World news

Trump a no-show as Biden swears in as US president
January 21, 2021 11:53 AM AEDT| By Kunal SawhneyDemocrat Joe Biden was sworn in as the 46th President of the United States on Wednesday, taking over reins from outgoing President Donald Trump. Biden, 78, is the oldest president in US history. Earlier, Biden had served as Vice President under for.....

GM & Cruise Partner with Microsoft for Self-Driving Vehicles
January 21, 2021 06:48 AM AEDT| By Team Kalkine MediaGeneral Motors is once again hitting the headlines after it announced a partnership with Microsoft. In a public announcement Tuesday, GMC and Cruise LLC has inked a long-term strategic relationship with Microsoft in order to give a push to the commer...

Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months
January 21, 2021 01:43 AM AEDT| By Team Kalkine MediaChinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online.....

WHO Chief cautions over inequality amid global COVID-19 vaccine rollout
January 19, 2021 02:43 PM AEDT| By Team Kalkine MediaThe head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has blasted the unequal worldwide distribution of COVID-19 vaccine. He stated that it was "not right" that young adults in rich nations were vaccinated ahead of healthcare.....

FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut
January 19, 2021 01:56 PM AEDT| By Team Kalkine MediaFiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world. The USD 52 billion deal was finalised after a discussion for over a year. Source © Kalkin.....
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Trump admin greenlights Land Swap for Resolution Copper Project
January 18, 2021 07:58 PM AEDT| By Kunal SawhneyTrump administration is on a mining approval spree and the latest to reap benefit is the Resolution Copper project in the state of Arizona. The outgoing Trump regime has approved a land swap for a copper mine, which is anticipated to boost the domest...

Trump administration halts supplies to Huawei, says Reuters
January 18, 2021 03:35 PM AEDT| By Team Kalkine MediaThe Trump administration has informed Huawei suppliers and Intel that is cancelling some permits to sell to the Chinese firm. It further aims to reject several other applications to supply the telecommunication company. The step taken by the Trump.....

Growing Safety Concerns around Pfizer-BioNTech’s Vaccine; here’s what you need to know
January 18, 2021 12:43 PM AEDT| By Team Kalkine MediaThe COVID-19 vaccine, jointly developed by Pfizer Inc (NYSE:PFE) and BioNTech SE’s (Nasdaq:BNTX), has come under the spotlight with doubts being raised concerning the vaccine’s safety profile. The mRNA-based vaccine candidate, BNT162b2.....

Will the World be Able to Put The Kibosh on COVID-19 in 2021?
January 17, 2021 12:55 AM AEDT| By Kunal SawhneyAt the end of 2019, a devastating monster virus sneaked into our lives. First, it gripped the emerging global superpower China, and before any country could sense the danger, the virus had spread across the world. Extensive .....

Why are non-auto majors hopping onto autonomous car bandwagon?
January 17, 2021 12:48 AM AEDT| By Team Kalkine MediaYou order a ride from Uber, and within a few minutes, a car arrives to pick you up. Once you hop in, you are surprised to see there is no one at the driver’s seat. Yes, welcome to the world of autonomous or self-driving cars. Many believe th.....

The Who’s Who of Joe Biden’s US Cabinet
January 17, 2021 12:29 AM AEDT| By Team Kalkine MediaUnited States President-elect Joe Biden is set to take over the White House next week and his nominated list cabinet members are at the ready. With Democrats having a majority in the Senate, Biden is likely to get the people he has nomin...

25th Amendment Explained: What is it and How does it work?
January 16, 2021 04:09 AM AEDT| By Team Kalkine MediaMany unpleasant events have unfolded since the most talked-about 2020 US presidential election outcomes. But the recent mayhem at the Capitol Hill in Washington stunned the world. The march of Trump's supporters into the Capitol Hi.....

The rise of Robinhood in 2020 amid controversies
January 16, 2021 03:58 AM AEDT| By Team Kalkine MediaThe year 2020 had been volatile for the stock market. The share market was gripped by fear and massive uncertainty throughout the year, adding to the market volatility. New or first-time traders saw a lot of opportunities in such a market c.....

Are antibiotic-resistant superbugs more fatal than COVID-19?
January 15, 2021 04:04 PM AEDT| By Edita Ivancevicure, as some patients showed miraculous recovery after just a few weeks of trials. Ever since coronavirus affected the first human being and caused the first fatal case, scientists have put their entire focus on combatting the novel virus. Howe...

Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 15, 2021 03:50 PM AEDT| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....

Xiaomi shares slip after the US investment ban
January 15, 2021 03:41 PM AEDT| By Team Kalkine MediaCranking up pressure on Beijing, the United States’ Department of Defence has blacklisted nine Chinese companies, including Xiaomi Corporation. The US investors would be barred from investing in the alleged “Communist Chinese military c.....

What’s Inside Joe Biden’s US$1.9 Trillion Coronavirus Rescue Package?
January 15, 2021 02:24 PM AEDT| By Kunal SawhneyA long-raging presidential battle packed with a series of overturning events appears to be finally over, and Joe Biden is expected to take oath as the US President in a public ceremony on 20 January 2021. However, before assuming his office, Joe Bi.....

The spotlight on Affirm and its bearing on the Market
January 15, 2021 01:36 PM AEDT| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
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Tesla (NASDAQ: TSLA) Asked to Recall 158,000 Vehicles Over Safety Issues
January 14, 2021 07:55 PM AEDT| By Team Kalkine MediaUS regulator National Highway Traffic Safety Administration has asked EV carmaker Tesla to recall 158,000 vehicles due to safety concerns in the display module that can cause critical failures. It is important to note that electric mobility is sti.....

Snapchat slaps permanent ban on Trump over Capitol Hill riots
January 14, 2021 07:50 PM AEDT| By Team Kalkine MediaThe recent incident in Capitol Hill has gone quite against the US President Donald Trump, with the outgoing president facing heaps of backlash from congress, judiciary as well as from many tech companies. The vandalism staged by Trump supports at .....

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