World news

From Toyota to Audi: How leading carmakers are planning to go 100% electric
January 14, 2022 06:24 PM AEDT| By Priyabrata PrustyHighlights Of late, demand for electric vehicles (EV) have been rising with higher fossil fuel price being one of the prime reasons. Global EV sales were expected to cross 6.4 million in 2021, up 26% over 2020. Volkswagen in its bid to challen.....

World Bank slashes China’s growth figures
January 12, 2022 07:13 PM AEDT| By Priyanka PayalCoronavirus pandemic has played havoc on world economies. As the new year began, people globally were optimistic and had high hopes that their lives would be restored to normal, and their Country’s economy would come on track. However, it doe.....

Fujitsu wins iSAFE deal with SA’s Department for Correctional Services
January 11, 2022 08:11 PM AEDT| By Sonal GoyalHighlights Fujitsu has won the iSAFE contract with the South Australian Department for Correctional Services (DSC). Under the contract, Fujitsu will refresh some of its software systems. Fujitsu has announced that it has won the iSAF.....

Rapid Antigen Tests for COVID-19: Savior in times of need
January 10, 2022 07:57 PM AEDT| By Team Kalkine MediaHighlights Rapid antigen tests are relatively easier to use and less time consuming than PCR tests. 15 different rapid antigen testing kits have been allowed for use by The Therapeutic Goods Administration (TGA) of Australia The National Cabin.....

Covid-19 jabs: Citigroup to terminate unvaccinated employees
January 09, 2022 09:52 PM AEDT| By Priya BhandariHighlights Citigroup Inc recently announced that it would terminate its US-based employees who are not fully vaccinated as of January 14. The ‘No Jab, No Job’ policy was first disclosed in October 2021. If employees do not submit v.....

Global semiconductor shortage continues to hurt car buyers in 2022
January 07, 2022 09:03 PM AEDT| By SamtaHighlights Due to ongoing supply chain disruptions and semiconductor shortages, new car buyers will have to suffer more in 2022. Covid-19 has slowed down the demand for new vehicles since early 2020. Global chip shortage will likely c.....

Nasdaq tech stocks plunge 50% or more, echoing dot-com crash
January 07, 2022 04:09 PM AEDT| By Sukriti NairOn Thursday, a near-record number of US Nasdaq listed tech stocks plunged by 50% or more, echoing the dot-com crash. Around 4 in every 10 companies on the Nasdaq composite index saw market values getting halved from their 52-week highs. Why are US.....

Toyota unseats General Motors to become top car seller in US
January 06, 2022 06:16 PM AEDT| By Priyanka PayalHighlights Japanese Carmaker Toyota surpasses General Motors to grab the title of top car seller in the US. GM has said that its total sales were down about 13% due to semiconductor supply chain constraints. Both companies have reported .....

Australia cancels tennis player Novak Djokovic's visa
January 06, 2022 03:55 PM AEDT| By Sonal GoyalHighlights Novak Djokovic was not allowed to enter Australia as he could not fulfil the requirements to enter the country. Djokovic's Australian visa got cancelled. The decision of whether he will enter Australia or not is still pending. .....

Australia loses ‘unprecedented’ number of foreign diplomats in pandemic
January 05, 2022 05:04 PM AEDT| By Sukriti NairA 51-page incoming operational transient for Dfat’s (Department of Foreign Affairs and Trade) new secretary, Kathryn Campbell, reveals a fall in the number of positions at Australian embassies and diplomats on overseas postings, during the pa.....

“50 Cognitive Biases” for the young: Elon Musk
January 04, 2022 07:56 PM AEDT| By Aditi SahaWhat is a mind? Scientists are still working to decipher the enigma of the human conscious and subconscious mind. Suppose you ask what the most intricate organ of the human body is. In that case, it is without a doubt the human brain, which can tran...

Theranos founder Elizabeth Holmes guilty of criminal fraud
January 04, 2022 07:27 PM AEDT| By Sukriti NairElizabeth Holmes, the 37-year-old founder of Theranos, is now a convicted fraudster. The famous youngest female billionaire of America, Holmes was found guilty in four of eleven fraud accusations by the federal court. As a result, her health startu.....

Evergrande shares suspended from trading in Hong Kong: What we need to know
January 04, 2022 06:10 PM AEDT| By Team Kalkine MediaChinese real estate giant Evergrande suspended the trading of its shares on the Hong Kong stock exchange on Monday (January 3). In a release to the Hong Kong stock exchange, the debt-laden company said the trading suspension was pending the release.....

Six economic factors to keep an eye on in 2022
January 04, 2022 05:35 PM AEDT| By Akanksha VashishtHighlights Experts are slightly less fearful of the potential impact of the pandemic on the economy, even as the new Omicron variant lurks in the background. Savings are expected to steer the economy in the coming year while inflationary .....

Five work-life resolutions to swear by for a Zen-like 2022
January 04, 2022 05:23 PM AEDT| By Supriya KumariLiving through the pandemic has felt a lot like going to a war – and, for better or worse, the world will never be the same again. The last two years have reeled in almost a decade’s worth of change, courtesy COVID-19. Almost like a ruth...

Will Metaverse change the travel industry in 2022?
January 04, 2022 02:59 PM AEDT| By Toshiva JainThe world is transforming at a fast pace. The work culture, social gatherings, business trips, everything has drastically changed; thanks to the COVID-19 pandemic. Humans are in the process of building a great civilisation and in this journey, the .....

Apple vs Meta
December 31, 2021 01:02 PM AEDT| By Daniel Paul JohnsHighlights Apple have incentivised their top engineers in silicon design, hardware and software by offering them restricted stock units While Meta has nabbed some one hundred employees directly from Apple, Apple have also enticed several Meta e.....

US stocks retreat after jobless claims data
December 31, 2021 09:46 AM AEDT| By Versha JainBenchmark US indices closed in the red on Thursday, December 30, after the latest labor data showed the first-time unemployment benefits claims declined last week. The S&P 500 declined 0.30% to 4,778.73. The Dow Jones fell 0.25% to 36,398...

Elon Musk quotes William Shakespeare when asked about Bitcoin’s creator
December 31, 2021 05:00 AM AEDT| By Priyanka PayalHighlights Elon Musk stated that he agrees with the widespread belief that cryptocurrency expert Nick Szabo, the man behind Bitgold, might be Satoshi Nakamoto, the mysterious creator of bitcoin. In the year 2014, few linguistic researchers care.....

Russia says its Nord Stream 2 pipelines will stabilise gas prices
December 31, 2021 12:21 AM AEDT| By Priyanka PayalHighlights Russia says that its Nord Stream 2 pipelines are on track with the completion of filling the second pipe with gas. It is alleged that the project is not complying with European law. The Nord Stream 2 gas pipeline is seen as a danger.....
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