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Hyundai Motor, Apple to Tie Up for Creating Electric Mobility Solutions
January 08, 2021 11:08 AM GMT| By Hina ChowdharyShares of South Korean multinational automotive manufacturer Hyundai Motor Co (KRX: 005380) rallied nearly 20 per cent on the Korea Exchange after the automaker announced that it is in talks with US tech giant Apple for development of electric mobi.....
Cryptocurrency Market Cap Crosses $1 Trillion As Bitcoin Soars Above $40,000
January 08, 2021 10:31 AM GMT| By Kunal SawhneyBlockchain-based cryptocurrencies are rallying on Wall Street as investors display confidence over Bitcoin as a sustainable asset. The world’s most prominent cryptocurrency soared over a record US$ 40,000 on Thursday, doubling in valu.....
Social media giants ban President Trump Accounts
January 08, 2021 09:32 AM GMT| By Team Kalkine MediaAfter the Capitol Hill violence on Wednesday condemned by the world leaders across the countries, the social media giants have come into the action. Facebook has announced banning Trump's account for at least until the incumbent President's term ge.....
Boeing to pay $2.5 Billion to Settle Charges in 737 MAX Crash probe
January 08, 2021 08:05 AM GMT| By Kunal SawhneyUS multinational aerospace company Boeing Co (LON: BOE) during a Justice Department investigation has admitted that its employees deceived aviation administration about safety matters linked to two fatal crashes of its 737 MAX jet in 2018 and 2019......
Story of Elon Musk: A Dreamer's Journey to Becoming The World's Richest
January 08, 2021 06:25 AM GMT| By Kunal Sawhney2020 was a blockbuster year for EV maker Tesla and its boss Elon Musk despite the COVID-19 blues. Continuing his winning streak, the outspoken maverick has entered the new year 2021 with a bang, becoming the world's richest person. Elon Musk overt.....
Why Simon and Schuster won’t publish Senator Josh Hawley’s book
January 08, 2021 04:43 AM GMT| By Edita IvancevicFamous American publisher Simon and Schuster has decided against publishing Senator Josh Hawley’s latest book, as the Senator was one of the members who sought to overturn the President-elect Joe Biden’s victory. Hawley, a Republican S.....
Boeing Enters DPA in 737 MAX Probe, Agrees to Pay $2.5Bn
January 08, 2021 03:29 AM GMT| By Kunal SawhneyThe United States Justice Department and the world's largest aerospace company Boeing have reached an agreement concerning a 737 MAX probe. The American conglomerate has agreed to pay USD 2.5 billion to settle a criminal charge of defrauding safety...
Calls grow for removal of Trump via 25th amendment or impeachment
January 08, 2021 02:31 AM GMT| By Team Kalkine MediaThe tumultuous pictures coming from the US Capitol have forced the authorities and lawmakers of the US to ponder upon the impeachment of President Donald Trump prior to Joe Biden taking over as the next president. Violent and raucous scenes pla...
Shopify bans Trump-affiliated stores after Capital turmoil
January 08, 2021 01:58 AM GMT| By Edita IvancevicThe e-commerce giant Shopify has decided to remove US President Donald Trump’s stores from its platform. The Canadian company pulled out all merchandise related to the sitting president as a response to recent riots in the US capital Washing.....
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 07, 2021 04:21 PM GMT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
US Congress Upholds Joe Biden’s 2020 Presidential Win, Trump Accepts Defeat
January 07, 2021 12:32 PM GMT| By Hina ChowdharyThe US Congress has formally certified President-elect Joe Biden’s victory in the 2020 presidential election in the early morning hours of Thursday, January 7. In the joint session held by the House and Senate, congressional leaders confirmed.....
CureVac NV (NASDAQ: CVAC) strikes a deal with Bayer AG for its Covid-19 vaccine
January 07, 2021 12:29 PM GMT| By Kunal SawhneyThe German drugmaker Bayer AG has announced an agreement to collaborate with biotech company CureVac NV (NASDAQ: CVAC) to assist it in the development and supply of CVnCoV, another Covid-19 vaccine candidate. The alliance formed by both German com.....
US Capitol Riots: Facebook and Twitter block Trump’s Accounts
January 07, 2021 09:24 AM GMT| By Team Kalkine MediaIt was a Black Wednesday for the United States. The US Capitol was under siege when an armed and angry mob stormed one of the most iconic buildings and attacked the police when the Congress was about to validate Joe Biden’s presidential win. .....
Willis Towers Watson names Lee Garvey as Financial Solutions head for ANZ
January 07, 2021 06:53 AM GMT| By Team Kalkine MediaWillis Towers Watson, an international advisory, broking, and solutions firm, has roped in Lee Garvey as the head of financial solutions for ANZ. Lee Garvey has re-joined the Company after leaving in 2012. In between, he worked with a global insur.....
Democrats win Senate majority, woman shot dead during White House chaos
January 07, 2021 04:35 AM GMT| By Edita Ivancevicockdown, as Trump supporters started protesting against the president-elect Biden. The state of Georgia concluded an ongoing political run-off between Democrats and Republicans after Democrat Jon Ossoff secured the party’s majority in the...
Pro-Trump Protesters Attack US Capitol Hill, One Dead
January 07, 2021 03:25 AM GMT| By Team Kalkine MediaShocking after-effects of the US presidential election seem far from coming to an end. Amid the prolonged tense situation where the incumbent President Trump has been refusing to accept the election results, the course of events took an ugly turn o.....
NYSE now confirms delisting of three Chinese telcos
January 07, 2021 01:32 AM GMT| By Kunal SawhneyFor the second time in less than a week, the New York Stock Exchange (NYSE) has said it would delist the NYSE-listed shares of three Chinese telecommunications companies. Source: Pixabay The exchange had reversed its original decision aft.....
Wereldhave (AMS: WHA) Disposes Shopping Centers To French Company Vinci SA
January 06, 2021 01:23 PM GMT| 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 12:38 PM GMT| 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 09:51 AM GMT| 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 .....
