Money

Another Aussie airline mandates the COVID vaccine

Published

4 years ago

August 30, 2021

Anthony Lucas

As businesses ramp up efforts to encourage their staff to get vaccinated, another Australian airline has mandated the jab amongst its workforce

https://twitter.com/tickerNEWSco/status/1432211984422825988?s=20

Virgin Australia announced on Monday that the COVID-19 vaccine would be mandated across its workforce.

The airline revealed that it is commencing consultation with unions and employees to require COVID-19 vaccination for all team members.

The company believes that mandating vaccination is the best way to protect the health and safety of the airline’s workforce and passengers.

A consultation process will commence shortly with relevant unions, employees and safety committees before Virgin Australia decides a final policy in September

Currently Virgin is proposing that all frontline team members be vaccinated by 15 November 2021, and all office-based team members by 31 March 2022.

The airline did confirm however that those with medical exemptions will be considered “on a case-by-case” basis.

Virgin Australia CEO Jayne Hrdlicka stated that recent events such as recent lockdowns in Australia, have demonstrated that it only takes one person to start an outbreak of COVID-19.

“Virgin Australia is not alone as a business in being deeply affected by the events of recent months. It is clear that vaccination is the only way back to normal freedom of movement and the richness in life that comes from spending meaningful, in person time with family, friends and colleagues. “

“We trust medical experts, their advice and the evidence that shows that vaccines save lives and reduce hospitalisation rates” the CEO said.

Virgin Australia will continue to assist employees with securing vaccination appointments and provide flexible working arrangements, so team members can receive their vaccinations.

A recent survey of Virgin Australia team members found that over 75 per cent of our frontline workforce have received at least one dose of a COVID-19 vaccine, with another 9 per cent registered for vaccination.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

3 weeks ago

November 27, 2025

Harvey Vargas

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews

Money

Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

Published

3 weeks ago

November 26, 2025

Harvey Vargas

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.

The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.

Money

Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Published

3 weeks ago

November 25, 2025

Harvey Vargas

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar