World news

Will minimum wage hike lead to job losses in NZ?
January 09, 2021 12:55 PM AEDT| By Team Kalkine MediaThe NZ government has given a go-ahead to the plan of enforcing the hike in minimum wage, ignoring the suggestion of Ministry of Business Innovation and employment (MBIE) to delay the increase till October and scale down the minimum wage increase b.....

Could NZ river cleaning projects prove to be an economic equaliser?
January 09, 2021 12:47 PM AEDT| By Hina ChowdharyThe environment minister David Parker has recently announced 19 different river cleaning projects in the country. There will be about 400 jobs created due to the same, which may be beneficial to several people who have been facing employment issues.....

US Airlines ban alcohol on domestic flights after passengers created ruckus
January 09, 2021 12:10 AM AEDT| By Edita IvancevicRecent violent protests at the White House resulted in dangerous flying conditions for the passengers, as it was brought to the notice of the Association of Flight Attendants, an American union, which represents 17 airlines in the country. For tha.....

China hands death sentence to ex-banker over bribery charges
January 09, 2021 12:05 AM AEDT| By Edita IvancevicA former official of a state-owned bank in China was sentenced to death on bribery, bigamy, and corruption charges. Beijing’s drastic and rare move showed that China does not tolerate any serious corporate misconduct in the country. The sent.....

Hyundai Motor, Apple to Tie Up for Creating Electric Mobility Solutions
January 08, 2021 10:08 PM AEDT| By Hina ChowdharyShares of South Korean multinational automotive manufacturer Hyundai Motor Co (KRX: 005380) rallied nearly 20 per cent on the Korea Exchange after the automaker announced that it is in talks with US tech giant Apple for development of electric mobi.....

Social media giants ban President Trump Accounts
January 08, 2021 08:32 PM AEDT| By Team Kalkine MediaAfter the Capitol Hill violence on Wednesday condemned by the world leaders across the countries, the social media giants have come into the action. Facebook has announced banning Trump's account for at least until the incumbent President's term ge.....

As new COVID-19 strain hits, NZ, airlines contemplate travel restrictions
January 08, 2021 07:56 PM AEDT| By Team Kalkine MediaThe exponential growth potential of the new strain of COVID-19 virus is making the public health experts worried. The new mutant is estimated to be 50% more infectious than others. It is a more serious strain and grows much faster—something t.....

Boeing to pay $2.5 Billion to Settle Charges in 737 MAX Crash probe
January 08, 2021 07:05 PM AEDT| By Kunal SawhneyUS multinational aerospace company Boeing Co (LON: BOE) during a Justice Department investigation has admitted that its employees deceived aviation administration about safety matters linked to two fatal crashes of its 737 MAX jet in 2018 and 2019......

Taranaki Mounga advises sightseers to come fully prepared for Summer expeditions
January 08, 2021 06:17 PM AEDT| By Team Kalkine MediaAs a busy a summer lies ahead of the country’s tourist spots, guests to the Taranaki Mounga are advised to be careful. Due to international travel restrictions, the authorities are expecting large numbers of Kiwis to be venturing for holidays.....

Story of Elon Musk: A Dreamer's Journey to Becoming The World's Richest
January 08, 2021 05:25 PM AEDT| By Kunal Sawhney2020 was a blockbuster year for EV maker Tesla and its boss Elon Musk despite the COVID-19 blues. Continuing his winning streak, the outspoken maverick has entered the new year 2021 with a bang, becoming the world's richest person. Elon Musk overt.....

Advertising Standards Authority UK alleged Manuka Honey for Breaching code
January 08, 2021 04:13 PM AEDT| By Kunal SawhneyAn advertisement promoting Manuka Honey as a cure for cough has been condemned as a code breach by the ASA in the United Kingdom. They are of the view that this advertisement is a false claim. The ad landed in hot waters with the Advertising Stand.....

Why Simon and Schuster won’t publish Senator Josh Hawley’s book
January 08, 2021 03:43 PM AEDT| By Edita IvancevicFamous American publisher Simon and Schuster has decided against publishing Senator Josh Hawley’s latest book, as the Senator was one of the members who sought to overturn the President-elect Joe Biden’s victory. Hawley, a Republican S.....

Boeing Enters DPA in 737 MAX Probe, Agrees to Pay $2.5Bn
January 08, 2021 02:29 PM AEDT| By Kunal SawhneyThe United States Justice Department and the world's largest aerospace company Boeing have reached an agreement concerning a 737 MAX probe. The American conglomerate has agreed to pay USD 2.5 billion to settle a criminal charge of defrauding safety...

Calls grow for removal of Trump via 25th amendment or impeachment
January 08, 2021 01:31 PM AEDT| By Team Kalkine MediaThe tumultuous pictures coming from the US Capitol have forced the authorities and lawmakers of the US to ponder upon the impeachment of President Donald Trump prior to Joe Biden taking over as the next president. Violent and raucous scenes pla...

Shopify bans Trump-affiliated stores after Capital turmoil
January 08, 2021 12:58 PM AEDT| By Edita IvancevicThe e-commerce giant Shopify has decided to remove US President Donald Trump’s stores from its platform. The Canadian company pulled out all merchandise related to the sitting president as a response to recent riots in the US capital Washing.....

The US Capitol incident generates divided opinions in New Zealand
January 08, 2021 12:47 PM AEDT| By Team Kalkine MediaThe dramatic turn of events in the US capitol building that took place yesterday (7 January 2020) were strongly condemned by people from politics and otherwise, across the world. The protest left 4 protestors and one police officer fatally injured,.....

Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 08, 2021 03:21 AM AEDT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...

US Congress Upholds Joe Biden’s 2020 Presidential Win, Trump Accepts Defeat
January 07, 2021 11:32 PM AEDT| By Hina ChowdharyThe US Congress has formally certified President-elect Joe Biden’s victory in the 2020 presidential election in the early morning hours of Thursday, January 7. In the joint session held by the House and Senate, congressional leaders confirmed.....
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Lockdown 4 in New Zealand looms large after increased number of COVID-19 variant cases
January 07, 2021 08:39 PM AEDT| By Team Kalkine MediaNew Zealand’s Health Ministry is keeping a close watch on the COVID-19 numbers as the new variant is a highly transmissible strain of the virus. The new mutant of the COVID-19 virus is estimated to be 50% more infectious than others. It is a.....

US Capitol Riots: Facebook and Twitter block Trump’s Accounts
January 07, 2021 08:24 PM AEDT| By Team Kalkine MediaIt was a Black Wednesday for the United States. The US Capitol was under siege when an armed and angry mob stormed one of the most iconic buildings and attacked the police when the Congress was about to validate Joe Biden’s presidential win. .....

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