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TSX Weighed Down By Energy, Metals & Mining Stocks; Doffs 127 Points
January 26, 2021 05:30 PM EST| By Team Kalkine MediaCanada’s main equity index closed in red on Wednesday with S&P/TSX Composite index giving up approximately 127 points or 0.71% to 17,779.41. During the day trading, the TSX Composite tested an intraday high of 17,945.01 and a low of...
Trillium, Docebo, & Aura: Top TSX Stocks On Traders’ Radar
January 26, 2021 12:20 AM EST| By Kunal SawhneyFollowing the COVID-19 led slump in March 2020, the S&P/TSX Composite Index bounced back by 56 per cent in the last three quarters of the year. The index gained 2.2 per cent last year, led by surge rallies in technology, biotechnology, and gold s...
Canadians Spent More On Shelter, Food & Beverages In 2020: Study
January 26, 2021 12:12 AM EST| By Hina ChowdharyA joint study by Statistics Canada, a Canadian government organization, and the Bank of Canada has shown that Canadians have spent more on shelter, home operations and equipment, health and personal care, and recreational beverages during t.....
Canada Frets As Biden Gears Up To Sign ‘Buy America’ Order
January 26, 2021 12:02 AM EST| By Kunal SawhneyCanada’s oil-dependent regions are already upset with new US President Joe Biden over Keystone XL’s demise. But the plans of an upcoming ‘Buy America’ order have left even more Canadian businesses worried. On the line...
Death of Loon Project, Google’s Bold Internet-For-All Bet
January 26, 2021 12:00 AM EST| By Kunal Sawhneyns for futuristic applications. Alphabet’s Loon balloons have shown how human ingenuity can help solve our complex problems. The project has failed not for the lack of expertise but because of the cost factor. Since its jo...
Merck (NYSE: MRK) terminates Covid-19 vaccine development programme
January 25, 2021 11:26 PM EST| By Kunal SawhneyNew Jersey-headquartered pharmaceutical giant Merck and Co. Inc (NYSE: MRK) said on Monday, 25 January, that it has terminated its Covid-19 (SARS-CoV-2) vaccine development programme. The decision to discontinue the vaccine programme is based on&nb.....
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TSX Index Surges Over 60 Points As Tech, Industrial Stocks Rally
January 25, 2021 05:00 PM EST| By Team Kalkine MediaCanada’s benchmark TSX Composite Index charged up by over 60 points on Monday, January 25, after strong stock performance by tech, industrial, academic, and consumer non-cyclical segments. The index was up by 60.11 points, or 0.16 percent, to...
Bitcoin Takes a Breather After Worst Week Since March 2020, What’s Next?
January 25, 2021 10:24 AM EST| By Hina ChowdharyBitcoin prices are finally taking a breather after witnessing two consecutive worst weeks since its rally began in March 2020. Also Read: Ether At All-time High; Outperforming Bitcoin, Things You Should Know! Speculative Reasons Behind the Recent P...
Gung-ho about crypto? Here are 5 tips on how to trade Bitcoin
January 26, 2021 02:15 AM AEDT| By Kunal SawhneySince Bitcoin kicked off its rally from US$11,000 all the way to US$42000, it has been on the radar of many traders and investors. On top of that, seeing big funds and billionaire investors getting their hands on Bitcoin might give the retail trade.....
Churchill (CCIV) Stocks Up 123% YTD On Lucid Motors Merger Hopes
January 25, 2021 08:32 AM EST| By Hina ChowdharySummary Churchill Capital shares rose to their highest level ever at US$ 22.67 on Friday, January 22. The blank check company issued an official statement on January 19, saying that it will “not comment” on inquiries pertaining to a.....
Novavax (NVAX) Stocks Up As Canada Agrees To Buy 76-Mn Vaccine Shots
January 25, 2021 04:42 AM EST| By Team Kalkine MediaSummary Novavax has received an advance order from Canada for its COVID-19 vaccine candidate NVX-Cov2373. Its stocks climbed nearly 4 per cent on this agreement. The biotech scrips are 1532 per cent up in one year, led by the US government fund.....
China dethrones US as the highest FDI recipient in 2020
January 25, 2021 02:28 AM EST| By Team Kalkine MediaAccording to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year, surpassing the FDI inflow received by the US worth US$134 billion. The UN published its Investment.....
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Fire at serum institute, will this impact vaccine rollout?
January 24, 2021 10:18 PM EST| By Hina ChowdharyOn 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire. The S.....
6 Celebs Who Made It Big In The World Of Business
January 24, 2021 12:41 AM EST| By Hina ChowdharyThere is almost always an underlining debate going on about whether a said celebrity deserves the accolades they have received for their acting or singing chops. And while we common folk keep brewing over that, some of these celebrities use their fam...
As Julie Payette Quits, Debate Over Canada’s Governor General Post Reignites
January 23, 2021 10:44 PM EST| By Kunal SawhneyCanadian Governor General Julie Payette submitted her resignation on Friday, January 22, amid a swirl of bullying and harassment accusations. Ms Payette, who is the representative of Queen Elizabeth II to Canada, steps down from her post while bein.....
1.3 Mn Canadians Collected EI Benefits in Nov 2020, 49% Of Them Women
January 23, 2021 10:28 PM EST| By Kunal SawhneyAbout 1.3 million Canadians received Employment Insurance (EI) benefits in the month of November 2020, a number that was down by 3.4 per cent from a record level of 1.4 million in October, reported Statistics Canada. A Labor Force Survey (LFS) fou.....
Iconic Talk Show Host Larry King Dies At 87
January 23, 2021 10:28 AM EST| By Team Kalkine MediaLarry King, the iconic American talk show host and journalist, who charmed millions with his TV and radio programs, breathed his last on January 23, 2021. He was 87. Mr King passed away at Cedar-Sinai Medical Center in Los Angeles, US, said a statem...
Ether At All-time High; Outperforming Bitcoin, Things You Should Know!
January 23, 2021 08:24 AM EST| By Kunal SawhneyEthereum or Ether, the world’s second largest cryptocurrency has climbed an all-time high of USD 1,429.00. The cryptocurrency is a major token that empowers the ethereum blockchain network, on which a majority of DeFi-based applications are bei...
Investors Gung-Ho on Electric Vehicle Start-up Rivian
January 23, 2021 08:22 AM EST| By Hina ChowdharyThe electric vehicle space has been revving up lately, on account of growing support from consumer, industry, and government for the transition to clean fuel vehicles. With technological advancements and rollout of new models, the future looks brig.....
What Did Trudeau & Biden Discuss In First Official Call?
January 23, 2021 06:06 AM EST| By Team Kalkine MediaWith a backdrop of Canadian oil producers still fuming over the Keystone XL project cancelation, Prime Minister Justin Trudeau on Friday had his first official phone chat with new US President Joe Biden since he took office. Reports quoting official...
