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World news
Which countries comprise G7? What is its significance?
June 14, 2021 08:59 PM PDT| By Furquan MoharkanThe Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the heads of which hold an annual summit to address the issues of mutual concern. As on date, there is a...
Is inflation here to stay? Read what Jamie Dimon of JP Morgan says
June 14, 2021 07:21 PM PDT| By Furquan MoharkanAs nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are roiling the markets. In China, which happens to be the world’s second largest economy, factory...
Ransomware on the rise in NZ, Companies feel desperate and pay.
June 14, 2021 03:45 PM PDT| By RomaSummary Ransomware becoming a growing issue across the world. To pay or not to pay, that is the question! How can the number of attacks be brought down? Ransomware seems to be slowly becoming a huge problem in New Zealand with several Com.....
US markets close flat as technology, real estate stocks advance
June 14, 2021 02:52 PM PDT| By Team Kalkine MediaUS stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of the current inflationary pressures. The S&P 500 was up 0.18% to 4,255.15. The Dow Jones declined...
Trans-Tasman neighbours witnesses The Travel boom
June 13, 2021 11:40 PM PDT| By Jasmine AnandSummary The trans-Tasman cousins observe a rise in travellers; numbers reveal border crossings as high as 85,900 Travel between New Zealand and Cook Islands heightened during the first week of June 2021 However, with the eruption of COVID-19 c.....
Are meme stocks talk of the town?
June 13, 2021 08:17 PM PDT| By SonalMeme stocks are equities that have recently experienced a boom in viral activity, which is typically fueled by online social media sites like Reddit and Twitter. Retail investors in social media discussion groups have come together to look for equi.....
Rocket Lab to return subsidy if audit finds eligibility inconsistency
June 13, 2021 06:09 PM PDT| By RomaSummary Rocket Lab states internal audit to determine subsidy discrepancy. States it shall return subsidy if eligibility glitch Pandemic related delay has affected business. In a recent report, Rocket Lab, the space-based organisation has.....
Why Inflation right now could add fuel to income inequality
June 13, 2021 07:23 AM PDT| By Furquan MoharkanAs countries across the globe – from China to the US – have been reporting record inflation numbers, it could be having greater consequences than we can think about. There are four types of inflation that exist: creeping inflation (when...
Climate Investments Must Triple By 2030 To Save Nature: UN
June 12, 2021 07:26 AM PDT| By Team Kalkine MediaSummary Currently, 86 percent of fund come from the governments, financial institutions, or climate protection groups, and the rest, 14 percent, are infused by the private sector. In 2018, private sector contribution was US$18 billion, mobilize.....
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Is cloud computing the future of all businesses?
June 12, 2021 07:26 AM PDT| By Team Kalkine MediaSummary With the onset of an ongoing pandemic, every business is looking towards cloud technologies for survival and growth. Cloud service is getting deployed fast across several markets and geographies. Major cloud service providers are alrea.....
Burger Chain McDonald’s Becomes Latest Victim Of Cyberattack
June 11, 2021 08:19 PM PDT| By Team Kalkine MediaSummary Cyber criminals hack into McDonald’s employee and customer data in South Korea and Taiwan. Meat company JBS and energy firm Colonial Pipeline also have been the target of cyberattacks. JBS and Colonial Pipeline were forced to pay.....
Virginia Joins Global Fight Against Plastic Pollution
June 11, 2021 05:34 PM PDT| By Team Kalkine MediaSummary As per the law, anyone above the age of 16 who intentionally litter plastic outdoors will be fined US$25. It also prohibits the release of 50 gas balloons or more in the air within an hour. The goal is also to reduce single-use plastics.....
US Markets Close Higher Ahead of Fed Meet Next Week
June 11, 2021 02:46 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week higher on Friday, June 11, ahead of a crucial meeting of the Federal Reserve that may deliberate on the recent spike in inflation and other developments. The S&P 500 was up 0.19% to 4,247.44. The Dow Jones ro...
Crackdown on fake medicines trade: Thousands of counterfeit online pharmacies shut worldwide
June 11, 2021 07:48 AM PDT| By Tripti JoshiSummary A record number of web links, including websites and online pharmacies, have been closed under an Interpol-led Operation. Fake COVID-19 tests, face masks and sanitizers made a significant proportion of the counterfeit products. The cou.....
APAC market mixed; ASX200 up 0.12%
June 10, 2021 08:49 PM PDT| By Furquan MoharkanSummary Asia markets opened on a mixed note on Friday. Chinese shares were in the red. Overnight, the S&P 500 closed at a record high. The equity markets in the Asia-Pacific (APAC) were mixed in Friday trade, after overnight gains on .....
What are signs of a stagflation? Are we headed there?
June 10, 2021 07:57 PM PDT| By Furquan MoharkanIn economics, a higher gross domestic product (GDP) growth means that people in that country have more income. A higher income leads to more spending, which in turn, increase the prices of products and that leads to a spike in inflation. In contrast...
COVID-19: Are Intranasal vaccines better than the traditional vaccine shots?
June 10, 2021 05:47 PM PDT| By Tripti JoshiSummary The intranasal route of vaccine administration has enormous potential because of the organized immune system of the nasal mucosa, high compliance, and low cost. Scientists believe that intranasal vaccines will reduce the virus load in t.....
US Stocks Advance After Mixed Cues From Economy
June 10, 2021 03:28 PM PDT| By Sanjeeb BaruahAll benchmark US indices closed higher on Thursday, June 10, after investors appeared to have ignored new labor data, which showed that consumer prices surged to a record 13-year high in May. The S&P 500 rose 0.47% to 4,239.18. The Dow Jones gai...
Electronic Medical Records (EMR): What are they, and why do we need them?
June 09, 2021 11:39 PM PDT| By Tripti JoshiSummary Electronic Medical Records (EMR) are real-time patient records that provide medical information immediately and securely to authorized users. EMRs are developed to share information with other health care providers (HCPs) and organizati.....
What is BNPL and why is it important?
June 09, 2021 10:04 PM PDT| By Furquan MoharkanThe buy now pay later (BNPL) is an age-old concept, revived in a trendy way by Fintech companies across the world. To put it simply, it means a customer taking home their purchase but paying for it on a later date. In BNPL, a customer buys the produ...
