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News
Google Partners with Aramco to Tap Saudi Cloud Market
December 24, 2020 01:43 PM AEDT| By Hina ChowdharyGoogle and Saudi Aramco have joined hands to add the Kingdom to the global network of Google Cloud Platform. Under the deal, the technology giant would start selling its cloud computing services to the Saudi market through state-owned oil behemoth Ar...
Ardern asked to tighten her belt amid new COVID-19 strain?
December 24, 2020 01:39 PM AEDT| By Team Kalkine MediaThere have been increasing worries about a new strain of coronavirus in the UK, which is believed to be about 70% more transferrable. The strain is suspected of having either occurred in a patient in the UK or has been introduced from a country wi.....
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Residential property market sees a significant surge in New Zealand
December 23, 2020 04:46 PM AEDT| By Team Kalkine MediaKiwis have rerouted their funds into buying property, which they, otherwise, would have spent on overseas travel. The annual review of the Real Estate Institute of New Zealand (REINZ) showed that Kiwis spent about $12 billion more on buying houses i...
Apple on the road? Tech giant eyes car production by 2024
December 23, 2020 01:43 PM AEDT| By Edita Ivancevicby anonymous Apple employees, as Apple refused to comment on future arrangements. Tech behemoth Apple Inc. is now planning to sink its teeth into car production. The firm aims to dabble in self-driving car technology and develop a passenger veh....
OurCrowd-BNZ partnership to boost prospects for NZ startups
December 23, 2020 01:19 PM AEDT| By Team Kalkine MediaOurCrowd, a global venture investing platform and the most active venture investor in Israel, and Bank of New Zealand (BNZ) entered into a partnership on 22 December. The collaboration will open the doors of OurCrowd's venture funds, companies, and.....
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Fresh strain of virus cases in the UK leaves New Zealand worried
December 22, 2020 06:43 PM AEDT| By Team Kalkine MediaWith COVID-19 creating havoc in 2020, people were looking ahead to find some respite from it in the upcoming period. However, with new variation of the virus being found in the United Kingdom, it seems to be far-fetched. Image Source: Shuttersto.....
Is Coronavirus Mutation Slower than Seasonal Influenza?
December 22, 2020 05:06 PM AEDT| By Kunal SawhneyUK officials have observed a new mutation of the coronavirus that is spreading rapidly and highlight that it is highly transmissible. Several countries across the globe are imposing lockdown and travel restriction to avoid the spread of the new, co.....
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Iron ore jolts another record high, is there more steam left in the rally?
December 22, 2020 04:37 PM AEDT| By Team Kalkine MediaIron ore prices are once again capturing the attention as the prices spike to another record high over supply concerns and robust demand from China. The commodity clinched RMB 1,194.00 per dry metric tonne on the Dalian Commodity Exchange (DCE) on 21...
Meridian’s activities resulted in a spike in electricity prices: Electricity Authority
December 22, 2020 04:17 PM AEDT| By Team Kalkine MediaA finding made by the Electricity Authority revealed that an undesirable trading situation (UTS) caused power prices to shoot up and extra fossil fuels to be burnt. In December last year, UTS happened for 3 weeks when Meridian Energy Limited (NZX: ME...
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NZX confesses cybersecurity was not up to par before the attacks
December 22, 2020 03:46 PM AEDT| By Team Kalkine MediaThe New Zealand Stock Exchange (NZX), recently, admitted that its cyber security standards may not have been up to the mark in the recent past as several new cases of cyber-attacks have made way. Image source: Shutterstock ODESC to.....
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Allergic Reactions to Pfizer’s COVID-19 Vaccine Under FDA Scanner
December 22, 2020 02:48 PM AEDT| By Hina ChowdharyThe US Food and Drug Administration (FDA) has initiated an investigation into the allergic reactions caused by Pfizer-BioNTech COVID-19 vaccination. The probe comes after people in various US states reported allergic reactions to the vaccine. Im.....
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China Shudders as Aussie Coal Boycott Causes Power Shortage
December 22, 2020 02:19 PM AEDT| By Team Kalkine MediaPower outages, which were thought to be a thing of the past, have recently made a comeback, becoming the new normal in China. The residents of the Hunan and Zhejiang provinces have criticised the issue highly, with the Chinese social media platform.....
After UK, New COVID-19 Strain Found in Australia, the Netherlands, and Denmark
December 22, 2020 12:54 PM AEDT| By Kunal SawhneyJust as the world celebrated the launch of new COVID-19 vaccines, a new virus mutation detected which is highly contagious. The new strain initially detected in parts of the UK, was also found in a few other nations. With the emergence of th.....
As demand soars, Bitcoin’s price reaches an all-time high
December 22, 2020 11:52 AM AEDT| By Edita Ivancevicwarn that Bitcoin’s high volatility could also take a downturn at any time. Many financial experts had predicted Bitcoin would reach its all-time high worth by the end of this year. The cryptocurrency reached a whopping US$23,770.85 earl....
What Is Dogecoin & Why Is Elon Musk Tweeting About It?
December 21, 2020 10:43 PM AEDT| By Kunal SawhneyMeme-inspired cryptocurrency Dogecoin, or ‘Doge’, soared in the markets after Tesla (TSLA: US or NASDAQ: TSLA) CEO Elon Musk gave it shout-out while lambasting the rising bitcoin in a series of tweets. The tweets came after crypto gian.....
Amazon asks CDC for early COVID-19 vaccination of its essential workers
December 21, 2020 06:04 PM AEDT| By Edita Ivancevicroposal gets accepted, all workers should receive their jabs in Phase 2a. Amazon is trying to persuade the Centre for Disease Control and Prevention (CDC) to give all Amazon essential workers early access to the coronavirus vaccine. In a letter...
The Roku-WarnerMedia deal: What’s in store for Americans
December 21, 2020 04:18 PM AEDT| By Edita Ivancevicst subscriptions for HBO Max, which currently has around 12.7 million subscribers. The streaming service HBO Max is finally available on the Roku (NASDAQ: ROKU) devices. The breakthrough joint-service started on 17 December. WarnerMedia, the co...
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US Congress Strikes USD 900 Billion Stimulus Deal for Coronavirus
December 21, 2020 04:09 PM AEDT| By Team Kalkine MediaThe relentless coronavirus pandemic has forced the US Congress to provide further stimulus to the ailing economy. After marathon negotiations, the stimulus deal finally saw the light of day on Sunday, 20 December 2020, when the US lawmakers agreed .....
Australia, New Zealand Travel Bubble Arrangement Comes Under Doubt
December 21, 2020 03:44 PM AEDT| By Kunal SawhneyThe recent travel bubble arrangement between Australia and New Zealand might not materialise due to recently found coronavirus clusters in Sydney. In view of recent surge in the coronavirus cases in Sydney’s northern beaches and a new strain.....
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Before his White House departure, Trump has a spree of mining, energy project approvals
December 21, 2020 03:25 PM AEDT| By Hina ChowdharyAs per media reports, the United States President Donald Trump is rushing to flag off a final wave of major mining and energy projects on the federal lands. This comes ahead of him leaving the White House. Many requests across the United States are...
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