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World news
Generali acquires AXA’s Greek Operation AXA Insurance SA for $202.9m
December 31, 2020 11:33 PM AEDT| By Kunal SawhneyAssicurazioni Generali SpA has signed an agreement on 31 December to acquire the Greek subsidiary of AXA SA, AXA Insurance SA. The total consideration of the deal amounts to 165 million euros ($202.9 million), which is 12.2 times the company’.....
WHO warns coronavirus can become endemic; a wake-up call for 2021?
December 31, 2020 03:00 PM AEDT| By Kunal SawhneyThe ongoing COVID-19 pandemic has taken innumerable lives and caused enormous disruption to economies, families, and societies worldwide. According to the World Health Organization (WHO), there have ~80.77 million confirmed COVID-19 cases, includin.....
‘Ripple’ effect; Genesis suspends XRP trading after SEC lawsuit
December 31, 2020 02:02 PM AEDT| By Hina ChowdharyConsidering the recent lawsuit by SEC (U.S. Securities and Exchange Commission) against the enterprise blockchain company Ripple, Genesis has suspended XRP trading. However, XRP derivatives market for Genesis would keep on trading like before. Th.....
Fashion legend Pierre Cardin breathes his last at 98
December 31, 2020 12:48 PM AEDT| By Kunal SawhneyFrench couturier Pierre Cardin, who was known for his new and surprising designs, passed away at the age of 98 on Tuesday. The designer had become famous for bringing luxury fashion to the masses. He designed avant-garde style clothes and preferred.....
How is ESG impacting mining companies?
December 31, 2020 12:28 PM AEDT| By Team Kalkine MediaThe metals and mining arena is progressively presented with environmental, social and governance (ESG) concerns which include critical issues around discharges, water usage, deforestation, and community relations. ESG is a comprehensive approach t.....
Biden's $2 trillion green plan to soon be a political reality?
December 31, 2020 12:23 PM AEDT| By Hina ChowdharyThe newly elected United States president, Joe Biden’s ambitious $2 trillion green plan might be reaching a political reality for transitioning from the oil industry. The Biden plan to build sustainable infrastructure and economy had been one o...
Growing role of AI in healthcare: Pharma giants make big investments in 2020
December 31, 2020 12:22 PM AEDT| By Team Kalkine MediaHealthcare industry is already using artificial intelligence (AI) to diagnose diseases and analyse patients’ data and scans. Now, pharma and biotech players are also harnessing AI for the development of new therapies. Artificial intelligence .....
The Very First Boeing 737 Max Commercial Flight Takes Off In Nearly Two Years!
December 31, 2020 12:08 PM AEDT| By Team Kalkine MediaBoeing’s 737 Max has finally returned to the skies in the US with American Air. It’s return to commercial service in the US comes after nearly two years, since the two deadly crashes prompted one of the nation’s longest aircraft g.....
2020: The year tech giants took healthcare space by storm
December 31, 2020 11:56 AM AEDT| By Kunal SawhneyMedical technology is transforming the pharmaceutical and biotech sector. The big technology giants have shown interest in the healthcare industry with the accelerated technology adoption amid the ongoing COVID-19 pandemic. Many technology behemot.....
Unicaja and Liberbank sign a deal to form Spain's fifth largest bank
December 30, 2020 10:28 PM AEDT| By Hina ChowdharySpanish lenders Unicaja SA and Liberbank SA are all set to form Spain’s fifth biggest bank by assets with the approval of an all-in share deal by the boards of directors on both the sides. Both the companies have given a nod on 29 December to.....
Senator McConnell rejects stimulus check increase to US$2000
December 30, 2020 04:37 PM AEDT| By Kunal SawhneyAfter the House voted in favour of the stimulus check increase as per Trump's demand, the legislation is stuck at the Senate level. On 29 December 2020, Senate Majority Leader Mitch McConnell obstructed Democrats' effort to immediately increase the C...
A snapshot of 20 most valuable companies on NASDAQ
December 30, 2020 02:05 PM AEDT| By Team Kalkine MediaNASDAQ is a stock exchange based in New York, United States of America. It is one of the leading stock exchanges in the world where many technology companies aspire to list. It has also pioneered the electronic stock market, being the world’s f...
Intel shares closed higher after agreeing with Third Point LLC
December 30, 2020 12:55 PM AEDT| By Kunal SawhneyIntel Corporation shares closed 4.93% on Tuesday in the US after the company acknowledged to improve ‘shareholder value’ and work with Third Point LLC towards the goal of enhancing shareholder value. Source: MegapixlTM Third P.....
US reports first case of the highly contagious new COVID-19 strain
December 30, 2020 12:50 PM AEDT| By Hina ChowdharyThe US reported its first case of the new COVID-19 strain on 29 December. The highly contagious strain was first detected in the UK and led to travel restrictions and widespread lockdown in the European nation. Health officials stated that the new.....
Ørsted A/S to Divest 50 Per Cent Stake in Its Taiwanese Offshore Wind Farm
December 29, 2020 11:24 PM AEDT| By Kunal SawhneyDenmark-based power company Ørsted A/S has decided to sell a 50 per cent stake in its 605MW Greater Changhua 1 offshore wind farm in Taiwan, to a group consisting of global investor Caisse de Depot et Placement du Québec (CDPQ) and pr.....
SAP SE to Make Its Subsidiary Qualtrics International Go Public
December 29, 2020 07:27 PM AEDT| By Hina ChowdharyIn a move to boost its business, German software company SAP SE said it is going to take its US-based subsidiary Qualtrics International Inc. for listing in stock markets. SAP SE said the public listing of Qualtrics is expected to put the valuatio.....
House gives the green signal to USD 2,000 stimulus check. Will it cross the Senate’s hurdle?
December 29, 2020 03:25 PM AEDT| By Team Kalkine MediaOn 28 December 2020, the House voted in favour of an increase in the stimulus checks from USD 600 to USD 2,000. Two hundred and seventy-five members voted in approval of the bill, whereas 134 voted against it. Despite being cleared by the House of .....
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New Zealand splurge ~NZ$62M on Boxing Day Shopping, slight decline from 2019
December 29, 2020 03:20 PM AEDT| By Team Kalkine MediaThe holiday season usually brings big spending from the Kiwis and Boxing Day is one of the shopping events to find the best bargains, with supermarkets flooded with shoppers. Even though the Kiwis spent less than last year on the Boxing Day sales,.....
NSW govt makes QR code system mandatory for businesses in 2021
December 29, 2020 03:08 PM AEDT| By Team Kalkine MediaNSW health minister Brad Hazard has announced that it is mandatory for all the businesses to use the NSW Government QR code system from 1 January 2021. Starting from the new year, every business in the New South Wales region will have to set u...
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New Zealand all set to mask up better than ever before
December 29, 2020 02:18 PM AEDT| By Team Kalkine MediaThe world has gone through major changes this year due to coronavirus pandemic. This has forced people bring about important lifestyle changes in their lives, and one of them is wearing masks in public. It is one of the most crucial form of p.....
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