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News
JobKeeper Scheme to cost an extra $15 billion amid Victoria crisis
August 07, 2020 09:51 PM AEST| By Team Kalkine MediaSummary Changes worth $15 billion were made in the extended JobKeeper scheme. Businesses will now have to prove a decline in their GST turnover for only one quarter to qualify for JobKeeper extension, and workers will also qualify for the schem.....
Top 10 richest people in the UK
August 07, 2020 09:27 PM AEST| By Team Kalkine MediaIn the times of the coronavirus pandemic, we wake up every day to the reports of new losses in businesses, market turmoil, job cuts, etc. But today, we bring something to cheer for by talking about wealth and affluence-stories of creation of riches.....
Farming and Food: NZ setting up a billion-dollar Apple and Pear industry in 2 years
August 07, 2020 05:08 PM AEST| By Team Kalkine MediaSummary Amid COVID-19, harvesting of apples and pears in NZ continued by following strict regimes, with ~14 thousand workers harvesting ~ 600 thousand tonnes of fruit (as on 3 April 2020) for processing, as well as consumption in both domestic a.....
Australian Billionaires Riding the Market Tide Adding More Billions?
August 07, 2020 05:00 PM AEST| By Team Kalkine MediaThe richest people on earth are not immune to the treacherous novel coronavirus. Despite this, expert consensus opines that the globe's richest people continue to grow richer, as COVID 19 topples the world economy and pushes activities online. Loo.....
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Scoop the Stock Soup: FAANG, Tesla
August 07, 2020 03:05 PM AEST| By Team Kalkine MediaSummary Technology players, particularly the US FAANG companies have played a significant role in battling the pandemic, leveraging a swathe of opportunities to outshine in the crisis. Of late, tech market darlings, FAANG stocks have been sweep.....
Labour Market Conditions in The UK Improve as More Sectors Open Up, But Outlook Still Remains Grim
August 06, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The REC and KPMG employment index for July stood at 43.4, up from 34.3 recorded in the month of July The improvement in the employment index in July is being attributed to the opening up of the hospitality sector, the largest employment.....
BP's plan for zero carbon emission by 2050, will other companies follow the suite?
August 06, 2020 08:14 PM AEST| By Team Kalkine MediaSummary Oil majors BP & RDSA have vowed to reduce carbon footprint by 2050 Supermarket operators SBRY & TSCO are likely to become carbon neutral in the next few decades There are some sectors where reducing carbon footprint still seems.....
Impact of Coronavirus on Australian Economy and Way Forward
August 06, 2020 06:29 PM AEST| By Edita IvancevicSummary A start of the new pandemic that originated in Wuhan, China created a global health challenge and an economic catastrophe. Just after the most horrific bushfire season ended, Australians needed to adapt to a “new normal”. B.....
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Unemployment, Financial and Economic Crunch: 3 Things that Kiwi landers May Consider to Sail Though
August 06, 2020 05:59 PM AEST| By Team Kalkine MediaSummary New Zealand’s critical unemployment scenario despite its significant success against the virus indicates an impending concern for the New Zealanders. The hard-hit travel sector might have still to wait for the potential Tran.....
Cybersecurity and the Requirement of a Resilient Environment in Australia
August 06, 2020 01:59 PM AEST| By Edita IvancevicSummary Since the Cambridge Analytica scandal, people became more aware of the value of cybersecurity. More jobs being created in the cybersecurity industry after more cyber attacks had been happening. There are various possible ways of mainta.....
Coronavirus effect: Virgin Atlantic’s bankruptcy increases spotlight on airline stocks
August 05, 2020 11:00 PM AEST| By Team Kalkine MediaSummary Facing the Covid-19 crisis, Virgin Atlantic filed for bankruptcy after a month old announcement of securing £1.2 billion in funding. Despite higher cost and lower income, airlines need to invest in safety measures to check the spr.....
Goods exports to China are now nearly half of the total Australian Exports
August 05, 2020 10:10 PM AEST| By Team Kalkine MediaSummary Australian trade surplus rocketed to $8.2 billion in June 2020, driven by rising export of iron ore to China where surged steel production culminated in high iron ore demand. The robust trade statistics come at a time when severe .....
Prime Minister Scott Morrison’s Plan on Economic Recovery – 5 Aspects to be Looked at
August 05, 2020 09:45 PM AEST| By Edita IvancevicSummary A recent emergency state declared in Victoria put new challenges to the Australian health and economy. JobTrainer program is expected to create more jobs that will be needed in the future. Mr Morrison is planning to invest a lot of mon.....
Robinhood Traders Responsible for Moves in Markets
August 05, 2020 07:57 PM AEST| By Team Kalkine MediaSummary Day trading has taken a leap in the wake of the pandemic, as retail investors have found making money easy and fast. At the heightened market volatility in March, there had been an addition of a large number of new traders. The stock ma.....
Coronavirus Vaccine - ‘Silver bullet’ OR NOT as per WHO
August 05, 2020 06:38 PM AEST| By Team Kalkine MediaSummary World Health Organization (WHO) stated that at the moment, there is ‘no silver bullet’ for COVID-19 and that could hold for the future as well. The international body advised all countries to precisely implement health .....
Gold Supply Disruptions and Paradigm Shift in Gold Miners’ Business Strategy
August 05, 2020 06:31 PM AEST| By Team Kalkine MediaSummary Gold is once again talk of the town with recent surge in gold spot to a record high of USD 2,031.07 per ounce, well above the much-awaited mark of USD 2,000 per ounce. Investors have embraced gold in 2020, leading to a gush in spot pric.....
Job losses Continue Unabated at Major British Companies
August 05, 2020 06:15 PM AEST| By Team Kalkine MediaThe spate of job losses in the United Kingdom is not showing any signs of abatement even after the lockdown has been opened in the past three months. Many major companies in the country have announced redundancies in the last month despite evidence.....
NZ Legalising Cannabis: Is It Worth Rolling The Bill?
August 05, 2020 01:36 PM AEST| By Team Kalkine MediaUpcoming September voting on the Cannabis Legalisation and Control Bill to be introduced by the New Zealand Government will decide the fate of recreational cannabis in the nation. Will it be legal or continue to be illegal; shall be voted in one o.....
The TikTok Talk: Microsoft's Efforts around Pocketing a Big deal
August 05, 2020 12:00 AM AEST| By Team Kalkine MediaThere was a buzz in the market related to Microsoft buying Chinese technology company TikTok. On Sunday 2 August 2020, Microsoft confirmed the buzz that it had a discussion with the Chinese technology Company ByteDance concerning the acquisition of.....
Tech boom & FAANG Stocks: Investors look for another wave of high stock price levels
August 04, 2020 05:45 PM AEST| By Team Kalkine MediaSummary Technology, along with healthcare, has been among the best performing sectors led by new opportunities created by the pandemic. FAANG stocks are the primary drivers of the NASDAQ composite, with a substantial contribution of over 10% fr.....
