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Daily Archives: December 23, 2020

Coronavirus-sniffing dogs provide line of defence at Santiago airport

Dogs trained to detect the novel coronavirus have already begun sniffing passenger samples at airports in the United Arab Emirates and Finland. A study recently found dogs can identify infected individuals with 85 per cent to 100 per cent accuracy and rule out infection with 92 per cent to 99 …

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A president unhappy, unpredictable and running out of time

Trump later went on to veto the bill, a move which will likely be overridden by a congressional vote with bipartisan support in coming days. He has otherwise sequestered himself in the White House, playing host to a cast of conspiracy theorists and hard-core supporters who traffic in ideas like …

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A2 Milk looks to boost Chinese connections with $250m acquisition

A2 Milk has previously flagged its desire to increase its direct sales into China after the company’s key daigou reseller channel collapsed due to COVID-19, prompting a near half-a-billion sales downgrade earlier this month. Loading Chief executive Geoff Babidge said the deal with Mataura and CAHG would be key to …

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‘Retail’s grand final’: Big discounts and busy crowds in store this Boxing Day

Loading Such an influx of spending, expected to be up 4 per cent on last year, would come as welcome relief to many in the retail sector, who have experienced shuttered stores and ongoing uncertainty throughout the year thanks to stringent lockdowns. While spending has been bountiful at electronics and …

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As it happened: ASX finishes Christmas Eve session up 0.3%

Good night (or more accurately, good afternoon), and thank you all for joining me for this brief-yet-lively Christmas Eve session. There have been some heartwarming Christmas wishes in the comments today, alongside some of you coming clean on some of your worst trades this year. Hindsight is, of course, 2020. …

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Regulators consider early intervention to protect vulnerable investors

The task force is composed of members of the International Organisation of Securities Commissions (IOSCO) and the report said some members have observed an increased investor susceptibility to (as well as an uptick in) problematic conduct, including aggressive advertising, mis-labelling of products and misleading disclosure. “The current conditions are particularly …

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Investors told Xinja would make $138m profit by fiscal 2026

“Australia provides Xinja with a profitable and strongly regulated banking sector in which to prove its technology capabilities, generate strong earnings, and rapidly deploy and test technology innovations for markets around the globe,” it said. Loading However, Xinja’s investor update from October made no mention of global expansion plans and …

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Rio chairman moves to reset relationship with Indigenous group over cave blast

Loading The statement revealed the two organisations had been remediating the site and were working on a heads of agreement that would “capture Rio Tinto’s commitments” and steer the relationship rebuild. It is significant because the rare public statements from the PKKP to date have denounced Rio’s actions before and …

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‘This is about priorities’: ADF chief says no state will get troops for border patrol

NSW Premier Gladys Berejiklian announced that new cases on Wednesday all had links to known sources and were largely confined to the northern beaches. She said the northern beaches would be split into two zones at Narrabeen Bridge from Thursday, with those to the north remaining in lockdown and, from …

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Andrews’ grit should be applauded but there are challenges ahead

Loading Some history is helpful. DHHS was created by merging two already bulging departments – Health and Human Services. Health has always been dominated by the insatiable demand for new hospitals. The downgrading of public health within that empire was inevitable. For a Health Minister, launching a brochure is not …

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