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 Anheuser-Busch InBev SA/NV enters a strategic partnership with Apollo-Led Consortium

Anheuser-Busch InBev SA/NV enters a strategic partnership with Apollo-Led Consortium

December 24, 2020 07:19 PM AEDT| By Hina Chowdhary

Leading global alternative investment manager with assets under management of approximately $433 billion Apollo Global Management Inc (NYSE: APO) and a group of institutional investors have made a strategic decision to acquire a 49.9 per cent stake.....

 Why did China start investigating into Alibaba on monopolistic behaviour?

Why did China start investigating into Alibaba on monopolistic behaviour?

December 24, 2020 05:52 PM AEDT| By Hina Chowdhary

Chinese regulators have launched an antitrust investigation into Alibaba Group and will meet Ant Group, the tech giant affiliate, in the upcoming period.  Alibaba Group is the largest e-commerce player across the globe by total sales volume. .....

 Boxing Day sales to kickstart earlier through online platforms

Boxing Day sales to kickstart earlier through online platforms

December 24, 2020 03:51 PM AEDT| By Team Kalkine Media

Boxing Day sales are set to start much earlier than scheduled, this year. Traditionally, as the name suggests Boxing Day sales starts on December 26th, but this year most stores have kickstarted the sales early. Source: Shutterstock Biggest sal.....

 Google Partners with Aramco to Tap Saudi Cloud Market

Google Partners with Aramco to Tap Saudi Cloud Market

December 24, 2020 01:43 PM AEDT| By Hina Chowdhary

Google and Saudi Aramco have joined hands to add the Kingdom to the global network of Google Cloud Platform. Under the deal, the technology giant would start selling its cloud computing services to the Saudi market through state-owned oil behemoth Ar...

 Ardern asked to tighten her belt amid new COVID-19 strain?

Ardern asked to tighten her belt amid new COVID-19 strain?

December 24, 2020 01:39 PM AEDT| By Team Kalkine Media

There have been increasing worries about a new strain of coronavirus in the UK, which is believed to be about 70% more transferrable. The strain is suspected of having either occurred in a patient in the UK or has been introduced from a country wi.....

 Did Apple Missed the Fortune by Refusing To Meet Musk When He Wanted To Sell Tesla (NASDAQ: TSLA)?

Did Apple Missed the Fortune by Refusing To Meet Musk When He Wanted To Sell Tesla (NASDAQ: TSLA)?

December 23, 2020 10:41 PM AEDT| By Kunal Sawhney

It was the darkest days for Elon Musk, and he had no options but to sell his company. But he could not as Apple Inc CEO didn’t have the time. Musk, the CEO of California-based electric vehicle and clean energy company Tesla Inc (NASDAQ: TSLA).....

 SoftBank Group floats blank check company for special acquisition

SoftBank Group floats blank check company for special acquisition

December 23, 2020 08:47 PM AEDT| By Kunal Sawhney

SoftBank Group Corporation has recently filed an application to float a blank check company with which it is expecting to raise an amount equivalent to $525 million. The fundraising via the blank check company may rise to $603 million if the underw.....

 Trump calls the ‘Covid stimulus package’ a disgrace, threatens not to sign it

Trump calls the ‘Covid stimulus package’ a disgrace, threatens not to sign it

December 23, 2020 05:45 PM AEDT| By Team Kalkine Media

The US President Donald Trump rejected the $900 billion coronavirus support package which was approved by a majority by leaders of both chambers of Congress. The aid includes desperately needed funds for the US citizens, but Trump wants the size of.....

 Apple on the road? Tech giant eyes car production by 2024

Apple on the road? Tech giant eyes car production by 2024

December 23, 2020 01:43 PM AEDT| By Edita Ivancevic

by anonymous Apple employees, as Apple refused to comment on future arrangements. Tech behemoth Apple Inc. is now planning to sink its teeth into car production. The firm aims to dabble in self-driving car technology and develop a passenger veh....

 OurCrowd-BNZ partnership to boost prospects for NZ startups

OurCrowd-BNZ partnership to boost prospects for NZ startups

December 23, 2020 01:19 PM AEDT| By Team Kalkine Media

OurCrowd, a global venture investing platform and the most active venture investor in Israel, and Bank of New Zealand (BNZ) entered into a partnership on 22 December. The collaboration will open the doors of OurCrowd's venture funds, companies, and.....

