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News
Tesla’s (TSLA) robust sales beat expectations despite chip shortage
October 03, 2021 05:01 PM AEDT| By Anam SiddiquiTesla, Inc. (NASDAQ: TSLA) continues to make a splash in the global automotive industry on the back of its growing sales and out-of-the-box plans. The Palo Alto, California-based Company reported the sales of 241,300 electric vehicles worldwide, ex.....
Uncertainty around economic recovery deepens amidst the global supply chain crisis
October 03, 2021 05:00 PM AEDT| By Anam SiddiquiHighlights The rise in demand in the past couple of months has resulted in a global supply chain crisis. The demand for energy, goods, labour and transportation has surged significantly across several economies. The energy crisis h.....
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Which Stocks to Buy if You Are in Your 20s?
October 03, 2021 10:20 AM AEDT| By Rishika RainaHighlights People in their 20s usually find it hard to save. By investing in the stock market, they can start early to save and maximise future returns. Young investors are much less risk-averse than investors in other age groups. Thus, they c.....
Is it too early to panic for Christmas?
October 03, 2021 12:49 AM AEST| By Priya BhandariHighlights Retailers fear panic buying during the festival season if supply chain crisis not addressed immediately. Soaring prices of European natural gas and a post-Brexit shortage of truck drivers have left UK struggling with rising energy pr.....
Is Australia on track to accomplish its 2030 Emissions Reduction Target?
October 03, 2021 12:32 AM AEST| By ManishaAddressing the global issue of climate change, Australia had pledged to reduce its greenhouse gas emissions to about 26% down 2005 levels by the year 2030 at the Paris climate change conference in December 2015. The government has been taking seve.....
10 little known cryptocurrencies investors must explore
October 02, 2021 12:43 PM AEST| By Ankit SethiDid you know about Bitcoin and Ether before they started giving investors exponential returns? And Dogecoin or Shibu Inu? We may never know which blockchain-powered crypto will become the favorite investment destination in near future. This is why.....
Top 10 crypto exchanges to explore as digital coins gain popularity
October 02, 2021 10:26 AM AEST| By Ipsita SarkarHighlights The global crypto market has more than 12,200 cryptocurrencies. In addition, there are over 400 crypto exchanges globally, according to coingecko.com. Some crypto exchanges have low fees or do not charge money for trading. The .....
Weekly roundup of FTSE 100 risers and fallers (27 September- October 01)
October 02, 2021 09:27 AM AEST| By Sreenivas D AjankarFTSE 100 suffered a setback in the passing week, not only closing in negative territory but losing significant ground on a weekly basis. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 27 Septembe...
Famous five of business this week (September 27-October 01)
October 02, 2021 09:23 AM AEST| By Nidhi Gupta1. Rolls-Royce Holdings Plc (LON: RR.) Rolls-Royce, an engineering giant, entered into an agreement with a consortium led by Bain, a private equity giant, to sell its Spanish ITP Aero business for £1.5 billion (EUR1.7 billion). The...
US markets close higher as tech, energy stocks gain
October 02, 2021 07:02 AM AEST| By Sanjeeb BaruahBenchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....
Utility & Real Estate Shares Gained Momentum; FTSE 100 Traded Lower
October 02, 2021 04:23 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 15.55 points or 0.36 per cent higher at 4,323.09, Dow Jones Industrial Average Index surged by 215.54 points or 0.64 per cent higher at 34,0...
3 reasons why Bitcoin is going down at any point in time
October 02, 2021 02:55 AM AEST| By Ankit SethiHighlights Bitcoin’s rise or fall can have a major impact on the entire cryptocurrency market One of the key reasons behind Bitcoin’s price fall can be profit booking by some investors The other reason can be regulatory crackdown o.....
GBP rises against USD as US dollar index weakens
October 02, 2021 02:39 AM AEST| By AbhijeetHighlights GBP gained strength against the USD and EUR on Friday Though USD remains on track to finish the week on best note since June 2021 The euro also lost ground Eurostat estimated the inflation rate at 3.4% The Great Britain pound (.....
FTSE 100 trades lower, dragged down by China’s energy crisis
October 02, 2021 01:23 AM AEST| By Sreenivas D AjankarHighlights FTSE 100 continues to trade lower on China’s energy crisis Crude oil prices are trading under pressure following reports that the OPEC+ nations might boost crude oil output at its meeting on Monday. FTSE 100 trades lower o.....
One-third Britons still naive to cryptocurrencies: Survey
October 02, 2021 12:43 AM AEST| By Manu ShankarHighlights According to a new survey, approximately 64% Britons don’t consider cryptocurrencies as a safe bet for investments, while approximately 29% had no clue what cryptocurrencies were. According to Google, from UK alone it received .....
How will UK’s net-zero transition impact energy costs?
October 02, 2021 12:29 AM AEST| By Suhita PoddarHighlights A recently published report has stated that the UK will continue facing high energy costs even after the current energy crisis comes to an end. Households are expected to face an additional upgradation cost of about £1,500 in t.....
Motor Fuel Group IPO: When can you buy shares of this UK petrol operator?
October 02, 2021 12:10 AM AEST| By Suhita PoddarHighlights Private equity firm Clayton Dubilier & Rice is mulling an IPO for petrol station operator, UK’s Motor Fuel Group. The IPO is expected to have a market valuation of over £5 billion for the company. The news comes amid.....
UK Manufacturing PMI indicates slowest growth since February 2020
October 02, 2021 12:00 AM AEST| By AbhijeetHighlights UK manufacturing sector witnessed the slowest growth rate since February of 2021 Growth slowed due to dismal pace in consumer and intermediary products Manufacturers are also struggling to recruit appropriately skilled workfor.....
7 FTSE companies that reinstated dividends this year
October 01, 2021 11:51 PM AEST| By Rishika RainaHighlights H&M proposes dividend as its profitability increased with growing net sales. Many companies recovering from the pandemic are reinstating their dividends this year. Swedish multinational clothing-retail company H&M has wi.....
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Can CryptoZoo (ZOO) touch $1 by end of 2021?
October 01, 2021 11:00 PM AEST| By Manu ShankarHighlights CryptoZoo is a Binance Smart Chain NFT project launched by YouTuber Logan Paul. With Cryptozoo, the holders can breed, collect, and trade exotic hybrid animals as NFTs. According to CoinMarketCap, the ZOO is trading at US $0.0.....
AI on the Rise: A Look at Top AI Companies and Their Stocks