World news

3 start-ups that have passed the COVID-19 test unscathed
October 05, 2020 12:30 AM AEDT| By Team Kalkine MediaThere is no special report required to see the economic devastation knocking off many countries' economies down. Australia's small businesses are not immune to it either. Since March, most retail shops are closed, restaurants are closed, busy stree.....

Food For Thought: Can Hefty Fines Deter People From Violating Safety Norms?
October 05, 2020 12:22 AM AEDT| By Team Kalkine MediaSummary While the Government had been proactive in imposing safety restrictions, people don’t seem to be abiding by the safety norms across nations. Hefty fines have been imposed across several countries like England, the UAE, Austr.....

Elections around the corner - How is NZX entering October 2020? Few Sectors to look out for
October 03, 2020 02:34 PM AEST| By Team Kalkine MediaThe year 2020 till now has been under the grasp of the COVID-19 crisis. The coronavirus stricken world is looking for an effective treatment for the virus to restore both health and the economy. The virus, which originated at Wuhan city of China, i.....

JPMorgan pays $920 Million to settle the US Justice Department and CFTC Probe
October 02, 2020 10:00 AM AEST| By Team Kalkine MediaOne of the largest banks in the United States, JP Morgan Chase was found engaged in placing manipulative trades in the secondary market, which consists of futures tied to precious metals and Treasury bonds. JP Morgan has been asked to pay a fine of.....

Both Donald And Melania Trump Tested Positive For Coronavirus
October 02, 2020 05:20 AM AEST| By Team Kalkine MediaIn his most recent tweet, the US President Donald J. Trump announced that both him and his wife Melania Trump contracted COVID-19. After Mr Trump’s close adviser Hope Hicks revealed her positive coronavirus test, the President revealed that .....

Airwallex raises A$56 million for expansion in other continents
October 01, 2020 04:26 PM AEST| By Edita IvancevicThe highly-rated Australian fintech Company Airwallex has raised another US$40 million (A$56 million) via an extended round of funding, adding more capital to its fundraised money which is now estimated at around A$400 million in total, since the u.....

AstraZeneca Share Price Topples as FDA Widens its Inquiry on COVID-19 Vaccine
October 01, 2020 12:00 PM AEST| By Team Kalkine MediaShare price of British-Swedish multinational pharma and biotech company AstraZeneca Plc (LON:AZN) tumbled by 0.56% to close the market at US$54.80 on 30 September 2020. The U.S. Food and Drug Administration (FDA) is still to give approval to Astra.....

How are developing world economies preparing for COVID-19 vaccine deployment and testing?
September 30, 2020 07:07 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 pandemic has affected nearly 33.25 million individuals, including ~1 million deaths, as reported to the WHO as of 5:08 PM CEST on 28 September 2020. Many healthcare companies are engaged in the development of vaccines, treatmen.....

Mr Trump’s latest affair is not doing him any favours
September 29, 2020 08:53 PM AEST| By Edita IvancevicSince the last presidential election held in the US back in 2016, controversies from the current American President Donald Trump have not stopped flooding the news articles on every media outlet. Trump’s newest affair revealed by the globall.....

NZX bounces back after cyber-attacks, new website goes live
September 29, 2020 08:12 PM AEST| By Team Kalkine MediaCyber-attacks are increasingly becoming a norm on New Zealand stock exchange and has also been extended to websites, which involve banks as well as media firms. New Zealand stock exchange fell victim to a distributed denial of service (DDoS) cyber.....

Uber Remains Available in London, Licence Granted for 18 Months
September 29, 2020 08:11 PM AEST| By Edita IvancevicUber has secured a new licence to operate in London, after a court ruled in favour of the ride hailing service in an appeal against Transport for London (TfL). With a number of conditions, the licence has been granted for a period of 18 months. &nb.....

Victorian Health Minister Resigns, How Does It Impact the COVID-19 Battle?
September 29, 2020 04:32 PM AEST| By Team Kalkine MediaThe COVID-19-hit state of Victoria had been making headlines with the emergence of the second wave of the pandemic. Besides, the necessary restrictions placed across the state to curb the spread were under the spotlight. Amid so much news related .....

How did the Australian businesses perform amid COVID-19 pandemic?
September 29, 2020 12:07 AM AEST| By Edita IvancevicWhen the pandemic struck Australia along with the whole world, millions of people were forced to work from home. As the shift to work from home may seem easy for some, businesses needed to improve their technology performance both at work a.....

Global tech major Microsoft strengthens its ties with Telstra
September 28, 2020 10:26 PM AEST| By Team Kalkine MediaWorld's leading technology giant Microsoft Corporation (NASDAQ:MSFT), and Australia's leading telecommunications company Telstra Corporation Limited (ASX:TLS) are focusing on fast-tracking the development and unveiling of various cloud-based servic.....

Glance at US tech sector; FAANG stocks remain volatile
September 28, 2020 09:41 PM AEST| By Team Kalkine MediaThe FAANG stocks or the tech darlings in the US stock market are crucial for Wall Street trading as their performance influences the broader movement of the equity markets. The FAANG stocks include five prominent American technology .....

Wall Street Raises Target Price on Amazon, Why So Bullish?
September 27, 2020 08:00 AM AEST| By Team Kalkine MediaGlobally, COVID-19 market mayhem brought the economy to a standstill. The shut doors of numerous entities and educational institutions, however, led to an unprecedented demand for technology. Burgeoning demand for cloud computing and digital servi.....

The US Fed Bats for Further Stimulus, Market Losing Hope?
September 27, 2020 08:00 AM AEST| By Team Kalkine MediaThe ongoing Global Virus Crisis (GVC) has hit world economy hard, with many businesses shattered, bleak employment scenario amid increasing layoffs and pay cuts, and growing infection cases and deaths. Undoubtedly, this is a period of enormous unce.....

How Will Smartphones Look Like In 2030?
September 27, 2020 12:15 AM AEST| By Ipsita SarkarMoore’s Law predicts that the speed and performance of a circuit will double every two years. And this continues to shape the trajectory of technology. The law has become a golden rule for pretty much all things digital, including those littl.....

How is climate change impacting the way NZ businesses operate?
September 26, 2020 06:00 PM AEST| By Team Kalkine MediaGlobal Climate Change is one of the major issues of our time, which requires an immediate attention of people across the world to tackle it. Scientists were predicting about the same since long, and now the impacts are quite evident. We can see mo.....

How Is Wall Street Poised Ahead of Presidential Elections & Mixed Economic Signs?
September 26, 2020 05:07 PM AEST| By Team Kalkine MediaSome experts argue that the share market is an economic and not a political barometer. Given interlinkages between economics and equity space, the micro and macroeconomic indicators continue to drive the American share market. However, there is no .....

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