 US Congress Brings in Tighter Rules for Approving Jetliner Designs

US Congress Brings in Tighter Rules for Approving Jetliner Designs

December 22, 2020 07:22 PM AEDT| By Kunal Sawhney

The US Congress, in its year-end federal omnibus spending bill has incorporated significantly tighter rules for accepting jetliner designs after two fatal Boeing 737 MAX jet crashes in 2018 and 2019. The bill is expected to transform the way the Fe.....

 Fresh strain of virus cases in the UK leaves New Zealand worried

Fresh strain of virus cases in the UK leaves New Zealand worried

December 22, 2020 06:43 PM AEDT| By Team Kalkine Media

With COVID-19 creating havoc in 2020, people were looking ahead to find some respite from it in the upcoming period. However, with new variation of the virus being found in the United Kingdom, it seems to be far-fetched. Image Source: Shuttersto.....

 The Pfizer-Biontech Vaccine Gets EU Regulator’s Approval

The Pfizer-Biontech Vaccine Gets EU Regulator’s Approval

December 22, 2020 06:04 PM AEDT| By Team Kalkine Media

The coronavirus vaccine developed by Pfizer-BioNTech, which has already received regulatory authorisation for emergency use in at least 15 countries, including in Britain, Canada, and the United States, has been given conditional approval by the Eu.....

 Is Coronavirus Mutation Slower than Seasonal Influenza?

Is Coronavirus Mutation Slower than Seasonal Influenza?

December 22, 2020 05:06 PM AEDT| By Kunal Sawhney

UK officials have observed a new mutation of the coronavirus that is spreading rapidly and highlight that it is highly transmissible. Several countries across the globe are imposing lockdown and travel restriction to avoid the spread of the new, co.....

 Australian watchdog ACCC snubs Google’s undertaking over Fitbit deal

Australian watchdog ACCC snubs Google’s undertaking over Fitbit deal

December 22, 2020 04:24 PM AEDT| By Hina Chowdhary

Technology giants’ tussle with the Australian Competition and Consumer Commission (ACCC) continues as the regulator today announced that it had decided to reject Google’s undertaking proposal regarding Fitbit deal. The undertaking was is...

 Meridian’s activities resulted in a spike in electricity prices: Electricity Authority

Meridian’s activities resulted in a spike in electricity prices: Electricity Authority

December 22, 2020 04:17 PM AEDT| By Team Kalkine Media

A finding made by the Electricity Authority revealed that an undesirable trading situation (UTS) caused power prices to shoot up and extra fossil fuels to be burnt. In December last year, UTS happened for 3 weeks when Meridian Energy Limited (NZX: ME...

 NZX confesses cybersecurity was not up to par before the attacks

NZX confesses cybersecurity was not up to par before the attacks

December 22, 2020 03:46 PM AEDT| By Team Kalkine Media

The New Zealand Stock Exchange (NZX), recently, admitted that its cyber security standards may not have been up to the mark in the recent past as several new cases of cyber-attacks have made way.    Image source: Shutterstock ODESC to.....

 Allergic Reactions to Pfizer’s COVID-19 Vaccine Under FDA Scanner

Allergic Reactions to Pfizer’s COVID-19 Vaccine Under FDA Scanner

December 22, 2020 02:48 PM AEDT| By Hina Chowdhary

The US Food and Drug Administration (FDA) has initiated an investigation into the allergic reactions caused by Pfizer-BioNTech COVID-19 vaccination. The probe comes after people in various US states reported allergic reactions to the vaccine. Im.....

 China Shudders as Aussie Coal Boycott Causes Power Shortage

China Shudders as Aussie Coal Boycott Causes Power Shortage

December 22, 2020 02:19 PM AEDT| By Team Kalkine Media

Power outages, which were thought to be a thing of the past, have recently made a comeback, becoming the new normal in China. The residents of the Hunan and Zhejiang provinces have criticised the issue highly, with the Chinese social media platform.....

 After UK, New COVID-19 Strain Found in Australia, the Netherlands, and Denmark

After UK, New COVID-19 Strain Found in Australia, the Netherlands, and Denmark

December 22, 2020 12:54 PM AEDT| By Kunal Sawhney

Just as the world celebrated the launch of new COVID-19 vaccines, a new virus mutation detected which is highly contagious.  The new strain initially detected in parts of the UK, was also found in a few other nations. With the emergence of th.....

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