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Music to your ears? How podcasting is taking traditional media by storm
April 19, 2021 10:00 AM BST| By Team Kalkine Mediado not. Joe Rogan’s Spotify deal is the largest in podcasting history. The COVID-19 pandemic has seen a plethora of listeners migrate to various niche podcasts. Most notably, the genre of true crime has attracted a large portion of liste....
FTSE 100 likely to open lower as renewed Covid tensions jolt confidence
April 19, 2021 07:56 AM BST| By AbhijeetCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is expected to open in negative territory on Monday, 19 April UK shares are set to react oppositely as compared its Asian peers India’s Nifty 50 crashed 2.32 per cent after t...
Indian markets feel the heat as COVID-19 rattles the country
April 19, 2021 07:30 AM BST| By Team Kalkine Mediaber of daily COVID-19 deaths – displacing Brazil The raging COVID-19 pandemic has wreaked havoc in India, the world’s second most populous country. On Monday, the equities in the country opened deep in red, despite most of its...
Asia markets open in green, COVID-19 wreak havoc in India
April 19, 2021 05:43 AM BST| By Furquan MoharkanSource: REDPIXEL.PL, Shutterstock The Asian markets on Monday morning are seeing a positive opening with investors keenly watching developments in China’s Alibaba Group Holding Ltd (NYSE:BABA) and India’s worsening COVID-19 situation....
Why are cryptocurrencies tumbling after stellar run last week?
April 19, 2021 11:20 AM AEST| By Furquan MoharkanSource:Ken stocker, Shutterstock Bitcoin, the world’s largest cryptocurrency, has been falling through the weekend, after witnessing a record run last week. Representative Image. © Chakisatelier | Megapixl.com On Sunday, in the intrad...
COVID-19 Survivors May Need Only One Dose Of Vaccine, Says Study
April 18, 2021 09:13 AM BST| By Shreya BiswasSource: Sorapop Udomsri, Shutterstock Summary A latest study has found that a single dose of the Pfizer-BioNTech or Moderna vaccine may be enough to provide immunity to COVID-19 survivors. The study was conducted by researchers at Los Angeles&...
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Bitcoin, an Irrational Exuberance?
April 17, 2021 09:11 PM AEST| By Team Kalkine MediaSource: Mc_Cloud, Shutterstock Bitcoin mania is everywhere. Read the last sentence again. The word ‘mania’ holds a lot of significance. By contrast, bitcoin itself is yet to find undisputed acceptance in global trade and commerce. A bri...
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Indian IT ADRs more than double in 1 year
April 16, 2021 08:16 PM BST| By Furquan MoharkanSource: Jirapong Manustrong, Shutterstock The American Depository Receipts (ADRs) – Infosys Ltd (NYSE:INFY) and Wipro Ltd (NYSE: WIT) of two Indian companies have more than doubled in the past one year. And both have a similar story: both comp...
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FTSE 100 breached the 7,000 level for the first time since the pandemic
April 16, 2021 07:10 PM BST| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 7.99 points or 0.19 per cent higher at 4,178.41, Dow Jones Industrial Average Index sur...
GBP tumbles against USD, EUR even as US dollar index stays flat
April 16, 2021 04:23 PM BST| By AbhijeetSource: kamui29, Shutterstock Summary GBP fell considerably against the USD and the euro in the morning trades on Friday. The domestic currency regained partial losses as the trading progressed. BoE fixed a reference currency rate of 1.3795 U...
Facebook In Trouble Again, Faces Major Legal Action Over 2019 Data Leak
April 16, 2021 03:55 PM BST| By Shreya BiswasSource: Camilo Concha, Shutterstock Summary Digital Rights Ireland(DRI), a digital rights advocacy agency, has announced that it will be initiating a “mass action” to sue Facebook over the massive user data breach of 2019. User inf...
Morgan Stanley net profits surge 150% in Q1
April 16, 2021 03:43 PM BST| By Team Kalkine MediaUS$ 3.4 billion versus US$ 950 million last year. Quarter results also highlight a loss of US$ 911 million tied to Archegos. The American Banking major Morgan Stanley (NYSE:MS) has reported a blockbuster quarterly performance, with its net pro....
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Google misled Australians over data collection: ACCC
April 16, 2021 12:17 PM BST| By Team Kalkine MediaSource: New Africa, Shutterstock In a world-first, a federal body has stated that US-based tech giant Google tricked its users in Australia. The Australian Competition & Consumer Commission (ACCC), on Friday, shared that the Federal Court has di...
Is GlaxoSmithKline PLC getting ready to take off?
April 16, 2021 10:05 AM BST| By Team Kalkine MediaSource: Poring Studio, Shutterstock Summary GlaxoSmithKline PLC (LON: GSK) gained 4.56% percent in the last trading session. The stock soared almost ~16.64 percent in the last eight weeks, the price has broken out of its falling channel patter...
FTSE 100 set to open a bit higher as Wall Street shines
April 16, 2021 08:27 AM BST| By AbhijeetSource:Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is likely to open a tad higher on Friday, 16 April. A higher Wall Street closing on Thursday boosted the investors’ confidence. Asian markets traded in positive territ...
Lower Ending Stocks & Tight Supplies Push Corn Prices Higher
April 16, 2021 08:08 AM BST| By Team Kalkine MediaSource: Africa Studio, Shutterstock Summary Corn prices are continuously trading in the northward direction for the past 9 months. Prices broke the downward sloping trendline in January 2021 and since then the upside momentum strong. Global C...
COVID-19 Weekly Roundup: Latest developments around the world
April 16, 2021 08:00 AM BST| By Team Kalkine MediaSource: Moonhonor, Shutterstock Summary The EU Commission has opted not to renew contracts for the COVID-19 vaccine from Oxford-AstraZeneca and Johnson & Johnson. Researchers at the University of Oxford introduced a Com-Cov study to evalua...
Citibank kicks off Australian retail bank sale, confirms CEO
April 16, 2021 05:59 AM BST| By Furquan MoharkanA signboard of Citibank seen outside a building in Manhattan, New York. © Noodles73 | Megapixl.com US banking behemoth Citigroup Inc (NYSE:C) has commenced the sale of its consumer banking business in Australia, a top official from the bank con...
Goldman Sachs Consolidating Around Trend Line Support
April 16, 2021 04:36 AM BST| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary Goldman Sachs Group Inc. (NYSE: GS) has been on an upward trajectory since October 2020. The price has broken crucial resistance level and hit an all-time high. Stock prices are trading above an upwar...
Dow smashes a milestone by shooting past 34K-mark
April 16, 2021 01:39 AM BST| By Furquan MoharkanThe 30-share large cap index of the US market – Dow Jones Industrial Average (Dow30) – surged past the 34,000-mark for the first time on Thursday, as global equities continue to rally. Although the benchmark opened almost flat at...
