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Nissan Denies Tying Up with Apple for Its Electric Car
February 16, 2021 10:29 AM GMT| By Team Kalkine MediaJapanese automobile company Nissan (TYO: 7201) announced that it was not in talks with technology major Apple (NASDAQ: AAPL) for developing its a self-driving electric car. According to a Financial Times report, the companies had held brief.....
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Equity markets continue their uptrend; Crude oil rises to 13 months high
February 16, 2021 05:40 AM GMT| By Kunal SawhneyOn Tuesday, Global markets held the ground firmly and continued their bull run for the 12th straight session on the back of high optimism for the global economic recovery. The low-interest rates are also forcing investors to channelise their money .....
Texans Struggle Amid Deadly Winters and Power Outages
February 16, 2021 03:44 AM GMT| By Hina ChowdharyTexas is facing a challenging situation due to the freezing temperature and rolling power blackouts across the state. As extreme weather conditions spiked the demand for electricity, the agency responsible for managing the electric grid has ordered.....
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Why is platinum at multi-year highs?
February 16, 2021 03:35 AM GMT| By Kunal SawhneyFollowed by the emphatic industrial metals’ price rally on the expectations of global economic improvements, the prices of the Platinum contract hit ~US$1,291 an ounce on 15 February 2021, highest since September 2014. The current platinum p.....
Did FTSE 100 Soar on Vaccine Hopes?
February 15, 2021 09:43 PM GMT| By Hina ChowdharyUK Market News: The London markets traded in the green zone, reflecting positive investor confidence regarding Covid-19 vaccination rollout. FTSE 100 surged by around 2.52%, driven by vaccine hopes and substantial gains in the mining & energy sto...
How Can UK’s New £10-Mn Green Finance Push Impact Climate Talks
February 15, 2021 03:28 PM GMT| By Kunal SawhneyThe UK government has announced a £10-million climate capital investment for green finance research hubs in London and Leeds. The news comes ahead of the COP26 UN climate talks which will be hosted by the UK later this year. Be.....
Future of Darktrace’s IPO in the dark, as UBS withdraws participation
February 15, 2021 01:34 PM GMT| By Kunal SawhneySummary UBS refused to file required Suspicious Activity Reports due to tech entrepreneur Mike Lynch’s involvement. UBS and Jefferies were hired by Darktrace for the IPO. Lynch is accused in a US $11-billion fraud in selling his company .....
US Dollar drops to 3-week low as vaccine optimism abounds
February 15, 2021 01:16 PM GMT| By Team Kalkine Mediasignificantly as it rose to its highest level in about three years pushing past USD1.39. Tuesday marked a three-week low for US Dollar and a three-year high for Sterling as news surrounding the vaccine injected optimism into investors. The Brit....
A race against COVID-19: Meet five global vaccine developers in the fray
February 15, 2021 09:34 AM GMT| By Kunal SawhneyVaccine development typically requires years of research, testing and additional time for large-scale manufacturing. However, this time researchers across the globe raced against the clock to develop anti-coronavirus vaccines within a year amid the.....
Bitcoin Continues to Zoom, Gold Investors Left Behind?
February 15, 2021 08:20 AM GMT| By Kunal SawhneyBitcoin prices are going through the roof again with the digital currency reaching a record high of over USD 49K on 14 February 2021. So far, investors have been negatively correlating the digital asset with gold. However, the recent performance of...
UK vaccination drive: 15 mn people given first Covid-19 jabs till date
February 15, 2021 07:46 AM GMT| By Team Kalkine MediaBritish PM Boris Johnson announced on Sunday, 14 February, that the national vaccination programme had reached a significant milestone after more than 15 million people having received their first dose of coronavirus vaccine.&nb.....
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What is BNY Mellon’s latest initiative into the crypto world?
February 15, 2021 02:18 AM GMT| By Team Kalkine MediaThe geopolitical environment around the cryptospace is getting spiced up day by day with a plethora of information emerging in the market. After developments like a bill proposed by the Indian government to ban the currency, many positive news or sen...
Disney nets 146 million paid subscribers in Q4
February 14, 2021 01:24 PM GMT| By Team Kalkine MediaSource: Marko Aliaksandr, Shutterstock Summary The Walt Disney company revealed its December quarter results with Disney+ subscriptions being the major source of revenue during the quarter. The company reported that the total paid subscri...
Shopify, Walmart to Report Q4 Earnings Next Week: What to Expect
February 14, 2021 06:47 AM GMT| By Hina ChowdharyShopify Inc. (NYSE: SHOP) and Walmart Inc. (NYSE: WMT) are expected to report their fourth-quarter earnings next week. Both the companies were expected to have performed relatively well in the quarter, supported by their increased online sales volu.....
Q4 Earnings Show Market Resilience, Positive Growth
February 14, 2021 05:32 AM GMT| By Kunal SawhneyAs one-third of the fourth-quarter earnings season already behind us, markets would be looking forward to ending the remaining period with a positive note. Most of the big companies, at least on the heavyweight S&P 500 index, have either beaten.....
Trump Escapes Conviction, Leaving Door Open for 2024 Run
February 14, 2021 04:28 AM GMT| By Team Kalkine MediaFormer US President Donald Trump escaped conviction in a Senate vote on Saturday on charges of inciting insurrection on the Capitol Hill, leaving the door open for another run in the 2024 elections. The sentencing motion was defeated in 57 guilty .....
5 FTSE Stocks to Look for In February 2021
February 14, 2021 12:49 AM GMT| By Hina ChowdharySummary Markets are recovering at a brisk pace with countries expediting their respective Covid-19 vaccination programmes. Certain sectors are expected to carry on their good run the month and beyond. Major indices around the world are on .....
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Three financial strategies for all single men or women
February 13, 2021 03:49 PM GMT| By Hina ChowdharyAre you a single man or woman? If yes, have you financially secured your future? Worries would be less for those who have secured their financial future. And for others, it’s time for a serious rethink. Since single people are sole financial .....
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Bloomberg Commodity Index hits a 26 month-high after demand growth surged
February 13, 2021 02:43 PM GMT| By Kunal SawhneyThe Bloomberg Commodity Index continues to recover as it rocketed to a 26-month high of USD84.05 on 9 February 2021. The Bloomberg commodity index incorporates 23 commodity futures, and all were trading at an all-time low during April 2020. The co.....
Banning BBC another nail in the coffin of UK-China relations
February 13, 2021 10:28 AM GMT| By Team Kalkine MediaFollowing the UK’s media watchdog Ofcom decision to disallow China Global Television Network to broadcast in the UK, the Chinese authorities on Thursday banned the BBC from being aired in its country. The Chinese governm.....
