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Rocket Lab All Set To Test Space Vehicle’s Reusability
May 12, 2021 08:19 PM PDT| By RomaSummary Rocket Lab to send out electron launch testing vehicle. This could mean reusable spacecrafts and vehicles in the future. Up against SpaceX, which already boasts reusable vehicles. Rocket Lab is ready with the first vehicle for ele.....
Bitcoin crashes as Tesla does a U-turn on the largest crypto
May 12, 2021 08:00 PM PDT| By Furquan MoharkanThe Palo Alto-headquartered electric vehicle maker Tesla Inc (NASDAQ: TSLA) will stop using Bitcoin as payment mode for car purchases, CEO Elon Musk has said in a tweet. The price of Bitcoin, has since crashed by 15.8% and is trading below the US$5.....
Petition calls for New Zealand Government to reform Pharmac
May 12, 2021 07:47 PM PDT| By SonalA petition with over 100,000 signatures calling for a substantial increase in budget and independent review of Pharmac was handed over to the New Zealand Parliament on Wednesday. The petition was submitted by Patient Voice Aotearoa (PVA), which deman...
COVID-19 continues to hammer India; global cases decline
May 12, 2021 06:31 PM PDT| By Furquan MoharkanThe spread of the COVID-19 pandemic in India continues to test the limits of the country’s healthcare system, even as the global situation has visibly improved. In last seven days, the fresh cases reported by India – the new epicentre .....
Amazon Dodges US$300 Million EU Tax Order
May 12, 2021 04:23 PM PDT| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
US Consumer Prices Rise By 4.2%, The Fastest Pace Since 2008
May 12, 2021 02:55 PM PDT| By Team Kalkine MediaThe US Consumer Price Index (CPI), a key gauge for changes in commodity and services prices, rose 4.2% in April, compared to the same period a year ago, as demand for various goods surged amid a significant improvement in the economy following the .....
SoftBank Posts US$46bn Annual Profit, Highest By A Japanese Company
May 12, 2021 01:00 PM PDT| By Team Kalkine MediaSummary SoftBank's full-year net profit soared to 4.99 trillion yen or US$46 billion, the highest for any Japanese company to date. SoftBank's profit surpassed Microsoft's record annual net profit of US$44.28 billion for its fiscal year ended J.....
Now Google Pay Users In US Can Send Money To India, Singapore
May 12, 2021 11:24 AM PDT| By Team Kalkine MediaSummary It is Google’s first foray into the US$470 billion global remittance market. The payment can only be made between two individuals, and there is no fee for the service. Google Pay, earlier called Android Pay, currently has around .....
Bharat Biotech to commence Phase 2/3 trial of its COVID-19 vaccine on children
May 12, 2021 03:10 AM PDT| By Tripti JoshiIndia-based Bharat Biotech will evaluate its COVID-19 vaccine in a Phase 2/3 clinical trial on children in the 2-18 age group. According to PTI report, the study will be performed on approximately 525 participants at several sites in India. Recent.....
APAC markets in red; Nissan shares crash 13%
May 11, 2021 10:30 PM PDT| By Furquan MoharkanAll the share markets in the Asia-Pacific (APAC) region were trading in red on Wednesday, as concerns over growing inflation spooked investors. The shares in Taiwan were the worst hit, as Taiwan Weighted Index crashed by 6.02% at the time of filin.....
NZ Super Fund In A Soup As Links With Holdings Related To Myanmar Military Appears
May 11, 2021 10:27 PM PDT| By Team Kalkine MediaSummary NZ Super Fund is the government’s saving vehicle and act as an aid for people over 65 years. Kiwi Super Fund has invested huge amount, nearly NZ$100 million, into many companies that have a connection with Myanmar's military, whic.....
New Zealand to cut merchant service fee charged to businesses
May 11, 2021 09:25 PM PDT| By SonalSummary Merchant fees to be restricted by NZ Government. Customers have increased usage of contactless credit and debit cards amid COVID-19. High cost of fees increases financial burden on businesses. The New Zealand government is plannin.....
How Will Lodestone’s Initiative Boost New Zealand’s Solar Energy Generation
May 11, 2021 07:42 PM PDT| By RomaAs the world faces depletion of natural resources through misuse, renewable energy is the need of the hour. Solar energy, in particular, is something that is slowly making its way into day-to day-lives of people. Image Source: © Airubo.....
Ryah Medtech Joins Hands With Medical Kiwi For Product Distribution Across New Zealand
May 11, 2021 07:09 PM PDT| By Team Kalkine MediaSummary Canada’s Ryah Medtech, Inc., teams up with Medical Kiwi Ltd for the distribution of RYAH Smart Inhaler and cloud-based data analytics platform across New Zealand. It would be a mutually rewarding experience for both the companies,.....
Is Job insecurity related to a lower level of life satisfaction?
May 11, 2021 06:52 PM PDT| By SonalStatistics New Zealand added a set of wellness questions to the Household Labour Force Survey (HLFS) from the June quarter of 2020 to the March quarter of 2021. These questions provided it with the ability to calculate key well-being results for New...
Will Inflation Cut Short The US Real Estate Boom?
May 11, 2021 02:07 PM PDT| By Team Kalkine MediaSummary Although borrowings became cheaper for new homebuyers, fewer houses in the market have driven up the house prices. The current housing sales figures may be the highest in the US in the last 40 years, say experts. The younger generation.....
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US gets first COVID-19 vaccine for adolescents as Pfizer-BioNTech’s shot wins emergency approval
May 11, 2021 01:11 AM PDT| By Tripti JoshiSummary Pfizer - BioNTech’s COVID-19 vaccine has obtained the Emergency Use Authorization (EUA) in the US for adolescents. The two companies also notified they had submitted data to the European Medicines Agency (EMA) and other worldwide .....
Nomura Teams Up With Auckland-based Jarden Group To Expand Its Global Reach
May 10, 2021 09:15 PM PDT| By SonalOn May 10, Nomura Holdings Inc. announced that it would partner with Jarden Group Ltd. in New Zealand and Australia. Jarden is an Auckland-based investment and advisory group on both sides of Tasman. . Nomura Holdings is a Japanese investment bank t...
Is Psychedelic Treatment MDMA A Cure For PTSD?
May 10, 2021 08:10 PM PDT| By RomaSummary Phase 3 clinical trial on MDMA complete, results encouraging. Drug might be made legal in controlled amounts in the future. PTSD patients found relief through MDMA combined with therapy. Different kinds of cures have been tried to.....
What Is Tax Freedom Day in New Zealand? What Is Its Significance?
May 10, 2021 06:50 PM PDT| By SonalSummary May 11 is the Tax Freedom Day for New Zealand. The date is calculated every year by a business accountancy firm. It is a day when taxpayers have paid their annual taxes fully and can keep every dollar for themselves for the remaining y.....
