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World news
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Warren Buffett sours on banks, trims tech and laps up pharma stocks
November 18, 2020 01:51 PM AEDT| By Kunal SawhneyBerkshire Hathaway’s third-quarter filing is out. This time Warren Buffet has given food for thought to his followers, especially with regards to banks. The latest filing details a slew of changes made by the conglomerate in the third .....
Australian Red Cross makes an urgent appeal to blood donors
November 17, 2020 01:50 PM AEDT| By Kunal SawhneyAustralia is facing a shortage of two of its most common types of blood groups, O+ and A+, and the Australian Red Cross has urgently called for donors. Though all blood groups and plasma types are required, supplies for these two groups are down to.....
Moderna’s COVID-19 vaccine impresses, demonstrates 94.5% efficacy
November 17, 2020 01:41 PM AEDT| By Team Kalkine MediaUS biotech firm Moderna Inc (NASDAQ:MRNA) on 16 November 2020 announced that its experimental vaccine against COVID-19, mRNA-1273 was 94.5% effective, marking a significant breakthrough in the quest to end the ongoing pandemic. The interim data fro.....
What is the Regional Comprehensive Economic Partnership?
November 16, 2020 06:15 PM AEDT| By Edita IvancevicAfter eight years of meetings, negotiations and discussions, Australia finally signed the Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, 15 November. RCEP is a big pact for Australia, as most of its imports and exports are conn.....
SpaceX, NASA Make History with First Crew Dragon Launch to Space
November 16, 2020 04:18 PM AEDT| By Hina ChowdharyAt EST 7:27 PM (Sunday 15 November 2020) the SpaceX Falcon 9 rocket and Crew Dragon spacecraft "Resilience" lifted off four astronauts to the International Space Station, making a historic launch from the Kennedy Space Centre of NASA in Florida. T.....
High alert in South Australia after first coronavirus outbreak in months
November 16, 2020 04:13 PM AEDT| By Kunal SawhneyThe coronavirus continues to be an incessant problem as the extremely contagious nature of the viral infection leaves no room for complacency. Recently, South Australia reported 17 new coronavirus cases, which is the first outbreak since April.....
Jacinda Ardern rejects China’s allegation of coronavirus on NZ frozen meat
November 16, 2020 01:41 PM AEDT| By Kunal SawhneyLatest market reports have stated that eastern Chinese city of Jinan has found coronavirus in beef and tripe products. Also, their packaging from New Zealand, Bolivia, and Brazil, while 2 other provincial capitals have discovered the virus on packa.....
Biden Gets Ready for White House Despite Trump’s Refusal to Concede
November 15, 2020 12:52 AM AEDT| By Team Kalkine MediaThe presidential race to the White House has finally come to an end with Joe Biden elected as the 46th President of the US on Saturday, 7 November 2020. The Democratic presidential candidate won after giving a tough fight to outgoing US President D.....
E-commerce boom: Brazil the next major country to reap the benefits
November 14, 2020 04:17 AM AEDT| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....
Ford Unveils New All-Electric Commercial Transit Van
November 13, 2020 04:33 PM AEDT| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....
Sony launches PlayStation 5 amid COVID-19 gaming boom
November 12, 2020 07:58 PM AEDT| By Kunal SawhneyOn 12 November, Sony Corp (TYP:6758) PlayStation 5 console went on sale following the launch of newest Xbox by the rival Microsoft competing for the holiday season ahead. Market leader Sony depends on big-ticket exclusive games such as Spider-Man: .....
COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off
November 12, 2020 06:13 PM AEDT| By Kunal SawhneyThe US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate, BNT162b2 is 90% effective in preventing.....
How will Biden victory affect health insurance in the US?
November 12, 2020 05:06 PM AEDT| By Edita IvancevicAfter the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with a smile on their face. Fireworks, beeping cards, and singing pop classics could be both seen and .....
Why Royal Caribbean shares saw a 29% spike
November 11, 2020 10:53 PM AEDT| By Hina ChowdharyThe travel and tourism industry has been hit the hardest by the backlash of the coronavirus pandemic as most countries restricted international and non-essential domestic travels after the Covid-19 cases started spreading. A .....
How Australia is planning to cash in on Blockchain technology?
November 11, 2020 05:30 PM AEDT| By Kunal SawhneyThe Australian government, in its December 2018 Tech Future report, highlighted that Artificial Intelligence, Blockchain, Internet of Things (IoT) and Quantum Computing would bring opportunities for people, businesses and the broader economy......
Medicinal cannabis firms’ varied views on the referendum result
November 11, 2020 04:49 PM AEDT| By Team Kalkine MediaNew Zealand has voted no to legalising cannabis in a close race, where 50.7% voted against the Cannabis Legalisation and Control bill, while 48.4% voted in support of it. A referendum on Cannabis Legalisation and Control Bill that lays out a path .....
Is Hydrogen the fuel of the future?
November 11, 2020 03:59 PM AEDT| By Edita IvancevicIn a world where the need for sustainable energy is growing by the day, engineers are facing a crucial task of finding new resources. After NASA started using hydrogen fuel for their spaceships, hydrogen as an element leapt to the limelight. It is.....
Petco plans to go public, files IPO with the US Securities and Exchange Commission
November 11, 2020 02:19 PM AEDT| By Hina ChowdharyPetco Animal Supplies Inc has announced its intentions to go public in the US after having submitted a registration form S-1 to the US Securities and Exchange Commission (SEC) for the review. However, the IPO is still in its initial stages, and the.....
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NZ might get COVID-19 vaccine by early 2021
November 10, 2020 05:49 PM AEDT| By Team Kalkine MediaAmerican drug giant Pfizer Inc. and BioNTech SE have suggested that scientific trials have shown that their vaccine averts 90% of the coronavirus infections. The results were based on an interim review done post 94 participants getting coronavirus......
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Brazil Halts Clinical Trials of Sinovac’s COVID-19 Vaccine, CoronaVac
November 10, 2020 05:26 PM AEDT| By Team Kalkine MediaAnvisa, the Brazilian health regulator, has paused the Chinese pharmaceutical company Sinovac Biotech Ltd’s (NASDAQ:SVA) COVID-19 final-stage clinical trial. The trials were put on a halt due to the detection of a severe adverse event. .....
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