World news

Warren Buffett adds US$600 million worth of Apple stocks in Q1
May 03, 2022 06:39 AM AEST| By Team Kalkine MediaHighlights: Warren Buffett added US$600 million worth of Apple stocks in the last quarter. Apple is Berkshire Hathaway’s single largest stock holding. Buffett calls Wall Street a gambling parlor. Berkshire Hathaway Chairman and CEO.....

Which are world’s five costliest cities to rent an apartment?
May 01, 2022 12:52 AM AEST| By AshishHighlights Cost of renting is one of the biggest expenses for anyone seeking a house to live in. The cost varies from city to city. So, one has to carefully choose a place for living, keeping in mind his total wage. The cost of renting an.....

Elon Musk off-loads US$4 billion Tesla stocks after Twitter deal
April 30, 2022 02:38 AM AEST| By Team Kalkine MediaHighlights Elon Musk sold his Tesla stocks worth US$4 billion after his US$44 billion Twitter deal. Musk has now sold over US$20-billion Tesla stocks in the last six months. The Twitter deal is one of the biggest leveraged buyouts in US market.....

Swvl Holdings (SWVL) stock zooms 45% after Zeelo acquisition
April 29, 2022 04:47 AM AEST| By Versha JainHighlights Dubai’s Swvl Holdings specializes in low-cost, eco-friendly mass transit solutions. On Thursday, Swvl announced acquiring ‘smart-bus’ operator Zeelo. The acquisition will likely complete by May 2022. .....

Lucid Group Inc (LCID) bags 10-year Saudi contract for EVs
April 29, 2022 12:01 AM AEST| By Team Kalkine MediaHighlights Lucid Group Inc (Nasdaq: LCID) has bagged a 10-year contract from Saudi Arabia for electric cars. The company will set up a production plant in the country for vehicle deliveries. Lucid to set up a full production plant in Saudi Ara.....

Musk’s ‘cocaine’ tweet creates stir: Is he serious about buying Coca-Cola?
April 28, 2022 03:48 PM AEST| By Daniel Paul JohnsHighlights Elon Musk purchased 100% stake in Twitter for approximately US$44 billion earlier this week. Earlier, the SpaceX founder had said that he wanted to unlock the “extraordinary potential” of the micro-blogging site. Musk ha...

Decoding the saga of “free speech” on Twitter
April 28, 2022 02:58 PM AEST| By Toshiva JainHighlights Elon Musk bought Twitter for US$44 million, stating that the social network has tremendous potential to be unlocked. Musk wants to boost Twitter by easing censorship restrictions and inculcating new algorithms for its better function...

Elon Musk’s Twitter deal sets off worst fall in Tesla (TSLA) stocks
April 28, 2022 12:34 AM AEST| By Team Kalkine MediaHighlights: Tesla shares witnessed a sharp fall on Tuesday after Musk’s Twitter deal. TSLA shares fell 12% to US$876.42, its highest in more than a year. Twitter shares also tanked by 3.9% on Tuesday. Tesla Inc. (TSLA) shares slid 1.....

Elon Musk nears deal to buy Twitter, ending days of wild conjectures
April 26, 2022 05:08 AM AEST| By Team Kalkine MediaHighlights: Twitter nears settling purchase deal with Elon Musk. Deal to end days of speculations since his unsolicited offer to own the company. Musk to take over Twitter after his US$43 billion bid. It could be a watershed moment for so.....

The hybrid work model: Employees love this new pandemic-warped new normal
April 24, 2022 06:34 AM AEST| By Team Kalkine MediaHighlights: The hybrid workplace model is here to stay. A growing number of employees who have tasted its endearing benefits want it retained. The hybrid model brought about a paradigm shift in workplaces. Before the pandemic.....
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Key takeaways from PM Ardern’s visit to Singapore and Japan
April 20, 2022 03:56 PM AEST| By SonalHighlights After February 2020, New Zealand Prime Minister Jacinda Ardern made her first tour abroad to Singapore and Japan. Ardern is on a trade mission to rebuild the NZ economy by reconnecting with these 2 countries. Ardern is scheduled to...

Apollo Global aims to assist in financing of Twitter’s bid
April 19, 2022 04:37 PM AEST| By Aditi SahaHighlights According to media reports, Apollo Global has shown an interest in assisting with a Twitter acquisition. Last week, Musk offered to purchase Twitter Inc. for US$43 billion. Last Friday, Twitter Inc implemented a “poi.....

TSLA, CHPT, XPEV: Stocks in focus as demand for EVs soars in NZ
April 11, 2022 03:34 PM AEST| By SonalHighlights New Zealand is witnessing a surge in EV demand after an increase in fuel prices amid Russia’s invasion of Ukraine. The Clean Car rebate scheme started by the Government has surpassed expectations by reaching 12K approved rebate.....

Food inflation reaches all-time high in March: UN
April 09, 2022 07:00 AM AEST| By Team Kalkine MediaAmid the ongoing war between Russia and Ukraine, resulting in market upheavals, world food prices surged to nearly 13% in March, marking a new high. Prices have gone through the roof for staple grains and edible oils, reported the UN food agency on.....

Ukraine's health services under severe strain amid war
April 09, 2022 12:07 AM AEST| By Aditi SarkarHighlights The continued Russia-Ukraine war for over a month now has put a severe strain on the Ukrainian healthcare system From 24 February to 29 March, the UN has recorded 3,090 civilian casualties with 1,189 deaths. World Health Organizatio.....

Here's how Moscow responded to new sanctions imposed by New Zealand
April 08, 2022 04:33 PM AEST| By SonalHighlights On 6 April, NZ imposed a 35% import tax on Russian goods and broaden existing export bans on industrial products connected to Russian industries. Russia responded by banning 130 NZ leaders and officials including PM Jacinda Ardern fr.....

Musk to join Twitter (TWTR) board after becoming its biggest shareholder
April 06, 2022 06:45 AM AEST| By Team Kalkine MediaHighlights: Elon Musk will join Twitter’s board of directors after becoming the biggest shareholder with a 9.2% stake. Twitter shares rallied more than 2% in the afternoon as the news broke. Musk “would bring great value to our boa.....

Amazon (AMZN) to pump in billions to bolster its space launch programs
April 06, 2022 04:32 AM AEST| By Team Kalkine MediaHighlights: com, Inc (AMZN) to spend billions on its rocket launch programs. Amazon now sets the stage to compete with Musk’s SpaceX with this move. Amazon’s Kuiper and SpaceX aimed at providing high-speed internet, which would cha.....

Shane Warne: a light that shone beyond cricket
April 02, 2022 01:30 AM AEDT| By Daniel Paul JohnsIt’s a rare occurrence when the sudden death of a person, who wouldn’t know your name if they tripped over you, affects one in much the same way as the death of a beloved friend or family member. I have a very vivid memory of walking d.....

Russian forces leaving Chernobyl plant amid radiation sickness: Reports
April 01, 2022 04:21 PM AEDT| By Bhawna GuptaHighlights The occupants, who seized the Chernobyl nuclear power plant and other facilities in the exclusion zone, have been infected. They started off in two columns towards the Ukrainian border. The OHCHR recorded 3,167 civilian casualties i.....