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Jeju 737 crash inquiry faces data recording setback

Jeju 737 crash inquiry faces setback; final 4 minutes missing from both recorders, complicating investigation.

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Jeju 737 crash inquiry faces setback with final 4 minutes missing from both recorders.

Korean investigators are facing challenges in their inquiry into the Jeju Air Boeing 737-800 crash at Muan.

Both flight recorders have failed to capture the last four minutes of the flight, hindering the investigation.

During the accident on 29 December, the aircraft overran the runway and hit a localiser while attempting a gear-up and flapless landing.

Of the 181 passengers and crew on board, only two survived.

The South Korean Ministry of Transport has reported that the cockpit-voice recorder was retrieved in an intact condition, but the flight-data recorder was found with a damaged connector.

Data from the cockpit-voice recorder was extracted, but it revealed that recording stopped four minutes before the collision.

The ministry has stated that the cause of this data loss is currently unknown.

To assist with the investigation, they sought help from the US National Transportation Safety Board (NTSB) to verify and analyse the available data.

NTSB conducted its analysis between 7 and 11 January 2025.

Despite retrieving and analysing available information, both recorders failed to store data during the critical four-minute period leading up to the accident.

The ministry has indicated that the investigation will continue to seek the reasons behind the failure of the recorders.

They emphasise the importance of using multiple data sources for accident investigations and are committed to determining the cause of the crash.

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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.

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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.

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


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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.

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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.

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


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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.

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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.

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


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