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World news
NYSE reverses its plan to delist three Chinese telcos
January 06, 2021 10:56 AM AEDT| By Team Kalkine MediaThe New York Stock Exchange has reported that it will not delist into the three leading Chinese telecommunication companies. The stock exchange the previously had decided to not move with reported delisting plan as it consulted with relevant regul.....
Teledyne Technologies (NYSE: TDY) to acquire FLIR Inc (NYSE: FLIR) to create a super-sized sensor shop
January 06, 2021 03:26 AM AEDT| By Kunal SawhneyIn a joint statement, the industrial sensor giant, Teledyne Technologies Incorporated (NYSE: TDY) and FLIR Incorporated (NYSE: FLIR), an Oregon-based thermal imaging camera making company said that they have entered into a definitive agreement on 4.....
Sberbank Reports Mega Year for Trade Finance Unit
January 05, 2021 08:35 PM AEDT| By Kunal SawhneyThe banking sector grappled with challenges throughout 2020. From pandemic, rising debt pile, US-China row to the emergence of P2P lending platforms, the banks have seen it all. Despite the prevalent uncertainties, Russia's largest lender Sberbank.....
South African virus strain more dangerous than the UK mutant warn UK health officials
January 05, 2021 06:23 PM AEDT| By Team Kalkine MediaNew coronavirus mutation identified in South Africa is considered more infectious than the strain found in the UK. Experts say that there is no need to panic, even though the British Health Secretary, Matt Hancock, is very concerned about the late.....
China’s telecom shares dive after NYSE announces delisting
January 04, 2021 11:03 PM AEDT| By Team Kalkine MediaShares of Chinese telecommunications companies including China Mobile Communications Ltd (HKG: 0941), China Telecommunications Corp Ltd (HKG: 0728) and China Unicom (Hong Kong) Ltd (HKG: 0762) lost up to 5.6 per cent on Monday, 4 January, the first.....
Atlas Copco Acquires Nano Purification Solutions Brand
January 04, 2021 10:57 PM AEDT| By Hina ChowdharyAtlas Copco AB, a prominent name in the industrial tool industry, has acquired the operating business of compressed air and gas company Purification Solutions LLC and some of its associates. Purification Solutions LLC, which operates under the bra.....
Is Jack Ma Missing Since Criticizing Chinese Govt?
January 04, 2021 08:40 PM AEDT| By Team Kalkine MediaThe whereabouts of high-profile Alibaba founder Jack Ma has been the hot topic for a while now. Reports have it that the billionaire has been allegedly missing since criticizing the Chinese government, having not made any public appearances in over.....
What does the post-Brexit era mean for the British and EU citizens?
January 04, 2021 08:39 PM AEDT| By Edita Ivancevicing rights. The United Kingdom officially moved out of the European Union on 1 January 2021, fully agreeing to the Brexit terms and conditions, which were voted for in 2016. However, the UK had left the EU earlier than 1 January. The EU, the UK...
A Roller-Coaster Ride for Wall Street In 2020; What To Expect Ahead?
January 04, 2021 07:07 PM AEDT| By Team Kalkine MediaThe benchmark index S&P 500 has broken the ‘Rectangle Pattern’ at 3,602.50 level and prices made a new all-time high. After consolidating in the range for more than 3 months, the index registered a decisive breakout that suggests a .....
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India greenlights two COVID-19 vaccines for emergency use
January 04, 2021 06:06 PM AEDT| By Kunal SawhneyIndian drug regulator has authorised two COVID-19 vaccines for millions of Indians. The approval was received just hours after the country initiated a trial run of its massive vaccination program. Covaxin and Covishield got consent by the DCGI (Dr.....
3 Chinese Telcos in the US off to a dismal start of 2021, booted out of NYSE
January 04, 2021 05:07 PM AEDT| By Team Kalkine MediaThe United States is intensifying its crackdown on Chinese companies listed on the US-based stock exchanges as three Chinese telcos are set to delist. Source © Kalkine Group 2020 Overseas companies can list their shares on the US sto.....
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Tesla in the fast lane: How the automaker drove its way into a stellar 2020
January 04, 2021 03:18 PM AEDT| By Team Kalkine MediaTesla Inc released a media statement on Saturday revealing its vehicle deliveries in 2020. Founder Elon Musk congratulated the Tesla team on Twitter for delivering 499,550 electric vehicles in 2020. The steady rise in the popularity and adoption of e...
GE’s new wind turbine has the power of 4 Boeing 747 jet engines
January 04, 2021 01:24 PM AEDT| By Edita Ivancevicare racing to build the most powerful wind turbine for futuristic sustainability. An American conglomerate, General Electric (GE) has manufactured a massive wind turbine prototype in Rotterdam, the Netherlands, currently thought to be the large....
COVID-19: Top US official says Wuhan lab leak most credible theory
January 04, 2021 12:54 PM AEDT| By Team Kalkine MediaIt has been one year since the world first confronted COVID-19, a deadly respiratory disease caused by the novel coronavirus, SARS-CoV-2. The colossal damage caused by the pandemic is evident from the fact that 83.32 million cases have been c.....
Three pandemic-triggered travel changes that are here to stay
January 03, 2021 12:16 AM AEDT| By Team Kalkine MediaThe year 2020 has made it clear that few things will never remain the same because of the coronavirus pandemic. Such as - travelling. As the pandemic started, international travel came to a standstill. Slowly, the pandemic led to a change in the b.....
Major events that shaped the markets in 2020
January 01, 2021 12:59 AM AEDT| By Kunal SawhneyHaving changed our lives in myriad ways, the unprecedented year of 2020 is finally coming to an end. The year began with health and economic panic triggered by the COVID-19 infections and lockdowns across the globe. As per the WHO, the deadly virus...
Generali acquires AXA’s Greek Operation AXA Insurance SA for $202.9m
December 31, 2020 11:33 PM AEDT| By Kunal SawhneyAssicurazioni Generali SpA has signed an agreement on 31 December to acquire the Greek subsidiary of AXA SA, AXA Insurance SA. The total consideration of the deal amounts to 165 million euros ($202.9 million), which is 12.2 times the company’.....
WHO warns coronavirus can become endemic; a wake-up call for 2021?
December 31, 2020 03:00 PM AEDT| By Kunal SawhneyThe ongoing COVID-19 pandemic has taken innumerable lives and caused enormous disruption to economies, families, and societies worldwide. According to the World Health Organization (WHO), there have ~80.77 million confirmed COVID-19 cases, includin.....
Fashion legend Pierre Cardin breathes his last at 98
December 31, 2020 12:48 PM AEDT| By Kunal SawhneyFrench couturier Pierre Cardin, who was known for his new and surprising designs, passed away at the age of 98 on Tuesday. The designer had become famous for bringing luxury fashion to the masses. He designed avant-garde style clothes and preferred.....
How is ESG impacting mining companies?
December 31, 2020 12:28 PM AEDT| By Team Kalkine MediaThe metals and mining arena is progressively presented with environmental, social and governance (ESG) concerns which include critical issues around discharges, water usage, deforestation, and community relations. ESG is a comprehensive approach t.....
AI on the Rise: A Look at Top AI Companies and Their Stocks