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News
PayPal throws its hat in the cryptocurrency ring, Bitcoin to become ubiquitous
October 22, 2020 03:32 PM AEDT| By Team Kalkine MediaOn 21st October, PayPal (NASDAQ:PYPL) announced its entrance into the cryptocurrency market, enabling its customers to transact bitcoins and other cryptocurrencies through their PayPal accounts. This represents the company’s vision to enable .....
Netflix Subscription Tepid, Is Binge watching on the wane?
October 22, 2020 03:08 PM AEDT| By Team Kalkine MediaNetflix released dismal earnings report for Q3 2020, falling short on its guidance for earnings per share. Besides, Netflix subscriber growth lowered considerably in the third quarter after its subscription skyrocketed in the first half of the year.....
Coronavirus’ impact on global economy: Are US & China out of the woods?
October 22, 2020 12:12 AM AEDT| By Kunal SawhneyThe Covid-19 pandemic has proliferated with startling pace worldwide. Affecting millions and dragging the global economy to almost a cessation, the pandemic had all the countries imposing strict controls on several movements, to stop the spre.....
Why did WeWork fall?
October 22, 2020 12:10 AM AEDT| By Edita IvancevicEveryone has heard of WeWork at some stage – maybe they applied for jobs, saw their vibrant offices and millennials that work there, or have heard about the WeWork job affair from the end of last year. With almost 800 offices across all cont.....
Why is the Department of Justice filing an antitrust suit against Google?
October 21, 2020 10:09 PM AEDT| By Edita IvancevicAfter years of thorough investigations and one published research held by the House Judiciary Committee, an antitrust suit against Google (NYSE:GOOGL) has come through late at night local time on 19 October. The Department of Justice is currently .....
How is the Banking Sector dealing with Climate Change Related Systemic Risks?
October 21, 2020 08:02 PM AEDT| By Team Kalkine MediaBanks are under regulatory and economic pressure to safeguard themselves from the effects of climate change. In the months ahead, banking authorities around the world are now reinforcing new climate risk management guidelines and are preparing to i.....
General Motors Resurrects Hummer As a 350 Miles EV Avatar, Goes Head-on with Tesla’s Cybertruck
October 21, 2020 05:55 PM AEDT| By Team Kalkine MediaGeneral Motors is all set to hit the EV market once again with its recent launch of Hummer EV – a progeny of gas-guzzling military-style SUV that the Company acquired in 1998. General Motors would now bring-in a new prototype of the beast mod.....
NetApp eyes Cloud services, ONTAP Software updated
October 21, 2020 05:00 PM AEDT| By Team Kalkine MediaSummary: NetApp, Inc has announced a further improvement in its cloud-connected NetApp® ONTAP® data management software. The Company also declared a better flexible NetApp Keystone™ Flex Subscription service along with a new NetApp...
How Will Failed International Tax Talks Impact Global Economy?
October 21, 2020 12:11 AM AEDT| By Kunal SawhneyOECD, on 12 October 2020, stated that the global economy could witness a loss of 1% in total output if international tax talks do not take shape immediately. In June 2020, when the US pulled out of global digital tax talks, there were increased con.....
NZX and SGX join hands to expand New Zealand’s Dairy Derivatives Market
October 21, 2020 12:00 AM AEDT| By Team Kalkine MediaRecently, New Zealand Stock Exchange (NZX) and Singapore Exchange Limited (SGX) joined hands to give a boost to the trading business of New Zealand’s dairy derivatives market. The current agreement between the two bourses includes- listing of.....
Royal Caribbean International Cancels Sailings Onboard Odyssey of the Seas
October 20, 2020 08:29 PM AEDT| By Team Kalkine MediaTravel has been one of the hardest-hit industries in the wake of coronavirus crisis. With lockdown and travel restrictions implemented everywhere, the travel industry has experienced an unprecedented decline in demand all of a sudden. &nb.....
COVID Vaccine Update: Johnson & Johnson and AstraZeneca Vaccines Hit Roadblock, WHO Flags Remdesivir
October 20, 2020 03:14 PM AEDT| By Team Kalkine MediaNot only unprecedented, the COVID-19 crisis also seems like a never-ending malaise. While the medical world seems to have no answer to the problem, prominent pharma companies across the globe are racing against time to find the best possible vaccin.....
What is QAnon?
October 20, 2020 03:00 PM AEDT| By Edita Ivancevic2020 does not cease to surprise. With popular conspiracy theories such as 5G network causing the coronavirus or that Mr Bill Gates wants to chip the whole world, a new extreme far-right wing theory emerged a couple of months ago. Hardcore organiz.....
Online streaming booming amid pandemic, apple tv giving free services, Netflix increases fees
October 19, 2020 10:21 PM AEDT| By Team Kalkine MediaOne upside of the coronavirus pandemic is that online streaming has become a mainstay in Australian homes. The steep rise in the subscription services shows that Australians are spending more time at home than they did before COVID-19 struck us. Au.....
Carbon Dioxide Emissions off the cliff in 2020, Coronavirus the Climate Change hero!
October 19, 2020 10:05 PM AEDT| By Team Kalkine Media‘Stay home, stay safe’ slogan has become part of our lives now. Little did anyone know that staying indoors would do something to the climate that was always desired but was never anticipated. An international team of climate spec.....
NZX Stocks Rejoice with the benchmark Index up ~5% in Oct as Jacinda wins the second term
October 19, 2020 08:04 PM AEDT| By Team Kalkine MediaNZX stocks have been rolling to record highs with the housing market flying into a boom mode as NZ had been preparing to go to polls. In New Zealand election 2020 on 17 October, the centre-left Labour party of Jacinda Ardern roared to a landmark e.....
Elections amid the virus crisis - a glance at US and NZ elections
October 18, 2020 12:20 AM AEDT| By Kunal SawhneyThe year has been unique in every sense, with people living 2011 release Contagion, a Virus crisis based Hollywood movie. The point is, the situations are not something that we ever heard from our grandparents' generation. .....
Coronavirus Vaccine Race; Moderna (NASDAQ:MRNA) kickstarts rolling submission
October 18, 2020 12:10 AM AEDT| By Team Kalkine MediaPeople are on tenterhooks in their wait for a coronavirus vaccine as the world continues to struggle, with COVID-19 spread, and experts claiming that life can return to normal only when a vaccine is in the market. Drug companies, healthcare organi.....
Typhoon Nangka pulls the plug of Hong Kong Stock Exchange
October 17, 2020 05:21 AM AEDT| By Team Kalkine MediaNangka, in Malay language, means jackfruit. Four tropical cyclones have been named after the jackfruit in the northwestern Pacific Ocean. The latest Nangka storm is one of the cyclones featuring in the 2020 Pacific typhoon season. The typhoon seaso.....
Twitter and Facebook Censor Article Critical of Joe Biden, Trump Furious
October 17, 2020 05:12 AM AEDT| By Hina ChowdharyWith only a few weeks left in the presidential election, all eyes are on the United States as it gears up for 3 November 2020. A high-voltage drama is unfolding in the US with the election campaign process all heated up. Rivals Donald Trump.....
