According to 1News, Auckland’s underground Karanga-a-Hape Station hosted performances by artists including Kween Kong and Jaycee from the Kiki House of Iman ahead of the $5.5 billion City Rail Link project opening next month. The event brought local arts and rainbow communities 33 metres below Karangahape Road to celebrate the upcoming transit milestone. Community Celebrations … Read more
US researchers have announced the creation of new viruses using artificial intelligence, marking a scientific first that raises hopes for targeted medical treatments while stoking anxieties about frontier biosecurity risks, according to findings published in the journal Science. AI-Designed Phages Kill E. Coli in Laboratory Tests Researchers at Stanford University and the Broad Institute of … Read more
Labour has unveiled a $1.56 billion election policy package aimed at supporting New Zealand’s small businesses through faster invoice repayments, tax relief on new equipment, and reduced compliance costs. Party leader Chris Hipkins stated that small businesses represent around 42% of the country’s gross domestic product, arguing that owners are currently being squeezed by rising … Read more
ANZ, the country’s largest bank, has increased fixed home loan interest rates by up to 0.26% in response to rising wholesale funding costs linked to the ongoing conflict in the Middle East. The rate adjustments, which took effect Thursday, affect fixed terms ranging from six months to three years, according to the bank’s latest pricing … Read more
Big Tech venture capital portfolios are artificially inflating corporate earnings reports through massive investment gains from private artificial intelligence firms like Anthropic and OpenAI, according to financial data from LSEG. Microsoft, Amazon, and Alphabet recently booked sizable investment gains in their latest quarters due to their private stakes in these soaring AI developers, masking software … Read more
South Africa has initiated preparatory measures for the potential introduction of the M72/AS01E tuberculosis vaccine, marking a significant step toward addressing a disease that has lacked a new vaccine in over a century. The Department of Health is coordinating with international partners to ensure that if current Phase 3 clinical trials prove successful, the country … Read more
Food delivery app drivers in New Zealand report being offered gig jobs paying as little as $6, according to recent statements from platform workers and industry representatives. While companies like DoorDash and Uber Eats maintain that average on-trip earnings exceed the minimum wage, workers point out that unpaid waiting times and return travel significantly diminish … Read more
The Canadian economy expanded by 0.3 per cent in May, beating economist forecasts and extending a spring rebound that puts second-quarter annualized growth on track to surpass 3 per cent, according to Statistics Canada data released on Friday. While resources and construction drove the broad-based gains, economists warn that impending U.S. tariffs and geopolitical energy … Read more
Namibia has avoided a major economic blow after escaping the latest 12.5 percent United States tariff wave that hit seven major African exporting economies, according to official trade policy documents issued on July 23. While nations including South Africa and Nigeria face the new levies under Section 301 of the US Trade Act of 1974, … Read more
The Federal Reserve opted to keep its benchmark interest rate at a range of 3.5% to 3.75%, according to the central bank’s announcement on Wednesday. While markets largely expected the Federal Open Market Committee to stay on hold, recent comments from several officials indicate a sizable constituency within the central bank considered raising borrowing costs … Read more