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World news
E-commerce boom: Brazil the next major country to reap the benefits
November 13, 2020 12:17 PM EST| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....
Ford Unveils New All-Electric Commercial Transit Van
November 13, 2020 12:33 AM EST| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....
Sony launches PlayStation 5 amid COVID-19 gaming boom
November 12, 2020 03:58 AM EST| By Kunal SawhneyOn 12 November, Sony Corp (TYP:6758) PlayStation 5 console went on sale following the launch of newest Xbox by the rival Microsoft competing for the holiday season ahead. Market leader Sony depends on big-ticket exclusive games such as Spider-Man: .....
COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off
November 12, 2020 02:13 AM EST| By Kunal SawhneyThe US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate, BNT162b2 is 90% effective in preventing.....
How will Biden victory affect health insurance in the US?
November 12, 2020 01:06 AM EST| By Edita IvancevicAfter the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with a smile on their face. Fireworks, beeping cards, and singing pop classics could be both seen and .....
Is Hydrogen the fuel of the future?
November 10, 2020 11:59 PM EST| By Edita IvancevicIn a world where the need for sustainable energy is growing by the day, engineers are facing a crucial task of finding new resources. After NASA started using hydrogen fuel for their spaceships, hydrogen as an element leapt to the limelight. It is.....
Petco plans to go public, files IPO with the US Securities and Exchange Commission
November 10, 2020 10:19 PM EST| By Hina ChowdharyPetco Animal Supplies Inc has announced its intentions to go public in the US after having submitted a registration form S-1 to the US Securities and Exchange Commission (SEC) for the review. However, the IPO is still in its initial stages, and the.....
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Brazil Halts Clinical Trials of Sinovac’s COVID-19 Vaccine, CoronaVac
November 10, 2020 01:26 AM EST| By Team Kalkine MediaAnvisa, the Brazilian health regulator, has paused the Chinese pharmaceutical company Sinovac Biotech Ltd’s (NASDAQ:SVA) COVID-19 final-stage clinical trial. The trials were put on a halt due to the detection of a severe adverse event. .....
GE Healthcare in partnership with GenesisCare to deliver improved Cancer and Cardiovascular treatments
November 09, 2020 11:33 PM EST| By Hina ChowdharyGE Healthcare is the healthcare division of the American multinational conglomerate, General Electric (NYSE: GE). The division alone is valued at US$16.7 billion and provides medical technology and related digital solutions on a global scale. .....
Pfizer, BioNTech’s share prices jump on upbeat COVID-19 vaccine news
November 09, 2020 09:13 PM EST| By Team Kalkine MediaOn 9 November 2020, Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced that their vaccine candidate, BNT162b2 was found to be over 90% effective for the prevention of COVID-19 in Phase 3 participants with no evidence of an earlier SARS-C.....
AstraZeneca (AZN) and Regeneron (REGN) beat COVID-19 blues, report strong Q3 results
November 09, 2020 08:24 PM EST| By Team Kalkine MediaDuring the current reporting season, several companies have reported losses due to the impact of the ongoing pandemic. However, in the healthcare sector, some companies have witnessed moderate to high growth in revenues. This is because there have .....
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 07, 2020 08:14 AM EST| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....
Why did the streaming video service Quibi fall?
November 07, 2020 08:10 AM EST| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....
5 emerging Tech trends to rock the world after coronavirus
November 06, 2020 11:59 AM EST| By Kunal SawhneyThe value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19. With work from home becoming the new normal, technology is playing a significant role in supportin.....
Massive growth on the cards for Medical Equipment Repair Market
November 06, 2020 12:29 AM EST| By Team Kalkine MediaThe medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to boom further in the future. The main factors driving the medical equipment repair market are incre.....
Japan Post agrees to sell Toll Global Express business
November 05, 2020 10:13 PM EST| By Team Kalkine MediaJapan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics subsidiary Toll Holdings Ltd. By selling this business, Japan Post aims to concentrate on making Toll.....
US observed a surge in coronavirus cases after Election day
November 05, 2020 08:19 PM EST| By Team Kalkine MediaUS has set a 1-day record for new coronavirus cases on 4 November. The average daily confirmed cases jumped to an all-time high in the US as the country lingers on a knife-edge for a President. As per John Hopkins University, daily fresh coronavir.....
ASX market rises, following Wall Street’s rally before the US elections result
November 04, 2020 10:27 PM EST| By Kunal SawhneyFinally, the world is closer than ever to witness, probably the most important event for the world nowadays, i.e. outcome of the 59th quadrennial US presidential elections. With the current count of 264 electoral votes in favour of Joe Biden, the m.....
AU & US Earnings beat expectations but future still looks gloomy
November 04, 2020 02:00 PM EST| By Team Kalkine MediaThe coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in the earnings, the recovery has been quite fast across sectors. Looking at the third quarter perfor.....
Ant Group’s Race to world’s biggest IPO Abruptly Derailed, Regulator Raises Red Flag
November 04, 2020 03:01 AM EST| By Team Kalkine MediaWhat was supposed to be the world’s biggest Initial Public Offering (IPO) by financial technology company Ant Group, came to an abrupt halt in Shanghai and Hong Kong when Chinese regulators waved a red flag, derailing a record USD 34.5 billio.....
