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Is NZ on its way to success yet again? Zero new COVID-19 case recorded on 1 February
February 01, 2021 12:37 AM PST| By Team Kalkine MediaNZ Ministry of Health updated on 1 February 2021 that it recorded zero new COVID-19 case. It was further reported that the previously reported single case has also recovered now. Besides this, there was another case which has now been classified as.....
How GameStop short squeeze roiled Wall Street
January 31, 2021 07:57 PM PST| By Kunal SawhneyThe US stock market, beginning January 2021, witnessed a ‘short squeeze’ on select stocks such as GameStop amid a coordinated effort by retail investors on Reddit to keep their prices higher. Since the stock prices skyrocketed in no tim.....
Is NZ on track to slash its greenhouse gas emissions and achieve 2050 targets?
January 31, 2021 07:27 PM PST| By Team Kalkine MediaIn a recent report it has been revealed that New Zealand requires to further manage their greenhouse emissions in order to be able to meet the Paris Agreement. Over the span of the next few years there is need to bring down the levels of emissions .....
Medsafe could give its go-ahead to Pfizer-BioNtech vaccine Tuesday
January 31, 2021 06:25 PM PST| By Team Kalkine MediaOn 26 January 2021, NZ government declared that Medicines regulator Medsafe would take a decision on the approval of Pfizer and BioNTech vaccine after taking advice and recommendations from the Medicines Assessment Advisory Committee (MAAC). MAAC w.....
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US shares end worst week since October; Dow down over 600 points
January 31, 2021 02:23 PM PST| By Team Kalkine MediaThe US benchmark equity indices closed Friday’s trade on a negative note after a rally in select stocks such as GameStop triggered volatility. The shares of GameStop surged nearly 68 per cent on Friday and 400 per cent last week. The stock ro.....
MPI’s Rural Community Hubs Programme focuses on the wellness of new moms
January 30, 2021 05:28 AM PST| By Kunal SawhneyIt was recently reported that The Ministry for Primary Industries had launched a project to manage the health and wellness of mothers staying in the rural Tapawera region of the Tasman. This mother’s group has been created by the Tapawera Con.....
Mission Possible Partnership brings 400 global leaders to accelerate worldwide decarbonisation
January 29, 2021 06:23 AM PST| By Team Kalkine MediaThe Mission Possible Partnership (MPP), another alliance framed to quicken the decarbonisation of worldwide industries addressing 30% of worldwide emissions was launched on 27 January 2021, at the Davos Agenda. The MPP was formed on the back of fo.....
Hottest Stock of The Year So Far, Gamestop Plunge as Platforms Block Trading
January 29, 2021 01:51 AM PST| By Team Kalkine MediaShares of US high street shop that sells games, consoles, and other electronics, GameStop Corp (NYSE: GME) nosedived by 55 per cent as trading platforms such as Robinhood and Interactive Brokers curbed buying of shares in the US games firm. The ban.....
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Is Robinhood Saving the Rich and Robbing the Poor?
January 28, 2021 09:27 PM PST| By Team Kalkine MediaThe year 2020 had been extraordinary for Robinhood, an online trading app that attracts the young and mostly first-time investors to its commission-free platform. It is especially designed to tempt the new video game-loving generation. Image sou.....
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Retail brokers block long trades on GameStop shares
January 28, 2021 09:20 PM PST| By Team Kalkine MediaFollowing days of wild frenzy, US games firm GameStop’s shares crashed 44% on Thursday. However, the stock also touched over $490 during the day. More importantly, GME stock was up 61.15% in the after-hours trading. Source © Kalkine G.....
General Motors to bid adieu to Gasoline and Diesel-powered Vehicles by 2035
January 28, 2021 08:42 PM PST| By Team Kalkine MediaGeneral Motors Co, the one of the largest automakers across the world, has announced that it would end sales of gasoline and diesel light-duty vehicles including its new cars, SUV’s, and light pickup trucks by 2035 and eventually shift towards...
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US stocks recover from slump; Dow gains over 300 points
January 28, 2021 02:00 PM PST| By Kunal SawhneyThe US stocks rebounded on Thursday even as the latest economic data was below expectations. The benchmark equity indices recorded their worst decline in three months in the last session. While S&P 500 gave up its returns in 2021, Dow Jones pos.....
Lab tests confirm BioNTech (NASDAQ: BNTX), Pfizer vaccine effective against new Covid-19 variants
January 28, 2021 02:15 AM PST| By Hina ChowdharyA new laboratory test report that analysed the coronavirus candidate of BioNTech/Pfizer has revealed that the jab is protective against the new variants of the SARS-CoV-2 virus and is easily adaptable.....
New Zealand’s lowest dairy carbon emissions show country using effective techniques
January 27, 2021 10:16 PM PST| By Team Kalkine MediaA recent study has revealed that New Zealand dairy has one of the lowest carbon footprints among 18 other nations. New Zealand beats countries like Denmark, the US, and the Netherlands, in this race. The 25 previous studies were taken into conside.....
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Tech giants report earnings: How did Apple & Tesla fare
January 27, 2021 07:30 PM PST| By Kunal SawhneyTechnology giants Apple and Facebook turned in profitable revenue reports amid high expectations for the holiday quarter. However, Tesla has provided some mixed bag results. Profitable quarter for Apple Apple revealed it had closed the book on 20.....
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US stocks fall after Fed’s commentary; Dow slips 700 points
January 27, 2021 01:59 PM PST| By Team Kalkine MediaThe US benchmark equity indices slipped steeply on Wednesday as the investors reacted to the Federal Reserve’s January monetary policy commentary and weak earnings. The Federal Reserve kept the interest rates unchanged at near-zero. Fed said .....
Brexit rules prompt Amazon to restrict alcohol sale in Northern Ireland: Report
January 27, 2021 07:18 AM PST| By Kunal SawhneyUK-based broadcaster ITV PLC (LON: ITV) reported that US multinational company Amazon has stopped the sale of beers, wines, and spirits in Northern Ireland because of the new Brexi.....
Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze
January 27, 2021 06:17 AM PST| By Kunal SawhneyPresident Joe Biden’s order to halt new oil and gas leasing on federal land will have a rippling effect on the industry but it is part of his larger plan to make the US an absolute green economy by 2030. The president has signed an executive.....
Government urges Kiwis to make frequent use of NZ COVID Tracer application
January 27, 2021 05:49 AM PST| By Kunal SawhneyWith Coronavirus bringing about uncertainty across the world, there have been tracking apps developed to keep track of the infected person. However, it may be possible that these apps are not being used to their maximum potential. It was recently r.....
AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage with EU
January 27, 2021 04:07 AM PST| By Team Kalkine MediaBritish-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, the EU has been threatening the company to stop the export of its coronavirus vaccine to other coun.....
