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Singapore Is Out Of Recession: Economy Grows 0.2% In Q1
April 13, 2021 11:29 PM EDT| By Furquan MoharkanSingapore’s Marina Bay Sands super mall is the largest and most luxurious shopping mall in Asia. Image Source: Ypa249834814 | Megapixl.com Singapore, the Southeast Asian country, has finally emerged out of the recession, as its economy grew ma...
White House in firefighting mode after pause on J&J jabs
April 13, 2021 09:08 PM EDT| By Furquan MoharkanSource: RajCreatives, Shutterstock Summary 6 bloodclots reported among the US citizens after J&J vaccine CDC, FDA analysing the data in clots Australia has also been guarded about usage of AstraZeneca vaccine The White Hou...
Opinion: Banks may be reluctant lenders this year
April 13, 2021 12:38 AM EDT| By Furquan MoharkanRepresentative Image: A still-life with a home loan mortgage application, home loan calculator on smartphone and keys. © Cammeraydave | Megapixl.com Banks across the world are more likely to be reluctant lenders in this calendar year, whic...
Uber clocks record bookings in March on vaccination boost
April 13, 2021 12:10 AM EDT| By Team Kalkine MediaSource: Viacheslav Lopatin, Shutterstock Summary Uber’s gross bookings touched record high in March as consumer demand revives. Mobility business’ annualised gross bookings crossed a $30 billion run rate, up 9% on a month-over-mont...
WHO says COVID surge is ‘exponential’ right now
April 12, 2021 09:12 PM EDT| By Team Kalkine MediaA picture of a closed shop, due to the surge of novel Coronavirus COVID-19 pandemic, © Chfonk | Megapixl.com The World Health Organisation (WHO) has said that COVID surge has been “exponential” across the globe, as epicentre of...
New Upside Rally for PVH Corporation on the Cards?
April 12, 2021 07:06 AM EDT| By Team Kalkine MediaSource: Daniel Fung, Shutterstock Summary PVH Corp. (NYSE: PVH) prices almost quadruple in the 8 months (from March 2020 to January 2021) and made a new 52-week high. On the daily time frame chart, PVH Corp. prices are forming ascending triang...
Evolution Gaming Seals Deal to Acquire Big Time Gaming for EUR450M
April 12, 2021 04:56 AM EDT| By Furquan MoharkanSource: Emanuele Ravecca, Shutterstock Sweden-headquartered Evolution Gaming Group AB (NASDAQ:EVO) is set to acquire Big Time Gaming Pty Ltd in a deal worth EUR450 million to expand its strategic footprint. The deal will be executed through payment...
Investors lose US$83 billion in one hour in India
April 12, 2021 01:24 AM EDT| By Furquan MoharkanSource: Indypendenz, Shutterstock The investors in Indian equities lost a whopping INR 6.24 trillion (US$73 billion) in the first hour of trade, on back of raging pandemic in the world’s second most populous country. Copyright © 2021 K...
Saudi Aramco Raises $12.4 Bn By One of The World’s Largest Energy Infra Deals
April 11, 2021 03:00 AM EDT| By AbhijeetSource: 63ru78, Shutterstock Summary Saudi Aramco will be selling a minority stake in a newly formed Pipeline Rights Unit. The deal involves 25-year lease-and-lease-back agreement and the company will be getting an upfront payment of around $1...
Alibaba Fined A Record $2.75 Billion By Chinese Authorities
April 11, 2021 02:51 AM EDT| By Suhita PoddarSource: Andrii Yalanskyi, Shutterstock Summary The Chinese tech behemoth owned by one of the most successful entrepreneurs Jack Ma has been fined $2.75 billion for abusing its dominant market position The latest fine amounts to 4 per cent of t...
India’s Rising COVID Cases A Cause of Worry
April 10, 2021 06:25 PM EDT| By Furquan Moharkan© Marbenzu | Megapixl.com The rising Covid-19 cases in world’s second most populous country – India – is a very worrying trend for the global economy. The country has been hit by the second wave of the highly contagious virus...
Tech stocks, BNPL players taking stock markets higher
April 10, 2021 05:19 PM EDT| By Team Kalkine MediaSource: TZIDO SUN,Shutterstock As major economies of the world continue to shake off the damages done by the pandemic, the major stock markets have also started to shine, showing signs of positivity. Out of all the significant indices, it woul...
Will JPMorgan Continue to Soar?
April 09, 2021 04:20 PM EDT| By Team Kalkine MediaSource: pcruciatti, Shutterstock Summary JPMorgan Chase & Co. (NYSE: JPM) hit a new lifetime high and delivered a return of ~27 percent in the last three months. JPM Stock prices are trading in a rectangle channel formation on the daily ch...
What Does IMF’s World Economic Outlook Say in Detail?
April 09, 2021 04:10 PM EDT| By Furquan MoharkanSource: MuhsinRina, Shutterstock When the International Monetary Fund (IMF) raised global growth forecast in its April update, there was a certain degree of jubilation across the globe, which has been crippled by once a century pandemic. The global...
Prince Philip, Queen Elizabeth II’s Husband, Passes Away At 99
April 09, 2021 10:33 AM EDT| By Team Kalkine MediaSource: Pixabay Prince Philip, husband of Britain’s Queen Elizabeth II, passed away on Friday, April 9, the Buckingham Palace has announced. He was 99 years old. The palace wrote in its official statement that the Duke of Edinburgh “pas...
AstraZeneca’s COVID-19 vaccine: A look at recent challenges
April 09, 2021 02:09 AM EDT| By Team Kalkine Mediae links of blood clots after the administration of AstraZeneca’s jab. The COVID-19 vaccine manufactured by Oxford University and AstraZeneca Plc (LON:AZN) has been a part of controversy amid several nations suspending the vaccine's use, in...
How Does NZ Government Plan To Lessen Carbon Emissions?
April 08, 2021 04:00 PM EDT| By Team Kalkine MediaSource: kamilpetran, Shutterstock Summary Countries across the globe are increasingly becoming aware of climate change and harmful carbon emissions. Paris Agreement 2020 to limit global warming to 2°C and the US plans to host Climate Leade...
Kim Kardashian makes her debut on the billionaires’ list
April 08, 2021 03:15 AM EDT| By Team Kalkine Mediaenner clan. As per Forbes, Kim Kardashian is currently worth USD 1 billion. From a Twitter influencer to a billionaire in a span of 10 years, the story of Kim Kardashian indeed needs to be told. Kim first appeared in Forbes in 2011 for her nea...
Banks Can Take a Leaf Out of Jamie Dimon’s Speech
April 08, 2021 01:38 AM EDT| By Furquan MoharkanSource: Johnstocker Production, Shutterstock In his annual speech to the shareholders, the CEO of world’s fifth largest bank JP Morgan (NYSE: JPM) – Jamie Dimon – highlighted the importance of guarded approach that any financi...
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IMF ups the growth forecast; India to grow fastest
April 06, 2021 10:46 PM EDT| By Team Kalkine MediaSource: kan_chana, Shutterstock Aided by a lower base, the International Monetary Fund (I.M.F.) expects the world economy to rebound by 6% in 2021, after a complete economic washout in 2020 due to Coronavirus pandemic. © Bumbleedee | Megapix...
