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International
Australia's Job Ads Fall in March
Job advertisements in Australia in March fell 0.4% month on month, 1.3% quarter on quarter, and 2.9% year on year, according to data published by Seek on Thursday.Job ads have declined at the same pace since September, while applications per job ad slipped 0.4% month on month.Hiring activity slowed on a monthly basis across the eastern seaboard, but grew in Western Australia by 0.4% and in the Northern Territory by 0.2%.Western Australia is the only state or territory where ad volumes have grown annually, up 1.6%.Job ad volume rose in five industries month on month, led by mining, resources, and energy, up 1.7%, engineering, up 1.4%, and consulting and strategy, up 0.6%.Annual growth in hiring was restricted to resources, trades, and infrastructure-related industries, with engineering leading at 7.9%.References to artificial intelligence-related skills within job ads have risen past 75% year on year.
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Asia
Dynamatic Signs MoU with Germany's Aerodata to Develop Unmanned, Airborne Surveillance
Dynauton Systems, a division of Dynamatic Technologies (NSE:DYNAMATECH, BOM:505242), entered into a memorandum of understanding with Germany's Aerodata, according to a Thursday filing to the Indian stock exchanges.The two companies aim to develop a new unmanned, airborne surveillance and reconnaissance solution for the Indian region based on Aerodata's modular AeroForce X platform.The MALE UAS combines high payload capacity with a maximum endurance of up to 40 hours and is designed for the integration of advanced mission system technology, which suits AeroForce X for long-duration missions over land and sea.Under the MoU, the two companies will jointly evaluate how AeroForce X can be further developed and deployed to meet the requirements of the Indian market.
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Asia
Australian Strategic Materials Says FIRB Approved Proposed Sale to Energy Fuels; Shares Jump 5%
Australian Strategic Materials (ASX:ASM) said Australia's Foreign Investment Review Board (FIRB) has approved Energy Fuels' proposed acquisition of up to 100% ownership of the company, according to a Thursday filing with the Australian bourse.The deal remains subject to other conditions, including court and Australian Strategic Materials' shareholders approval.Shares of Australian Strategic Materials gained 5% in recent Thursday trade.
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