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Pfizer-BioNTech’s COVID-19 vaccine shows 100% efficacy in young adolescents
March 31, 2021 08:11 PM PDT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary Pfizer-BioNTech’s COVID-19 vaccine has proved to be 100% effective in young adolescents (12-15 years) in Phase 3 clinical study. The two partners plan to submit these data to the US FDA and t...
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How The Collapse Of Hedge Fund Archegos Capital Led To Global Banks Losing $6bn
March 31, 2021 03:04 AM PDT| By AbhijeetSource: wutzkohphoto, Shutterstock Summary The Archegos Capital’s collapse may lead to massive loss for global banks such as Goldman Sachs, Credit Suisse,Morgan Stanley, Deutsche Bank and The liquidation of the fund led to a distres...
Tourism Infrastructure Fund: Is The Government Ready To Shell Out NZ$13 Million?
March 31, 2021 02:38 AM PDT| By Team Kalkine MediaSource: PhotonCatcher, Shutterstock NZ government plans to re-introduce Tourism Infrastructure Fund to give impetus to the economy, as updated by Hon Stuart Nash, Tourism Minister. Source: © Hugoht|Megapixl.com Relief For Tourism Sector Th...
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US Markets Edge Lower, Weighed Down By Tech, Healthcare Stocks
March 30, 2021 03:46 PM PDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary IMF to raise the global economy forecasts for 2021 and 2022 next week. The Federal Trade Commission has filed a lawsuit to block Illumina’s proposed US$7.1 billion acqu...
Wisk Set to Start Trials of Unmanned Electric Air Taxi Soon in NZ
March 30, 2021 03:04 AM PDT| By ManikaSource: travellight, Shutterstock Summary Wisk under AITP of NZ Government will start trials of unmanned electric air taxis soon Wisk which is an all electric self-flying air taxi company will partner with a subsidiary of World’s largest...
A look at the latest updates on COVID-19 vaccines across the globe
March 30, 2021 01:14 AM PDT| By Team Kalkine MediaSource: New Africa, Shutterstock Summary Pfizer-BioNTech and Moderna’s COVID-19 shot reduced the risk of infection by 80% after the first of two doses. Moderna transported almost 100 million doses of its COVID-19 vaccine to the US govern...
NZ government ties up with Leaft Foods to produce greener foods
March 30, 2021 12:54 AM PDT| By Team Kalkine MediaSource Fotokostic, Shutterstock Summary The NZ Government has partnered with Leaft Foods on a new R&D programme. The programme's mission is to assist the agriculture sector in fulfilling growing market demand for greener foods. The Minist...
S&P 500, NASDAQ Ends in Red While Dow Jones Gains
March 29, 2021 06:43 PM PDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary Energy and financial stocks weighed down S&P 500 and NASDAQ. Credit Suisse and Nomura Holdings will incur a significant loss arising from transactions with a client in th...
Will Suez Canal Blockage Cause Major Supply Chain Disruptions?
March 29, 2021 01:11 AM PDT| By RomaSource: Travel mania, Shutterstock Latest in news is that Ever Given, the giant ship that was stuck at the Suez Canal since the last 6 days, has been set afloat after days of tireless efforts. The shipping management company Bernhard Schulte Ship Ma...
Firstgas Announces its Decarbonisation Plan and Timeline
March 29, 2021 12:41 AM PDT| By Team Kalkine MediaSource: Timofey Zadvornov, Shutterstock Firstgas Group, which is a major gas provider to homes and businesses, announced its timeline to decarbonise its gas pipelines on Monday. In line with New Zealand’s Climate Change Response Programme (Zer...
Experts believe vaccinating children is key to achieving herd immunity
March 29, 2021 12:34 AM PDT| By Team Kalkine MediaSource: siam.pukkato, Shutterstock Summary With the world getting millions of COVID-19 vaccines daily, experts believe that herd immunity can only be achieved if children start getting vaccinated. Vaccine developers are conducting pediatric cl...
Element of surprise hits the Wall Street, Wipes out US$35bn in market value
March 28, 2021 01:00 AM PDT| By Team Kalkine Mediay stocks on Wall Street witnessed high volatility during the trading session. The relentless spree of block trade worth US$10.5 billion was executed during the trading session on 26 March 2021. The sudden selloff struck Wall street on Friday and...
Suez Canal congestion may clear early new week – Boskalis
March 28, 2021 12:54 AM PDT| By Team Kalkine Media© Artistashmita | Megapixl.com Summary Suez Canal is critical to the movement of goods across the eastern and western worlds and has been at the centre of world trade since its inauguration. Boskalis, the salvager firm, has been involved...
World’s Richest Man’s firm backs Pilot, the newest Unicorn
March 28, 2021 12:50 AM PDT| By Team Kalkine MediaSource: TheCorgi, Shutterstock Summary Pilot has emerged as the newest unicorn after crossing the threshold valuation of US$1 bn. The world's richest man, Jeff Bezos' Bezos Expeditions, has invested over $100 million along with other partners...
US Stocks End the Week on Positive Note
March 26, 2021 12:21 AM PDT| By Team Kalkine MediaSource: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...
EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots
March 25, 2021 11:45 PM PDT| By Team Kalkine MediaSource: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...
Why Nike and H&M are facing backlash in China
March 25, 2021 11:36 PM PDT| By Team Kalkine Media> Chinese celebrities are also disassociating themselves from these brands. In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...
Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 25, 2021 10:57 PM PDT| By DaminiSource: canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...
Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific
March 25, 2021 06:02 PM PDT| By Team Kalkine MediaSource: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans....
US Stocks End Higher Amid Jobs Data, Mixed Global Cues
March 25, 2021 03:27 PM PDT| By Team Kalkine MediaSource:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...
