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FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut
January 18, 2021 09:56 PM EST| 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 03:58 AM EST| 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 17, 2021 11:35 PM EST| 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 17, 2021 08:43 PM EST| 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 16, 2021 08:55 AM EST| 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 16, 2021 08:48 AM EST| 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 16, 2021 08:29 AM EST| 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 15, 2021 12:09 PM EST| 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 15, 2021 11:58 AM EST| 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.....
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 14, 2021 11:50 PM EST| 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 14, 2021 11:41 PM EST| 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 14, 2021 10:24 PM EST| 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 14, 2021 09:36 PM EST| 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 03:55 AM EST| 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 03:50 AM EST| 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 .....
Can COVID-19 be completely eliminated after mass vaccination?
January 14, 2021 12:25 AM EST| By Edita Ivancevict all restrictions in place, as the younger generations are at a much lesser risk. Coronavirus vaccine rollout has started in several nations across the world. However, they are still limited to only a fraction of the population, which is consid...
Trump becomes first US president to get impeached twice, Senate yet to vote
January 13, 2021 07:39 PM EST| By Edita IvancevicDonald J Trump became the first president in the history of the United States to get impeached twice during his mandate, after a majority of Senators from Democratic and Republican parties found him responsible for inciting riots at Capitol Hill in.....
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 04:49 AM EST| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Is Twitter right in its attempt to censor Donald Trump?
January 13, 2021 02:40 AM EST| By Edita Ivancevicban Mr Trump from accessing the network has a legal ground in the First Amendment. Understanding freedom of speech and political correctness has been on high demand since social media platforms became an equivalent to ancient forums of speeches...
‘No political games’: Pence won’t invoke 25th amendment to oust Trump
January 13, 2021 12:27 AM EST| By Edita Ivancevicice. Ms Pelosi is expected to proceed with Mr Trump’s impeachment. Vice President Mike Pence has said that he will not use his right to invoke the 25th amendment and pronounce Donald Trump ‘unfit for office’. Mr Pence informe...
