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Berkshire Hathaway shows sign of recovery in its Q2 filings
August 07, 2021 11:18 PM EDT| By AayushSummary Berkshire Hathaway’s operating income for the second quarter shot up by 21% to US$6.69 billion. The conglomerate repurchased a massive US$6 billion worth of its own stock in the second quarter, totalling to US$12.6 billion i.....
What is a flexitarian diet and should you adopt it?
August 07, 2021 10:55 AM EDT| By Team Kalkine MediaThe word flexitarian comes from the words flexible and vegetarian. It means having a flexible approach to your diet that combines both vegetarian and non-vegetarian food. Simply put, be vegetarian most of the time but also eat meat once in a while......
How Square went from being a tech start-up to shaking up the BNPL space
August 07, 2021 10:45 AM EDT| By Team Kalkine MediaSummary US digital payment platform Square has done exceptionally well on the NYSE, growing from US$9 a share in late-2015 to US$281.81 on 5 August 2021. Cash App & Point-of-sale system are some of the finest products offered by Square that.....
Digitalisation in healthcare space: A look at the pros and cons
August 07, 2021 10:43 AM EDT| By Tripti JoshiSummary The primary aim of digitalisation in healthcare is to facilitate the circulation of data between patients and healthcare service providers. Digitalisation accelerates workflows, improves security for hospitals and medical staff, and off.....
How to biohack: Will it rule the trends in future?
August 06, 2021 10:15 PM EDT| By Team Kalkine MediaSummary People use biohacking as a tool to stop ageing or get relief from medical conditions. Some enthusiasts go beyond the simple methods and start body augmentation to boost performance. For example, they implant chips in the body to carry o.....
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S&P 500, Dow Jones rise after strong jobs report
August 06, 2021 05:06 PM EDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Industrial Average ticked up after the Labor Department reported strong jobs growth in July, but NASDAQ Composite declined as technology heavyweights wavered. The S&P 500 was up 0.17% to 4,436.52. The Dow Jones gain...
What is fintech and what are its major applications?
August 06, 2021 10:15 AM EDT| By Sonal SinhaSummary Fintech, or financial technology, refers to emerging technologies that help financial institutions enhance the delivery of their services. Fintech supports customers, corporates, and business owners better manage their financial o.....
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Covid vaccine: Why Novavax's approval process is getting delayed
August 06, 2021 06:47 AM EDT| By Kamalika GhoshSummary Novavax Inc announced that it would delay its application for emergency use authorisation to FDA until Q4. The company said it has filled for regulatory authorisation in India, Indonesia and the Philippines. The share prices of t.....
How are APAC markets faring on the last day of the week?
August 06, 2021 04:43 AM EDT| By Furquan MoharkanThe equity markets across the Asia-Pacific (APAC) region, with exception of Japan and Australia, were trading in the red. The negative sentiment in the markets crept as investors awaited the release of a closely watched US jobs report. The private s...
Important steps to safeguard your business from cyber attacks
August 06, 2021 01:55 AM EDT| By Sonal SinhaSummary Despite advancements in technologies, cyber attacks remain a significant concern for governments, businesses, and people. Malware, phishing, denial of service attacks, password cracking, ransomware are the common forms of cyber attack. .....
Why WHO wants rich nations to defer COVID-19 booster jabs
August 05, 2021 11:59 PM EDT| By Team Kalkine MediaThe outbreak of the COVID-19 pandemic saw no bounds. The virus did not discriminate on the basis of gender, religion, or riches. By the same token, our response to the pandemic too needs to be even-handed if we wish to end it. However, the present .....
Biden revs up EV push, sets goal for 2030
August 05, 2021 10:53 PM EDT| By Furquan MoharkanUS President Joe Biden aims at making half of the country’s auto fleet electric by 2030, in a bid to slash US greenhouse gas emissions. Mr Biden signed an executive order on Thursday setting the move into motion. “I’m signing an e...
What exactly is London Hard Fork and how will it transform Ethereum?
August 05, 2021 10:16 PM EDT| By Furquan MoharkanThe world’s second largest cryptocurrency, Ether, is set to see an upgrade as open-source blockchain Ethereum has undergone a major revamp in the form of ‘London Hard Fork’. The upgrade was done on 5 August 2021 and since then the p...
Robinhood fails to win investors on NASDAQ debut
August 05, 2021 02:45 AM EDT| By Team Kalkine MediaSummary The share price of Robinhood Markets Inc on its first day of trading closed at US$34.82, which is 8.36% less than the Company’s initial public offering price of US$38.00. Robinhood Market Inc shares are trading on Nasdaq under the.....
What’s happening in APAC markets today?
August 05, 2021 01:00 AM EDT| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were mixed on Thursday, with Japan and Australia basking in the green, China mixed and South Korea in the red. Investors were closely tracking the Hong Kong-listed shares of firms related to t...
Tencent CEO Pony Ma has US$14 billion wiped off his fortune; here’s why
August 04, 2021 10:48 PM EDT| By Furquan MoharkanMa Huateng, also known as Pony Ma, is the founder and Chief Executive of Asia tech major Tencent Holdings Ltd. Mr Huateng is among the top six richest Asians – just one rank below Jack Ma of Alibaba Holding Ltd. But he seem to be running out o...
Robinhood shares rally 100% this week
August 04, 2021 09:09 PM EDT| By Furquan MoharkanShares of California-based American financial services company Robinhood Markets Inc (NASDAQ:HOOD) have rallied 100% in the current week, as the stock surged by a whopping 50.41% overnight in Wall Street. During the day, the trading of the company&r...
US stocks slip on weak jobs data
August 04, 2021 06:04 PM EDT| By Sanjeeb BaruahThe blue-chip S&P 500 and Dow Jones Industrial Average declined from the previous close, and the tech-heavy NASDAQ Composite closed flat on Wednesday, August 4, after weak jobs data failed to enthuse the investors in a lacklustre session marked b...
APAC markets mixed: ASX200 tries to shed policy blues, China tech tumbles
August 04, 2021 12:30 AM EDT| By Furquan MoharkanSentiments in the equity markets across the Asia Pacific region were mixed on Monday as investors got mixed cues from different countries. Morgan Stanley Capital International’s broadest index of Asia-Pacific shares outside Japan traded 1.46%...
Deadlier than Spanish Flu? Global COVID-19 caseload tops 200 million mark
August 03, 2021 10:53 PM EDT| By Furquan MoharkanThe ongoing COVID-19 pandemic has breached yet another unwanted milestone in its one-and-a-half-year life: more than 200 million people have contracted the virus. Yes, on Tuesday, as the world reported 601,293 fresh daily cases and almost 10,000 dai...
