News
Woolworths ropes in KIWI executive Pejman Okhovat to overhaul Big W in Australia
October 27, 2020 05:09 PM AEDT| By Team Kalkine MediaHigh Street retail chain the Woolworths Group Limited (ASX:WOW) has hired Pejman Okhovat as Managing Director to take the transformation journey ahead for BIG W with its leadership team. Pejman will report to Claire Peters, who has joined as Managi.....
Jack Ma’s Giant Ant Set to Make World’s Biggest Stock Market Debut
October 27, 2020 04:29 PM AEDT| By Team Kalkine MediaJack Ma’s Ant Group is set to raise US$34 billion when its shares start trading on the Hong Kong and Shanghai stock market in the upcoming weeks. With this, Ant Group’s IPO would become the world’s largest stock market debut on re.....
COVID-19 Cases Resurge in US and UK, Vaccine Trials Back on Track
October 27, 2020 01:58 PM AEDT| By Team Kalkine MediaThe COVID-19 crisis threw the whole world into a dilemma of lives and livelihoods. The global virus crisis has engulfed almost the entire year, and till now, there is no effective treatment available to tackle the situation. The measures one can f.....
Meet HelloFresh, your home cooking companion!
October 26, 2020 11:13 PM AEDT| By Team Kalkine MediaHelloFresh SE (XETRA: HFGG), a German meal-kit delivery firm, is seeing higher demand as the pandemic-hit consumers are desperate to add some jazz to their home-cooked meals amid strict lockdown. Ready-to-cook food delivery service HelloFresh prom.....
Does RBA rate cut in November seem inevitable now?
October 26, 2020 07:32 PM AEDT| By Team Kalkine MediaThe coronavirus pandemic has made a deep cut in the financial robustness of the economies and businesses. By now, it has been made clear by the central banks across the globe that they are willing to go beyond the lines to save and revive their eco.....
Facebook and Twitter bosses issued subpoena, content moderation practices under lens
October 26, 2020 04:43 PM AEDT| By Team Kalkine MediaIn Washington's latest attack on Big Tech, the United States Senate Commerce Committee unanimously voted to issue subpoenas to the CEOs of Facebook, Google and Twitter, that will compel them to testify in front of Congress Facebook, Twitter and Go.....
Is New Zealand ready for more stimulus? Inflation data says yes, while property prices say otherwise
October 26, 2020 12:11 AM AEDT| By Team Kalkine MediaThe annual inflation rate surprisingly slowed in Q3, fueling prospects of further stimulus by the Reserve Bank to accelerate the economy. CPI is a measure of inflation for NZ households and records changes in the prices of goods and services. As .....
No-deal Brexit: Imported cars could become dearer by £1,900
October 25, 2020 04:20 PM AEDT| By Team Kalkine MediaThe British car industry faces a greater challenge when the EU common area regulation expires on 31 December 2020. The society of motor manufacturers and traders (SMMT) in the United Kingdom has stated that there will be an average increase of &pou.....
What is Kahoot?
October 25, 2020 02:27 AM AEDT| By Edita IvancevicJust how ‘google’ and ‘googling’ made it to official dictionaries, the story behind an interactive platform Kahoot! is no different. Thanks to this Norway invention, children and teachers around the world have been learning.....
Key Takeaways from Jacinda Ardern-Led New Zealand Approach Against the Pandemic
October 25, 2020 02:10 AM AEDT| By Hina ChowdharyCoronavirus’ impact on the world has been devastating. Amid this unprecedented challenge, one of the leaders who has stood tall, is Jacinda Ardern. The 39-year-old prime minister of New Zealand received global praise for her supe.....
How are European nations tackling COVID-19 second wave?
October 25, 2020 02:03 AM AEDT| By Kunal SawhneyAfter being severely hit by the initial wave of COVID-19 and gradually curbing the outbreak, many countries across Europe are again experiencing a resurgence of COVID-19 cases. Presently, countries like France, the UK, Spain and Germany are witness.....
PMI indicates a flattening recovery for the UK economy
October 24, 2020 06:56 PM AEDT| By Team Kalkine MediaThe UK IHS Markit flash PMI survey for October 2020 revealed that the economic recovery seen in the earlier months has faded away as the coronavirus cases spike up in the UK. The services sector which has a significant share in the nation&.....
RBA Cash Rate Decision Under the Spotlight
October 24, 2020 05:33 PM AEDT| By Team Kalkine MediaThe RBA is expected to hold its next monetary policy meet on 3 November. Till then speculations persist on whether interest rates will be cut down to nearly 0%. Recent speech given by RBA governor Phillip Lowe has fuelled the speculations of rates .....
COVID-19 Patients fill over 40% of ICU beds in Paris, an alarm bell for Europe?
October 24, 2020 05:08 PM AEDT| By Team Kalkine MediaThe ongoing COVID-19 pandemic caused by the novel coronavirus (SARS-CoV-2) continues to wreak havoc all over the world. According to the WHO, there have been 41.57 million confirmed cases of COVID-19, including 1,134,940 fatalities across the world.....
Australia Marks Gradual Virus Control, Set to Fly Back Increasing Number of Stranded Citizens
October 24, 2020 05:05 AM AEDT| By Team Kalkine MediaAustralian Prime Minister Scott Morrison announced the much-awaited news on Friday that the country will slightly lift the cap on the number of citizens and permanent residents returning to their homeland each week. In light of the global travel r.....
UK consumer confidence index falls as fear of recession mounts
October 23, 2020 10:45 PM AEDT| By Kunal SawhneyThe United Kingdom is currently experiencing the second wave of the Covid-19 with tougher social distancing restrictions being introduced. The prime minister has strengthened the social distancing measures currently in force in the UK to curb the s.....
FTSE 100 inches up as Sunak rolls out extra job support
October 23, 2020 09:47 PM AEDT| By Team Kalkine MediaRishi Sunak, Chancellor, UK Treasury had granted additional support under the earlier announced Jobs Support Scheme (JSS) which begins on 1 November 2020 and would last for a period of six months. The economy needs support to sustain itself.....
UK Secures Its First Post-Brexit Trade Deal with Japan
October 23, 2020 08:29 PM AEDT| By Team Kalkine MediaIn a major success for the Boris Johnson government, United Kingdom has secured its first major trade deal with Japan since it broke away from the European Union. The deal which was signed in Tokyo on 23 October 2020, has been given the name The UK.....
Tesla to ship cars from Shanghai plant, improve shipment time for Asia and EU
October 23, 2020 07:30 PM AEDT| By Edita IvancevicThe futuristic-car maker Tesla (NASDAQ:TSLA) has new plans in mind for the local supply of its vehicles. Tesla CEO Elon Musk introduced a new project for car shipments directly from the Shanghai ‘Gigafactory’. With this move, Mr Musk w.....
Tesla smashes market estimates in Q3; General Motors reveals EV plans
October 23, 2020 06:43 PM AEDT| By Team Kalkine MediaTesla, Inc. came up with another banger in the September quarter show, which was labelled as the ‘best quarter in history’ by Elon Musk. But optimists believe that best is yet to come, at least from new factories in two other continents.....
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