World news

Space X’s Inspiration4 alights successfully on Earth after 3-day mission

September 18, 2021 11:56 PM PDT| By Neha Simpy

On Saturday, 18 September, a crew of four individuals made a safe come back to the planet Earth post orbiting in space for 3 days. After landing on Earth, the crew members boarded the helicopter to NASA’s Kennedy Space Center. Source: Copy.....

Want to pay off your student loan faster? Here’s how, when to start

September 18, 2021 07:01 AM PDT| By Sanjeeb Baruah

Student loan debt in the US stood at a staggering US$1.54 trillion last year, an all-time high. So, if you are worried about your loan repayment, you are not alone. Millions of students are currently facing such challenges, with the covid pandemic .....

China’s Evergrande debt bomb: Here’re key developments

September 17, 2021 07:38 PM PDT| By Sanjeeb Baruah

Highlights Chinese real estate giant Evergrande Group has a debt of US$300 billion. It is under a severe cash crunch and signaled it out this week, worrying investors. Evergrande’s rating has been downgraded by Fitch, Moody last week, an.....

World Bank to discontinue ‘Doing Business’ report after data row

September 17, 2021 07:32 PM PDT| By Team Kalkine Media

Highlights The World bank on Thursday said it will discontinue its Doing Business report. The report ranks countries based on ease of doing-business and other parameters. IMF chief Kristalina Georgieva is accused of pressuring staff to improve.....

US stocks close in a sea of red as tax hike fears grow

September 17, 2021 02:09 PM PDT| By Sanjeeb Baruah

US stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...

A week when APAC markets were in mostly in red

September 17, 2021 04:44 AM PDT| By Furquan Moharkan

The Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the .....

Here’s how AI can help treat COVID-19 patients

September 17, 2021 01:11 AM PDT| By Tripti Joshi

Highlights Artificial intelligence and machine learning in healthcare can help in disease prevention, diagnosis, as well as in developing customised treatments. The current COVID-19 pandemic has sparked new research to use artificial inte.....

Decoding inflation: What is it and how does it impact economy of a country?

September 16, 2021 08:18 PM PDT| By Furquan Moharkan

Governments across the world bother about mostly two economic indicators – inflation and gross domestic product (GDP). The latter shows the economic might of the country; higher the GDP growth of the country, the better positioned its governmen...

‘Fuming over Australia's submarine deal, France cancels US gala’

September 16, 2021 07:52 PM PDT| By Team Kalkine Media

France has moved to cancel the gala to commemorate the “240th Anniversary of the Battle of the Capes,” after Australia abruptly cancelled submarine contract with the European nation and opted for a one with the US. Representative Ima.....

SpaceX makes history as all-civilian crew zooms into space

September 16, 2021 03:25 PM PDT| By Team Kalkine Media

Highlights The Falcon 9 blasted off from Kennedy Space Center in Florida on Wednesday. Jared Issacman commanded the space orbit mission. The crew capsule is expected to touch down off the Florida coast after three days. SpaceX marked a ne.....

US stocks retreat after mixed economic data

September 16, 2021 02:37 PM PDT| By Sanjeeb Baruah

Benchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...

AUKUS: Australia, UK, US join forces to stave off Chinese threat

September 16, 2021 03:15 AM PDT| By Furquan Moharkan

Highlights US, UK and Australia have joined hands to thwart the Chinese influence in Indo Pacific The partnership has been named as AUKUS. This follows up Quad – a partnership between US, Australia, Japan and India &ndash.....

Healthcare giants on track to develop COVID-19 booster shot over waning post-vaccine immunity

September 16, 2021 01:50 AM PDT| By Tripti Joshi

A COVID-19 booster shot is an additional dose administered after the protection obtained from the original doses starts to drop. The booster or a third dose is meant to help people maintain their immunity level for a longer period. RELATED ARTICLE.....

Australia to get nuclear submarines amidst growing tension in South-China Sea

September 15, 2021 09:31 PM PDT| By Priyanka Payal

Highlights US President Joe Biden has said that the US will share secret nuclear technology to assist Australia in shifting to nuclear-powered boats. A trilateral partnership was unveiled Wednesday between US, UK and Australia. The new partner.....

Confused about crypto jargons? Here are 10 basic terms to know

September 15, 2021 06:11 PM PDT| By Furquan Moharkan

With the cryptocurrency mania gripping the world, the digital asset is attracting more and more investors with time. With the increasing investor base, there has to be an increase in investor awareness. While most people have heard of cryptocurrency,...