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 What Are The Non-Budgetary Parts Of Kiwi Budget 2021?

What Are The Non-Budgetary Parts Of Kiwi Budget 2021?

May 21, 2021 06:00 AM AEST| By Team Kalkine Media

Summary A balanced budget includes a mix of budgetary allocations as well as the consideration of the well-being of citizens. New Zealand’s Federal Budget 2021 aims to uplift its citizens’ living conditions by introducing a series o.....

 Is US getting ready to tighten monetary policy? Fed drops hawkish hints

Is US getting ready to tighten monetary policy? Fed drops hawkish hints

May 20, 2021 12:28 PM AEST| By Furquan Moharkan

Summary The Fed has said that it would tighten the monetary policy, if the economy improves. The Fed hints at truncating its bond purchases programme. The balance sheet of Fed has doubled during the pandemic. The US Federal Reserve is mul.....

 US Stocks Plunge In Broad Rout, Bitcoin Sees Record One-Day Fall

US Stocks Plunge In Broad Rout, Bitcoin Sees Record One-Day Fall

May 20, 2021 08:32 AM AEST| By Team Kalkine Media

US stock markets continued a losing streak on Wednesday, May 19, as losses across all sectors deepened amid a dwindling risk appetite among investors and a sharp decline of cryptocurrencies. The S&P 500 was down 0.29% to 4,115.68. The Dow Jones...

 Canada’s OSF Digital Acquires NZ’s Adept Group To Enhance Its Presence Across Australasia

Canada’s OSF Digital Acquires NZ’s Adept Group To Enhance Its Presence Across Australasia

May 20, 2021 06:00 AM AEST| By Team Kalkine Media

Summary Canadian OSF Digital has acquired Adept Group, which has offices located in Auckland and Wellington. Both the companies will draw mutual benefits from the acquisition, with an increased global presence in B2B and B2C commerce services. .....

 100,000 dead in a month: COVID-19 continues relentless onslaught in India

100,000 dead in a month: COVID-19 continues relentless onslaught in India

May 19, 2021 04:13 PM AEST| By Furquan Moharkan

The raging COVID-19 pandemic in India has left 104,488 people in country dead in just a month’s time, as the country is hurtling towards the total death toll of 300,000. As on date, the pandemic death toll in the country stands at 283,281, c.....

 APAC markets a sea of red; ASX200 bleeds AU$40 billion

APAC markets a sea of red; ASX200 bleeds AU$40 billion

May 19, 2021 03:05 PM AEST| By Furquan Moharkan

The markets across the Asia-Pacific region were mostly trading in red on Wednesday, with Australian markets being the worst performer. The country’s benchmark ASX200 was down 2.01% due to weak consumer sentiment. As ASX200 marked its worst s.....

 Waikato DHB latest to be hit by cyberattack

Waikato DHB latest to be hit by cyberattack

May 19, 2021 01:58 PM AEST| By Sonal

A cyberattack on a New Zealand public health provider knocked off information systems at 5 hospitals, causing some elective procedures to be cancelled and triggering a slew of other issues. Surgery and many outpatient meetings had to be withdraw...

 Cannabis-Based Company Bags Carbon Efficiency Certification

Cannabis-Based Company Bags Carbon Efficiency Certification

May 19, 2021 01:55 PM AEST| By Roma

Summary Cannabis-based Company receives carbon efficiency certification. It paves way for eco-friendly cannabis production in the country. Setting the right tone for the rest of the industry, helping in reaching goals. The world and espec.....

 Auditor General Advises NZ Government To Ramp Up COVID-19 Vaccination Programme

Auditor General Advises NZ Government To Ramp Up COVID-19 Vaccination Programme

May 19, 2021 12:50 PM AEST| By Team Kalkine Media

Summary New Zealand needs to increase its momentum of the vaccine roll-out, says Auditor General. The Government must thoroughly work on contingencies in case of any delay in the arrival of vaccines, community outbreaks, etc. Majority of the G.....

 Yellen bats for increased taxes for businesses

Yellen bats for increased taxes for businesses

May 19, 2021 11:34 AM AEST| By Furquan Moharkan

Summary US Treasury Secretary Janet Yellen is all for increased taxes for businesses to aid stimulus package. Yellen also called for stronger labour unions. She said that the American Families Plan would be funded by increasing taxes on rich p.....

 On a sticky wicket: Can Cricket bounce back to blockbuster form after COVID-19?

