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World news
World Climate Change Summit held; Jacinda Ardern Asks Countries to Follow NZ’s Lead
April 22, 2021 08:08 PM PDT| By RomaSummary The US initiates the Climate Change meeting of the world’s leading countries. The US President promises reduction of emissions by half in 2030. Jacinda Ardern urges other nations to join the cause. Earlier today, it was repo.....
Mahuta launches local government’s review targeting Kiwis’ well-being
April 22, 2021 07:43 PM PDT| By Team Kalkine MediaNew Zealand’s Local Government Minister Nanaia Mahuta has initiated a review of local government, which will evaluate its future. The review will explore how councils can keep and enhance the well-being of Kiwis in the group they serve in comin...
APAC shares under pressure as COVID-19, US LTCG woes weigh heavy
April 22, 2021 06:33 PM PDT| By Furquan MoharkanThe shares across the Asia-Pacific (APAC) region opened in red on Friday morning, as sentiments were subdued due to the multiple global concerns. Australian benchmark index ASX 200 opened in red and was trading 24 basis points (bps) lower, at the .....
Technical Alert: IBM Successfully Pierces Through its Price Resistance
April 22, 2021 02:21 AM PDT| By Team Kalkine MediaSummary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistance level the stock hit a new 52-week high. The stock has broken the rising channel pattern on the.....
Are the Vaccines Working? When will Covid-19 end?
April 22, 2021 02:00 AM PDT| By Kiara KhannaThe deadly coronavirus pandemic was first reported from Wuhan, China in December 2019 and spread across the globe leaving economies of the biggest countries come to a standstill. No one had predicted what the outbreak could cost, and sadly it did c.....
SOS calls giving way to obits as COVID-19 rips through India
April 22, 2021 12:21 AM PDT| By Furquan MoharkanToday morning, I woke up to the devastating news of three fellow journalists passing away – all of them young. The trio fought a long battle with COVID-19 but succumbed to the monster virus. Among the three, I knew one personally, and other t.....
Apple launches new products, fails to impress investors
April 22, 2021 12:16 AM PDT| By Team Kalkine MediaSummary Apple Inc launched a series of new products including iPad Pro and iMac loaded with upgraded and high-tech features. Preorders can be booked from this week, and the shipments will begin later this month. US-based tech giant, A.....
SPAC IPOs top US$100 billion in 2021
April 21, 2021 09:00 PM PDT| 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 21, 2021 08:56 PM PDT| 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 21, 2021 08:40 PM PDT| 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 21, 2021 06:17 PM PDT| 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 21, 2021 06:08 PM PDT| 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 21, 2021 01:00 PM PDT| 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 21, 2021 09:17 AM PDT| 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 12:13 AM PDT| 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 20, 2021 10:15 PM PDT| 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 20, 2021 09:23 PM PDT| 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 20, 2021 09:01 PM PDT| 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 20, 2021 08:26 PM PDT| 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 20, 2021 06:08 PM PDT| 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.....
