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World news
Fujifilm Undergoes Name Change as A Part of Revamp 101
April 01, 2021 04:25 PM AEDT| By RomaSource:SFIO CRACHO, Shutterstock Summary Fujifilm undergoes name change, gears up for total revamp Ending association with Fujifilm Xerox, a big move Company hopes to deliver innovative new technologies to its clients in the near future...
Living wage hiked from September 1. Do you know the new rate?
April 01, 2021 03:30 PM AEDT| By Team Kalkine MediaSource:Fusionstudio, Shutterstock Summary Living wage rate has risen to $22.75 per hour from September 1. On the same day, April 1, minimum wage was also increased to $20 per hour. Living wage is crucial for the financial well-being of Kiwis....
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Pfizer-BioNTech’s COVID-19 vaccine shows 100% efficacy in young adolescents
April 01, 2021 02:11 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary Pfizer-BioNTech’s COVID-19 vaccine has proved to be 100% effective in young adolescents (12-15 years) in Phase 3 clinical study. The two partners plan to submit these data to the US FDA and t...
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How The Collapse Of Hedge Fund Archegos Capital Led To Global Banks Losing $6bn
March 31, 2021 09:04 PM AEDT| By AbhijeetSource: wutzkohphoto, Shutterstock Summary The Archegos Capital’s collapse may lead to massive loss for global banks such as Goldman Sachs, Credit Suisse,Morgan Stanley, Deutsche Bank and The liquidation of the fund led to a distres...
Tourism Infrastructure Fund: Is The Government Ready To Shell Out NZ$13 Million?
March 31, 2021 08:38 PM AEDT| By Team Kalkine MediaSource: PhotonCatcher, Shutterstock NZ government plans to re-introduce Tourism Infrastructure Fund to give impetus to the economy, as updated by Hon Stuart Nash, Tourism Minister. Source: © Hugoht|Megapixl.com Relief For Tourism Sector Th...
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US Markets Edge Lower, Weighed Down By Tech, Healthcare Stocks
March 31, 2021 09:46 AM AEDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary IMF to raise the global economy forecasts for 2021 and 2022 next week. The Federal Trade Commission has filed a lawsuit to block Illumina’s proposed US$7.1 billion acqu...
Wisk Set to Start Trials of Unmanned Electric Air Taxi Soon in NZ
March 30, 2021 09:04 PM AEDT| By ManikaSource: travellight, Shutterstock Summary Wisk under AITP of NZ Government will start trials of unmanned electric air taxis soon Wisk which is an all electric self-flying air taxi company will partner with a subsidiary of World’s largest...
A look at the latest updates on COVID-19 vaccines across the globe
March 30, 2021 07:14 PM AEDT| By Team Kalkine MediaSource: New Africa, Shutterstock Summary Pfizer-BioNTech and Moderna’s COVID-19 shot reduced the risk of infection by 80% after the first of two doses. Moderna transported almost 100 million doses of its COVID-19 vaccine to the US govern...
NZ government ties up with Leaft Foods to produce greener foods
March 30, 2021 06:54 PM AEDT| By Team Kalkine MediaSource Fotokostic, Shutterstock Summary The NZ Government has partnered with Leaft Foods on a new R&D programme. The programme's mission is to assist the agriculture sector in fulfilling growing market demand for greener foods. The Minist...
S&P 500, NASDAQ End in Red While Dow Jones Gains
March 30, 2021 09:45 AM AEDT| By Team Kalkine Medialoss arising from transactions with a client in the U.S. Trade route through Suez Canal reopened on Monday. Wall Street closed on a mixed note on Monday, March 29, 2021. Energy and financial stocks pulled down S&P 500 and NASDAQ, while Dow....
Will Suez Canal Blockage Cause Major Supply Chain Disruptions?
March 29, 2021 07:11 PM AEDT| By RomaSource: Travel mania, Shutterstock Latest in news is that Ever Given, the giant ship that was stuck at the Suez Canal since the last 6 days, has been set afloat after days of tireless efforts. The shipping management company Bernhard Schulte Ship Ma...
Firstgas Announces its Decarbonisation Plan and Timeline
March 29, 2021 06:41 PM AEDT| By Team Kalkine MediaSource: Timofey Zadvornov, Shutterstock Firstgas Group, which is a major gas provider to homes and businesses, announced its timeline to decarbonise its gas pipelines on Monday. In line with New Zealand’s Climate Change Response Programme (Zer...
Experts believe vaccinating children is key to achieving herd immunity
March 29, 2021 06:34 PM AEDT| By Team Kalkine MediaSource: siam.pukkato, Shutterstock Summary With the world getting millions of COVID-19 vaccines daily, experts believe that herd immunity can only be achieved if children start getting vaccinated. Vaccine developers are conducting pediatric cl...
Element of surprise hits the Wall Street, Wipes out US$35bn in market value
March 28, 2021 07:00 PM AEDT| By Team Kalkine Mediay stocks on Wall Street witnessed high volatility during the trading session. The relentless spree of block trade worth US$10.5 billion was executed during the trading session on 26 March 2021. The sudden selloff struck Wall street on Friday and...
Suez Canal congestion may clear early new week – Boskalis
March 28, 2021 06:54 PM AEDT| By Team Kalkine Media© Artistashmita | Megapixl.com Summary Suez Canal is critical to the movement of goods across the eastern and western worlds and has been at the centre of world trade since its inauguration. Boskalis, the salvager firm, has been involved...
World’s Richest Man’s firm backs Pilot, the newest Unicorn
March 28, 2021 06:50 PM AEDT| By Team Kalkine MediaSource: TheCorgi, Shutterstock Summary Pilot has emerged as the newest unicorn after crossing the threshold valuation of US$1 bn. The world's richest man, Jeff Bezos' Bezos Expeditions, has invested over $100 million along with other partners...
Where does Australia stand in the global Nuclear power scenario?
March 28, 2021 12:44 AM AEDT| By Team Kalkine MediaSource: Evgeny_V, Shutterstock Summary Currently, over 440 nuclear power plants are operational globally. The US has rejoined the Paris climate change, and economies across the globe have been gearing up to transition to cleaner power sources......
US Stocks End the Week on Positive Note
March 26, 2021 06:21 PM AEDT| By Team Kalkine MediaSource: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...
EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots
March 26, 2021 05:45 PM AEDT| By Team Kalkine MediaSource: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...
Why Nike and H&M are facing backlash in China
March 26, 2021 05:36 PM AEDT| By Team Kalkine Media> Chinese celebrities are also disassociating themselves from these brands. In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...
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