World news

OPEC+ agrees to crank up oil production from January
December 09, 2020 07:59 PM AEDT| By Team Kalkine MediaIn a significant move, OPEC and non-OPEC allies have agreed to raise their oil production starting January, after a meeting on 3 December 2020. The decision came after days of marathon discussions, which were focused on building accord over how to .....

Why is the Aussie film and TV industry soaring high?
December 09, 2020 05:18 PM AEDT| By Edita IvancevicAustralia working on international projects for Hollywood and streaming services. Australia seems to be turning out as a favourite spot for the film industries worldwide as the nation faces high demand for blockbuster locations, courtesy the fl....

The controversial life of coal mining magnate Ivan Glasenberg
December 09, 2020 02:08 PM AEDT| By Edita IvancevicIvan Glasenberg at International Economic Forum in St. Petersburg, Russia, 2016 (Image source: Shutterstock) Ivan Glasenberg, the Swiss-based billionaire, has the largest stake in the commodity trading and mining company, Glencore (LON:GLEN). The co...

Pfizer-BioNTech’s COVID-19 vaccine starts working within ten days of first dose, says FDA
December 09, 2020 01:53 PM AEDT| By Hina ChowdharyAccording to new documents released by the US regulator, Pfizer-BioNTech's COVID-19 vaccine, BNT162b2 shows response within almost ten days of the first dose. In the documents, the US Food and Drug Administration (FDA) mentioned that BNT162b2 was f.....

Tesla to Raise USD 5 Billion, Riding High on Share Price Boom
December 09, 2020 01:11 PM AEDT| By Team Kalkine MediaAmerican electric vehicle and clean energy company, Tesla Inc., has unveiled its plan to raise USD 5 billion. As per a regulatory filing on Tuesday, the additional shares will be sold from time to time, at the market prices. It is the second time i.....

Deutsche Bank, ANZ, Citi face trials in Australia’s biggest criminal case
December 08, 2020 11:44 PM AEDT| By Team Kalkine MediaThe three major banks, Australia and New Zealand (ANZ) Banking Group Ltd, Citigroup Inc, Deutsche Bank AG, and six of firms’ former staff were asked to face trial in Australia’s NSW Local Court on Tuesday after pleading not guil.....

In A First, Water Futures Start Trading On Wall Street
December 08, 2020 11:02 PM AEDT| By Hina ChowdharyWater has now entered the league of oil, gold, and other commodities futures on Wall Street, representing concerns that the life-sustaining natural reserve may become insufficient around the world. Chicago-based CME Group Inc unveiled agre.....

The Story of ‘Big Short’s’ Michael J. Burry
December 08, 2020 07:25 PM AEDT| By Edita IvancevicImage Source: Shutterstock People in large number remember how nerve-wracking the 2008 Global Financial Crisis was. Wall Street completely crashed, and the world was left with years of financial struggles. Yet, some investors could sense the future...

The meteoric rise of Ray Dalio, World’s Largest Hedge Fund Manager
December 08, 2020 06:42 PM AEDT| By Edita IvancevicHedge Fund managers are one of the most fancied names on the Wallstreet, and many stock market participants closely track each and every move these fund managers make. Many hedge fund managers make it to the rich list, thanks to the huge amount of m...

Tony Hsieh: the 'generous' genius from the US who died at just 46
December 08, 2020 04:18 PM AEDT| By Edita IvancevicImage Source: Shutterstock Tony Hsieh was a renowned American businessman, who made a considerable impact on Zappos after being hired as its CEO. He was known to turn an almost bankrupt firm into a multibillion-dollar empire. Within a decade, he too...

Who is Dr Timnit Gebru and why did Google fire her?
December 08, 2020 12:49 PM AEDT| By Edita IvancevicIf asked to imagine an artificial intelligence and the technology sector employee, there is a high chance one would picture a white male scientist wearing smart glasses. In that case, one would not be wrong due to white male dominance within the tech...

Who is Solomon Lew? How influential is he in Australia?
December 07, 2020 07:34 PM AEDT| By Edita IvancevicImage Source: Shutterstock Solomon Lew is a Melbourne-born billionaire, who has earnt his wealth through the retail industry. Born on 22 March 1945, Mr Lew is a seasoned retail businessman. His main experience is in importing toys from China to Aust...

Who was Alex Trebek? How did he mesmerise millions through Jeopardy?
December 07, 2020 04:27 PM AEDT| By Edita IvancevicImage Source: Shutterstock The US is widely recognised for its entertainment industry – from Hollywood to the real-life television – which has sold copyright licences to numerous countries. One thing that makes the American TV industry...
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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.....

Who was Leila Janah, the Robin Hood of entrepreneurship?
December 07, 2020 01:40 PM AEDT| By Edita IvancevicImage Source: Shutterstock Leila Janah was a successful social entrepreneur, adventurist, and founder of Samasource, Samaschool, and a skincare brand LXMI. She tragically passed away aged 37 in January 2020, after suffering from a rare form of soft-...

How did Chloe Morello make her way to social media stardom?
December 04, 2020 05:47 PM AEDT| By Edita IvancevicImage Source: Shutterstock The world of influencer marketing has reached its peak in recent years, but it has been the most generous to those with years of blogging experience. Beauty, skincare, and makeup world are currently the most popular withi...

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&...

How much money has Kayla Itsines made through her fitness career?
December 04, 2020 11:34 AM AEDT| By Edita IvancevicKayla Itsines is a name that may be unknown only to a minority of Australians. The Instagram superstar has taken the reign of the fitness and the social media industry. A gym guru, who created one of the most successful fitness apps of all time, SWE...

NSW braces for restrictions to ease despite a new COVID-19 case
December 03, 2020 08:13 PM AEDT| By Team Kalkine MediaNew South Wales Premier Gladys Berejiklian has confirmed that the easing of restrictions scheduled for 7 December 2020 will go according to the plan despite the fact that a quarantined hotel worker was tested Covid-19 positive on 3 December 2020.&n.....

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