World news

SoftBank sheds assets, is it getting ready to go private?
September 14, 2020 08:44 PM AEST| By Team Kalkine MediaSoftBank Group Corp. (TYO:9984) share price surged 8.96% to settle the day at $6,385 on 14 September after the Company announced that it entered into an agreement to sell British chip designer Arm Holdings to Nvidia Corporation, ending SoftBank&rsq.....

China’s Exports Show Striking Growth Momentum While Imports Topple Amid Escalated Tensions
September 14, 2020 02:34 PM AEST| By Team Kalkine MediaChina’s hegemonic appetite serving as a major factor seems to have exacerbated the bitterness of its relationship with several nations. Despite its growing tensions with several economies, China’s trade scenario seems to ride out the st.....

Wall Street Blue-Chip Citigroup Appoints New CEO Jane Fraser; A Water Break Moment for Women Leadership?
September 13, 2020 12:15 AM AEST| By Team Kalkine MediaIn its 2030 sustainable development plan, the United Nations has outlined 17 Sustainable Development Goals (SDG) that need urgent action by all for peace and prosperity for people and the planet. One of its goals is gender equality. It means that t.....

Uber luxurious Edgewater trophy home grabbed for $95 million
September 13, 2020 12:10 AM AEST| By Team Kalkine MediaOne of the most expensive residential properties known as Edgewater is believed to be bought by the gold mining businessman "John" Changjin Li. The new buyer is believed to have purchased the waterfront trophy property for about $95 million.....

Are “Work From Home” policies biased towards parents?
September 13, 2020 12:00 AM AEST| By Team Kalkine MediaThe COVID-19 pandemic has redefined the workspace with their humble abode becoming the work zone for the majority of people, post COVID-19 infection infiltrated the society. The concept of “Work from Home” (WFH), which was limited to t.....

US elections become a target for hackers
September 11, 2020 06:36 PM AEST| By Edita IvancevicHacker activity connected to Russia, China and Iran was exposed yesterday by Microsoft, stating that they detected cybercrimes targeting upcoming US presidential elections. People and organizations that were a part of both Trump and Biden presiden.....

Before COVID Rattled Stock Markets, There Was 9/11
September 11, 2020 02:53 PM AEST| By Team Kalkine Mediafinancial resilience, while markets in European countries took longer to bounce back. Apart from the staggering levels of loss of lives and infrastructure, the 11 September 2001 terror attacks had a huge impac....
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Water Bottle Maker, Zhong Shanshan Is The New Chinese Billionaire
September 11, 2020 02:09 PM AEST| By Team Kalkine MediaTechnology is an ever-evolving space. With improving and ever-changing features, every time something or other new thing keeps coming. Consequently, we have multiple stories of founders creating fortunes through such businesses. For instance, Zoom.....

LVMH’s Acquisition of Tiffany Gets French Government’s Veto
September 10, 2020 11:22 PM AEST| By Team Kalkine MediaThe luxury jewellery and speciality retailer from the United States (US), Tiffany & Co. got a rude shock and took legal actions against LVMH, a French multinational company that specialises in luxury goods. The lawsuit followed the crucial deve.....

General Motors goes aggressive on EV bet, takes 11% stake in Nikola
September 10, 2020 03:51 PM AEST| By Team Kalkine MediaSummary General Motors (GM) announces partnering with tech startup Nikola to produce electric-pickup vehicle model. Both companies’ share price rose substantially after the surprise announcement. GM is taking another critical step toward.....

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.....
AI on the Rise: A Look at Top AI Companies and Their Stocks