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World news
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Australia warns against protectionism on Italy's vaccine export block
March 09, 2021 04:55 PM AEDT| By Team Kalkine MediaSource: Seasontime, Shutterstock Summary Australian government triggers a warning against vaccine protectionism on the vaccine export block from Italy. The country has asked the European Commission to review Italy’s decision. The govern...
Samsung Collaborates With Spark New Zealand To Roll Out 5G In Christchurch
March 09, 2021 02:14 PM AEDT| By Team Kalkine MediaSource: Mahony ,Shutterstock In a major announcement, Samsung Electronics NZ in association with Spark New Zealand has launched its first 5G service in Christchurch, making the South Island city, 6th in place, to get the latest mobile technolog...
Amazon-backed Deliveroo set for London IPO with Dual-Class Structure
March 09, 2021 01:51 PM AEDT| By Team Kalkine MediaSource: zaozaa19,Shutterstock Summary Deliveroo, a British food delivery firm, is set to launch its IPO, expected to be London's biggest listing in several years. The plan follows strong business traction during 2020. The com...
Legacy Automakers Transitioning to EV by 2030
March 09, 2021 12:53 PM AEDT| By Mark O'DonnellSource: Virrage Images,Shutterstock Summary Legacy Automakers are ramping up EV production, with many signalling a complete transition to EV within the decade. Electrified versions of popular makes and models are being pushed out over the...
US Stocks End Mixed Amid Recovery Hopes, Bond Selloff
March 09, 2021 08:43 AM AEDT| By Team Kalkine Mediaden’s US$1.9 trillion relief bill set for a final Senate vote on Tuesday. US stocks ended mixed on Monday ahead of a crucial Senate vote on President Joe Biden’s US$1.9 trillion stimulus package this week, even as investors continued...
Why Is Goldman Sachs Group Inc Planning to Resume Its Cryptocurrency Desk?
March 09, 2021 12:56 AM AEDT| By AbhijeetSource: Chinnapong, Shutterstock Summary A study by Goldman Sachs has found renewed interest in the group’s digital assets. Media reports had said that the group would now be dealing in bitcoin futures, non-deliverable forwards. Ami...
Rocket Lab Refuels To Compete With SpaceX
March 08, 2021 06:06 PM AEDT| By Mark O'DonnellSource: Oleg_Yakovlev, Shutterstock Summary Rocket Lab is set to list on the Nasdaq in the second quarter of 2021. Rocket Lab will use the listing to gain funds to build bigger rockets. The US-NZ Company is targeting SpaceX’s marketspac...
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Paul Abbot Hired As The New CEO Of Destination Queensland
March 08, 2021 05:40 PM AEDT| By Team Kalkine Medialistening and learning in order to gauge the issues being faced by the shareholders. As per the latest media reports, Mr. Paul Abbot has been appointed as the new Chief Executive for Destination Queensland. Mr. Abbot previously worked as the Ch....
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NZ Government Obtains Life Savers, 8.5 Million COVID-19 Shots for Its Citizens
March 08, 2021 05:01 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock On 8 March 2021, New Zealand Prime Minister, Jacinda Ardern asserted 2021 as the ‘Year of the Vaccine’ and assured that the government is leaving no stone unturned to beat this ghastly pandemic. ...
Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data
March 08, 2021 03:25 PM AEDT| By Team Kalkine MediaSource:zstock,Shutterstock American pharmaceutical behemoth Merck (NYSE:MRK) and Ridgeback Biotherapeutics LP disclosed preliminary findings from Phase 2a double-blind, placebo-controlled, randomised trial for evaluating the safety, tolerability, an...
Wonder Women: Australian female CEOs who made a difference
March 08, 2021 03:16 PM AEDT| By Team Kalkine MediaSource: © Arrow | Megapixl.com Gone are the days when only men used to lead businesses accounting for almost all the senior executive posts. The current era is the one where females are giving healthy competition to their male counterparts acro...
Social Media Buzz: What Is VanEck Vectors ETF?
March 08, 2021 02:52 PM AEDT| By Mark O'DonnellSource: Peshkova ,Shutterstock A new ETF was launched last Thursday in the US. The ETF is designed to track the stocks receiving considerable social media mentions and attention. VanEck Vectors Social Sentiment ETF (BUZZ:NYSE Arca) is comprised...
Who topped the list of US Economic Freedom Index, who got axed
March 08, 2021 12:56 PM AEDT| By SonalSource: MotionEmo,Shutterstock Summary Heritage Foundation unveiled its annual ranking of freest economies in the world. Singapore tops the list with Vietnam stepping into moderately free category for the 1st However, Hong Kong was remov...
Will New Caledonian Deal Allay Tesla's Nickel Shortage Fears?
March 08, 2021 12:53 PM AEDT| By Team Kalkine MediaSource: franz12,Shutterstock Summary Tesla has secured greater control over nickel supply with the execution of a partnership with the New Caledonian government. The decision comes amid surging demand for electric vehicles and growing con...
Bitcoin Stays Below $50,000 As Worries Over Digital Yuan Resurface
March 07, 2021 09:09 PM AEDT| By Abhijeetrsquo;s expected launch of a CBDC has seemingly jeopardised the prospects of crypto-assets Bitcoin has been trading below the level of $50,000 for the last couple of days as worries surrounding the introduction of digital yuan resurfaced with th...
EU To Ask the US to Export AstraZeneca/Oxford Vaccine: Report
March 07, 2021 08:58 PM AEDT| By Suhita Poddarn programme in December but is lagging behind the UK and US due to a shortage of jabs. Unable to address the supply shortage of AstraZeneca’s Covid-19 vaccines, the European Union has turned to the United States to export the millions of d...
US President Biden rejoices as Senate clears $1.9 trillion Covid-19 relief package
March 07, 2021 04:41 PM AEDT| By Team Kalkine MediaSource: alafarm, Shutterstock Summary President Biden praised the efforts of the administration as Senate approved the $1.9 trillion relief package The unemployment benefits to the tune of $300 have been extended until September 2021 The...
What Brought Greensill Capital To the Brink of Insolvency Within Days?
March 07, 2021 02:16 PM AEDT| By AbhijeetSource: Indypendenz, Shutterstock Summary Greensill Capital is at the risk of insolvency, revealed documents produced in a court. The documents highlighted discrepancies in its £5.55-billion insurance of loans to its customers. &nbs...
VC Funds To Female-Founded Firms Drop Notably In 2020: Show Studies
March 07, 2021 12:32 PM AEDT| By Team Kalkine MediaSource: Worawee Meepian, Shutterstock Summary Venture funds to female-founded start-ups declined globally by around 27 per cent in 2020. The number of female-founded start-ups grew significantly since 2015. VC funds to such companies in the U...
US Stocks Edge Higher On Positive Jobs Report, Stimulus Hopes
March 06, 2021 12:19 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary S&P 500 gained 1.95%, Dow Jones was up 1.85%, and NASDAQ added 1.55%. Senate finalizes President Joe Biden’s US$1.9 trillion relief bill for approval. Brent crude oil futures rise as OPEC &am...
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