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World news
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.....
Eye on net-zero emissions target, Australia shells out $100 million on renewables
November 30, 2020 04:51 PM AEDT| By Team Kalkine MediaAustralia has unlocked more than A$100 million for clean, renewable energy projects as part of A$1.6 billion Victorian Budget 2020/21. The investment will help develop new technologies to fast-track renewable projects, including offshore wind.....
Dollarmites’ days are numbered: Victoria bans school banking programs
November 30, 2020 01:46 PM AEDT| By Edita IvancevicThe state of Victoria will ban all banking-related courses in state schools starting from next year, including the infamous Dollarmites. The so-called low-quality programs, which were previously run by banks, will be substituted with on-school fin.....
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.....
Under Pressure from ACCC, NBN to Reduce Broadband Prices, Increase Rebates
November 29, 2020 12:03 AM AEDT| By Hina ChowdharyThe Australian Competition and Consumer Commission (ACCC) published its final report, on 4 November 2020, highlighting that it had concluded the public inquiries into NBN entry-level pricing and NBN wholesale service standards and set out the findi.....
Will RCEP bring a thaw in Australia-China trade relations?
November 29, 2020 12:01 AM AEDT| By Kunal Sawhney&n.....
Revealed: Australia’s richest & self-made young millionaires under 40
November 28, 2020 03:10 PM AEDT| By Kunal SawhneyIn 2020, the busiest of the streets screeched to a halt as COVID-19 virus unleashed havoc worldwide. The coronavirus pandemic shattered most of the economies across the world, leaving their people homebound for months. Although, the lockdowns.....
As China raises tariffs, Australian wine industry may feel the heat
November 27, 2020 09:08 PM AEDT| By Edita IvancevicThe Chinese government has introduced new taxes for the Australian wines, putting a high risk to the A$1.2 billion annual business. The new tariffs will be effective from tomorrow. The news came after China’s drink industry accused Australia.....
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What is Amazon Pharmacy, and could it work in Australia?
November 27, 2020 06:28 PM AEDT| By Edita IvancevicRetail titan Amazon (NASDAQ:AMZN) launched a new project earlier this month that could provide the company with a multi-billion dollars opportunity – Amazon Pharmacy. An expert suggested that the opportunity could be even more significant, wo.....
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.....
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Financial Review Young Rich List: Zoë Foster Blake makes her debut
November 27, 2020 02:49 PM AEDT| By Team Kalkine MediaAustralian Financial Review has released the list of young entrepreneurs below 40 years. Interestingly, the top five young entrepreneurs are from the technology sector. Let us look at the top five wealthiest young entrepreneurs in Australia are: .....
US online real estate player Compass plans to go public
November 27, 2020 01:35 PM AEDT| By Hina ChowdharyCompass, a new age property broker, is believed to have hired investment bankers to take the company public, according to reports. It uses technology and talent to deliver real estate broking services in the US markets, operating across coasts and.....
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Penguin makes a splash in publishing industry with $2M Simon & Schuster deal
November 26, 2020 03:00 PM AEDT| By Team Kalkine MediaGerman media group Bertelsmann, through its company Penguin Random House (PRH), is set to buy publisher Simon & Schuster at USD 2.17 billion from TV and film company ViacomCBS. The acquisition is expected to close in 2021 and requires approval .....
All You Need to Know About the Crew-1 Mission Launch by NASA
November 26, 2020 12:10 AM AEDT| By Hina ChowdharyOn 15 November 2020, SpaceX Falcon 9 rocket and Crew Dragon spacecraft “Resilience” carrying four astronauts lifted off from the NASA’s Kennedy Space Center in Florida. The launch represents the beginning of a new era of human space...
Why is Australia losing international students?
November 25, 2020 08:40 PM AEDT| By Edita IvancevicAustralia seems to be losing a battle against competitor countries when it comes to tertiary education. While overseas universities are arranging arrivals and flights for thousands of students from across the world, Australia is left far behind. C.....
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Plexure (ASX:PX1) makes its debut on the ASX
November 25, 2020 05:50 PM AEDT| By Team Kalkine MediaThe New Zealand instituted mobile engagement platform, Plexure Group Limited (NZX:PX1), has now marked its presence on the ASX as its shares started trading at 11:00 AM AEDT on 25 November 2020. The company is trading under ticker ‘PX1’.....
Death Of Five Delivery Riders: What’s Ailing the Australian Food Industry?
November 25, 2020 04:57 PM AEDT| By Edita IvancevicAustralian news portals had been writing about the four deaths in the food delivery industry in the past couple of months which was alarming enough. Yet, that was not all as a fifth fatal bike crash was confirmed just two days ago in Sydney’s.....
JPMorgan red-flagged again, coughs up US$250 million as penalty
November 25, 2020 03:26 PM AEDT| By Team Kalkine MediaMultinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regulators found a "pattern of misconduct" for risk management and other control failings in its wealth .....
Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the second richest man
November 25, 2020 02:06 PM AEDT| By Team Kalkine MediaOn 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle car company's market value crossed the USD 500 billion-mark, Musk's net worth increased by nearly .....
Game over for Trump? Emily Murphy finally gives the green light to Biden’s transition
November 24, 2020 11:07 PM AEDT| By Edita IvancevicIt has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely, as a new American president means a big deal for everyone, on various fronts – stock markets.....
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