LONDON—Exports from Britain to the European Union fell by 68 percent in January as trade was disrupted after the end of a transition period following Britain’s departure from the European Union, according to a trade body representing hauliers. The government did not confirm the data and said disruption at the border had been minimal since…
Exports From UK to EU Down 68 Percent Since Brexit Trade Deal, Say Hauliers
Vouchers Provide $19 Million Boost to the SA Economy
A second round of accommodation vouchers designed to help the tourism sector during the COVID-19 pandemic has provided a $19 million boost to the South Australian economy. Premier Steven Marshall says the vouchers generated 36,000 bookings, bringing cash to the state’s regions and the Adelaide CBD. “Across round one and two of the vouchers, we’ve…
2050 Target May Exclude Agriculture: Deputy PM
Australia may follow New Zealand in excluding the agriculture sector in its efforts to achieve a net zero emissions target by 2050. Prime Minister Scott Morrison appears to be leaning towards committing to the 2050 target through technology rather than taxation. But his coalition deputy and Nationals leader Michael McCormack says while the country must…
Australian E-bike Demand Gears up Post-Lockdown
An e-bike sales spike has been attributed to pent-up demand from Australians coming out of lockdown, as purchases nearly doubled since the COVID-19 pandemic hit. New figures from 99 Bikes, one of the nation’s largest bike retailers, show electric bike sales went up a gear from April to December last year. Founder Matt Turner said…
Victorian Govt Backs in ‘Hydrogen Hub’ Based at Swinburne University
The Victorian government has tipped $10 million into a hub in Melbourne’s southeast that will test and improve hydrogen technologies. The Victorian Hydrogen Hub will be based at Swinburne University of Technology and study both clean energy vehicles and hydrogen storage. About 300 jobs will be created through the initiative, with construction expected to take…
Fox News Cancels Lou Dobbs’ Weekday Business Show
LOS ANGELES—Fox Corp’s Fox Business Network has canceled “Lou Dobbs Tonight,” a weekday program hosted by the business journalist, the company said on Friday. News of the cancellation came one day after Dobbs, 75, was named as a defendant in a defamation lawsuit filed by voting machine maker Smartmatic, which argued that three Fox hosts…
Twitter Refused to Take Down Child Sex Abuse Content and Profited Off It: Lawyer
Lisa Haba, a partner of Haba Law Firm based in Florida, told The Epoch Times that Twitter refused to take down sexual exploitation videos of her client even after her client showed Twitter the proof that he’s a minor, and that Twitter “certainly was profiting off the exploitation of [her client].” The Haba Law Firm,…
Labor Board Denies Amazon’s Bid to Block Voting by Mail in Unionization Election
A federal labor board on Friday denied Amazon’s request to change an upcoming unionization vote from mail-in to in-person. An acting regional director for the National Labor Relations Board (NLRB) decided last month that the election for Amazon’s Bessemer, Alabama, warehouse should take place by mail because of the COVID-19 pandemic. Warehouse workers are poised…
Robinhood Lifts Trading Caps on GameStop and Other Stocks
Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop and AMC, according to an update on its website. “There are currently no temporary limits to increasing your positions,” the company said on its website, in an update addressing the status of market volatility-induced changes on its platform….
Lufthansa Raises 1.6 Billion Euros to Repay German Government Aid
LONDON—German airline Lufthansa said it had issued a 1.6 billion euro ($1.92 billion) bond on Thursday, money that will be used to repay part of a bailout given last year by state lender KfW to help it cope with the COVID-19 crisis. “We are very grateful for the support we receive in our home markets….
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