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World news
GE’s new wind turbine has the power of 4 Boeing 747 jet engines
January 04, 2021 02:24 AM GMT| 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 01:54 AM GMT| 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 02, 2021 01:16 PM GMT| 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
December 31, 2020 01:59 PM GMT| 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 12:33 PM GMT| 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 04:00 AM GMT| 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 01:48 AM GMT| 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 01:28 AM GMT| 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.....
Biden's $2 trillion green plan to soon be a political reality?
December 31, 2020 01:23 AM GMT| By Hina ChowdharyThe newly elected United States president, Joe Biden’s ambitious $2 trillion green plan might be reaching a political reality for transitioning from the oil industry. The Biden plan to build sustainable infrastructure and economy had been one o...
Growing role of AI in healthcare: Pharma giants make big investments in 2020
December 31, 2020 01:22 AM GMT| By Team Kalkine MediaHealthcare industry is already using artificial intelligence (AI) to diagnose diseases and analyse patients’ data and scans. Now, pharma and biotech players are also harnessing AI for the development of new therapies. Artificial intelligence .....
The Very First Boeing 737 Max Commercial Flight Takes Off In Nearly Two Years!
December 31, 2020 01:08 AM GMT| By Team Kalkine MediaBoeing’s 737 Max has finally returned to the skies in the US with American Air. It’s return to commercial service in the US comes after nearly two years, since the two deadly crashes prompted one of the nation’s longest aircraft g.....
2020: The year tech giants took healthcare space by storm
December 31, 2020 12:56 AM GMT| By Kunal SawhneyMedical technology is transforming the pharmaceutical and biotech sector. The big technology giants have shown interest in the healthcare industry with the accelerated technology adoption amid the ongoing COVID-19 pandemic. Many technology behemot.....
Regeneron terms Covid-19 antibody therapy data ‘encouraging’
December 30, 2020 03:47 PM GMT| By Kunal SawhneyRegeneron Pharmaceuticals Inc (NASDAQ: REGN), the New York-headquartered biotechnology firm, has said that the company has garnered “encouraging data” from the Phase 1/2/3 clinical trials of the Regeneron Covid-19 antibody cocktail. The t...
Unicaja and Liberbank sign a deal to form Spain's fifth largest bank
December 30, 2020 11:28 AM GMT| By Hina ChowdharySpanish lenders Unicaja SA and Liberbank SA are all set to form Spain’s fifth biggest bank by assets with the approval of an all-in share deal by the boards of directors on both the sides. Both the companies have given a nod on 29 December to.....
Moderna to offer its new Covid-19 vaccine to its own employees, contractors, and board members
December 30, 2020 08:29 AM GMT| By Kunal SawhneySummary Moderna was granted emergency use authorization by the US Food and Drug Administration (FDA) on 18 December Moderna’s vaccine has 95 per cent efficacy Canada, South Korea will be procuring 40 million doses of Covid-19 vaccine eac.....
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Brexit deal approved by the EU governments, UK votes on it today
December 30, 2020 07:24 AM GMT| By Team Kalkine MediaEU, the 27-nation economic block has approved the post-Brexit trade deal with the UK, which will allow it to be provisionally applicable from January 1, informed Heiko Maas, the foreign minister of Germany. The country presently holds the rotating .....
Senator McConnell rejects stimulus check increase to US$2000
December 30, 2020 05:37 AM GMT| By Kunal SawhneyAfter the House voted in favour of the stimulus check increase as per Trump's demand, the legislation is stuck at the Senate level. On 29 December 2020, Senate Majority Leader Mitch McConnell obstructed Democrats' effort to immediately increase the C...
A snapshot of 20 most valuable companies on NASDAQ
December 30, 2020 03:05 AM GMT| By Team Kalkine MediaNASDAQ is a stock exchange based in New York, United States of America. It is one of the leading stock exchanges in the world where many technology companies aspire to list. It has also pioneered the electronic stock market, being the world’s f...
Intel shares closed higher after agreeing with Third Point LLC
December 30, 2020 01:55 AM GMT| By Kunal SawhneyIntel Corporation shares closed 4.93% on Tuesday in the US after the company acknowledged to improve ‘shareholder value’ and work with Third Point LLC towards the goal of enhancing shareholder value. Source: MegapixlTM Third P.....
US reports first case of the highly contagious new COVID-19 strain
December 30, 2020 01:50 AM GMT| By Hina ChowdharyThe US reported its first case of the new COVID-19 strain on 29 December. The highly contagious strain was first detected in the UK and led to travel restrictions and widespread lockdown in the European nation. Health officials stated that the new.....
