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World news
Will the US Face Critical Shortage of Covid-19 Vaccine Doses?
December 15, 2020 07:42 PM AEDT| By Team Kalkine MediaThere has been a wave of jubilation in the US after the Food and Drug Administration (FDA) granted the emergency use authorisation for the coronavirus vaccine co-developed by Pfizer Inc and BioNTech SE. As the US has the highest number of reported .....
Disney+ on cloud nine after engaging billion-plus subscribers
December 15, 2020 06:22 PM AEDT| By Edita IvancevicSince its launch in November 2019, Disney Plus has attracted a significant number of subscribers, becoming one of the most notable competitors to Netflix. Last week, the streaming platform held an online event, where it presented its goals and ide.....
Google services’ global outage: Here’s what exactly happened?
December 15, 2020 04:53 PM AEDT| By Edita Ivancevicwere forced to take a break or an entire day-off until the problem was rectified. Numerous Google and YouTube services, including Gmail and Google Drive, suffered a 45-minute outage on Monday, disrupting the operations of schools and work envir....
Jacinda Ardern assures New Zealand-Australia travel bubble to come up early next year
December 15, 2020 04:39 PM AEDT| By Edita Ivancevicthe news, saying his country was ready to meet the required terms and conditions. In a welcome decision which can boost travel industry in New Zealand and Australia, Kiwi Prime Minister Jacinda Ardern confirmed to establish a trans-Tasman trave....
China turns up the heat on trade war, bans Australian coal
December 15, 2020 03:13 PM AEDT| By Edita Ivancevice A$14 billion coal industry joins the show, raising anxiety in Australian miners. Chinese authorities are thought to have confirmed a formal ban on A$14 billion coal imports from Australia on Monday night. Since then, the Australian government...
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Kordia Group Mourns after its Ex-CEO Scott Bartlett died following a battle against Brain Tumour
December 15, 2020 02:27 PM AEDT| By Team Kalkine MediaFormer CEO of Kordia Group, Scott Bartlett who was diagnosed with multiple brain tumour in August 2019 died at the age of 40, battling against cancer on 15 December 2020. Scott Bartlett was one of the famous names on the New Zealand tech scene. He w...
Biden Gets Green Signal from Electoral College to Become 46th US President
December 15, 2020 01:52 PM AEDT| By Team Kalkine MediaOn Monday, 14 December 2020, the US president-elect Biden got a substantial majority of votes in the Electoral College. This confirms his victory in the last month's presidential elections and affirms that he would be the next president of the US. .....
Another hour-long Google service outage in six months, Gmail, Google Drive affected
December 15, 2020 03:01 AM AEDT| By Team Kalkine MediaThe services of global tech conglomerate Google were down for the fourth time this year after 90 per cent of the users failed to log in into prime Google applications, such as Gmail, YouTube, Google Drive, Google TV and Google Play. Although the Go.....
Alibaba (NYSE: BABA), Tencent Holdings (OTC: TCEHY) backed firms fined by Chinese market regulator
December 14, 2020 11:05 PM AEDT| By Hina ChowdharyExercising its new law on anti-competitive business behaviour in the country, China has imposed a fine of CN¥ 500,000 each on China Literature and Shenzhen Hive Box for not providing proper details on recent M&A deals for anti-trust reviews.....
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Tech entrepreneurs dominate Australia’s Young Rich List
December 14, 2020 09:15 PM AEDT| By Edita IvancevicAustralian Financial Review (AFR), the Aussie newspaper picks the wealthiest people in the continent and ranks them annually. Image Source: Shutterstock However, the Young Rich list could be the one where Australian entrepreneurs, aged 40 and y.....
Global Economy to regain speed on a Bumpy Road to recovery
December 14, 2020 08:27 PM AEDT| By Team Kalkine MediaThe global economy has shown its remarkable resilience as it gradually progressed through the COVID-19 pandemic. Though prospects for a way out of the crisis have risen, some countries are still battling the rising number of virus cases by re-impo.....
Blackstone Real Estate, Soilbuild Group Chairman to Privatise Soilbuild Reit
December 14, 2020 07:16 PM AEDT| By Kunal SawhneySingapore-based property company Solidbuild Group Holdings Limited’s executive chairman and co-founder Lim Chap Huat has teamed up with Blackstone Real Estate in a bid to privatise and delist Soilbuild Business Space REIT (SB REIT) at $0.55 i.....
Elliott reportedly buys stake in Public Storage (NYSE: PSA)
December 14, 2020 06:38 PM AEDT| By Team Kalkine MediaNew York-based investment management company Elliott Management Corporation has reportedly bought a stake in the California-headquartered self-storage firm Public Storage (NYSE: PSA). In recent weeks, Public Storage and Elliott Associates have had .....
NZX regular trading on Monday morning postponed due to connectivity issues
December 14, 2020 01:01 PM AEDT| By Team Kalkine MediaOn 14 December, NZX postponed the opening of the share market until 11:30 am due to technical glitches and issues on the interface between its clearing and settlement and trading systems. The stock market operator declared that the main Board and .....
Mastercard (NYSE: MA) to Face a £14.0 Billion Class Action Suit in the UK
December 13, 2020 11:47 AM AEDT| By Hina ChowdharyThe British Supreme Court has allowed the initiation of a first-class action suit against payments company Mastercard for overcharging customers. The company has been accused of overcharging of nearly 46 million people in Britain over a pe...
UK Moves Step Closer to First Nuclear Fusion Power plant
December 13, 2020 12:04 AM AEDT| By Kunal SawhneyThe UK government has started the hunt for a 100-hectare site for its upcoming nuclear fusion-based power plant. Called as Spherical Tokamak for Energy Production (STEP), it is expected to cost around £2 billion. Production is anticipated to .....
IoT Outlook: Time for Aussies to benefit from IoT?
December 13, 2020 12:00 AM AEDT| By Hina ChowdharyThe benefits and applications IoT or Internet of things in the present times is not hidden anymore. IoT can be explained as the connection of smart things that are enabled by data analytics and artificial intelligence. The evolution of IoT is making...
What can we expect in the cybersecurity space next year?
December 13, 2020 12:00 AM AEDT| By Team Kalkine MediaWe have almost entered the third decade of 21 century, and the new economy we see now is a digital economy which is not restricted to a limited number of industries. Still, it has become the core of the whole economy. It is because of digitisation th...
Hong Kong Airlines and Shangri-La Hotel Group Restart Laying Off Staff
December 12, 2020 10:09 PM AEDT| By Kunal SawhneyThe state of the economy in Hong Kong continues to be in a shamble as businesses are still laying off people in the wake of poor economic recovery. The airline and the hospitality industries are perhaps the most affected in the country, which once .....
US FDA allows Pfizer-BioNTech Covid-19 vaccine for emergency use
December 12, 2020 08:53 PM AEDT| By Kunal SawhneyThe US Food and Drug Administration (FDA) on Friday gave a go-ahead to Pfizer-BioNTech COVID-19 Vaccine for emergency use in the US. The FDA in a statement said that it is determined that Pfizer-BioNTech’s vaccine has met its statutor.....
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