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Waikato DHB latest to be hit by cyberattack
May 18, 2021 08:58 PM PDT| By SonalA cyberattack on a New Zealand public health provider knocked off information systems at 5 hospitals, causing some elective procedures to be cancelled and triggering a slew of other issues. Surgery and many outpatient meetings had to be withdraw...
Cannabis-Based Company Bags Carbon Efficiency Certification
May 18, 2021 08:55 PM PDT| By RomaSummary Cannabis-based Company receives carbon efficiency certification. It paves way for eco-friendly cannabis production in the country. Setting the right tone for the rest of the industry, helping in reaching goals. The world and espec.....
Auditor General Advises NZ Government To Ramp Up COVID-19 Vaccination Programme
May 18, 2021 07:50 PM PDT| By Team Kalkine MediaSummary New Zealand needs to increase its momentum of the vaccine roll-out, says Auditor General. The Government must thoroughly work on contingencies in case of any delay in the arrival of vaccines, community outbreaks, etc. Majority of the G.....
Chinese ban adds to Bitcoin’s woes, price sinks 8%
May 19, 2021 12:48 PM AEST| By Furquan MoharkanThe prices of Bitcoin tumbled 7.6% after the world’s second largest economy, China, banned financial institutions from offering Bitcoin and all other cryptocurrency services to clients. This was announced in a joint statement by the National.....
Will Hiked Electricity, Gas Prices In March 2021 Quarter Affect New Zealanders?
May 18, 2021 07:17 PM PDT| By SonalSummary Electricity prices experienced a rise in the March quarter of 2021. Gas supply prices rose due to unanticipated production drop at the Pohokura gas field. Electricity prices for residential customers rose 0.4% in the March quarter. .....
Did Colonial Pipeline Attack Drive US Oil Prices Up?
May 18, 2021 06:48 PM PDT| By Team Kalkine MediaSummary US gasoline prices hit a seven-year high of US$3.045 a gallon on Monday. The cyberattack on Colonial Pipeline triggered panic buying of gasoline. Russia-based hackers’ group Darkside had carried out the attack for ransom. Ga.....
Yellen bats for increased taxes for businesses
May 18, 2021 06:34 PM PDT| By Furquan MoharkanSummary US Treasury Secretary Janet Yellen is all for increased taxes for businesses to aid stimulus package. Yellen also called for stronger labour unions. She said that the American Families Plan would be funded by increasing taxes on rich p.....
Warren Buffett Buys Shares in Aon; Cuts Stake in Wells Fargo, Chevron
May 18, 2021 04:11 PM PDT| By Kiran MuraliSummary Berkshire Hathaway held 4,096,146 shares in Aon, worth US$ US$942.6 million, as of March 31. The conglomerate reduced its holding in Wells Fargo by 98 percent to 675,054 shares. Berkshire’s holding in Chevron almost halved to 23,.....
US Markets Close Lower As Tech, Telecom Stocks Retreat
May 18, 2021 03:15 PM PDT| By Team Kalkine MediaUS stock markets retreated for the second day on Tuesday despite some advances made by technology stocks to hold off the slide as inflation woes continued to weigh on investors' mind. The S&P 500 was down 0.85% to 4,127.83. The Dow Jones shed 0....
2 Major M&As Today: IBM-Waeg & Performance Food-Core-Mark
May 18, 2021 12:40 PM PDT| By Team Kalkine MediaSummary IBM plans to buy Salesforce's European consulting partner Waeg. Performance Food to acquire Core-Mark in a US$2.5 billion deal. American technology giant IBM (NYSE: IBM) said on May 18 that it will buy Salesforce's European consult.....
On a sticky wicket: Can Cricket bounce back to blockbuster form after COVID-19?
May 18, 2021 03:27 AM PDT| By Team Kalkine MediaSummary Governments in cricket-playing nations worldwide have relaxed restrictions, somewhat allowing smaller crowds into stadiums worldwide. But the hit to the bottom line for every national cricket association is crushingly undeniable. The Ch.....
Elon Musk’s Flip-Flop Relationship with Crypto Oozes Irony
May 18, 2021 08:09 PM AEST| By Team Kalkine MediaThere have been few relationships that have captured the public’s imagination, like Elon Musk’s relationship with Bitcoin. Brad and Jen. Kim and Kanye. J-Lo and A-Rod. Brad and Angelina. And now Elon and Bitcoin or “Elcoin” .....
Elon Musk Superseded as the World’s Second Richest Person
May 18, 2021 01:30 AM PDT| By Team Kalkine MediaOn Monday, Tesla (NASDAQ:TSLA) CEO Elon Musk lost his position as the second richest person in the world as LVMH Chairman, Bernard Arnault, took the spot. Elon Musk drops to 3rd in the list of the wealthiest people in the world (Source: © J.....
Villa Maria’s parent firm FFWL put into receivership
May 18, 2021 12:42 AM PDT| By SonalThe owner of NZ wine business Villa Maria has been put into receivership and share sale in the business will occur. Brendon Gibson and Neale Jackson of Calibre Partners (previously known as KordaMentha) have been selected as receivers of FFWL, ...
The Domino Effect: How Chia is Boosting the Demand for Hard Drives
May 18, 2021 05:31 PM AEST| By Team Kalkine MediaSummary Chia, a greener alternative to more energy-consuming cryptos, debuted on the exchange at US$1600 on 3 May 2021. Chia uses a method called “proof-of-space”, which allows users to mine the coin on their home computer whilst us.....
What are the Factors Impacting Bond Yields?
May 18, 2021 12:19 AM PDT| By Team Kalkine MediaSummary Rising bond yields are often associated with some pressure in the share market. When interest rates fall, investors may prefer investing in bonds rather than stocks, and bond yields fall. The bond yields rise in case of economic growth.....
NFTs Explained: What is a non-fungible token and how does it work?
May 18, 2021 05:13 PM AEST| By Furquan MoharkanSummary Cryptocurrencies are talk of the town NFT (non-fungible token), is a unit of data stored in a digital ledger called a blockchain Few NFTs present today include unique digital artworks, a unique sneaker in a limited-run fashion line, in.....
EverCommerce and Timely’s Tie-up Can Help Them Expand Client Base
May 18, 2021 12:02 AM PDT| By RomaSummary Wellness and health company to collaborate with beauty-based Company. The collaboration aims at creating better business for both the companies while serving the clients. The companies bounced back after COVID-ridden damage witnessed l.....
APAC markets trading in green; Taiwan bounces back
May 17, 2021 11:44 PM PDT| By Furquan MoharkanThe equity markets in the Asia-Pacific (APAC) region were mostly trading in green on Tuesday as Taiwan led the pack with a sharp rebound. The Taiwan Weighted Index surged 4.90% on Tuesday, after a nearly 3% drop on Monday amid rising concerns over.....
Will Women’s Health Be A Priority In NZ’s Budget 2021? 5-Related NZX Stocks- TRU, OCA, TAH, FPH, and GXH
May 17, 2021 10:37 PM PDT| By SonalWith the New Zealand Government due to announce the budget in 2 days, all eyes are set on the areas where investments will be made, and the extent to which, it will fulfil the hopes of Kiwis. In the pre-budget speech on May 4, Finance Minister Grant...
