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World news
EverCommerce and Timely’s Tie-up Can Help Them Expand Client Base
May 18, 2021 05:02 PM AEST| By RomaSummary Wellness and health company to collaborate with beauty-based Company. The collaboration aims at creating better business for both the companies while serving the clients. The companies bounced back after COVID-ridden damage witnessed l.....
APAC markets trading in green; Taiwan bounces back
May 18, 2021 04:44 PM AEST| By Furquan MoharkanThe equity markets in the Asia-Pacific (APAC) region were mostly trading in green on Tuesday as Taiwan led the pack with a sharp rebound. The Taiwan Weighted Index surged 4.90% on Tuesday, after a nearly 3% drop on Monday amid rising concerns over.....
COVID-19: WHO warns against ‘pandemic is over’ mindset, flags vaccine shortage
May 18, 2021 01:49 PM AEST| By Furquan MoharkanThe World Health Organisation (WHO) has warned that the COVID-19 pandemic is far from over despite decline in the global numbers in the past two weeks. “There’s a huge disconnect growing where in some countries with the highest vaccina.....
Two-Way Travel Bubble Between Cook Islands, New Zealand Commences Today
May 18, 2021 01:27 PM AEST| By Team Kalkine MediaSummary Quarantine-free two-way travel arrangement kick-starts from today as Air NZ's flight took off from New Zealand to the Cook Islands. The traveller should be in New Zealand for last 14 days before travelling to the Cook Islands. A pre-de.....
Michael Burry of ‘The Big Short’ fame has bet US$534 million against Tesla
May 18, 2021 11:07 AM AEST| By Furquan MoharkanMicheal Burry, the investor famous for foreseeing the subprime mortgage crisis and profiting from it, has a short position worth US$534 million against the electric vehicle maker Tesla Inc (NASDAQ:TSLA), a regulatory filing has revealed. According.....
Aussie PM To Visit NZ On May 30 After Trans-Tasman Bubble Opened Last Month
May 18, 2021 10:18 AM AEST| By Team Kalkine MediaSummary New Zealand will welcome Australia’s PM and his wife; their maiden visit since the opening of the trans-national borders of the two neighbours. Leaders of both the countries will attend the AU-NZ leaders' meeting to be held in Que.....
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AT&T-Discovery merger announced: 10 highlights of the deal
May 18, 2021 01:05 AM AEST| By AbhijeetSummary AT&T on Monday announced the anticipated amalgamation of WarnerMedia with Discovery Reacting to the development, AT&T shares rose as much as 5.09 per cent to 52-week high While Discovery shares fell into negative territory afte.....
WhatsApp’s New Privacy Policy Goes Live: Here’s What You Can Lose Out If You Don’t Accept the Rules
May 17, 2021 05:34 PM AEST| By Suhita PoddarSummary WhatsApp’s new privacy policy is set to go live on 15 May, it would now start forcing users to accept the new Terms of Service. The company had earlier said that it would be deleting users if they did not accept the new terms. .....
China’s retail sales numbers paint a dismal picture
May 17, 2021 04:34 PM AEST| By Furquan MoharkanThe world’s second largest economy, China, seems to be grappling with a sluggish economic recovery as consumer spending grew far lesser than expected. According to the data released by the National Bureau of Statistics, the retail sales in t.....
APAC markets open mixed as investors await Chinese datasets
May 17, 2021 12:54 PM AEST| By Furquan MoharkanSummary Monday morning was a mixed bag for APAC markets. Taiwan weighted index is down 1.63% -- the worst performer. Dow Jones New Zealand is up 1% -- the best performer. The Asia Pacific share markets opened on a mixed note on Monday, as.....
New Zealand’s Annual Net Migration Hits A New Low
May 17, 2021 12:16 PM AEST| By SonalCOVID-19-induced border and travel restrictions have culminated in yearly migrant arrivals and departures hitting new lows. As per the latest data released by Stats NZ, the year ended March 2021 witnessed the biggest reduction in net migration...
Is COVID-19 wave on the ebb? Signs of relief as cases decline
May 17, 2021 11:51 AM AEST| By Furquan MoharkanThe COVID-19 pandemic is seen easing out across the globe, as fresh infections in India have been dwindling for four days on the trot now. On Sunday, the world reported 529,851 fresh cases of the highly contagious virus – its lowest level in.....
Has Tesla dumped Bitcoin holdings? Elon Musk drops a hint
May 17, 2021 10:39 AM AEST| By Furquan MoharkanBillionaire Elon Musk on Sunday night hinted that Tesla Inc (NASDAQ:TSLA) might have dumped its holdings in the world’s largest cryptocurrency – Bitcoin. This triggered a 12% crash in Bitcoin prices from the 24-hour high. Musk’s .....
Israel-Palestine Conflict: Biden Calls For De-Escalation
May 16, 2021 05:41 PM AEST| By Kiran MuraliAmid the rising conflict between Israel and Palestine, the US President, Joe Biden, spoke to Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas on May 15. President Biden supported Israel’s right to defend itself...
Cyberattack hits Colonial Pipeline, chokes US East Coast fuel supply
May 15, 2021 03:35 AM AEST| By Nitish KumarLast week, the world witnessed a major cyberattack on a US fuel pipeline that stymied the supply of gasoline and diesel on the east coast of the mighty United States. Colonial Pipeline, the largest pipeline system for refined oil products in the U.....
Amazon to Create 10,000 Jobs in the UK To Boost Employment
May 15, 2021 01:05 AM AEST| By Suhita PoddarSummary Amazon to hire 10,000 people across the regions of Dartford, Doncaster, Gateshead, Hinckley and Swindon. It plans to invest £10 million towards skills training in the UK over the next three years. The firm is also hiring another .....
Jacinda Ardern Takes TheTop Spot on Fortune List of World Leaders
May 14, 2021 04:24 PM AEST| By RomaSummary Jacinda Ardern declared the world’s top leader on Fortune List. She beat the likes of Dolly Parton and Melinda Gates This award is due to proactive work in the pandemic. In a recent update, it’s been announced th.....
APAC markets open mostly in green on Wall Street cues
May 14, 2021 03:36 PM AEST| By Furquan MoharkanThe Asia Pacific (APAC) markets opened mostly in green on Friday, following the Wall Street rally overnight. The Japanese shares were the biggest gainers in the region, with Nikkei225 up 2.3%, having wiped most of the losses it made in the Thursda.....
Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?
May 14, 2021 03:25 PM AEST| By Team Kalkine MediaSummary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim.....
US tax sleuths, justice dept set to probe Binance: Reports
May 14, 2021 02:43 PM AEST| By Furquan MoharkanOne of world's largest cryptocurrency exchanges, Binance is facing investigation from the US Internal Revenue Service and the Justice Department, reports said. The probing officials have asked for detailed information from individuals with insight.....
AI on the Rise: A Look at Top AI Companies and Their Stocks