News
OPEC forecasts downside risks in H1 2021 as it contemplates boosting supply
January 04, 2021 09:11 PM AEDT| By Kunal SawhneyThe Organization of Petroleum Exporting Countries (OPEC) members and their partners will be meeting today (4 January) to discuss output levels for the month of February. The meet will be held via the video-conferencing route. This comes after a pr.....
Cyclone Imogen pummels Queensland; warning issued for Sydney
January 04, 2021 08:47 PM AEDT| By Team Kalkine MediaSevere thunderstorm has struck the north-west part of Queensland, generating winds of 105km per hour in the area. According to media reports, Cyclone Imogen kept shaking the houses in the locality, just like an earthquake. The tropical low intensifie...
Is Jack Ma Missing Since Criticizing Chinese Govt?
January 04, 2021 08:40 PM AEDT| By Team Kalkine MediaThe whereabouts of high-profile Alibaba founder Jack Ma has been the hot topic for a while now. Reports have it that the billionaire has been allegedly missing since criticizing the Chinese government, having not made any public appearances in over.....
What does the post-Brexit era mean for the British and EU citizens?
January 04, 2021 08:39 PM AEDT| By Edita Ivancevicing rights. The United Kingdom officially moved out of the European Union on 1 January 2021, fully agreeing to the Brexit terms and conditions, which were voted for in 2016. However, the UK had left the EU earlier than 1 January. The EU, the UK...
What can revive New Zealand Dairy Market in 2021?
January 04, 2021 07:28 PM AEDT| By Mark O'DonnellTransformation of the New Zealand dairy sector is regularly discussed in farming circles, both by media, and the Government. A transformation is necessary for New Zealand farmers to better compete on the global stage, to ensure the sustainability and...
A Roller-Coaster Ride for Wall Street In 2020; What To Expect Ahead?
January 04, 2021 07:07 PM AEDT| By Team Kalkine MediaThe benchmark index S&P 500 has broken the ‘Rectangle Pattern’ at 3,602.50 level and prices made a new all-time high. After consolidating in the range for more than 3 months, the index registered a decisive breakout that suggests a .....
India greenlights two COVID-19 vaccines for emergency use
January 04, 2021 06:06 PM AEDT| By Kunal SawhneyIndian drug regulator has authorised two COVID-19 vaccines for millions of Indians. The approval was received just hours after the country initiated a trial run of its massive vaccination program. Covaxin and Covishield got consent by the DCGI (Dr.....
Commodities Gaining Strength from the Green Energy Drive
January 04, 2021 05:58 PM AEDT| By Team Kalkine MediaThe green ambition finally seems to be picking some pace and might emerge as a major theme for the year 2021 with Biden sweeping away the election result with Green Energy being one of his moot points. The green energy space might also get highlight...
Bushfires hit Perth suburbs, putting lives and homes at risk
January 04, 2021 05:44 PM AEDT| By Hina ChowdharyOn 4 January 2020, the Department of Fire and Emergency Services (DFES) set an emergency bushfire alert in Kwinana, Western Australia (WA). Crews in the WA region are simultaneously fighting three fires, two in greater Perth and another in Geraldton....
3 Chinese Telcos in the US off to a dismal start of 2021, booted out of NYSE
January 04, 2021 05:07 PM AEDT| By Team Kalkine MediaThe United States is intensifying its crackdown on Chinese companies listed on the US-based stock exchanges as three Chinese telcos are set to delist. Source © Kalkine Group 2020 Overseas companies can list their shares on the US sto.....
What’s in store for Aussie binge-watchers in January?
January 04, 2021 05:01 PM AEDT| By Edita IvancevicImage Source: Shutterstock As 2021 recently made its entrance slamming the door on 2020, streaming services will add to the new year joy by bringing a lot of new content to their platforms in January. Streaming platforms have signed up new deals fo...
Tesla in the fast lane: How the automaker drove its way into a stellar 2020
January 04, 2021 03:18 PM AEDT| By Team Kalkine MediaTesla Inc released a media statement on Saturday revealing its vehicle deliveries in 2020. Founder Elon Musk congratulated the Tesla team on Twitter for delivering 499,550 electric vehicles in 2020. The steady rise in the popularity and adoption of e...
Petroleum Helicopters International extends overseas foothold
January 04, 2021 02:31 PM AEDT| By Team Kalkine MediaPetroleum Helicopters International (PHI), Nelson-based international helicopter operator, established in 2017, provides customer-centric helicopter services and works across 4 continents. PHI takes up tough assignments within aviation, providing .....
Bitcoin Hits New Record High, Sails Past USD 30,000
January 04, 2021 02:20 PM AEDT| By Hina ChowdharyBitcoin has started the year 2021 with quite a show after prices of the digital currency climbed the price ladder swiftly to surpass the level of USD 30,000 and establish a record high of USD 34,253.0 on Bitfinex (as on 3 January 2021). Image Sour...
GE’s new wind turbine has the power of 4 Boeing 747 jet engines
January 04, 2021 01:24 PM AEDT| By Edita Ivancevicare racing to build the most powerful wind turbine for futuristic sustainability. An American conglomerate, General Electric (GE) has manufactured a massive wind turbine prototype in Rotterdam, the Netherlands, currently thought to be the large....
COVID-19: Top US official says Wuhan lab leak most credible theory
January 04, 2021 12:54 PM AEDT| By Team Kalkine MediaIt has been one year since the world first confronted COVID-19, a deadly respiratory disease caused by the novel coronavirus, SARS-CoV-2. The colossal damage caused by the pandemic is evident from the fact that 83.32 million cases have been c.....
How Did Australian Economy Sail Through 2020?
January 04, 2021 12:20 PM AEDT| By Hina ChowdharyThe global economy saw many firsts in the year 2020. The world saw historically low growth levels, high unemployment, ultra-low interest rate regime and shaky share markets. The bushfire severity made the first few months of the pandemic extremely.....
Three currency pairs gaining ground, what are chartists looking at in 2021?
January 04, 2021 12:09 PM AEDT| By Kunal SawhneyCurrencies have been a volatile so far over lower interest rate environment and economic meltdown on account of the COVID-19 outbreak. However, since the beginning of the March 2020 quarter many currency pairs have provided investors with superior re...
How COVID-19 pandemic zoomed up the fortune of this software firm?
January 04, 2021 12:07 PM AEDT| By Hina ChowdharyAmongst many video conferencing software companies competing to grab the maximum market space, Zoom has undoubtedly grown spectacularly. Zoom Video Communications has fulfilled the dire need for online video calling, especially for businesses and a.....
Shaun Hendy conferred with NZ Order of Merit honour for his quick COVID-19 response
January 04, 2021 12:00 PM AEDT| By Team Kalkine MediaYear 2020 has been difficult for people across the world with the coronavirus pandemic spewing hellfire over everything that came in its way. Besides irreparable loss of hundreds of thousands of lives, there has also been stifling losses incurred t.....
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