News

Biden ramps up calls for urgent investigation into origins of COVID-19

Published

5 years ago

May 27, 2021

US President Joe Biden has announced he will ramp up efforts to determine the origins of Covid-19, as speculation grows that it came from a lab leak

Biden has asked the country’s intelligence organisations to “redouble their efforts” and establish a definitive conclusion within 90 days.

In a statement, the President says, “As part of the report, I have asked for areas of further inquiry that may be required including specific questions for China.”

The President continued stating “the U-S will keep working with like-minded partners around the world to press China to participate in a full, transparent, evidence-based international investigation”.

Previous investigations have been handballed to the World Health Organisation but Biden seems committed to having his country take the lead this time around.

This follows a Wall Street Journal article published over the weekend.

It states three researchers from Wuhan’s Institute of Virology became so ill with an unknown virus in November 2019 that they were hospitalised.

News

AI shake-up hits classifieds: Rightmove and REA face market threats

AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.

Published

3 hours ago

December 4, 2025

Harvey Vargas

AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.

AI is sending shockwaves through the classifieds market, wiping billions from valuations and raising questions about the future of major players like Rightmove and REA Group. Investors are now closely watching how technology like ChatGPT could reshape the way online classifieds operate.

Experts weigh in on how AI could disrupt traditional business models, and what companies must do to stay competitive in a rapidly changing landscape. From adapting strategies to embracing innovation, the classifieds industry faces pivotal choices in the age of artificial intelligence.

We speak with Darren Woolley on the potential risks, investor reactions, and strategies that could determine which companies survive—and which might thrive—amidst this AI-driven transformation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIImpact #Rightmove #REAGroup #Classifieds #TechDisruption #ChatGPT #MarketTrends #DigitalInnovation

News

Private sector jobs fall as ADP reveals major slowdown in November

ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.

Published

4 hours ago

December 4, 2025

Harvey Vargas

ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.

ADP has revealed a surprise decline of 32,000 private sector jobs in November, signalling renewed pressure across the labour market. Small businesses in particular have been hit hardest, raising fresh concerns about resilience heading into the new year.

Economists warn that slowing hiring momentum and weakening pay growth point to a broader shift in worker demand. With consumers increasingly expecting unemployment to rise, sentiment across industries continues to cool.

The market now turns its attention to the upcoming Bureau of Labor Statistics report, which will offer a crucial read on whether this slowdown is temporary—or a sign of something much larger.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#ADP #JobsReport #LabourMarket #EconomyNews #SmallBusiness #HiringTrends #Wages #TickerNews

News

Australia warned of major electricity price surge without faster renewable rollout

Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.

Published

5 hours ago

December 4, 2025

Harvey Vargas

Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.

Australia’s energy watchdog is warning that households could be hit with a 13% jump in electricity prices early next decade if renewable energy projects don’t accelerate. The Australian Energy Market Commission says the next five years will be critical to boosting clean generation and battery storage.

While a modest 5% drop in power bills is expected over the short term, delays in wind projects and transmission updates could see prices climb by as much as 20%. Energy Minister Chris Bowen also cautions that extending the life of ageing coal plants could push costs and pollution even higher.

Experts say that faster renewable construction could cut future prices by up to 10%, and that widespread electrification could transform long-term household savings.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#EnergyAustralia
#ElectricityPrices
#RenewableEnergy
#AEMC
#PowerBills
#CleanEnergyTransition
#AustraliaNews
#EnergyPolicy