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World news
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Facebook Gaming Hops on to Apple’s App Store
August 11, 2020 01:40 PM AEST| By Team Kalkine MediaSummary Facebook became one of the newest members to cash in on the gaming boom after it launched Facebook Gaming, for iOS devices on 7 August 2020, marking the end of six-month long submissions and rejection saga. Facebook Gaming app, which so.....
Saudi Aramco to make dividend payments despite the carnage in the battered oil sector
August 11, 2020 12:34 AM AEST| By Team Kalkine MediaSummary Aramco committed to diversify its product portfolio and strengthen its business strategy Royal Dutch Shell and BP to reduce carbon footprint and invest in renewable energy sources Oil producers trying to maintain a delicate balance bet.....
SOS: Everything you should know about Lebanon’s port explosion
August 10, 2020 10:02 PM AEST| By Team Kalkine Mediat rejected by the Lebanese President On the evening of Tuesday 4 August 2020, a large fire broke out at the port of Beirut, the capital city of Lebanon, located on the coast of the Mediterranean Sea. While the cause of the fire is being...
M&A World is Buzzing, C for COVID-19, C for Consolidation
August 10, 2020 09:42 PM AEST| By Team Kalkine MediaSummary In the beginning of the year 2020, Mergers and Acquisitions (M&A) deals were shelved owing to coronavirus crisis. Since June, M&A in the US saw a steep rise in megadeals above US$10 Billion. Mergers and Acquisitions deals are m.....
November is around the corner, Who is Wall street betting on?
August 10, 2020 08:51 PM AEST| By Team Kalkine MediaSummary The coronavirus pandemic is raising a question regarding Donald Trump being re-elected as the US president as the North American country, the most advanced economy of the world, failed in handling the virus spread effectively. Trump&rsq.....
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Nordic Country Denmark’s Stock Market Tops the Performance Table
August 10, 2020 08:32 PM AEST| By Team Kalkine MediaSummary Denmark has been able to restrict COVID-19 infections through proactive measures by Government, co-operation by its citizens, and perhaps due to its isolated location as Denmark only shares land border with Germany. The country has one .....
Dip for Chinese Tech Stocks – Do not Forget to Look at the 5 Tech-Related Trends
August 10, 2020 04:49 PM AEST| By Team Kalkine MediaSummary Subsequent to numerous actions taken by economies across the world against Chinese companies, specifically the US with its executive order has led to a fall in the share price of the Chinese companies such as Tencent and Alibaba, falling.....
Equitable Distribution- A possibility or a repeat of 2009 pandemic?
August 09, 2020 02:43 AM AEST| By Team Kalkine MediaSummary WHO is working on a list of priority recipients comprising first-responder healthcare workers, the elderly and immunocompromised individuals. Most of coronavirus vaccines are already reserved, many countries are signing deals with vacci.....
Climate Change, Reduced Engine Cost, High Subsidy – Throttles The EV Industry
August 09, 2020 02:39 AM AEST| By Team Kalkine MediaSummary EV sales across the global front are now gaining traction EV makers drop price to cash-in on the government subsidy and increase sales. In the recent past, China further extended the subsidy on EV purchase with scaled reductions from 10.....
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Trump Cuts US ties with ByteDance and Tencent
August 08, 2020 02:47 PM AEST| By Team Kalkine MediaUS-China tensions flaring over the pandemic and economic damage have emerged again on the investors’ plate. Earlier, US President Donald Trump had targeted Huawei and other technology companies citing concerns over jeopardising national secu.....
Uber Reports Dismal Results; Mobility Losses Offset By Delivery Business Gains
August 08, 2020 01:34 PM AEST| By Team Kalkine MediaUber’s latest quarterly numbers reflect the struggle brought in by COVID-19 after the company was seeking to deliver profitability. In the June quarter, its food delivery business came better off the ride services. It delivered gross booking.....
Top 10 richest people in the UK
August 07, 2020 09:27 PM AEST| By Team Kalkine MediaIn the times of the coronavirus pandemic, we wake up every day to the reports of new losses in businesses, market turmoil, job cuts, etc. But today, we bring something to cheer for by talking about wealth and affluence-stories of creation of riches.....
Farming and Food: NZ setting up a billion-dollar Apple and Pear industry in 2 years
August 07, 2020 05:08 PM AEST| By Team Kalkine MediaSummary Amid COVID-19, harvesting of apples and pears in NZ continued by following strict regimes, with ~14 thousand workers harvesting ~ 600 thousand tonnes of fruit (as on 3 April 2020) for processing, as well as consumption in both domestic a.....
Australian Billionaires Riding the Market Tide Adding More Billions?
August 07, 2020 05:00 PM AEST| By Team Kalkine MediaThe richest people on earth are not immune to the treacherous novel coronavirus. Despite this, expert consensus opines that the globe's richest people continue to grow richer, as COVID 19 topples the world economy and pushes activities online. Loo.....
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Scoop the Stock Soup: FAANG, Tesla
August 07, 2020 03:05 PM AEST| By Team Kalkine MediaSummary Technology players, particularly the US FAANG companies have played a significant role in battling the pandemic, leveraging a swathe of opportunities to outshine in the crisis. Of late, tech market darlings, FAANG stocks have been sweep.....
Cybersecurity and the Requirement of a Resilient Environment in Australia
August 06, 2020 01:59 PM AEST| By Edita IvancevicSummary Since the Cambridge Analytica scandal, people became more aware of the value of cybersecurity. More jobs being created in the cybersecurity industry after more cyber attacks had been happening. There are various possible ways of mainta.....
Robinhood Traders Responsible for Moves in Markets
August 05, 2020 07:57 PM AEST| By Team Kalkine MediaSummary Day trading has taken a leap in the wake of the pandemic, as retail investors have found making money easy and fast. At the heightened market volatility in March, there had been an addition of a large number of new traders. The stock ma.....
Coronavirus Vaccine - ‘Silver bullet’ OR NOT as per WHO
August 05, 2020 06:38 PM AEST| By Team Kalkine MediaSummary World Health Organization (WHO) stated that at the moment, there is ‘no silver bullet’ for COVID-19 and that could hold for the future as well. The international body advised all countries to precisely implement health .....
The TikTok Talk: Microsoft's Efforts around Pocketing a Big deal
August 05, 2020 12:00 AM AEST| By Team Kalkine MediaThere was a buzz in the market related to Microsoft buying Chinese technology company TikTok. On Sunday 2 August 2020, Microsoft confirmed the buzz that it had a discussion with the Chinese technology Company ByteDance concerning the acquisition of.....
Tech boom & FAANG Stocks: Investors look for another wave of high stock price levels
August 04, 2020 05:45 PM AEST| By Team Kalkine MediaSummary Technology, along with healthcare, has been among the best performing sectors led by new opportunities created by the pandemic. FAANG stocks are the primary drivers of the NASDAQ composite, with a substantial contribution of over 10% fr.....
