World news

Will RCEP bring a thaw in Australia-China trade relations?
November 29, 2020 12:01 AM AEDT| By Kunal Sawhney&n.....

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.....

Earthquake forces Bunnings to close Mt Roskill warehouse
November 27, 2020 03:23 PM AEDT| By Team Kalkine MediaNovember has seen full earthquakes in New Zealand as the country felt ten quakes over 5.0 magnitude and many small quakes of below 5.0 magnitude. On 27 November 2020, an earthquake with a magnitude of 4.9 was recorded during the early hours .....

NZ wine exports growth trajectory persists, touches NZD 2 billion mark
November 27, 2020 02:01 PM AEDT| By Team Kalkine MediaRecently, for the first time, New Zealand wine exports value has touched NZD 2 billion mark. New Zealand Winegrowers, ten years back when the export value was NZD 1.04 billion, had set out the goal to double the export value to achieve NZD 2 billio.....

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 .....
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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’.....

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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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.....

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.....

Consumer NZ finds Airbnb and Bachcare cancellation policies unfair
November 24, 2020 02:23 PM AEDT| By Team Kalkine MediaThe consumer advocacy group, Consumer New Zealand, lodged a complaint with the Commerce Commission against the accommodation booking sites Airbnb and Bachcare over how they charge people who cancel bookings. The Consumer NZ finds it a breach of the...

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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