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World news
COVID-19: A week that wreaked havoc in Australia
September 10, 2021 12:36 AM PDT| By Furquan MoharkanHighlights The country saw 32% jump in the weekly cases. Thursday witnessed the highest number of cases reported by the country since the pandemic’s onset. Almost two-thirds of the country have now been vaccinated – at least with o.....
What took Elon Musk a step closer to supervillain status?
September 10, 2021 12:03 AM PDT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA) has been granted a new patent right that can drastically change the previous way of cleaning off debris and water from the windshield. The electric car has introduced a new laser beam technology that not only cleans windshie.....
Joe Biden moves to vaccinate millions, as his ‘patience wears thin’
September 09, 2021 07:54 PM PDT| By Furquan MoharkanCovid-19 vaccine jab administered by a doctor Highlights US President passes executive orders on vaccinating federal workers Biden says his patience is wearing thin with the unvaccinated. Meanwhile, a study hints that COVID-19 may have origin...
US stocks retreat after jobless claims data
September 09, 2021 03:10 PM PDT| By Sanjeeb BaruahBenchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the lowest level in 18 months. The S&P 500 was down 0.46% to 4,493.28. The Dow Jones fell 0.43% to 3...
Facebook, Ray-Ban smart glasses: How they work, features, prices
September 09, 2021 03:06 PM PDT| By Ipsita SarkarHighlights Facebook (Nasdaq: FB) in collaboration with Ray-Ban maker EssilorLuxottica has launched smart glasses which will cost starting from US$299. These smart glasses can take calls, play music, capture photos and short videos. However, th.....
Top three acquisition, merger deals in focus this week
September 09, 2021 02:03 PM PDT| By Sanjeeb BaruahHighlights Caesars Entertainment is selling non-US assets of William Hills to 888 Holdings PLC in a deal worth around £2.2 billion. US e-commerce firm Packable to merge with Highland Transcend Partners I Corp, a SPAC company, which will b.....
Lockdown to end soon? NSW inching closer to 70% vaccination milestone
September 09, 2021 01:35 AM PDT| By Furquan MoharkanHighlights NSW will start reopening the state after three months of COVID-19 lockdown. Australia is set to start vaccine passport services within weeks. Airline stocks continue to be battered. Australia’s most populous provinc.....
Doha negotiators sidelined in new Taliban regime
September 08, 2021 05:12 PM PDT| By Furquan MoharkanHighlights Mullah Hassan Akhund has been appointed as Afghanistan’s Prime Minister. Mullah Baradar – a comrade of Mullah Omar – has been appointed as his deputy. India fears Pakistan hand in Taliban’s government formati.....
US markets close in red as delta variant spells trouble
September 08, 2021 03:04 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...
Employees are resigning in droves: What’s fuelling the Big Quit?
September 08, 2021 12:57 AM PDT| By Furquan MoharkanOne of my favourite mentees, Sonal Gupta (name changed), who has turned out to be a competitive journalist, was recently talking to me about her professional career. She suddenly sprung a surprise, saying she might quit journalism. When I prodded f.....
Asia Pacific: Closed borders, porous markets
September 07, 2021 11:35 PM PDT| By Furquan MoharkanHighlights Other than India and Vietnam, not many equity markets have seen abnormal returns in 2021 Lot of major economies in the region have shut their borders to foreigners. The reopening of borders is still shrouded in ambiguity. The A.....
EI Salvador grabs the spotlight adopting Bitcoin as its official currency
September 07, 2021 05:21 PM PDT| By Team Kalkine MediaHighlights EI Salvador became world’s first country to make Bitcoin its official currency. The country bought 400 bitcoins running ahead of the roll-out, planning to buy a lot more of them. Salvadoran Government launched its wallet app.....
US stocks drift on slow pace of economic recovery
September 07, 2021 03:00 PM PDT| By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...
After space mission, Jeff Bezos eyes age reversal solutions
September 07, 2021 01:17 AM PDT| By Nidhi GuptaAltos Labs, a startup that works on reversing biological aging, plans to open a Cambridge UK-based research lab. The company is funded by Amazon’s founder Jeff Bezos and has raised about £231 million ($270 million) to develop biological.....
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Which are the 5 best AI companies worldwide?
September 06, 2021 11:17 PM PDT| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t.....
Can’t afford Bitcoin? Here are top three cryptocurrencies under US$1
September 06, 2021 07:02 PM PDT| By Furquan MoharkanHighlights While some cryptocurrencies are trading at abnormal prices; some of them are below US$1 The star performer below US$1 has been Dogecoin Some other digital assets below US$1 include USD Coin and Stellar Cryptocurrencies have bee.....
Global semiconductor shortage may stretch to 2023
September 06, 2021 07:00 PM PDT| By Team Kalkine MediaHighlights The COVID-19 pandemic-induced challenges have badly hit the manufacturing and supply of semiconductor chips in the global market. The worsening global chip shortage is causing harm to the production lines of the global automotive ind.....
Jewish people ring in new year with Rosh Hashanah celebrations
September 06, 2021 01:49 AM PDT| By Team Kalkine MediaHighlights Rosh Hashanah, the Jewish New Year, is a time of annual celebrations for the Jewish people across the globe to embrace the coming year. As per the Jewish culture, the 48-hour-long period must be dedicated for intense retrospection an.....
COVID-19 in Australia: No letup in sight despite continuous lockdowns
September 06, 2021 01:27 AM PDT| By Furquan MoharkanSome of the Australia’s major cities have been under lockdown for almost three straight months now to contain the third wave of the COVID-19 pandemic. Yet, the net result seems to be opposite of what the government aimed for. The epicentre of...
What is Bitcoin mining? Why is it not yet ESG compliant?
September 05, 2021 07:58 PM PDT| By Team Kalkine MediaBitcoin and cryptocurrencies are gaining traction. The global economy has gone through a rough patch over the last one year, which has impacted the Bitcoin mining sector along with cryptocurrency, in general. However, an upward trajectory could be .....
