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World news
Australian EV charger developer Tritium to make debut on NASDAQ via SPAC route
May 27, 2021 09:18 AM AEST| By Tripti JoshiBrisbane-based Tritium, a developer and manufacturer of direct current fast chargers for electric vehicles (EVs), has entered into a definitive agreement with a special purpose acquisition company (SPAC) Decarbonization Plus Acquisition Corporation.....
US Markets Close Higher As Energy, Consumer Stocks Lead Broad Rally
May 27, 2021 08:41 AM AEST| By Team Kalkine MediaAll benchmark US indices closed higher on Wednesday, May 26, as investors resumed their bets on economy-linked stocks after inflation worries began to fade. The S&P 500 was up 0.19% to 4,195.99. The Dow Jones Industrial Average increased 0.03% t...
COVID-19 Vaccine Development: A Glance at the Latest Updates around the World
May 27, 2021 08:36 AM AEST| By Tripti JoshiWith several global pharmaceutical companies launching their respective vaccines for the adult population, they are now evaluating them in adolescents, which form a sizeable section of the total population. Experts believe that herd immunity can on.....
Will EV Market Help New Zealand Reach Zero Carbon Level?
May 27, 2021 06:00 AM AEST| By Neha SimpySummary Clean Car Standard Scheme keeps a tab on the supply of automobiles reaching the NZ region. Budget 2021 has made a substantial allocation to NZGIF for decreasing carbon emissions. Wellington City and Hutt to get above 80 charging locati.....
Amazon Announces US$8.45B Deal To Buy MGM
May 27, 2021 02:55 AM AEST| By Kiran MuraliAmazon.Com Inc. (NASDAQ:AMZN) said on May 26 that it agreed to buy entertainment company MGM for US$8.45 billion. California-based MGM, Metro-Goldwyn-Mayer, produces and distributes film and television content. It also owns the EPIX television net.....
Is COVID-19 preying more on vulnerable countries?
May 26, 2021 05:05 PM AEST| By Furquan MoharkanSummary India remains the epicentre of the coronavirus. Virus is spreading more in the countries with weak health infrastructure. Vaccination shortage may get real. A week ago, the World Health Organisation had expressed concern about the.....
Cyberattack Cripples Waikato Healthcare Services
May 26, 2021 04:55 PM AEST| By Jasmine AnandSummary New Zealand’s Waikato health systems hit by cyberattack, which paralysed the region’s healthcare services. Hospitals forced to cancel elective surgeries and had to send patients with non-serious conditions elsewhere. Malwar.....
APAC markets open mostly in green; ASX200 up 14 bps
May 26, 2021 01:17 PM AEST| By Furquan MoharkanSummary APAC markets have opened mostly in green. The Hang Seng Index is the best performer in the region. ASX200 is up 14 bps. The markets across the Asia Pacific Region (APAC) on Wednesday mostly opened in green, as a bunch of Sou.....
Why is Tesla doing away with radar for Autopilot in some models?
May 26, 2021 12:19 PM AEST| By Furquan Moharkanong>The transition is only applicable in Canada and US. Some features would be disabled during the transition period. Electric vehicle manufacturer Tesla Inc (NYSE:TSLA) on Tuesday said that the company ditching radar and replacing it with a ca...
US Stocks End Flat Amid Mixed Cues, Soaring Home Prices
May 26, 2021 07:56 AM AEST| By Team Kalkine MediaUS stock markets closed flat on Tuesday, May 25, a day after a solid headstart for the week, as investors remained cautious amid volatility in the markets and soaring home prices. The S&P 500 was down 0.21% to 4,188.13. The Dow Jones Industrial...
Why Did New Zealand adjourn travel bubble with Victoria?
May 26, 2021 06:00 AM AEST| By Jasmine AnandCOVID-19 continues to spook the entire world with new variants and has wreaked enormous havoc in some regions, especially the sub-continent. The emergence of five new cases in Melbourne in the previous two days has prompted the New Zealand G.....
Moderna To Seek FDA, Global Approval For New Children Covid Drug
May 26, 2021 02:30 AM AEST| By Kiran MuraliModerna, Inc. (NASDAQ: MRNA) said on May 25 that a clinical study of its COVID-19 vaccine mRNA-1273 showed 100 percent effectiveness in the 12 to 17 years age group. Moderna CEO Stéphane Bancel said the company would submit the study data t.....
A Piece of YouTube History Sells as an NFT for Over Three-Quarter of a Million Dollars
May 25, 2021 03:14 PM AEST| By Team Kalkine MediaSummary One of YouTube’s most viewed videos – “Charlie Bit My Finger” – has sold at auction as an NFT for US$761,000. A Non-Fungible Token (NFT) is a digital asset that can hold valuables such as art and cryptocurr.....
Know New Zealand’s First Maori Governor-General
May 25, 2021 02:26 PM AEST| By Jasmine AnandSummary New Zealand PM Jacinda Ardern announced Cindy Kiro as the nation's first Māori Governor-General. Kiro has a humble beginning and a distinguished academic background. She has been bestowed the title of ' Dame' for her untiring services...
Direct Flight Between New Zealand and the US on the Cards. But When?
May 25, 2021 01:13 PM AEST| By RomaSummary Christchurch to Los Angeles flights could commence soon. Round trip would cost substantially more than before. Travel Bubbles across the world gradually being initiated. In a recent update, it has been found that New Zealand and U.....
New Zealand’s Business Finance Guarantee Scheme nears its close
May 25, 2021 12:42 PM AEST| By SonalSummary The Business Finance Guarantee Scheme (BFGS) will conclude on 30 June 2021. The scheme was formed to help SMEs to access credit. The New Zealand Government last month decided to include fintech lenders also under the scheme. The B.....
COVID-19: The two months that took away 135K Indian lives
May 25, 2021 12:37 PM AEST| By Furquan MoharkanSummary India reports the lowest caseload in 73 days. Deaths continue unabated. Of every three global COVID-19 deaths reported last week, one was Indian. India on Monday reported less than 200,000 fresh COVID-19 cases, the lowest case tal.....
Breathonix’s COVID-19 breath test obtains conditional approval in Singapore
May 25, 2021 10:08 AM AEST| By Team Kalkine MediaSummary Singapore health authority has given provisional approval for the COVID-19 breath test developed by Breathonix. The COVID-19 breathalyzer detects the volatile organic compounds (VOCs) biomarkers and can generate findings within sixty se.....
US Markets Close Higher As Tech, Cyclical Stocks Shine
May 25, 2021 08:38 AM AEST| By Team Kalkine MediaAll benchmark US indices closed higher on Monday, May 24, lifted by technology and cyclical stocks as investors kept their inflation worries aside to focus on opportunities from the reopening of the economy. The S&P 500 gained 0.99% to 4197.05....
The business of podcasting: How do podcasters rake in revenue?
May 24, 2021 07:44 PM AEST| By Team Kalkine MediaSummary Podcasting is the fastest growing medium in the world, but it hasn’t yet realised its monetary potential. A meagre one per cent of podcasts accounts for the lion’s share of revenue despite there being over 1.7 million podcas.....
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