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Can Ant Group revive its history-making IPO?
January 27, 2021 12:23 AM PST| By Team Kalkine MediaLast year, retail investors got a jolt when Chinese regulatory authorities abruptly suspended the much-awaited Ant Group's IPO, which was expected to be the biggest in history. However, the latest statement by the governor of Chinese central bank .....
Why are Dalian iron futures following a downward trend?
January 26, 2021 11:30 PM PST| By Team Kalkine MediaAs President Xi Jinping declared in September that China intends to go carbon-neutral by 2060, the country's steel industry will play a vital role. The sector may shift towards hydrogen-based technology and upgrade its facilities to support the p...
GameStop shares continue haunting short sellers
January 26, 2021 09:52 PM PST| By Hina ChowdharyGameStop shares rose significantly in the after-hours trading in the US on Tuesday. A market frenzy has broken in the US markets yet again, similar to what we saw with Hertz last year. Millennials and social media groups, especially from Reddit, ha.....
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Tech Titans Shine Despite Pandemic, Post Excellent Quarterly Results
January 26, 2021 09:30 PM PST| By Team Kalkine MediaMega tech players including Google's parent company Alphabet, Facebook and Microsoft have been ruling the technology and digital space for years. The pandemic has further deepened reliance on their products/services, with people all around the worl.....
New Zealand's borders expected to remain shut for the rest of 2021
January 26, 2021 08:14 PM PST| By Mark O'DonnellThe uncertainty surrounding the rollout of the Coronavirus vaccine has prompted the Prime Minister Jacinda Ardern to warn that the New Zealand border will likely remain as is for the rest of 2021. Currently, the border is closed to all non-NZ citi.....
SpaceX Launches Rideshare Mission with Record Number of Satellites
January 26, 2021 07:45 PM PST| By Kunal SawhneyCalifornia-based SpaceX has set a world record for the largest number of satellites launched into space in a single mission. Calling it a “SmallSat Rideshare” mission, SpaceX launched its Falcon 9 rocket on Sunday, after the initial mis.....
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Biden beefs up travel restrictions in wake of new virus strains
January 26, 2021 05:56 PM PST| By Team Kalkine MediaUnited States President Joe Biden is planning to impose a travel ban on most of the non-US citizens entering the country from select places where new virus strains have cropped up. The travel ban is expected to mitigate the spread of the new varian.....
Death of Loon Project, Google’s Bold Internet-For-All Bet
January 25, 2021 09:00 PM PST| By Kunal Sawhneyns for futuristic applications. Alphabet’s Loon balloons have shown how human ingenuity can help solve our complex problems. The project has failed not for the lack of expertise but because of the cost factor. Since its jo...
Merck (NYSE: MRK) terminates Covid-19 vaccine development programme
January 25, 2021 08:26 PM PST| By Kunal SawhneyNew Jersey-headquartered pharmaceutical giant Merck and Co. Inc (NYSE: MRK) said on Monday, 25 January, that it has terminated its Covid-19 (SARS-CoV-2) vaccine development programme. The decision to discontinue the vaccine programme is based on&nb.....
New Zealand’s Waikato Milking Systems spreads its wings into China
January 25, 2021 06:53 PM PST| By Team Kalkine MediaYet another company from New Zealand has taken its business overseas to China. Waikato Milking systems is in the process of installing 80 bail Orbit rotary parlours that are made of concrete in New Hope Animal Husbandry located at Chengdu, China. .....
China dethrones US as the highest FDI recipient in 2020
January 24, 2021 11:28 PM PST| By Team Kalkine MediaAccording to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year, surpassing the FDI inflow received by the US worth US$134 billion. The UN published its Investment.....
How would Joe Biden becoming the U.S President prove beneficial for New Zealand?
January 24, 2021 11:14 PM PST| By Team Kalkine MediaWith Joe Biden swearing in as the new President of the Unites States of America on his inauguration day held in the capitol on January 20, 2021, the world seems to be looking towards the dawn of a new era. After a rather eventful 4-year term spent .....
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What is NZ COVID-19 vaccination schedule? Who will be given priority?
January 24, 2021 10:39 PM PST| By Team Kalkine MediaThe vaccination program of New Zealand is set to begin in 2021. In the programme, the priority will be given to border workers, frontline staff, and older adults. However, work is in progress for some communities that might be trickier to reach to....
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Sydney Airport Tightened Screening Process as New Case Found in NZ
January 24, 2021 09:54 PM PST| By Kunal SawhneySydney is again on the tight spot as the Sydney Airport has increased its passenger screening protocols. Recently the state of New South Wales celebrated its eight-day without acquiring any new COVID-19 case. However, the testing is conducted in lo.....
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Fire at serum institute, will this impact vaccine rollout?
January 24, 2021 07:18 PM PST| By Hina ChowdharyOn 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire. The S.....
Iconic Talk Show Host Larry King Dies At 87
January 23, 2021 07:28 AM PST| By Team Kalkine MediaLarry King, the iconic American talk show host and journalist, who charmed millions with his TV and radio programs, breathed his last on January 23, 2021. He was 87. Mr King passed away at Cedar-Sinai Medical Center in Los Angeles, US, said a statem...
How has COVID-19 impacted unemployment levels in New Zealand?
January 23, 2021 05:57 AM PST| By Kunal SawhneyWith the unfurling of the pandemic, the entire world witnessed ups and downs never seen before. Right from being cooped up at homes due to the fear of infection, to the novel routines of social distancing and wearing masks, the disease brought with.....
Investors Gung-Ho on Electric Vehicle Start-up Rivian
January 23, 2021 05:22 AM PST| By Hina ChowdharyThe electric vehicle space has been revving up lately, on account of growing support from consumer, industry, and government for the transition to clean fuel vehicles. With technological advancements and rollout of new models, the future looks brig.....
Prisa (BME: PRS) shares skyrocket 21% as Vivendi (EPA: VIV) agrees to acquire 7.6% stake
January 22, 2021 07:42 AM PST| By Hina ChowdharyShares of Madrid-headquartered media conglomerate Prisa, Promotora de Informaciones, SA, (BME: PRS), skyrocketed more than 21 per cent, on Friday, after the Paris-based media giant Vivendi (EPA: VIV) agreed to acquire 7.6 per...
EU car sales report worst-ever decline 2020, thanks to the COVID-19 Pandemic
January 22, 2021 06:57 AM PST| By Hina ChowdharyDespite moving into the new year, the pandemic-related challenges continue to affect the world economy with no quick-fix in sight at the moment. 2020 was a defining year in many ways due to the significant challenges faced by societies and busines.....
