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Government

Reddit challenges Australia’s under-16 social media ban

US-based internet forum Reddit has filed a High Court challenge against Austraila's recent social media ban for users under 16, citing "serious privacy and political expression issues for everyone on the internet," a company spokesperson said.

In court filings lodged on Dec. 12, Reddit argues the ban infringes the country's implied freedom of political communication, restricting children from engaging in online political discourse—a factor that, the company contends, informs the views of parents, teachers, and future voters.

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Bloomberg

Vakhshouri: IEA & OPEC Demand Forecast Gap Reduced

Oil rallied from its lowest close in almost two months, buoyed by bullishness in broader financial markets. Meanwhile the International Energy Agency trimmed its estimates for a global oil supply surplus this year and next for the first time in several months. This as demand strengthens and output growth slows. Sara Vakhshouri, President & Founder of SVB Energy International told Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa, the IEA is now closing the gap with OPEC on its demand forecast.

Leia mais: Vakhshouri: IEA & OPEC Demand Forecast Gap Reduced
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Industrials

Albanese secures Tomago smelter deal, protecting 1,000 Jobs with renewable energy plan

Prime Minister Anthony Albanese has announced a deal aimed at securing the future of the Tomago aluminium smelter in the Hunter region, assuring that roughly 1,000 jobs will be preserved.

The agreement, reached with the facility's board, will link the smelter to renewable energy sources, helping to reduce electricity costs and extend its operations beyond the previously threatened 2028 closure.

Leia mais: Albanese secures Tomago smelter deal, protecting 1,000 Jobs with renewable energy plan
Bloomberg

How IndiGo Turbulence Shook India's Aviation Sector

IndiGo's worst crisis in two decades triggered the cancellation of more than 2,000 flights last week, stranding tens of thousands of passengers nationwide. With IndiGo controlling about 65% of the domestic market, the chaos has exposed deep cracks in Indian aviation and prompted government intervention to restore order. Former Indian Director General of Civil Aviation, M R Sivaraman, shared his thoughts on the issue on Bloomberg's Insight with Haslinda Amin.

Leia mais: How IndiGo Turbulence Shook India's Aviation Sector