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World news
How Taulia’s Deal with JP Morgan Chase Is Bad News for Greensill
March 10, 2021 08:22 PM AEDT| By Suhita PoddarSource: kan_chana, Shutterstock One of Greensill Capital’s technology partner Taulia receives liquidity facility from JP Morgan. Of the US $6 billion liquidity window, US $3.8 billion has been provided by the bank. JP Morgan’s liquid...
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Kiwis’ Spending on Electronic Card Declines, concerns raised
March 10, 2021 08:03 PM AEDT| By Team Kalkine MediaSource: Stokkete, Shutterstock Summary Electronic retail spending witnesses sharp decline in February. Retails companies fear not being able to stay afloat for another year in the current conditions. COVID-19 restrictions, and lockdowns cited...
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Italy to become the first EU nation to manufacture Russia’s Sputnik V vaccine
March 10, 2021 04:53 PM AEDT| By Team Kalkine MediaSource: LookerStudio, Shutterstock Summary Italy is all set to become the first EU country to manufacture Russia’s COVID-19 vaccine, Sputnik V. Some European nations have authorized the use of Sputnik V even before the EMA approval. Des...
Peloton Interactive Set to Spread Wings to Australia in H2, Shares Fly
March 10, 2021 04:27 PM AEDT| By Team Kalkine MediaAustralia will mark the entry of the company into the Asia-Pacific region. American company Peloton Interactive, Inc. (NASDAQ:PTON) is all set to enter Australia. The leading interactive fitness platform maintains a strong global presence ....
Walt Disney's hopes up as Disneyland set to reopen after months of closure
March 10, 2021 12:46 PM AEDT| By Team Kalkine MediaSource: Marko Aliaksandr,Shutterstock Summary Walt Disney observed an uptick of more than 6% in its share price after health officials gave a green signal to reopen theme parks in California. The parks are required to open with limited ca...
8 Bargain Cyclical Stocks To Keep An Eye On In 2021
March 10, 2021 12:45 PM AEDT| By Mark O'DonnellSource: Vintage Tone,Shutterstock Summary Cyclical stocks are picking up steam as investor optimism grows for global economies. US Airliners have had strong price movements this week and are quickly losing their bargain status. US Tanker stoc...
US Markets Today: Top Five Developments
March 10, 2021 09:04 AM AEDT| By Team Kalkine MediaSource:isak55 ,Shutterstock From OECD’s improved US growth forecast, Zoom Video CEO’s ownership transfers to Beyond Meat’s latest collaborations with Walmart Inc., the US markets saw a variety of developments on Tuesday, which kept...
US Indices Edge Higher As Tech Stocks Rally, Bond Yield Drops
March 10, 2021 08:51 AM AEDT| By Team Kalkine MediaSource: Anikin Denis,Shutterstock Summary S&P 500 rose 1.42%, Dow Jones was up 0.10%, and NASDAQ gained 3.69%. The 10-year Treasury bond yields declined 3.59% to 1.537 on Tuesday. Zoom Video’s Eric Yuan transfers US$6 billion w...
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Australia warns against protectionism on Italy's vaccine export block
March 09, 2021 04:55 PM AEDT| By Team Kalkine MediaSource: Seasontime, Shutterstock Summary Australian government triggers a warning against vaccine protectionism on the vaccine export block from Italy. The country has asked the European Commission to review Italy’s decision. The govern...
Samsung Collaborates With Spark New Zealand To Roll Out 5G In Christchurch
March 09, 2021 02:14 PM AEDT| By Team Kalkine MediaSource: Mahony ,Shutterstock In a major announcement, Samsung Electronics NZ in association with Spark New Zealand has launched its first 5G service in Christchurch, making the South Island city, 6th in place, to get the latest mobile technolog...
Amazon-backed Deliveroo set for London IPO with Dual-Class Structure
March 09, 2021 01:51 PM AEDT| By Team Kalkine MediaSource: zaozaa19,Shutterstock Summary Deliveroo, a British food delivery firm, is set to launch its IPO, expected to be London's biggest listing in several years. The plan follows strong business traction during 2020. The com...
Legacy Automakers Transitioning to EV by 2030
March 09, 2021 12:53 PM AEDT| By Mark O'DonnellSource: Virrage Images,Shutterstock Summary Legacy Automakers are ramping up EV production, with many signalling a complete transition to EV within the decade. Electrified versions of popular makes and models are being pushed out over the...
US Stocks End Mixed Amid Recovery Hopes, Bond Selloff
March 09, 2021 08:43 AM AEDT| By Team Kalkine Mediaden’s US$1.9 trillion relief bill set for a final Senate vote on Tuesday. US stocks ended mixed on Monday ahead of a crucial Senate vote on President Joe Biden’s US$1.9 trillion stimulus package this week, even as investors continued...
Why Is Goldman Sachs Group Inc Planning to Resume Its Cryptocurrency Desk?
March 09, 2021 12:56 AM AEDT| By AbhijeetSource: Chinnapong, Shutterstock Summary A study by Goldman Sachs has found renewed interest in the group’s digital assets. Media reports had said that the group would now be dealing in bitcoin futures, non-deliverable forwards. Ami...
Rocket Lab Refuels To Compete With SpaceX
March 08, 2021 06:06 PM AEDT| By Mark O'DonnellSource: Oleg_Yakovlev, Shutterstock Summary Rocket Lab is set to list on the Nasdaq in the second quarter of 2021. Rocket Lab will use the listing to gain funds to build bigger rockets. The US-NZ Company is targeting SpaceX’s marketspac...
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Paul Abbot Hired As The New CEO Of Destination Queensland
March 08, 2021 05:40 PM AEDT| By Team Kalkine Medialistening and learning in order to gauge the issues being faced by the shareholders. As per the latest media reports, Mr. Paul Abbot has been appointed as the new Chief Executive for Destination Queensland. Mr. Abbot previously worked as the Ch....
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NZ Government Obtains Life Savers, 8.5 Million COVID-19 Shots for Its Citizens
March 08, 2021 05:01 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock On 8 March 2021, New Zealand Prime Minister, Jacinda Ardern asserted 2021 as the ‘Year of the Vaccine’ and assured that the government is leaving no stone unturned to beat this ghastly pandemic. ...
Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data
March 08, 2021 03:25 PM AEDT| By Team Kalkine MediaSource:zstock,Shutterstock American pharmaceutical behemoth Merck (NYSE:MRK) and Ridgeback Biotherapeutics LP disclosed preliminary findings from Phase 2a double-blind, placebo-controlled, randomised trial for evaluating the safety, tolerability, an...
Wonder Women: Australian female CEOs who made a difference
March 08, 2021 03:16 PM AEDT| By Team Kalkine MediaSource: © Arrow | Megapixl.com Gone are the days when only men used to lead businesses accounting for almost all the senior executive posts. The current era is the one where females are giving healthy competition to their male counterparts acro...
Social Media Buzz: What Is VanEck Vectors ETF?
March 08, 2021 02:52 PM AEDT| By Mark O'DonnellSource: Peshkova ,Shutterstock A new ETF was launched last Thursday in the US. The ETF is designed to track the stocks receiving considerable social media mentions and attention. VanEck Vectors Social Sentiment ETF (BUZZ:NYSE Arca) is comprised...
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