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Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 26, 2021 04:57 PM AEDT| By DaminiSource: canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...
Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific
March 26, 2021 12:02 PM AEDT| By Team Kalkine MediaSource: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans....
US Stocks End Higher Amid Jobs Data, Mixed Global Cues
March 26, 2021 09:27 AM AEDT| By Team Kalkine MediaSource:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...
Are Upcoming EV fleets An Answer To Rising Carbon Emissions?
March 25, 2021 07:23 PM AEDT| By Team Kalkine MediaSource: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...
Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning
March 25, 2021 04:50 PM AEDT| By Team Kalkine MediaSource:rafapress, Shutterstock Summary Health Canada confirmed AstraZeneca’s COVID-19 vaccine safety and stated that it had not obtained any reports citing thrombosis so far. The health department to add a warning indication to the vacci...
Did Sustainable Growth Get A Boost As An Aftermath Of COVID-19?
March 25, 2021 02:26 PM AEDT| By Romathe past year. The shift in the way customers think could be a game-changer The restrictions related to COVID-19 as unwelcome as they were, had some boons attached to them. Global warming and pollution reduced manifold and this led to a series....
NZ’s Westland All Set To Capture The Global Butter Market By Pumping In $40m
March 25, 2021 01:49 PM AEDT| By Team Kalkine MediaSource: TRMK, Shutterstock Kiwi Company, Westland Milk Products has set its eyes on the global butter market by investing $40 million to increase its production capacity. Source: © Squareplum | Megapixl.com Based in Hokitika, Westland...
US Stocks End Lower Despite Fightback
March 25, 2021 08:35 AM AEDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary S&P 500 ticked down 0.55%, Dow Jones fell 0.01%, and NASDAQ plunged 2.01%. Chinese ride-hailing firm Didi Chuxing aims for a US$100-billion valuation in IPO debut. Intel Corp. to spend US$20...
Quantum Brilliance to install the world’s first diamond-based quantum accelerator
March 24, 2021 03:41 PM AEDT| By Team Kalkine MediaSource: Andrey VP, Shutterstock Summary Australian startup Quantum Brilliance has developed the first diamond-based quantum accelerator that can work at room temperature. The quantum accelerator, when combined with supercomputers, would t...
Hyundai And Singtel Sign an MoU On Smart Mobility
March 24, 2021 01:56 PM AEDT| By Team Kalkine MediaSource: Mameraman,Shutterstock Summary Hyundai and Singtel Group have signed an MoU to collaborate on 5G-enabled smart manufacturing & connectivity for electric vehicle battery subscription service. The collaboration would merge Hyund...
US Stocks Slip After Fed Chairman’s Comments
March 24, 2021 08:41 AM AEDT| By Team Kalkine MediaSource:ramcreations, Shutterstock Summary S&P 500 ticked down 0.76%, Dow Jones shed 0.94%, NASDAQ plunged 1.12%. Amazon to sell stake worth US$148 million in food delivery start-up Deliveroo. SoftBank-backed US real estate firm Compass ai...
Apple Inc. hit with a US$308.5 Mn fine for DRM patent infringement
March 23, 2021 01:03 PM AEDT| By Team Kalkine MediaSource: nui7711, Shutterstock Summary Global tech giant Apple Inc. to pay Personalized Media Communications for the infringement of a patent related to DRM (digital rights management). The jurors asked Apple to pay a running royalty depen...
KiwiSaver Simplicity to make investment in social housing
March 23, 2021 12:46 PM AEDT| By SonalSource: Olsa_iv Shutterstock Summary Simplicity has committed NZ$20 million to Aotearoa Pledge, created by Community Finance. Aotearoa Pledge seeks to raise NZ$100 million to build affordable and social housing solutions. Investments hav...
US Markets Edge Higher After Tech, Cyclical Stocks Rally
March 23, 2021 08:43 AM AEDT| By Team Kalkine MediaSource:violetkaipa, Shutterstock Summary S&P 500 gained 0.70%, Dow Jones rose 0.32% and NASDAQ surged 1.23%. Canadian Pacific seals deal to acquire US cargo rail company Kansas City for US$25 billion. The 10-year Treasury bond yields drop...
Auto industry back on track? Detroit 3 posts robust Q4 results
March 22, 2021 07:07 PM AEDT| By Team Kalkine MediaSource:Jenson, Shutterstock Summary The Detroit 3 automakers - Ford Motor, General Motors, and Fiat Chrysler Automobiles - posted robust earnings in their fourth quarter ended 31 December 2020. Ford’s adjusted EPS during the three months...
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Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan?
March 22, 2021 07:01 PM AEDT| By ManikaSource: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week that America is officially trapped below zero After making all the efforts to keep the businesses a...
Railsbank forays into the Australian market with Volt Bank partnership
March 22, 2021 02:22 PM AEDT| By Team Kalkine MediaSource: Dilok Klaisataporn, Shutterstock Summary Banking as a service platform, Railsbank has partnered with Australian Volt Bank to target the country’s embedded finance market. Railsbank would leverage Volt Bank’s BaaS platf...
4 Drone Stocks From Across The World To Watch In 2021
March 22, 2021 01:55 PM AEDT| By Mark O'Donnellwing article details four drone companies working across the breadth of the industry. Drone technology has advanced to the point that serious consideration is being given to its commercial and industrial application. The drone industry is expect...
New Zealand government’s aid to be extended for COVID-19-hit aviation sector
March 22, 2021 01:27 PM AEDT| By SonalSource:Svitlana Hulko, Shutterstock Summary Government has put down an additional NZ$170 million for the aviation sector. The extended support is to maintain international passenger service and keep NZ connected with trade partners. The aviat...
Is Nokia Due For A Comeback In 2021?
March 22, 2021 01:23 PM AEDT| By Mark O'DonnellSource: Arnold O. A. Pinto, Shutterstock Summary Nokia was once a leading technology company that has largely fallen from favour. However, the Finnish technology Company generated €6.568 billion in Q4 2020. Nokia is vying to be a ma...
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