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Is Canada Heading For Economic Difficulties In 2021? Macklem Explains
December 16, 2020 10:16 PM AEDT| By Team Kalkine MediaThe Canadian economy could post another decline due to the second wave of the coronavirus cases, Bank of Canada (BoC) governor Tiff Macklem noted in his last speech on 2020 on Tuesday, December 15. Mr Macklem, in his virtual address to the Vancouv.....
Technology giants to provide sensitive information to Federal Trade Commission
December 16, 2020 08:34 PM AEDT| By Kunal SawhneyThe Federal Trade Commission (FTC) said that the major technology companies would need to provide detailed information on how they collect consumer's personal data and how they use it. The Federal regulators have decided to ask Facebook, Twitter, A.....
Brexit effect: Facebook to shift UK users to California agreements
December 16, 2020 08:27 PM AEDT| By Team Kalkine MediaThere are a lot of changes happening as the Brexit transition deadline comes to an end on 31 December. Not only the arrangement of international trade is changing, the data and privacy policies are also supposed to witness modifications. With the t.....
Alphabet’s (NASDAQ: GOOGL) Google To Face A Possible Antitrust Case in US
December 16, 2020 08:23 PM AEDT| By Kunal SawhneyGoogle seems to be in a spot of bother as a coalition of US states are expected to file an antitrust lawsuit against the global tech giant. According to media reports, Google has been accused of deliberately engineering its search engine to place i.....
Britishers Oppose Government’s Plan to Relax Covid-19 Restrictions During Christmas
December 16, 2020 07:38 PM AEDT| By Hina ChowdharyAs Christmas is just a few days away, people in the UK are not much fervent about the festive season considering the rising coronavirus cases across the country. In response to the government’s plan of relaxing coronavirus restrictions for f.....
Gold jumps to a one-week high on hopes of Fed stimulus
December 16, 2020 06:43 PM AEDT| By Kunal SawhneyGold prices rallied to a one week’s top today as the hopes grow for further stimulus by the US government as the Federal reserve policy decision is awaited. The price of yellow metal had dropped to a low of USD 1,820 per ounce at the start o.....
Are America’s wealthiest 1% calling dibs on COVID-19 vaccine?
December 16, 2020 06:02 PM AEDT| By Edita IvancevicAfter Pfizer’s pioneer COVID-19 vaccine received emergency approval for distribution in the US, many Americans are keenly waiting for an opportunity to get the first jab. READ MORE: Pfizer’s COVID-19 vaccine receives a go-ahead sign fr.....
Australia drags China to the WTO over barley tariffs
December 16, 2020 05:54 PM AEDT| By Edita IvancevicThe Australian government announced that it would take China to the World Trade Organisation over massive tariffs on Australian barley. The situation which arose in May has posed a significant threat to the A$2.5-billion sector. This is the first.....
Australia’s Energy Account: Wind beats hydro for first time in energy supply
December 16, 2020 05:45 PM AEDT| By Hina ChowdharyWith solar and wind energy showing robust growth, supply of renewable energy used for electricity prediction is found to show an increase during 2018-19, according to latest ABS update. For the first time on record, wind energy surpassed hydro ene.....
PM Boris Johnson To Visit India In January In A Bid to Boost Jobs and Investment
December 16, 2020 05:18 PM AEDT| By Team Kalkine MediaUK Prime Minister Boris Johnson will be travelling to India in a move that is intended to buttress the strategic relationship, boosting job prospects and investment with India. This will be Johnson’s first bilateral visit to India after resum.....
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Wish to tap the US secondary market with US$1.1 billion IPO
December 16, 2020 03:59 PM AEDT| By Team Kalkine MediaAfter the successful launch of Airbnb and DoodDash’s billion-dollar IPOs, now its time for the Online retailer, Wish to hit the market. The company is coming out with an IPO of US$1.1 billion, making it the 31st IPO this year to exceed the bi.....
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Not up to the mark: Australian businesses facing quality crunch
December 16, 2020 03:52 PM AEDT| By Hina ChowdharyEven as businesses plan to ratchet up hiring over the coming three months, finding suitable workers for jobs has become a struggle. One in five Australian businesses said that they were facing challenges while finding qualified employees as the eco.....
New Zealand’s September current account deficit relative to GDP at a low ebb in ~2 decades
December 16, 2020 01:27 PM AEDT| By Hina ChowdharyThe current account deficit for NZ dwindled to the lowest level since 2001, in the year to September due to lower imports coming in New Zealand in 2020. As per Stats NZ, seasonally adjusted current account deficit stood at $0.4 billion in the Sept.....
What’s ailing international education industry in Australia
December 16, 2020 01:23 PM AEDT| By Edita IvancevicWhen the pandemic hit the world earlier this year, international students in Australia could have never imagined the struggle they would experience in the following months. Suddenly, many international scholars started losing their part-time jobs .....
UK’s Unemployment Climbs To 4.9% In October Quarter, Hospitality Sector Worst Hit
December 16, 2020 03:11 AM AEDT| By Hina ChowdharyThe official figures have reported that UK companies had 819,000 fewer workers on their payrolls in November than at the start of the pandemic. The figures of UK unemployment till the month of October have been published by the Office of National S.....
O3 Mining (CVE: OIII) Comes Up with An Upbeat PEA for Its Garrison Gold Project
December 16, 2020 01:09 AM AEDT| By Kunal SawhneyCanadian Gold miner O3 Mining has come out with its Preliminary Economic Assessment (PEA) report for one of its mining projects -- the Garrison project in Canada. The report portrays the project with a very high economic value that would push the c.....
Covid Restrictions in London May Not Ease Soon as All 32 Boroughs Set to Enter Tier 3
December 16, 2020 12:27 AM AEDT| By Team Kalkine MediaFollowing an exponential rise in coronavirus cases in the last one week, London, Hertfordshire and Essex will move into the toughest tier of Covid-19 restrictions from Wednesday, the government said. The existing set of restrictions may not end soo.....
Norwegian Cruise Line (NYSE: NCLH) highlights achievements in 2019 stewardship report
December 15, 2020 11:03 PM AEDT| By Hina ChowdharyLeading global cruise company Norwegian Cruise Line has come out with its latest stewardship report highlighting its achievements on environmental, social and governance fronts as part of its global sustainability program -- Sail & Sustain. Th.....
British Insurers Extend Support Yet Again for Covid-19 Until March
December 15, 2020 09:28 PM AEDT| By Hina ChowdharyThe probability of coming out of the adversities caused by the pandemic is getting stronger on the backdrop of a potential Covid-19 vaccine. Amid the positive sentiment of the mass vaccination, the insurance industry has decided to extend support t.....
Payroll jobs rise amid the low of coronavirus pandemic
December 15, 2020 08:36 PM AEDT| By Kunal SawhneyPayroll jobs are on continuous recovery, rising 0.4 per cent across the fortnight ending 28 November, 2020. The total wages paid rose 0.7 per cent, as against 1 per cent in the previous fortnight ending 14 November 2020. On the other hand, payroll j...
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