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World news
Cyber Espionage Campaign: Strings that tie China, Australia and the US
July 23, 2020 03:19 PM AEST| By Team Kalkine MediaSummary US Justice Department announced indictment alleging two Chinese hackers behind Australia’s cyber- attack. The hackers are alleged to be contractors for the Chinese government, rather than full-fledged spies. Cyber-security attack.....
China-AU: Demand for Australian Resources is Still High
July 22, 2020 01:29 AM AEST| By Team Kalkine MediaSummary The Australian mining and petroleum industry is a major contributor to Australian exports with China importing 62% of iron ore in 2019 from Australia. At present, China is recovering from the impacts of coronavirus pandemic and has inte.....
Step Forward: Oxford/AstraZeneca’s AZD1222 Shows Promising Results in Early Human Trials
July 21, 2020 09:58 PM AEST| By Team Kalkine MediaSummary Currently, more than 160 vaccines are under different stages of development (clinical and preclinical). With several ongoing studies around the world, people are eagerly waiting for some good news as the pandemic continues to wreak havo.....
Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 2)
July 21, 2020 03:59 PM AEST| By Team Kalkine MediaSummary Governments from several countries are taking initiatives to accelerate vaccine development for COVID-19 and ensuring fair distribution once a vaccine is approved. The COVAX facility is a global collaboration to fast-track the developme.....
Airbnb Back to Square One?
July 20, 2020 07:52 PM AEST| By Team Kalkine MediaThe travel industry will not be the same again, says Airbnb CEO, Brian Chesky. The boss of Airbnb - a vacation rental online marketplace company, admitted losing almost everything of what it took them 12 years to build. The worldwide outburst of n.....
How has Social Media changed the outlook for some Digital Stocks?
July 20, 2020 03:34 PM AEST| By Team Kalkine MediaSummary Social media has emerged as an influential medium to aid the efforts made by individuals and entities to expand their businesses. Quantifiable user data generated via social media platform are further tracked, segmented, and analysed at.....
Morgan Stanley Delivers Record Results in Q2, Net Income Up 45%
July 19, 2020 01:10 AM AEST| By Team Kalkine MediaSummary Morgan Stanley recorded $13.4 billion in net revenues in 2Q 2020 with a net income of $3.2 billion. Its RoE was 15.7% and ROTCE was 17.8%. Strong market activity and performance of the Institutional Securities business helped the firm to.....
‘DE’fensive and ‘OF’fensive: Pivoting Strategies for FAANG Stocks set for Action
July 17, 2020 10:09 PM AEST| By Team Kalkine MediaSummary It will not be an exaggeration to mention that as per NASDAQ, FAANG stocks not only withstand the market blow but also put up a “great show”. The market darlings of technology sector, FAANG stocks have grown stronger over th.....
Start-Up CEO, Fahim Saleh Hacked to Death in his New York Luxury Apartment
July 17, 2020 09:47 PM AEST| By Team Kalkine MediaSummary 1) Tech CEO’s body found in luxury New York apartment. 2) A persona of interest is identified by NY Police Department, not in custody yet, 3) Tragic death of a visionary entrepreneur is a loss .....
China's Economy seems to be bouncing back from Coronavirus
July 17, 2020 07:21 PM AEST| By Team Kalkine MediaSummary China reported that its second-quarter GDP expanded by 3.2% in 2020 from a year earlier as lockdown measures ended, and stimulus was stepped up to overcome the shocks emerging from coronavirus crisis. While China's industrial output ros.....
Huawei Banned from the UK’s 5G Mobile Phone Networks - UK China Lock Horns
July 17, 2020 06:14 PM AEST| By Team Kalkine MediaSummary The UK is the second-largest market for Huawei outside China. Billions of pounds will be spent on removing and replacing Huawei equipment from UK telecommunication sector. Stock market likely to become unstable as Huawei exits from the.....
Bitcoin Swindle: Twitter Jams all verified accounts temporarily
July 17, 2020 04:07 PM AEST| By Team Kalkine MediaThe social media platform Twitter has verified accounts of prominent individuals and corporates from valorous fields such as politics, sports, movies, and technology world. It is a powerful platform for these people to connect with the masses. When.....
Investing Tips: 4 Reasons Big Techs can always stay your best pal
July 17, 2020 02:55 PM AEST| By Team Kalkine MediaSummary The technology industry is full of distinct companies that are best in what they offer along with their larger scale and bargaining power. These big tech firms enrich from network effects with rising number of users who utilise their pr.....
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Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 1)
July 16, 2020 07:03 PM AEST| By Team Kalkine MediaThousands of scientists worldwide are working on more than 160 investigational vaccine candidates, and so far, none of them has been approved for use. The surge in COVID-19 cases has made the availability of a vaccine the need of the hour. Healthc.....
Lens on COVID-19 Vaccine Developments: Pfizer & BioNTech Granted FDA Fast-track Designation and more
July 14, 2020 08:29 PM AEST| By Team Kalkine MediaSummary The unrelenting pressure from the coronavirus pandemic has made the development of a COVID-19 vaccine the top priority of governments and healthcare authorities around the globe. Pfizer and BioNTech obtained FDA fast-track designation f.....
Crude Oil Continues on the recovery path, Libya blaming UAE on support to Hifter
July 13, 2020 10:32 PM AEST| By Team Kalkine MediaSummary Brent at US$42.81 a bbl, WTI at US$40.21 per bbl Strong demand recovery from India & China in June, US refined product demand growth awaited Libya internal disputes on oil revenue allocation continue, may experience a further disru.....
All You Need to Know about French Digital Services Tax on the US Tech Companies
July 13, 2020 04:57 PM AEST| By Team Kalkine MediaSummary In July 2019, the French Parliament had passed Digital Services Tax (DST) regime to impose a 3 percent tax on the revenue of the US digital services providers, which resulted in an investigation by the US to determine whether France was .....
Canadian PM Justin Trudeau Faces Probe Over C$ 900-million contract to WE Charity
July 13, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Justin Trudeau-led government’s decision to award a contract of over C$ 900 million to WE charity his family members are associated with has stirred up a political controversy. The charity admitted paying the Prime Minister’.....
Revealed! Four Strong Companies From The Biggest Economies Amid COVID-19
July 12, 2020 12:35 AM AEST| By Team Kalkine MediaSummary World continues to track economic and epidemiological developments around COVID-19, and as lockdowns lift, businesses are pondering over their next moves. Current times offer leaders the unique opportunity to structure, strengthen and l.....
How ‘Secure’ are Insurers Amid COVID-19, PPP a Savior?
July 10, 2020 11:24 PM AEST| By Kunal SawhneyThe emergence of COVID-19 crisis has ignited a debate over the importance of public private partnership in the insurance industry to mitigate the risks associated with the pandemic. Introduction of the Pandemic Risk Insurance Act in May 2020 by Con.....
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