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Ace Business Desk

ASIC Filings Suggest Victorian Newsagent Worker Alledgedly Linked to Company at Centre of Nvidia Spy Scandal

Ace Business Desk – In short: Megaspeed Australia is registered as a subsidiary of Megaspeed, the Singapore-based firm linked to the scandal engulfing Nvidia’s CEO: By ABC business reporter Jasper Wells Published Tue 10 Nov 2026 at 7:46pm A 29-year-old man living in regional Victoria is listed as the subsidiary’s director, but his father told ABC […]

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Ace Breaking News

Indonesia’s vice president resigns as his eligibility and academic credentials are questioned

Ace Breaking News – (AP) Gibran Rakabuming Raka, the son of former President Joko Widodo, submitted his resignation Thursday to the leadership of the People’s Consultative Assembly. The Constitutional Court and the Supreme Court ruled last month that the documents Raka submitted regarding his overseas education didn’t meet election requirements. A subsequent petition submitted Wednesday […]

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Ace News Desk

U.K GOV. DOE Sets Out New Action Plan to Reduce Homelessness for Care-Experienced Young People

Ace News Desk – Plan to drive down homelessness for young people leaving care building on PM’s pledge to tackle rough sleeping. Young people who have been in care will be better protected from falling into homelessness with new duties on councils to support young people as they step out of care and towards independent […]

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Ace Business Desk

China Wants More People in its ‘Social Insurance Scheme’ but Many are Self-Employed & Gig-Workers & its Unaffordable

Ace Business Desk – In short: China’s government is taking measures to increase the number of people participating in its social security scheme. However, a huge number of China’s workers are self-employed, and some face challenges paying the required contributions: By Iris Zhao and Michael Li Published: Fri 6 Nov 2026 at 5:00am What’s next? Experts say initiatives […]

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Ace Business Desk

OPINION: U.K Job’s Crisis on the Cards for Christmas as Employers Prepare for Redundancies Before Jan.01 2027 Unfair Dismissal Laws

Ace Business Desk – In Short – Employers are preparing for a wave of pre-Christmas redundancies as businesses rush to avoid tougher unfair dismissal laws that come into force on Jan 1. Companies fear the changes could expose them to unlimited compensation claims, prompting some to get rid of highly paid staff before the deadline Telegraphs Melissa […]

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Ace Business Desk

Winners & Losers: Global Clean Energy Markets Rallied While AI Data Centres Stocks Slide

Ace Business Desk – “Shock waves from the Democratic blue tsunami cascaded through global energy markets on Wednesday,” reports Politico in its coverage of the US midterm election results. It continues: “The AI race, which is powering the US economy and sending electricity demand soaring, suddenly faces major roadblock by Benjamin Storrow, Zack Colman and […]

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Ace Business Desk

U.S Midterm Voters Rejected ‘Data Centres’ in Favour of High Cost at Pump & Losing Their Jobs to AI

Ace Buisness Desk – Data centers lose big during midterm races with fierce pushback that helped carry Democrats to victory in key races across the nation this week, and where the centers were explicitly on the ballot, they lost overwhelmingly news from The Hill reports Midterm voters both rejected industry-backed candidates and overwhelmingly backed resolutions to halt […]