World news
Elon Musk nears deal to buy Twitter, ending days of wild conjectures
April 25, 2022 12:08 PM PDT| By Team Kalkine MediaHighlights: Twitter nears settling purchase deal with Elon Musk. Deal to end days of speculations since his unsolicited offer to own the company. Musk to take over Twitter after his US$43 billion bid. It could be a watershed moment for so.....
The hybrid work model: Employees love this new pandemic-warped new normal
April 23, 2022 01:34 PM PDT| By Team Kalkine MediaHighlights: The hybrid workplace model is here to stay. A growing number of employees who have tasted its endearing benefits want it retained. The hybrid model brought about a paradigm shift in workplaces. Before the pandemic.....
Key takeaways from PM Ardern’s visit to Singapore and Japan
April 19, 2022 10:56 PM PDT| By SonalHighlights After February 2020, New Zealand Prime Minister Jacinda Ardern made her first tour abroad to Singapore and Japan. Ardern is on a trade mission to rebuild the NZ economy by reconnecting with these 2 countries. Ardern is scheduled to...
Apollo Global aims to assist in financing of Twitter’s bid
April 18, 2022 11:37 PM PDT| By Aditi SahaHighlights According to media reports, Apollo Global has shown an interest in assisting with a Twitter acquisition. Last week, Musk offered to purchase Twitter Inc. for US$43 billion. Last Friday, Twitter Inc implemented a “poi.....
TSLA, CHPT, XPEV: Stocks in focus as demand for EVs soars in NZ
April 10, 2022 10:34 PM PDT| By SonalHighlights New Zealand is witnessing a surge in EV demand after an increase in fuel prices amid Russia’s invasion of Ukraine. The Clean Car rebate scheme started by the Government has surpassed expectations by reaching 12K approved rebate.....
Food inflation reaches all-time high in March: UN
April 08, 2022 02:00 PM PDT| By Team Kalkine MediaAmid the ongoing war between Russia and Ukraine, resulting in market upheavals, world food prices surged to nearly 13% in March, marking a new high. Prices have gone through the roof for staple grains and edible oils, reported the UN food agency on.....
Ukraine's health services under severe strain amid war
April 08, 2022 07:07 AM PDT| By Aditi SarkarHighlights The continued Russia-Ukraine war for over a month now has put a severe strain on the Ukrainian healthcare system From 24 February to 29 March, the UN has recorded 3,090 civilian casualties with 1,189 deaths. World Health Organizatio.....
Here's how Moscow responded to new sanctions imposed by New Zealand
April 07, 2022 11:33 PM PDT| By SonalHighlights On 6 April, NZ imposed a 35% import tax on Russian goods and broaden existing export bans on industrial products connected to Russian industries. Russia responded by banning 130 NZ leaders and officials including PM Jacinda Ardern fr.....
Musk to join Twitter (TWTR) board after becoming its biggest shareholder
April 05, 2022 01:45 PM PDT| By Team Kalkine MediaHighlights: Elon Musk will join Twitter’s board of directors after becoming the biggest shareholder with a 9.2% stake. Twitter shares rallied more than 2% in the afternoon as the news broke. Musk “would bring great value to our boa.....
Amazon (AMZN) to pump in billions to bolster its space launch programs
April 05, 2022 11:32 AM PDT| By Team Kalkine MediaHighlights: com, Inc (AMZN) to spend billions on its rocket launch programs. Amazon now sets the stage to compete with Musk’s SpaceX with this move. Amazon’s Kuiper and SpaceX aimed at providing high-speed internet, which would cha.....
Shane Warne: a light that shone beyond cricket
April 01, 2022 07:30 AM PDT| By Daniel Paul JohnsIt’s a rare occurrence when the sudden death of a person, who wouldn’t know your name if they tripped over you, affects one in much the same way as the death of a beloved friend or family member. I have a very vivid memory of walking d.....
Russian forces leaving Chernobyl plant amid radiation sickness: Reports
March 31, 2022 10:21 PM PDT| By Bhawna GuptaHighlights The occupants, who seized the Chernobyl nuclear power plant and other facilities in the exclusion zone, have been infected. They started off in two columns towards the Ukrainian border. The OHCHR recorded 3,167 civilian casualties i.....
Are radiation risks exaggerated? How safe are nuclear power plants?
March 26, 2022 02:12 AM PDT| By Nitish KumarHighlights Nuclear power plants account for nearly 10% of the global electricity supply. The Chernobyl and Fukushima nuclear disasters have shown consequences of radiation leaks and the extent of damage they can cause. Amid rising climate cata.....
Calls to regulate BNPL sector? A look at the buy now pay later market
March 24, 2022 01:34 AM PDT| By SonalThe BNPL industry has been growing rapidly and is set to surge due to its ability to offer flexible payment options for purchases made by consumers. The sector gained momentum during the COVID-19 pandemic, strengthened by the flexibility and ease .....
Aussie travel sector gets funding boost; Hong Kong lifts flight ban
March 21, 2022 03:13 AM PDT| By Akanksha VashishtHighlights Australia’s travel sector certainly needs a rebound after being isolated from the world for over two years. Good news awaits travel-hungry Aussies as Hong Kong lifts its ban on Australian tourists. The Australian governm.....
How latest COVID-19 lockdown in China can cause trade disruption
March 16, 2022 02:23 AM PDT| By Akanksha VashishtHighlights China is observing a surge in Omicron cases, which can hamper international businesses dependent on the country. The country is imposing strict restrictions followed by mass testing and quarantine facilities. The number of companies.....
How biotechnology can help amid high food inflation
March 16, 2022 02:15 AM PDT| By Aditi SarkarHighlights Global food prices have rocketed to hover near the levels reached during the global food crises of 2007-08 and 2010-11 Genetic modification of crops could be a potential solution for increasing crop yield Plant tissue culture .....
COVID-19: What’s the buzz around fourth booster jab?
March 15, 2022 03:23 AM PDT| By Akanksha VashishtHighlights Pfizer CEO Albert Bourla stated that a fourth COVID-19 booster dose would be necessary to curtail the spread of infections. In the US, individuals will need a third primary shot that will have to be administered at least 28 day.....
US stocks close in red on inflation woes; DOCU, DIDI nosedive
March 11, 2022 03:01 PM PST| By Versha JainBenchmark US indices closed the week lower on Friday, March 11, dragged down by technology and consumer discretionary stocks amid Ukraine-linked volatility and inflation concerns. The S&P 500 fell 1.30% to 4,204.31. The Dow Jones decline...
Ukraine-Russia war: Is the world at the cusp of nuclear catastrophe?
March 11, 2022 05:09 AM PST| By Nitish KumarThe Russia-Ukraine war has started the debate over the likelihood of Russia using its nuclear arsenal. Russia, boasting one of the world’s largest stockpiles of nuclear weapons, is capable of launching them from air, water and land. On the ot.....