News
Can Animal Species Facing Threat Related to Climate Change Be Saved?
June 03, 2021 01:34 PM BST| By Suhita PoddarClimate change has become a main challenge for the world, and worryingly global heating has begun to threaten animal life across the world. According to the International Union for Conservation of Nature (IUCN), over 37,400 species globally are fa.....
The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?
June 03, 2021 12:22 PM BST| By Kamalika GhoshSummary Governments across the globe have come up with policies that encourage companies to change to alternative energy modes. Though there is more awareness now, it is also essential to look into the sustainability of these energy models. In.....
UK Reaches Landmark Deal with The EU on Fishing Rights
June 03, 2021 11:52 AM BST| By AbhijeetSummary The agreement guarantees fishing rights of the British and EU fleet in EU and UK waters until the end of 2021. Fish worth around 650 million euros are caught every year by the European Union’s fishing fleets in the UK waters. The.....
APAC markets trade in green; ASX200 jumps 0.71%
June 03, 2021 07:11 AM BST| By Furquan MoharkanSummary Markets in green as investors react to data from Australia and China. South Korean markets are the outperformers. Thai and Hong Kong markets are in the red. The equity markets in Asia Pacific (APAC) region were mostly trading in t.....
How crude oil dynamics influence the upstream and downstream sectors
June 03, 2021 04:35 AM BST| By Team Kalkine MediaSummary Crude oil prices have witnessed a dramatic journey, rising from a negative territory in 2020 to the pre-pandemic levels in 2021. The dynamics in crude oil prices have a significant impact on all the sectors of the oil & gas industry.....
Did Mudrick Capital rush into selling AMC shares?
June 03, 2021 04:03 AM BST| By Furquan MoharkanSummary Meme stock, AMC Entertainment Holdings is once again in news as company raises US$230 million. Mudrick Capital Management, L.P. flips shares post the private placement. Is long-term investing a passe? On Tuesday, AMC Entertainment.....
Why is iron ore rally hurting these two sectors?
June 03, 2021 03:35 AM BST| By Team Kalkine MediaSummary The prices of iron ore have almost doubled in the last one year, on account of strong economic growth, globally. China's decision to curb steel production and rising iron ore prices have pushed steel prices to record highs. Constructio.....
The new economy: 6 ways how the coronavirus has changed the global economy
June 03, 2021 02:25 AM BST| By Team Kalkine MediaSummary The lockdown period has brought about many necessary innovations and realizations pertaining to better and more efficient ways to conduct business. The COVID-19-led lockdowns have accelerated this trend as companies have been forced to .....
Why AMC shares doubled in one session
June 03, 2021 02:16 AM BST| By Furquan MoharkanThe shares of American movie theatre chain AMC Entertainment Holdings Inc (NYSE:AMC) almost doubled in just one trading session as Reddit-driven frenzy continued to grip the retail investors. The shares of the company closed at US$62.55 each in Ne.....
How did US stocks perform on Wednesday?
June 02, 2021 11:13 PM BST| By Team Kalkine MediaBenchmark US stock indices saw muted gains on Wednesday, although the segments broadly remained subdued as investors took cues from the recent spike in oil prices and inflation data. The S&P 500 was up 0.14% to 4,208.12. The Dow Jones rose 0.07%...
FTSE 100 Traded Above 7,100 Level; Crude Oil Inched Higher
June 02, 2021 07:15 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 11.93 points or 0.28 per cent higher at 4,213.97, Dow Jones Industrial Average Index surged by 70.06 points or 0.20 per cent higher at 34,64...
Why were Burberry Group, Coca Cola HBC and Rolls Royce trending today?
June 02, 2021 05:01 PM BST| By Suhita PoddarSummary Luxury fashion company Burberry’s shares surged after French brokerage firm Exane BNP Paribas upgraded its rating. Bottle maker Coca Cola HBC jumped after its stock price target was raised by research company JP Morgan. Luxury ca.....
What’s brewing in the mining industry as ESG debate heats up
June 02, 2021 10:36 AM BST| By Team Kalkine MediaSummary The mining industry is witnessing growing calls to adopt new standards to meet Environmental, Social and Governance (ESG) compliance. Various mining space players are taking active steps with ESG on their agendas. With more educated co.....
What does the future of shale oil market look like?
June 02, 2021 09:17 AM BST| By Nitish KumarSummary Advancements in oil and gas drilling technology have unlocked huge reserves of oil, earlier untapped by oil and gas players. Shale oil is crude oil occupied in the void spaces of shale formations beneath the surface of the Earth. Hydra.....
E-commerce giant Amazon supports the MORE Act to legalize cannabis in the US
June 02, 2021 08:22 AM BST| By Tripti JoshiSummary Amazon disclosed that it would actively support the MORE Act for the federal legalization of marijuana in the US. The e-commerce behemoth has revealed that it will stop screening its job applicants for cannabis use. The Company will al.....
Opinion: India will take years to wipe off the bruise marks wreaked by COVID-19
June 02, 2021 07:50 AM BST| By Furquan MoharkanAs the second wave of the COVID-19 pandemic seems to be finally receding in India, the trail of tragedies that it has left behind is beyond imagination. It will probably take years to come out of it. Officially, 335,114 Indians have lost their lives...
Explained: The pros and cons of using social media in the healthcare space
June 02, 2021 02:46 AM BST| By Tripti JoshiSummary Social media can be channelized in quite constructive ways to help the healthcare sector. Prudent use of social networking sites and platforms in the healthcare sector can help promote individual and public health. In times of crisis, .....
Zoom posts blockbuster earnings but cautious of slowdown
June 02, 2021 01:48 AM BST| By Furquan MoharkanSummary Revenue almost triples; earnings up 9x The company expects slowdown going forth. Shares zoom in the aftermarket. The revenues of Zoom Video Communications, Inc. (NASDAQ:ZM) multiplied about three-times in the first quarter of curr.....
US Stocks Pull Back Amid Rising Oil Prices
June 01, 2021 11:04 PM BST| By Sanjeeb BaruahUS stock markets closed flat on Tuesday following a lacklustre session as investors took cues from the rising international oil prices that can potentially aggravate the inflation rate. The S&P 500 was down 0.05% to 4,202.04. The Dow Jones rose...
FTSE 100 edged higher after positive manufacturing & housing data news
June 01, 2021 08:09 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.83 points or 0.09 per cent higher at 4,207.94, Dow Jones Industrial Average Index surged by 131.68 points or 0.38 per cent higher a...