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World news
NZ farmers make a splash despite COVID-19 pandemic, eye a blockbuster 2021
January 06, 2021 03:52 PM AEDT| By Team Kalkine MediaDespite initial predictions that global trade was heading for a slowdown, New Zealand farmers had a good year in 2020. For an exporting country like New Zealand, the factor that caused fears in the farmers was that the demand would slow down, and t.....
Asian stocks slip as political uncertainty grips markets
January 06, 2021 03:50 PM AEDT| By Team Kalkine MediaWith uncertainty looming large over the outcome of Georgia Senate runoff elections, Asian stocks were trading largely in red at the time of writing. The crucial runoffs which would determine the Senate’s future, are too close to call, as per.....
China goes dark thanks to Coal Shortage Unfolds
January 06, 2021 01:49 PM AEDT| By Kunal SawhneySeveral cities across China are facing power outages as authorities limit usage in the wake of coal shortage. Image Source: Shutterstock The trade dispute between China and Australia is now showing some consequences with coal prices shooting high...
Tesla short sellers faced hefty losses in 2020
January 06, 2021 01:43 PM AEDT| By Kunal SawhneyDespite Tesla, Inc (NASDAQ:TSLA) share prices going up year after year, short-sellers have been sticking to their point of view. Usually, when investors continuously lose money, they stop wasting their time and effort after a while. Regardless, Tes.....
Medicinal cannabis industry in NZ is set to boom despite hurdles
January 06, 2021 12:37 PM AEDT| By Kunal SawhneyNew Zealand passed a law, making medical cannabis widely available to help treat patients for whom the drug was the sole option to provide relief in pain. The government eased prohibitions on the medication cannabidiol (CBD) in 2017, authorising g.....
Why Did UK PM Boris Johnson Cancel His Trip To India?
January 06, 2021 12:26 PM AEDT| By Team Kalkine MediaNew Year 2021 is full of hope with COVID-19 vaccine developments getting around, but it has not started on a good note, especially for the UK. In a televised address, UK Prime Minister Boris Johnson has instructed approximately 56 million people .....
Why the High-Profile Healthcare JV Haven is Falling Apart
January 06, 2021 12:19 PM AEDT| By Kunal SawhneyIn what is being deemed as a major setback for the health sector, the high-profile joint venture between Amazon, JPMorgan and Berkshire Hathaway has come to an end without achieving its objectives. The joint venture fiasco is reportedly being attri.....
NYSE reverses its plan to delist three Chinese telcos
January 06, 2021 10:56 AM AEDT| By Team Kalkine MediaThe New York Stock Exchange has reported that it will not delist into the three leading Chinese telecommunication companies. The stock exchange the previously had decided to not move with reported delisting plan as it consulted with relevant regul.....
Teledyne Technologies (NYSE: TDY) to acquire FLIR Inc (NYSE: FLIR) to create a super-sized sensor shop
January 06, 2021 03:26 AM AEDT| By Kunal SawhneyIn a joint statement, the industrial sensor giant, Teledyne Technologies Incorporated (NYSE: TDY) and FLIR Incorporated (NYSE: FLIR), an Oregon-based thermal imaging camera making company said that they have entered into a definitive agreement on 4.....
Which Australian suburbs have the most expensive homes?
January 05, 2021 08:42 PM AEDT| By Edita IvancevicImage Source: Pixabay Despite the coronavirus pandemic that has greatly affected the world, Australia is still going strong by presenting the optimistic GDP numbers and the real estate prices. Experts from the relevant fields have proven that Austr...
Sberbank Reports Mega Year for Trade Finance Unit
January 05, 2021 08:35 PM AEDT| By Kunal SawhneyThe banking sector grappled with challenges throughout 2020. From pandemic, rising debt pile, US-China row to the emergence of P2P lending platforms, the banks have seen it all. Despite the prevalent uncertainties, Russia's largest lender Sberbank.....
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62 Kiwis became instant millionaires in 2020—thanks to Lotto NZ
January 05, 2021 06:53 PM AEDT| By Team Kalkine MediaThe year 2020 made many New Zealanders richer, as they won millions of NZ dollars through Lotto wins. A big number of 62 New Zealanders became millionaires, out of which 28 were Powerball winners. Due to COVID-19, in many ways it was a tough year f.....
South African virus strain more dangerous than the UK mutant warn UK health officials
January 05, 2021 06:23 PM AEDT| By Team Kalkine MediaNew coronavirus mutation identified in South Africa is considered more infectious than the strain found in the UK. Experts say that there is no need to panic, even though the British Health Secretary, Matt Hancock, is very concerned about the late.....
Revealed: 10 most expensive suburbs in Sydney
January 05, 2021 05:02 PM AEDT| By Edita IvancevicImage Source: Pexels Sydney is one of the most expensive cities in the world, even though it is not the capital of Australia. Together with Melbourne, the houses in Sydney are ultra-pricey and rank among the least affordable cities in the whole wor...
Kiwi produced cheese might be named differently according to fresh EU laws
January 05, 2021 04:52 PM AEDT| By Kunal SawhneyThe local Kiwi cheese brands might undergo renaming process to abide by novel EU laws. It was recently reported that the European Union is looking to ban cheese makers from other countries from using their famous cheese names. Image Source: Shut.....
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COVID-19 hits NZ managed isolation with six new cases
January 05, 2021 03:07 PM AEDT| By Team Kalkine MediaEver since the Ministry came up with its last update on 3 December, six new COVID-19 cases have been reported in managed isolation in NZ. In its latest update, the Ministry of Health said that 2 cases had arrived from the UK while 1 case each came.....
China’s telecom shares dive after NYSE announces delisting
January 04, 2021 11:03 PM AEDT| By Team Kalkine MediaShares of Chinese telecommunications companies including China Mobile Communications Ltd (HKG: 0941), China Telecommunications Corp Ltd (HKG: 0728) and China Unicom (Hong Kong) Ltd (HKG: 0762) lost up to 5.6 per cent on Monday, 4 January, the first.....
Atlas Copco Acquires Nano Purification Solutions Brand
January 04, 2021 10:57 PM AEDT| By Hina ChowdharyAtlas Copco AB, a prominent name in the industrial tool industry, has acquired the operating business of compressed air and gas company Purification Solutions LLC and some of its associates. Purification Solutions LLC, which operates under the bra.....
Cyclone Imogen pummels Queensland; warning issued for Sydney
January 04, 2021 08:47 PM AEDT| By Team Kalkine MediaSevere thunderstorm has struck the north-west part of Queensland, generating winds of 105km per hour in the area. According to media reports, Cyclone Imogen kept shaking the houses in the locality, just like an earthquake. The tropical low intensifie...
Is Jack Ma Missing Since Criticizing Chinese Govt?
January 04, 2021 08:40 PM AEDT| By Team Kalkine MediaThe whereabouts of high-profile Alibaba founder Jack Ma has been the hot topic for a while now. Reports have it that the billionaire has been allegedly missing since criticizing the Chinese government, having not made any public appearances in over.....
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