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World news
MPI’s Rural Community Hubs Programme focuses on the wellness of new moms
January 31, 2021 12:28 AM AEDT| 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 30, 2021 01:23 AM AEDT| 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.....
German software company SAP SE (NYSE: SAP) announces results
January 29, 2021 11:17 PM AEDT| By Team Kalkine MediaGermany-headquartered multinational software company SAP SE (NYSE: SAP) released its results for the fourth quarter of FY 2020 along with the full year results on Friday, 29 January. The report highlighted that the.....
Hottest Stock of The Year So Far, Gamestop Plunge as Platforms Block Trading
January 29, 2021 08:51 PM AEDT| 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 29, 2021 04:27 PM AEDT| 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 29, 2021 04:20 PM AEDT| 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 29, 2021 03:42 PM AEDT| 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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FMA condemns NZX for inadequate technological systems
January 29, 2021 11:59 AM AEDT| By Team Kalkine MediaThe financial markets regulator (FMA) of New Zealand said that New Zealand Stock Exchange (NZX) was inefficient to handle its technological systems. This came to light due to multiple outages and cyber attacks reported at the exchange. FMA’s.....
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US stocks recover from slump; Dow gains over 300 points
January 29, 2021 09:00 AM AEDT| 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 09:15 PM AEDT| 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 28, 2021 05:16 PM AEDT| 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 28, 2021 02:30 PM AEDT| 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 28, 2021 08:59 AM AEDT| 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 .....
Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze
January 28, 2021 01:17 AM AEDT| 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 28, 2021 12:49 AM AEDT| 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 11:07 PM AEDT| 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.....
Can Ant Group revive its history-making IPO?
January 27, 2021 07:23 PM AEDT| 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 27, 2021 06:30 PM AEDT| 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 27, 2021 04:52 PM AEDT| 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 27, 2021 04:30 PM AEDT| 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.....
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