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New Zealand Raises Interest Rates for the First Time in Seven Years

October 7, 2021 by Fourth Estate Wire

New Zealand’s central bank has raised the interest rates on Wednesday for the first time in seven years due to concerns over rising property prices and inflation. The Reserve Bank of New Zealand (RBNZ) increased the country’s benchmark lending rate …

Ireland Bread Prices to Increase Following Brexit

January 28, 2021 by Fourth Estate Wire

Ireland could see an increase in the prices of bread due to tariffs on ingredients, following Brexit. The Irish Bakery Association (IBA) has cautioned that that there would be a rise in bread prices as bakers heavily depend on British …

Brexit Related Shipping Challenges to Cause Consumer Goods Price Increases in UK

December 9, 2020 by Fourth Estate Wire

The price of different consumer goods in the United Kingdom could increase by over 40 percent from January 1st after post-Brexit taxes, representing a significant setback for the government of Prime Minister Boris Johnson.

Facing Anti-Trust Pressure Apple will Lower App Store Fees

November 18, 2020 by Fourth Estate Wire

Tech giant Apple announced on Wednesday morning that it will start a program to lower its App Store commissions for software developers who make $1 million or less in proceeds each year from the store.

BioNTech Will Price Vaccine Below Market Rates

November 11, 2020 by Fourth Estate Wire

BioNTech is planning to price the two-shot regimen of the COVID-19 vaccine below “typical market rates” and would even differentiate pricing between regions or nations. The company is currently first in the race to disclose interim information from a large-scale trial showing a highly effective COVID-19 vaccine.

Toshiba Aims to Create $3 Billion Revenue in Quantum Cryptography

October 19, 2020October 19, 2020 by Fourth Estate Wire

Toshiba announced on Monday morning that it is aiming to create $3 billion in revenue from its advanced cryptographic technology for data protection by the year 2030, as the Japanese giant scrambles to find future growth drivers.