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World news
Big tech firms making an exit: Is Silicon Valley losing its sheen?
December 03, 2020 01:44 PM AEDT| By Hina ChowdharySilicon Valley, home to many of the world's largest tech companies, seems to be losing its charm among the corporates and tech workers. Recently, a trend has come to light where companies and employees have been observed to be relocating to other p.....
Tesla's EV strategy to churn out quality automobile amid global competition
December 03, 2020 01:07 PM AEDT| By Hina ChowdharyThe year 2020 will be known for the EV revolution apart from being known as an unmatched year due to COVID-19. Tesla stock has risen by about 600% since December last year, rising way ahead from estimates of various analysts and price targets. The.....
Why are shark attacks rising in Australia?
December 03, 2020 12:19 PM AEDT| By Edita IvancevicThis year has not only been strange due to the coronavirus pandemic but also because of most shark attack-related deaths in the modern age. So far this year, eight deaths have been caused by these sea creatures, the last one reported on 22 Novembe.....
This is how Travis Scott is making his millions
December 02, 2020 07:24 PM AEDT| By Edita IvancevicMost people would probably know Travis Scott as a hugely successful rapper, songwriter, record label owner, and last but not the least, Kylie Jenner's ex-partner. With his many talents, Mr Scott proves himself to be good at what he is doing, as he.....
UK First Nation To Approve Pfizer-BioNTech COVID-19 Vaccine, Roll Out ‘Next Week'
December 02, 2020 06:53 PM AEDT| By Team Kalkine MediaIn a major development, the United Kingdom on Wednesday became the first nation to approve the Pfizer-BioNTech vaccination for public use. The COVID-19 mRNA vaccine candidate will be rolled out from next week, informed UK health secretary Matt Hancoc...
NZ dairy farmers can rejoice as dairy auction prices jump by 4.3 per cent
December 02, 2020 03:37 PM AEDT| By Team Kalkine MediaAs per the latest Global Dairy Trade data, change in GDT price index from the previous event was up by 4.3%. The total number of bidders that participated in the trading event was 178, and the total sold quantity stood at 32,062. Image source: S.....
Lower South Island bearing the brunt of pandemic with rising unemployment
December 02, 2020 02:44 PM AEDT| By Team Kalkine MediaThe effects of the pandemic induced tightening have been felt severely by the lower South Island as unemployment rose in the region. The number of people availing JobSeeker benefits in the area has increased considerably. Queenstown Lakes, which i.....
2020’s Much-awaited Airbnb IPO Set to Launch In December!
December 02, 2020 01:09 PM AEDT| By Team Kalkine MediaThe famous home rental startup Airbnb Inc said on Tuesday that it intends to price its shares at USD 44 to USD 50 per share in its IPO, for a valuation of up to USD 34.8 billion in its initial public offering (IPO). The company is prepared to sell .....
Salesforce To Acquire Slack Technologies, Signs Definitive Agreement
December 02, 2020 12:20 PM AEDT| By Team Kalkine MediaOne of the most-awaited tech deals of the year is finally through. Salesforce.com (NYSE:CRM) has acquired communications platform Slack Technologies, Inc. (NYSE:WORK) for US$ 27.7 billion, making it the eighth-largest M&A deal in tech industry....
A$55,000 for one post: Australian influencer Tammy Hembrow rakes in huge money through Instagram
December 01, 2020 05:35 PM AEDT| By Edita IvancevicWho says social media cannot pay the bills or do more? Australian influencer Tammy Hembrow proves that statement wrong, as marketing experts estimated she could earn more than A$55,000 per post on Instagram. Australia’s 26-year-old self-mad.....
Unilever (LON:ULVR) to try out 4 days working per week in NZ
December 01, 2020 04:12 PM AEDT| By Team Kalkine MediaCompanies in New Zealand are increasingly coming forward with ‘four-day work a week’ policy and adding to the league is the London based, consumer goods company Unilever (LON:ULVR) which will be trying out four-day work in a week for all its em...
UK’s Fashion giant Arcadia goes into administration; 13,000 jobs at risk
December 01, 2020 03:18 PM AEDT| By Team Kalkine MediaArcadia Group, the owner of renowned fashion brands like Topshop, Burton and Dorothy Perkins, has become the latest victim to bite the dust in the wake of COVID-19 storm. The fashion giant has hired administrators from Deloitte to assess all avail.....
Moderna seeks US, EU approval for COVID-19 vaccine after it demonstrated 94.5% efficacy
December 01, 2020 12:30 PM AEDT| By Edita IvancevicPharmaceutical giant Moderna Inc. (NYSE:MRNA) intends to ask vaccine regulators in the US, Europe, and the UK for urgent approval of its coronavirus vaccine. According to the company, they performed late-stage study of human trials for the COVID-1.....
Eye on net-zero emissions target, Australia shells out $100 million on renewables
November 30, 2020 04:51 PM AEDT| By Team Kalkine MediaAustralia has unlocked more than A$100 million for clean, renewable energy projects as part of A$1.6 billion Victorian Budget 2020/21. The investment will help develop new technologies to fast-track renewable projects, including offshore wind.....
Dollarmites’ days are numbered: Victoria bans school banking programs
November 30, 2020 01:46 PM AEDT| By Edita IvancevicThe state of Victoria will ban all banking-related courses in state schools starting from next year, including the infamous Dollarmites. The so-called low-quality programs, which were previously run by banks, will be substituted with on-school fin.....
How has COVID-19 steered our mode of travel?
November 30, 2020 01:38 PM AEDT| By Team Kalkine MediaThe Covid-19 pandemic that took the world in its grip, undoubtedly made people adapt to living which perhaps no one would have heard of or dreamed of. However, by now, we all are familiar with the concept of social distancing, regular hand sanitisi.....
Under Pressure from ACCC, NBN to Reduce Broadband Prices, Increase Rebates
November 29, 2020 12:03 AM AEDT| By Hina ChowdharyThe Australian Competition and Consumer Commission (ACCC) published its final report, on 4 November 2020, highlighting that it had concluded the public inquiries into NBN entry-level pricing and NBN wholesale service standards and set out the findi.....
Will RCEP bring a thaw in Australia-China trade relations?
November 29, 2020 12:01 AM AEDT| By Kunal Sawhney&n.....
Revealed: Australia’s richest & self-made young millionaires under 40
November 28, 2020 03:10 PM AEDT| By Kunal SawhneyIn 2020, the busiest of the streets screeched to a halt as COVID-19 virus unleashed havoc worldwide. The coronavirus pandemic shattered most of the economies across the world, leaving their people homebound for months. Although, the lockdowns.....
BBVA and Sabadell Put the Merger on Hold Due to Disagreement on Financial Terms
November 27, 2020 11:39 PM AEDT| By Kunal SawhneySpain’s Banco De Sabadell and BBVA have put their merger on hold following disagreements on the financial terms of the deal. It was one of the major deals in the banking sector in the EU this year. The markets have not taken this news well, f.....
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