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News
Kiwi Chris Liddell withdraws from race to head OECD after landing into controversies
January 21, 2021 07:18 PM AEDT| By Team Kalkine MediaExpat New Zealander Chris Liddell backed out of the race to head the Organisation for Economic Co-operation and Development (OECD). Lidell, who was a former US President Donald Trump’s nominee, had announced on Tuesday that he was withdrawing h...
PM Scott Morrison signs an agreement with gas exporters
January 21, 2021 06:18 PM AEDT| By Team Kalkine MediaAussie Prime Minister, Scott Morrison has sealed a deal with natural gas exporters to ensure the domestic supply of natural gas at a competitive price. The companies involved in gas production and export have to supply non-contracted gas to the dom.....
New Zealand reports increasing cases of UK and South Africa strains of COVID-19
January 21, 2021 03:38 PM AEDT| By Team Kalkine MediaIt has been reported that cases of the new strain of the COVID-19 virus are increasing. As on 21 January 2021, 17 infected people have been confirmed to be suffering from highly contagious strain of the virus and have been kept in isolation since 6.....
Biden signs order for US to rejoin Paris climate accord
January 21, 2021 03:16 PM AEDT| By Team Kalkine MediaHours after taking oath as the President of the United States on Wednesday, Joe Biden announced that the US will rejoin the Paris climate agreement. In one of his first actions in the White House, Biden signed an executive order that will see the U.....
Australia’s jobless rate falls in December
January 21, 2021 02:50 PM AEDT| By Kunal SawhneyA broad recovery in the labour market continued in December as Australia added 50,000 new jobs to the market. It speaks volumes about the economy's recovery after the Government began easing lockdowns. Source: Australian Bureau of Statisti.....
Trump a no-show as Biden swears in as US president
January 21, 2021 11:53 AM AEDT| By Kunal SawhneyDemocrat Joe Biden was sworn in as the 46th President of the United States on Wednesday, taking over reins from outgoing President Donald Trump. Biden, 78, is the oldest president in US history. Earlier, Biden had served as Vice President under for.....
GM & Cruise Partner with Microsoft for Self-Driving Vehicles
January 21, 2021 06:48 AM AEDT| By Team Kalkine MediaGeneral Motors is once again hitting the headlines after it announced a partnership with Microsoft. In a public announcement Tuesday, GMC and Cruise LLC has inked a long-term strategic relationship with Microsoft in order to give a push to the commer...
Bank of Canada Leaves Interest Rate at 0.25%, Says Economic Uncertainty Still Elevated
January 21, 2021 03:23 AM AEDT| By Team Kalkine MediaAmid opposing projections from analysts regarding which way the country’s key interest rate would go in the first quarter of 2021, the Bank of Canada announced on Wednesday, January 20, that it will remain unchanged at 0.25 per cent. It added t...
UK’s annual consumer price inflation rises in December
January 21, 2021 02:24 AM AEDT| By Team Kalkine MediaThe Office for National Statistics (ONS) has released the Consumer Prices Index (CPI) data for December 2020, which stated that the 12-month inflation rate rose to 0.6 per cent from a value of 0.3 per cent during the previous month. &n.....
How Will Joe Biden’s Presidency Impact Canada?
January 21, 2021 02:20 AM AEDT| By Team Kalkine MediaThe United States is all set to witness yet another regime change as Democrat leaders Joe Biden and Kamala Harris take control of the White House from the Donald Trump-led Republican administration on Wednesday, January 20. And as this transition tak...
On Day One, Biden reverses a raft of Trump decisions
January 21, 2021 01:58 AM AEDT| By Team Kalkine MediaSource:Stratos Brilakis, Shutterstock President Joe Biden has begun his first day in Oval Office by signing a flurry of executive orders to overturn his predecessor Donald Trump’s controversial decisions that had raised political storms at hom...
Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months
January 21, 2021 01:43 AM AEDT| By Team Kalkine MediaChinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online.....
Financial Services Business Volumes to See A Spurt in the First Quarter Of 2021: Survey
January 20, 2021 09:04 PM AEDT| By Team Kalkine MediaThe Confederation of British Industry (CBI), in association with a consulting major PwC, conducted a survey in the financial services sector, which stated that business volumes had seen a spike in the Q4 2020 for the first time in two years. The su.....
No respite for consumers as dairy prices continue to rise
January 20, 2021 03:30 PM AEDT| By Kunal SawhneyGlobal dairy prices have been on a rise with an increase of 4.8% on 19 January 2021 in the Global Dairy Trade (GDT) Auction. Previously, overall dairy prices witnessed a gain of 3.9% on 5 January 2021. The GDT Price Index is determined by the overal...
IEA Slashes Global Oil Demand For 2021 Over Renewed Lockdowns
January 20, 2021 03:38 AM AEDT| By Team Kalkine MediaThe International Energy Agency (IEA) has cut down its previous estimates for global oil demand due to the fresh wave of COVID-19-led lockdowns. The international agency reduced the projected global oil demand growth for the present quarter by 600.....
Can the UK Aviation Sector Revive After Repeated Disruptions?
January 20, 2021 02:42 AM AEDT| By Team Kalkine MediaThe aviation sector has been one of the worst victims of the coronavirus pandemic as the repeated, and prolonged travel curbs have disrupted the industry for a longer-than-expected stretch. With the extended cutdown of international and domestic tr.....
Is there a turnaround for NZ Cruise and Shipping Industry in 2021?
January 20, 2021 02:17 AM AEDT| By Team Kalkine MediaOne of the most high-octane industries in the world, the cruise industry witnessed losses in the year 2020. With the uncertainty that engulfed the entire world due to COVID-19, cruise liners across have had to bear heavy losses, since taking a leis.....
Telefónica Deutschland Holding AG Announces Enhanced Dividend
January 20, 2021 01:55 AM AEDT| By Kunal SawhneyTelefónica Deutschland Holding AG (LON: 0QAL) released a strategy update on 19 January and proposed an increased dividend confirming a successful start to the year. Telefónica Deutschland, popularly known as O2, has delivered strong .....
Most Britons Forced to Make Contactless Payments During Coronavirus Crisis
January 19, 2021 11:26 PM AEDT| By Team Kalkine MediaAs the pandemic washed up the shores of the UK, more than 30 per cent of the shoppers were discouraged from paying cash and were pushed for adopting a digital mode of payments. However, a significant chunk of the population still relies immensely o.....
UK forms Build Back Better Council for economic revival
January 19, 2021 08:41 PM AEDT| By Team Kalkine MediaBritish PM Boris Johnson has launched the Build Back Better Council with the goal of creating jobs, boosting investment, and reviving the economy. The council has brought together 30 business leaders with expertise in&.....
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