News

South Africa suspends Oxford-AstraZeneca vaccine rollout 

South Africa has temporarily suspended the rollout of Oxford-AstraZeneca vaccine after a study claimed that the vaccine provided minimum pro...

Siemens Gamesa grabs a piece of UK’s lucrative wind generation marke...

Belfast-headquartered Scottish Power Renewables (SPR) has shortlisted Spain-based Siemens Gamesa Renewable Energy, S.A. (SGRE) to suppl...

U.S. EIA Anticipates Crude Oil Production to Surpass 2019 Peak

The United States Energy Information Administration (EIA) anticipates the U.S. crude oil production to rebound to another record high in 2023 after ta...

All You Need To Know About Kuaishou That Made a Splash with $5bn IPO

The post-pandemic period would belong to technology. Lending weight to this notion is the recent enormously successful debut of Chinese firm Kuaishou...

Three US giants declaring earnings this week

The earnings season in the US is going on, and this week could be crucial as three of the market’s favourites are about to declare their earning...

Top three GameStop stock’s alternatives

The GameStop (NYSE:GME) mania was one of the most hyped short squeeze events in the US. However, the buying frenzy seems to be running out of steam. G...

Ethereum Hits All Time High! Will It Cross $2,000-Mark?

Ethereum rose to a record high of US$ 1,761.35 on Friday, February 5, 2021, as the cryptocurrency market rallied. The world’s second-largest vir...

Can Microsoft’s Bing impress Australians if Google opts out?

  Adding another chapter to the ongoing war between Australian Federal Government and the US tech giant duo Facebook and Google, Microsoft has j...

What is Dogecoin and why it is making a splash?

  Dogecoin is a cryptocurrency just like Bitcoin but with a much smaller market cap (about $6 billion). The currency was invented by two softwar...

SoftBank Files IPO For 2 New SPACs

  Multinational conglomerate SoftBank Group Corp (TYO: 9984, SFTBF:US) filed for the initial public offering of two more of its blank check comp...

Canada’s December Trade Deficit Reduced To C$1.7bn As Exports Surge

Canada’s trade deficit reduced by half to C$1.7 billion in December 2020, compared to the previous month as exports saw steady growth, the gover...

 Ford Doubles Investment on EVs, Warns About Profit Decline 

  US-based automotive giant Ford (NYSE: F) has decided to nearly double its investment in electric vehicles (EVs) to US$ 22 billion through&nbsp...

TSX Powers Through Job Loss & Trade Deficit, Ends At Record Levels

S&P/TSX Composite, the key Canadian bourse ended Friday’s trading session at record high levels, even as the domestic job markets posted dis...

Canada’s Employment Falls Drastically In Jan 2021 Amid COVID Lockdow...

Summary Canada’s unemployment levels shot up by 0.6 percentage points to 9.4 per cent in January, the highest surge since August in 2020. As...

Glencore Reports Bleak 2020 Numbers As Pandemic Bites

Anglo-Swiss multinational commodity mining and trading company, Glencore plc has unveiled its 2020 full-year production report with a significant fall...

Better than injection? All about nasal COVID-19 vaccines in the pipe...

The intramuscular route has been thought of as the ultimate way to administer a vaccine. However, intranasal vaccines have multiple advantages of thei...

Advertising Platform Magnite Inc Buys Spotx for $1.17bn

Magnite Inc (NASDAQ: MGNI), one of the largest independent sell-side advertising forums, has signed an agreement to buy SpotX, a video advertising gro...

What Is A Meme Stock? Why Is It Trending?

Summary Reddit-based retail investors took on bearish analysts and caused a wild upswing for shorted stocks like GameStop (NYSE:GME, GME:US), Black...

Elon Musk, Back On Twitter, Sends Dogecoin Surging By 50%

Tesla CEO Elon Musk, back from a two-day Twitter break on Thursday, sent meme-based cryptocurrency Dogecoin surging by over 50 per cent to US$0.059 af...

Technical Overview of Global Tech Giants- Microsoft Corporation and...

Microsoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245...