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Fire at serum institute, will this impact vaccine rollout?
January 25, 2021 03:18 AM GMT| By Hina ChowdharyOn 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire. The S.....
Iconic Talk Show Host Larry King Dies At 87
January 23, 2021 03:28 PM GMT| By Team Kalkine MediaLarry King, the iconic American talk show host and journalist, who charmed millions with his TV and radio programs, breathed his last on January 23, 2021. He was 87. Mr King passed away at Cedar-Sinai Medical Center in Los Angeles, US, said a statem...
Investors Gung-Ho on Electric Vehicle Start-up Rivian
January 23, 2021 01:22 PM GMT| By Hina ChowdharyThe electric vehicle space has been revving up lately, on account of growing support from consumer, industry, and government for the transition to clean fuel vehicles. With technological advancements and rollout of new models, the future looks brig.....
Prisa (BME: PRS) shares skyrocket 21% as Vivendi (EPA: VIV) agrees to acquire 7.6% stake
January 22, 2021 03:42 PM GMT| By Hina ChowdharyShares of Madrid-headquartered media conglomerate Prisa, Promotora de Informaciones, SA, (BME: PRS), skyrocketed more than 21 per cent, on Friday, after the Paris-based media giant Vivendi (EPA: VIV) agreed to acquire 7.6 per...
EU car sales report worst-ever decline 2020, thanks to the COVID-19 Pandemic
January 22, 2021 02:57 PM GMT| By Hina ChowdharyDespite moving into the new year, the pandemic-related challenges continue to affect the world economy with no quick-fix in sight at the moment. 2020 was a defining year in many ways due to the significant challenges faced by societies and busines.....
How will Biden's Presidency impact the US energy industry?
January 22, 2021 02:54 PM GMT| By Kunal SawhneyShutterstock Image Joe Biden sworn in as the 46th U.S. president on Wednesday evening, just seven days after Donald Trump's allies declined to acknowledge the then incumbent President's defeat. On the very first day after taking the charge,.....
Cellnex Telecom (BME: CLNX) and Deutsche Telekom to Merge Tower Business
January 21, 2021 03:50 PM GMT| By Kunal SawhneySpanish and German telecommunications infrastructure company Cellnex Telecom S.A. (BME: CLNX) and Deutsche Telekom AG (ETR: DTE) have agreed to merge their tower business. The combination of T-Mobile Infra BV, Deutsche Telekom’s tower b.....
BYD Co shares rise 2-6% as it raises $3.9 billion from share sale
January 21, 2021 01:46 PM GMT| By Kunal SawhneyThe Hong Kong-listed shares of the Shenzhen-headquartered diversified automaker BYD Co Ltd (HKG: 1211) rose nearly 2 per cent, while the Shenzhen Stock Exchange-floated component (SHE: 002594) jumped a little more than 6 per cent, on Thursday. The .....
Kiwi Chris Liddell withdraws from race to head OECD after landing into controversies
January 21, 2021 08:18 AM GMT| By Team Kalkine MediaExpat New Zealander Chris Liddell backed out of the race to head the Organisation for Economic Co-operation and Development (OECD). Lidell, who was a former US President Donald Trump’s nominee, had announced on Tuesday that he was withdrawing h...
Biden signs order for US to rejoin Paris climate accord
January 21, 2021 04:16 AM GMT| By Team Kalkine MediaHours after taking oath as the President of the United States on Wednesday, Joe Biden announced that the US will rejoin the Paris climate agreement. In one of his first actions in the White House, Biden signed an executive order that will see the U.....
Trump a no-show as Biden swears in as US president
January 21, 2021 12:53 AM GMT| By Kunal SawhneyDemocrat Joe Biden was sworn in as the 46th President of the United States on Wednesday, taking over reins from outgoing President Donald Trump. Biden, 78, is the oldest president in US history. Earlier, Biden had served as Vice President under for.....
GM & Cruise Partner with Microsoft for Self-Driving Vehicles
January 20, 2021 07:48 PM GMT| By Team Kalkine MediaGeneral Motors is once again hitting the headlines after it announced a partnership with Microsoft. In a public announcement Tuesday, GMC and Cruise LLC has inked a long-term strategic relationship with Microsoft in order to give a push to the commer...
Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months
January 20, 2021 02:43 PM GMT| By Team Kalkine MediaChinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online.....
Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket
January 20, 2021 11:37 AM GMT| By Kunal SawhneySummary Netflix Inc crossed the 200 million paid subscribers mark for the first time. In FY20, Netflix added 37 million paid memberships translating into a total revenue of $25 billion. Netflix shares rallied by more than 1.....
Telefónica Deutschland Holding AG Announces Enhanced Dividend
January 19, 2021 02:55 PM GMT| By Kunal SawhneyTelefónica Deutschland Holding AG (LON: 0QAL) released a strategy update on 19 January and proposed an increased dividend confirming a successful start to the year. Telefónica Deutschland, popularly known as O2, has delivered strong .....
Lindt & Spruengli records growth in sales in Germany and UK
January 19, 2021 11:28 AM GMT| By Kunal SawhneySummary Lindt & Spruengli AG (SWX: LISN) released its sales report for the last year, disclosing a 6.1 per cent drop to CHF 4.02 billion in the organic sales. The online business of the Zuri.....
WHO Chief cautions over inequality amid global COVID-19 vaccine rollout
January 19, 2021 03:43 AM GMT| By Team Kalkine MediaThe head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has blasted the unequal worldwide distribution of COVID-19 vaccine. He stated that it was "not right" that young adults in rich nations were vaccinated ahead of healthcare.....
FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut
January 19, 2021 02:56 AM GMT| By Team Kalkine MediaFiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world. The USD 52 billion deal was finalised after a discussion for over a year. Source © Kalkin.....
Total (EU: CA) acquires 20% minority stake in Adani Green Energy
January 18, 2021 11:18 AM GMT| By Kunal SawhneySummary French oil and energy major Total SE has acquired 20 per cent stake in Adani Green Energy The French oil major aims to generate 35 gigawatts (GW) of gross renewable energy capacity by 2025 The shares of Total were d.....
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Trump admin greenlights Land Swap for Resolution Copper Project
January 18, 2021 08:58 AM GMT| By Kunal SawhneyTrump administration is on a mining approval spree and the latest to reap benefit is the Resolution Copper project in the state of Arizona. The outgoing Trump regime has approved a land swap for a copper mine, which is anticipated to boost the domest...
