World news
Last call for cheap beer? Aussies to pay more for booze
February 01, 2022 06:00 PM AEDT| By Sukriti NairHighlights ATO hikes excise duty on alcohol from 1 February 2022. Tax on alcohol brewers and commercial premises is now in line with the recent CPI surge. The Australian beer tax is likely the fourth highest in the world. Beer at yo.....
Is taking salary in bitcoin becoming a new trend?
February 01, 2022 03:05 AM AEDT| By Farzan MoharkanHighlights Many politicians and celebs recently announced their plan to take salaries in bitcoin and other cryptocurrencies. Belgian lawmaker Christophe De Beukelaer said he would be the first in Europe to take salary in bitcoin. Last year, in.....
Everything you need to know about Winter Olympics 2022
January 31, 2022 08:29 PM AEDT| By Toshiva JainThe Winter Olympics 2022 is set to take place in Beijing this year. The sports gala begins on February 4 and will end on February 20. As the date of the long-awaited winter sports matches comes closer, there is a list of questions the world citizen.....
Ukraine crisis: Russia-US tensions heat up, oil supply woes to deepen?
January 31, 2022 05:39 PM AEDT| By Team Kalkine MediaThe ongoing tension between the US and Russia over Ukraine intensified further on Sunday as the US government sought to step up diplomatic pressure on Moscow. The US vowed to put Moscow on the backfoot at the United Nations Security Council (UNSC) .....
Omicron won’t be the last, next variant will be more virulent: WHO
January 29, 2022 01:14 AM AEDT| By Sanjeeb BaruahThe World Health Organization (WHO) has warned that more coronavirus variants lay in wait, stressing the importance of following covid guidelines, including social distancing and wearing masks. In a Q&A session, WHO’s technical head Mari.....
Why are businesses moving out of Myanmar?
January 29, 2022 01:10 AM AEDT| By Toshiva JainSince February 2021, a lot has been happening in Myanmar. As the world collectively fights the Covid-19 pandemic, this third world country has another life-threatening war going on. Last year, in February, the military took over the country in its .....
Keppel posts ‘highest in six years’ profit of SG$1.02 billion
January 28, 2022 09:37 PM AEDT| By Priyanka PayalHighlights Keppel Corporation posts a net profit of SG$1.02 billion for the entire year ended 31 December 2021. The conglomerate has proposed a final cash dividend of 21.0 cents per share. Keppel’s announcement also includes a share-buyb.....
Subsea 7 secures Shenandoah Project from Beacon Offshore Energy
January 28, 2022 01:43 PM AEDT| By Priyanka PayalHighlights Subsea 7 wins a ‘substantial’ project for Shenandoah Development from Beacon Offshore Energy. The project is valued between US$150 and US$300 million. In its third-quarter 2021 results, the company’s revenue rose 5.....
Australia offers LNG to Europe as Ukraine crisis raises supply worries
January 28, 2022 03:21 AM AEDT| By Farzan MoharkanHighlights As tension continues to rise between Europe and Russia over the Ukraine standoff, concerns are growing over the potential impact on energy supply. British PM Boris Johnson said the UK is working closely with President Joe Biden and o.....
Zuckerberg’s crypto ambitions fall apart as Meta considers selling off Diem
January 28, 2022 03:16 AM AEDT| By Shivani JoshiHighlights Facebook and 20 partner organizations formally joined the digital currency project during a meeting in Geneva in October 2019. Zuckerberg was summoned by the Federal Reserve to speak for the project and defend it in the light o.....
New Apple service to let businesses accept payment directly on phone
January 28, 2022 01:37 AM AEDT| By Farzan MoharkanHighlights Currently, merchants must use the payment terminals that plugin or communicate with the phone via Bluetooth to accept payment on the iPhone. Apple has also been working on a “buy now pay later” service. With the launch .....
Bentley all set to go electric!
January 27, 2022 08:45 PM AEDT| By Sonal GoyalHighlights Bentley Motors has reaffirmed that by 2050, the company will go completely electric. Bentley will be launching five EVs staring in 2025. The company will be investing around 2.5 billion pounds over the next decade for the “gam.....
Athletes to watch at Beijing Olympics 2022
January 27, 2022 02:49 PM AEDT| By Toshiva JainHighlights The Winter Olympics 2022 will kick start on February 4 and will continue till February 20. Top athletes of this season have had inspiring journeys, hail from small villages and have risen to become world leaders in their respective s.....
Japan’s Panasonic to invest US$700 mn for Tesla battery production
January 26, 2022 01:00 PM AEDT| By Versha JainHighlights Panasonic will produce next-gen lithium-ion batteries for Tesla from 2023. The Panasonic (OTC: PCRFY) stock was trading at around US$11.3 on Monday. Tesla, Inc. (NASDAQ: TSLA) stock was priced at around US$877. Japa.....
Is Jaycar Electronics eyeing an ownership change?
January 25, 2022 11:25 PM AEDT| By Sukriti NairHighlights Few media reports indicate a potential ownership change at Jaycar Electronics. Jaycar is a well-known electronics retail chain in Australia and New Zealand. Is the Australian electronics retailer, Jaycar, looking for a new owner.....
A journey into the future: How the world may look like in 2050
January 25, 2022 01:07 PM AEDT| By Aditi SahaHighlights Over the next few years, the number of smart cities around the world is predicted to explode. By 2050, smart cities will be home to 70% of the world's population. City: 2050 will be modernised, technologically advanced, and will mak.....
Reliance Industries (RIL) crafts roadmap for Indian EV market
January 25, 2022 05:06 AM AEDT| By Farzan MoharkanHighlights On Dec 31, 2021, Reliance Industries Ltd announced the acquisition of British battery manufacturer Faradion for 100 million pounds. Faradion, one of the leading global battery companies known for its sodium-ion battery technology, i.....
Who is Zara Rutherford & what should you know about her?
January 23, 2022 12:26 AM AEDT| By Toshiva JainHighlights Zara Rutherford has become the world’s youngest woman to travel the world solo. The Belgian-British teenager embarked on her journey on 18 August 2021, and she landed at Kortrijk-Wevelgem airport in Flanders on 20 January 2022......
In tit-for-tat move, US suspends 4 Chinese airlines in Omicron row
January 22, 2022 10:03 AM AEDT| By Versha JainThe US on Friday said it would suspend 44 China-bound flights from the US by Chinese carriers after Beijing suspended several American carriers over Omicron concerns. The US Transportation Department said it is suspending China-bound fligh.....
Intel to spend US$20 billion on new chip manufacturing hub in Ohio
January 22, 2022 05:33 AM AEDT| By Rupam RoyHighlights Intel to invest US$20 billion for building two new chip plants in Ohio. It will also invest an additional US$100 million to help build the manufacturing site in partnering with educational institutions. The project is expected to cr.....
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