World news
Wall Street ends higher as financials, consumer stocks lead gains
October 15, 2021 02:25 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Friday, October 15, buoyed by robust quarterly results of financial majors Goldman Sachs and Charles Schwab and others. The S&P 500 rose 0.75% to 4471.37. The Dow Jones rose 1....
Digital gift card retailer Prezzee to be listed on ASX soon
October 15, 2021 08:56 PM AEDT| By Priyanka PayalHighlights Prezzee Pty Limited is considering getting listed on the stock market soon. Studies indicate that the gift-card market could expand from AU$838 billion in 2019 to AU$2.81 trillion by 2027. Prezzee, which operat.....
North Australian Cattle Company now has a new owner
October 15, 2021 08:16 PM AEDT| By Sonal GoyalHighlights North Australian Cattle Company (NAAC) has come out of voluntary administration with new owner. The managing director of NAAC, Ashley James has taken over the NACC. The company went into administration due to disagreement amon.....
Here’s NSW’s A$66M package to lift outdoor activities post lockdown!
October 15, 2021 07:47 PM AEDT| By Priyanka PayalHighlights On Thursday, the NSW Government announced Alfresco Restart package worth AU$66 million to boost outdoor dining and hospitality business in Australia post lockdown. The decision was taken in view of the decline in COVID-19 cases.....
NSW government roll-out COVID-19 digital vaccination certificate
October 15, 2021 02:27 PM AEDT| By Sonal SinhaHighlights NSW has announced that the COVID-19 digital certificate has begun rolling out to the overall state. Only a fully vaccinated person would get a COVID-19 digital certificate. Through this app, users can enter the premises hassle free......
US stocks close higher on strong earnings reports
October 14, 2021 03:04 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 14, boosted by strong quarterly results of major banks and upbeat economic data that helped alleviate investors’ concerns. The S&P 500 was up 1.71% to 4438.26. The Dow Jones rose 1.56...
Is China’s loss in crypto mining space US’ gain?
October 14, 2021 03:48 PM AEDT| By Jasmine AnandWith the Chinese government declaring a blanket ban on all sorts of crypto activities in the country, its share of global Bitcoin mining has plummeted to almost zero. According to a research conducted by the Cambridge Bitcoin Electricity Consumpti.....
US stocks close flat after inflation data
October 13, 2021 02:58 PM PDT| By Sanjeeb BaruahBenchmark US indices closed flat on Wednesday, October 13, after government data showed inflation rose in September, increasing the possibility of stimulus tapering sooner than expected. The S&P 500 was up 0.30% to 4,363.80. The Dow Jones stayed...
What is proton (XPR)?
October 13, 2021 04:25 PM AEDT| By Jasmine AnandWith a massive rise in the popularity of Bitcoin, many tech-savvy investors are keen to invest in the crypto market. This has given a rise to the advent and creation of many new cryptos, equipped with the latest and unique features. One such new cr.....
India’s power grids are struggling to meet the resurgent energy demand
October 13, 2021 01:20 PM AEDT| By Arpit VermaIndia has faced a persistent shortage of electricity since the beginning of October as the country’s power plants were unable to fulfill the rising electricity demand as the economy rebounds after last year’s coronavirus recessions. Th.....
US stocks close in red amid inflation concerns
October 12, 2021 03:20 PM PDT| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, October 12, dragged down by bluechip technology and healthcare stocks as investors trudged cautiously amid inflation concerns. The S&P 500 fell 0.24% to 4,350.65. The Dow Jones fell 0.34% to 34...
What is Sri Lanka doing to entice investments in blockchain?
October 12, 2021 02:55 PM AEDT| By Jasmine AnandHighlights In order to create a crypto-friendly business environment, Sri Lanka announces setting up a committee to study the regulatory framework related to crypto mining and blockchain technology. The committee was proposed in order to attrac.....
Sydney re-opens after four months as Aussies decide to live with COVID-19
October 12, 2021 01:48 PM AEDT| By Furquan MoharkanHighlights Sydney re-opens after a four-month lockdown. Cases have drastically come down in the past month. 74% of the population has been vaccinated. Sydney, the capital of Australia’s most populous state – New South Wales (N.....
Chevron pledges to achieve net operational neutrality by 2050
October 12, 2021 01:25 PM AEDT| By Arpit VermaThe American multinational energy corporation, Chevron Corp on Monday decided to set targets for cutting and reducing operational emissions and become carbon neutral by 2050. This would be a significant step for the company to join the league for t.....
US stocks drift on skyrocketing oil prices, inflation worries
October 11, 2021 03:34 PM PDT| By Sanjeeb BaruahBenchmark US indices closed lower on Monday, October 11, dragged down by losses in utility, healthcare, and technology stocks amid rising global oil prices that renewed inflation concerns. The S&P 500 was down 0.69% to 4,361.19. The Dow Jones fe...
Hefty fine on Meituan sparks rally in China tech shares
October 11, 2021 07:43 PM AEDT| By Furquan MoharkanHighlights Shares of Chinese tech giants in Hong Kong have surged. Meituan leads the surge in Chinese tech shares. ASX 200 has underperformed its peers in the regional rally. Shares of Chinese online retail platform Meituan on Monda.....
Knitting values of saffron in India, Iran & Spain
October 11, 2021 07:10 PM AEDT| By Toshiva JainImage source: © Viperagp | Megapixl.com Saffron flowers Saffron, the golden flower, carries rich ancient history, and it is one of the elitist spice in the world. The rich-golden-hue coloured saffron has multiple usages, from food to praye...
Why are Ripple and Polkadot’s prices surging?
October 11, 2021 03:44 PM AEDT| By Jasmine AnandHighlights Crypto prices have witnessed a climb over the past week, with prices of major cryptocurrencies, including Bitcoin and Ethereum, experiencing upwards price trends. Other famous cryptos like Ripple and Polkadot too have witnessed a sha.....
Lessons from the Google Chrome hack
October 11, 2021 02:35 PM AEDT| By SamtaHighlights Around 2.6 billion Google Chrome users are on high alert after the company confirmed multiple new high-level hacks. The company has confirmed an exploit of CVE-2021-37973, exists in the wild. Hackers have attacked the browser by do.....
Asia Pacific has its rep in US$100 billion rich club: India’s Mukesh Ambani
October 11, 2021 11:07 AM AEDT| By Furquan MoharkanIndia’s richest man Mukesh Ambani has made to the elite US$100-billion rich list – and is the first person from the Asia Pacific region to do so. Mr Ambani is valued at a whopping US$101 billion, as his net worth has surged 31% or US$2.....
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