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Trump admin greenlights Land Swap for Resolution Copper Project
January 18, 2021 12:58 AM PST| 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...
Medsafe, its Norwegian counterpart in touch to study side effects of Pfizer-BioNTech vaccine
January 17, 2021 11:01 PM PST| By Team Kalkine MediaNew Zealand health officials became cautious following the deaths that occurred due to COVID-19 Pfizer-BioNTec vaccine in Norway. Medsafe, the Medicines and Medical Devices Safety Authority, which is also looking at the efficacy and safety of COVI.....
Trump administration halts supplies to Huawei, says Reuters
January 17, 2021 08:35 PM PST| By Team Kalkine MediaThe Trump administration has informed Huawei suppliers and Intel that is cancelling some permits to sell to the Chinese firm. It further aims to reject several other applications to supply the telecommunication company. The step taken by the Trump.....
Growing Safety Concerns around Pfizer-BioNTech’s Vaccine; here’s what you need to know
January 17, 2021 05:43 PM PST| By Team Kalkine MediaThe COVID-19 vaccine, jointly developed by Pfizer Inc (NYSE:PFE) and BioNTech SE’s (Nasdaq:BNTX), has come under the spotlight with doubts being raised concerning the vaccine’s safety profile. The mRNA-based vaccine candidate, BNT162b2.....
Joe Biden Set To Become The 46th US President: Key Highlights
January 17, 2021 07:12 AM PST| By Team Kalkine MediaSource: Stratos Brilakis, Shutterstock Summary Stage set for Joe Biden’s swearing-in as the 46th US President on Wednesday Health, energy, and technology stocks may see a major boost Energy firms anxious over fate of Keystone proje...
Will the World be Able to Put The Kibosh on COVID-19 in 2021?
January 16, 2021 05:55 AM PST| By Kunal SawhneyAt the end of 2019, a devastating monster virus sneaked into our lives. First, it gripped the emerging global superpower China, and before any country could sense the danger, the virus had spread across the world. Extensive .....
Why are non-auto majors hopping onto autonomous car bandwagon?
January 16, 2021 05:48 AM PST| By Team Kalkine MediaYou order a ride from Uber, and within a few minutes, a car arrives to pick you up. Once you hop in, you are surprised to see there is no one at the driver’s seat. Yes, welcome to the world of autonomous or self-driving cars. Many believe th.....
Is NZ’s Domestic Pork Industry Set To Pick Up In 2021
January 16, 2021 05:47 AM PST| By Kunal SawhneyPork farming is the only primary industry in New Zealand that does not cater completely to domestic demand and does not export. In fact, New Zealanders are more dependent on imports of pork as the domestic pork industry has not been able to.....
Corporates rush to grab a bite of the Bitcoin rally
January 16, 2021 05:32 AM PST| By Hina ChowdharyBitcoin, the cryptocurrency which started trading in 2009, has sparked off a new trend of blockchain technology and is now being implemented across industries from banking to diamonds. Bitcoin Daily Price Quote 5-year as on 15 January 2021 Chart.....
The Who’s Who of Joe Biden’s US Cabinet
January 16, 2021 05:29 AM PST| By Team Kalkine MediaUnited States President-elect Joe Biden is set to take over the White House next week and his nominated list cabinet members are at the ready. With Democrats having a majority in the Senate, Biden is likely to get the people he has nomin...
25th Amendment Explained: What is it and How does it work?
January 15, 2021 09:09 AM PST| By Team Kalkine MediaMany unpleasant events have unfolded since the most talked-about 2020 US presidential election outcomes. But the recent mayhem at the Capitol Hill in Washington stunned the world. The march of Trump's supporters into the Capitol Hi.....
The rise of Robinhood in 2020 amid controversies
January 15, 2021 08:58 AM PST| By Team Kalkine MediaThe year 2020 had been volatile for the stock market. The share market was gripped by fear and massive uncertainty throughout the year, adding to the market volatility. New or first-time traders saw a lot of opportunities in such a market c.....
How Chinese Ban on Australian Coal Reshuffled The Global Coal Trade?
January 14, 2021 10:20 PM PST| By Kunal SawhneyThe Australian mining sector accounts for around 10% of the country’s GDP and makes up for over 50% of the nation's exports. Asian countries including China, Japan and South Korea are the major importers of Australian resources. The Oceanian.....
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 14, 2021 08:50 PM PST| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....
Xiaomi shares slip after the US investment ban
January 14, 2021 08:41 PM PST| By Team Kalkine MediaCranking up pressure on Beijing, the United States’ Department of Defence has blacklisted nine Chinese companies, including Xiaomi Corporation. The US investors would be barred from investing in the alleged “Communist Chinese military c.....
Sharp rise in New Zealand’s house prices continues
January 14, 2021 08:27 PM PST| By Kunal SawhneyThe NZ property market is running red hot as the new data by REINZ in December showed the housing prices setting records for the fourth consecutive month. Swift rebound from COVID-19, record low interest rates, and tax system alterations, have led ho...
What’s Inside Joe Biden’s US$1.9 Trillion Coronavirus Rescue Package?
January 14, 2021 07:24 PM PST| By Kunal SawhneyA long-raging presidential battle packed with a series of overturning events appears to be finally over, and Joe Biden is expected to take oath as the US President in a public ceremony on 20 January 2021. However, before assuming his office, Joe Bi.....
The spotlight on Affirm and its bearing on the Market
January 14, 2021 06:36 PM PST| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
Are increasing bond yields an indication of looming inflation?
January 14, 2021 05:10 AM PST| By Mark O'DonnellThe yield on the NZ 10Y Government Bond has jumped 21.1 basis points in the past month. The 10Y bonds stood at a yield of 1.068% reflecting an increase from 14 December 2020 noted at 0.939%. As bond yields are typically tied to inflation (bo.....
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Tesla (NASDAQ: TSLA) Asked to Recall 158,000 Vehicles Over Safety Issues
January 14, 2021 12:55 AM PST| By Team Kalkine MediaUS regulator National Highway Traffic Safety Administration has asked EV carmaker Tesla to recall 158,000 vehicles due to safety concerns in the display module that can cause critical failures. It is important to note that electric mobility is sti.....
