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Economy
Bank of Canada Leaves Interest Rate at 0.25%, Says Economic Uncertainty Still Elevated
January 21, 2021 03:23 AM AEDT| By Team Kalkine MediaAmid opposing projections from analysts regarding which way the country’s key interest rate would go in the first quarter of 2021, the Bank of Canada announced on Wednesday, January 20, that it will remain unchanged at 0.25 per cent. It added t...
UK’s annual consumer price inflation rises in December
January 21, 2021 02:24 AM AEDT| By Team Kalkine MediaThe Office for National Statistics (ONS) has released the Consumer Prices Index (CPI) data for December 2020, which stated that the 12-month inflation rate rose to 0.6 per cent from a value of 0.3 per cent during the previous month. &n.....
How Will Joe Biden’s Presidency Impact Canada?
January 21, 2021 02:20 AM AEDT| By Team Kalkine MediaThe United States is all set to witness yet another regime change as Democrat leaders Joe Biden and Kamala Harris take control of the White House from the Donald Trump-led Republican administration on Wednesday, January 20. And as this transition tak...
On Day One, Biden reverses a raft of Trump decisions
January 21, 2021 01:58 AM AEDT| By Team Kalkine MediaSource:Stratos Brilakis, Shutterstock President Joe Biden has begun his first day in Oval Office by signing a flurry of executive orders to overturn his predecessor Donald Trump’s controversial decisions that had raised political storms at hom...
Financial Services Business Volumes to See A Spurt in the First Quarter Of 2021: Survey
January 20, 2021 09:04 PM AEDT| By Team Kalkine MediaThe Confederation of British Industry (CBI), in association with a consulting major PwC, conducted a survey in the financial services sector, which stated that business volumes had seen a spike in the Q4 2020 for the first time in two years. The su.....
Can the UK Aviation Sector Revive After Repeated Disruptions?
January 20, 2021 02:42 AM AEDT| By Team Kalkine MediaThe aviation sector has been one of the worst victims of the coronavirus pandemic as the repeated, and prolonged travel curbs have disrupted the industry for a longer-than-expected stretch. With the extended cutdown of international and domestic tr.....
Most Britons Forced to Make Contactless Payments During Coronavirus Crisis
January 19, 2021 11:26 PM AEDT| By Team Kalkine MediaAs the pandemic washed up the shores of the UK, more than 30 per cent of the shoppers were discouraged from paying cash and were pushed for adopting a digital mode of payments. However, a significant chunk of the population still relies immensely o.....
UK forms Build Back Better Council for economic revival
January 19, 2021 08:41 PM AEDT| By Team Kalkine MediaBritish PM Boris Johnson has launched the Build Back Better Council with the goal of creating jobs, boosting investment, and reviving the economy. The council has brought together 30 business leaders with expertise in&.....
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Scrap media laws imposing Google and Facebook to pay to local media outlets: US
January 19, 2021 07:46 PM AEDT| By Team Kalkine MediaThe US has sent a submission to an Australian parliamentary inquiry urging the Australian government to scrap the media laws which will force the mega tech companies Google and Facebook to pay for sharing content from local media organisations. Hi.....
British firms call upon the government to extend financial support
January 19, 2021 07:39 PM AEDT| By Team Kalkine MediaThe Confederation of British Industry (CBI), the biggest business group in the UK, has requested the government to extend its stimulus packages in order to support the withering businesses and people being affected by the c.....
What is New Zealand government’s plan to counter housing crisis?
January 19, 2021 04:18 PM AEDT| By Mark O'DonnellNZ housing crisis appears to be too enormous for the government to solve without risking the whole economy, or perhaps, it is apathy or a political strategy. It might be a mixture of all the things mentioned above. The Housing Crisis The housing .....
Property values in NZ witness strong price growth in last 10 years
January 19, 2021 02:53 PM AEDT| By Team Kalkine MediaThe average asking price rose in nearly every NZ district between 2011 and 2020, as per REINZ data. Property owners made some extravagant returns from the value gains witnessed in the last 10 years. Vanessa Taylor, the property consultant spokespe.....
Canadian Economy Will Struggle In Q1 2021, Predicts Reuters Poll
January 19, 2021 03:35 AM AEDT| By Hina ChowdharyEconomists interviewed at a recent Reuters poll projected that the Canadian economy will be heading for a “major roadblock” in the first quarter of 2021 before picking up pace this year. The Reuters poll, conducted between January 11 and...
Act Now to Avoid Any Potential Disruption in Businesses: Paul Scully
January 19, 2021 01:24 AM AEDT| By Kunal SawhneyBusinesses have to modify their functioning with regard to the new guidelines by the UK government after the completion of the Brexit transition period. The organisations have been duly advised to shift their foundations from the erstwhile .....
UK Expands Vaccine Rollout as Global Immunisation Drive Gears Up
January 18, 2021 10:29 PM AEDT| By Kunal SawhneyThe UK healthcare administration is all set to widen the ongoing vaccination programme in the next few weeks as the global Covid-19 inoculation drive attains pace following the approval of coronavirus shots developed by various vaccine.....
Will Biden Nix Keystone XL on Day 1? TC Energy (TSX:TRP) Stocks Trend
January 18, 2021 10:17 PM AEDT| By Team Kalkine Media&n.....
RBA Anticipates Asset Prices to Shoot Up Over Lower Interest Rates, Housing Price to Surge 30%
January 18, 2021 09:49 AM AEDT| By Kunal SawhneyReserve Bank of Australia (RBA) has disclosed its assessment of the low-interest environment on asset prices and the impact of monetary policy on savers, depositors & self-funded retirees. Household Spending to Experience a Boost Confidential...
Joe Biden Set To Become The 46th US President: Key Highlights
January 18, 2021 02:12 AM AEDT| By Team Kalkine MediaSource: Stratos Brilakis, Shutterstock Summary Stage set for Joe Biden’s swearing-in as the 46th US President on Wednesday Health, energy, and technology stocks may see a major boost Energy firms anxious over fate of Keystone proje...
UK Supreme Court Rules in Favour of Small Businesses in Insurance Claims
January 17, 2021 07:53 AM AEDT| By Team Kalkine MediaThe Supreme Court of the UK on Friday provided relief to tens of thousands of small businesses that were forced to close during the Covid-19 pandemic by ruling in their favour in the fight over business interruption insurance claims settlement. Thi.....
Is NZ’s Domestic Pork Industry Set To Pick Up In 2021
January 17, 2021 12:47 AM AEDT| By Kunal SawhneyPork farming is the only primary industry in New Zealand that does not cater completely to domestic demand and does not export. In fact, New Zealanders are more dependent on imports of pork as the domestic pork industry has not been able to.....
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