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World news
Oil Stamps Domination: Atleast That’s What Benchmarks Tell
April 06, 2021 05:59 AM EDT| By Furquan MoharkanShare Index while green index rejig has impacted New Zealand stock market The stock markets have been on steroids after the central banks across the globe started pumping in the liquidity in their respective economies. As monies started flowing....
With scrips rising 10x, GameStop aims US$1 billion equity mop-up
April 06, 2021 12:04 AM EDT| By Team Kalkine MediaSource: Julio Ricco, Shutterstock American videogaming company GameStop Corp (NYSE: GME) is looking to raise US$ 1 billion, as it tries to capitalise on the massive rally its stock has seen this year. © Marangifoto | Megapixl.com The capita...
Solar giant LONGi Green set to foray into hydrogen space
April 05, 2021 10:38 PM EDT| By Team Kalkine MediaSource: Gyuszko-Photo, Shutterstock Summary The world’s largest solar company is all set to enter the hydrogen market. The adherence to the Parris Agreement on climate change has made the renewable energy sector highly lucrative, and mos...
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What’s new in the EV segment? A sneak peek at latest updates
April 04, 2021 10:01 AM EDT| By Team Kalkine MediaSource: Travelpixs, Shutterstock Summary With the booming EV sector, several new players are entering the space. Governments are investing in EV infrastructure to sustain growth. Semiconductor shortage is an area of concern not just for the E...
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Preparing for future: Global Leaders back treaty to fight potential pandemics
April 02, 2021 12:51 PM EDT| By Team Kalkine MediaSource: Nhemz, Shutterstock Summary Several nations have come together to support a global treaty to protect them from future health emergencies as they continue to grapple with the ongoing pandemic. The proposed treaty will guarantee universal...
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Pfizer-BioNTech’s COVID-19 vaccine shows 100% efficacy in young adolescents
March 31, 2021 11:11 PM EDT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary Pfizer-BioNTech’s COVID-19 vaccine has proved to be 100% effective in young adolescents (12-15 years) in Phase 3 clinical study. The two partners plan to submit these data to the US FDA and t...
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How The Collapse Of Hedge Fund Archegos Capital Led To Global Banks Losing $6bn
March 31, 2021 06:04 AM EDT| By AbhijeetSource: wutzkohphoto, Shutterstock Summary The Archegos Capital’s collapse may lead to massive loss for global banks such as Goldman Sachs, Credit Suisse,Morgan Stanley, Deutsche Bank and The liquidation of the fund led to a distres...
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US Markets Edge Lower, Weighed Down By Tech, Healthcare Stocks
March 30, 2021 06:46 PM EDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary IMF to raise the global economy forecasts for 2021 and 2022 next week. The Federal Trade Commission has filed a lawsuit to block Illumina’s proposed US$7.1 billion acqu...
A look at the latest updates on COVID-19 vaccines across the globe
March 30, 2021 04:14 AM EDT| By Team Kalkine MediaSource: New Africa, Shutterstock Summary Pfizer-BioNTech and Moderna’s COVID-19 shot reduced the risk of infection by 80% after the first of two doses. Moderna transported almost 100 million doses of its COVID-19 vaccine to the US govern...
Experts believe vaccinating children is key to achieving herd immunity
March 29, 2021 03:34 AM EDT| By Team Kalkine MediaSource: siam.pukkato, Shutterstock Summary With the world getting millions of COVID-19 vaccines daily, experts believe that herd immunity can only be achieved if children start getting vaccinated. Vaccine developers are conducting pediatric cl...
Element of surprise hits the Wall Street, Wipes out US$35bn in market value
March 28, 2021 04:00 AM EDT| By Team Kalkine Mediay stocks on Wall Street witnessed high volatility during the trading session. The relentless spree of block trade worth US$10.5 billion was executed during the trading session on 26 March 2021. The sudden selloff struck Wall street on Friday and...
Suez Canal congestion may clear early new week – Boskalis
March 28, 2021 03:54 AM EDT| 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 03:50 AM EDT| 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...
US Stocks End the Week on Positive Note
March 26, 2021 03:21 AM EDT| 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 02:45 AM EDT| 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 02:36 AM EDT| 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...
Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 26, 2021 01:57 AM EDT| 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 25, 2021 09:02 PM EDT| 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 25, 2021 06:27 PM EDT| 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 04:23 AM EDT| 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...
