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Visit One News Page for Australia news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Australia news headlines.

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    TORONTO, Dec. 28, 2018 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSXV: LABS) (the “*Company*” or “*MediPharm Labs*”), a specialized, research driven cannabis extraction business licensed under the Cannabis Act, is pleased to announce its addition to the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) (“HMMJ” or “ETF”). The addition of MediPharm to the HMMJ Index is a significant milestone and another important step in the Company’s evolution as a leader in purified cannabis extraction.HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. This index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the Marijuana industry. The North American Marijuana Index selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the Marijuana industry.

    Rebalancing of the North American Marijuana Index, and consequently HMMJ, occurs each calendar quarter. At that point, all stocks eligible for inclusion are weighted by their respective market capitalization. However, no single stock can exceed a 10% weight of the North American Marijuana Index at the rebalance date. The holdings of HMMJ and its current portfolio weights are regularly updated and available at www.HorizonsETFs.com/HMMJ.

    *About MediPharm Labs Corp.*
    Founded in 2015, MediPharm Labs is a pioneer in the cannabis industry and has the distinction of being the first company in Canada to become a licensed producer for cannabis oil production under the Access to Cannabis for Medical Purposes Regulations (ACMPR) without first receiving a cannabis cultivation licence. This expert focus on cannabis concentrates from its cGMP (current Good Manufacturing Practices) and ISO standard-built clean rooms and critical environments laboratory, allows MediPharm Labs to work with its established, Health Canada-approved cultivation partners to produce pharmaceutical-grade cannabis oil with a competitive advantage. MediPharm Labs is research-driven and focused on downstream secondary extraction methodology, distillation, and cannabinoid isolation and purification. MediPharm Labs provides B2B contract processing of cannabis to Canadian authorized licensed producers and appropriate international growers, supplying integrity-assured cannabis oil to qualified companies for sale under their own brand. In addition, MediPharm Labs will supply raw materials, formulations, processing and packaging for the creation of ready-to-sell advanced derivative products. MediPharm Labs was awarded Start-Up Of The Year at the recent Canadian Cannabis Awards hosted by Lift & Co.

    Through its subsidiary, MediPharm Labs Australia Pty. Ltd., MediPharm Labs has also completed its application process with the federal Office of Drug Control to extract and import medical cannabis products in Australia.

           
    *For further information, please contact:*     
    Laura Lepore, Vice President, Investor Relations & Communications    
           
    Telephone: 705-719-7425 ext 216    
    Email: investors@medipharmlabs.com    
           

    *NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.*

    *CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:*

    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, expected GMP certification and the establishment of operations in Australia. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inability of MediPharm to obtain adequate financing; and the delay or failure to receive regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, MediPharm assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change. Reported by GlobeNewswire 38 minutes ago.

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    Jasprit Bumrah recorded his career-best figures of 6 for 33 on Day three of the ongoing third Test between India and Australia at the Melbourne Cricket Ground (MCG) on Friday. Reported by DNA 34 minutes ago.

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    Uber changed its logo and Lyft launched pink and purple e-scooters. It's been a big year for the two big ride-hailing apps.

    For the drivers who supply rides ordered via smartphones, Uber and Lyft might say things were pretty good in 2018. Both companies made a big push to improve the driver experience, from Uber's new app to both Lyft and Uber's reward programs. But pay has stagnated and driver rights haven't improved much — issues that the companies don't want to examine too closely.

    SEE ALSO: Uber and Lyft IPOs will make a lot of people rich. But what about the drivers?

    In some cities like New York, London, and throughout Australia, the fight is on with local policymakers to reach the demands of the driver community. Drivers are looking to keep more of each fare and get recognized for their work.  Read more...

    More about Uber, Lyft, Ride Hailing Apps, Drivers, and End Of Year 2018 Reported by Mashable 33 minutes ago.

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    JOHNS CREEK, Ga., Dec. 28, 2018 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that it has appointed RSM US LLP to serve as the Company's independent consolidated auditor for 2019. RSM will replace T R Chadha & Co. LLP (“TRC”), who will continue as the Company's consolidated auditor for the fiscal year ending December 31, 2018.RSM US LLP is the fifth largest accounting firm in the United States, with over 9,600 employees across 90 cities nationwide providing audit, tax, and consulting services. The firm was founded in 1926 and is headquartered in Chicago, Illinois.

