News
Which IPOs are Coming Soon?
June 14, 2021 11:43 PM AEST| By Suhita PoddarSummary Initial public offering is known as the process of a private company issuing new shares on a publicly traded exchange to investors in order to raise capital. Investing in an IPO can be lucrative for some investors due to getting the opp.....
Optibiotix Health Plc Set to Take Next Big Leap in Human Microbiome Space
June 14, 2021 10:54 PM AEST| By Team Kalkine MediaOptiBiotix Health Plc (LON: OPTI), which develops products and technology to prevent and manage diseases such as obesity, high cholesterol, and diabetes, is set to take the next big step with its second-generation products in the human microbiome s.....
Can Volcanos Be Bitcoin’s Green Savior?
June 14, 2021 06:08 PM AEST| By Ipsita SarkarPower-hungry cryptocurrencies’ growing energy problem has led to many ardent proponents backing out. Investors who had warmed up to Bitcoin, one of the most promising digital currencies rewriting investment or payment methods, are now waverin.....
FTSE 100 to open a bit higher as Asian equities remain mixed
June 14, 2021 04:55 PM AEST| By AbhijeetSummary UK shares are likely to open a slice higher on Monday, 14 June Last week, FTSE 100 finished with a 5-day gain of 0.92 per cent Futures linked to the FTSE 100 traded 0.11 per cent higher at 7,071.8 UK shares are likely to ope.....
Are meme stocks talk of the town?
June 14, 2021 01:17 PM AEST| By SonalMeme stocks are equities that have recently experienced a boom in viral activity, which is typically fueled by online social media sites like Reddit and Twitter. Retail investors in social media discussion groups have come together to look for equi.....
Why Inflation right now could add fuel to income inequality
June 14, 2021 12:23 AM AEST| By Furquan MoharkanAs countries across the globe – from China to the US – have been reporting record inflation numbers, it could be having greater consequences than we can think about. There are four types of inflation that exist: creeping inflation (when...
Another Milestone: Popular ‘Doge’ Meme NFT Sells For Record $4 Million
June 13, 2021 04:32 PM AEST| By Raza NaqviThe 'Doge', one of the most renowned memes featuring an image of a Shiba Inu dog with a smirk, was sold as the most expensive non-fungible token (NFT) at US$ 4 million on Saturday, June 12. According to reports, the NFT was sold at an auction site c...
Do G7 nations favour investment in fossil fuels over green energy?
June 13, 2021 12:42 AM AEST| By Team Kalkine MediaSummary The 47th G7 summit is scheduled for 11–13 June 2021 in the United Kingdom. Ahead of the anticipated event, Tearfund, the International Institute for Sustainable Development, and the Overseas Development Institute published a repor.....
Can cow manure fuel crypto mining?
June 13, 2021 12:36 AM AEST| By Mohammad ZaidSummary Many environmentalists and researchers have raised concerns over the environmental impact of cryptocurrency mining. Several businesses are opting for renewable sources for powering cryptocurrency mining as it consumes a significant quan.....
Climate Investments Must Triple By 2030 To Save Nature: UN
June 13, 2021 12:26 AM AEST| By Team Kalkine MediaSummary Currently, 86 percent of fund come from the governments, financial institutions, or climate protection groups, and the rest, 14 percent, are infused by the private sector. In 2018, private sector contribution was US$18 billion, mobilize.....
Is cloud computing the future of all businesses?
June 13, 2021 12:26 AM AEST| By Team Kalkine MediaSummary With the onset of an ongoing pandemic, every business is looking towards cloud technologies for survival and growth. Cloud service is getting deployed fast across several markets and geographies. Major cloud service providers are alrea.....
Burger Chain McDonald’s Becomes Latest Victim Of Cyberattack
June 12, 2021 01:19 PM AEST| By Team Kalkine MediaSummary Cyber criminals hack into McDonald’s employee and customer data in South Korea and Taiwan. Meat company JBS and energy firm Colonial Pipeline also have been the target of cyberattacks. JBS and Colonial Pipeline were forced to pay.....
Virginia Joins Global Fight Against Plastic Pollution
June 12, 2021 10:34 AM AEST| By Team Kalkine MediaSummary As per the law, anyone above the age of 16 who intentionally litter plastic outdoors will be fined US$25. It also prohibits the release of 50 gas balloons or more in the air within an hour. The goal is also to reduce single-use plastics.....
US Markets Close Higher Ahead of Fed Meet Next Week
June 12, 2021 07:46 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week higher on Friday, June 11, ahead of a crucial meeting of the Federal Reserve that may deliberate on the recent spike in inflation and other developments. The S&P 500 was up 0.19% to 4,247.44. The Dow Jones ro...
British Equities Inched Higher After Encouraging UK GDP Data
June 12, 2021 04:40 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.26 points or 0.08 per cent lower at 4,235.92, Dow Jones Industrial Average Index dipped by 99.90 points or 0.29 per cent lower at 3...
Sanne shares fly 12% to all-time high as it receives 5th takeover proposal
June 12, 2021 03:14 AM AEST| By AbhijeetSummary Sanne Group shares rallied more than 12 per cent on Friday Cinven has offered a takeover price of GBX 875 which is 13% premium to its last close Sanne board has decided to enter into prospective discussions with Cinven Shares of S.....
Crypto mining 101: Everything you need to know
June 12, 2021 01:42 AM AEST| By AayushSummary Crypto mining means gaining cryptocurrencies by solving complex cryptographic equations using high-powered computers. A blockchain is essentially a series of data blocks “chained” together, which contain key pieces of data. .....
CO2 levels shoot up to record high despite COVID-19
June 12, 2021 01:15 AM AEST| By Team Kalkine MediaSummary Recent data indicates the highest CO2 levels in 63 years, with the COVID-19 shutdown proving insignificant to curb greenhouse gas emissions. Carbon dioxide was recorded at 419 parts per million (ppm) in May 2021, up from 417 ppm i.....
Crackdown on fake medicines trade: Thousands of counterfeit online pharmacies shut worldwide
June 12, 2021 12:48 AM AEST| By Tripti JoshiSummary A record number of web links, including websites and online pharmacies, have been closed under an Interpol-led Operation. Fake COVID-19 tests, face masks and sanitizers made a significant proportion of the counterfeit products. The cou.....
What Is the UK Doing About the Climate Challenge?
June 12, 2021 12:43 AM AEST| By Suhita PoddarSummary Climate change threat is increasing every day, with the world having touched 419 parts per million of CO2 in the atmosphere in May 2021, the highest ever on record. The UK’s ambitious net zero targets and its plan to decarbonise s.....