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Tag: Australia

Joby Aviation Targets Australia for Air Taxi Operations

On 2024-08-06 By Aifin In Business

Joby Aviation, the electric air taxi manufacturer, has formally applied for aircraft certification in Australia. The company’s application to Australia’s Civil Aviation Safety Authority (CASA) leverages a bilateral agreement between the U.S. and Australian regulators …

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Australia Invests $1.4 Billion to Extend Life of Collins-Class Submarines

On 2024-07-27 By Aifin In World

Australia has taken a significant step towards bolstering its naval capabilities by committing A$2.2 billion ($1.4 billion) to upgrade its Collins-class submarines. The four-year contract, awarded to state-owned submarine builder ASC, will see vital upgrades …

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Australia Jobs Report: Strong Growth But Unemployment Rises

On 2024-07-18 By Aifin In Economy

Australia’s job market showed mixed signals in June, with robust employment growth but a slight increase in unemployment, leaving the Reserve Bank of Australia (RBA) with a difficult decision on interest rates. Net employment jumped …

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World Bank to Rescue Pacific Islands from Banking Crisis

On 2024-07-14 By Aifin In Economy

Pacific Island nations are facing a critical financial crisis. Western banks are withdrawing from the region, leaving them cut off from global finance. This has a serious impact on their economies, affecting crucial remittances, trade, …

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Taiwan on High Alert as Chinese Military Activity Surges

On 2024-07-11 By Aifin In World

Taiwan’s defense ministry has reported the detection of 66 Chinese aircraft, including fighter jets and bombers, operating around the island. This significant surge in Chinese military activity near Taiwan has sparked alarm bells, raising concerns …

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BHP Suspends Nickel Operations in Western Australia Amid Market Slump

On 2024-07-11 By Aifin In Markets

BHP Group, the world’s largest listed miner, is temporarily suspending its Nickel West operations and West Musgrave project in Western Australia, effective October. This decision comes amid a significant decline in nickel prices and an …

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Lithuania: National anthem unites citizens in global event, from Ukrainian frontline to Pacific islands

On 2024-07-07 By Aifin In World

On Saturday, hundreds of thousands of Lithuanians sang their national anthem simultaneously, in an annual demonstration of unity, from the Ukrainian frontline to the Pacific islands in Vanuatu. The tradition, launched in 2009 to mark …

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