    The Audit Committee of the Company's Board of Directors solicited proposals from four major accounting firms and conducted an extensive evaluation process in connection with the selection of the Company's independent auditors. Following this process, on December 21, 2018, the Audit Committee appointed RSM US LLP to serve as the Company's independent auditor for 2019.

    RSM US LLP is a member firm of global accounting network RSM International, through which the firm brings an affiliation of 75 independent accounting firms with 215 locations in 38 states and Puerto Rico.

    The Company also announced that it has decided to continue with the services of KPMG for business combination valuation, and Ernst & Young for tax advice, tax provisioning and internal audit services, for the year 2018 and 2019.

    Lastly the Company reiterated that it in connection with the audits of the Company's consolidated financial statements for the fiscal years ended December 31, 2016 and 2017, and in the subsequent interim period till 27^th December 2018, there were no disagreements with any of its present or past auditors on any matters of accounting principles or practices, financial statement disclosure or auditing scope and procedures which, if not resolved to the satisfaction of the auditors, would have caused them to make reference to the matter in their report.

    *About Ebix, Inc.*

    With 50+ offices across 5 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance, across the world.

    With a "Phygital” strategy that combines 260,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, Forex, travel, pre-paid & gift cards, utility payments, lending etc., in an emerging country like India. The Company’s Forex Exchange has an approximate 70% market share of India’s airport Foreign Exchange business encompassing 25 international airports like Delhi, Mumbai, Bangalore, Chennai and Kolkata International airports, while conducting over 1 million transactions per annum. EbixCash, through its travel portal Via.com, is also one of Southeast Asia’s leading travel exchanges with over 110,000 distribution outlets and 8,000 corporate clients processing over 24.5 million transactions every year. For further details, visit www.ebixcash.com

    Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com

    *SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS*

    As used herein, the terms “Ebix,” “the Company,” “we,” “our” and “us” refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc.

    The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may,""could,""should,""would,""believe,""expect,""anticipate,""estimate,""intend,""seeks,""plan,""project,""continue,""predict,""will,""should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made.

    Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia, UK and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts.

    Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason.

    Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.** **

    CONTACT: CONTACT:
    Gautam Sharma or Darren Joseph                                                                                                   
    678 -281-2027 or IR@ebix.com

    David Collins, Chris Eddy
    Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com Reported by GlobeNewswire 19 minutes ago.

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    Tesla has named two new board members — here’s the full list of company directors (TSLA)· *Tesla has added two new board members, it said Friday: Larry Ellison and Kathleen Thompson-Wilson.*
    · *The new appointments are part of Tesla's $20 million settlement with US regulators in September.*
    · *Last month, Robyn Denholm replaced CEO Elon Musk as chairman of the board.*

    Larry Ellison, the co-founder of Oracle, and Kathleen Thompson-Wilson, an executive at Walgreens-Boots Alliances, have been named to Tesla’s board of directors, the company announced Friday.

    The new directorships come as part of Tesla’s $20 million settlement with the top US’ stock market regulator, the Securities and Exchange Commission, in September following CEO Elon Musk's failed initiative to take the company private. As part of the agreement, Tesla agreed to replace Musk as chairman of the board (it did so with Robyn Denholm in November) and add two new directors.

    While Thompson-Wilson sits on the boards of two manufacturing companies — and Denholm spent seven years at Toyota in Australia — Tesla’s board of directors has come under fire for a lack of relevant automotive experience.

    Ellison, who bought a 3 million share stake in the company earlier this year, is a "big believer" in Tesla’s mission, the company said in a press release. The philanthropist has turned his sights to green energy after founding Oracle in 1977, with plans for a "next-generation" power grid on the Hawaiian island he bought in 2012.

    Here’s a look at Tesla’s full board of directors, the group charged with guiding the company and advocating on behalf of its shareholders:

    *SEE ALSO: Tesla's board has formed a special committee to consider going private*

    *FOLLOW US: on Facebook for more car and transportation content!*

    -Larry Ellison-

    Larry Ellison founded Oracle Corporation in 1977, as one of the first database software companies. Its flagship product debuted in 1979.

    In the time since, Ellison — who remains the company’s executive chairman and CTO — has joined other billionaires signed the Giving Pledge, promising to give massive amounts to charitable causes. His gifts have gone to educational and healthcare initiatives.

