News
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.....
Chancellor Sunak announces lockdown grants of £4.6 billion to support businesses and jobs
January 06, 2021 03:53 AM AEDT| By Team Kalkine MediaChancellor of the Exchequer Rishi Sunak on Tuesday, 5 January, announced “lockdown grants” to the tune of £4.6 billion in order to support the businesses and related jobs that will be affected by the newly imposed national lockdown....
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.....
Ireland’s national house price inflation surges by more than 6% in Q4 2020
January 06, 2021 12:25 AM AEDT| By Hina ChowdharyThere has been an increase of more than 6 per cent in the national house price inflation in Ireland for the fourth quarter of 2020. As per the latest house price report from My Home.ie, the price has risen at the fastest pace in almost three years .....
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.....
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.....
Australian job ads soar to 18-month high: What does it mean for economy?
January 05, 2021 05:26 PM AEDT| By Team Kalkine MediaWith job advertisements hitting an 18-month high in December, the economy is expected to see a sustained recovery in employment going ahead. According to the job advertisement data from Australia and New Zealand Banking Group released on Tuesday, 5.....
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.....
Will 2021 Bring Respite for Last Year’s Worst Performing Commodities?
January 05, 2021 04:43 PM AEDT| By Team Kalkine Media2020 was the year of commodities. The broad segments of industrial, precious and energy commodities witnessed the consumption-demand shock, on the back of widespread lockdown measures and reduced industrial activities during the year. The price of.....
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.....
Sandvik to acquire DSI Underground for US$1.15bn
January 05, 2021 12:49 PM AEDT| By Team Kalkine MediaStockholm based Sandvik announced the acquisition of German underground industry leader, DSI Underground for US$1.15bn. The deal is anticipated to complete in mid-2021. Sandvik will own a 100% stake in DSI underground subjected to necessary regulato...
What’s the reason behind the rally in Perth’s real estate prices?
January 05, 2021 12:00 PM AEDT| By Edita Ivancevics, sellers, and investors, who are likely to purchase investment properties. Experts believe that properties in Perth will increase by 10 per cent in price, as the Western Australia capital is experiencing a high demand for sales of houses due t...
Stricter Lockdown Rules Could Be Imposed in England, Says Hancock
January 05, 2021 03:57 AM AEDT| By Kunal SawhneyEngland could witness stricter lockdown restrictions in the next few weeks with the invariably rising coronavirus cases at a time when the nation has just started inoculating the vulnerable patients with the Covid-19 vaccine co-developed by.....
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.....
Ireland’s manufacturing sector shows growth in December, reveals survey
January 04, 2021 11:00 PM AEDT| By Kunal SawhneyThe latest survey results published by the AIB and IHS Markit show that the Ireland's manufacturing sector has shown a good growth momentum in December as the businesses prepared for the end of the Brexit transition period by stocking up supplies a.....
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.....
Bitcoin, Ethereum, Dogecoin & Ripple: How Are Cryptocurrencies Faring?
January 04, 2021 10:55 PM AEDT| By Hina ChowdharyCryptocurrencies are rallying worldwide, led by the unprecedented surge in Bitcoin, which outperformed all asset classes in 2020. The largest cryptocurrency breached US$ 34,000-mark on January 3, jumping by 7.8 per cent within 24 hours. Meanwhile, t...
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