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World news
Death Of Five Delivery Riders: What’s Ailing the Australian Food Industry?
November 25, 2020 04:57 PM AEDT| By Edita IvancevicAustralian news portals had been writing about the four deaths in the food delivery industry in the past couple of months which was alarming enough. Yet, that was not all as a fifth fatal bike crash was confirmed just two days ago in Sydney’s.....
JPMorgan red-flagged again, coughs up US$250 million as penalty
November 25, 2020 03:26 PM AEDT| By Team Kalkine MediaMultinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regulators found a "pattern of misconduct" for risk management and other control failings in its wealth .....
Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the second richest man
November 25, 2020 02:06 PM AEDT| By Team Kalkine MediaOn 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle car company's market value crossed the USD 500 billion-mark, Musk's net worth increased by nearly .....
Game over for Trump? Emily Murphy finally gives the green light to Biden’s transition
November 24, 2020 11:07 PM AEDT| By Edita IvancevicIt has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely, as a new American president means a big deal for everyone, on various fronts – stock markets.....
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What does the new COVID-19 evidence tell us about the future?
November 24, 2020 09:03 PM AEDT| By Edita IvancevicWinter is coming to the northern hemisphere. Usually, individuals get quite excited around the holidays. However, this year Christmas and New Year might not bring the same amount of joy as they used to. Even after the coronavirus’s first bir.....
What Can Be Expected from Nielsen Holdings’ (NYSE: NLSN) Virtual 2020 Investor Day?
November 24, 2020 07:05 PM AEDT| By Kunal SawhneyThe global data analytics firm Nielsen Holdings plc (NYSE: NLSN) said it is going to host a virtual 2020 Investor Day on 9 December 2020 to share the company’s current transformation, growth strategy and prospects. The event, which will be hel...
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EVs on a shoestring: Australia’s five most affordable electric cars
November 24, 2020 06:28 PM AEDT| By Edita IvancevicElectric cars are gaining popularity with each passing year, especially now as more people intend to go green due to climate change. When manufacturers first started producing electric vehicles, their prices were almost sky high. The best example .....
DHL introduces first air freight flights from Melbourne to Auckland
November 24, 2020 03:28 PM AEDT| By Team Kalkine MediaDHL Express unveiled its first nonstop air freight flight from Melbourne city to Auckland. The move has been taken to accommodate the boom in e-commerce market propelled by COVID-19 and constant increase in Victorian exports to the Tasman. The air.....
Consumer NZ finds Airbnb and Bachcare cancellation policies unfair
November 24, 2020 02:23 PM AEDT| By Team Kalkine MediaThe consumer advocacy group, Consumer New Zealand, lodged a complaint with the Commerce Commission against the accommodation booking sites Airbnb and Bachcare over how they charge people who cancel bookings. The Consumer NZ finds it a breach of the...
China’s Market Regulator Increases Probe After Sudden Default from State-Backed Coal Miner
November 24, 2020 01:46 PM AEDT| By Team Kalkine MediaFollowing payment default from a state-backed coal miner, China’s market regulator, Financial Stability and Development Committee (FSDC) has intensified its investigation into bond sales. The default dragged in several banks, accounting firms.....
WorldRemit hires Paul Vogel of Spotify to its Board
November 24, 2020 08:03 AM AEDT| By Team Kalkine MediaDigital remittance industry has been growing and is expected to grow even more in years ahead. The rising smartphone and internet usage, increasing digital-savvy customers going for digital remittances and an increase in payment automation and digi.....
Now AstraZeneca-Oxford University COVID-19 Vaccine Shows High Efficacy
November 23, 2020 08:46 PM AEDT| By Kunal SawhneyNovember is proving to be a super month for global stock markets. The COVID-19 vaccine being developed by the Oxford University and British-Swedish biopharmaceutical firm AstraZeneca (NASDAQ:AZN, AZNCF:US) could be about 90 per cent effecti.....
Asia ratchets up fight against COVID-19 as virus cases resurge
November 23, 2020 06:50 PM AEDT| By Team Kalkine MediaThe Covid-19 pandemic originated in Asia in Wuhan, China and spread across the world. The first cases of Covid-19 were reported to the WHO on 31 December 2019. These cases reported in Wuhan were the first Covid-19 cases to be reported globally and .....
The US Plans First Vaccinations to Start Before Mid-December, Pfizer-BioNTech Application Under Review
November 23, 2020 05:12 PM AEDT| By Team Kalkine MediaAfter the deadly COVID-19 pandemic hit the world, all eyes moved to how soon will there be a vaccine for the fatal virus, SARS-CoV-2. Speculations started building regarding the same, and we are already beyond the initial deadline set for September.....
Trump attempts to reverse the US election result
November 23, 2020 12:11 PM AEDT| By Team Kalkine MediaUS Presidential election has been the most controversial election of 2020. The unrest caused by the US elections is still relentless with the defeated President Donald Trump’s continuous attempts to overturn the 3 November outcome. Donald Tr.....
China’s recovery pace rises after reports of positive data for October
November 22, 2020 12:31 AM AEDT| By Team Kalkine MediaWhen much of the world is struggling to prevent the shaky rebound from being derailed by new coronavirus outbreaks, China's economy seems to be on its way towards growth. China, the world's second-biggest economy is gradually recovering from the i.....
FCA-PSA Merger: Investors to Meet in January To Approve Transaction
November 21, 2020 11:31 PM AEDT| By Kunal SawhneyThe merger process of London-headquartered world’s eighth-largest automaker Fiat Chrysler Automobiles (FCA) and France-based automaker Peugeot SA (PSA) has moved a step forward. Both FCA and PSA have scheduled shareholders' meetings in Januar.....
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Apple reduces its 30% App Store commission for developers
November 20, 2020 02:20 PM AEDT| By Team Kalkine MediaApple Inc. has slashed its App store commission fees from 50% to 15% implying that small app developers will now pay in half to Apple. The minimum eligibility requirement for the small developers to get the benefit are those who make less than US$1.....
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Vocus Group Planning to Execute IPO of Vocus New Zealand
November 19, 2020 02:07 PM AEDT| By Team Kalkine MediaASX listed vertically integrated telecommunication services provider Vocus Group Limited (ASX:VOC) is planning to go for an IPO of Vocus New Zealand. For this purpose, the Company has appointed financial advisers to execute an Initial Public .....
Pfizer-BioNTech Vaccine 95% Effective In Preventing COVID-19, Ready For Regulators
November 19, 2020 01:14 AM AEDT| By Team Kalkine MediaPharma giant Pfizer Inc. (NYSE: PFE, PFE:US) Wednesday claimed that its vaccine candidate is 95 per cent effective in preventing COVID-19. The company plans to apply for approval from the US Food and Drug Administration (FDA) for Emergency .....
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