News
US, EU Planning Sanctions on Turkey for Buying Russian S-400 Air Defence Systems
December 12, 2020 02:33 AM AEDT| By Hina ChowdharyThe US and EU are planning to inflict pressure on Turkey. While the US wants to put sanctions for buying S-400 missiles or air defence systems from Russia in 2019, the EU, on the other hand, is targeting Turkey for its involvement in energy explora.....
Premiers Demand Funding Boost From Trudeau-Led Govt Amid Surging COVID Cases
December 12, 2020 01:23 AM AEDT| By Team Kalkine MediaPremiers of the 13 provinces and territories in Canada left their recent meeting with Prime Minister Justin Trudeau feeling disappointed, as per media reports. In the virtual first ministers' meeting held on Thursday, December 10, the prem.....
Hyundai Motor to Acquire a Majority Stake in Robotic Firm Boston Dynamics
December 11, 2020 09:57 PM AEDT| By Hina ChowdharySouth Korean carmaker Hyundai Motor Group and its chairman Euisun Chung are set to acquire an 80 per cent stake in US-based robotic design manufacturer Boston Dynamics, owned by Japanese conglomerate SoftBank, for about $736-$828 million. The deal.....
Money doubled! Airbnb (NASDAQ: ABNB) skyrockets on market debut
December 11, 2020 08:33 PM AEDT| By Team Kalkine MediaAirbnb Inc (NASDAQ: ABNB) has entered the capital markets with a bang as the shares of the San Francisco-headquartered online home-sharing platform rallied over 100 per cent upon the stock market debut on Thursday. Airbnb has successfully raised a .....
What is GoFundMe and how does it work?
December 11, 2020 08:02 PM AEDT| By Edita Ivanceviconey is required. Raising money for any occasion is possible on GoFundMe, an online platform where anyone can start a campaign to crowdsource money from strangers. GoFundMe is famous for raising thousands of dollars for those experiencing diffi...
What is Australian media bargaining code? How will it affect Google, Facebook’s revenues
December 11, 2020 06:57 PM AEDT| By Edita Ivancevical is not sealed. After months of waiting, the ACCC (Australian Competition and Consumer Commission) has decided to force online conglomerates Google and Facebook to pay for all media content advertised on their networks. The News Media and Digi...
Having charmed Aussies, Shippit sets its eyes on South East Asia
December 11, 2020 04:51 PM AEDT| By Edita Ivancevicthe last 12 months, with plans to further expand to Indonesia and the Philippines. Australians love to shop online. It is fast, easy, and offers a wide variety of products from across the globe. For that reason, Aussies take their shipping servi...
Pfizer’s COVID-19 vaccine receives a go-ahead sign from FDA Expert Panel
December 11, 2020 04:40 PM AEDT| By Team Kalkine MediaIn a significant recent development, the Pfizer-BioNTech coronavirus vaccine gets FDA officials panel's nod for the Emergency Use Authorization (EUA) of the vaccine. The Vaccines and Related Biological Products Advisory Committee (VRBPAC) has endor.....
Adrian Orr suggests creating a new agency to address housing issues
December 11, 2020 03:24 PM AEDT| By Kunal SawhneyAdrian Orr, Governor of RBNZ, has addressed Finance Minister Grant Robertson’s suggestion for the role central bank can play in resolving housing crisis, by stating that Government should form a new housing agency to tackle the country’.....
Airbnb IPO debuts with a bang, share price doubles
December 11, 2020 02:28 PM AEDT| By Team Kalkine MediaIt was a smashing debut for the much-awaited Airbnb IPO. On the first day of its listing, the stock price got more than doubled. The overwhelming response the share received on debut gave the impression that it was an end to Airbnb’s difficul.....
Disney nails another milestone as subscribers soar in number
December 11, 2020 02:26 PM AEDT| By Kunal SawhneyEntertainment giant The Walt Disney Company (NYSE:DIS) is only one year old in the online streaming service business, but the company seems to have left no stone unturned to achieve success. On Thursday 10 December 2020, Disney revealed details of .....
India’s Ambanis top the list of the richest families in Asia
December 11, 2020 02:01 PM AEDT| By Edita Ivancevicg US$76 billion, following with the Kwok, Chearavanont, Hartono, and Lee families. Bloomberg posted the list of the wealthiest families in Asia in early November, where India’s Mukesh Ambani has retained his No. 1 position of September lis...
Making millions through watermelon farming: The incredible journey of Peter Greensill
December 11, 2020 01:35 PM AEDT| By Edita Ivancevicncome. His brothers, Andrew and Lex also contribute to the family business empire. Agriculture and extreme wealth are rarely associated with each other. Waking up early in the morning, spending long hours in the sun, and working hard at farms ar...
How significant is the Singapore Trade Deal for the UK?
December 11, 2020 01:38 AM AEDT| By Team Kalkine MediaThe UK has signed a free-trade agreement (FTA) with Singapore, paving its way into the Asian market. Liz Truss, the International Trade Secretary of the UK, was in Singapore today, December 10, to strike an FTA deal that would amount to mut.....
How Bitbond and BVDH launched Euro stablecoin
December 11, 2020 12:57 AM AEDT| By Kunal SawhneyOne of the oldest Germany’s banks Bankhaus von der Heydt and blockchain technology provider Bitbond have successfully launched the first-ever Euro stablecoin, which is now available for trading. On 9 December, the BVDH launched Euro stablecoi.....
Bank of Canada Maintains Policy Rate, Says ‘Choppy’ Growth Trajectory Ahead
December 10, 2020 08:18 PM AEDT| By Team Kalkine MediaThe Bank of Canada (BoC) once again upheld its current policy rate and ongoing quantitative easing (QE) program. In an official briefing on Wednesday, the central bank said the key interest rate will continue to be at 0.25 per cent until the 2 per ce...
A university-dropout billionaire: Who is Melanie Perkins?
December 10, 2020 07:54 PM AEDT| By Edita IvancevicImage Source: Shutterstock Melanie Perkins, a young Perth-born woman, who has studied communications at the University of Western Australia, thought of an idea that in a few years would entirely change her life. As a part of her degree course, Ms P...
Did Real Estate Agents play any role in the surging house prices?
December 10, 2020 06:53 PM AEDT| By Hina ChowdharyThe prospects of NZ economy looked grim with a lockdown imposed in the country in March and surge in coronavirus cases globally. With a rapid loss in jobs, unemployment rate was predicted to rise and housing prices were projected to fall with...
Meet Nicholas Molnar, the man behind the Afterpay phenomenon
December 10, 2020 06:39 PM AEDT| By Edita IvancevicSummary According to the Young Australians Rich list, Afterpay CEO Nicholas Molnar is the youngest billionaire in Australian history. His co-project Afterpay has gained national recognition and also expanded to the US market. Mr Molnar’s n...
Why did Kelly Loeffler evade a question during Georgia debate?
December 10, 2020 04:18 PM AEDT| By Edita Ivancevicicials informed of the upcoming pandemic. The DOJ had dismissed those allegations. Republican Senator Kelly Loeffler has come under spotlight after she attempted to steer clear of a question during a Sunday night debate held in Georgia. Loeffle...
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