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World news
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Biden beefs up travel restrictions in wake of new virus strains
January 27, 2021 12:56 PM AEDT| By Team Kalkine MediaUnited States President Joe Biden is planning to impose a travel ban on most of the non-US citizens entering the country from select places where new virus strains have cropped up. The travel ban is expected to mitigate the spread of the new varian.....
GameStop (NYSE: GME) 8-day gain swells to over 400%
January 26, 2021 04:47 PM AEDT| By Kunal SawhneyShares of GameStop Corp (NYSE: GME), a Texas-headquartered video game retailer, have been a raging run for the last couple of weeks. The share prices has already posted a gain of more than 200 per cent in just seven trading sessions. Surprisingly, .....
Shares of RLX Technology Inc (NYSE: RLX) rose 86% after hitting NYSE
January 26, 2021 04:34 PM AEDT| By Kunal SawhneyRLX Technology Inc., the china-based vaping company, made a smashing debut on the New York Stock Exchange (NYSE), with the share prices escalating to as much as 86 per cent after it&nbs.....
Death of Loon Project, Google’s Bold Internet-For-All Bet
January 26, 2021 04:00 PM AEDT| By Kunal Sawhneyns for futuristic applications. Alphabet’s Loon balloons have shown how human ingenuity can help solve our complex problems. The project has failed not for the lack of expertise but because of the cost factor. Since its jo...
Merck (NYSE: MRK) terminates Covid-19 vaccine development programme
January 26, 2021 03:26 PM AEDT| By Kunal SawhneyNew Jersey-headquartered pharmaceutical giant Merck and Co. Inc (NYSE: MRK) said on Monday, 25 January, that it has terminated its Covid-19 (SARS-CoV-2) vaccine development programme. The decision to discontinue the vaccine programme is based on&nb.....
New Zealand’s Waikato Milking Systems spreads its wings into China
January 26, 2021 01:53 PM AEDT| By Team Kalkine MediaYet another company from New Zealand has taken its business overseas to China. Waikato Milking systems is in the process of installing 80 bail Orbit rotary parlours that are made of concrete in New Hope Animal Husbandry located at Chengdu, China. .....
China dethrones US as the highest FDI recipient in 2020
January 25, 2021 06:28 PM AEDT| By Team Kalkine MediaAccording to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year, surpassing the FDI inflow received by the US worth US$134 billion. The UN published its Investment.....
How would Joe Biden becoming the U.S President prove beneficial for New Zealand?
January 25, 2021 06:14 PM AEDT| By Team Kalkine MediaWith Joe Biden swearing in as the new President of the Unites States of America on his inauguration day held in the capitol on January 20, 2021, the world seems to be looking towards the dawn of a new era. After a rather eventful 4-year term spent .....
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What is NZ COVID-19 vaccination schedule? Who will be given priority?
January 25, 2021 05:39 PM AEDT| By Team Kalkine MediaThe vaccination program of New Zealand is set to begin in 2021. In the programme, the priority will be given to border workers, frontline staff, and older adults. However, work is in progress for some communities that might be trickier to reach to....
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Sydney Airport Tightened Screening Process as New Case Found in NZ
January 25, 2021 04:54 PM AEDT| By Kunal SawhneySydney is again on the tight spot as the Sydney Airport has increased its passenger screening protocols. Recently the state of New South Wales celebrated its eight-day without acquiring any new COVID-19 case. However, the testing is conducted in lo.....
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Fire at serum institute, will this impact vaccine rollout?
January 25, 2021 02:18 PM AEDT| By Hina ChowdharyOn 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire. The S.....
Iconic Talk Show Host Larry King Dies At 87
January 24, 2021 02:28 AM AEDT| By Team Kalkine MediaLarry King, the iconic American talk show host and journalist, who charmed millions with his TV and radio programs, breathed his last on January 23, 2021. He was 87. Mr King passed away at Cedar-Sinai Medical Center in Los Angeles, US, said a statem...
How has COVID-19 impacted unemployment levels in New Zealand?
January 24, 2021 12:57 AM AEDT| By Kunal SawhneyWith the unfurling of the pandemic, the entire world witnessed ups and downs never seen before. Right from being cooped up at homes due to the fear of infection, to the novel routines of social distancing and wearing masks, the disease brought with.....
Investors Gung-Ho on Electric Vehicle Start-up Rivian
January 24, 2021 12:22 AM AEDT| By Hina ChowdharyThe electric vehicle space has been revving up lately, on account of growing support from consumer, industry, and government for the transition to clean fuel vehicles. With technological advancements and rollout of new models, the future looks brig.....
Prisa (BME: PRS) shares skyrocket 21% as Vivendi (EPA: VIV) agrees to acquire 7.6% stake
January 23, 2021 02:42 AM AEDT| By Hina ChowdharyShares of Madrid-headquartered media conglomerate Prisa, Promotora de Informaciones, SA, (BME: PRS), skyrocketed more than 21 per cent, on Friday, after the Paris-based media giant Vivendi (EPA: VIV) agreed to acquire 7.6 per...
EU car sales report worst-ever decline 2020, thanks to the COVID-19 Pandemic
January 23, 2021 01:57 AM AEDT| By Hina ChowdharyDespite moving into the new year, the pandemic-related challenges continue to affect the world economy with no quick-fix in sight at the moment. 2020 was a defining year in many ways due to the significant challenges faced by societies and busines.....
How will Biden's Presidency impact the US energy industry?
January 23, 2021 01:54 AM AEDT| By Kunal SawhneyShutterstock Image Joe Biden sworn in as the 46th U.S. president on Wednesday evening, just seven days after Donald Trump's allies declined to acknowledge the then incumbent President's defeat. On the very first day after taking the charge,.....
Is New Zealand ready for COVID-19 vaccine rollout or is it rushing?
January 23, 2021 12:06 AM AEDT| By Kunal SawhneyNew Zealand was able to effectively eradicate coronavirus within its borders because it implemented a strict lockdown strategy, and also got benefited from being a small island with a small population. However, coronavirus pandemic h.....
Google to disable search in Australia if media code becomes legal
January 22, 2021 07:07 PM AEDT| By Team Kalkine MediaAs per the latest update on Australia's proposed media code for imposing charges on tech giants Facebook and Google towards displaying local media feeds, Google will have no choice but to stop its services available in Australia. Mel Silva, Aust.....
Cellnex Telecom (BME: CLNX) and Deutsche Telekom to Merge Tower Business
January 22, 2021 02:50 AM AEDT| By Kunal SawhneySpanish and German telecommunications infrastructure company Cellnex Telecom S.A. (BME: CLNX) and Deutsche Telekom AG (ETR: DTE) have agreed to merge their tower business. The combination of T-Mobile Infra BV, Deutsche Telekom’s tower b.....
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