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World news
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Chinese Factory Output Growth Outshines many Asian Countries
December 07, 2020 02:52 PM AEDT| By Team Kalkine MediaWith coronavirus mostly under control in China, buyers are ready to spend again in a bid to lift activity further. As per the National Bureau of Statistics data, industrial output of China soared 6.9% in October compared to a year ago in sync with.....
Pfizer’s shares plunge after reports of cutting COVID-19 vaccine supply to half
December 04, 2020 03:16 PM AEDT| By Hina ChowdharyPfizer shares closed the day below 0.22% on Thursday after the news of supply chain challenges. According to several media reports, supply chain challenges forced Pfizer to cut its estimates by half for roll out of the COVID-19 vaccine. The compan.....
What is Oregon’s magic mushrooms program? How will it benefit people?
December 04, 2020 02:46 PM AEDT| By Edita Ivancevics for Measure 109, the whole program should be finalised in a two-year time frame. Exactly a month ago, Oregon became the first state in the US to legalise the usage of psychedelic mushrooms for psychiatric purposes. Psilocybin, a ‘magic&...
Zespri collaborates with Crown Research to create new types of kiwifruit
December 03, 2020 02:25 PM AEDT| By Team Kalkine MediaNZ based Zespri International is a world leader in kiwifruit sales. The Company is in plans to create a Kiwifruit Breeding Centre in collaboration with Crown research institute Plant & Food Research (PFR). Image Source: Shutterstock As per .....
Big tech firms making an exit: Is Silicon Valley losing its sheen?
December 03, 2020 01:44 PM AEDT| By Hina ChowdharySilicon Valley, home to many of the world's largest tech companies, seems to be losing its charm among the corporates and tech workers. Recently, a trend has come to light where companies and employees have been observed to be relocating to other p.....
Tesla's EV strategy to churn out quality automobile amid global competition
December 03, 2020 01:07 PM AEDT| By Hina ChowdharyThe year 2020 will be known for the EV revolution apart from being known as an unmatched year due to COVID-19. Tesla stock has risen by about 600% since December last year, rising way ahead from estimates of various analysts and price targets. The.....
This is how Travis Scott is making his millions
December 02, 2020 07:24 PM AEDT| By Edita IvancevicMost people would probably know Travis Scott as a hugely successful rapper, songwriter, record label owner, and last but not the least, Kylie Jenner's ex-partner. With his many talents, Mr Scott proves himself to be good at what he is doing, as he.....
UK First Nation To Approve Pfizer-BioNTech COVID-19 Vaccine, Roll Out ‘Next Week'
December 02, 2020 06:53 PM AEDT| By Team Kalkine MediaIn a major development, the United Kingdom on Wednesday became the first nation to approve the Pfizer-BioNTech vaccination for public use. The COVID-19 mRNA vaccine candidate will be rolled out from next week, informed UK health secretary Matt Hancoc...
NZ dairy farmers can rejoice as dairy auction prices jump by 4.3 per cent
December 02, 2020 03:37 PM AEDT| By Team Kalkine MediaAs per the latest Global Dairy Trade data, change in GDT price index from the previous event was up by 4.3%. The total number of bidders that participated in the trading event was 178, and the total sold quantity stood at 32,062. Image source: S.....
Lower South Island bearing the brunt of pandemic with rising unemployment
December 02, 2020 02:44 PM AEDT| By Team Kalkine MediaThe effects of the pandemic induced tightening have been felt severely by the lower South Island as unemployment rose in the region. The number of people availing JobSeeker benefits in the area has increased considerably. Queenstown Lakes, which i.....
2020’s Much-awaited Airbnb IPO Set to Launch In December!
December 02, 2020 01:09 PM AEDT| By Team Kalkine MediaThe famous home rental startup Airbnb Inc said on Tuesday that it intends to price its shares at USD 44 to USD 50 per share in its IPO, for a valuation of up to USD 34.8 billion in its initial public offering (IPO). The company is prepared to sell .....
Salesforce To Acquire Slack Technologies, Signs Definitive Agreement
December 02, 2020 12:20 PM AEDT| By Team Kalkine MediaOne of the most-awaited tech deals of the year is finally through. Salesforce.com (NYSE:CRM) has acquired communications platform Slack Technologies, Inc. (NYSE:WORK) for US$ 27.7 billion, making it the eighth-largest M&A deal in tech industry....
Unilever (LON:ULVR) to try out 4 days working per week in NZ
December 01, 2020 04:12 PM AEDT| By Team Kalkine MediaCompanies in New Zealand are increasingly coming forward with ‘four-day work a week’ policy and adding to the league is the London based, consumer goods company Unilever (LON:ULVR) which will be trying out four-day work in a week for all its em...
UK’s Fashion giant Arcadia goes into administration; 13,000 jobs at risk
December 01, 2020 03:18 PM AEDT| By Team Kalkine MediaArcadia Group, the owner of renowned fashion brands like Topshop, Burton and Dorothy Perkins, has become the latest victim to bite the dust in the wake of COVID-19 storm. The fashion giant has hired administrators from Deloitte to assess all avail.....
Moderna seeks US, EU approval for COVID-19 vaccine after it demonstrated 94.5% efficacy
December 01, 2020 12:30 PM AEDT| By Edita IvancevicPharmaceutical giant Moderna Inc. (NYSE:MRNA) intends to ask vaccine regulators in the US, Europe, and the UK for urgent approval of its coronavirus vaccine. According to the company, they performed late-stage study of human trials for the COVID-1.....
How has COVID-19 steered our mode of travel?
November 30, 2020 01:38 PM AEDT| By Team Kalkine MediaThe Covid-19 pandemic that took the world in its grip, undoubtedly made people adapt to living which perhaps no one would have heard of or dreamed of. However, by now, we all are familiar with the concept of social distancing, regular hand sanitisi.....
Will RCEP bring a thaw in Australia-China trade relations?
November 29, 2020 12:01 AM AEDT| By Kunal Sawhney&n.....
Trump comes closest to compromise; says will leave White House if Biden gets electors’ nod
November 27, 2020 05:29 PM AEDT| By Edita IvancevicCurrent US President Donald Trump said in a recent interview that he would peacefully leave the White House if president-elect Joe Biden gets voted for by the Electoral College. Mr Trump had not previously admitted anything related to his defeat i.....
Earthquake forces Bunnings to close Mt Roskill warehouse
November 27, 2020 03:23 PM AEDT| By Team Kalkine MediaNovember has seen full earthquakes in New Zealand as the country felt ten quakes over 5.0 magnitude and many small quakes of below 5.0 magnitude. On 27 November 2020, an earthquake with a magnitude of 4.9 was recorded during the early hours .....
NZ wine exports growth trajectory persists, touches NZD 2 billion mark
November 27, 2020 02:01 PM AEDT| By Team Kalkine MediaRecently, for the first time, New Zealand wine exports value has touched NZD 2 billion mark. New Zealand Winegrowers, ten years back when the export value was NZD 1.04 billion, had set out the goal to double the export value to achieve NZD 2 billio.....
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