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Are Upcoming EV fleets An Answer To Rising Carbon Emissions?
March 25, 2021 01:23 AM PDT| By Team Kalkine MediaSource: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...
Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning
March 24, 2021 10:50 PM PDT| By Team Kalkine MediaSource:rafapress, Shutterstock Summary Health Canada confirmed AstraZeneca’s COVID-19 vaccine safety and stated that it had not obtained any reports citing thrombosis so far. The health department to add a warning indication to the vacci...
Did Sustainable Growth Get A Boost As An Aftermath Of COVID-19?
March 24, 2021 08:26 PM PDT| By Romathe past year. The shift in the way customers think could be a game-changer The restrictions related to COVID-19 as unwelcome as they were, had some boons attached to them. Global warming and pollution reduced manifold and this led to a series....
NZ’s Westland All Set To Capture The Global Butter Market By Pumping In $40m
March 24, 2021 07:49 PM PDT| By Team Kalkine MediaSource: TRMK, Shutterstock Kiwi Company, Westland Milk Products has set its eyes on the global butter market by investing $40 million to increase its production capacity. Source: © Squareplum | Megapixl.com Based in Hokitika, Westland...
US Stocks End Lower Despite Fightback
March 24, 2021 02:35 PM PDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary S&P 500 ticked down 0.55%, Dow Jones fell 0.01%, and NASDAQ plunged 2.01%. Chinese ride-hailing firm Didi Chuxing aims for a US$100-billion valuation in IPO debut. Intel Corp. to spend US$20...
Hyundai And Singtel Sign an MoU On Smart Mobility
March 23, 2021 07:56 PM PDT| By Team Kalkine MediaSource: Mameraman,Shutterstock Summary Hyundai and Singtel Group have signed an MoU to collaborate on 5G-enabled smart manufacturing & connectivity for electric vehicle battery subscription service. The collaboration would merge Hyund...
US Stocks Slip After Fed Chairman’s Comments
March 23, 2021 02:41 PM PDT| By Team Kalkine MediaSource:ramcreations, Shutterstock Summary S&P 500 ticked down 0.76%, Dow Jones shed 0.94%, NASDAQ plunged 1.12%. Amazon to sell stake worth US$148 million in food delivery start-up Deliveroo. SoftBank-backed US real estate firm Compass ai...
Apple Inc. hit with a US$308.5 Mn fine for DRM patent infringement
March 22, 2021 07:03 PM PDT| By Team Kalkine MediaSource: nui7711, Shutterstock Summary Global tech giant Apple Inc. to pay Personalized Media Communications for the infringement of a patent related to DRM (digital rights management). The jurors asked Apple to pay a running royalty depen...
KiwiSaver Simplicity to make investment in social housing
March 22, 2021 06:46 PM PDT| By SonalSource: Olsa_iv Shutterstock Summary Simplicity has committed NZ$20 million to Aotearoa Pledge, created by Community Finance. Aotearoa Pledge seeks to raise NZ$100 million to build affordable and social housing solutions. Investments hav...
US Markets Edge Higher After Tech, Cyclical Stocks Rally
March 22, 2021 02:43 PM PDT| By Team Kalkine MediaSource:violetkaipa, Shutterstock Summary S&P 500 gained 0.70%, Dow Jones rose 0.32% and NASDAQ surged 1.23%. Canadian Pacific seals deal to acquire US cargo rail company Kansas City for US$25 billion. The 10-year Treasury bond yields drop...
Auto industry back on track? Detroit 3 posts robust Q4 results
March 22, 2021 01:07 AM PDT| By Team Kalkine MediaSource:Jenson, Shutterstock Summary The Detroit 3 automakers - Ford Motor, General Motors, and Fiat Chrysler Automobiles - posted robust earnings in their fourth quarter ended 31 December 2020. Ford’s adjusted EPS during the three months...
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Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan?
March 22, 2021 01:01 AM PDT| By ManikaSource: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week that America is officially trapped below zero After making all the efforts to keep the businesses a...
4 Drone Stocks From Across The World To Watch In 2021
March 21, 2021 07:55 PM PDT| By Mark O'Donnellwing article details four drone companies working across the breadth of the industry. Drone technology has advanced to the point that serious consideration is being given to its commercial and industrial application. The drone industry is expect...
New Zealand government’s aid to be extended for COVID-19-hit aviation sector
March 21, 2021 07:27 PM PDT| By SonalSource:Svitlana Hulko, Shutterstock Summary Government has put down an additional NZ$170 million for the aviation sector. The extended support is to maintain international passenger service and keep NZ connected with trade partners. The aviat...
Is Nokia Due For A Comeback In 2021?
March 21, 2021 07:23 PM PDT| By Mark O'DonnellSource: Arnold O. A. Pinto, Shutterstock Summary Nokia was once a leading technology company that has largely fallen from favour. However, the Finnish technology Company generated €6.568 billion in Q4 2020. Nokia is vying to be a ma...
FedEx Q3 Income Soars 153% As E-Commerce Deliveries Surge
March 21, 2021 01:15 AM PDT| By Team Kalkine MediaSource: Carlos Yudica, Shutterstock Summary FedEx stocks jumped nearly 133 percent over the past year as the company’s profits grew. Its revenues for Q3 ended February 28, 2021, grew 23 percent to US$21.5 billion. Its average daily pack...
Coinbase Pays US$6.5 Mn Penalty Over False Data Amid IPO Talks
March 21, 2021 01:10 AM PDT| By Team Kalkine Medialeading data potentially inflated the volume of its digital assets, it noted. Coinbase Global Inc., the world’s largest crypto exchange, has paid a US$6.5 million penalty on charges of falsifying transaction data that may have possibly inf...
Elon Musk Says Tesla May Be Shut Down If Its Cars Spied In China
March 21, 2021 01:05 AM PDT| By Team Kalkine MediaSource: canadianPhotographer56, Shutterstock Summary Military restricted the use of Tesla cars on military compounds over security concerns. Ban was triggered by fears that Tesla cars might be used to collect military data. China accounted fo...
US Stocks Notch Modest Weekly Loss As Bond Yield Retreats
March 19, 2021 07:12 PM PDT| By Team Kalkine MediaSource: jo.pix, Shutterstock Summary S&P 500 dropped 0.06%, Dow Jones fell 0.71%, and NASDAQ gained 0.76%. Google to spend US$7 billion on offices and data centers, hire 10,000 staff. JPMorgan to purchase US$410 million stake in China Mer...
New Zealand Band Six60 Set to Open Dubai Expo 2020
March 18, 2021 09:33 PM PDT| By Romaomoting trade and economic recovery are the prime concerns through this endeavour. New Zealand’s top-notch band Six60 will perform at the prestigious Dubai Expo-2020 trade show, a 6-month-long fair. This announcement came from the New Zeal...
