News
Melbourne announced as host city of 2026 Commonwealth games
The Australian state of Victoria and the city of Melbourne will host the 2026 Commonwealth Games
The opening ceremony of the Commonwealth Games will be held at Melbourne’s MCG, giving a much-needed injection of life back to the city once known for the world’s longest lockdown.
Premier Daniel Andrews said there will be a strong focus on hosting events in regional areas to help boost the economy.
The MCG will host the opening ceremony, however, most events will be hosted in regional hubs.
“This will be a Commonwealth Games like no other. We promised we wouldn’t be doing a re-run of 2006, as successful as that was,” Premier Andrews said.
Four hubs in Geelong, Bendigo, Ballarat and Gippsland will be established each with an athletes’ village. Shepparton will also host a series of events.
Premier Andrews said hosting the games is an opportunity to highlight regional parts of Victoria and invest in sporting infrastructure in those areas.
He thanked the Commonwealth commitee for accepting a bid focusing on reviving the regions.
“I’m sure from their point of view, it’s a bit riskier than just running it in the middle of a large city,” Premier Andrews said.
The Victorian government has estimated prosperous employment opportunities with over 4,000 jobs in the lead-up and throughout the games and another 3000 thereafter.
Minister for Regional Development Mary-Anne Thomas added, “We’ve always known the value of regional Victoria, and the 2026 Commonwealth Games will provide a chance to showcase all we have to offer to the world.”
Negotiations are continuing into commercial deals of the event.
Amanda Gunn contributed to this report
Crypto
Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.
We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.
Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.
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News
Airbus hit by new A320 fuselage panel defect triggering share price drop
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.
While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.
The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.
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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews
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Bitcoin tanks as markets turn risk-off and tech stocks slide
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.
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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews
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