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World news
FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut
January 19, 2021 01:56 PM AEDT| By Team Kalkine MediaFiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world. The USD 52 billion deal was finalised after a discussion for over a year. Source © Kalkin.....
Is NZ Tractor Industry ready to move ahead with full speed in 2021?
January 18, 2021 10:27 PM AEDT| By Kunal SawhneyLike most other industries that witnessed disruption due to COVID-19, the tractor industry had also witnessed a lull in business. There was a 15.3% downfall in the sale of tractors in 2020 as compared to 2019. Image Source: Shutterstock Tracker.....
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Trump admin greenlights Land Swap for Resolution Copper Project
January 18, 2021 07:58 PM AEDT| By Kunal SawhneyTrump administration is on a mining approval spree and the latest to reap benefit is the Resolution Copper project in the state of Arizona. The outgoing Trump regime has approved a land swap for a copper mine, which is anticipated to boost the domest...
Medsafe, its Norwegian counterpart in touch to study side effects of Pfizer-BioNTech vaccine
January 18, 2021 06:01 PM AEDT| By Team Kalkine MediaNew Zealand health officials became cautious following the deaths that occurred due to COVID-19 Pfizer-BioNTec vaccine in Norway. Medsafe, the Medicines and Medical Devices Safety Authority, which is also looking at the efficacy and safety of COVI.....
Trump administration halts supplies to Huawei, says Reuters
January 18, 2021 03:35 PM AEDT| By Team Kalkine MediaThe Trump administration has informed Huawei suppliers and Intel that is cancelling some permits to sell to the Chinese firm. It further aims to reject several other applications to supply the telecommunication company. The step taken by the Trump.....
Growing Safety Concerns around Pfizer-BioNTech’s Vaccine; here’s what you need to know
January 18, 2021 12:43 PM AEDT| By Team Kalkine MediaThe COVID-19 vaccine, jointly developed by Pfizer Inc (NYSE:PFE) and BioNTech SE’s (Nasdaq:BNTX), has come under the spotlight with doubts being raised concerning the vaccine’s safety profile. The mRNA-based vaccine candidate, BNT162b2.....
Will the World be Able to Put The Kibosh on COVID-19 in 2021?
January 17, 2021 12:55 AM AEDT| By Kunal SawhneyAt the end of 2019, a devastating monster virus sneaked into our lives. First, it gripped the emerging global superpower China, and before any country could sense the danger, the virus had spread across the world. Extensive .....
Why are non-auto majors hopping onto autonomous car bandwagon?
January 17, 2021 12:48 AM AEDT| By Team Kalkine MediaYou order a ride from Uber, and within a few minutes, a car arrives to pick you up. Once you hop in, you are surprised to see there is no one at the driver’s seat. Yes, welcome to the world of autonomous or self-driving cars. Many believe th.....
The Who’s Who of Joe Biden’s US Cabinet
January 17, 2021 12:29 AM AEDT| By Team Kalkine MediaUnited States President-elect Joe Biden is set to take over the White House next week and his nominated list cabinet members are at the ready. With Democrats having a majority in the Senate, Biden is likely to get the people he has nomin...
Is Solar and Wind Energy a threat to Crude oil industry?
January 17, 2021 12:25 AM AEDT| By Kunal SawhneySummary Solar and Wind are making strides in world energy basket. The global installed capacity of renewable energy was 2,537 GW at the end of 2018 as per IRENA. The installed capacity of solar and wind power generation surpassed 578,533 MW 622.....
25th Amendment Explained: What is it and How does it work?
January 16, 2021 04:09 AM AEDT| By Team Kalkine MediaMany unpleasant events have unfolded since the most talked-about 2020 US presidential election outcomes. But the recent mayhem at the Capitol Hill in Washington stunned the world. The march of Trump's supporters into the Capitol Hi.....
The rise of Robinhood in 2020 amid controversies
January 16, 2021 03:58 AM AEDT| By Team Kalkine MediaThe year 2020 had been volatile for the stock market. The share market was gripped by fear and massive uncertainty throughout the year, adding to the market volatility. New or first-time traders saw a lot of opportunities in such a market c.....
Gunvor Clinches Big Oil Deal with Russia’s Rosneft
January 15, 2021 09:39 PM AEDT| By Hina ChowdharyGunvor, one of the world's largest independent commodities trading houses, has won a big tender for the first time in eight years from Russia’s largest oil firm Rosneft. The Switzerland-based trading house is expected to carry out large volum.....
Are antibiotic-resistant superbugs more fatal than COVID-19?
January 15, 2021 04:04 PM AEDT| By Edita Ivancevicure, as some patients showed miraculous recovery after just a few weeks of trials. Ever since coronavirus affected the first human being and caused the first fatal case, scientists have put their entire focus on combatting the novel virus. Howe...
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 15, 2021 03:50 PM AEDT| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....
Xiaomi shares slip after the US investment ban
January 15, 2021 03:41 PM AEDT| By Team Kalkine MediaCranking up pressure on Beijing, the United States’ Department of Defence has blacklisted nine Chinese companies, including Xiaomi Corporation. The US investors would be barred from investing in the alleged “Communist Chinese military c.....
What’s Inside Joe Biden’s US$1.9 Trillion Coronavirus Rescue Package?
January 15, 2021 02:24 PM AEDT| By Kunal SawhneyA long-raging presidential battle packed with a series of overturning events appears to be finally over, and Joe Biden is expected to take oath as the US President in a public ceremony on 20 January 2021. However, before assuming his office, Joe Bi.....
The spotlight on Affirm and its bearing on the Market
January 15, 2021 01:36 PM AEDT| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
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Tesla (NASDAQ: TSLA) Asked to Recall 158,000 Vehicles Over Safety Issues
January 14, 2021 07:55 PM AEDT| By Team Kalkine MediaUS regulator National Highway Traffic Safety Administration has asked EV carmaker Tesla to recall 158,000 vehicles due to safety concerns in the display module that can cause critical failures. It is important to note that electric mobility is sti.....
Snapchat slaps permanent ban on Trump over Capitol Hill riots
January 14, 2021 07:50 PM AEDT| By Team Kalkine MediaThe recent incident in Capitol Hill has gone quite against the US President Donald Trump, with the outgoing president facing heaps of backlash from congress, judiciary as well as from many tech companies. The vandalism staged by Trump supports at .....
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