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Amazon Forecast to Hold Leading Ecommerce Position with Prime Day
June 20, 2021 11:01 AM CEST| By Suhita PoddarSummary E-commerce retail giant Amazon is holding its annual prime day online shopping sale event on June 21. The event is expected to help the company capture over 40 per cent of total US digital sales by the end of 2021, thus retaining its le.....
EU Loses Legal Battle Against AstraZeneca to Speed Up Vaccine Deliveries
June 20, 2021 10:59 AM CEST| By Suhita PoddarSummary Pharma giant AstraZeneca won a legal battle against the EU in Brussels, which would have forced the company to supply up to 120 million covid-19 vaccine doses by the end of June. The court ruled AstraZeneca can supply up to 80.2 million.....
How is Australia progressing with cryptocurrency regulation?
June 20, 2021 12:16 AM AEST| By DaminiIn order to develop the nation as a technology and financial centre, the Australian Senate Committee is closely evaluating how can cryptocurrencies be regulated in the country. The aim is to bolster the local financial technology sector while promo.....
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Are cryptocurrencies legal in the United States?
June 19, 2021 12:34 PM AEST| By Team Kalkine MediaCryptocurrency is a hot topic these days and is getting more popular as an alternative for mainstream investment and payments. Crypto is a decentralized form of currency that can be used for payments and investments. It is a digital or virtual curren...
US Markets end week in red, Dow Jones down 500 points
June 18, 2021 02:30 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week in red on Friday, June 18, with Dow Jones diving to its lowest level since January, as Americans marked the Juneteenth Holiday to commemorate the end of slavery some 155 years ago. The S&P 500 was down 1.31%...
Why is it important to understand the mechanism of the Internet of Things?
June 18, 2021 04:54 PM CEST| By Mohammad ZaidSummary Internet of Things is a breakthrough technology composed of various layers that facilitate interaction to produce output to enhance productivity. The industry, as well as domestic applications of IoT, have increased significantly over t.....
i3 Energy Plc Moves a Step Closer to Dividend
June 18, 2021 03:10 PM BST| By Team Kalkine Mediai3 Energy Plc (LON: I3E) (TSX: ITE), an energy company with a vast asset portfolio in the UK and Canada, is well-positioned for growth. Its assets and operations include large contiguous holdings in the Western Canadian Sedimentary Basin in Alberta.....
Global IPO market is on fire; Q1 proceeds surge 529%
June 18, 2021 04:05 PM CEST| By Furquan MoharkanSummary Global IPO proceeds in Q1 surged by a whopping 529%. The total ECM activity picked up by 229%. SPAC deals have helped the cause of equity markets. The equity capital market (ECM) activity in quarter ended March 2021 touched an unp.....
APAC markets a mixed bag; commodity price swings in focus
June 18, 2021 08:59 AM CEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region were a mixed bag on Friday, as Bank of Japan maintained status quo over the monetary policy and investors tracked moves in the commodities space. In Japan, the Nikkei 225 closed near the flatline at t...
Is New Zealand-UK trade deal in the offing?
June 18, 2021 08:56 AM CEST| By RomaSummary Speculation strong on the UK-NZ dairy trade deal. Could mean trade benefits for both the countries. Complete tariffs phase out being talked about. In a recent report, it has been announced that New Zealand and the UK were looking .....
What will Ethereum’s price be at the end of 2021?
June 18, 2021 04:35 PM AEST| By Daniel Paul JohnsSummary Ethereum’s Ether is the second-largest cryptocurrency after Bitcoin, with a market cap of US$273.19 billion. Ethereum is an open software platform that allows users worldwide to create software and applications, making it a &ldquo.....
Why are commodity prices rising and what is its impact on inflation?
June 18, 2021 08:15 AM CEST| By Furquan MoharkanThe rise in the prices in any economy gets one and all unnerved – from the government to the masses. Price rises bring down the purchasing power parity of the buyer. Simply put, it makes common man poorer in the real terms – he can now bu...
What is nuclear energy? What is its importance?
June 18, 2021 07:17 AM CEST| By Team Kalkine MediaSummary Nuclear power is considered as one of the most environmentally friendly and efficient sources of electricity generation. Due to the surging demand for green energy sources globally, nuclear energy is gaining traction as it is among thos.....
Seven unbelievable facts about cryptocurrencies
June 18, 2021 02:43 PM AEST| By AshishSummary Crypto trading has taken everyone by storm in the past few years. With over five million users, cryptocurrencies are steadily getting well-accepted across the world. Nevertheless, cryptos still have a long way to go before they become .....
What is blockchain technology? Why is there an unbelievable hype?
June 18, 2021 05:11 AM CEST| By Furquan MoharkanAs the concept of cryptocurrencies continues to gain traction across the globe, so does the talk around the blockchain technology. For some, especially the not-so-tech-savvy lot, the blockchain technology and cryptocurrency were the same. However, i...
How destructive is energy-intensive crypto mining?
June 18, 2021 12:28 PM AEST| By Team Kalkine MediaSummary Cryptocurrency miners have swarmed the network, attracted by the skyrocketing prices of many cryptocurrencies. The Bitcoin mining process involves high energy consumption, causing a significant threat to the environment. The use .....
Is New Zealand economy at pre-covid levels?
June 18, 2021 02:02 AM CEST| By RomaSummary GDP growth shows pre-covid levels Monetary policy relaxations may occur in wake of improving economy. Domestic business did well enough to make up for international losses. GDP numbers were announced yesterday. Stats NZ anno.....
US markets close flat as stocks slip on inflation fears
June 17, 2021 03:24 PM PDT| By Team Kalkine MediaMajor US stock markets closed the session flat on Thursday, June 17, as key segments on the indices saw muted movements a day after the Federal Reserve signalled a rate hike by 2023 to curb prices. The S&P 500 was down 0.04% to 4,221.86. The Dow...
Is pandemic the real reason behind the ‘Bitcoin Boom?’
June 17, 2021 08:17 PM AEST| By Kiara KhannaFor the past two years in my work-from-home stint, news around the Bitcoin has time and again caught my attention. When I look at the way the price of Bitcoin has moved over the last twelve months, I wonder — is the pandemic and the millions of...
Can Dogecoin make millennials rich? How much would it be worth by 2030?
June 17, 2021 07:23 PM AEST| By Team Kalkine MediaSummary Dogecoin was launched in 2014 as a joke designed to satirise other cryptos. Dogecoin’s value and its correlation to celebrity tweets has triggered scepticism among experts. Today, the price of Dogecoin is around US$0.31 cents - a.....