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China records highest daily rise of COVID-19 cases this year

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China COVID-19 cases rise in Nanjing.

China has recorded 76 new cases of COVID-19its highest daily increase since January

The eastern city of Nanjing reported the new surge in cases. The city has started its second round of mass testing to contain China’s latest outbreak.

Authorities in Nanjing are seeking to test city’s 9.2 million residents. But authorities remain on high alert after contact tracing found five infected individuals travelled through Nanjing’s airport.

China has taken a zero-tolerance approach to new COVID-19 infections. The nation moves to quickly trace, test and isolate fresh cases of COVID-19 in the community.

It also locks down cities and mass tests its citizens whenever a small clusters appears. China was once the epicentre of the pandemic, after the virus originated in the Chinese city of Wuhan.

China has recorded 120,000 cases of COVID-19, and 5,630 deaths. However, over one billion residents have been vaccinated against the virus.

WHO pushes for second investigation

The new infections follow the World Health Organisation (WHO) calling on countries to work together to investigate the origins of the ongoing pandemic. But China rejected the proposal of a second phase investigation.

Tarik Jasarevic is a WHO spokesperson, who says the investigation is “not about blame”.

“It is about basically a requirement we all have to try to understand how the pathogen came into the human population.”

“In this sense, countries really have the responsibility to work together and to work with WHO in a spirit of partnership.”

But Chinese authorities labelled the probe as “absurd”.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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RBA rate hike fears & Fed cuts shake Wall Street

Fresh jobs data fuels speculation of earlier RBA rate hikes amid underlying labor-market issues affecting the Australian economy.

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Fresh jobs data fuels speculation of earlier RBA rate hikes amid underlying labor-market issues affecting the Australian economy.


Fresh jobs data has sparked speculation that the Reserve Bank of Australia may raise rates sooner than expected. Market watchers are weighing how steady unemployment may mask deeper labor-market weaknesses and what that means for the Australian economy.

Kyle Rodda from Capital.com breaks down why some economists now expect the RBA could move twice in 2026 and how tighter financial conditions may influence households and businesses.

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#RBA #FedRateCut #WallStreet #InterestRates #AustralianEconomy #Investing #Markets #FinanceNews


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Netflix vs Paramount: The Warner Bros takeover battle explained

Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.

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Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.


The battle for Warner Bros is heating up, with Netflix and Paramount in a high-stakes clash that could redefine the streaming and filmmaking landscape. We break down who currently holds the stronger position and why Warner Bros might favor Netflix’s offer over Paramount’s all-cash bid.

Darren Woolley from TrinityP3 joins us to discuss the role of equity upside, shareholder sentiment, and the realistic chances of a hostile takeover. We also explore how political connections and regulatory scrutiny could shape the outcome of this landmark deal.

Finally, we look at the wider impact on competitors like Disney, Amazon, and Apple, as well as creators, production partners, and exhibitors. Who will ultimately win this battle for one of the most influential studios in modern media?

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#WarnerBros #Netflix #Paramount #StreamingWars #MediaTakeover #HollywoodDeals #EntertainmentNews #Ticker


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Elon Musk’s SpaceX plans $25 billion IPO in 2026

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SpaceX plans a $25 billion IPO in 2026, potentially valuing the company at over $1 trillion.


Elon Musk’s SpaceX is preparing to raise over $25 billion through an initial public offering in 2026. The move could value the space exploration company at over $1 trillion, fueled by its Starlink internet network and Starship rocket programme.

The IPO discussions are underway with major banks, targeting a launch around June or July. This comes as the IPO market experiences a revival after a three-year slowdown, attracting attention from both institutional and retail investors.

SpaceX is currently the second most-valuable private startup after OpenAI. While investors are excited, some remain cautious about Musk’s ability to manage multiple high-profile companies simultaneously.

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#SpaceX #ElonMusk #IPO #Starlink #Starship #TechNews #Investing #Startup


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