    According to the Bloomberg Billionaire’s Index, the 74-year-old is currently worth $48.9 million, most of which stems from his 30% ownership of Oracle. He owns Hawaii’s Lanai island, as well as a sailing team, a real-estate company, and a collection of 16th-century Samurai weapons.

    On Oracle’s third-quarter earnings call, Ellison went off-script to praise Elon Musk.

    "He's landing rockets on robot drone rafts in the ocean," Ellison said. "And you're saying he doesn't know what he's doing. Well, who else is landing rockets? You ever land a rocket on a robot drone? Who are you?"

    Ellison purchased a three-million-share stake of Tesla earlier this year, the company said.-Kathleen Wilson-Thompson-

    Kathleen Wilson-Thompson, the third woman to join Tesla’s board, is the global head of human resources for Walgreens-Boots Alliance, one of the world’s largest pharmacy chains. Prior to her job there, she spent 17 years at Kellogg.

    She also serves on the boards of Ashland Inc, a chemicals company, and Vulcan Materials, a construction company.

    "Kathleen brings decades of leadership experience in global human resources management," Tesla said in a press release, adding that she "brings a passion for building and promoting great workplaces."

     -Robyn M. Denholm-

    Robyn Denholm, one of the few Tesla directors with automotive experience, has been a director since August 2014 and was appointed to chair the board on November 7. 

    After being educated in Australia and spending the first seven years of her career at Toyota in the country, Denholm spent 11 years as a Senior Vice President at Sun Microsystems, the subsidiary of Oracle, according to Tesla's website. 

    The 54-year-old currently serves as CFO and head of strategy for Telstra, Australia's largest telecom provider, where she was previously head of operations, according to Bloomberg. The company said she will leave her post at Telstra after a six-month notice period. 

    Denholm will also temporarily step down as chair of Tesla's audit committee until her time at Telstra is complete. She also on the board's compensation, and nominating and corporate governance committees. 

    As part of her incentive package, Denholm will receive an annual cash retainer of $300,000 after leaving Telstra along with 8,000 stock options annually, the company said. 
    See the rest of the story at Business Insider Reported by Business Insider 2 days ago.

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    Wayfair, a leading retailer offering Hot Tubs, receives the highest ranking available from TopConsumerReviews.com.

    OVERLAND PARK, Kan. (PRWEB) December 28, 2018

    TopConsumerReviews.com recently gave their best-in-class 5 star rating to Wayfair, a leader among online retailers who sell Hot Tubs.

    Hot Tubs are a favorite way to soothe sore muscles, entertain party guests, and just relax after a long day on the job. While it’s possible to find Hot Tubs at some hotels and gyms, it’s not uncommon for those facilities to be less-than-clean - or packed with strangers. Most people would rather have their own Hot Tub: always available, clean, and just the right temperature. Finding the right Hot Tub can be surprisingly easy, with the world’s best selection available from online retailers.

    “When Wayfair says they carry “a zillion things home”, they mean it,” according to Brian Dolezal of TopConsumerReviews.com, LLC. “We found that they have the web’s most impressive array of Hot Tubs listed on their easy-to-use website. There’s no need to drive all over town, hoping that the showrooms in your area might have the right Hot Tub for your available space and desired budget: Wayfair has over 100 choices, from an inflatable model that holds up to four people, all the way up to a 20-foot-long lap swim/hot tub combo. You’ll have no problem using Wayfair’s sorting options to focus in on just the Hot Tubs that fit your criteria, and you’ll find their prices to be extremely competitive with stores that specialize in Hot Tubs and spas. For all of these reasons, Wayfair earns our first-place ranking among retailers of Hot Tubs in 2018.”

    To find out more about Wayfair and other retailers of Hot Tubs, including reviews and comparison rankings, please visit the Hot Tubs category of TopConsumerReviews.com at https://www.topconsumerreviews.com/hot-tubs/.

    About Wayfair
    Wayfair’s motto is that they offer “a zillion things home.” With one of the world's largest online selections of furniture, home furnishings, décor and goods, including more than seven million products from over 7,000 suppliers, Wayfair helps people find the perfect product at the right price. Their extensive selection and superior customer service, coupled with the convenience of online shopping, make it easier than ever before for customers to find exactly what they want for the home at a price they can afford. Wayfair is headquartered in Boston, MA, and has offices in Canada, Germany, the United Kingdom, and Australia.

