World news

What is the Regional Comprehensive Economic Partnership?
November 16, 2020 06:15 PM AEDT| By Edita IvancevicAfter eight years of meetings, negotiations and discussions, Australia finally signed the Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, 15 November. RCEP is a big pact for Australia, as most of its imports and exports are conn.....

SpaceX, NASA Make History with First Crew Dragon Launch to Space
November 16, 2020 04:18 PM AEDT| By Hina ChowdharyAt EST 7:27 PM (Sunday 15 November 2020) the SpaceX Falcon 9 rocket and Crew Dragon spacecraft "Resilience" lifted off four astronauts to the International Space Station, making a historic launch from the Kennedy Space Centre of NASA in Florida. T.....

High alert in South Australia after first coronavirus outbreak in months
November 16, 2020 04:13 PM AEDT| By Kunal SawhneyThe coronavirus continues to be an incessant problem as the extremely contagious nature of the viral infection leaves no room for complacency. Recently, South Australia reported 17 new coronavirus cases, which is the first outbreak since April.....

Biden Gets Ready for White House Despite Trump’s Refusal to Concede
November 15, 2020 12:52 AM AEDT| By Team Kalkine MediaThe presidential race to the White House has finally come to an end with Joe Biden elected as the 46th President of the US on Saturday, 7 November 2020. The Democratic presidential candidate won after giving a tough fight to outgoing US President D.....

E-commerce boom: Brazil the next major country to reap the benefits
November 14, 2020 04:17 AM AEDT| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....

Ford Unveils New All-Electric Commercial Transit Van
November 13, 2020 04:33 PM AEDT| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....

Sony launches PlayStation 5 amid COVID-19 gaming boom
November 12, 2020 07:58 PM AEDT| By Kunal SawhneyOn 12 November, Sony Corp (TYP:6758) PlayStation 5 console went on sale following the launch of newest Xbox by the rival Microsoft competing for the holiday season ahead. Market leader Sony depends on big-ticket exclusive games such as Spider-Man: .....

COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off
November 12, 2020 06:13 PM AEDT| By Kunal SawhneyThe US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate, BNT162b2 is 90% effective in preventing.....

How will Biden victory affect health insurance in the US?
November 12, 2020 05:06 PM AEDT| By Edita IvancevicAfter the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with a smile on their face. Fireworks, beeping cards, and singing pop classics could be both seen and .....

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.....

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