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Ardern Announces Two-Way Travel Bubble Between New Zealand, Cook Islands
May 03, 2021 01:00 PM PDT| By Team Kalkine MediaSummary Two-way travel bubble to commence between New Zealand and the Cook Islands from 17 May 2021. The Cook Islands has remained COVID-19-free during the entire coronavirus pandemic. In case of any detection of virus, Kiwis would be repatria.....
Pressure to waive off vaccine IP rights increases as COVID-19 cases continue to rise
May 02, 2021 11:29 PM PDT| By Team Kalkine MediaSummary With the surmounting COVID-19 cases, the developing countries are demanding patent exemptions on items, including vaccines, diagnostic kits, and ventilators, to fight the COVID-19 pandemic. The patent waiver will help emerging nations m.....
Hot EV Stocks: How have they fared in the past year?
May 02, 2021 10:04 PM PDT| By Team Kalkine MediaSummary Electric Vehicle (EV) is the booming sector and offers a huge opportunity for the investors. The shift towards sustainable development is pushing the EV sector. The companies across the globe EV and allied sectors have grown tremendous.....
NZ PM Hints At Disagreements With China At The China Business Summit
May 02, 2021 09:05 PM PDT| By Team Kalkine MediaSummary Jacinda Ardern at the China Business Summit highlighted the strong trading relationships of China with New Zealand despite disagreement on few issues. NZ maintains an independent foreign policy and works on national interest. Both Arde.....
Do you know which premium pet NZ food company has KKR bought?
May 02, 2021 09:03 PM PDT| By SonalSummary Investment firm, KKR has bought a NZ-based pet food firm, Natural Pet Food Group, which will use funds for its growth in NZ and worldwide. KKR’s funding indicates the subsequent phase of development for the Natural Pet Food Group......
Renewable Energy: Which Source Can Be Harnessed the Most?
May 02, 2021 08:17 PM PDT| By RomaIn the world renewable energy scenario, there are several countries pitching in to strike a balance. It was recently announced that Vietnam could be the leading country in the South-east Asian league of renewable energy development. The transition .....
Warren Buffett roots for retained earnings, rues Apple share sale
May 02, 2021 07:58 PM PDT| By Furquan MoharkanAce investor and billionaire Warren Buffett has batted for the importance of retained earnings at a time when more and more investors are pitching for increased capital allocation towards the shareholders. The investment maestro highlighted the ab.....
Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via PayPal
May 02, 2021 06:38 PM PDT| By Team Kalkine MediaSummary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$25,000 a day with PayPal account. The facility is currently available for US customers only. .....
Crucial events that can sway global markets this week
May 02, 2021 06:06 PM PDT| By Furquan MoharkanThe rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are holding the rally. Last week as well, the global equity markets were flat, primarily because of t.....
Is China a major threat to US national security?
May 02, 2021 02:44 AM PDT| By Team Kalkine MediaSummary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. Strained relations between the 2 countries could lead to cold war. Russia, Iran, extremist gro.....
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Global COVID-19 cases cross 152 million, India amongst top contributor
May 01, 2021 10:39 PM PDT| By SonalSince the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing due to mutations. Over 150 million COVID-19 cases have been recorded to date with the death toll cro.....
Global dealmaking is booming; and Wall Street is cashing on it
May 01, 2021 07:23 AM PDT| By Furquan MoharkanThe global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. European and Asian Banks, like Deutsche Bank and Nomura Holdings, have reported a surge in excess of .....
Guess Why Tesla Stock (NASDAQ-TSLA) Is Trending Today?
April 30, 2021 03:11 PM PDT| By Team Kalkine MediaWhile the reasons may vary, one close guess could be the news of its ‘super’ charging station near the Everest base camp. The EV maker has set up a charging station near Tibet, thousands of kilometers away from the capital Beijing, as i.....
Exxon Mobil, Chevron Shares Decline Despite Reporting Quarterly Profits
April 30, 2021 12:05 PM PDT| By Team Kalkine MediaShares of oil and gas majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) fell on April 30 after both the companies reported profit in their first quarter of 2021. Exxon Mobil had been reporting loss in the last four con.....
Big Tech gets bigger in March quarter
April 30, 2021 07:10 AM PDT| By Furquan MoharkanIn the week gone by, five biggest tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Amazon Inc (NASDAQ:AMZN) and Facebook Inc (NASDAQ:FB) – announced their quarterly results for t.....
Didi, ByteDance among top Chinese firms set for US IPO in 2021
April 30, 2021 07:05 AM PDT| By Team Kalkine MediaSummary As many as 60 Chinese companies are lined up to launch IPO in the US. China's biggest unicorns ByteDance and Didi Chuxing may hit the US capital market this year. 32 China-based firms raised US$15 billion through IPOs in the US in 2020.....
Rent Increase Could Further Deepen The NZ Housing Crisis
April 29, 2021 08:46 PM PDT| By RomaWith the housing crisis in New Zealand beginning to become a nagging concern for the government and the people alike, there are new developments in terms of rent. According to a new research, the increase in rents could be a cause for further conce.....
How have the stocks of Big 5 tech firms responded to their quarterly results?
April 29, 2021 07:37 PM PDT| By Furquan MoharkanMarked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet, Microsoft, Amazon, Facebook, and Apple – all announced their March quarter numbers this wee.....
Intel extends its partnership with Samsung to strengthen the cross-device experience
April 29, 2021 06:59 PM PDT| By Team Kalkine MediaDigitization is becoming noticeable in the present times where you look. The COVID-19 pandemic accelerated the digital transformation. It brought challenges for people, but at the same time, it presented opportunities for many businesses to pursue .....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 29, 2021 06:00 PM PDT| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
