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World news
Why is SF Holdings Eager to Acquire Kerry Logistics Network?
February 10, 2021 10:14 PM AEDT| By Kunal SawhneyChinese multinational delivery services and logistics company SF Holdings Company (SHE: 002352) has recently expressed its intention to buy a controlling stake in Hong Kong-based logistics company Kerry Logistics Network. In a bid to bolster its g.....
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Elon Musk drops hints on the timing of Starlink IPO
February 10, 2021 06:54 PM AEDT| By Team Kalkine MediaBusiness tycoon Elon Musk had a blockbuster 2020. His company Tesla, the world's leading electric car maker, broke records when it entered S&P 500 last year. Early in 2021, Musk became the world's wealthiest person, overtaking Amazon's founder .....
New Zealand gives final go-ahead to Pfizer-BioNtech’s COVID-19 vaccine
February 10, 2021 04:11 PM AEDT| By Team Kalkine MediaNZ Government gave its formal authorisation to Pfizer COVID-19 vaccine on Wednesday. Chris Hipkins COVID-19 Response Minister stated that Cabinet had given its consent to Pfizer/BioNTech vaccine and arrangements were ongoing to rollout the vaccine.....
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INSIGHTEC’s MR-guided focused ultrasound treatment approved by China’s NMPA
February 10, 2021 02:02 PM AEDT| By Team Kalkine MediaA global medical technology innovator INSIGHTEC Inc updated the market that the Company has obtained market approval from the National Medical Products Administration (NMPA) for its Exablate Neuro platform. NMPA is a Chinese agency which focu.....
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US Markets End Flat After Early Losses; NASDAQ Gains on Tech, Energy Boost
February 10, 2021 09:14 AM AEDT| By Team Kalkine MediaS&P 500 and Dow Jones saw several ups and down during the trading session, dragged by the cyclical and utilities sectors, to end flat on Tuesday. The tech-heavy NASDAQ held its ground to shrug off the downward trend, as the anticipation of the .....
New Zealand to Impose Fundamental changes in its Relationship with Myanmar
February 10, 2021 03:49 AM AEDT| By Kunal SawhneyPrime Minister Jacinda Ardern made her stance about Myanmar clear at the press conference held post the cabinet session. As revealed by Nanaia Mahuta the foreign minister, there is going to be some major changes in the way New Zealand conducts itse.....
Why has China banned popular social media app Clubhouse?
February 09, 2021 09:08 PM AEDT| By Team Kalkine MediaThe social media app Clubhouse was blocked in China on 8 February following a brief period of unrestricted access. It is a voice-based app, which is only available for iPhone users, where people can share audio clips and share their updates or conc.....
Amazon’s green energy initiative: strikes deal to buy over 380MW of clean power
February 09, 2021 07:09 PM AEDT| By Team Kalkine MediaOnline retail giant Amazon (NASDAQ:AMZN) has progressed further on its commitment to make the Company a net-zero carbon emitter by 2040. The Seattle-headquartered firm signed an agreement to purchase 380MW of green energy produced from an offshore .....
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Tesla jumps on Bitcoin bandwagon, how is the crypto currency looking on charts?
February 09, 2021 06:25 PM AEDT| By Kunal SawhneyA big shot in the arm for Bitcoin bulls, the world’s biggest automobile company, by market cap, Tesla has invested USD 1.5 billion in Bitcoin. Copyright © 2021 Kalkine Media Pty Ltd The twitter discussion between Michael J. Saylor (Co-...
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SoftBank Q3 Net Profit Swells to $11 Billion On The Back Of Vision Funds
February 09, 2021 04:42 PM AEDT| By Team Kalkine MediaJapanese telecom and e-commerce conglomerate SoftBank Group Corp. has recorded one of the best earnings quarters ever. This huge success has been underpinned by clever investments in key assets through some of the company’s signature funds. .....
How global chip shortage is denting auto production plans
February 09, 2021 01:58 PM AEDT| By Team Kalkine MediaThe hopes for a speedy recovery in the automotive industry seem to be in jeopardy again. The global automakers were hit hard by the pandemic and had just begun to bounce back from its aftermath; however, another challenge has sent the industry into.....
Why US stock indices are trading at record highs
February 09, 2021 08:45 AM AEDT| By Kunal SawhneyThe three major US stock indices closed at record high levels on Monday amid hopes around additional coronavirus stimulus and economic recovery. The investors were optimistic after Treasury Secretary Janet Yellen said the United States could return.....
Graphcore Calls on UK Regulator to Block Nvidia-Arm Acquisition
February 08, 2021 10:03 PM AEDT| By Kunal SawhneyUS-based computer systems design services company Nvidia Corporation (NASDAQ: NVDA) has got fresh resistance from Microsoft-backed Graphcore, which is an AI accelerator and machine learning chip developer, regarding the acquisition of Briti.....
Hyundai, Kia Deny EV Collaboration Reports with Apple
February 08, 2021 09:48 PM AEDT| By Team Kalkine MediaKorean automotive manufacturers Hyundai Motor Company (KRX: 005380) and Kia Motors (KRX: 000270) denied reports of partnership negotiations with technology giant Apple (NASDAQ: AAPL) to develop self-driving electric vehicles, in separate regulatory.....
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Vocus receives a takeover bid from Macquarie Infrastructure
February 08, 2021 08:50 PM AEDT| By Team Kalkine MediaSydney- based fibre network owner Vocus Group Ltd (ASX: VOC) has announced that it has received a takeover offer from Macquarie Infrastructure and Real Assets Holdings Pty Ltd (MIRA) for A$3.42 bill.....
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How Nickel Dispute Uncorked a Political Storm in French-ruled New Caledonia
February 08, 2021 07:57 PM AEDT| By Kunal SawhneyThe French-controlled island of New Caledonia is going through a political turmoil after its government collapsed after dispute over nickel assets sale. The crisis originated when five out of the total 11 members of the government executive resigne.....
South Africa suspends Oxford-AstraZeneca vaccine rollout
February 08, 2021 06:40 PM AEDT| By Team Kalkine MediaSouth Africa has temporarily suspended the rollout of Oxford-AstraZeneca vaccine after a study claimed that the vaccine provided minimum protection against the new Covid-19 variant detected there. These are early trail results of a new st.....
Siemens Gamesa grabs a piece of UK’s lucrative wind generation market
February 08, 2021 04:47 PM AEDT| By Hina ChowdharyBelfast-headquartered Scottish Power Renewables (SPR) has shortlisted Spain-based Siemens Gamesa Renewable Energy, S.A. (SGRE) to supply and install more than 200 14MW+ turbines for East Anglia Hub. The total project cost is £.....
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All You Need To Know About Kuaishou That Made a Splash with $5bn IPO
February 08, 2021 12:43 PM AEDT| By Kunal SawhneyThe post-pandemic period would belong to technology. Lending weight to this notion is the recent enormously successful debut of Chinese firm Kuaishou Technology that offers a video-sharing mobile app. Last week on 5 February 2021, Kuaishou Technol.....
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Three US giants declaring earnings this week
February 08, 2021 08:41 AM AEDT| By Team Kalkine MediaThe earnings season in the US is going on, and this week could be crucial as three of the market’s favourites are about to declare their earnings. The social media giant Twitter Inc. (NYSE:TWTR) would be the first of the three to come out wit.....
