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Negative official rates and FLP a downer for bank profits
October 30, 2020 07:24 PM AEDT| By Team Kalkine MediaLast month, in September, RBNZ (Reserve Bank of New Zealand) announced that the term funding for the FLP (Funding for Lending Programme) would be ready by the end of 2020 before it cuts OCR (Official Rate Cut) prior to March 2021, as there was a ne.....
ANZ's new emissions policy welcomed by conservationists but irks senior Nationals MPs
October 30, 2020 04:00 PM AEDT| By Team Kalkine MediaAustralia and New Zealand Banking Group (ASX:ANZ) and (NZX:ANZ) is a dual listed stock that unveiled its latest climate change policy, which will see the Bank moving away from funding thermal coal and switching to a zero-emissions economy by 2.....
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New Zealand votes for Euthanasia, Cannabis legalisation gets a thumbs down
October 30, 2020 03:41 PM AEDT| By Team Kalkine MediaIn a significant development, majority of the New Zealanders have voted yes to legalise Euthanasia. Preliminary results are out after the New Zealander cast their votes in two referendums – one for the End of Life Choice Act and second for th.....
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Is Tesla (NASDAQ:TSLA) maintaining its lead in the Battery Electric Vehicle race in Europe?
October 30, 2020 02:55 PM AEDT| By Team Kalkine MediaAutomotive industry giant Tesla Inc (NASDAQ:TSLA) grabbed world attention after it recently stated that it would export electric vehicles to Europe. Leading electric vehicle company reportedly announced that it has started to export Made-in-China M.....
Six NZ banks to start trial of regional banking hub in November
October 29, 2020 07:29 PM AEDT| By Team Kalkine MediaAs more and more customers shift to online banking, banks have been shutting their branches in small regional cities, adding to concerns that getting cash could become difficult in certain regions. But a consortium of banks has come up with a prop.....
Stargaze this weekend, The Mount John Summit reopens
October 29, 2020 03:15 PM AEDT| By Team Kalkine MediaTekapo tourist attraction the Mount John Summit Experience has reopened from Thursday, October 29. Mount John Observatory tours are famous for stargazing and are finally welcoming astronomy enthusiasts seven months after it was closed due to the CO.....
Microsoft & Netflix trading flat despite robust results, Here’s Why
October 28, 2020 06:18 PM AEDT| By Team Kalkine Mediaul> NASDAQ-listed Microsoft Corporation slipped lower on Tuesday post releasing its FY2021 Q1 earnings results as the tech giant fell short of analysts’ consensus over future earnings guidance. The stock settled ~ 2.84 per cent lower on 27...
PayPal Goes Active on Crypto Space, Slew of News
October 27, 2020 08:04 PM AEDT| By Team Kalkine MediaPayPal Introduces New Service Enabling Users to Transact Cryptocurrency: On 21 October 2020, PayPal announced the release of a new service that would allow the users to buy, hold & sell cryptocurrency straight from the PayPal account. The Comp.....
Woolworths ropes in KIWI executive Pejman Okhovat to overhaul Big W in Australia
October 27, 2020 05:09 PM AEDT| By Team Kalkine MediaHigh Street retail chain the Woolworths Group Limited (ASX:WOW) has hired Pejman Okhovat as Managing Director to take the transformation journey ahead for BIG W with its leadership team. Pejman will report to Claire Peters, who has joined as Managi.....
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Jack Ma’s Giant Ant Set to Make World’s Biggest Stock Market Debut
October 27, 2020 04:29 PM AEDT| By Team Kalkine MediaJack Ma’s Ant Group is set to raise US$34 billion when its shares start trading on the Hong Kong and Shanghai stock market in the upcoming weeks. With this, Ant Group’s IPO would become the world’s largest stock market debut on re.....
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COVID-19 Cases Resurge in US and UK, Vaccine Trials Back on Track
October 27, 2020 01:58 PM AEDT| By Team Kalkine MediaThe COVID-19 crisis threw the whole world into a dilemma of lives and livelihoods. The global virus crisis has engulfed almost the entire year, and till now, there is no effective treatment available to tackle the situation. The measures one can f.....
Meet HelloFresh, your home cooking companion!
October 26, 2020 11:13 PM AEDT| By Team Kalkine MediaHelloFresh SE (XETRA: HFGG), a German meal-kit delivery firm, is seeing higher demand as the pandemic-hit consumers are desperate to add some jazz to their home-cooked meals amid strict lockdown. Ready-to-cook food delivery service HelloFresh prom.....
Facebook and Twitter bosses issued subpoena, content moderation practices under lens
October 26, 2020 04:43 PM AEDT| By Team Kalkine MediaIn Washington's latest attack on Big Tech, the United States Senate Commerce Committee unanimously voted to issue subpoenas to the CEOs of Facebook, Google and Twitter, that will compel them to testify in front of Congress Facebook, Twitter and Go.....
Is New Zealand ready for more stimulus? Inflation data says yes, while property prices say otherwise
October 26, 2020 12:11 AM AEDT| By Team Kalkine MediaThe annual inflation rate surprisingly slowed in Q3, fueling prospects of further stimulus by the Reserve Bank to accelerate the economy. CPI is a measure of inflation for NZ households and records changes in the prices of goods and services. As .....
What is Kahoot?
October 25, 2020 02:27 AM AEDT| By Edita IvancevicJust how ‘google’ and ‘googling’ made it to official dictionaries, the story behind an interactive platform Kahoot! is no different. Thanks to this Norway invention, children and teachers around the world have been learning.....
Key Takeaways from Jacinda Ardern-Led New Zealand Approach Against the Pandemic
October 25, 2020 02:10 AM AEDT| By Hina ChowdharyCoronavirus’ impact on the world has been devastating. Amid this unprecedented challenge, one of the leaders who has stood tall, is Jacinda Ardern. The 39-year-old prime minister of New Zealand received global praise for her supe.....
How are European nations tackling COVID-19 second wave?
October 25, 2020 02:03 AM AEDT| By Kunal SawhneyAfter being severely hit by the initial wave of COVID-19 and gradually curbing the outbreak, many countries across Europe are again experiencing a resurgence of COVID-19 cases. Presently, countries like France, the UK, Spain and Germany are witness.....
COVID-19 Patients fill over 40% of ICU beds in Paris, an alarm bell for Europe?
October 24, 2020 05:08 PM AEDT| By Team Kalkine MediaThe ongoing COVID-19 pandemic caused by the novel coronavirus (SARS-CoV-2) continues to wreak havoc all over the world. According to the WHO, there have been 41.57 million confirmed cases of COVID-19, including 1,134,940 fatalities across the world.....
Tesla to ship cars from Shanghai plant, improve shipment time for Asia and EU
October 23, 2020 07:30 PM AEDT| By Edita IvancevicThe futuristic-car maker Tesla (NASDAQ:TSLA) has new plans in mind for the local supply of its vehicles. Tesla CEO Elon Musk introduced a new project for car shipments directly from the Shanghai ‘Gigafactory’. With this move, Mr Musk w.....
Tesla smashes market estimates in Q3; General Motors reveals EV plans
October 23, 2020 06:43 PM AEDT| By Team Kalkine MediaTesla, Inc. came up with another banger in the September quarter show, which was labelled as the ‘best quarter in history’ by Elon Musk. But optimists believe that best is yet to come, at least from new factories in two other continents.....
