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World news
How did Tesla achieve an 11% rebound after its worst day on record?
September 10, 2020 03:24 PM AEST| By Edita IvancevicSummary Tesla’s share price experienced an 11% rebound on Wednesday after a 21% fall on Tuesday, between a wider bounce back in the technology sector, reflected through Nasdaq Composite index ending the trading session, with a rise of 2.71.....
Why has AstraZeneca paused its Phase III COVID-19 vaccine study?
September 09, 2020 07:23 PM AEST| By Edita IvancevicWhat was believed to be the most-promising coronavirus vaccine study from AstraZeneca and the University of Oxford has been paused indefinitely, due to the alleged unexplained illness that one of the participants had developed. Phase III vaccine t.....
President Trump goes vocal on the US-China decoupling
September 09, 2020 03:33 PM AEST| By Team Kalkine MediaSummary The United States President Donald Trump raised an idea of decoupling the US and Chinese economies. China officials hit back saying the US is a bully and it needs to be opposed. Experts believe that the decoupling is imprac.....
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COVID-19 Vaccine Development: Lens on Three Late-stage Candidates
September 08, 2020 07:52 PM AEST| By Team Kalkine MediaSummary With the COVID-19 pandemic showing no signs of slowing down, the degree of hospitalisation required in COVID-19 disease yelps for both treatment and vaccine to treat patients and help control the spread of the virus. According to the Wo.....
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US unemployment rate improves, but the Market ended in Red
September 07, 2020 05:45 PM AEST| By Team Kalkine MediaSummary The US stocks ended lower before recovering on 4 September due to a sell-off of technology stocks that overshadowed the improved unemployment rate data. The US unemployment rate improved after falling to 8.4% in August compared to 10.2%.....
Pfizer to Roll Out COVID-19 Vaccine Just Before the US Election
September 07, 2020 03:02 PM AEST| By Team Kalkine MediaSummary The US Centers for Disease Control and Prevention has issued notices to the states, urging them to be ready for a potential COVID-19 vaccine as early as November. Reportedly, Pfizer is all set to roll out its COVID vaccine before the pr.....
What to Expect in Reimagined Office Space Post-COVID
September 06, 2020 11:00 AM AEST| By Team Kalkine MediaOne of the most radical changes brought forth by COVID-19 has been the way office spaces function. When the virus hit a pandemic level in March, leading governments across the globe to enforce shutdowns, offices were forced to switch to a r.....
Walk Through Three Legendary US Businesses- Coca-Cola, Dow Inc, IBM
September 06, 2020 02:43 AM AEST| By Team Kalkine MediaIn a dismal year of businesses, a handful of US companies have truly outshone, rising to the challenge imposed by the coronavirus pandemic. Contemporary American businesses have demonstrated exceptional ways to address humanitarian and business nee.....
Another retailer bites the dust, Lord & Taylor files for Bankruptcy. Is there a way back for retail stores?
September 05, 2020 01:22 PM AEST| By Team Kalkine MediaSummary Lord & Taylor, the oldest US retail store chain has filed for bankruptcy. The brick-and-mortar retailers are facing the brunt of the crisis, along with other industries like travel & tourism and hospitality. J Crew, J.C. Penney.....
Swedish model during the coronavirus pandemic
September 05, 2020 12:10 AM AEST| By Edita IvancevicThe pandemic in Europe took a much bigger toll than in Australia. Most countries in the European Union (including the UK) had taken precautions and put countries in quarantine before it was too late. Also Read: When Will A Covid-19 Vaccine Be Avai.....
Everything you need to know about the newly proposed Media Legislation in Australia
September 05, 2020 12:05 AM AEST| By Edita IvancevicAustralian Competition and Consumer Commission (ACCC) had been urged to create a new set of rules that would regulate the news distribution on digital platforms, particularly Google and Facebook. Earlier on 20 April, the government had notified th.....
How is the US Election Race Faring? Does it impact your portfolio?
September 05, 2020 12:00 AM AEST| By Team Kalkine MediaThe US Presidential election is just two months away from now and all eyes are set on its outcome, which will have an impact all around the world. Just as the race between the Democratic nominee, Joe Biden and Republican nominee, President Donald T.....
Why NASDAQ Composite index plunged 5%?
September 04, 2020 03:19 PM AEST| By Edita IvancevicSummary On 3 September 2020, the Nasdaq Composite lost 5% of the profit, with the S&P 500 and the Dow indices following the similar poor situation. With this backlash, The Wall Street share market has faced the worst drop in shares since Ju.....
Zoom reports Extraordinary growth as the world goes Video calling, Is more steam left?
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Zoom reported Q2 total revenue of US$663.5 million, up 355 per cent YoY. Number of customers contributing more than US$100k in TTM revenue marked 112 per cent YoY uptick. The communication giant expects 281 to 284 per cent YoY increase.....
Fed’s new strategy for inflation and labour market
September 03, 2020 04:04 AM AEST| By Team Kalkine MediaSummary The Federal Reserve declared a change in its policy decision-making approach to achieve maximum employment and stability in prices. The new strategy aims to allow for higher inflation and additional job growth over time. Fed has taken .....
Did you miss anything on Apple share price and stock split?
September 02, 2020 02:04 PM AEST| By Team Kalkine MediaSummary The much-awaited 4-for-1 stock split of the Apple stock to make it “more accessible to a broader base of investors” had whet investors’ appetite on 31 August 2020, the day when Apple’s shares trading commenced on .....
Warren Buffet Taps Five Sogo Shosha of Japan
September 01, 2020 12:08 PM AEST| By Team Kalkine MediaSummary Berkshire Hathaway has disclosed over 5% stake in each of five leading trading companies of Japan, which include Mitsubishi, Mitsui, Marubeni, Sumitomo and Itochu. Warren Buffet intends to maintain a stake of less than 9.9% while furthe.....
Are Cyber Attacks on NZX likely to get worse? GCSB warns NZ companies
August 31, 2020 09:24 PM AEST| By Team Kalkine MediaThe New Zealand Exchange (NZX) has been the target of cyberattacks for five consecutive days, as on 31 August 2020. The DDoS (Distributed Denial of Service), one of the common cyberattacks, disturbed the trading session on Tuesday, Wednesday, Thurs.....
Excessive use of hand sanitisers can be bad for health
August 29, 2020 04:15 AM AEST| By Team Kalkine MediaWe have heard a lot of times that excess of anything is bad and the same holds true for hand sanitisers. Hand sanitiser pumps, stations and wipes are present everywhere from grocery stores, shopping malls to churches, for curbing the spread of coro.....
It happens again, NZX being bullied by Cyber-attackers- Down for the fourth day
August 28, 2020 09:04 PM AEST| By Team Kalkine MediaOn Friday, August 28, the New Zealand’s Exchange (NZX) again became a target of a sophisticated cyber-attack. The exchange was knocked offline by an offshore DDoS attack. Initially, the session resumed but later halted because of the attacks......
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