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Suez Canal congestion may clear early new week – Boskalis
March 28, 2021 06:54 PM AEDT| By Team Kalkine Media© Artistashmita | Megapixl.com Summary Suez Canal is critical to the movement of goods across the eastern and western worlds and has been at the centre of world trade since its inauguration. Boskalis, the salvager firm, has been involved...
World’s Richest Man’s firm backs Pilot, the newest Unicorn
March 28, 2021 06:50 PM AEDT| By Team Kalkine MediaSource: TheCorgi, Shutterstock Summary Pilot has emerged as the newest unicorn after crossing the threshold valuation of US$1 bn. The world's richest man, Jeff Bezos' Bezos Expeditions, has invested over $100 million along with other partners...
Where does Australia stand in the global Nuclear power scenario?
March 28, 2021 12:44 AM AEDT| By Team Kalkine MediaSource: Evgeny_V, Shutterstock Summary Currently, over 440 nuclear power plants are operational globally. The US has rejoined the Paris climate change, and economies across the globe have been gearing up to transition to cleaner power sources......
US Stocks End the Week on Positive Note
March 26, 2021 06:21 PM AEDT| By Team Kalkine MediaSource: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...
EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots
March 26, 2021 05:45 PM AEDT| By Team Kalkine MediaSource: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...
Why Nike and H&M are facing backlash in China
March 26, 2021 05:36 PM AEDT| By Team Kalkine Media> Chinese celebrities are also disassociating themselves from these brands. In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...
How powerful is the “Greta Thunberg effect”?
March 26, 2021 05:14 PM AEDT| By SukritiSource: Liv Oeian, Shutterstock Summary Greta Thunberg has global spotlight since 2018 as the leader of a youth movement pushing governments and corporations to address the ongoing climate crisis. Her protests are viral on social media, propel...
Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 26, 2021 04:57 PM AEDT| By DaminiSource: canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...
Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific
March 26, 2021 12:02 PM AEDT| By Team Kalkine MediaSource: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans....
US Stocks End Higher Amid Jobs Data, Mixed Global Cues
March 26, 2021 09:27 AM AEDT| By Team Kalkine MediaSource:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...
Are Upcoming EV fleets An Answer To Rising Carbon Emissions?
March 25, 2021 07:23 PM AEDT| By Team Kalkine MediaSource: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...
Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning
March 25, 2021 04:50 PM AEDT| By Team Kalkine MediaSource:rafapress, Shutterstock Summary Health Canada confirmed AstraZeneca’s COVID-19 vaccine safety and stated that it had not obtained any reports citing thrombosis so far. The health department to add a warning indication to the vacci...
US Stocks End Lower Despite Fightback
March 25, 2021 08:35 AM AEDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary S&P 500 ticked down 0.55%, Dow Jones fell 0.01%, and NASDAQ plunged 2.01%. Chinese ride-hailing firm Didi Chuxing aims for a US$100-billion valuation in IPO debut. Intel Corp. to spend US$20...
Quantum Brilliance to install the world’s first diamond-based quantum accelerator
March 24, 2021 03:41 PM AEDT| By Team Kalkine MediaSource: Andrey VP, Shutterstock Summary Australian startup Quantum Brilliance has developed the first diamond-based quantum accelerator that can work at room temperature. The quantum accelerator, when combined with supercomputers, would t...
Hyundai And Singtel Sign an MoU On Smart Mobility
March 24, 2021 01:56 PM AEDT| By Team Kalkine MediaSource: Mameraman,Shutterstock Summary Hyundai and Singtel Group have signed an MoU to collaborate on 5G-enabled smart manufacturing & connectivity for electric vehicle battery subscription service. The collaboration would merge Hyund...
US Stocks Slip After Fed Chairman’s Comments
March 24, 2021 08:41 AM AEDT| By Team Kalkine MediaSource:ramcreations, Shutterstock Summary S&P 500 ticked down 0.76%, Dow Jones shed 0.94%, NASDAQ plunged 1.12%. Amazon to sell stake worth US$148 million in food delivery start-up Deliveroo. SoftBank-backed US real estate firm Compass ai...
Apple Inc. hit with a US$308.5 Mn fine for DRM patent infringement
March 23, 2021 01:03 PM AEDT| By Team Kalkine MediaSource: nui7711, Shutterstock Summary Global tech giant Apple Inc. to pay Personalized Media Communications for the infringement of a patent related to DRM (digital rights management). The jurors asked Apple to pay a running royalty depen...
US Markets Edge Higher After Tech, Cyclical Stocks Rally
March 23, 2021 08:43 AM AEDT| By Team Kalkine MediaSource:violetkaipa, Shutterstock Summary S&P 500 gained 0.70%, Dow Jones rose 0.32% and NASDAQ surged 1.23%. Canadian Pacific seals deal to acquire US cargo rail company Kansas City for US$25 billion. The 10-year Treasury bond yields drop...
Auto industry back on track? Detroit 3 posts robust Q4 results
March 22, 2021 07:07 PM AEDT| By Team Kalkine MediaSource:Jenson, Shutterstock Summary The Detroit 3 automakers - Ford Motor, General Motors, and Fiat Chrysler Automobiles - posted robust earnings in their fourth quarter ended 31 December 2020. Ford’s adjusted EPS during the three months...
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Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan?
March 22, 2021 07:01 PM AEDT| By ManikaSource: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week that America is officially trapped below zero After making all the efforts to keep the businesses a...
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