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World news
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What does the new COVID-19 evidence tell us about the future?
November 24, 2020 09:03 PM AEDT| By Edita IvancevicWinter is coming to the northern hemisphere. Usually, individuals get quite excited around the holidays. However, this year Christmas and New Year might not bring the same amount of joy as they used to. Even after the coronavirus’s first bir.....
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EVs on a shoestring: Australia’s five most affordable electric cars
November 24, 2020 06:28 PM AEDT| By Edita IvancevicElectric cars are gaining popularity with each passing year, especially now as more people intend to go green due to climate change. When manufacturers first started producing electric vehicles, their prices were almost sky high. The best example .....
DHL introduces first air freight flights from Melbourne to Auckland
November 24, 2020 03:28 PM AEDT| By Team Kalkine MediaDHL Express unveiled its first nonstop air freight flight from Melbourne city to Auckland. The move has been taken to accommodate the boom in e-commerce market propelled by COVID-19 and constant increase in Victorian exports to the Tasman. The air.....
China’s Market Regulator Increases Probe After Sudden Default from State-Backed Coal Miner
November 24, 2020 01:46 PM AEDT| By Team Kalkine MediaFollowing payment default from a state-backed coal miner, China’s market regulator, Financial Stability and Development Committee (FSDC) has intensified its investigation into bond sales. The default dragged in several banks, accounting firms.....
WorldRemit hires Paul Vogel of Spotify to its Board
November 24, 2020 08:03 AM AEDT| By Team Kalkine MediaDigital remittance industry has been growing and is expected to grow even more in years ahead. The rising smartphone and internet usage, increasing digital-savvy customers going for digital remittances and an increase in payment automation and digi.....
Now AstraZeneca-Oxford University COVID-19 Vaccine Shows High Efficacy
November 23, 2020 08:46 PM AEDT| By Kunal SawhneyNovember is proving to be a super month for global stock markets. The COVID-19 vaccine being developed by the Oxford University and British-Swedish biopharmaceutical firm AstraZeneca (NASDAQ:AZN, AZNCF:US) could be about 90 per cent effecti.....
Asia ratchets up fight against COVID-19 as virus cases resurge
November 23, 2020 06:50 PM AEDT| By Team Kalkine MediaThe Covid-19 pandemic originated in Asia in Wuhan, China and spread across the world. The first cases of Covid-19 were reported to the WHO on 31 December 2019. These cases reported in Wuhan were the first Covid-19 cases to be reported globally and .....
The US Plans First Vaccinations to Start Before Mid-December, Pfizer-BioNTech Application Under Review
November 23, 2020 05:12 PM AEDT| By Team Kalkine MediaAfter the deadly COVID-19 pandemic hit the world, all eyes moved to how soon will there be a vaccine for the fatal virus, SARS-CoV-2. Speculations started building regarding the same, and we are already beyond the initial deadline set for September.....
Trump attempts to reverse the US election result
November 23, 2020 12:11 PM AEDT| By Team Kalkine MediaUS Presidential election has been the most controversial election of 2020. The unrest caused by the US elections is still relentless with the defeated President Donald Trump’s continuous attempts to overturn the 3 November outcome. Donald Tr.....
China’s recovery pace rises after reports of positive data for October
November 22, 2020 12:31 AM AEDT| By Team Kalkine MediaWhen much of the world is struggling to prevent the shaky rebound from being derailed by new coronavirus outbreaks, China's economy seems to be on its way towards growth. China, the world's second-biggest economy is gradually recovering from the i.....
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Apple reduces its 30% App Store commission for developers
November 20, 2020 02:20 PM AEDT| By Team Kalkine MediaApple Inc. has slashed its App store commission fees from 50% to 15% implying that small app developers will now pay in half to Apple. The minimum eligibility requirement for the small developers to get the benefit are those who make less than US$1.....
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Vocus Group Planning to Execute IPO of Vocus New Zealand
November 19, 2020 02:07 PM AEDT| By Team Kalkine MediaASX listed vertically integrated telecommunication services provider Vocus Group Limited (ASX:VOC) is planning to go for an IPO of Vocus New Zealand. For this purpose, the Company has appointed financial advisers to execute an Initial Public .....
Pfizer-BioNTech Vaccine 95% Effective In Preventing COVID-19, Ready For Regulators
November 19, 2020 01:14 AM AEDT| By Team Kalkine MediaPharma giant Pfizer Inc. (NYSE: PFE, PFE:US) Wednesday claimed that its vaccine candidate is 95 per cent effective in preventing COVID-19. The company plans to apply for approval from the US Food and Drug Administration (FDA) for Emergency .....
Here’s why Airbnb is making a splash
November 18, 2020 07:53 PM AEDT| By Kunal SawhneyAirbnb is once again stealing the thunder as it is ready to make its debut on the US public markets. The San Francisco-based rental online marketplace is gearing up for the year’s one of the most anticipated Initial Public Offerings (IPO). T.....
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Amazon forays into the pharmacy industry with Prime
November 18, 2020 04:23 PM AEDT| By Kunal SawhneyNow Amazon.com will deliver prescriptions at your doorstep. Amazon Pharmacy is a new store on the Amazon website, allowing customers to purchase medication online through the desktop website or Amazon application. This move by the e-commerce giant.....
Virgin Australia takes a new route as Bain Capital takes over
November 18, 2020 02:34 PM AEDT| By Hina ChowdharyVirgin Australia Holdings Limited (ASX:VAH) has finally got a new owner after the completion of A$3.5 billion sale to Bain Capital, the US private equity group. All Virgin's shares have been transferred to Bain Capital and the company is delis.....
Ransomware Attacks on the rise in APAC Region, Businesses forced to pay up
November 18, 2020 02:26 PM AEDT| By Kunal SawhneyRansomware, a malicious software that can infect your system, typically displays several messages demanding a specific fee to ensure your system starts functioning properly again. This malware category is an illegal moneymaking scheme that enters t.....
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Warren Buffett sours on banks, trims tech and laps up pharma stocks
November 18, 2020 01:51 PM AEDT| By Kunal SawhneyBerkshire Hathaway’s third-quarter filing is out. This time Warren Buffet has given food for thought to his followers, especially with regards to banks. The latest filing details a slew of changes made by the conglomerate in the third .....
Australian Red Cross makes an urgent appeal to blood donors
November 17, 2020 01:50 PM AEDT| By Kunal SawhneyAustralia is facing a shortage of two of its most common types of blood groups, O+ and A+, and the Australian Red Cross has urgently called for donors. Though all blood groups and plasma types are required, supplies for these two groups are down to.....
Moderna’s COVID-19 vaccine impresses, demonstrates 94.5% efficacy
November 17, 2020 01:41 PM AEDT| By Team Kalkine MediaUS biotech firm Moderna Inc (NASDAQ:MRNA) on 16 November 2020 announced that its experimental vaccine against COVID-19, mRNA-1273 was 94.5% effective, marking a significant breakthrough in the quest to end the ongoing pandemic. The interim data fro.....
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