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World news
Xiaomi shares slip after the US investment ban
January 15, 2021 03:41 PM AEDT| By Team Kalkine MediaCranking up pressure on Beijing, the United States’ Department of Defence has blacklisted nine Chinese companies, including Xiaomi Corporation. The US investors would be barred from investing in the alleged “Communist Chinese military c.....
What’s Inside Joe Biden’s US$1.9 Trillion Coronavirus Rescue Package?
January 15, 2021 02:24 PM AEDT| By Kunal SawhneyA long-raging presidential battle packed with a series of overturning events appears to be finally over, and Joe Biden is expected to take oath as the US President in a public ceremony on 20 January 2021. However, before assuming his office, Joe Bi.....
The spotlight on Affirm and its bearing on the Market
January 15, 2021 01:36 PM AEDT| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
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Tesla (NASDAQ: TSLA) Asked to Recall 158,000 Vehicles Over Safety Issues
January 14, 2021 07:55 PM AEDT| By Team Kalkine MediaUS regulator National Highway Traffic Safety Administration has asked EV carmaker Tesla to recall 158,000 vehicles due to safety concerns in the display module that can cause critical failures. It is important to note that electric mobility is sti.....
Snapchat slaps permanent ban on Trump over Capitol Hill riots
January 14, 2021 07:50 PM AEDT| By Team Kalkine MediaThe recent incident in Capitol Hill has gone quite against the US President Donald Trump, with the outgoing president facing heaps of backlash from congress, judiciary as well as from many tech companies. The vandalism staged by Trump supports at .....
NZ all set to get its first ever plant-based Oat Milk Facility
January 14, 2021 06:27 PM AEDT| By Team Kalkine MediaThe first plant-based milk manufacturing factory is all set to be established in Southland, according to recent reports. Before this, oats from the country were sent to various parts of the world for being processed and then sent back to the client.....
Affirm off to a flying start on NASDAQ, ASX-listed BNPL players have a field day
January 14, 2021 04:30 PM AEDT| By Kunal SawhneyUS-based BNPL firm Affirm is now on NASDAQ boards. Shares of the company ended almost 100% higher on the first day of trading on Wednesday in the US. Paypal Co-founder Max Levchin is the Chief Executive Officer of the company. Affirm has ove.....
Can COVID-19 be completely eliminated after mass vaccination?
January 14, 2021 04:25 PM AEDT| By Edita Ivancevict all restrictions in place, as the younger generations are at a much lesser risk. Coronavirus vaccine rollout has started in several nations across the world. However, they are still limited to only a fraction of the population, which is consid...
ACCC indicates potential legal cases against Facebook, Apple, and Google over ‘ad tech’
January 14, 2021 03:51 PM AEDT| By Team Kalkine MediaACCC has indicated the scope of legal cases against the tech giants Facebook, Apple and Google related to the investigation concerning the digital advertising and app markets. The ACCC’s chairperson Rod Sims was investigating ad-tech where G.....
Trump becomes first US president to get impeached twice, Senate yet to vote
January 14, 2021 11:39 AM AEDT| By Edita IvancevicDonald J Trump became the first president in the history of the United States to get impeached twice during his mandate, after a majority of Senators from Democratic and Republican parties found him responsible for inciting riots at Capitol Hill in.....
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 08:49 PM AEDT| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Couche-Tard (TSE: ATD) initiates talks with Carrefour (EU: CA)
January 13, 2021 07:33 PM AEDT| By Team Kalkine MediaAlimentation Couche-Tard Inc. (TSE: ATD) announced that it is in talks with Carrefour SA (EU: CA) for a potential tie-up. The Canadian multinational operator of convenience stores, Couche-Tard informed that it has initiated a potential deal with Ca.....
Is Twitter right in its attempt to censor Donald Trump?
January 13, 2021 06:40 PM AEDT| By Edita Ivancevicban Mr Trump from accessing the network has a legal ground in the First Amendment. Understanding freedom of speech and political correctness has been on high demand since social media platforms became an equivalent to ancient forums of speeches...
COVID-19 vaccines may not be an end all answer for the Aviation Sector
January 13, 2021 04:57 PM AEDT| By Kunal SawhneyIt was recently revealed by several airlines that despite the COVID-19 vaccines now in the process of being circulated across the world, the aviation industry’s troubles are far from over. Having witnessed one of the worst years ever in 2020.....
New Zealand-wide 4G Vodafone outage under probe
January 13, 2021 04:52 PM AEDT| By Team Kalkine MediaA countrywide outage was reported due to some issues with Vodafone’s 4G mobile data service operations on Tuesday evening. The Vodafone customers all over the country had trouble in accessing the Internet for hours. Vodafone is still investiga...
‘No political games’: Pence won’t invoke 25th amendment to oust Trump
January 13, 2021 04:27 PM AEDT| By Edita Ivancevicice. Ms Pelosi is expected to proceed with Mr Trump’s impeachment. Vice President Mike Pence has said that he will not use his right to invoke the 25th amendment and pronounce Donald Trump ‘unfit for office’. Mr Pence informe...
New Zealand Wines soon to reach overseas clients, online portal unveiled
January 13, 2021 02:33 PM AEDT| By Team Kalkine MediaIt has been recently reported that New Zealand would sell wines abroad though a new online portal. A major part of the wine experience in New Zealand is people from across the world visiting local cellar doors to understand the wine culture of the .....
Zoom (NASDAQ: ZM) to Raise $1.5Bn in Secondary Share Sale
January 13, 2021 02:24 PM AEDT| By Team Kalkine Media2020 was a game-changing year for many businesses. Amid the unprecedented COVID-induced challenges, when most of the traditional businesses tumbled down, there were some companies that experienced meteoric growth. Several businesses that witnessed.....
Adding insult to injury: Deutsche Bank joins list of companies punishing Trump
January 13, 2021 02:18 PM AEDT| By Kunal SawhneyGerman banking major Deutsche Bank has joined the list of companies blacklisting US President Donald Trump. It is being reported that the bank no longer intends to do business with the outgoing President. Source: MegapixlTM Mr Trump is facing a.....
Woman siphons off A$65,000 from Bupa to fund ‘lavish lifestyle’
January 13, 2021 02:14 PM AEDT| By Edita Ivancevicat she was fully aware of what she was doing and stole the money because of greed. A 31-year-old Tasmanian woman committed insurance fraud by stealing A$65,000 from Bupa Health Insurance during her two-year employment. Olivia Rose Rodgers, a ma...
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