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World news
Are America’s wealthiest 1% calling dibs on COVID-19 vaccine?
December 16, 2020 06:02 PM AEDT| By Edita IvancevicAfter Pfizer’s pioneer COVID-19 vaccine received emergency approval for distribution in the US, many Americans are keenly waiting for an opportunity to get the first jab. READ MORE: Pfizer’s COVID-19 vaccine receives a go-ahead sign fr.....
Australia drags China to the WTO over barley tariffs
December 16, 2020 05:54 PM AEDT| By Edita IvancevicThe Australian government announced that it would take China to the World Trade Organisation over massive tariffs on Australian barley. The situation which arose in May has posed a significant threat to the A$2.5-billion sector. This is the first.....
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Wish to tap the US secondary market with US$1.1 billion IPO
December 16, 2020 03:59 PM AEDT| By Team Kalkine MediaAfter the successful launch of Airbnb and DoodDash’s billion-dollar IPOs, now its time for the Online retailer, Wish to hit the market. The company is coming out with an IPO of US$1.1 billion, making it the 31st IPO this year to exceed the bi.....
What’s ailing international education industry in Australia
December 16, 2020 01:23 PM AEDT| By Edita IvancevicWhen the pandemic hit the world earlier this year, international students in Australia could have never imagined the struggle they would experience in the following months. Suddenly, many international scholars started losing their part-time jobs .....
O3 Mining (CVE: OIII) Comes Up with An Upbeat PEA for Its Garrison Gold Project
December 16, 2020 01:09 AM AEDT| By Kunal SawhneyCanadian Gold miner O3 Mining has come out with its Preliminary Economic Assessment (PEA) report for one of its mining projects -- the Garrison project in Canada. The report portrays the project with a very high economic value that would push the c.....
Norwegian Cruise Line (NYSE: NCLH) highlights achievements in 2019 stewardship report
December 15, 2020 11:03 PM AEDT| By Hina ChowdharyLeading global cruise company Norwegian Cruise Line has come out with its latest stewardship report highlighting its achievements on environmental, social and governance fronts as part of its global sustainability program -- Sail & Sustain. Th.....
Will the US Face Critical Shortage of Covid-19 Vaccine Doses?
December 15, 2020 07:42 PM AEDT| By Team Kalkine MediaThere has been a wave of jubilation in the US after the Food and Drug Administration (FDA) granted the emergency use authorisation for the coronavirus vaccine co-developed by Pfizer Inc and BioNTech SE. As the US has the highest number of reported .....
Disney+ on cloud nine after engaging billion-plus subscribers
December 15, 2020 06:22 PM AEDT| By Edita IvancevicSince its launch in November 2019, Disney Plus has attracted a significant number of subscribers, becoming one of the most notable competitors to Netflix. Last week, the streaming platform held an online event, where it presented its goals and ide.....
Google services’ global outage: Here’s what exactly happened?
December 15, 2020 04:53 PM AEDT| By Edita Ivancevicwere forced to take a break or an entire day-off until the problem was rectified. Numerous Google and YouTube services, including Gmail and Google Drive, suffered a 45-minute outage on Monday, disrupting the operations of schools and work envir....
Jacinda Ardern assures New Zealand-Australia travel bubble to come up early next year
December 15, 2020 04:39 PM AEDT| By Edita Ivancevicthe news, saying his country was ready to meet the required terms and conditions. In a welcome decision which can boost travel industry in New Zealand and Australia, Kiwi Prime Minister Jacinda Ardern confirmed to establish a trans-Tasman trave....
China turns up the heat on trade war, bans Australian coal
December 15, 2020 03:13 PM AEDT| By Edita Ivancevice A$14 billion coal industry joins the show, raising anxiety in Australian miners. Chinese authorities are thought to have confirmed a formal ban on A$14 billion coal imports from Australia on Monday night. Since then, the Australian government...
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Kordia Group Mourns after its Ex-CEO Scott Bartlett died following a battle against Brain Tumour
December 15, 2020 02:27 PM AEDT| By Team Kalkine MediaFormer CEO of Kordia Group, Scott Bartlett who was diagnosed with multiple brain tumour in August 2019 died at the age of 40, battling against cancer on 15 December 2020. Scott Bartlett was one of the famous names on the New Zealand tech scene. He w...
Biden Gets Green Signal from Electoral College to Become 46th US President
December 15, 2020 01:52 PM AEDT| By Team Kalkine MediaOn Monday, 14 December 2020, the US president-elect Biden got a substantial majority of votes in the Electoral College. This confirms his victory in the last month's presidential elections and affirms that he would be the next president of the US. .....
Another hour-long Google service outage in six months, Gmail, Google Drive affected
December 15, 2020 03:01 AM AEDT| By Team Kalkine MediaThe services of global tech conglomerate Google were down for the fourth time this year after 90 per cent of the users failed to log in into prime Google applications, such as Gmail, YouTube, Google Drive, Google TV and Google Play. Although the Go.....
Alibaba (NYSE: BABA), Tencent Holdings (OTC: TCEHY) backed firms fined by Chinese market regulator
December 14, 2020 11:05 PM AEDT| By Hina ChowdharyExercising its new law on anti-competitive business behaviour in the country, China has imposed a fine of CN¥ 500,000 each on China Literature and Shenzhen Hive Box for not providing proper details on recent M&A deals for anti-trust reviews.....
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Tech entrepreneurs dominate Australia’s Young Rich List
December 14, 2020 09:15 PM AEDT| By Edita IvancevicAustralian Financial Review (AFR), the Aussie newspaper picks the wealthiest people in the continent and ranks them annually. Image Source: Shutterstock However, the Young Rich list could be the one where Australian entrepreneurs, aged 40 and y.....
Global Economy to regain speed on a Bumpy Road to recovery
December 14, 2020 08:27 PM AEDT| By Team Kalkine MediaThe global economy has shown its remarkable resilience as it gradually progressed through the COVID-19 pandemic. Though prospects for a way out of the crisis have risen, some countries are still battling the rising number of virus cases by re-impo.....
Blackstone Real Estate, Soilbuild Group Chairman to Privatise Soilbuild Reit
December 14, 2020 07:16 PM AEDT| By Kunal SawhneySingapore-based property company Solidbuild Group Holdings Limited’s executive chairman and co-founder Lim Chap Huat has teamed up with Blackstone Real Estate in a bid to privatise and delist Soilbuild Business Space REIT (SB REIT) at $0.55 i.....
Elliott reportedly buys stake in Public Storage (NYSE: PSA)
December 14, 2020 06:38 PM AEDT| By Team Kalkine MediaNew York-based investment management company Elliott Management Corporation has reportedly bought a stake in the California-headquartered self-storage firm Public Storage (NYSE: PSA). In recent weeks, Public Storage and Elliott Associates have had .....
NZX regular trading on Monday morning postponed due to connectivity issues
December 14, 2020 01:01 PM AEDT| By Team Kalkine MediaOn 14 December, NZX postponed the opening of the share market until 11:30 am due to technical glitches and issues on the interface between its clearing and settlement and trading systems. The stock market operator declared that the main Board and .....
AI on the Rise: A Look at Top AI Companies and Their Stocks