World news

Has COVID-19 pandemic proven more hostile to developing economies?
January 15, 2022 01:35 AM AEDT| By Anam SiddiquiHighlights Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav.....

From Toyota to Audi: How leading carmakers are planning to go 100% electric
January 14, 2022 06:24 PM AEDT| By Priyabrata PrustyHighlights Of late, demand for electric vehicles (EV) have been rising with higher fossil fuel price being one of the prime reasons. Global EV sales were expected to cross 6.4 million in 2021, up 26% over 2020. Volkswagen in its bid to challen.....

Are there foreign policy challenges looming for NZ in 2022?
January 13, 2022 03:57 PM AEDT| By ManikaHighlights New Zealand faces several foreign policy challenges in 2022. The country’s top priority is its relations with China and how to balance it. Emerging as a major voice for climate change is another one. The COVID-19 pandemic.....

World Bank slashes China’s growth figures
January 12, 2022 07:13 PM AEDT| By Priyanka PayalCoronavirus pandemic has played havoc on world economies. As the new year began, people globally were optimistic and had high hopes that their lives would be restored to normal, and their Country’s economy would come on track. However, it doe.....

Fujitsu wins iSAFE deal with SA’s Department for Correctional Services
January 11, 2022 08:11 PM AEDT| By Sonal GoyalHighlights Fujitsu has won the iSAFE contract with the South Australian Department for Correctional Services (DSC). Under the contract, Fujitsu will refresh some of its software systems. Fujitsu has announced that it has won the iSAF.....

Rapid Antigen Tests for COVID-19: Savior in times of need
January 10, 2022 07:57 PM AEDT| By Team Kalkine MediaHighlights Rapid antigen tests are relatively easier to use and less time consuming than PCR tests. 15 different rapid antigen testing kits have been allowed for use by The Therapeutic Goods Administration (TGA) of Australia The National Cabin.....

Global semiconductor shortage continues to hurt car buyers in 2022
January 07, 2022 09:03 PM AEDT| By SamtaHighlights Due to ongoing supply chain disruptions and semiconductor shortages, new car buyers will have to suffer more in 2022. Covid-19 has slowed down the demand for new vehicles since early 2020. Global chip shortage will likely c.....

Nasdaq tech stocks plunge 50% or more, echoing dot-com crash
January 07, 2022 04:09 PM AEDT| By Sukriti NairOn Thursday, a near-record number of US Nasdaq listed tech stocks plunged by 50% or more, echoing the dot-com crash. Around 4 in every 10 companies on the Nasdaq composite index saw market values getting halved from their 52-week highs. Why are US.....

France’s privacy watchdog fines Google, Facebook over ‘cookies’
January 07, 2022 09:25 AM AEDT| By Sanjeeb BaruahHighlights Facebook and Google did not allow the refusal of cookies easily, the privacy watchdog said. It warned that failing to honor its decision would attract much harsher punishment, an additional daily fine of 100,000 euros. The EU regul.....

Toyota unseats General Motors to become top car seller in US
January 06, 2022 06:16 PM AEDT| By Priyanka PayalHighlights Japanese Carmaker Toyota surpasses General Motors to grab the title of top car seller in the US. GM has said that its total sales were down about 13% due to semiconductor supply chain constraints. Both companies have reported .....

Australia cancels tennis player Novak Djokovic's visa
January 06, 2022 03:55 PM AEDT| By Sonal GoyalHighlights Novak Djokovic was not allowed to enter Australia as he could not fulfil the requirements to enter the country. Djokovic's Australian visa got cancelled. The decision of whether he will enter Australia or not is still pending. .....

GM unveils electric version of its top-selling pickup Chevy Silverado
January 06, 2022 08:20 AM AEDT| By Sanjeeb BaruahHighlights Silverado EV, the electric version of GM’s top-selling car by the same name, is expected to hit the dealers next year. The company had earlier said that Silverado will have more high-tech features and driving range compared to.....

Australia loses ‘unprecedented’ number of foreign diplomats in pandemic
January 05, 2022 05:04 PM AEDT| By Sukriti NairA 51-page incoming operational transient for Dfat’s (Department of Foreign Affairs and Trade) new secretary, Kathryn Campbell, reveals a fall in the number of positions at Australian embassies and diplomats on overseas postings, during the pa.....

Melania Trump, others pay rich tribute on Bitcoin’s 13th anniversary
January 05, 2022 09:32 AM AEDT| By Sanjeeb BaruahHighlights Bitcoin (BTC) was up 0.79% to US$46,287.06 on Tuesday evening, a day after its anniversary celebrations. Melania used the Twitter hashtag: "Happy Anniversary, #SatoshiNakamoto #MelaniaNFT" to celebrate the occasion on Monday. El S.....

Bill Gates’ TerraPower teams up with Japan to build N-reactor in US
January 05, 2022 08:18 AM AEDT| By Sanjeeb BaruahHighlights Bill Gates co-founded the startup to revolutionize nuclear reactor designs. The US government would bear half the cost of the plant set to open by 2028. TerraPower was soon expected to sign a formal agreement with the Japan Atomic.....

“50 Cognitive Biases” for the young: Elon Musk
January 04, 2022 07:56 PM AEDT| By Aditi SahaWhat is a mind? Scientists are still working to decipher the enigma of the human conscious and subconscious mind. Suppose you ask what the most intricate organ of the human body is. In that case, it is without a doubt the human brain, which can tran...

Theranos founder Elizabeth Holmes guilty of criminal fraud
January 04, 2022 07:27 PM AEDT| By Sukriti NairElizabeth Holmes, the 37-year-old founder of Theranos, is now a convicted fraudster. The famous youngest female billionaire of America, Holmes was found guilty in four of eleven fraud accusations by the federal court. As a result, her health startu.....

Evergrande shares suspended from trading in Hong Kong: What we need to know
January 04, 2022 06:10 PM AEDT| By Team Kalkine MediaChinese real estate giant Evergrande suspended the trading of its shares on the Hong Kong stock exchange on Monday (January 3). In a release to the Hong Kong stock exchange, the debt-laden company said the trading suspension was pending the release.....

Six economic factors to keep an eye on in 2022
January 04, 2022 05:35 PM AEDT| By Akanksha VashishtHighlights Experts are slightly less fearful of the potential impact of the pandemic on the economy, even as the new Omicron variant lurks in the background. Savings are expected to steer the economy in the coming year while inflationary .....

Five work-life resolutions to swear by for a Zen-like 2022
January 04, 2022 05:23 PM AEDT| By Supriya KumariLiving through the pandemic has felt a lot like going to a war – and, for better or worse, the world will never be the same again. The last two years have reeled in almost a decade’s worth of change, courtesy COVID-19. Almost like a ruth...