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PM Johnson appoints Alok Sharma as full-time President of UN COP26
January 09, 2021 05:52 AM PST| By Kunal SawhneyPM Boris Johnson on Friday, 8 January, designated former Business Secretary Alok Sharma as the full-time President of UN COP26 climate conference that is scheduled to take place in Glasgow in November. Kwasi Kwarteng has been appointed as the Secre.....
NZ’s energy resources to be developed for contribution in energy security
January 09, 2021 05:50 AM PST| By Team Kalkine MediaWith several energy companies into play, and the natural resources depleting so quickly, there is no doubt that renewable energy is the only sustainable way of being in the future. The good news is that renewable energy is getting more and more aff.....
Halifax Says Growth in House Price Is Slowing Down After the Boom
January 09, 2021 05:49 AM PST| By Kunal SawhneyBritain’s biggest mortgage lender Halifax released its latest report on 8 January, which indicated that the average house price in the UK for the month of December reached a record high of £253,374. Though there was a 6 per cent increa.....
Elon Musk, World’s Richest Person, Once Lived On C$ 1 Food Budget
January 09, 2021 05:41 AM PST| By Kunal Sawhneyhim the richest human on the planet. After a year of Tesla stocks rallying off the charts, Elon Musk first beat Microsoft head Bill Gates to become the world’s second richest man in November. He then took over mantle of the world&....
Novel Gene technology to shoot up NZ cow production
January 09, 2021 05:30 AM PST| By Hina ChowdharyResearch into how to improve cow production has yielded results. With investment in research and development, a new and easy method has been developed, which will save millions for farmers. Depleting number of cows in New Zealand has been a cause .....
NZ agricultural commodities books in green, but uncertainty prevails
January 09, 2021 05:21 AM PST| By Kunal SawhneySummary &...
UK Records Highest Daily Toll of Covid-19 Deaths, NHS Staff to Be Vaccinated Soon
January 08, 2021 11:53 PM PST| By Hina ChowdharyThe hospitals in London are at risk of being overwhelmed as Friday witnessed the highest daily death toll since the onslaught of the coronavirus pandemic. PM Boris Johnson has enforced the third lockdown and is procuring more and more vaccines to s.....
Twitter, Facebook banning US President Trump, is it because of a power shift?
January 08, 2021 08:25 PM PST| By Kunal SawhneySocial media platforms are taking the strictest action against incumbent US President Donald Trump by banning him from their respective platforms. The latest being Twitter, which permanently suspended his account on 8 January 2021. After banning th.....
Gold price loses sheen as US govt bond yields shoot up
January 08, 2021 07:56 PM PST| By Team Kalkine MediaThe yellow metal lost some of its shine on Friday as gold slumped on the bullion market by over 3.4%, as the US presidency risks faded away and the US government bond yield grew to its highest level since March 2020. The toll on the gold price soon.....
German carmaker Daimler voices dismay over Washington DC riots
January 08, 2021 07:19 PM PST| By Edita Ivancevicbility was good for economy and it hoped for a peaceful transition of power in US. German car manufacturer Daimler has expressed its disappointment over the riots in Washington DC. Wednesday saw a brutal assault on US democracy when a mob of Tru...
Will minimum wage hike lead to job losses in NZ?
January 08, 2021 05:55 PM PST| By Team Kalkine MediaThe NZ government has given a go-ahead to the plan of enforcing the hike in minimum wage, ignoring the suggestion of Ministry of Business Innovation and employment (MBIE) to delay the increase till October and scale down the minimum wage increase b.....
Could NZ river cleaning projects prove to be an economic equaliser?
January 08, 2021 05:47 PM PST| By Hina ChowdharyThe environment minister David Parker has recently announced 19 different river cleaning projects in the country. There will be about 400 jobs created due to the same, which may be beneficial to several people who have been facing employment issues.....
COVID-19 Second Wave Impact: Canada Lost 63,000 Jobs in Dec 2020
January 08, 2021 08:23 AM PST| By Kunal SawhneyAfter a streak of monthly gains, Canada’s job market witnessed a loss of 63,000, or 0.3 per cent month-over-month (MoM), in December last year, reported Statistics Canada. This latest drop in numbers is the first decline in the country’s...
US Airlines ban alcohol on domestic flights after passengers created ruckus
January 08, 2021 05:10 AM PST| By Edita IvancevicRecent violent protests at the White House resulted in dangerous flying conditions for the passengers, as it was brought to the notice of the Association of Flight Attendants, an American union, which represents 17 airlines in the country. For tha.....
China hands death sentence to ex-banker over bribery charges
January 08, 2021 05:05 AM PST| By Edita IvancevicA former official of a state-owned bank in China was sentenced to death on bribery, bigamy, and corruption charges. Beijing’s drastic and rare move showed that China does not tolerate any serious corporate misconduct in the country. The sent.....
Bitcoin hits new all-time high of $41,100 within 12 hours after breaching $40k
January 08, 2021 04:16 AM PST| By Team Kalkine MediaBitcoin has been on a wild ride in the last four months in which the globally popular crypto asset has breached multiple record highs. In the last 12 months, bitcoin has leapfrogged various levels defying the coronavirus-led turbulence in the financi...
Hyundai Motor, Apple to Tie Up for Creating Electric Mobility Solutions
January 08, 2021 03:08 AM PST| By Hina ChowdharyShares of South Korean multinational automotive manufacturer Hyundai Motor Co (KRX: 005380) rallied nearly 20 per cent on the Korea Exchange after the automaker announced that it is in talks with US tech giant Apple for development of electric mobi.....
Cryptocurrency Market Cap Crosses $1 Trillion As Bitcoin Soars Above $40,000
January 08, 2021 09:31 PM AEDT| By Kunal SawhneyBlockchain-based cryptocurrencies are rallying on Wall Street as investors display confidence over Bitcoin as a sustainable asset. The world’s most prominent cryptocurrency soared over a record US$ 40,000 on Thursday, doubling in valu.....
Social media giants ban President Trump Accounts
January 08, 2021 01:32 AM PST| By Team Kalkine MediaAfter the Capitol Hill violence on Wednesday condemned by the world leaders across the countries, the social media giants have come into the action. Facebook has announced banning Trump's account for at least until the incumbent President's term ge.....
As new COVID-19 strain hits, NZ, airlines contemplate travel restrictions
January 08, 2021 12:56 AM PST| By Team Kalkine MediaThe exponential growth potential of the new strain of COVID-19 virus is making the public health experts worried. The new mutant is estimated to be 50% more infectious than others. It is a more serious strain and grows much faster—something t.....
