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News
Facebook responds to WSJ’s accusations
September 19, 2021 05:02 PM AEST| By Neha SimpyHighlights Recently, Facebook has reacted to the allegations made by the Wall Street Journal. WSJ’s one of the allegations were on FB owned Instagram affecting mental health. FB’s vice-president of global affairs acknowledged the c...
Why is France upset over Aukus submarine deal?
September 19, 2021 04:58 PM AEST| By Neha SimpyHighlights Lately, Australia has inked Aukus deal with the US and the UK, providing Australia the technology to develop submarines with nuclear powers. Reacting to the deal France recalled two of the French ambassadors to the US and Australia t...
Space X’s Inspiration4 alights successfully on Earth after 3-day mission
September 19, 2021 04:56 PM AEST| By Neha SimpyOn Saturday, 18 September, a crew of four individuals made a safe come back to the planet Earth post orbiting in space for 3 days. After landing on Earth, the crew members boarded the helicopter to NASA’s Kennedy Space Center. Source: Copy...
Want to pay off your student loan faster? Here’s how, when to start
September 19, 2021 12:01 AM AEST| By Sanjeeb BaruahStudent loan debt in the US stood at a staggering US$1.54 trillion last year, an all-time high. So, if you are worried about your loan repayment, you are not alone. Millions of students are currently facing such challenges, with the covid pandemic ...
China’s Evergrande debt bomb: Here’re key developments
September 18, 2021 12:38 PM AEST| By Sanjeeb BaruahHighlights Chinese real estate giant Evergrande Group has a debt of US$300 billion. It is under a severe cash crunch and signaled it out this week, worrying investors. Evergrande’s rating has been downgraded by Fitch, Moody last week, an...
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World Bank to discontinue ‘Doing Business’ report after data row
September 18, 2021 12:32 PM AEST| By Team Kalkine MediaHighlights The World bank on Thursday said it will discontinue its Doing Business report. The report ranks countries based on ease of doing-business and other parameters. IMF chief Kristalina Georgieva is accused of pressuring staff to improve...
US stocks close in a sea of red as tax hike fears grow
September 18, 2021 07:09 AM AEST| By Sanjeeb BaruahUS stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...
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Is gold as attractive as Bitcoin?
September 18, 2021 01:01 AM AEST| By Arpit VermaSource: Copyright © 2021 Kalkine Media The euphoria of cryptocurrencies has dimmed the appeal of gold which is traditionally considered as an important asset class for investment. The gold price has grown significantly in the past 20 years an...
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How Covid rent debt crisis will get worse with Universal Credit cut
September 17, 2021 11:15 PM AEST| By Rishika RainaHighlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next...
A week when APAC markets were in mostly in red
September 17, 2021 09:44 PM AEST| By Furquan MoharkanThe Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the ...
Elrond Crypto Experiences Rapid Growth – But Why?
September 17, 2021 06:14 PM AEST| By Daniel Paul JohnsThe price movements of various cryptocurrencies can be mysterious even to the most avid crypto market enthusiasts. Sudden price surges and rapid falls are often unexpectedly, and it’s only after the movement do people rationalise the reasons....
Here’s how AI can help treat COVID-19 patients
September 17, 2021 06:11 PM AEST| By Tripti JoshiHighlights Artificial intelligence and machine learning in healthcare can help in disease prevention, diagnosis, as well as in developing customised treatments. The current COVID-19 pandemic has sparked new research to use artificial inte...
Decoding inflation: What is it and how does it impact economy of a country?
September 17, 2021 01:18 PM AEST| By Furquan MoharkanGovernments across the world bother about mostly two economic indicators – inflation and gross domestic product (GDP). The latter shows the economic might of the country; higher the GDP growth of the country, the better positioned its governmen...
‘Fuming over Australia's submarine deal, France cancels US gala’
September 17, 2021 12:52 PM AEST| By Team Kalkine MediaFrance has moved to cancel the gala to commemorate the “240th Anniversary of the Battle of the Capes,” after Australia abruptly cancelled submarine contract with the European nation and opted for a one with the US. Representative Ima...
US retail sales rise in August, lifted by back-to-school shopping rush
September 17, 2021 12:05 PM AEST| By Team Kalkine MediaUS retail sales unexpectedly rose in August amid lingering Delta virus concerns, buoyed by back-to-school shopping splurge and government payments to millions of households with children. Retail purchases climbed 0.7% to US$618.7 billion last mont...
SpaceX makes history as all-civilian crew zooms into space
September 17, 2021 08:25 AM AEST| By Team Kalkine MediaHighlights The Falcon 9 blasted off from Kennedy Space Center in Florida on Wednesday. Jared Issacman commanded the space orbit mission. The crew capsule is expected to touch down off the Florida coast after three days. SpaceX marked a ne...
US stocks retreat after mixed economic data
September 17, 2021 07:37 AM AEST| By Sanjeeb BaruahBenchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...
AUKUS: Australia, UK, US join forces to stave off Chinese threat
September 16, 2021 08:15 PM AEST| By Furquan MoharkanHighlights US, UK and Australia have joined hands to thwart the Chinese influence in Indo Pacific The partnership has been named as AUKUS. This follows up Quad – a partnership between US, Australia, Japan and India &ndash...
Healthcare giants on track to develop COVID-19 booster shot over waning post-vaccine immunity
September 16, 2021 06:50 PM AEST| By Tripti JoshiA COVID-19 booster shot is an additional dose administered after the protection obtained from the original doses starts to drop. The booster or a third dose is meant to help people maintain their immunity level for a longer period. RELATED ARTICLE...
Looking for an NFT-based business? Here are 10 ideas
September 16, 2021 05:37 PM AEST| By AayushNon-fungible tokens, commonly known as NFTs, have gained phenomenal popularity over the last few months. All this craze has led people to invest tons of money into this revolutionary technology. These tokens are “non-fungible”, which me...
