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World news
Auditor General Advises NZ Government To Ramp Up COVID-19 Vaccination Programme
May 19, 2021 12:50 PM AEST| By Team Kalkine MediaSummary New Zealand needs to increase its momentum of the vaccine roll-out, says Auditor General. The Government must thoroughly work on contingencies in case of any delay in the arrival of vaccines, community outbreaks, etc. Majority of the G.....
Yellen bats for increased taxes for businesses
May 19, 2021 11:34 AM AEST| By Furquan MoharkanSummary US Treasury Secretary Janet Yellen is all for increased taxes for businesses to aid stimulus package. Yellen also called for stronger labour unions. She said that the American Families Plan would be funded by increasing taxes on rich p.....
On a sticky wicket: Can Cricket bounce back to blockbuster form after COVID-19?
May 18, 2021 08:27 PM AEST| By Team Kalkine MediaSummary Governments in cricket-playing nations worldwide have relaxed restrictions, somewhat allowing smaller crowds into stadiums worldwide. But the hit to the bottom line for every national cricket association is crushingly undeniable. The Ch.....
Elon Musk Superseded as the World’s Second Richest Person
May 18, 2021 06:30 PM AEST| By Team Kalkine MediaOn Monday, Tesla (NASDAQ:TSLA) CEO Elon Musk lost his position as the second richest person in the world as LVMH Chairman, Bernard Arnault, took the spot. Elon Musk drops to 3rd in the list of the wealthiest people in the world (Source: © J.....
Villa Maria’s parent firm FFWL put into receivership
May 18, 2021 05:42 PM AEST| By SonalThe owner of NZ wine business Villa Maria has been put into receivership and share sale in the business will occur. Brendon Gibson and Neale Jackson of Calibre Partners (previously known as KordaMentha) have been selected as receivers of FFWL, ...
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.....
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