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New Zealand’s Sauvignon Blanc Wine Has Upped The Game A Few Notches
May 03, 2021 08:36 PM PDT| By RomaSummary Sauvignon Blanc has witnessed a global surge. Wine has performed well through a tumultuous last year. Have a look at what are the best blends this season. Amongst the many sectors that fared well in the past year, wine has done ex.....
It’s splitsville for the Gates: Bill, Melinda end 27-year marriage
May 03, 2021 08:30 PM PDT| 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 03, 2021 08:06 PM PDT| 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 03, 2021 06:43 PM PDT| 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-.....
Three Upcoming IPOs To Watch on NASDAQ This Month
May 03, 2021 06:02 PM PDT| By Team Kalkine MediaSummary Consumer products retailer Honest Company will receive up to US$110million in the IPO. Hydroponic equipment retailer iPower will become public on NASDAQ under the symbol “IPW.” Five Star Bancorp priced its IPO in the...
Warren Buffett Names Greg Abel As His Successor at Berkshire Hathaway
May 03, 2021 04:55 PM PDT| 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.....
S&P 500, Dow Jones Close Higher; NASDAQ Ends Lower
May 03, 2021 03:27 PM PDT| By Team Kalkine MediaMajor U.S. stock market benchmark indexes S&P 500 and Dow Jones Industrial Average closed higher on Monday, while NASDAQ Composite Index ended lower. Stocks in the basic material, energy and healthcare sectors performed well on S&P 500 and Do...
Verizon To Sell Media Businesses Including Yahoo, AOL To Apollo For US$5B
May 03, 2021 01:12 PM PDT| 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 03, 2021 01:00 PM PDT| 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.....
Ethereum Crosses $3K-Mark To Hit All-Time High. What Next?
May 03, 2021 07:06 PM AEST| By Team Kalkine MediaEthereum (Ether), the second largest crypto by market cap, surpassed the US$ 3,000-mark for the first time ever on Sunday, May 2. The blockchain giant hit multiple record highs last week as the European Investment Bank (EIB) issued its digital bonds...
Australian, Kiwi Dollar Firm Ahead of Series of Global Events
May 03, 2021 01:47 AM PDT| By ManikaThe Australian dollar remained firm on Monday despite all indications from the Federal Bank of Australia (FBA) that it was going to keep the interest rates unchanged. The NZ dollar also remained strong. The AUD remained strong at $0.7713, holding on...
Pressure to waive off vaccine IP rights increases as COVID-19 cases continue to rise
May 02, 2021 11:29 PM PDT| 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.....
Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise
May 03, 2021 04:16 PM AEST| By Team Kalkine MediaSummary Expressing his dislike for Bitcoin, Berkshire Hathaway’s Vice Chairman Charlie Munger on Saturday said: “Of course I hate the bitcoin success.” The 97-year-old Munger was speaking at a Q&A session at the Berkshire&.....
Hot EV Stocks: How have they fared in the past year?
May 02, 2021 10:04 PM PDT| 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.....
A New Copyright Lawsuit May Unveil Bitcoin’s True Founder
May 03, 2021 02:19 PM AEST| By Team Kalkine MediaSummary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency Bitcoin. Wright’s claims are disputed by many, with Bitcoin.org declaring that his allegati.....
NZ PM Hints At Disagreements With China At The China Business Summit
May 02, 2021 09:05 PM PDT| 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 02, 2021 09:03 PM PDT| 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 02, 2021 08:17 PM PDT| 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 02, 2021 07:58 PM PDT| 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.....
MYOB Business Monitor: NZ SMEs still wary about economic recovery in 2021
May 02, 2021 07:00 PM PDT| By SonalThe annual MYOB small and medium enterprise survey shows that SME sector of New Zealand remains wary about the possibility of further economic recovery in 2021. The survey showed that nearly half (41%) of SMEs believed New Zealand’s economy wo...
