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White House in firefighting mode after pause on J&J jabs
April 14, 2021 11:08 AM AEST| 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...
TSX Posts Marginal Rise On Improving Oil Prices
April 14, 2021 07:20 AM AEST| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. Canadian TSX Index moved up marginally by 0.1% on Tuesday to 19203.7 aided by recovery in oil prices due to strong import data from China. Additionally, investors optimism for the strong US economic recov...
Bitcoin Breaches US$63K Mark Ahead Of Coinbase’s Public Debut
April 14, 2021 12:52 AM AEST| By AnujSource: Andreanicolini, Shutterstock Bitcoin crossed the US$ 63,000-mark for the first time on Tuesday morning, April 13, a day before US crypto exchange Coinbase Global Inc is set to go public on the NASDAQ via a direct listing. The crypto exchange...
Canada Federal Budget 2021: Will The Trudeau Govt Impose These Taxes?
April 13, 2021 09:50 PM AEST| By Team Kalkine MediaSource: Natee Meepian, Shutterstock Summary Canada's Finance Minister Chrystia Freeland is all set to present the country's 2021 Federal Budget next Monday, April 19. Coming after a two-year gap since March 2019, the government is expected to...
Opinion: Banks may be reluctant lenders this year
April 13, 2021 02:38 PM AEST| 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 02:10 PM AEST| 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 13, 2021 11:12 AM AEST| 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 09:06 PM AEST| 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...
Telesat's Fast Broadband Project Makes Noise: When's The IPO?
April 12, 2021 07:49 PM AEST| By Shreya BiswasSource: VideoFlow, Shutterstock Summary Reports about Telesat Inc going public has been around since November last year, but its stocks are yet to hit the equity market. Investors are showing interest in the Canadian satellite communications e...
Rritual Superfoods to roll out its premium brand in Rite Aid stores across the US
April 12, 2021 07:35 PM AEST| By Team Kalkine MediaRritual is targeting national retailers instead of regional rollouts to gain market share. A functional superfood company, Rritual Superfoods Inc (RSF:CSE), recently updated the market with the launch of its premium brand of functional superfoo....
Evolution Gaming Seals Deal to Acquire Big Time Gaming for EUR450M
April 12, 2021 06:56 PM AEST| 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 03:24 PM AEST| 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...
Altan Rio (TSXV: AMO.H) strikes high-grade gold mineralisation in Southern Cross
April 12, 2021 01:21 PM AEST| By Team Kalkine MediaSource: A_stockphoto, Shutterstock Summary High-grade gold intercepts received from drilling campaign at the Pilot deposit. Drilling confirmed the presence of up to mineralising systems with +1 g/t of gold zones. The Pilot gold deposit exhibi...
Pilot proving its gold worth to Altan Rio
April 12, 2021 01:15 PM AEST| By Team Kalkine MediaSource: Billion Photos, Shutterstock Summary Altan Rio undertook a Downhole EM survey on two of the drill holes on the Pilot deposit. The survey identified sulphide-rich zones intersected in drillhole PARC005 and indicated possible high-grade...
Saudi Aramco Raises $12.4 Bn By One of The World’s Largest Energy Infra Deals
April 11, 2021 05:00 PM AEST| 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 04:51 PM AEST| 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...
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3 Best Canadian Growth Stocks To Buy Now!
April 11, 2021 02:53 PM AEST| By Ipsita Sarkarturns A typical growth stock trades above market price or P/E ratio Just as the Canadian economy was on the path of recovery from the COVID-19 crisis, markets witnessed a sharp dip in tech stocks. This happened particularly due to inves...
What’s in President Biden’s 2022 Budget Proposal
April 11, 2021 01:32 PM AEST| By Team Kalkine Mediahike in government spending, a whopping 40% increase from the 2021 fiscal year. President Joe Biden is seeking more funds for education, healthcare, and renewable energy and research in a budget outline for next year released by the White House....
Wheat Futures taking a breather?
April 11, 2021 10:31 AM AEST| By Team Kalkine MediaSource:sutadimages, Shutterstock Summary Global production of Wheat hit record levels in March 2021 thanks to bumper crop in Australia. Wheat Futures prices soared during June 2020 to January 2021 and witnessed a gain of ~48 percent. Despite...
India’s Rising COVID Cases A Cause of Worry
April 11, 2021 08:25 AM AEST| 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...
