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World news
Wereldhave (AMS: WHA) Disposes Shopping Centers To French Company Vinci SA
January 07, 2021 12:23 AM AEDT| By Hina ChowdharyNetherlands-based closed end real estate investment company Wereldhave NV (AMS: WHA) has sold two of its shopping centres to French construction and infrastructure company Vinci SA for €57 million. The valuation was based upon the book value o.....
World Bank on coronavirus vaccination: Working to resolve legal hurdles
January 06, 2021 11:38 PM AEDT| By Team Kalkine MediaDavid Malpass, President of the World Bank Group, has said that the World Bank is working closely with over 100 countries to provide them with low-interest loans and funds so that they can purchase and distribute the Covid-19 vaccines. Dur.....
China denies entry to the WHO team probing COVID-19 origin
January 06, 2021 08:51 PM AEDT| By Kunal SawhneyA team from the World Health Organization (WHO), scheduled to investigate the origins of COVID-19 in Wuhan, has been refused entry by China. Of the two associates of the investigation team who had already set out on their visit, one member has now .....
Jack Ma: The face of China?
January 06, 2021 04:12 PM AEDT| By Kunal SawhneyWith the recent news coming on Mr Jack Ma's disappearance, the entire world is glued to the internet to know the e-commerce billionaire's whereabouts. Before Jack Ma went out of the public eye, he took a few crucial steps, such as stepping back fro.....
Asian stocks slip as political uncertainty grips markets
January 06, 2021 03:50 PM AEDT| By Team Kalkine MediaWith uncertainty looming large over the outcome of Georgia Senate runoff elections, Asian stocks were trading largely in red at the time of writing. The crucial runoffs which would determine the Senate’s future, are too close to call, as per.....
China goes dark thanks to Coal Shortage Unfolds
January 06, 2021 01:49 PM AEDT| By Kunal SawhneySeveral cities across China are facing power outages as authorities limit usage in the wake of coal shortage. Image Source: Shutterstock The trade dispute between China and Australia is now showing some consequences with coal prices shooting high...
Why Did UK PM Boris Johnson Cancel His Trip To India?
January 06, 2021 12:26 PM AEDT| By Team Kalkine MediaNew Year 2021 is full of hope with COVID-19 vaccine developments getting around, but it has not started on a good note, especially for the UK. In a televised address, UK Prime Minister Boris Johnson has instructed approximately 56 million people .....
Why the High-Profile Healthcare JV Haven is Falling Apart
January 06, 2021 12:19 PM AEDT| By Kunal SawhneyIn what is being deemed as a major setback for the health sector, the high-profile joint venture between Amazon, JPMorgan and Berkshire Hathaway has come to an end without achieving its objectives. The joint venture fiasco is reportedly being attri.....
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...
AI on the Rise: A Look at Top AI Companies and Their Stocks