AUS
NZ
UK
CA
USA
IND
News
Corporates rush to grab a bite of the Bitcoin rally
January 16, 2021 08:32 AM EST| By Hina ChowdharyBitcoin, the cryptocurrency which started trading in 2009, has sparked off a new trend of blockchain technology and is now being implemented across industries from banking to diamonds. Bitcoin Daily Price Quote 5-year as on 15 January 2021 Chart.....
The Who’s Who of Joe Biden’s US Cabinet
January 16, 2021 08:29 AM EST| By Team Kalkine MediaUnited States President-elect Joe Biden is set to take over the White House next week and his nominated list cabinet members are at the ready. With Democrats having a majority in the Senate, Biden is likely to get the people he has nomin...
TSX Doffs 49+ points; Ballard Power & Therma Bright Top Losers
January 15, 2021 05:50 PM EST| By Team Kalkine MediaThe leading index of the Toronto Stock Exchange, S&P/TSX Composite Index, closed 49.06 points or 0.273% lower at 17,909.03 on Friday. Sectors like Academic & Educational Services and Energy slipped ~6.22% and ~2.15%, respectively, while Consu...
Alimentation Couche-Tard To Invest US$3.6 Billion In Carrefour To Push Takeover Bid
January 15, 2021 01:21 PM EST| By Team Kalkine MediaCanadian retail giant Alimentation Couche-Tard (TSX:ATD.B, ATD.A) is planning to pump US$3.6 billion in French grocer Carrefour SA over the next five years in an attempt to save its takeover bid. French Finance Minister on Friday, January...
25th Amendment Explained: What is it and How does it work?
January 15, 2021 12:09 PM EST| By Team Kalkine MediaMany unpleasant events have unfolded since the most talked-about 2020 US presidential election outcomes. But the recent mayhem at the Capitol Hill in Washington stunned the world. The march of Trump's supporters into the Capitol Hi.....
The rise of Robinhood in 2020 amid controversies
January 15, 2021 11:58 AM EST| By Team Kalkine MediaThe year 2020 had been volatile for the stock market. The share market was gripped by fear and massive uncertainty throughout the year, adding to the market volatility. New or first-time traders saw a lot of opportunities in such a market c.....
Fitch Outlook For Top Canadian Banks Remains Negative
January 15, 2021 08:11 AM EST| By Hina ChowdharyThe persisting impact of the COVID-19 pandemic saw some of Canada’s top banking institutions remain in the negative zone in the latest review by Fitch Ratings. Barring two financial corporations, the New York-based credit rating agenc.....
1 Million Vaccine Doses Per Week In Canada From April
January 15, 2021 07:37 AM EST| By Kunal SawhneyCanada is expected to receive up to one million COVID-19 immunization doses per week from various drug makers from April 2021 onwards, announced Major General Dany Fortin, who is leading the country’s coronavirus vaccine logistics at the Public...
How Chinese Ban on Australian Coal Reshuffled The Global Coal Trade?
January 15, 2021 01:20 AM EST| By Kunal SawhneyThe Australian mining sector accounts for around 10% of the country’s GDP and makes up for over 50% of the nation's exports. Asian countries including China, Japan and South Korea are the major importers of Australian resources. The Oceanian.....
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 14, 2021 11:50 PM EST| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....
Xiaomi shares slip after the US investment ban
January 14, 2021 11:41 PM EST| By Team Kalkine MediaCranking up pressure on Beijing, the United States’ Department of Defence has blacklisted nine Chinese companies, including Xiaomi Corporation. The US investors would be barred from investing in the alleged “Communist Chinese military c.....
What’s Inside Joe Biden’s US$1.9 Trillion Coronavirus Rescue Package?
January 14, 2021 10:24 PM EST| By Kunal SawhneyA long-raging presidential battle packed with a series of overturning events appears to be finally over, and Joe Biden is expected to take oath as the US President in a public ceremony on 20 January 2021. However, before assuming his office, Joe Bi.....
The spotlight on Affirm and its bearing on the Market
January 14, 2021 09:36 PM EST| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
TSX Up 0.13%, BlackBerry & Aphria Top Stocks
January 14, 2021 05:17 PM EST| By Team Kalkine MediaThe S&P/TSX Composite Index traded in green on Thursday and settled 0.13% higher at 17,958.09. The index registered an intraday high of 18,025.30 and a low of 17,974.24. The Canadian market’s broad index closed above all its support levels...
Stocks Soar Ahead of Biden’s COVID-19 Relief Package Announcement
January 14, 2021 11:50 AM EST| By Kunal SawhneyStocks in the North American markets opened higher on Thursday, January 14, as investors looked to bet on a better stimulus package announcement in the US. The Dow Jones Industrial Average jumped 0.3 per cent soon after the opening bell, while the S&...
Velan (TSX: VLN) Posts 19% YoY Drop in Sales in Q3 2020
January 14, 2021 11:16 AM EST| By Team Kalkine MediaVelan Inc (TSX: VLN), a Montreal-based industrial valve manufacturer, announced its financial results for the third quarter of fiscal 2020, ending 30 November 2020, on Wednesday, January 13. The company reported that amid the coronavirus p...
Aritzia Inc (TSX: ATZ) Reports 79% YoY Surge in E-commerce Revenue
January 14, 2021 11:16 AM EST| By Team Kalkine MediaAritzia Inc, a Vancouver-based fashion retailer, announced its third quarter financial results for fiscal 2021, ending 29 November 2020, on Wednesday, January 13. The apparel company reported that while its net revenue rose by 4.1 per cent...
French Finance Minister Opposes Couche-Tard's (TSX: ATD.B) Proposal To Acquire Carrefour
January 14, 2021 08:09 AM EST| By Team Kalkine MediaStocks of Canadian retail giant company Alimentation Couche-Tard Inc (TSX:ATD.B) fell as much as 10.2 per cent on Wednesday, January 13, as the French government opposed its takeover of French grocer Carrefour SA (CRERF:US). Carrefour stoc...
Affirm (NASDAQ:AFRM) Stocks Soar 98% From IPO Price On Debut Day
January 14, 2021 04:03 AM EST| By Kunal SawhneySummary Stocks of Affirm Holdings Inc (NASDAQ: AFRM, AFRM:US) catapulted by over 98 per cent to close at US$ 97.24 on its debut day. The company reportedly sold about 24.6 million stocks for US$ 49 apiece at its IPO on Tuesday, raising over US$.....
.jpg)
Tesla (NASDAQ: TSLA) Asked to Recall 158,000 Vehicles Over Safety Issues
January 14, 2021 03:55 AM EST| By Team Kalkine MediaUS regulator National Highway Traffic Safety Administration has asked EV carmaker Tesla to recall 158,000 vehicles due to safety concerns in the display module that can cause critical failures. It is important to note that electric mobility is sti.....
