News

What is Facebook’s Diem and will it ever see the light of day?
December 14, 2020 12:31 AM PST | By Edita Ivancevicis still unknown, and some professionals think Diem may never become a real thing. What was once known as Libra has changed its name to Diem. It...

NZX regular trading on Monday morning postponed due to connectivity...
December 13, 2020 06:01 PM PST | By Team Kalkine MediaOn 14 December, NZX postponed the opening of the share market until 11:30 am due to technical glitches and issues on the interface between its clearin...

Crude Surges on Vaccine Optimism and Sharp Build in U.S. Weekly Net...
December 12, 2020 05:09 AM PST | By Kunal Sawhney Crude oil prices are showing strong momentum with the price of Brent crude oil futures crossing the USD 50 per barrel mark. Brent crude oil fu...

UK Moves Step Closer to First Nuclear Fusion Power plant
December 12, 2020 05:04 AM PST | By Kunal SawhneyThe UK government has started the hunt for a 100-hectare site for its upcoming nuclear fusion-based power plant. Called as Spherical Tokamak for Energ...

Top Players Across the Globe Riding Gaming Boom
December 11, 2020 08:33 AM PST | By Hina ChowdharyThe gaming market has been on a lively run in 2020. As the pandemic forced people to stay put at their homes, gaming emerged as an alternative to many...

Money doubled! Airbnb (NASDAQ: ABNB) skyrockets on market debut
December 11, 2020 01:33 AM PST | By Team Kalkine MediaAirbnb Inc (NASDAQ: ABNB) has entered the capital markets with a bang as the shares of the San Francisco-headquartered online home-sharing platform ra...

What is GoFundMe and how does it work?
December 11, 2020 01:02 AM PST | By Edita Ivanceviconey is required. Raising money for any occasion is possible on GoFundMe, an online platform where anyone can start a campaign to crowdsource mon...

Pfizer’s COVID-19 vaccine receives a go-ahead sign from FDA Expert P...
December 10, 2020 09:40 PM PST | By Team Kalkine MediaIn a significant recent development, the Pfizer-BioNTech coronavirus vaccine gets FDA officials panel's nod for the Emergency Use Authorization (EUA)...

Adrian Orr suggests creating a new agency to address housing issues
December 10, 2020 08:24 PM PST | By Kunal SawhneyAdrian Orr, Governor of RBNZ, has addressed Finance Minister Grant Robertson’s suggestion for the role central bank can play in resolving housin...

Airbnb IPO debuts with a bang, share price doubles
December 10, 2020 07:28 PM PST | By Team Kalkine MediaIt was a smashing debut for the much-awaited Airbnb IPO. On the first day of its listing, the stock price got more than doubled. The overwhelming resp...

Disney nails another milestone as subscribers soar in number
December 10, 2020 07:26 PM PST | By Kunal SawhneyEntertainment giant The Walt Disney Company (NYSE:DIS) is only one year old in the online streaming service business, but the company seems to have le...

India’s Ambanis top the list of the richest families in Asia
December 10, 2020 07:01 PM PST | By Edita Ivancevicg US$76 billion, following with the Kwok, Chearavanont, Hartono, and Lee families. Bloomberg posted the list of the wealthiest families in Asia i...

How Bitbond and BVDH launched Euro stablecoin
December 10, 2020 05:57 AM PST | By Kunal SawhneyOne of the oldest Germany’s banks Bankhaus von der Heydt and blockchain technology provider Bitbond have successfully launched the first-ever Eu...

Did Real Estate Agents play any role in the surging house prices?
December 09, 2020 11:53 PM PST | By Hina Chowdhary The prospects of NZ economy looked grim with a lockdown imposed in the country in March and surge in coronavirus cases globally. With a rapid...

Why did Kelly Loeffler evade a question during Georgia debate?
December 09, 2020 09:18 PM PST | By Edita Ivancevicicials informed of the upcoming pandemic. The DOJ had dismissed those allegations. Republican Senator Kelly Loeffler has come under spotlight aft...

In a first, Australia to make Facebook, Google pay for news content
December 09, 2020 08:17 PM PST | By Hina ChowdharyOn 8 December 2020, Australia unveiled its plans to make Facebook and Google to pay to the local media outlets for the news content. Australia has bec...

DoorDash (NYSE:DASH) makes a smashing debut, shares soar ~86% on day...
December 09, 2020 07:19 PM PST | By Team Kalkine MediaOn 09 December 2020, DoorDash made is NYSE debut on New York Stock Exchange, and by the end of the trading session, the shares surged by 85.89%, settl...

US Government Sues Facebook, Seeks its Breakup
December 09, 2020 05:08 PM PST | By Hina ChowdharyThe Federal Trade Commission (FTC) has sued Facebook on antitrust grounds. The investigation into the matter was conducted in coordination with the At...

China’s Consumer Prices lowest in more than a decade
December 09, 2020 01:33 AM PST | By Team Kalkine MediaChina’s consumer prices went down for the first time in a decade, after pork prices fell courtesy recovery from the last year’s African sw...

OPEC+ agrees to crank up oil production from January
December 09, 2020 12:59 AM PST | By Team Kalkine MediaIn a significant move, OPEC and non-OPEC allies have agreed to raise their oil production starting January, after a meeting on 3 December 2020. The de...