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World news
How Australia is planning to cash in on Blockchain technology?
November 11, 2020 05:30 PM AEDT| By Kunal SawhneyThe Australian government, in its December 2018 Tech Future report, highlighted that Artificial Intelligence, Blockchain, Internet of Things (IoT) and Quantum Computing would bring opportunities for people, businesses and the broader economy......
Is Hydrogen the fuel of the future?
November 11, 2020 03:59 PM AEDT| 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 11, 2020 02:19 PM AEDT| 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 05:26 PM AEDT| 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 10, 2020 03:33 PM AEDT| 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 10, 2020 01:13 PM AEDT| 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 10, 2020 12:24 PM AEDT| 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 .....
Uber's food delivery business ahead in the race; Ride services taking U-turn in revenues
November 08, 2020 08:05 AM AEDT| By Kunal SawhneyGlobal e-hail company Uber Technologies Inc released a statement on Thursday stating that the demand for its food-delivery service Uber Eats rose exponentially in the latest quarter ending on 30 September 2020. However, it's signature global rides .....
European countries are re-imposing lockdowns amid the second wave of Coronavirus
November 08, 2020 08:00 AM AEDT| By Team Kalkine MediaThe Coronavirus has infected more than 48 million people on the planet in a span of mere nine months. The outbreak has been witnessed across the globe with some nations getting affected way more than others. Some of the worst-hit nations inc.....
Top 5 Economies Investing in Australia: What are the sectors under focus?
November 08, 2020 12:20 AM AEDT| By Kunal SawhneyForeign investment is essential to any country's economic prosperity. Even in Australia, the investment has helped build the country's economy. The investment provides a platform to improve the wellbeing of its citizens' financial growth as well. .....
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 08, 2020 12:14 AM AEDT| 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.....
Climate Change to impact Australian economy: time to bring in robust changes
November 08, 2020 12:12 AM AEDT| By Kunal SawhneyClimate crisis for Australia is not new. Each year the climate topic pops up, and conversations continue with less significant actions to deal with it. Recently in a groundbreaking case, a 25-year-old won a trial against Australian superannu.....
Why did the streaming video service Quibi fall?
November 08, 2020 12:10 AM AEDT| 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 07, 2020 03:59 AM AEDT| 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 04:29 PM AEDT| 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 06, 2020 02:13 PM AEDT| 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 06, 2020 12:19 PM AEDT| 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 05, 2020 02:27 PM AEDT| 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 05, 2020 06:00 AM AEDT| 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 07:01 PM AEDT| 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.....
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