News

Why Did UK PM Boris Johnson Cancel His Trip To India?

January 06, 2021 12:26 PM AEDT| By Team Kalkine Media

New Year 2021 is full of hope with COVID-19 vaccine developments getting around, but it has not started on a good note, especially for the UK. In a televised address, UK Prime Minister Boris Johnson has instructed approximately 56 million people .....

Why the High-Profile Healthcare JV Haven is Falling Apart

January 06, 2021 12:19 PM AEDT| By Kunal Sawhney

In what is being deemed as a major setback for the health sector, the high-profile joint venture between Amazon, JPMorgan and Berkshire Hathaway has come to an end without achieving its objectives. The joint venture fiasco is reportedly being attri.....

NYSE reverses its plan to delist three Chinese telcos

January 06, 2021 10:56 AM AEDT| By Team Kalkine Media

The New York Stock Exchange has reported that it will not delist into the three leading Chinese telecommunication companies. The stock exchange the previously had decided to not move with reported delisting plan as it consulted with relevant regul.....

62 Kiwis became instant millionaires in 2020—thanks to Lotto NZ

January 05, 2021 06:53 PM AEDT| By Team Kalkine Media

The year 2020 made many New Zealanders richer, as they won millions of NZ dollars through Lotto wins. A big number of 62 New Zealanders became millionaires, out of which 28 were Powerball winners. Due to COVID-19, in many ways it was a tough year f.....

South African virus strain more dangerous than the UK mutant warn UK health officials

January 05, 2021 06:23 PM AEDT| By Team Kalkine Media

New coronavirus mutation identified in South Africa is considered more infectious than the strain found in the UK. Experts say that there is no need to panic, even though the British Health Secretary, Matt Hancock, is very concerned about the late.....

Kiwi produced cheese might be named differently according to fresh EU laws

January 05, 2021 04:52 PM AEDT| By Kunal Sawhney

The local Kiwi cheese brands might undergo renaming process to abide by novel EU laws. It was recently reported that the European Union is looking to ban cheese makers from other countries from using their famous cheese names. Image Source: Shut.....

Will 2021 Bring Respite for Last Year’s Worst Performing Commodities?

January 05, 2021 04:43 PM AEDT| By Team Kalkine Media

2020 was the year of commodities. The broad segments of industrial, precious and energy commodities witnessed the consumption-demand shock, on the back of widespread lockdown measures and reduced industrial activities during the year. The price of.....

COVID-19 hits NZ managed isolation with six new cases

January 05, 2021 03:07 PM AEDT| By Team Kalkine Media

Ever since the Ministry came up with its last update on 3 December, six new COVID-19 cases have been reported in managed isolation in NZ. In its latest update, the Ministry of Health said that 2 cases had arrived from the UK while 1 case each came.....

Bitcoin, Ethereum, Dogecoin & Ripple: How Are Cryptocurrencies Faring?

January 04, 2021 10:55 PM AEDT| By Hina Chowdhary

Cryptocurrencies are rallying worldwide, led by the unprecedented surge in Bitcoin, which outperformed all asset classes in 2020. The largest cryptocurrency breached US$ 34,000-mark on January 3, jumping by 7.8 per cent within 24 hours. Meanwhile, t...

Is Jack Ma Missing Since Criticizing Chinese Govt?

January 04, 2021 08:40 PM AEDT| By Team Kalkine Media

The whereabouts of high-profile Alibaba founder Jack Ma has been the hot topic for a while now. Reports have it that the billionaire has been allegedly missing since criticizing the Chinese government, having not made any public appearances in over.....

What can revive New Zealand Dairy Market in 2021?

January 04, 2021 07:28 PM AEDT| By Mark O'Donnell

Transformation of the New Zealand dairy sector is regularly discussed in farming circles, both by media, and the Government. A transformation is necessary for New Zealand farmers to better compete on the global stage, to ensure the sustainability and...

A Roller-Coaster Ride for Wall Street In 2020; What To Expect Ahead?

January 04, 2021 07:07 PM AEDT| By Team Kalkine Media

The benchmark index S&P 500 has broken the ‘Rectangle Pattern’ at 3,602.50 level and prices made a new all-time high. After consolidating in the range for more than 3 months, the index registered a decisive breakout that suggests a .....

India greenlights two COVID-19 vaccines for emergency use

January 04, 2021 06:06 PM AEDT| By Kunal Sawhney

Indian drug regulator has authorised two COVID-19 vaccines for millions of Indians. The approval was received just hours after the country initiated a trial run of its massive vaccination program. Covaxin and Covishield got consent by the DCGI (Dr.....

Commodities Gaining Strength from the Green Energy Drive

January 04, 2021 05:58 PM AEDT| By Team Kalkine Media

The green ambition finally seems to be picking some pace and might emerge as a major theme for the year 2021 with Biden sweeping away the election result with Green Energy being one of his moot points. The green energy space might also get highlight...

3 Chinese Telcos in the US off to a dismal start of 2021, booted out of NYSE

January 04, 2021 05:07 PM AEDT| By Team Kalkine Media

The United States is intensifying its crackdown on Chinese companies listed on the US-based stock exchanges as three Chinese telcos are set to delist. Source © Kalkine Group 2020 Overseas companies can list their shares on the US sto.....

Tesla in the fast lane: How the automaker drove its way into a stellar 2020

January 04, 2021 03:18 PM AEDT| By Team Kalkine Media

Tesla Inc released a media statement on Saturday revealing its vehicle deliveries in 2020. Founder Elon Musk congratulated the Tesla team on Twitter for delivering 499,550 electric vehicles in 2020. The steady rise in the popularity and adoption of e...

Petroleum Helicopters International extends overseas foothold

January 04, 2021 02:31 PM AEDT| By Team Kalkine Media

Petroleum Helicopters International (PHI), Nelson-based international helicopter operator, established in 2017, provides customer-centric helicopter services and works across 4 continents. PHI takes up tough assignments within aviation, providing .....