News
Crude oil marks worst run in four months as COVID-19 hits demand outlook
August 10, 2021 10:50 AM AEST| By Furquan MoharkanCrude oil prices are witnessing their worst run in about four months as concerns about the softened demand have resurfaced in the global oil market. The prices of Brent Crude Oil Futures for October 2021 have crashed 9.3% in the current month as the...
US stocks close flat on oil slide, covid fears
August 10, 2021 07:42 AM AEST| By Sanjeeb BaruahBenchmark US indices closed flat on Monday, August 9, as global oil prices tumbled amid rising delta virus concerns, deterring investors from exploring opportunities in the stock market. The S&P 500 fell 0.09% to 4,432.35. The Dow Jones declined...
TSX dips as oil prices fall, Endeavour & New Gold top losers
August 10, 2021 07:30 AM AEST| By Team Kalkine MediaCanada's main stock index ended lower on Monday, August 9, as oil prices declined in the wake of rising concerns over the Delta coronavirus strain. The energy sector fell 2.1% amid declining oil prices, while the base metal sector dropped 0.37%. How...
What is Harvest Finance?
August 09, 2021 11:23 PM AEST| By Suhita PoddarHarvest Finance is an automated yield farming protocol for investors who are willing to go for high-producing farming investment prospects. FARM protocol allows farmers who invest in cryptocurrencies to reap profit from DeFi (decentralized finance).....
Boston Dynamics Stocks: Is the robotics firm heading for an IPO?
August 09, 2021 10:29 PM AEST| By Raza NaqviWaltham-based robotics design company Boston Dynamics has once again drawn the attention of investors after it recently invited CBS's 60 Minutes team to visit its workshops. Boston Dynamics has disrupted the robotics industry with models like Atla.....
What are Zucoins? How much is the crypto worth?
August 09, 2021 07:35 PM AEST| By Daniel Paul JohnsOne of the biggest problems which has plagued cryptocurrency networks over the years is scalability. As cryptocurrencies have become more and more popular, there’s consequently been increased demand on transactions, which have, in turn, slow.....
America’s richest self-made women list welcomes 15 newcomers
August 09, 2021 06:38 PM AEST| By Daniel Paul JohnsSummary America’s richest women were given a boost by a booming stock market as well as an influx of IPOs which lifted the combined wealth to US$118 billion – a jump of 18%. ABC Supply co-founder Diane Hendricks tops the list of For.....
Five countries that suffered deadliest COVID-19 onslaughts
August 09, 2021 05:31 PM AEST| By Furquan MoharkanThe third wave of COVID-19 has started gripping the world. The end of the pandemic seems like a distant mirage. Many have become fearful and economies are suffering again. At this point in time, when people are concerned about the rising daily numbe...
APAC markets rise as China, Hong Kong shares rally
August 09, 2021 03:52 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific region surged on Monday morning, with indexes in Australia, Hong Kong and the Chinese mainland making gains. The gains in the region were led by the Chinese and Hong Kong markets. Chinese mainland shares w...
Larry Page’s New Zealand residency raises questions
August 08, 2021 03:21 PM AEST| By AayushSummary Larry Page has been granted the citizenship of New Zealand after entering the country even when its borders were closed due to the pandemic. He had applied under the “Investor Plus” category, requiring him to invest NZ.....
Berkshire Hathaway shows sign of recovery in its Q2 filings
August 08, 2021 01:18 PM AEST| 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.....
Bitbns to offer Bitcoin SIP for Indian winners at Tokyo 2020 Olympics
August 08, 2021 11:54 AM AEST| By AayushSummary India’s cryptocurrency exchange, Bitbns announced to award Indian medallists at the Tokyo 2020 Olympic games with “Bitcoin SIP.” The amount will be auto-credited for years to their account at regular intervals, which t.....
What is a flexitarian diet and should you adopt it?
August 08, 2021 12:55 AM AEST| 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 08, 2021 12:45 AM AEST| 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 08, 2021 12:43 AM AEST| 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 07, 2021 12:15 PM AEST| 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.....
Record-breaking heat waves threaten our world, warn scientists
August 07, 2021 10:05 AM AEST| By Ankit SethiClimate change is threatening the world. Countries like Canada, Cuba, and even Antarctica have logged record-high temperatures in the last two years. The planet is irrefutably becoming hotter at a fast pace. That we are not in the best of time...
TSX hits record high as unemployment dips in Canada, Loonie down
August 07, 2021 07:30 AM AEST| By Team Kalkine MediaCanada's main stock index closed at a record high on Friday, August 6, as the country reported a dip in its unemployment rate for the month of July 2021. The Canadian economy is said to have added around 94,000 new jobs in July amid part-time openin...
S&P 500, Dow Jones rise after strong jobs report
August 07, 2021 07:06 AM AEST| 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 07, 2021 12:15 AM AEST| 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.....