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3 Lessons To Learn From Chauvin’s Conviction In George Floyd Case
April 22, 2021 02:17 AM AEST| By Team Kalkine MediaThe world watched on Tuesday, April 20, as former Minneapolis police officer Derek Chauvin was convicted of murder and manslaughter in the George Floyd case. The 12-member jury, comprising six white and six black or multiracial people, found Chauvin...
Canada’s Annual Inflation Rate Spiked To 2.2% In March. Here’s Why
April 22, 2021 02:08 AM AEST| By Shreya BiswasSummary Canada’s Consumer Price Index (CPI) shot up by 2.2 per cent year-over-year (YoY) in March 2021, reported Statistics Canada. This was a notable increase from the 1.1 per cent YoY gain in February. On a seasonally adjusted monthly .....
Is A Sharp Dip In Bitcoin A Buy Call?
April 22, 2021 01:29 AM AEST| By AnujThe world’s largest blockchain-operated token has continued its rollercoaster ride after episodes of high volatility in 2021. Bitcoin was trading in the range of US$ 40,000 to US$ 50,000 in the month of February. On April 14, Bitcoin topped US...
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How To Invest In Lion Electric Stocks?
April 21, 2021 10:02 PM AEST| By Shreya BiswasSummary Investors’ interest in Lion Electric Company was renewed after reports said that IKEA and its delivery partner Second Closet plans to deploy 15 of its electric truck in Canada this fall. The Canadian carmaker created quite a buzz .....
3 Ether ETFs Debut in Equity Markets: Here’s How They Performed
April 21, 2021 07:53 PM AEST| By AnujAfter receiving Ontario Securities Commission’s nod, world’s first Ether Exchange Traded Funds (ETFs) started trading on the Toronto Stock Exchange this week. These ETFs closely track Ethereum’s performance to provide investors a .....
Unabated COVID-19 surge spooks foreign investors in India
April 21, 2021 05:13 PM AEST| By Furquan MoharkanThe unabated surge of COVID-19 in India has spooked many people, including the foreign investors, even as Indian Prime Minister Narendra Modi tried to allay fears about a new lockdown. Modi’s 15-minute address on 8.45 pm IST on Tuesday faile.....
Netflix misses subscriber growth targets
April 21, 2021 03:15 PM AEST| By Furquan MoharkanSummary Netflix misses the subscriber guidance of 210 million users The Company is facing challenges as economies open up Revenues continue to show double-digit growth The Silicon Valley-based content platform – Netflix Inc (NASDAQ:.....
No funny business: Dogecoin’s journey from a joke to US$41 billion cryptocurrency
April 21, 2021 02:06 PM AEST| By Furquan MoharkanSummary Dogecoin was founded as a parody in 2013 It has rallied by 7133% in 20 days of April Once a meme, it is now worth US$41 billion Global meme-makers may have made thousands of dollars using the social media platforms – Instagr.....
Global Players Charging Up Amid EV Race
April 21, 2021 02:01 PM AEST| By Team Kalkine MediaSummary Many countries are aiming to reach net-zero emissions by 2050 and have introduced new CO2 emission standards have bolstered the EV market. Last year, Tesla Inc. sales reached almost 0.5 million, a milestone set by the US automaker.....
Pandemic takes crude oil on a roller coaster ride
April 21, 2021 11:44 AM AEST| By Furquan MoharkanIn the past year, people have moved more and more away from safe haven assets to stocks, leading to an unprecedented rally in global stocks on back of liquidity surge. However, equities are not the best performing asset class. That accolade is owned...
Why Netflix remains the king of streaming giants
April 21, 2021 11:08 AM AEST| By Team Kalkine MediaOnline streaming sites have been gaining steam since the COVID-19 pandemic arrived. The huge success of Netflix prompted many Over-the-Top (OTT) players to test their luck in the subscription-based streaming business. Players such as Walt Disney (N.....
TSX Worst Dip in 7 Weeks on Rising COVID Cases
April 21, 2021 07:24 AM AEST| By Team Kalkine MediaCanada’s main stock hit its worst in seven weeks on depressed investors’ sentiments due to surging COVID-19 infections. The TSX Composite index also pulled back showing significant decline after Canadian National Railway’ bid of USD...
Exploring The ‘Non-Budgetary’ Part of Canada Budget 2021
April 21, 2021 05:31 AM AEST| By Team Kalkine MediaFederal budgets are usually seen as a document outlining the ruling government’s revenue and spending plans, along with some commentary on the upcoming year’s economic conditions. Canadian Finance Minister Chrystia Freeland, however, inc...
The Tax Element of Canada’s Federal Budget 2021
April 21, 2021 04:50 AM AEST| By Team Kalkine MediaCanada’s Federal Budget 2021, tabled by Finance Minister Chrystia Freeland on April 19, had two key aspects – spending and revenue. The former is a much-debated topic, owing to Canada’s high deficits and skyrocketing government debt...
Juventus Shares Slip 9% After 18% Gain on Super League Inclusion Plans
April 21, 2021 12:08 AM AEST| By AbhijeetSummary Shares of Juventus FC SpA retreated sharply in the afternoon deals on Tuesday, 20 April The stock witnessed immense selling pressure in the wee hours of trading On 19 April, shares of Manchester United and Juventus rallied on Super Lea.....
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Canada Budget 2021 Analyzed: How Freeland Invoked Keynes?
April 20, 2021 09:52 PM AEST| By Team Kalkine MediaFinance Minister Chrystia Freeland on Monday, April 19, unveiled plans for increased public investment at a time when it is direly needed. Many may be wondering how these investments would translate into a better tomorrow for Canada’s business...
Federal Budget 2021 Paves Way For More Jobs In Canada
April 20, 2021 08:17 PM AEST| By Team Kalkine MediaSummary Finance Minister Chrystia Freeland’s much-awaited Federal Budget 2021 focused majorly on economic regrowth. It aims to bring in rapid economic recovery and increase employment, the finance minister said. The government revealed p.....
Semiconductor Shortage Chipping Away at EV industry Production
April 20, 2021 07:17 PM AEST| By Team Kalkine MediaSummary The global auto industry is facing an acute shortage of semiconductors, derailing production estimates for 2021. The coronavirus pandemic-induced challenges hit supply chain of semiconductors last year. Though the auto industry picked u.....
A glance at five Important Cryptocurrencies other than Bitcoin and Ethereum
April 20, 2021 06:48 PM AEST| By Team Kalkine MediaSummary Besides Ethereum and Bitcoin, there are over 4000 cryptocurrencies, some of which have performed well in recent times and are worth examining. Litecoin, a decentralised peer-to-peer crypto, is currently trading at US$253.78 compared to .....
Countries move to ban travel from India as COVID-19 unleashes havoc
April 20, 2021 01:31 PM AEST| By Furquan Moharkanour next week India reported more than 250,000 cases for three days in row The countries across the globe have started to ban travel from India, as the world’s second most populous country is grappling with heavy surge in the COVID-19 cas...
