News
Black Friday 2020: What Deals To Look Forward In Canada?
November 24, 2020 07:58 AM EST| By Hina Chowdhary@Kalkine Image Black Friday is almost here and so is the smell of fresh, attractive discount offers. One of the biggest sale days of the year, Black Friday is a time when big brands are up for grabs at eye-popping discounts and sellers such...
Game over for Trump? Emily Murphy finally gives the green light to Biden’s transition
November 24, 2020 07:07 AM EST| By Edita IvancevicIt has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely, as a new American president means a big deal for everyone, on various fronts – stock markets.....
What does the new COVID-19 evidence tell us about the future?
November 24, 2020 05:03 AM EST| By Edita IvancevicWinter is coming to the northern hemisphere. Usually, individuals get quite excited around the holidays. However, this year Christmas and New Year might not bring the same amount of joy as they used to. Even after the coronavirus’s first bir.....
Canadian Businesses’ Net Income Up In Q3: How Different Sectors Fared?
November 24, 2020 01:31 AM EST| By Team Kalkine MediaAfter a length of tumultuous times triggered by the coronavirus pandemic, the third quarter (Q3) of 2020 saw a gradual recovery of economic activity in Canada, reported the Statistics Canada on Friday, November 20. Canadian businesses posted a gro.....
China’s Market Regulator Increases Probe After Sudden Default from State-Backed Coal Miner
November 23, 2020 09:46 PM EST| By Team Kalkine MediaFollowing payment default from a state-backed coal miner, China’s market regulator, Financial Stability and Development Committee (FSDC) has intensified its investigation into bond sales. The default dragged in several banks, accounting firms.....
S&P/TSX Composite Index Up 0.44% Energy Sector Climbs
November 23, 2020 04:38 PM EST| By Team Kalkine MediaBuoyed by gains in the energy sector stocks, the benchmark Canadian equity index inched higher for the third consecutive day on Monday. The S&P/TSX Composite Index is hovering in a strong bullish price territory and traded well above all its supp...
WorldRemit hires Paul Vogel of Spotify to its Board
November 23, 2020 04:03 PM EST| By Team Kalkine MediaDigital remittance industry has been growing and is expected to grow even more in years ahead. The rising smartphone and internet usage, increasing digital-savvy customers going for digital remittances and an increase in payment automation and digi.....
TFI International (TSX:TFII) Offers Private Placement of US $500 Million Senior Notes
November 23, 2020 10:25 AM EST| By Team Kalkine MediaTFI International has announced a pact to issue and offer a total principal amount of US $500 million of senior notes. This offering comprises four allotments in a private placement transaction, conducted by Prudential Private Capital, to...
Village Farms (TSX:VFF) Subsidiary Pure Sunfarms Gets Cannabis Research License From Health Canada
November 23, 2020 10:23 AM EST| By Team Kalkine MediaPure Sunfarms’ Cannabis Research License from Health Canada will allow it to carry out human administration trials for sensory assessment of cannabis. The research will see on-site assessments pertaining to the taste, sight, smell or...
Canadian Police Under Scrutiny Over Its Conduct Of Huawei CFO Arrest
November 23, 2020 10:23 AM EST| By Team Kalkine MediaA list of witnesses will begin giving their testimonies this week (November 23) in the Huawei CFO Meng Wanzhou extradition case regarding the Canadian police’s conduct that led up to her detention, said media reports. Meng has been c...
Loblaw (TSX:L) & Gatik Team Up To Deploy Canada's First-ever Driverless Delivery Fleet
November 23, 2020 10:22 AM EST| By Team Kalkine MediaCalifornia-based autonomous tech startup Gatik, in a partnership with Loblaw Companies Limited, is set to send out a fleet of self-driving delivery vehicles in Toronto starting January 2021. The self-driving vehicles will be carrying goods...
Bills of C$1, C$2 & More To Lose Legal Tender Status From January 2021: BoC
November 23, 2020 10:22 AM EST| By Team Kalkine MediaThe old dollar bills will be in use for day-to-day transactions till the end of December 2020, after which businesses can no longer accept them. In an official reminder on November 19, the Bank of Canada said that bills of C$ 1, C$ 2, C$ 2...
Jeff Bezos Funds African Fintech Start-Up Chipper Cash
November 24, 2020 01:37 AM AEDT| By Kunal SawhneyJeff Bezos seems to have broadened the bouquet of his investments as the world’s richest person has recently co-funded an African FinTech firm specialising in business payments, peer-to-peer (P2P) cash transfer and cryptocurrency trading includ...
Canada-UK Trade Deal: What Is The New Post-Brexit Agreement?
November 23, 2020 05:30 AM EST| By Hina ChowdharyAfter months of deliberating, Canada and the United Kingdom have finally reached a post-Brexit trade agreement. Under the new agreement terms, both the countries will continue to trade under the preexisting European Union (EU). In other wor.....
Now AstraZeneca-Oxford University COVID-19 Vaccine Shows High Efficacy
November 23, 2020 04:46 AM EST| By Kunal SawhneyNovember is proving to be a super month for global stock markets. The COVID-19 vaccine being developed by the Oxford University and British-Swedish biopharmaceutical firm AstraZeneca (NASDAQ:AZN, AZNCF:US) could be about 90 per cent effecti.....
What is it about Bitcoin that is luring millennials?
November 23, 2020 07:52 PM AEDT| By Edita IvancevicA relationship between millennials and digital assets is a never-ending story. This statement was, once again, proven after bitcoin rose by 37 per cent in November, bringing back the memories of December 2017. As of today, one bitcoin is worth A$2.....
Asia ratchets up fight against COVID-19 as virus cases resurge
November 23, 2020 02:50 AM EST| By Team Kalkine MediaThe Covid-19 pandemic originated in Asia in Wuhan, China and spread across the world. The first cases of Covid-19 were reported to the WHO on 31 December 2019. These cases reported in Wuhan were the first Covid-19 cases to be reported globally and .....
The US Plans First Vaccinations to Start Before Mid-December, Pfizer-BioNTech Application Under Review
November 23, 2020 01:12 AM EST| By Team Kalkine MediaAfter the deadly COVID-19 pandemic hit the world, all eyes moved to how soon will there be a vaccine for the fatal virus, SARS-CoV-2. Speculations started building regarding the same, and we are already beyond the initial deadline set for September.....
Trump attempts to reverse the US election result
November 22, 2020 08:11 PM EST| By Team Kalkine MediaUS Presidential election has been the most controversial election of 2020. The unrest caused by the US elections is still relentless with the defeated President Donald Trump’s continuous attempts to overturn the 3 November outcome. Donald Tr.....
Will Canadian Businesses Survive A Second Round of Lockdown?
November 22, 2020 12:30 AM EST| By Team Kalkine MediaWith the number of COVID-19 cases surging, hot spots in Ontario’s Toronto and the neighboring Peel Region are being sent under lockdown once again. The two regions have reported the greatest number of infections on a daily basis over the last.....