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News
How fraud affects you financially
October 10, 2021 01:00 PM AEDT| By Priya BhandariHighlights In H1 2021, scammers stole around £753.9 million (US $1.03 billion), up by 30% as compared with H1 2020. For the first time, the losses in authorised push payment (APP) fraud stood at £355.3 million. According to survey,.....
Where does UK get its gas supply from?
October 10, 2021 12:25 AM AEDT| By Priya BhandariHighlights On Wednesday, wholesale gas prices surged by 37% to a record high, although they dropped back after Russian President Vladimir Putin entered to clam the market. 40% of the UK’s gas is supplied from fields in Irish Sea and the N.....
The Great Resignation: How employers can entice quality employees
October 10, 2021 12:17 AM AEDT| By Team Kalkine MediaThe last several months have seen a lot of resignations in several industries, in the US and worldwide. Anthony Klotz, a Psychologist and Professor at Texas A&M introduced the term “Great Resignation”. It is an understatement .....
Weekly roundup of FTSE 100 risers and fallers (October 04- 08)
October 09, 2021 10:58 AM AEDT| By Sreenivas D AjankarFTSE 100 posted a good rebound after mid-week fall, which saw the blue-chip index slip below 7,000 level. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 4 October 2021 Top riser: J Sainsbury...
Famous five of business this week (October 04-08)
October 09, 2021 10:56 AM AEDT| By Nidhi GuptaMonday – October 04 1. Morrison (Wm) Supermarkets Plc (LON: MRW) Morrisons, a leading supermarket chain owner in the UK, accepted an acquisition bid from Clayton, Dubilier & Rice (CD&R), a US-based privat...
Is Bitcoin waiting for a huge dump following the pump?
October 09, 2021 10:28 AM AEDT| By Manu ShankarHighlights On 8 October, the Bitcoin prices have been well over US $55,000 and is currently trading at US $55,479.12 with a 24-hour volume of US $38,136,669,124. Bitcoin’s total market cap reaching US $2.33 trillion, an increase of 1.68% .....
US markets close week flat on weak jobs data, inflation
October 09, 2021 08:02 AM AEDT| By Sanjeeb BaruahBenchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...
US Created 194,000 Nonfarm Jobs in September; FTSE 100 Ended in Green
October 09, 2021 05:29 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.42 points or 0.08 per cent higher at 4,403.18, Dow Jones Industrial Average Index surged by 38.41 points or 0.11 per cent higher at...
GBP gains as USD wobbles on worst jobs report in 2021
October 09, 2021 02:09 AM AEDT| By AbhijeetHIGHLIGHTS GBP advanced slightly against the USD after the US reported a modest jobs growth Benefiting from greenback’s weakness, pound sterling added over 0.20% BoE had fixed a reference exchange rate of 1.3622 USD on Thursday, 7 Octobe.....
Real-world data is overcoming shortcomings of clinical trials, here’s how?
October 09, 2021 01:57 AM AEDT| By Tripti JoshiHighlights In healthcare, real-word data (RWD) is the data relating to a patient’s health status and delivery of health care. Biotech and pharmaceutical companies are using RWD and real-world evidence (RWE) for supporting clinical trial d.....
5 factors to dictate London equities next week
October 09, 2021 01:09 AM AEDT| By AbhijeetHighlights Stock markets have remained volatile and vulnerable for many reasons At present levels, FTSE 100 stands below to closing mark on 10 May Persistent uncertainty about recovery has apparently stalled the growth Stock markets have .....
2 EV focused stocks to buy amid growing interest in lithium technology
October 09, 2021 12:07 AM AEDT| By Suhita PoddarHighlights Automakers, investment companies and others are investing in green lithium technology amid rising EV adoption Direct lithium extraction is expected to boost lithium supply to meet the demand There has been a growing trend in inv.....
How UK energy crisis is linked to the bond market
October 08, 2021 11:36 PM AEDT| By Rishika RainaHighlights The UK government gilt sell-off has been prompted by soaring energy prices as investors fear further economic disruption. Following the news of Russia boosting energy supplies to Europe, UK gas prices fell after reaching a reco.....
Uptober, Rektember: Why is it creating a buzz in crypto market?
October 08, 2021 11:33 PM AEDT| By Manu ShankarHighlights After months of being in a bearish phase, the crypto world has been surging. From cryptocurrency perspective, the September month is known as the jazzier ‘Rektember’ month. The worst-ever Rektember for Bitcoin was in 201.....
Why NatWest Was Held Guilty by FCA
October 08, 2021 08:35 PM AEDT| By Rishika RainaHighlights NatWest Group’s subsidiary pleaded guilty to three anti-money-laundering charges. A potential fine of approximately £340 million will be applicable on NatWest under sentencing guidelines. UK’s FCA has assured that .....
Buy these 3 airline stocks to benefit from travel restrictions ease
October 08, 2021 08:29 PM AEDT| By Sreenivas D AjankarHighlights The UK government has decided to ease the Covid-19 related travel restrictions further. 47 countries and territories will be removed from the red list, including South Africa, Brazil, India, and others. The UK government has dec.....
Dog Day Afternoon: Elon Musk “Floki” Tweet Sends Three Dog-Inspired Cryptos Spiking
October 08, 2021 08:22 PM AEDT| By Daniel Paul JohnsA simple tweet by Tesla founder, Elon Musk, has had varying effects on three cryptocurrencies – Shiba Inu, Floki Inu and Dogecoin. Shiba Inu Coin – a spin-off of the popular Dogecoin - has seen impressive price growth of approximately .....
Tungsten West IPO: When can you buy this tungsten mining share on AIM?
October 08, 2021 07:59 PM AEDT| By Suhita PoddarHighlights ungsten West, a British tin and tungsten developer, is planning an AIM float on 21 October. No details about the IPO issue price or market value have been confirmed as yet. The proceeds from the IPO will be used to restart its Hemer.....
10 most profitable DeFi cryptos of 2021
October 08, 2021 07:46 PM AEDT| By Ankit SethiThe universe is strange. NASA Mars rover has just detected the presence of an ancient lake and river delta. It could hold signs of alien life on the Red Planet. Here on earth, what investors detected in 2021 was the promising use of decentralized .....
Radicle crypto soars on Binance listing: What’s RAD’s price prediction?
October 08, 2021 07:25 PM AEDT| By Raza NaqviThe one-day volume of Radicle (RAD) crypto has skyrocketed by 830 per cent to 743,766,89, according to CoinMarketCap. At the time of writing, the RAD crypto was trading at US$ 18.5 per token after surging 18 per cent in the last 24 hours. The over.....
AI on the Rise: A Look at Top AI Companies and Their Stocks