World news

Biden Gets Ready for White House Despite Trump’s Refusal to Concede
November 15, 2020 12:52 AM AEDT| By Team Kalkine MediaThe presidential race to the White House has finally come to an end with Joe Biden elected as the 46th President of the US on Saturday, 7 November 2020. The Democratic presidential candidate won after giving a tough fight to outgoing US President D.....

E-commerce boom: Brazil the next major country to reap the benefits
November 14, 2020 04:17 AM AEDT| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....

Ford Unveils New All-Electric Commercial Transit Van
November 13, 2020 04:33 PM AEDT| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....

COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off
November 12, 2020 06:13 PM AEDT| By Kunal SawhneyThe US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate, BNT162b2 is 90% effective in preventing.....

How will Biden victory affect health insurance in the US?
November 12, 2020 05:06 PM AEDT| By Edita IvancevicAfter the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with a smile on their face. Fireworks, beeping cards, and singing pop classics could be both seen and .....

Why Royal Caribbean shares saw a 29% spike
November 11, 2020 10:53 PM AEDT| By Hina ChowdharyThe travel and tourism industry has been hit the hardest by the backlash of the coronavirus pandemic as most countries restricted international and non-essential domestic travels after the Covid-19 cases started spreading. A .....

Is Hydrogen the fuel of the future?
November 11, 2020 03:59 PM AEDT| By Edita IvancevicIn a world where the need for sustainable energy is growing by the day, engineers are facing a crucial task of finding new resources. After NASA started using hydrogen fuel for their spaceships, hydrogen as an element leapt to the limelight. It is.....

Petco plans to go public, files IPO with the US Securities and Exchange Commission
November 11, 2020 02:19 PM AEDT| By Hina ChowdharyPetco Animal Supplies Inc has announced its intentions to go public in the US after having submitted a registration form S-1 to the US Securities and Exchange Commission (SEC) for the review. However, the IPO is still in its initial stages, and the.....
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Brazil Halts Clinical Trials of Sinovac’s COVID-19 Vaccine, CoronaVac
November 10, 2020 05:26 PM AEDT| By Team Kalkine MediaAnvisa, the Brazilian health regulator, has paused the Chinese pharmaceutical company Sinovac Biotech Ltd’s (NASDAQ:SVA) COVID-19 final-stage clinical trial. The trials were put on a halt due to the detection of a severe adverse event. .....

China's October 2020 CPI growth rate falls to 11-year low, PPI drops for ninth straight month
November 10, 2020 04:18 PM AEDT| By Team Kalkine MediaThe growth rate of China’s consumer price index (CPI), the indicator of retail inflation in the country, has fallen to the lowest level in 11 years since the subprime mortgage-led catastrophe rattled the financial markets across the w.....

GE Healthcare in partnership with GenesisCare to deliver improved Cancer and Cardiovascular treatments
November 10, 2020 03:33 PM AEDT| By Hina ChowdharyGE Healthcare is the healthcare division of the American multinational conglomerate, General Electric (NYSE: GE). The division alone is valued at US$16.7 billion and provides medical technology and related digital solutions on a global scale. .....

Pfizer, BioNTech’s share prices jump on upbeat COVID-19 vaccine news
November 10, 2020 01:13 PM AEDT| By Team Kalkine MediaOn 9 November 2020, Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced that their vaccine candidate, BNT162b2 was found to be over 90% effective for the prevention of COVID-19 in Phase 3 participants with no evidence of an earlier SARS-C.....

AstraZeneca (AZN) and Regeneron (REGN) beat COVID-19 blues, report strong Q3 results
November 10, 2020 12:24 PM AEDT| By Team Kalkine MediaDuring the current reporting season, several companies have reported losses due to the impact of the ongoing pandemic. However, in the healthcare sector, some companies have witnessed moderate to high growth in revenues. This is because there have .....

Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 08, 2020 12:14 AM AEDT| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....

Why did the streaming video service Quibi fall?
November 08, 2020 12:10 AM AEDT| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....

5 emerging Tech trends to rock the world after coronavirus
November 07, 2020 03:59 AM AEDT| By Kunal SawhneyThe value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19. With work from home becoming the new normal, technology is playing a significant role in supportin.....

US Presidential Election 2020: Federal reserve interest rates hold steady
November 06, 2020 05:51 PM AEDT| By Team Kalkine MediaThe Federal Reserve has pledged to take every step to sustain the U.S. economic recovery in coming months, which is threatened by the spread of the deadly coronavirus pandemic and the uncertainty being faced over a still undecid.....

Massive growth on the cards for Medical Equipment Repair Market
November 06, 2020 04:29 PM AEDT| By Team Kalkine MediaThe medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to boom further in the future. The main factors driving the medical equipment repair market are incre.....

Japan Post agrees to sell Toll Global Express business
November 06, 2020 02:13 PM AEDT| By Team Kalkine MediaJapan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics subsidiary Toll Holdings Ltd. By selling this business, Japan Post aims to concentrate on making Toll.....

US observed a surge in coronavirus cases after Election day
November 06, 2020 12:19 PM AEDT| By Team Kalkine MediaUS has set a 1-day record for new coronavirus cases on 4 November. The average daily confirmed cases jumped to an all-time high in the US as the country lingers on a knife-edge for a President. As per John Hopkins University, daily fresh coronavir.....
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