On a sticky wicket: Can Cricket bounce back to blockbuster form after COVID-19?

May 18, 2021 08:27 PM AEST| By Team Kalkine Media

Summary Governments in cricket-playing nations worldwide have relaxed restrictions, somewhat allowing smaller crowds into stadiums worldwide. But the hit to the bottom line for every national cricket association is crushingly undeniable. The Ch.....

 Elon Musk Superseded as the World’s Second Richest Person

Elon Musk Superseded as the World’s Second Richest Person

May 18, 2021 06:30 PM AEST| By Team Kalkine Media

On Monday, Tesla (NASDAQ:TSLA) CEO Elon Musk lost his position as the second richest person in the world as LVMH Chairman, Bernard Arnault, took the spot. Elon Musk drops to 3rd in the list of the wealthiest people in the world (Source: © J.....

 Villa Maria’s parent firm FFWL put into receivership

Villa Maria’s parent firm FFWL put into receivership

May 18, 2021 05:42 PM AEST| By Sonal

The owner of NZ wine business Villa Maria has been put into receivership and share sale in the business will occur. Brendon Gibson​ and Neale Jackson​ of Calibre Partners (previously known as KordaMentha) have been selected as receivers of FFWL, ...

 EverCommerce and Timely’s Tie-up Can Help Them Expand Client Base

EverCommerce and Timely’s Tie-up Can Help Them Expand Client Base

May 18, 2021 05:02 PM AEST| By Roma

Summary Wellness and health company to collaborate with beauty-based Company. The collaboration aims at creating better business for both the companies while serving the clients. The companies bounced back after COVID-ridden damage witnessed l.....

 APAC markets trading in green; Taiwan bounces back

APAC markets trading in green; Taiwan bounces back

May 18, 2021 04:44 PM AEST| By Furquan Moharkan

The equity markets in the Asia-Pacific (APAC) region were mostly trading in green on Tuesday as Taiwan led the pack with a sharp rebound. The Taiwan Weighted Index surged 4.90% on Tuesday, after a nearly 3% drop on Monday amid rising concerns over.....

 COVID-19: WHO warns against ‘pandemic is over’ mindset, flags vaccine shortage

COVID-19: WHO warns against ‘pandemic is over’ mindset, flags vaccine shortage

May 18, 2021 01:49 PM AEST| By Furquan Moharkan

The World Health Organisation (WHO) has warned that the COVID-19 pandemic is far from over despite decline in the global numbers in the past two weeks. “There’s a huge disconnect growing where in some countries with the highest vaccina.....

 Two-Way Travel Bubble Between Cook Islands, New Zealand Commences Today

Two-Way Travel Bubble Between Cook Islands, New Zealand Commences Today

May 18, 2021 01:27 PM AEST| By Team Kalkine Media

Summary Quarantine-free two-way travel arrangement kick-starts from today as Air NZ's flight took off from New Zealand to the Cook Islands. The traveller should be in New Zealand for last 14 days before travelling to the Cook Islands. A pre-de.....

 Michael Burry of ‘The Big Short’ fame has bet US$534 million against Tesla

Michael Burry of ‘The Big Short’ fame has bet US$534 million against Tesla

May 18, 2021 11:07 AM AEST| By Furquan Moharkan

Micheal Burry, the investor famous for foreseeing the subprime mortgage crisis and profiting from it, has a short position worth US$534 million against the electric vehicle maker Tesla Inc (NASDAQ:TSLA), a regulatory filing has revealed. According.....

 Aussie PM To Visit NZ On May 30 After Trans-Tasman Bubble Opened Last Month

Aussie PM To Visit NZ On May 30 After Trans-Tasman Bubble Opened Last Month

May 18, 2021 10:18 AM AEST| By Team Kalkine Media

Summary New Zealand will welcome Australia’s PM and his wife; their maiden visit since the opening of the trans-national borders of the two neighbours. Leaders of both the countries will attend the AU-NZ leaders' meeting to be held in Que.....

 AT&T-Discovery merger announced: 10 highlights of the deal

AT&T-Discovery merger announced: 10 highlights of the deal

May 18, 2021 01:05 AM AEST| By Abhijeet

Summary AT&T on Monday announced the anticipated amalgamation of WarnerMedia with Discovery Reacting to the development, AT&T shares rose as much as 5.09 per cent to 52-week high While Discovery shares fell into negative territory afte.....

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