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World news
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 08, 2020 12:14 AM AEDT| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....
Climate Change to impact Australian economy: time to bring in robust changes
November 08, 2020 12:12 AM AEDT| By Kunal SawhneyClimate crisis for Australia is not new. Each year the climate topic pops up, and conversations continue with less significant actions to deal with it. Recently in a groundbreaking case, a 25-year-old won a trial against Australian superannu.....
Why did the streaming video service Quibi fall?
November 08, 2020 12:10 AM AEDT| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....
5 emerging Tech trends to rock the world after coronavirus
November 07, 2020 03:59 AM AEDT| By Kunal SawhneyThe value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19. With work from home becoming the new normal, technology is playing a significant role in supportin.....
Massive growth on the cards for Medical Equipment Repair Market
November 06, 2020 04:29 PM AEDT| By Team Kalkine MediaThe medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to boom further in the future. The main factors driving the medical equipment repair market are incre.....
Japan Post agrees to sell Toll Global Express business
November 06, 2020 02:13 PM AEDT| By Team Kalkine MediaJapan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics subsidiary Toll Holdings Ltd. By selling this business, Japan Post aims to concentrate on making Toll.....
US observed a surge in coronavirus cases after Election day
November 06, 2020 12:19 PM AEDT| By Team Kalkine MediaUS has set a 1-day record for new coronavirus cases on 4 November. The average daily confirmed cases jumped to an all-time high in the US as the country lingers on a knife-edge for a President. As per John Hopkins University, daily fresh coronavir.....
ASX market rises, following Wall Street’s rally before the US elections result
November 05, 2020 02:27 PM AEDT| By Kunal SawhneyFinally, the world is closer than ever to witness, probably the most important event for the world nowadays, i.e. outcome of the 59th quadrennial US presidential elections. With the current count of 264 electoral votes in favour of Joe Biden, the m.....
AU & US Earnings beat expectations but future still looks gloomy
November 05, 2020 06:00 AM AEDT| By Team Kalkine MediaThe coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in the earnings, the recovery has been quite fast across sectors. Looking at the third quarter perfor.....
Ant Group’s Race to world’s biggest IPO Abruptly Derailed, Regulator Raises Red Flag
November 04, 2020 07:01 PM AEDT| By Team Kalkine MediaWhat was supposed to be the world’s biggest Initial Public Offering (IPO) by financial technology company Ant Group, came to an abrupt halt in Shanghai and Hong Kong when Chinese regulators waved a red flag, derailing a record USD 34.5 billio.....
US Presidential Election 2020 Battle: ASX Stocks worth watching post the results
November 04, 2020 03:16 PM AEDT| By Team Kalkine MediaNot just the US, but the entire world is waiting with bated breath to find the final outcome of the US Presential elections, that were held on 03 November 2020. Just like the share markets across the world, the election results are bound to have an.....
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Aussie Home Loans’ Chairman John Symond hangs his boots
November 04, 2020 03:08 PM AEDT| By Team Kalkine MediaAussie Home Loans founder John Symond retired on 3 November 2020 from the company, after spending almost three decades as the Chairman. At present, John Symond’s nephew James Symond is the Chief Executive of the company. Geoff Austin, who ha.....
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Volatility In Gold And Crude Surges On The Heels Of US Presidential Elections 2020
November 04, 2020 02:50 PM AEDT| By Team Kalkine MediaGold prices are back in focus as the U.S. 2020 presidential election reaches the crescendo. The gold spot market has demonstrated an upper bounce during the trading session on 4 November 2020 with gold spot surging from the recent low of USD 1,859......
AstraZeneca (AZN) Sells the rights of Two drugs to Cheplapharm for US$400 million
November 03, 2020 05:36 PM AEDT| By Team Kalkine MediaAstraZeneca Plc (LON:AZN) disclosed that it signed an agreement to sell the commercial rights of its hypertension medicines Atacand and Atacand Plus to Cheplapharm Arzneimittel GmbH, a German pharmaceutical company. Cheplapharm&.....
US Presidential election at the fag end, is the market nervous?
November 03, 2020 04:00 PM AEDT| By Team Kalkine MediaWith the US Presidential election 2020 due today i.e. 3 November 2020, the stock market has already given a key signal of the winner. CFRA’s ‘Presidential Predictor’ is showing victory of Joe Biden, the Democratic candidate, defea.....
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Google’s sister company X sheds light on its ambitious mental health project
November 03, 2020 03:55 PM AEDT| By Team Kalkine MediaAlphabet’s X, the Moonshot Factory, recently published a new blog post, detailing the findings of its mental health project called Project Amber. X, Google’s sister company, is a semi-secret research and development facility and organi.....
Amex, Visa and Mastercard hit hard by subdued international travel
November 02, 2020 04:09 PM AEDT| By Team Kalkine MediaInternational travel continues to be one of the areas suppressed by pandemic implications. Although international travel has resumed in channels, the return to pre-pandemic levels is far. In the light of rising infections in Europe, countrie.....
Weak iPhone sales dragged Apple stock price in after-hours trading
November 02, 2020 12:46 PM AEDT| By Team Kalkine MediaApple Inc. shares declined by 5.2% in after-hours trading on 29 October as the Company once again failed to offer a financial outlook amid the ongoing certainty surrounding the coronavirus outbreak. Since coronavirus related delay caused the new s.....
Staycation and workation becoming the latest trends in the hospitality segment
November 01, 2020 01:20 AM AEDT| By Kunal SawhneyCOVID-19 has pushed people to come out of their daily routine and adapt to living in the new normal. The crisis has led the hospitality industry to bring innovation and modifications in their services as countries reopen gradually after seve.....
Why electric trucks are gaining more popularity?
November 01, 2020 12:11 AM AEDT| By Edita IvancevicElectric cars are likely to replace traditional vehicles in the upcoming years, as the demand for sustainable energy grows by the day. However, companies such as Tesla do believe that humanity can get out of the mess it created. Electric vehicles a.....
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