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World news
Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data
March 08, 2021 03:25 PM AEDT| By Team Kalkine MediaSource:zstock,Shutterstock American pharmaceutical behemoth Merck (NYSE:MRK) and Ridgeback Biotherapeutics LP disclosed preliminary findings from Phase 2a double-blind, placebo-controlled, randomised trial for evaluating the safety, tolerability, an...
Wonder Women: Australian female CEOs who made a difference
March 08, 2021 03:16 PM AEDT| By Team Kalkine MediaSource: © Arrow | Megapixl.com Gone are the days when only men used to lead businesses accounting for almost all the senior executive posts. The current era is the one where females are giving healthy competition to their male counterparts acro...
Social Media Buzz: What Is VanEck Vectors ETF?
March 08, 2021 02:52 PM AEDT| By Mark O'DonnellSource: Peshkova ,Shutterstock A new ETF was launched last Thursday in the US. The ETF is designed to track the stocks receiving considerable social media mentions and attention. VanEck Vectors Social Sentiment ETF (BUZZ:NYSE Arca) is comprised...
Who topped the list of US Economic Freedom Index, who got axed
March 08, 2021 12:56 PM AEDT| By SonalSource: MotionEmo,Shutterstock Summary Heritage Foundation unveiled its annual ranking of freest economies in the world. Singapore tops the list with Vietnam stepping into moderately free category for the 1st However, Hong Kong was remov...
Will New Caledonian Deal Allay Tesla's Nickel Shortage Fears?
March 08, 2021 12:53 PM AEDT| By Team Kalkine MediaSource: franz12,Shutterstock Summary Tesla has secured greater control over nickel supply with the execution of a partnership with the New Caledonian government. The decision comes amid surging demand for electric vehicles and growing con...
Bitcoin Stays Below $50,000 As Worries Over Digital Yuan Resurface
March 07, 2021 09:09 PM AEDT| By Abhijeetrsquo;s expected launch of a CBDC has seemingly jeopardised the prospects of crypto-assets Bitcoin has been trading below the level of $50,000 for the last couple of days as worries surrounding the introduction of digital yuan resurfaced with th...
EU To Ask the US to Export AstraZeneca/Oxford Vaccine: Report
March 07, 2021 08:58 PM AEDT| By Suhita Poddarn programme in December but is lagging behind the UK and US due to a shortage of jabs. Unable to address the supply shortage of AstraZeneca’s Covid-19 vaccines, the European Union has turned to the United States to export the millions of d...
US President Biden rejoices as Senate clears $1.9 trillion Covid-19 relief package
March 07, 2021 04:41 PM AEDT| By Team Kalkine MediaSource: alafarm, Shutterstock Summary President Biden praised the efforts of the administration as Senate approved the $1.9 trillion relief package The unemployment benefits to the tune of $300 have been extended until September 2021 The...
What Brought Greensill Capital To the Brink of Insolvency Within Days?
March 07, 2021 02:16 PM AEDT| By AbhijeetSource: Indypendenz, Shutterstock Summary Greensill Capital is at the risk of insolvency, revealed documents produced in a court. The documents highlighted discrepancies in its £5.55-billion insurance of loans to its customers. &nbs...
VC Funds To Female-Founded Firms Drop Notably In 2020: Show Studies
March 07, 2021 12:32 PM AEDT| By Team Kalkine MediaSource: Worawee Meepian, Shutterstock Summary Venture funds to female-founded start-ups declined globally by around 27 per cent in 2020. The number of female-founded start-ups grew significantly since 2015. VC funds to such companies in the U...
US Stocks Edge Higher On Positive Jobs Report, Stimulus Hopes
March 06, 2021 12:19 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary S&P 500 gained 1.95%, Dow Jones was up 1.85%, and NASDAQ added 1.55%. Senate finalizes President Joe Biden’s US$1.9 trillion relief bill for approval. Brent crude oil futures rise as OPEC &am...
Electric Vehicles Then & Now: Tracing The Near 200-Year History
March 06, 2021 02:55 AM AEDT| By Shreya Biswas©Kalkine Group 2021 What’s the first thought that comes to your mind when you think ‘electric vehicle’? Expensive? Eco-friendly? Sleek? Have you ever thought, “Hmm, that’s from a couple of hundred years ago,&rdqu...
Can Stocks Beat Inflation and Bond Worries To Wrap Up The Week?
March 05, 2021 09:31 PM AEDT| By Ipsita SarkarSource: macgyverhh, Shutterstock Summary Rising treasury bond yields may continue to play spoilsport for the stock markets. Improvement in the economy has opened doors for other investment options. Fed likely to maintain an easy monetary poli...
Did you miss these updates on Oxford University-AstraZeneca’s COVID-19 Vaccine?
March 05, 2021 03:34 PM AEDT| By Team Kalkine MediaSource:Viacheslav Lopatin,Shutterstock Summary German vaccination authority has given the green light to Oxford-AstraZeneca’s COVID-19 vaccine for use in seniors. Canada has received the initial shots of the Oxford-AstraZeneca COVID-19 v...
Tsunami alert lifted in NZ, residents asked to return to homes
March 05, 2021 02:31 PM AEDT| By RomaSource: FocusDzign ,Shutterstock Summary With Tsunami warning subsided, people asked to return to homes in New Zealand. This comes after a series of earthquakes gave rise to Tsunami threats in North Island. Though Tsunami warning is over...
NZ to Vaccinate South Auckland & Tamaki Makaurau Residents Soon
March 05, 2021 02:14 PM AEDT| By Team Kalkine MediaSource:solarseven ,Shutterstock With just around 9,431 receiving the first shot of Pfizer/BioNTech Covid-19 vaccine as on Tuesday (2 March), New Zealand is all set to administer the vaccine to the other priority groups. Source: Copyright © 2...
4 Foreign Stocks Hitting It Out Of The Park In The US
March 05, 2021 01:56 PM AEDT| By Mark O'Donnellbled as it firmly establishes itself as the go-to e-Commerce brand across South America. Investors have typically been conservative while acquiring foreign stocks, preferring to stick with home-based businesses. Source: © Danp68 | Megapi...
US Stocks End Lower Amid Recovery Woes, Mortgage Rate Spike
March 05, 2021 08:46 AM AEDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary S&P 500 was down 1.34%, Dow Jones shed 1.11%, and NASDAQ plunged 2.11%. Ten-year treasury bond yields were up 5.33% to 1.548 on Thursday. The 30-year mortgage rates rose...
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Will ByteDance Bite The Bait of China’s Lucrative Auto Space?
March 05, 2021 08:24 AM AEDT| By Ipsita Sarkare. QCraft executives previously worked at Tesla and Uber. Chinese social media giant ByteDance Ltd. could be eyeing to grab a slice of China’s expanding auto industry, dubbed as world’s largest vehicle market. The owner of the TikTo...
Meme Stocks Can Backfire, Just Look At Hertz
March 05, 2021 03:35 AM AEDT| By AnujSource: JomNicha, Shutterstock Before the Reddit-fueled rally of 2021, retail traders had heavily boosted the penny stocks of bankrupt rental car firm Hertz Global Holdings (HTZGQ:US, OTCPK: HTZGQ) in 2020 to reap maximum profits. Fast forward to T...
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