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World news
PayPal Goes Active on Crypto Space, Slew of News
October 27, 2020 08:04 PM AEDT| By Team Kalkine MediaPayPal Introduces New Service Enabling Users to Transact Cryptocurrency: On 21 October 2020, PayPal announced the release of a new service that would allow the users to buy, hold & sell cryptocurrency straight from the PayPal account. The Comp.....
Woolworths ropes in KIWI executive Pejman Okhovat to overhaul Big W in Australia
October 27, 2020 05:09 PM AEDT| By Team Kalkine MediaHigh Street retail chain the Woolworths Group Limited (ASX:WOW) has hired Pejman Okhovat as Managing Director to take the transformation journey ahead for BIG W with its leadership team. Pejman will report to Claire Peters, who has joined as Managi.....
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Jack Ma’s Giant Ant Set to Make World’s Biggest Stock Market Debut
October 27, 2020 04:29 PM AEDT| By Team Kalkine MediaJack Ma’s Ant Group is set to raise US$34 billion when its shares start trading on the Hong Kong and Shanghai stock market in the upcoming weeks. With this, Ant Group’s IPO would become the world’s largest stock market debut on re.....
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COVID-19 Cases Resurge in US and UK, Vaccine Trials Back on Track
October 27, 2020 01:58 PM AEDT| By Team Kalkine MediaThe COVID-19 crisis threw the whole world into a dilemma of lives and livelihoods. The global virus crisis has engulfed almost the entire year, and till now, there is no effective treatment available to tackle the situation. The measures one can f.....
Meet HelloFresh, your home cooking companion!
October 26, 2020 11:13 PM AEDT| By Team Kalkine MediaHelloFresh SE (XETRA: HFGG), a German meal-kit delivery firm, is seeing higher demand as the pandemic-hit consumers are desperate to add some jazz to their home-cooked meals amid strict lockdown. Ready-to-cook food delivery service HelloFresh prom.....
Facebook and Twitter bosses issued subpoena, content moderation practices under lens
October 26, 2020 04:43 PM AEDT| By Team Kalkine MediaIn Washington's latest attack on Big Tech, the United States Senate Commerce Committee unanimously voted to issue subpoenas to the CEOs of Facebook, Google and Twitter, that will compel them to testify in front of Congress Facebook, Twitter and Go.....
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ASIC Deputy Chairman Daniel Crennan Resigns Over Rental Expenses Row, More Heads Likely to Roll
October 26, 2020 04:00 PM AEDT| By Team Kalkine MediaDaniel Crennan QC, the Deputy Chairperson of ASIC, resigned from his position after it was disclosed that he received nearly A$70,000 in rental payment. On 23 October 2020, before a Senate hearing, ASIC revealed that Deputy Chairperson Daniel Cren.....
What is Kahoot?
October 25, 2020 02:27 AM AEDT| By Edita IvancevicJust how ‘google’ and ‘googling’ made it to official dictionaries, the story behind an interactive platform Kahoot! is no different. Thanks to this Norway invention, children and teachers around the world have been learning.....
Key Takeaways from Jacinda Ardern-Led New Zealand Approach Against the Pandemic
October 25, 2020 02:10 AM AEDT| By Hina ChowdharyCoronavirus’ impact on the world has been devastating. Amid this unprecedented challenge, one of the leaders who has stood tall, is Jacinda Ardern. The 39-year-old prime minister of New Zealand received global praise for her supe.....
How are European nations tackling COVID-19 second wave?
October 25, 2020 02:03 AM AEDT| By Kunal SawhneyAfter being severely hit by the initial wave of COVID-19 and gradually curbing the outbreak, many countries across Europe are again experiencing a resurgence of COVID-19 cases. Presently, countries like France, the UK, Spain and Germany are witness.....
COVID-19 Patients fill over 40% of ICU beds in Paris, an alarm bell for Europe?
October 24, 2020 05:08 PM AEDT| By Team Kalkine MediaThe ongoing COVID-19 pandemic caused by the novel coronavirus (SARS-CoV-2) continues to wreak havoc all over the world. According to the WHO, there have been 41.57 million confirmed cases of COVID-19, including 1,134,940 fatalities across the world.....
Tesla to ship cars from Shanghai plant, improve shipment time for Asia and EU
October 23, 2020 07:30 PM AEDT| By Edita IvancevicThe futuristic-car maker Tesla (NASDAQ:TSLA) has new plans in mind for the local supply of its vehicles. Tesla CEO Elon Musk introduced a new project for car shipments directly from the Shanghai ‘Gigafactory’. With this move, Mr Musk w.....
Tesla smashes market estimates in Q3; General Motors reveals EV plans
October 23, 2020 06:43 PM AEDT| By Team Kalkine MediaTesla, Inc. came up with another banger in the September quarter show, which was labelled as the ‘best quarter in history’ by Elon Musk. But optimists believe that best is yet to come, at least from new factories in two other continents.....
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Gilead (NASDAQ:GILD) Share Price Moves up after FDA Approves Veklury® (remdesivir)
October 23, 2020 03:59 PM AEDT| By Team Kalkine MediaOn 22 October 2020, the US FDA gave the green light to Gilead’s Veklury® (remdesivir) making the antiviral drug the first officially approved treatment for COVID-19, an infection caused by the novel coronavirus, SARS-CoV-2. The shar.....
Goldman Sachs to Pay US$2 billion over Malaysia’s 1MDB scandal
October 23, 2020 03:02 PM AEDT| By Team Kalkine MediaNew York’s leading global investment bank, Goldman Sachs has agreed to a much-anticipated settlement with the US Justice Department and would pay over US$2 billion for its role in Malaysia’s 1MDB scandal. It would let Goldman Sachs avoi.....
AstraZeneca (LON:AZN) to resume COVID-19 vaccine trial in the US ahead of elections?
October 22, 2020 09:55 PM AEDT| By Team Kalkine MediaAstraZeneca’s COVID-19 clinical trials in the US are anticipated to start again as early as this week after the US Food and Drug Administration (FDA) completed its review of a serious illness, sources told Reuters. As per one of the sou.....
Purdue Pharma reaches US$8 bn settlement, Why did the OxyContin maker plead guilty?
October 22, 2020 06:38 PM AEDT| By Edita IvancevicPurdue Pharma agreed to an A$11.6 billion (US$8 billion) settlement after pleading guilty for uncontrolled selling of its controversial opioid product OxyContin. The active ingredient oxycodone has caused more than 450,000 American deaths since 19.....
A look at Tesla’s Powerwall
October 22, 2020 06:21 PM AEDT| By Edita IvancevicOutmost sustainability is a crucial goal for Tesla and its CEO and co-founder, Elon Musk, who never ceases with inventing new sustainable products. MUST WATCH: Why is Tesla Stock doing so well? As almost every other smart Tesla (NASDAQ:TSLA) inve.....
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.....
RBA Governor Philip Lowe Stares at Super Low Interest Rates
October 22, 2020 12:15 AM AEDT| By Team Kalkine MediaReserve Bank of Australia Governor Philip Lowe, in a speech, revealed that the bank was considering to further ease the interest rates. He said that the move would create a more massive effect when the economy gains back the momentum. .....
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