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News
Sumner Redstone, Man Who Shaped Modern Entertainment, dies at 97
August 13, 2020 03:12 AM AEST| By Team Kalkine Mediaater CBS. The two merged to form media mammoth ViacomCBS. Sumner Redstone – the billionaire media boss, business innovator and the man who gave shape to the modern entertainment industry – died late on Tuesday (March 11). He was 97....
S&P/TSX Composite Index Extending Gains on Tuesday
August 12, 2020 06:26 PM AEST| By Team Kalkine MediaThe benchmark index of the Canadian Sock Market- the S&P/TSX Composite Index extending gains of the previous session and was up by 22.59 points or 0.136% to 16,628.09 (at the time of writing At 9:45 a.m. ET (1330 GMT), as on August 11th, 2020). H...
McDonald's Suing Former Chief Executive – All That You Need to Know!
August 12, 2020 02:45 PM AEST| By Team Kalkine MediaIt's been eight months since McDonald's Chief Executive Steve Easterbrook was fired for allegedly sexting with a co-worker. After the revelation, ex- CEO apologised and left the company with tens of millions in compensation. On Monday, 10th Au.....
Cryptocurrency Trading on the Rise, Bitcoin Again Crosses USD 12K Mark
August 12, 2020 01:51 PM AEST| By Team Kalkine MediaSummary Amid COVID 19 crisis, bitcoin trading seems to gain a foothold, as it crossed the USD 12k mark twice in the recent weeks. Factors like pandemic-driven scenario, stock market volatility, ongoing geopolitical issues, and recent US Preside.....
Materials Drag S&P/Tsx Composite Index Lower On Tuesday
August 12, 2020 01:00 PM AEST| By Team Kalkine MediaThe benchmark indices of the Canadian stock exchange ended Tuesday’s session lower, with broader TSX Composite Index gauge giving up 108.49 points or 0.65% to 16,497.01 and TSX Venture Composite Index declining by 30.22 points or 4.04% to 771.4...
Despite Rising Employment Figures, Canada is Staring at Bumpy Economic Growth
August 12, 2020 03:48 AM AEST| By Kunal SawhneyCanada's job growth is trickling back, inch by inch. In July, the economy added 419,000 jobs while the jobless rate dropped to 10.9 per cent. A total of 1.66 jobs were regained in the last three months. Yet, the employment numbers are nowhere clos.....
CERB is ending for millions of Canadians. What Next?
August 12, 2020 03:45 AM AEST| By Team Kalkine MediaA week after Canada imposed sweeping countrywide lockdown to limit the spread of the coronavirus, Prime Minister Justin Trudeau unveiled a fiscal stimulus package which included an income replacement fund called the Canada Emergency Response Benefi.....
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Why has China Imposed Sanctions on 11 US Lawmakers and NGO Leaders?
August 11, 2020 08:47 PM AEST| By Team Kalkine MediaChanging global equations amid the ongoing unprecedented COVID 19 crisis are bound to give investors further sleepless nights. US and China, the most prominent economies in the world, are unable to remain amicable at these challenging times when id.....
Investing In Early-Stage Stocks On TSXV? Here Are 3 Filters To Narrow Your Options
August 11, 2020 03:28 PM AEST| By Team Kalkine MediaSummary Significant groundwork required to identify potential early-stage stocks with long-term returns Best-performing early-stage scrips have benefitted from societal trends and change in consumer patterns Analysis of multiple factors such a.....
Nature Flags Another Warning for the Growing Need to Address Global Warming
August 11, 2020 01:56 PM AEST| By Team Kalkine MediaThe impact of global warming and climate change is now not unprecedented with frequent natural disasters making headlines. There is a steady uptick in global temperature leading to extreme uncontrolled natural horrors such as the recent wildfire bl.....
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Facebook Gaming Hops on to Apple’s App Store
August 11, 2020 01:40 PM AEST| By Team Kalkine MediaSummary Facebook became one of the newest members to cash in on the gaming boom after it launched Facebook Gaming, for iOS devices on 7 August 2020, marking the end of six-month long submissions and rejection saga. Facebook Gaming app, which so.....
Saudi Aramco to make dividend payments despite the carnage in the battered oil sector
August 11, 2020 12:34 AM AEST| By Team Kalkine MediaSummary Aramco committed to diversify its product portfolio and strengthen its business strategy Royal Dutch Shell and BP to reduce carbon footprint and invest in renewable energy sources Oil producers trying to maintain a delicate balance bet.....
SOS: Everything you should know about Lebanon’s port explosion
August 10, 2020 10:02 PM AEST| By Team Kalkine Mediat rejected by the Lebanese President On the evening of Tuesday 4 August 2020, a large fire broke out at the port of Beirut, the capital city of Lebanon, located on the coast of the Mediterranean Sea. While the cause of the fire is being...
M&A World is Buzzing, C for COVID-19, C for Consolidation
August 10, 2020 09:42 PM AEST| By Team Kalkine MediaSummary In the beginning of the year 2020, Mergers and Acquisitions (M&A) deals were shelved owing to coronavirus crisis. Since June, M&A in the US saw a steep rise in megadeals above US$10 Billion. Mergers and Acquisitions deals are m.....
November is around the corner, Who is Wall street betting on?
August 10, 2020 08:51 PM AEST| By Team Kalkine MediaSummary The coronavirus pandemic is raising a question regarding Donald Trump being re-elected as the US president as the North American country, the most advanced economy of the world, failed in handling the virus spread effectively. Trump&rsq.....
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Nordic Country Denmark’s Stock Market Tops the Performance Table
August 10, 2020 08:32 PM AEST| By Team Kalkine MediaSummary Denmark has been able to restrict COVID-19 infections through proactive measures by Government, co-operation by its citizens, and perhaps due to its isolated location as Denmark only shares land border with Germany. The country has one .....
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China exports grow 7.2pc in July while clouds loom over Australia-China relations
August 10, 2020 07:50 PM AEST| By Team Kalkine MediaSummary China's exports rose 7.2% in July, while imports fell 1.4% compared to a year ago. The rise in exports came due to the rising demand for medical supplies, and automobiles as coronavirus restrictions eased around the world. China's trad.....
Dip for Chinese Tech Stocks – Do not Forget to Look at the 5 Tech-Related Trends
August 10, 2020 04:49 PM AEST| By Team Kalkine MediaSummary Subsequent to numerous actions taken by economies across the world against Chinese companies, specifically the US with its executive order has led to a fall in the share price of the Chinese companies such as Tencent and Alibaba, falling.....
RBA charts out Economic Recovery Forecasts apparently with 'No Vaccine Roll-out' assumption
August 10, 2020 03:11 PM AEST| By Team Kalkine MediaSummary A rise in the number of coronavirus cases in Victoria post June has deteriorated the broader outlook of the Australian economy. The economy is expected to shrink by 6% in 2020 with a growth of 5% in 2021, while the unemployment rate is .....
Equitable Distribution- A possibility or a repeat of 2009 pandemic?
August 09, 2020 02:43 AM AEST| By Team Kalkine MediaSummary WHO is working on a list of priority recipients comprising first-responder healthcare workers, the elderly and immunocompromised individuals. Most of coronavirus vaccines are already reserved, many countries are signing deals with vacci.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2025