Health sector gives blockchain glowing prognosis
Securing safe interchange of patient data, improving the conduct of clinical tests and medicine traceability, and lowering costs.These are just some of the potential boosts for global healthcare the widespread use of blockchain technology, still in its relative infancy, could bring to the table, the sector hopes.The myriad potential applications of the cutting-edge technology used…
Jury still out in Apple-Samsung iPhone patent trial
Jurors return to a Silicon Valley courtroom Tuesday to deliberate for a second day about whether Samsung should pay Apple a billion dollars for copying iPhone design features.Apple is seeking slightly more than a billion dollars in damages in the seven-year-old legal battle, while Samsung wants a figure closer to $28 million.The jury has been…
CommSec Daily Report Monday
Latest newsAussie shares are holding onto modest gains at lunch despite heavy losses from Telstra (TLS), ANZ Banking Group (ANZ) and Macquarie (MQG). The ASX 200 is up 0.2 per cent and keeps stocks near four-month highs after six straight weeks of improvements.Telstra (TLS) is down 3.5 per cent after warning of lower profits this…
New home sales jump in NSW
New home sales jump in NSW, plunge in QueenslandNew home sales; Consumer sentimentNew detached home sales decline: In seasonally-adjusted terms, new detached home sales fell by 0.7 per cent in February after falling by 2.1 per cent in January. Sales are down by 1.4 per cent over the year.NSW leads, Queensland lags: The volume of…
Stocks to watch
Stocks to watch on the Australian stock exchange: BXB – BRAMBLES – up 1 cent, or 0.1 per cent, at $10.04 Brambles has inked a deal to sell North American whitewood pallets business CHEP Recycled to private equity firm Grey Mountain Partners for $US115 million ($A161 million). RFG – RETAIL FOOD GROUP – down 13…
Australian markets to open on the up
The Australian market is set to open on the up this week, but is on track for an underperforming year overall. Wall Street and Europe rallied on Friday and that should flow on for a positive start locally come Monday, says AMP Capital’s chief economist Shane Oliver. But house prices and jobs data are likely…
Bank of England prepares cash access boost before Brexit
The Bank of England on Tuesday said it was preparing to give lenders greater access to cash borrowing in its latest move to help bring financial stability ahead of Brexit.‘The Bank will increase the frequency of existing market-wide sterling (cash loans)… from monthly to weekly over the weeks surrounding the planned EU withdrawal date,’ the…
No interest loans for NSW household solar
Up to 300,000 households across NSW will be able to install solar panels and batteries with no upfront costs under an interest-free loan scheme offered by the state government. Premier Gladys Berejiklian on Sunday announced the Empowering Homes program, a 10-year scheme to incentivise the installation of solar panels and battery storage systems. ‘We know…
Canada ambassador walks back comments on Huawai executive
Canada’s ambassador to China on Thursday walked back comments that Huawei executive Meng Wanzhou has a ‘strong case’ against extradition to the United States, following a political backlash.Ambassador John McCallum said in a statement that he ‘misspoke’ and ‘regrets that my comments with respect to the legal proceedings of Ms. Meng have created confusion.’Meng was…
Netflix apologizes for use of Quebec rail disaster footage
Netflix has rejected a Quebec government request that it pull footage of a 2013 Canadian rail disaster from its film ‘Bird Box,’ while apologizing for any pain it may have caused.In a letter to Quebec Culture Minister Nathalie Roy, Netflix also promised not to use the Lac Megantic crash footage in future productions.But it said…
