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WeWork outline radical steps to survive Covid crisis
January 07, 2021 11:09 AM GMT| By Team Kalkine MediaWeWork has outlined a few radical steps in a bid to survive Covid-19 crisis while raising long term future. The company signed a series of new leases for buildings in 2019, following which, it racked up losses of £234 million. In the short...
M&S (LON: MKS) to acquire clothing chain Jaeger
January 07, 2021 11:01 AM GMT| By Team Kalkine MediaMarks and Spencer Group Plc (LON: MKS) will acquire London-based clothing chain Jaeger after it fell into administration last year. M&S will sign an agreement to acquire the brand soon. Jaeger is part of the Edinburgh Woollen Mill Group and is...
‘Attack On Democracy’ Says Trudeau As Pro-Trump Protestors Breach US Capitol Hill
January 07, 2021 11:01 AM GMT| By Team Kalkine MediaCanadian Prime Minister Justin Trudeau Wednesday expressed concern over the recent storming of US Capitol Hill by Trump supporters, describing the incident as an “attack on democracy”. Tweeting on the issue, he said that the country was &...
CMA starts probe into Nvidia's $40billion takeover of Arm
January 07, 2021 10:54 AM GMT| By Team Kalkine MediaThe Competition and Markets Authority has launched a probe into the £29.5 billion takeover deal of the UK-based chip designer Arm Holdings by Nvidia on competition concerns. In September, Nvidia announced that it would buy the British tech g...
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Lockdown 4 in New Zealand looms large after increased number of COVID-19 variant cases
January 07, 2021 09:39 AM GMT| By Team Kalkine MediaNew Zealand’s Health Ministry is keeping a close watch on the COVID-19 numbers as the new variant is a highly transmissible strain of the virus. The new mutant of the COVID-19 virus is estimated to be 50% more infectious than others. It is a.....
US Capitol Riots: Facebook and Twitter block Trump’s Accounts
January 07, 2021 09:24 AM GMT| By Team Kalkine MediaIt was a Black Wednesday for the United States. The US Capitol was under siege when an armed and angry mob stormed one of the most iconic buildings and attacked the police when the Congress was about to validate Joe Biden’s presidential win. .....
Sustainable Investing in The UK And Handbook Launch of Tokyo Exchange To Assist Identifying Companies
January 07, 2021 08:14 AM GMT| By Team Kalkine MediaSummary 2020 witnessed strong momentum in ESG investments and the trend is expected to continue. Industry experts strongly believe that sustainable investments do not necessarily mean lower returns. The devastation caused by the pandemic h.....
Rural New Zealand to be affected by the banks’ initiative to weed out cheques
January 07, 2021 07:54 AM GMT| By Team Kalkine MediaIt has been reported that rural regions in New Zealand, may face problems with the banks switching towards online platform. While banks feel that by discouraging the use of cheques would eventually help them in achieving the goal of going contact-l.....
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Market Updates: 7 January
January 07, 2021 07:37 AM GMT| By Team Kalkine MediaFTSE 100 set to open higher tailing positive global cues UK stock markets are set to open on a positive footing on Thursday, 7 January, with the FTSE 100 nudging over 10-month highs and the index witnessing the best start ever to a new year. The pos...
AstraZeneca (LON: AZN) vaccine rollout gets extended to general practitioners
January 07, 2021 07:26 AM GMT| By Team Kalkine MediaSummary Government aims to vaccinate all the four most vulnerable groups within the next one and a half months’ period The UK’s National Health Service (NHS) has informed that some doctors’ practices would be able to offer.....
Willis Towers Watson names Lee Garvey as Financial Solutions head for ANZ
January 07, 2021 06:53 AM GMT| By Team Kalkine MediaWillis Towers Watson, an international advisory, broking, and solutions firm, has roped in Lee Garvey as the head of financial solutions for ANZ. Lee Garvey has re-joined the Company after leaving in 2012. In between, he worked with a global insur.....
Why private house approvals rose for fifth straight month in November
January 07, 2021 04:51 AM GMT| By Team Kalkine MediaThe approvals for private sector houses surged for the fifth month in a row in November in Australia. The upturn was driven by the strength in Queensland and South Australia, according to a report. While the approvals for private houses rose 6.1 p.....
Good News: AUD/USD Rallies to its Highest Since March 2018
January 07, 2021 04:41 AM GMT| By Kunal SawhneyThe Australian dollar has gained immense strength against the USD as AUD/USD is currently trading at 0.78, its highest level since March 2018. The Australian dollar has rallied in the market post March 2020, and it continues to show an upward.....
Democrats win Senate majority, woman shot dead during White House chaos
January 07, 2021 04:35 AM GMT| By Edita Ivancevicockdown, as Trump supporters started protesting against the president-elect Biden. The state of Georgia concluded an ongoing political run-off between Democrats and Republicans after Democrat Jon Ossoff secured the party’s majority in the...
Searchspring Ropes in Former JCurve (ASX:JCS) CMO to Aid Regional Expansion
January 07, 2021 04:10 AM GMT| By Team Kalkine MediaSearchspring, a US-based e-commerce site providing merchandising solutions, has reached another milestone as part of its regional expansion efforts. The American company has hired Kate Massey, the ex-Chief Marketing Officer of JCurve Solution.....
International trade surplus trims by $1.5 billion in November
January 07, 2021 03:39 AM GMT| By Team Kalkine MediaAustralian Bureau of Statistics (ABS) has released International trade data for November 2020. On a seasonally-adjusted basis, the Australian trade surplus trimmed by around $1.5 billion to $5.02 billion against the previous month. Source:.....
Pro-Trump Protesters Attack US Capitol Hill, One Dead
January 07, 2021 03:25 AM GMT| By Team Kalkine MediaShocking after-effects of the US presidential election seem far from coming to an end. Amid the prolonged tense situation where the incumbent President Trump has been refusing to accept the election results, the course of events took an ugly turn o.....
Is China a factor for a steep rise in Dairy products’ prices in NZ?
January 07, 2021 03:18 AM GMT| By Kunal SawhneyDairy products prices reached their highest in 12 months in the global auction held this week. This was the fourth consecutive rise in all dairy products, up by almost 3.9%, amounting to US$33306 per metric tonne (MT). This came as a pleasant surp.....
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ASX iron ore shares continue to rally as underlying commodity price zooms
January 07, 2021 03:15 AM GMT| By Team Kalkine MediaIron ore prices have rebounded once again after a slight fall in the recently over uptick in port stocks and supply ease across China. The commodity topped around RMB 1,194 per dry metric tonne on the Dalian Commodity Exchange (DCE) but took a U-turn...
Hollywood Star Mark Wahlberg’s food chain Wahlburgers to enter the Kiwi Market
January 07, 2021 03:08 AM GMT| By Team Kalkine MediaThe family burger chain owned by Hollywood superstar Mark Wahlberg, is all set to venture into the New Zealand Market. Working with United Cinemas, the food chain is planning individual restaurants as well as cinema outlets throughout the country. .....
