Electrifying returns: Scottish firm makes £12.8bn investing in Tesla

However, eight years ago the fund managers James Anderson and Tom Slater began investing heavily in Tesla, when the shares were changing hands at about $6 each. This week they were trading at about $350, although significantly down from their peak of $498 in late August.

Mutual funds managed 3.30 crore SIP accounts as on August 31; inflows fall a tad

The silver lining is that the mutual fund industry added 11.16 lakh new SIP accounts in August. Almost equal additions were made in the month of July as well. Currently, mutual funds have about 3.30 crore SIP folios through which investors regularly invest in schemes.

US wholesale prices rise 0.3% in August as food costs drop

Helping to moderate wholesale prices in August was a 0.4% drop in food costs, the third straight decline after a big jump in May caused by supply bottlenecks related to coronavirus cases at meat packing plants. Energy costs edged down 0.1% in August after sizable gains in the previous three months.

Last 2 journalists working for Australian media leave China

In this image made from a video, The Australian Financial Review journalist Michael Smith arrives at Sydney airport, Australia Tuesday, Sept. 8, 2020. Smith and Australian Broadcasting Corp. journalist Bill Birtles, the last two journalists working for Australian media in China have left the country after police demanded interviews with them, the Australian government and […]

Former players out for redemption in Australian Survivor: All Stars

“I have a hobby that predates Covid that was useful and that is watchmaking,” he says. “I collect dive watches from the 60s and 70s and I rebuild them myself. So that, in a way, has been a bit of a godsend because It’s very ‘time consuming’ so it’s helped me get through this period.”

D-day arrives with broadcast deal to shape future of Australian rugby

But Castle was unable to conclude a deal before the coronavirus pandemic hit and she resigned in April. The new Rugby Australia leadership of chairman Hamish McLennan and interim CEO Rob Clarke has adopted a different strategy, which allows broadcasters to buy the whole package or carve up individual products, derided by some commentators as […]

Australian man jailed after crashing into marked police cars with $145 million of crystal meth in his van

“This 26-year-old Berala man has certainly had a very, very bad day. Crashing into police vehicles with that amount of drugs on board is somewhat unheard of, and is an exceptional set of circumstances,” said Detective Glyn Baker of the Ryde Police in a press conference shortly after the incident took place.

Plans for fans to return for iconic Melbourne sports events

MELBOURNE, Australia (AP) — Government officials are aiming to have crowds back at sports events in Melbourne in time for the Boxing Day cricket test between Australia and India in December and for the first tennis major of 2021 at the Australian Open.

Move over MasterChef and MAFS! AACTA offering $50,000 in prize money for Australians to come up with a brand new reality show

Move over! Foreign-owned reality shows have proven to be a hit with local audiences. And now, the Australian Academy of Cinema and Television Arts is offering $50,000 for a new and original reality show. MasterChef is originally a British show. Pictured is winner Emelia Jackson

Australian journalists evacuated from China after five-day diplomatic standoff

The diplomatic standoff began when the two men — Bill Birtles, Beijing correspondent for the Australian Broadcasting Corporation (ABC), and Mike Smith, Shanghai correspondent for the Australian Financial Review (AFR) — were told they were “persons of interest in an investigation” into Cheng Lei, an Australian anchor for state broadcaster CGTN, according to the AFR. […]