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World news
Ørsted A/S to Divest 50 Per Cent Stake in Its Taiwanese Offshore Wind Farm
December 29, 2020 11:24 PM AEDT| By Kunal SawhneyDenmark-based power company Ørsted A/S has decided to sell a 50 per cent stake in its 605MW Greater Changhua 1 offshore wind farm in Taiwan, to a group consisting of global investor Caisse de Depot et Placement du Québec (CDPQ) and pr.....
SAP SE to Make Its Subsidiary Qualtrics International Go Public
December 29, 2020 07:27 PM AEDT| By Hina ChowdharyIn a move to boost its business, German software company SAP SE said it is going to take its US-based subsidiary Qualtrics International Inc. for listing in stock markets. SAP SE said the public listing of Qualtrics is expected to put the valuatio.....
House gives the green signal to USD 2,000 stimulus check. Will it cross the Senate’s hurdle?
December 29, 2020 03:25 PM AEDT| By Team Kalkine MediaOn 28 December 2020, the House voted in favour of an increase in the stimulus checks from USD 600 to USD 2,000. Two hundred and seventy-five members voted in approval of the bill, whereas 134 voted against it. Despite being cleared by the House of .....
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New Zealand splurge ~NZ$62M on Boxing Day Shopping, slight decline from 2019
December 29, 2020 03:20 PM AEDT| By Team Kalkine MediaThe holiday season usually brings big spending from the Kiwis and Boxing Day is one of the shopping events to find the best bargains, with supermarkets flooded with shoppers. Even though the Kiwis spent less than last year on the Boxing Day sales,.....
NSW govt makes QR code system mandatory for businesses in 2021
December 29, 2020 03:08 PM AEDT| By Team Kalkine MediaNSW health minister Brad Hazard has announced that it is mandatory for all the businesses to use the NSW Government QR code system from 1 January 2021. Starting from the new year, every business in the New South Wales region will have to set u...
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New Zealand all set to mask up better than ever before
December 29, 2020 02:18 PM AEDT| By Team Kalkine MediaThe world has gone through major changes this year due to coronavirus pandemic. This has forced people bring about important lifestyle changes in their lives, and one of them is wearing masks in public. It is one of the most crucial form of p.....
Novavax to Commence Pivotal Phase 3 Trial of its COVID-19 Vaccine
December 29, 2020 12:28 PM AEDT| By Kunal SawhneyLate-stage biotechnology player developing next-generation vaccines Novavax Inc (Nasdaq: NVAX) revealed that it would start its late-stage clinical trial. The trial will evaluate the efficacy, safety, as well as immunogenicity of .....
Hemp Tea taken off Shelves due to high levels of CBD, THC presence
December 28, 2020 12:39 AM AEDT| By Kunal SawhneyRecently, Higher Living green tea hemp has been pulled off from the supermarket shelves as it contains higher than permissible levels of Cannabidiol (CBD) and Tetrahydrocannabinol (THC). The stores that sold these tea bags included Countdown,...
Kiwis face flight cancellations in the UK, confusion reigns
December 28, 2020 12:31 AM AEDT| By Hina ChowdharyDue to a new mutant strain of coronavirus moving fast and wide in the UK, several Kiwis who were supposed to head back to their home country are stranded in the UK, as more than 50 countries have imposed travel bans on flights from the UK. More th.....
How can technology help tackle the burgeoning mental health crisis?
December 28, 2020 12:16 AM AEDT| By Team Kalkine MediaThe year 2020 has been a difficult one for people across the world. With the pandemic spewing hellfire globally and stringent lockdowns in place, many people started facing mental health issues. Being locked away at home, people were under stress .....
Is the UK finding hard to revive from the hard blow of COVID-19’s new variant?
December 27, 2020 12:50 AM AEDT| By Kunal SawhneyThe concern around a metamorphosed and high-speed moving variant of coronavirus in the UK has triggered a worldwide travel turmoil of late and has prompted several countries to impose to-and-fro travel restriction for the UK flights. Casting or mode...
Why is Foster’s shedding its old avatar to impress Aussies?
December 27, 2020 12:50 AM AEDT| By Team Kalkine MediaIt is known that Australians love their beer, especially on hot summer’s day. Sipping a can of cold beer is like a tradition. The Australian Bureau of Statistics states that an average Aussie consumed 3.71 liters of Beer in 2018. Australia o.....
Hyundai Mipo Dockyard chosen for building two state-of-the-art ferries for KiwiRail
December 27, 2020 12:25 AM AEDT| By Hina ChowdharyIn a major development, the state-owned KiwiRail has zeroed down on Hyundai Mipo Dockyard (domiciled in South Korea) for building its two Interislander ferries. As a part of its turnaround plan of becoming a long-term viable transporter, KiwiRail .....
With an eye on clean environment, NZ aims to go green by 2025
December 26, 2020 12:13 AM AEDT| By Kunal SawhneyJacinda Ardern, Prime Minister of NZ, called climate change as among the most significant challenges faced by the country. She declared a climate change emergency earlier this month and promised to be a carbon-neutral government by 2025. The step rec...
Apple autonomous car to be a reality by 2024?
December 26, 2020 12:04 AM AEDT| By Team Kalkine MediaTechnology giant Apple Inc is thinking of adding its own lustre to an already illustrious electric vehicle market. If reports are to be believed, Apple is planning to launch a passenger vehicle in 2024. The tech behemoth has set its eyes on building...
New Zealand’s small wineries bearing the brunt of border closures
December 25, 2020 12:05 AM AEDT| By Kunal SawhneyWorldwide, the tourism and hospitality sector has seen a downfall in the year 2020, with the lockdown and border restrictions caused by the pandemic. Almost each sector of the hospitality industry has suffered immensely due to the pandemic an.....
Alibaba’s Shares Drop as Chinese Regulators Launch Investigation into Its Market Practices
December 24, 2020 09:45 PM AEDT| By Kunal SawhneyChina’s market regulator State Administration for Market Regulation (SAMR) said that they have rolled out an antitrust investigation into the e-commerce giant Alibaba Group Holding Ltd for its trade practice. Reports said that Alibaba has bee.....
Anheuser-Busch InBev SA/NV enters a strategic partnership with Apollo-Led Consortium
December 24, 2020 07:19 PM AEDT| By Hina ChowdharyLeading global alternative investment manager with assets under management of approximately $433 billion Apollo Global Management Inc (NYSE: APO) and a group of institutional investors have made a strategic decision to acquire a 49.9 per cent stake.....
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Why did China start investigating into Alibaba on monopolistic behaviour?
December 24, 2020 05:52 PM AEDT| By Hina ChowdharyChinese regulators have launched an antitrust investigation into Alibaba Group and will meet Ant Group, the tech giant affiliate, in the upcoming period. Alibaba Group is the largest e-commerce player across the globe by total sales volume. .....
Boxing Day sales to kickstart earlier through online platforms
December 24, 2020 03:51 PM AEDT| By Team Kalkine MediaBoxing Day sales are set to start much earlier than scheduled, this year. Traditionally, as the name suggests Boxing Day sales starts on December 26th, but this year most stores have kickstarted the sales early. Source: Shutterstock Biggest sal.....
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