    About TopConsumerReviews.com
    TopConsumerReviews.com, LLC is a leading provider of reviews and rankings for thousands of consumer products and services. From Hot Tubs to Swimming Pool Supplies and Dating Services, TopConsumerReviews.com delivers in-depth product evaluations in order to make purchasing decisions easier. Reported by PRWeb 2 days ago.

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    Aaron Mooy Set for Lengthy Spell Out With Huddersfield Ace Finally Withdrawn From Australia Squad Reported by SI.com 2 days ago.

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    HOBART, Australia (AP) — A protest lodged by the race committee against Sydney to Hobart line honors winner Wild Oats XI will go before a five-person international jury on Saturday. Runner-up Black Jack has claimed the Automatic Identification System (AIS) on nine-time winner Wild Oats XI was not switched on during the race, giving the […] Reported by Seattle Times 2 days ago.

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    SYDNEY (AP) — Australia said Saturday it stripped a suspected militant held in Turkey of citizenship because he fought for the Islamic State group. Minister for Home Affairs Peter Dutton said that Neil Prakash was in the service of a “terrorist organization” and acted “inconsistently” with his allegiance to Australia. He became the 12th person […] Reported by Seattle Times 1 day ago.

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    MELBOURNE, Australia (AP) — Officials have scrapped the use of wet bulb globe temperature readings for next month’s Australian Open which should result in more matches suspended or delayed by Melbourne’s notoriously hot, dry and often windy conditions in January. The wet bulb index is a measure of the heat stress in direct sunlight, which […] Reported by Seattle Times 1 day ago.

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    PERTH, Australia (AP) — Cameron Norrie and Katie Boulter beat Stefanos Tsitsipas and Maria Sakkari 4-3, 3-4, 4-3, including 5-4 in a tiebreaker in the deciding mixed doubles set in the Fast4 format, to give Britain a 2-1 win over Greece in the opening match of the eight-team Hopman Cup tennis tournament on Saturday. Norrie […] Reported by Seattle Times 1 day ago.

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    Ruth Strauss, the wife of former England cricket captain Andrew Strauss, has died following a battle with lung cancer Reported by FOX Sports 21 hours ago.

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    One final test for the green and gold before their Asian Cup defence kicks off Reported by Goal.com 9 hours ago.

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    Cardi B tries to keep a super low profile as she makes her way through an airport with her security guard on Saturday (December 29) in Perth, Australia. The 26-year-old “Bodak Yellow” rapper covered up in black and yellow scarf and sunglasses as she arrived in the Down Under ahead of her performance on the [...] Reported by Just Jared 8 hours ago.

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    Craig Goodwin scored from a penalty kick in injury time to give Adelaide United a 2-1 win over Newcastle in the A-League Reported by FOX Sports 23 hours ago.

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    PERTH, Australia (AP) — Roger Federer started preparation for his Australian Open title defense in style with a 6-1, 6-1 victory over Cameron Norrie at the Hopman Cup on Sunday. The 37-year-old Federer sent his 23-year-old opponent from Britain back to reality in a one-sided match lasting just 57 minutes. The No. 91-ranked Norrie had […] Reported by Seattle Times 23 hours ago.

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    Australia 5 Oman 0: Socceroos enjoy serene Asian Cup warm-up Oman proved vastly inferior opposition for Australia as they eased to a 5-0 win in a warm-up game for the Asian Cup. Reported by Goal.com 20 hours ago.

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    PERTH, Australia (AP) — Roger Federer’s wish is about to be granted — he’s getting the chance to return Serena Williams’ powerful serve. The famously unflappable Swiss acknowledges being excited about the prospect of taking on his fellow tennis great on Tuesday in a Hopman Cup mixed doubles match between Switzerland and the United States. […] Reported by Seattle Times 16 hours ago.

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    Cardi B didn't mince words after cameras caught fans and paparazzi berating her and her publicist at an airport in Australia this week. Reported by FOXNews.com 15 hours ago.

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    Cardi B did NOT like a swarm of paps in Australia making nasty comments about her relationship with Offset while demanding she show face ... and she let 'em know it. The 'Money' rapper took to Instagram Sunday to lay into a few pushy cameramen and… Reported by TMZ.com 14 hours ago.

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