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World news
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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. .....
China's October 2020 CPI growth rate falls to 11-year low, PPI drops for ninth straight month
November 10, 2020 04:18 PM AEDT| By Team Kalkine MediaThe growth rate of China’s consumer price index (CPI), the indicator of retail inflation in the country, has fallen to the lowest level in 11 years since the subprime mortgage-led catastrophe rattled the financial markets across the w.....
GE Healthcare in partnership with GenesisCare to deliver improved Cancer and Cardiovascular treatments
November 10, 2020 03:33 PM AEDT| By Hina ChowdharyGE Healthcare is the healthcare division of the American multinational conglomerate, General Electric (NYSE: GE). The division alone is valued at US$16.7 billion and provides medical technology and related digital solutions on a global scale. .....
Pfizer, BioNTech’s share prices jump on upbeat COVID-19 vaccine news
November 10, 2020 01:13 PM AEDT| By Team Kalkine MediaOn 9 November 2020, Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced that their vaccine candidate, BNT162b2 was found to be over 90% effective for the prevention of COVID-19 in Phase 3 participants with no evidence of an earlier SARS-C.....
AstraZeneca (AZN) and Regeneron (REGN) beat COVID-19 blues, report strong Q3 results
November 10, 2020 12:24 PM AEDT| By Team Kalkine MediaDuring the current reporting season, several companies have reported losses due to the impact of the ongoing pandemic. However, in the healthcare sector, some companies have witnessed moderate to high growth in revenues. This is because there have .....
Uber's food delivery business ahead in the race; Ride services taking U-turn in revenues
November 08, 2020 08:05 AM AEDT| By Kunal SawhneyGlobal e-hail company Uber Technologies Inc released a statement on Thursday stating that the demand for its food-delivery service Uber Eats rose exponentially in the latest quarter ending on 30 September 2020. However, it's signature global rides .....
European countries are re-imposing lockdowns amid the second wave of Coronavirus
November 08, 2020 08:00 AM AEDT| By Team Kalkine MediaThe Coronavirus has infected more than 48 million people on the planet in a span of mere nine months. The outbreak has been witnessed across the globe with some nations getting affected way more than others. Some of the worst-hit nations inc.....
Top 5 Economies Investing in Australia: What are the sectors under focus?
November 08, 2020 12:20 AM AEDT| By Kunal SawhneyForeign investment is essential to any country's economic prosperity. Even in Australia, the investment has helped build the country's economy. The investment provides a platform to improve the wellbeing of its citizens' financial growth as well. .....
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 08, 2020 12:14 AM AEDT| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....
Climate Change to impact Australian economy: time to bring in robust changes
November 08, 2020 12:12 AM AEDT| By Kunal SawhneyClimate crisis for Australia is not new. Each year the climate topic pops up, and conversations continue with less significant actions to deal with it. Recently in a groundbreaking case, a 25-year-old won a trial against Australian superannu.....
Why did the streaming video service Quibi fall?
November 08, 2020 12:10 AM AEDT| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....
5 emerging Tech trends to rock the world after coronavirus
November 07, 2020 03:59 AM AEDT| By Kunal SawhneyThe value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19. With work from home becoming the new normal, technology is playing a significant role in supportin.....
US Presidential Election 2020: Federal reserve interest rates hold steady
November 06, 2020 05:51 PM AEDT| By Team Kalkine MediaThe Federal Reserve has pledged to take every step to sustain the U.S. economic recovery in coming months, which is threatened by the spread of the deadly coronavirus pandemic and the uncertainty being faced over a still undecid.....
Massive growth on the cards for Medical Equipment Repair Market
November 06, 2020 04:29 PM AEDT| By Team Kalkine MediaThe medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to boom further in the future. The main factors driving the medical equipment repair market are incre.....
Japan Post agrees to sell Toll Global Express business
November 06, 2020 02:13 PM AEDT| By Team Kalkine MediaJapan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics subsidiary Toll Holdings Ltd. By selling this business, Japan Post aims to concentrate on making Toll.....
US observed a surge in coronavirus cases after Election day
November 06, 2020 12:19 PM AEDT| By Team Kalkine MediaUS has set a 1-day record for new coronavirus cases on 4 November. The average daily confirmed cases jumped to an all-time high in the US as the country lingers on a knife-edge for a President. As per John Hopkins University, daily fresh coronavir.....
FTSE 100 gains 5% in 3 days as Biden, Trump fight it out hard in US presidential elections
November 05, 2020 09:51 PM AEDT| By Team Kalkine MediaUK stock markets have been on a gaining spree from the last three days with Democratic presidential candidate Joe Biden leading over President Donald Trump in the US presidential elections 2020. The close competition between Biden and Trump has rea.....
How is the US election result going to Impact New Zealand?
November 05, 2020 02:34 PM AEDT| By Team Kalkine MediaThe destiny of the President of US hung in balance on 3 November as Democratic challenger Joe Biden and President Donald Trump continues to fight a close race in battleground states to win the White House. US election workers are still tabulating .....
ASX market rises, following Wall Street’s rally before the US elections result
November 05, 2020 02:27 PM AEDT| By Kunal SawhneyFinally, the world is closer than ever to witness, probably the most important event for the world nowadays, i.e. outcome of the 59th quadrennial US presidential elections. With the current count of 264 electoral votes in favour of Joe Biden, the m.....
AU & US Earnings beat expectations but future still looks gloomy
November 05, 2020 06:00 AM AEDT| By Team Kalkine MediaThe coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in the earnings, the recovery has been quite fast across sectors. Looking at the third quarter perfor.....
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