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SPAC IPOs top US$100 billion in 2021
April 22, 2021 02:00 PM AEST| By Furquan MoharkanSummary The IPOs through the SPAC route have raised more than US$100 billion annually There has been a huge surge in volume as well However, the average ticket size has dipped by 3.3% The initial public offerings (IPOs) through the specia.....
Will Opening of Trans-Tasman Bubble Serve Its Purpose?
April 22, 2021 01:56 PM AEST| By Team Kalkine MediaSummary With the opening of Tasman borders, people across both sides of the counties are elated to meet their loved ones after more than a year. The Resumption of the Auckland-Hobart flight route after 23 years brings thrill and excitement amon.....
UiPath Share Price Leaps 23% on NYSE Debut
April 22, 2021 01:40 PM AEST| By Team Kalkine MediaSummary UiPath shares surged 23% on the New York Stock Exchange debut on Wednesday. The company and its shareholders raised US$1.3 billion in one of the biggest software IPOs in the US. The firm sold almost 24 million shares to investors at US.....
Tesla car crash sparks off a debate about self-driven car’s safety parameters
April 22, 2021 11:17 AM AEST| By RomaSummary Elon Musk reacts to the Texas car crash in a tweet. Concerns about self-driven cars’ safety spark. One of the victims identified was a Doctor. With the recent Texas car crash that involved a self-driven Tesla Car, there were.....
What’s powering Dogecoin’s astronomical April rally?
April 22, 2021 11:08 AM AEST| By Team Kalkine MediaSummary With Dogecoin price hitting an all-time high, fans celebrated 20 April as 'Doge Day'. The meme-based cryptocurrency recorded a new high of US$0.42 per unit on Tuesday. The market cap of Dogecoin crossed US$50 billion, higher than that .....
Volkswagen Enters EV Space, Set To Unveil ID.4 GTX Model
April 22, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Volkswagen will soon unveil one of its first performance electric vehicles, ‘4 GTX’. The new model will be sportier in appearance with a lower ride height. The car is ready to be launched on 28 April 2021. Source: &c.....
3 Lessons To Learn From Chauvin’s Conviction In George Floyd Case
April 22, 2021 02:17 AM AEST| By Team Kalkine MediaThe world watched on Tuesday, April 20, as former Minneapolis police officer Derek Chauvin was convicted of murder and manslaughter in the George Floyd case. The 12-member jury, comprising six white and six black or multiracial people, found Chauvin...
Unabated COVID-19 surge spooks foreign investors in India
April 21, 2021 05:13 PM AEST| By Furquan MoharkanThe unabated surge of COVID-19 in India has spooked many people, including the foreign investors, even as Indian Prime Minister Narendra Modi tried to allay fears about a new lockdown. Modi’s 15-minute address on 8.45 pm IST on Tuesday faile.....
Netflix misses subscriber growth targets
April 21, 2021 03:15 PM AEST| By Furquan MoharkanSummary Netflix misses the subscriber guidance of 210 million users The Company is facing challenges as economies open up Revenues continue to show double-digit growth The Silicon Valley-based content platform – Netflix Inc (NASDAQ:.....
New Zealand Announces Plans To Centralise Healthcare System
April 21, 2021 02:23 PM AEST| By RomaSummary New Zealand Health care sector announcement takes the nation by surprise. Government offers new plans to reduce stress on healthcare workers. New Maori Healthcare reforms also included in the latest announcement. In a breakthrough.....
Global Players Charging Up Amid EV Race
April 21, 2021 02:01 PM AEST| By Team Kalkine MediaSummary Many countries are aiming to reach net-zero emissions by 2050 and have introduced new CO2 emission standards have bolstered the EV market. Last year, Tesla Inc. sales reached almost 0.5 million, a milestone set by the US automaker.....
Is NZ Tourism Industry Ready For The Influx Of Tourists Post The Commencement Of Trans-Tasman Bubble?
April 21, 2021 01:26 PM AEST| By Team Kalkine MediaSummary The opening of the Trans-Tasman travel bubble has been a witness to an influx of AU tourists across the New Zealand shores. The NZ tourism industry has long waited to get the much-needed economic boom, which otherwise was on hibernation.....
Why Netflix remains the king of streaming giants
April 21, 2021 11:08 AM AEST| By Team Kalkine MediaOnline streaming sites have been gaining steam since the COVID-19 pandemic arrived. The huge success of Netflix prompted many Over-the-Top (OTT) players to test their luck in the subscription-based streaming business. Players such as Walt Disney (N.....
Juventus Shares Slip 9% After 18% Gain on Super League Inclusion Plans
April 21, 2021 12:08 AM AEST| By AbhijeetSummary Shares of Juventus FC SpA retreated sharply in the afternoon deals on Tuesday, 20 April The stock witnessed immense selling pressure in the wee hours of trading On 19 April, shares of Manchester United and Juventus rallied on Super Lea.....
Semiconductor Shortage Chipping Away at EV industry Production
April 20, 2021 07:17 PM AEST| By Team Kalkine MediaSummary The global auto industry is facing an acute shortage of semiconductors, derailing production estimates for 2021. The coronavirus pandemic-induced challenges hit supply chain of semiconductors last year. Though the auto industry picked u.....
Australia-NZ resume quarantine-free travel even as COVID-19 lingers
April 20, 2021 07:09 PM AEST| By Team Kalkine MediaSummary The travel bubble eliminates the mandatory requirement of 14-day quarantine for the travellers. Post announcement, several travel companies’ share jumped like Qantas and Auckland International airport. A day after the announc.....
The Monumental Trans-Tasman Touchdown
April 20, 2021 06:14 PM AEST| By RomaSummary Trans-Tasman Bubble finally opens, first flight touched down successfully. People from both the countries welcomed the event with celebrations. Decision about other countries’ travel situation remains pending. There were the.....
Countries move to ban travel from India as COVID-19 unleashes havoc
April 20, 2021 01:31 PM AEST| By Furquan Moharkanour next week India reported more than 250,000 cases for three days in row The countries across the globe have started to ban travel from India, as the world’s second most populous country is grappling with heavy surge in the COVID-19 cas...
New Zealand Not Happy About Five Eyes Alliance Growth
April 20, 2021 12:17 PM AEST| By Team Kalkine MediaSource: Tang Yan Song, Shutterstock Summary The Five Eyes Alliance was formed for co-operation on signals intelligence. However, the member countries are giving opinions and raising concerns about issues outside the stated realm, such as Hong...
Trip.com Jumps on Hong Kong Debut
April 20, 2021 11:07 AM AEST| By Team Kalkine MediaSource: Oleksiy Mark, Shutterstock Summary Trip.com shares traded 4% higher from their issue price on the first day of trading in Hong Kong. Proceeds are planned to be used for the expansion of offerings and improving user experience and...
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