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World news
It’s splitsville for the Gates: Bill, Melinda end 27-year marriage
May 04, 2021 01:30 PM AEST| By Team Kalkine MediaMicrosoft co-founder and the world's fourth wealthiest person, Bill Gates and his wife Melinda have mutually decided to end their 27-year-long marriage. On Monday, they announced their split on Twitter through identical tweets. A glimpse into what.....
Mixed opening for APAC markets; Japan, China and Thailand on holidays
May 04, 2021 01:06 PM AEST| By Furquan MoharkanThe Asia-Pacific markets were showing mixed trends on Tuesday, even as three major markets – China, Japan, and Thailand – are closed on account of respective national holidays. South Korea’s KOSPI was down 14 basis points despite.....
NZ Productivity Commission to probe immigration policy
May 04, 2021 11:43 AM AEST| By Team Kalkine MediaSummary The Productivity Commission has initiated an investigation into immigration policy settings. The system-wide review will focus on immigration policy as a means of improving productivity in a way that is targeted to aid the overall well-.....
Warren Buffett Names Greg Abel As His Successor at Berkshire Hathaway
May 04, 2021 09:55 AM AEST| By Team Kalkine MediaSummary The 90-year-old business mogul said in a TV interview that if he were to step down, Mr. Greg Abel would take over reins. Buffett, who has been the CEO of the company since 1965, had first discussed the succession plan in a letter to sha.....
Verizon To Sell Media Businesses Including Yahoo, AOL To Apollo For US$5B
May 04, 2021 06:12 AM AEST| By Team Kalkine MediaVerizon Communications Inc. (NYSE: VZ) said May 3 it agreed to sell the company’s media business including Yahoo and AOL to private equity firm Apollo Global Management, Inc. (NYSE: APO) for US$5 billion. The New York-based telecommunication.....
Ardern Announces Two-Way Travel Bubble Between New Zealand, Cook Islands
May 04, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Two-way travel bubble to commence between New Zealand and the Cook Islands from 17 May 2021. The Cook Islands has remained COVID-19-free during the entire coronavirus pandemic. In case of any detection of virus, Kiwis would be repatria.....
Pressure to waive off vaccine IP rights increases as COVID-19 cases continue to rise
May 03, 2021 04:29 PM AEST| By Team Kalkine MediaSummary With the surmounting COVID-19 cases, the developing countries are demanding patent exemptions on items, including vaccines, diagnostic kits, and ventilators, to fight the COVID-19 pandemic. The patent waiver will help emerging nations m.....
Hot EV Stocks: How have they fared in the past year?
May 03, 2021 03:04 PM AEST| By Team Kalkine MediaSummary Electric Vehicle (EV) is the booming sector and offers a huge opportunity for the investors. The shift towards sustainable development is pushing the EV sector. The companies across the globe EV and allied sectors have grown tremendous.....
COVID-19’s deadliest week kills over 93K globally, India remains worst-hit
May 03, 2021 03:02 PM AEST| By Furquan MoharkanThe COVID-19 pandemic has claimed 93,537 lives in last seven days – in what has been the deadliest week since the onset of the pandemic. The weekly fatalities grew by paltry 5%, as COVID-19 took away nine lives every minute across the world .....
NZ PM Hints At Disagreements With China At The China Business Summit
May 03, 2021 02:05 PM AEST| By Team Kalkine MediaSummary Jacinda Ardern at the China Business Summit highlighted the strong trading relationships of China with New Zealand despite disagreement on few issues. NZ maintains an independent foreign policy and works on national interest. Both Arde.....
Do you know which premium pet NZ food company has KKR bought?
May 03, 2021 02:03 PM AEST| By SonalSummary Investment firm, KKR has bought a NZ-based pet food firm, Natural Pet Food Group, which will use funds for its growth in NZ and worldwide. KKR’s funding indicates the subsequent phase of development for the Natural Pet Food Group......
Renewable Energy: Which Source Can Be Harnessed the Most?
May 03, 2021 01:17 PM AEST| By RomaIn the world renewable energy scenario, there are several countries pitching in to strike a balance. It was recently announced that Vietnam could be the leading country in the South-east Asian league of renewable energy development. The transition .....
Warren Buffett roots for retained earnings, rues Apple share sale
May 03, 2021 12:58 PM AEST| By Furquan MoharkanAce investor and billionaire Warren Buffett has batted for the importance of retained earnings at a time when more and more investors are pitching for increased capital allocation towards the shareholders. The investment maestro highlighted the ab.....
Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via PayPal
May 03, 2021 11:38 AM AEST| By Team Kalkine MediaSummary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$25,000 a day with PayPal account. The facility is currently available for US customers only. .....
Crucial events that can sway global markets this week
May 03, 2021 11:06 AM AEST| By Furquan MoharkanThe rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are holding the rally. Last week as well, the global equity markets were flat, primarily because of t.....
Is China a major threat to US national security?
May 02, 2021 07:44 PM AEST| By Team Kalkine MediaSummary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. Strained relations between the 2 countries could lead to cold war. Russia, Iran, extremist gro.....
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3 Key Things That Will Shape Markets in the Coming Week
May 02, 2021 05:38 PM AEST| By SonalUS stocks dropped on Friday but reported gains for April after expectations of strong earnings report. The week of April 30 came to a close with figures showing a 21.1% increase in personal income in March, fuelled by fiscal stimulus reviews, a...
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Global COVID-19 cases cross 152 million, India amongst top contributor
May 02, 2021 03:39 PM AEST| By SonalSince the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing due to mutations. Over 150 million COVID-19 cases have been recorded to date with the death toll cro.....
Global dealmaking is booming; and Wall Street is cashing on it
May 02, 2021 12:23 AM AEST| By Furquan MoharkanThe global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. European and Asian Banks, like Deutsche Bank and Nomura Holdings, have reported a surge in excess of .....
Guess Why Tesla Stock (NASDAQ-TSLA) Is Trending Today?
May 01, 2021 08:11 AM AEST| By Team Kalkine MediaWhile the reasons may vary, one close guess could be the news of its ‘super’ charging station near the Everest base camp. The EV maker has set up a charging station near Tibet, thousands of kilometers away from the capital Beijing, as i.....
