ASX: The local share market is expected to edge higher this morning after over the weekend.
Travel warning: Commuters in Sydney have been told to “brace for chaos” across the city’s bus network as New South Wales suffers a .
Unions said operators had been forced to cancel thousands of services while transport authorities insisted the situation was only temporary.
The cancellations cover regions north, northwest and south of downtown Sydney, including the northern beaches and eastern suburbs.
Foreign students: The Australian university sector has welcomed a snap Chinese government .
Universities Australia CEO Catriona Jackson said the move would encourage around 40,000 Chinese students to return to Australia but warned there would be logistical hurdles.
Doctor crisis: The Australian Doctors Reform Society have called for an urgent for doctors to improve patient care.
The medical body urged for an increase to the incentive for GPs by at least $10, saying Medicare was "on life support".
Lost capsule: Rio Tinto said it was taking the - smaller than a 10 cent piece - "very seriously".
The company has launched an internal investigation into how the item went missing over a 1,400-kilometre stretch of road between its Western Australia mine site and Perth.
RATs: Millions of COVID rapid antigen tests purchased by state and territory governments will , prompting debate about what to do with them.
Analysis by the ABC showed about 5.5 million tests were due to expire in the next three months in Queensland and Western Australia alone - figures are unknown in NSW and South Australia because they did not participate in the analysis.
Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of the efforts by the company to turn profitable, reduce costs and improve efficiency. The nascent battery unit, led by senior manufacturing engineers whose previous employers include Apple and Panasonic, will seek external investors after the spin-off that could happen as early as the end of this year, with a valuation to be decided later, the people said. Nio declined to comment beyond founder and CEO William Li's comments on an earnings call on Tuesday that the automaker would continue to do in-house research and development on batteries but now planned to outsource all of the manufacturing.
The EU should join forces with African countries to reform the World Trade Organization's (WTO) subsidy rules as a way to counter Chinese market distortions and diplomatic influence, the German Economic Institute (IW) argued in a paper on Wednesday. The IW, which is financed by prominent German business associations and carries weight among Berlin policymakers, published the paper ahead of an EU-China summit in Beijing on Thursday and Friday. The issue of unfair competition is expected to top the agenda, three months after the European Commission launched an anti-subsidy probe into Chinese electric vehicles.
Moody's negative outlook on China has intensified Beijing's battle with market bears, raising pressure on the government for more forceful measures to prop up sinking stocks and stabilise the yuan as investor confidence deteriorates. In its Tuesday announcement, the ratings agency flagged weakening growth prospects, adding to mounting global concerns that China's economic miracle is over, potentially leaving the world's second-largest economy stuck in a middle-income trap. While keeping China's sovereign rating at A1, Moody's cut its outlook to negative from stable, citing surging municipal debt and property market woes.
Angelina Jolie has claimed she "lost the ability to live and travel as freely" amid her divorce. The 48-year-old actress - who met Brad Pitt in 2005 and married him 2014 before splitting two years later, sparking a seven-year divorce battle over custody of their six children - wants to move away from Hollywood to live in her home in Asia once the legal proceedings are over. She told WSJ. Magazine: "It’s part of what happened after my divorce - I lost the ability to live and travel as freely. I w
Xochitl Gomez and Val Chmerkovskiy were crowned 'Dancing with the Stars' winners on Tuesday night (05.12.23). The 17-year-old Disney actress and her professional dance partner won the 32nd season of the show after achieving two perfect 30-out-of-30 scores in the finale. Judges Derek Hough, 38, Carrie Ann Inaba, 55, and Bruno Tonioli, 68, awarded the pair three 10s apiece for their Foxtrot dance to 'Unconditionally' by Katy Perry, and they received the same score for their Freestyle to District 7
Eva Longoria feels like the "ugly duckling" because she didn't "identify as a beauty growing up". The 48-year-old actress has admitted she didn't mind being cast as Gabrielle Solis in 'Desperate Housewives' in a role that focused a lot on her looks, and joked she's "riding that wave to the beach". Asked where her confidence has come from, she told Entertainment Tonight: "For me? The ugly duckling. "I did not identify as a beauty growing up and so I don't have a very healthy relationship with it
Mark Ballas and BC Jean have welcomed their first child into the world. The 37-year-old pro dancer and his singer-songwriter wife are now parents to son Banksi, who was born on November 5th. Mark shared a picture of him and BC holding onto the youngster's hand, and he wrote on Instagram: "Welcome to Earth my son Banksi Wylde Ballas 11 / 5 / 23 (sic)" BC shared the same image, and she wrote: "Banksi Wylde Ballas Joined us earthside 11-5-23 Happy one month sweet boy You are so loved (sic)" Mark ap