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OceanaGold (TSX:OGC) lays off 496 employees, warns of more job cuts
October 13, 2020 08:13 AM EDT| By Team Kalkine MediaThe layoffs were implemented at the Didipio mines in Philippines, said the gold mining company in a statement. Nearly 400 contract workers have been impacted. The gold miner warned of a second round of layoffs in mid-November. The job cu...
International Energy Agency calls for aggressive carbon emission cuts
October 13, 2020 08:12 AM EDT| By Team Kalkine MediaThe IEA, world’s top body for energy supply and sustainable future, claimed that the world is heading towards global warming at an accelerated pace. In its 2020 World Energy Outlook, the organization projected a ‘Delayed Recove...
Air Canada (TSX:AC) revises Transat AT’s (TSX:TRZ) acquisition deal
October 13, 2020 08:12 AM EDT| By Team Kalkine MediaCash-strapped Air Canada has lowered its acquisition offer price for tour operator Transat AT Inc. The airline slashed its purchase price to C$5 a share from the previous C$18, said Air Canada in a statement. This values Transat at about...
How is EV battle going; Is Volkswagen catching up with Tesla (NASDAQ:TSLA)?
October 13, 2020 05:34 AM EDT| By Team Kalkine MediaTo save itself from extinction and recover its damaged image from the Dieselgate scandal, Volkswagen (VW) perhaps has the only option but to come out stronger as a greener automaker and reinvent its brand position in the market. Notably, Volkswagen.....
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Is This the Consolidation Phase for Gold and Silver? Are There any Surprises?
October 13, 2020 12:47 AM EDT| By Team Kalkine MediaGold Spot Multi-Contributor (XAU/USD) on Technical Chart Gold Spot Multi-Contributor (XAU) Monthly Chart (Source: Refinitiv Eikon Thomson Reuters) Gold prices were on an upswing on 09 October 2020, and closed at USD 1929.43, up by 1.87%. Gold i.....
Billionaire Trend On The Rise During COVID-19
October 13, 2020 12:37 AM EDT| By Edita IvancevicMany people who had full-time and secured jobs before the pandemic have either lost them or experienced underemployment since the virus struck humanity in January earlier this year. At the same time, a report has highlighted that the richest humans.....
How is Facebook behaving during this US Elections?
October 12, 2020 09:10 AM EDT| By Hina ChowdharyThe social media world, like so many other spheres, features a stark divergence in its way of functioning before, during and after the elections. In the 2016 US election, Donald Trump’s surprising win forced researchers to reinterpret the nar.....
Bitcoin Finds Acceptance Among Corporates; Square Invests USD 50 Million
October 12, 2020 09:05 AM EDT| By Team Kalkine MediaThe disruptive year 2020 has altered the world at different levels. At a time when sectors like aviation, hospitality, and tourism experienced their worst crisis in history, technology has been advancing at a fast pace to meet the.....
Stock Market gains make the World’s Richest grow Richer handsomely
October 12, 2020 04:33 AM EDT| By Team Kalkine MediaOne secret behind the “Super Wealth” of the “super-wealthy” people can be summed up in two words “Stock market”. This is one vehicle which has been an essential part of wealth creation for all of the wealthy peop.....
Do Google, Facebook, Amazon, Google, and Apple allow fair competition?
October 12, 2020 03:31 AM EDT| By Edita IvancevicWe all have heard of massive tech players Facebook, Amazon, Google, or Apple. As these companies have been in a dominating position for many years, American authorities wanted to find out if they became too powerful and established a monopolised do.....
Air Canada, Delta Air Lines and United Airlines: Why Are These Airline Stocks Trending?
October 12, 2020 12:21 AM EDT| By Kunal SawhneySummary Many airline companies have recently urged governments to ease the COVID-related travel restrictions. Stocks of US airline companies like United Airlines and Delta Air Lines rose recently after President Donald Trump announced plans to .....
8 Stocks to Explore on Canadian Thanksgiving 2020
October 12, 2020 12:14 AM EDT| By Team Kalkine MediaSummary Grocery retailers Metro Inc (TSX: MRU), Goodfood Market Corp (TSX: FOOD) and Loblaw Companies (TSX: L) are currently trending on the TSX ahead of Thanksgiving. Shares of liquor companies Rocky Mountain Liquor Inc (TSX: RUM) and Alcanna .....
Is iPhone maker Apple Inc. going to launch new audio tech?
October 11, 2020 09:24 AM EDT| By Edita IvancevicAs part of its regular retail set-up, tech giant Apple Inc. (NASDAQ:AAPL) is selling third-party products that should, according to the Cupertino-based Company, enhance all features that iPhones offer to the users. That said, it comes as a surpris.....
Trump boasts of pushing FDA to deliver, Claims Vaccine to Come out Shortly
October 11, 2020 09:20 AM EDT| By Team Kalkine MediaOn 7 October 2020, President Trump stated that new rules given by the Food and Drug Administration (FDA) make it more challenging for them to fast-track development of COVID-19 vaccines for approval before Election Day. He also stated it just anoth.....
Cargojet (TSX:CJT) and Kinaxis (TSX:KXS): 2 Logistic Stocks to Explore
October 11, 2020 08:19 AM EDT| By Kunal SawhneySummary Companies are using traditional logistic channels and have embraced technology like never before to ensure their delivery targets are met in these challenging times Cargojet (TSX:CJT) and Kinaxis (TSX:KXS) are two trending logistic stoc.....
Legendary Tech Player IBM Prepares for Mitosis Moment, Focus Shifts on to Cloud
October 10, 2020 10:30 AM EDT| By Kunal SawhneyAfter 109 years of history in IT infrastructure services, IBM is now spinning off onto a new cloud. International Business Machines Corp (IBM) is splitting itself into two public companies. One which focuses on hybrid cloud platforms and artificial.....
The World of Cinema is History? Cineworld bids adieu, albeit temporarily
October 10, 2020 10:00 AM EDT| By Kunal SawhneyWith the new James Bond film ‘No Time To Die’ getting shelved until 2021, the regressing question mark in front of the global film industry is bolstered. The bleak truth surrounding the cinema theatres forced S&P Global Ratings to s.....
Radient Technologies (TSXV:RTI) announces private placement for up to C$4 million
October 10, 2020 09:06 AM EDT| By Team Kalkine MediaThe cannabinoid firm announce offered 40 million shares, each priced at C$ 0.10. Gross proceeds raised will be used for general corporate purposes. The offering close date is October 16, 2020. ...
Walmart Canada to hire 10000 people
October 10, 2020 08:47 AM EDT| By Team Kalkine MediaWalmart has announced C$3.5-billion investment in Canada in July. Hiring will be conducted for e-commerce, merchandising, fresh food, customer experience, warehouse and drivers. Retail giant Lowe's Canada is also hiring over 625 positions...
Ontario shuts restaurants, gyms, cinemas amid COVID cases resurgence
October 10, 2020 08:45 AM EDT| By Team Kalkine MediaIndoor businesses will stay closed for 28 days from Saturday onwards in Ontario (including Toronto, Ottawa and Peel). Premier Doug Ford said the province will set aside C$ 300 million to help affected companies. The announcements come ahe...
