World news
Story of Elon Musk: A Dreamer's Journey to Becoming The World's Richest
January 08, 2021 01:25 AM EST| By Kunal Sawhney2020 was a blockbuster year for EV maker Tesla and its boss Elon Musk despite the COVID-19 blues. Continuing his winning streak, the outspoken maverick has entered the new year 2021 with a bang, becoming the world's richest person. Elon Musk overt.....
Why Simon and Schuster won’t publish Senator Josh Hawley’s book
January 07, 2021 11:43 PM EST| By Edita IvancevicFamous American publisher Simon and Schuster has decided against publishing Senator Josh Hawley’s latest book, as the Senator was one of the members who sought to overturn the President-elect Joe Biden’s victory. Hawley, a Republican S.....
Boeing Enters DPA in 737 MAX Probe, Agrees to Pay $2.5Bn
January 07, 2021 10:29 PM EST| By Kunal SawhneyThe United States Justice Department and the world's largest aerospace company Boeing have reached an agreement concerning a 737 MAX probe. The American conglomerate has agreed to pay USD 2.5 billion to settle a criminal charge of defrauding safety...
Calls grow for removal of Trump via 25th amendment or impeachment
January 07, 2021 09:31 PM EST| By Team Kalkine MediaThe tumultuous pictures coming from the US Capitol have forced the authorities and lawmakers of the US to ponder upon the impeachment of President Donald Trump prior to Joe Biden taking over as the next president. Violent and raucous scenes pla...
Shopify bans Trump-affiliated stores after Capital turmoil
January 07, 2021 08:58 PM EST| By Edita IvancevicThe e-commerce giant Shopify has decided to remove US President Donald Trump’s stores from its platform. The Canadian company pulled out all merchandise related to the sitting president as a response to recent riots in the US capital Washing.....
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 07, 2021 11:21 AM EST| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
US Congress Upholds Joe Biden’s 2020 Presidential Win, Trump Accepts Defeat
January 07, 2021 07:32 AM EST| By Hina ChowdharyThe US Congress has formally certified President-elect Joe Biden’s victory in the 2020 presidential election in the early morning hours of Thursday, January 7. In the joint session held by the House and Senate, congressional leaders confirmed.....
US Capitol Riots: Facebook and Twitter block Trump’s Accounts
January 07, 2021 04:24 AM EST| By Team Kalkine MediaIt was a Black Wednesday for the United States. The US Capitol was under siege when an armed and angry mob stormed one of the most iconic buildings and attacked the police when the Congress was about to validate Joe Biden’s presidential win. .....
Willis Towers Watson names Lee Garvey as Financial Solutions head for ANZ
January 07, 2021 01:53 AM EST| By Team Kalkine MediaWillis Towers Watson, an international advisory, broking, and solutions firm, has roped in Lee Garvey as the head of financial solutions for ANZ. Lee Garvey has re-joined the Company after leaving in 2012. In between, he worked with a global insur.....
Democrats win Senate majority, woman shot dead during White House chaos
January 06, 2021 11:35 PM EST| By Edita Ivancevicockdown, as Trump supporters started protesting against the president-elect Biden. The state of Georgia concluded an ongoing political run-off between Democrats and Republicans after Democrat Jon Ossoff secured the party’s majority in the...
Pro-Trump Protesters Attack US Capitol Hill, One Dead
January 06, 2021 10:25 PM EST| By Team Kalkine MediaShocking after-effects of the US presidential election seem far from coming to an end. Amid the prolonged tense situation where the incumbent President Trump has been refusing to accept the election results, the course of events took an ugly turn o.....
NYSE now confirms delisting of three Chinese telcos
January 06, 2021 08:32 PM EST| By Kunal SawhneyFor the second time in less than a week, the New York Stock Exchange (NYSE) has said it would delist the NYSE-listed shares of three Chinese telecommunications companies. Source: Pixabay The exchange had reversed its original decision aft.....
China denies entry to the WHO team probing COVID-19 origin
January 06, 2021 04:51 AM EST| By Kunal SawhneyA team from the World Health Organization (WHO), scheduled to investigate the origins of COVID-19 in Wuhan, has been refused entry by China. Of the two associates of the investigation team who had already set out on their visit, one member has now .....
Bitcoin Hits Another Milestone, Crosses US$35,000-Mark
January 06, 2021 07:06 PM AEDT| By Team Kalkine MediaBitcoin has yet again set a new price record, breaching the US$ 35,000-mark on January 6, 2021. After crossing US$ 34,000 on January 3, the crypto giant tumbled approximately 17 per cent on January 4, displaying volatility. It was highest single day...
Jack Ma: The face of China?
January 06, 2021 12:12 AM EST| By Kunal SawhneyWith the recent news coming on Mr Jack Ma's disappearance, the entire world is glued to the internet to know the e-commerce billionaire's whereabouts. Before Jack Ma went out of the public eye, he took a few crucial steps, such as stepping back fro.....
Asian stocks slip as political uncertainty grips markets
January 05, 2021 11:50 PM EST| By Team Kalkine MediaWith uncertainty looming large over the outcome of Georgia Senate runoff elections, Asian stocks were trading largely in red at the time of writing. The crucial runoffs which would determine the Senate’s future, are too close to call, as per.....
China goes dark thanks to Coal Shortage Unfolds
January 05, 2021 09:49 PM EST| By Kunal SawhneySeveral cities across China are facing power outages as authorities limit usage in the wake of coal shortage. Image Source: Shutterstock The trade dispute between China and Australia is now showing some consequences with coal prices shooting high...
Why Did UK PM Boris Johnson Cancel His Trip To India?
January 05, 2021 08:26 PM EST| By Team Kalkine MediaNew Year 2021 is full of hope with COVID-19 vaccine developments getting around, but it has not started on a good note, especially for the UK. In a televised address, UK Prime Minister Boris Johnson has instructed approximately 56 million people .....
Why the High-Profile Healthcare JV Haven is Falling Apart
January 05, 2021 08:19 PM EST| By Kunal SawhneyIn what is being deemed as a major setback for the health sector, the high-profile joint venture between Amazon, JPMorgan and Berkshire Hathaway has come to an end without achieving its objectives. The joint venture fiasco is reportedly being attri.....
NYSE reverses its plan to delist three Chinese telcos
January 05, 2021 06:56 PM EST| By Team Kalkine MediaThe New York Stock Exchange has reported that it will not delist into the three leading Chinese telecommunication companies. The stock exchange the previously had decided to not move with reported delisting plan as it consulted with relevant regul.....