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COVID Vaccine Update: Johnson & Johnson and AstraZeneca Vaccines Hit Roadblock, WHO Flags Remdesivir
October 20, 2020 12:14 AM EDT| By Team Kalkine MediaNot only unprecedented, the COVID-19 crisis also seems like a never-ending malaise. While the medical world seems to have no answer to the problem, prominent pharma companies across the globe are racing against time to find the best possible vaccin.....
What is QAnon?
October 20, 2020 12:00 AM EDT| By Edita Ivancevic2020 does not cease to surprise. With popular conspiracy theories such as 5G network causing the coronavirus or that Mr Bill Gates wants to chip the whole world, a new extreme far-right wing theory emerged a couple of months ago. Hardcore organiz.....
TSX Composite Index Extends Losses For Second Consecutive Day
October 19, 2020 10:49 PM EDT| By Team Kalkine MediaThe broader equity gauge of Canada, TSX Composite Index, extended losses of the previous trading session to close 164.5 points or 1.0% lower at 16,247.07 on Monday. Out of the last five trading sessions, the index settled lower for the four t...
Bell (TSX:BCE) Extends Wireless Internet Services to Rural Atlantic Canada
October 19, 2020 12:31 PM EDT| By Team Kalkine MediaBell Canada, a part of BCE Inc, plans to provide high-speed Wireless Home Internet (WHI) service to around 70,000 households by the end of 2020 and about 200,000 households in the next two years in Atlantic Canada. Of the 200,000 residence...
Brookfield (TSX:BAM) Acquires 19.9% Stake in American Equity Life
October 19, 2020 12:31 PM EDT| By Team Kalkine MediaWith a 19.9 per cent stake, Brookfield Asset Management Inc has established itself a cornerstone investor and reinsurance counterparty of American Equity Investment Life Holding Company (AEL). Brookfield will also take a seat on AEL’...
Cogeco (TSX:CGO) Rejects Altice USA’s Revised C$11.1 Bn Takeover bid
October 19, 2020 12:30 PM EDT| By Team Kalkine MediaThe Audet family, Cogeco’s top investor, unanimously rejected Altice USA’s revised offer of C$11.1 billion to acquire the company, slightly up from the earlier C$10.3 billion bid. The revised offer includes C$900 million ow...
Regulus Resources (TSXV:REG) names Anna Tudela new Board of Director
October 19, 2020 12:29 PM EDT| By Team Kalkine MediaEmerging exploration company Regulus Resources Inc announced the appointment of Anna Tudela to its Board of Directors on Monday, October 19. As per a company statement, Tudela has over 30 years of experience working in the securities and c...
CPPIB now owns online luxury retailer Mytheresa
October 19, 2020 12:28 PM EDT| By Team Kalkine MediaMytheresa, the luxury retailer, was earlier owned by Neiman Marcus. The Canada Pension Plan Investment Board (CPPIB) and investor Ares Management LLC have exited from their investments in Neiman. Neiman Marcus announced the completion of...
Long road to recovery for COVID-hit small enterprises, says CFIB
October 19, 2020 12:27 PM EDT| By Team Kalkine MediaAs per the Canadian Federation of Independent Business (CFIB), 72 per cent of businesses in the country have fully resumed operations. Nearly 48 per cent of small businesses are fully staffed in October, up from 42 per cent in September....
Why Auto Stocks Hertz Global (NYSE:HTZ) & Facedrive (TSXV:FD) Are Trending?
October 19, 2020 12:23 PM EDT| By Team Kalkine MediaAuto inventories have piled up due to weaker sales amid the Covid-19 outbreak. This year has already been rough for the industry in terms of cash flow. Canada is one of the largest autos producing and exporting nations in the world. Entire .....
Air Canada (TSX:AC) and WestJet (TSX: ONEX): Trending Aviation Stocks
October 19, 2020 12:17 PM EDT| By Team Kalkine MediaSummary The Canadian aviation sector, reeling under the impact of coronavirus pandemic, has sought government intervention and some sort of bailout. Air Canada (TSX: AC) and WestJet (TSX: ONEX) are trying to hold strong amidst the turbulent wea.....
Online streaming booming amid pandemic, apple tv giving free services, Netflix increases fees
October 19, 2020 07:21 AM EDT| By Team Kalkine MediaOne upside of the coronavirus pandemic is that online streaming has become a mainstay in Australian homes. The steep rise in the subscription services shows that Australians are spending more time at home than they did before COVID-19 struck us. Au.....
Carbon Dioxide Emissions off the cliff in 2020, Coronavirus the Climate Change hero!
October 19, 2020 07:05 AM EDT| By Team Kalkine Media‘Stay home, stay safe’ slogan has become part of our lives now. Little did anyone know that staying indoors would do something to the climate that was always desired but was never anticipated. An international team of climate spec.....
Elections amid the virus crisis - a glance at US and NZ elections
October 17, 2020 09:20 AM EDT| By Kunal SawhneyThe year has been unique in every sense, with people living 2011 release Contagion, a Virus crisis based Hollywood movie. The point is, the situations are not something that we ever heard from our grandparents' generation. .....
TSX drops 0.38%; Aritzia, Corus Entertainment & Home Capital top performers
October 16, 2020 10:51 PM EDT| By Team Kalkine MediaThe TSX Composite, the broader index of the Canadian Stock Market, ended 0.38% lower at16,438.75 on Friday evening. However, the index traded well above its crucial short-term as well as long-term support levels of 50-day and 200-day simple moving av...
Typhoon Nangka pulls the plug of Hong Kong Stock Exchange
October 16, 2020 02:21 PM EDT| By Team Kalkine MediaNangka, in Malay language, means jackfruit. Four tropical cyclones have been named after the jackfruit in the northwestern Pacific Ocean. The latest Nangka storm is one of the cyclones featuring in the 2020 Pacific typhoon season. The typhoon seaso.....
Twitter and Facebook Censor Article Critical of Joe Biden, Trump Furious
October 16, 2020 02:12 PM EDT| By Hina ChowdharyWith only a few weeks left in the presidential election, all eyes are on the United States as it gears up for 3 November 2020. A high-voltage drama is unfolding in the US with the election campaign process all heated up. Rivals Donald Trump.....
Saudi Plans on Taking Renewable to 50% of the Energy Mix, Market Doubts: Impact on the Oil Space?
October 16, 2020 01:55 PM EDT| By Kunal SawhneySaudi Arabia’s energy minister Abdulaziz bin Salman plans to take the renewable energy to 50 per cent of the total power generation capacity by 2030; however, the market pounders on how true Saudi’s interest in the renewable project is,.....
Goodfellow (TSX:GDL) releases Q3 results
October 16, 2020 01:12 PM EDT| By Team Kalkine MediaThe wholesale and distribution company posted net income of $6.7 million for the quarter ending 31 August 2020 as compared to a net income of C$2.5 million a year ago. Total sales stood at $138.8 million as compared to $130.6 million last...
Canada August manufacturing sales declines by 2%
October 16, 2020 01:12 PM EDT| By Team Kalkine MediaThe fall in sales came after three months of consecutive gains, said Statistics Canada. The decline was due to pullback in automobile and parts sales. The largest drop of 13.7% was recorded in transportation equipment. ...
