Business

Neobank Volt to shut down, return deposits to customers after funding struggles

Neobank Volt to shut down, return deposits to customers after funding struggles

“The entire Volt team is deeply disappointed to have reached this point. We are enormously grateful to everyone who believed in what we were trying to achieve and worked tirelessly to make Volt a success.” It comes after the closure of rival neobank Xinja in January last year, after it failed to raise enough money, …

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Landmark gig worker protection agreement struck between Uber and Transport Workers’ Union

Landmark gig worker protection agreement struck between Uber and Transport Workers’ Union

Gig economy workers could be given fairer wages and guaranteed protections under a landmark agreement struck between Uber and the Transport Workers’ Union (TWU). Key points: Uber and the Transport Workers’ Union will lobby the government for laws to protect gig workers It comes as seven food delivery drivers died on the job in 2020 …

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Shell says Prelude LNG shipments disrupted until at least mid-July

Shell says Prelude LNG shipments disrupted until at least mid-July

The logo of Royal Dutch Shell is pictured during a launch event for a hydrogen electrolysis plant at Shell’s Rhineland refinery in Wesseling near Cologne, Germany, July 2, 2021. REUTERS/Thilo Schmuelgen// Register now for FREE unlimited access to Reuters.com Register SYDNEY/MELBOURNE, June 29 (Reuters) – Shell Plc (SHEL.L) said on Wednesday liquefied natural gas (LNG) …

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Australian construction contractor FSA Services Group collapses: owes .6m, risks 123 jobs

Australian construction contractor FSA Services Group collapses: owes $10.6m, risks 123 jobs

More than a hundred employees have been impacted with the 27-year-old company hit by the crisis in the construction industry. An Australian company involved in the construction sector has collapsed owing $10.6 million and impacting more than a hundred jobs. The 27-year-old company called Fire Services Australia (FSA) Group, worked across multiple construction projects offering …

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Australians double spending through buy now, pay later services, to .9bn

Australians double spending through buy now, pay later services, to $11.9bn

It’s hard to shop in store or online without seeing a logo for a buy now, pay later service, such as Afterpay or Zip, and Australians are converts. Key points: In the 2020-2021 financial year, Australians spent almost $12 billion through buy now, pay later services Buy now, pay later platforms reported 5.9 million active …

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Former Nuix CEO Eddie Sheehy tells short about IPO selling shares

Former Nuix CEO Eddie Sheehy tells short about IPO selling shares

A former boss of embattled technology company Nuix believed the share price of the company was heading “off a cliff” shortly after it was listed by his successors on the Australian Securities Exchange and he wanted to sell his shares as quickly as possible, the Federal Court has heard. Eddie Sheehy, a co-founder of Nuix …

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Food hacks: Woman’s ‘life hack’ of washing vegetables in washing machine branded ‘ludicrous’

Food hacks: Woman’s ‘life hack’ of washing vegetables in washing machine branded ‘ludicrous’

food hacks are something that have become identical with TikTokbut not everyone is convinced by one woman’s bizarre method of washing her leafy greens. In a video shared by Arizona woman Ashley Echols to her account @ashleyechols777a bunch of kale and spinach leaves can be seen getting the cleaning of a lifetime – but not …

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