Bitcoin makes $28,000 record run
Bitcoin is crashing — upward. It just passed $28,000 and shows no signs of stopping. The digital currency has a market value north of $500 billion. Think Bitcoin is just a fad? It’s worth more than Visa (V) or Mastercard (MA). Or Walmart (WMT). Bitcoin passed $20,000 for the first time just 11 days ago. […]
ACCC rejects Google’s Fitbit undertaking
Australia’s competition regulator has rejected an undertaking by Alphabet Inc-owned Google that sought to address competition concerns over its planned $US2.1 billion ($A2.8 billion) acquisition of fitness tracker maker Fitbit. The development comes as Google remains at loggerheads with the Australian government over a number of issues, including proposed laws that will make Australia the […]
Australia launches WTO appeal against China’s barley tariff
Australia will challenge China’s tariff on its barley exports in an appeal to the World Trade Organization (WTO). It marks the first defensive action from Australia in response to a number of China’s sanctions on a range of goods this year. Beijing has imposed blockages or levies to dairy, meat, wine and others as political […]