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Melbourne in lockdown limbo: state locked down with no end in sight



Sydney and Melbourne will both remain in lockdown this week amid a growing number of new Covid-19 infections

Victorian state premier Daniel Andrews has announced that Covid-19 lockdown will not end tomorrow night.

Twelve million Australians are now in Covid-19 lockdown, with hundreds of new cases. In New South Wales, authorities recorded 111 new cases in the previous 24 hours, up from 97 the day before. Around 80% of these infections are from three areas in Sydney.

The state government has banned more than 600,000 people from these hotspot areas from leaving their districts, even for work. Workers in the health or emergency sector are exempt, but need to be tested every three days. These restrictions will stay in place until at least the end of the month.

It follows the New South Wales Premier, Gladys Berejiklian saying it may take up to five more days before the impact of the state’s tougher restrictions become clear.

Premier extends Melbourne lockdown

Just last weekend, Melbourne recorded its 11th-straight day of zero new Covid-19 infections. Now, the city is days into a snap lockdown, which the government planned to end tomorrow.

State Premier Daniel Andrews says ending the lockdown would “not be the right thing to do”. There will be no further advice as to when the lockdown will end until tomorrow.

People wait in line outside a coronavirus disease (COVID-19) vaccination centre at Sydney Olympic Park in Sydney, Australia, July 14, 2021. REUTERS/Jane Wardell

Australia’s vaccination roll-out

As many Australians go into lockdown, some good news is on the horizon. Amid the lockdowns, Australia’s lacklustre vaccination rollout program will get a much needed boost. One million new Pfizer Covid vaccination doses will arrive in Australia today.

The nation’s Covid-19 Taskforce Commander hopes to see an acceleration in vaccination rates. He says every Australian who wants a jab will have one by the end of the year.

Australia now has 13 per cent of the population fully vaccinated, with 10 million doses now administered. Australia has recorded 31,632 coronavirus cases and 913 deaths since the pandemic began.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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New York Stock Exchange in free fall



Human error sends the New York Stock Exchange tumbling

We’ve all made mistakes at the office from time to time, but spare a thought for one worker who may have single-handedly brought down the New York Stock Exchange with just one tiny error.

The mistake of one employee has wiped billions of dollars off the charts for some of the globe’s largest companies.

The individual reportedly triggered wild swings and volatility on the New York Stock Exchange.

A number of big brand names were caught up in the catastrophe. It included McDonald’s, Walmart, and Mobil.

The NYSE eventually came clean. Officials admitted the“root cause” of the screw-up was a “manual error” from a staff member in the backup data centre.

The employee accidentally left the system running.

That’s why some stocks behaved as if trading had already started, with no opening prices being set, sending the market into a meltdown. #trending #featured

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Toyota announce Koji Sato as new CEO



He’s the grandson of the founder, and a true titan of the industry.

But the question of who should replace Akio Toyoda at the top of Toyota had become a growing concern.

Now we have the answer.

The auto giant has announce its veteran boss would step down as chief executive, and become chairman.

Toyoda said he would be succeeded by chief branding officer Koji Sato from the start of April.

Sato says he loves making cars, and hopes to propel the company further down the Electric Vehicle path over the coming years. #Toyota

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Taylor Swift ticketing fiasco enters the U.S. Senate



Live Nation is in the firing line over its inability to stop scalper bots from purchasing Taylor Swift tickets

U.S. Senators have grilled the boss of Live Nation over the lack of transparency relating to concert tickets for Taylor Swift’s upcoming tour.

The entertainment company, which owns Ticketmaster is under fire after bots purchased tickets for Swift’s ‘Era Tour’ last year, in an attempt to resell them for a higher price.

Joe Berchtold is the chief financial officer of Live Nation, who apologised to the U.S. Senate Judiciary Committee hearing.

“We apologise to the fans, we apologise to Ms. Swift, we need to do better and we will do better.”

Senators criticised Live Nation’s fee structure and inability to deal with bots, which bulk buy tickets and resell them at inflated prices.

“There isn’t transparency when no one knows who sets the fees,” Democratic Senator Amy Klobuchar said.

Meanwhile, Republican Senator Marsha Blackburn called Live Nation’s bot problem “unbelievable”.

Ticketmaster reportedly occupies more than 70 per cent market share of primary ticket services for major U.S. concert venues.

“You ought to be able to get some good advice from people and figure it out,” Ms Blackburn said.

Ticketmaster cancelled sales of Swift’s tour to the public because of the “high demand”.

The entertainment giant reportedly sold over 2 million tickets, which is enough to fill 900 stadiums.

Taylor Swift said the situation was difficult, and called for accountability for music promoters.

“It’s really difficult for me to trust an outside entity with these relationships and loyalties, and excruciating for me to just watch mistakes happen with no recourse.

“I’m not going to make excuses for anyone because we asked them, multiple times, if they could handle this kind of demand and we were assured they could,” she said.

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