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2020: The year tech giants took healthcare space by storm
December 31, 2020 11:56 AM AEDT| By Kunal SawhneyMedical technology is transforming the pharmaceutical and biotech sector. The big technology giants have shown interest in the healthcare industry with the accelerated technology adoption amid the ongoing COVID-19 pandemic. Many technology behemot.....
How does a stimulus boost an economy?
December 31, 2020 11:35 AM AEDT| By Team Kalkine MediaAn economic stimulus refers to the action wherein a government provides a package to the consumers by utilising different policies. A stimulus includes both monetary and fiscal policy measures. The purpose of a stimulus is to provide a boost to the e...
UK House Prices Continue to Rise in December
December 31, 2020 12:27 AM AEDT| By Team Kalkine MediaThe year 2020 has been a tough one for the economy for most sectors across all the countries. But some sectors did well as compared to others. If we talk about the UK in particular, despite all odds, the housing sector fared well in comparison with.....
Bitcoin’s Winning Streak Continues, Surpasses $28,500-Mark
December 31, 2020 12:25 AM AEDT| By Kunal SawhneyBitcoin is drawing an end to 2020 with a bang. The giant cryptocurrency once again created history by soaring above US$ 28,500-mark on Wednesday, December 30. The virtual coin has gained nearly 47 per cent this month. Consequently, Bitcoin is now exp...
Unicaja and Liberbank sign a deal to form Spain's fifth largest bank
December 30, 2020 10:28 PM AEDT| By Hina ChowdharySpanish lenders Unicaja SA and Liberbank SA are all set to form Spain’s fifth biggest bank by assets with the approval of an all-in share deal by the boards of directors on both the sides. Both the companies have given a nod on 29 December to.....
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What does 2021 hold for Crude Oil?
December 30, 2020 09:21 PM AEDT| By Team Kalkine MediaThe crude oil volatility has waned in recent months, and further price recovery lingers on the pandemic containment measures and the vaccination drives across the globe. During the wild swings in April 2020, the prices for the Western Texas Interm.....
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Brexit deal approved by the EU governments, UK votes on it today
December 30, 2020 06:24 PM AEDT| By Team Kalkine MediaEU, the 27-nation economic block has approved the post-Brexit trade deal with the UK, which will allow it to be provisionally applicable from January 1, informed Heiko Maas, the foreign minister of Germany. The country presently holds the rotating .....
Senator McConnell rejects stimulus check increase to US$2000
December 30, 2020 04:37 PM AEDT| By Kunal SawhneyAfter the House voted in favour of the stimulus check increase as per Trump's demand, the legislation is stuck at the Senate level. On 29 December 2020, Senate Majority Leader Mitch McConnell obstructed Democrats' effort to immediately increase the C...
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How Central Banks Changed the Course of 2020?
December 30, 2020 04:03 PM AEDT| By Team Kalkine MediaCentral banks across the globe have constantly been innovating and finding new solutions to combat the economic strain caused by pandemic. Amidst the uncertainty attached to the coronavirus and the lack of complete knowledge about the same, policy .....
A snapshot of 20 most valuable companies on NASDAQ
December 30, 2020 02:05 PM AEDT| By Team Kalkine MediaNASDAQ is a stock exchange based in New York, United States of America. It is one of the leading stock exchanges in the world where many technology companies aspire to list. It has also pioneered the electronic stock market, being the world’s f...
How is the Gold Market Unfolding for ASX-listed Gold Stocks in 2021?
December 30, 2020 01:07 PM AEDT| By Hina ChowdharyGold has been one of the top-performing commodities of the year 2020 with prices of spot climbing to a record high of USD 2,073.41 per ounce in August 2020 over panic in the market and plunging interest rates across the globe. Image Source : ©...
Intel shares closed higher after agreeing with Third Point LLC
December 30, 2020 12:55 PM AEDT| By Kunal SawhneyIntel Corporation shares closed 4.93% on Tuesday in the US after the company acknowledged to improve ‘shareholder value’ and work with Third Point LLC towards the goal of enhancing shareholder value. Source: MegapixlTM Third P.....
US reports first case of the highly contagious new COVID-19 strain
December 30, 2020 12:50 PM AEDT| By Hina ChowdharyThe US reported its first case of the new COVID-19 strain on 29 December. The highly contagious strain was first detected in the UK and led to travel restrictions and widespread lockdown in the European nation. Health officials stated that the new.....
Ørsted A/S to Divest 50 Per Cent Stake in Its Taiwanese Offshore Wind Farm
December 29, 2020 11:24 PM AEDT| By Kunal SawhneyDenmark-based power company Ørsted A/S has decided to sell a 50 per cent stake in its 605MW Greater Changhua 1 offshore wind farm in Taiwan, to a group consisting of global investor Caisse de Depot et Placement du Québec (CDPQ) and pr.....
5 Sectors That Outshone In 2020
December 29, 2020 09:34 PM AEDT| By Kunal SawhneyYear 2020 will go down in history for the COVID-19 pandemic and the havoc it wreaked around the world. Global lockdown, international trade suspension, disrupted productions, drop in demand of goods and services, etc. saw many industries ne.....
Brexit Trade Deal: What Are the New Terms and Tariffs
December 29, 2020 09:29 PM AEDT| By Team Kalkine MediaThe UK and the EU have finally reached an agreement on trade governance worth £650 billion after prolonged negotiations for over nine months. The much-awaited Brexit deal announcement came on Christmas eve as both sides were relieved to annou.....
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Is the Recent Rally in Base Metals due to Price Seasonality?
December 29, 2020 08:41 PM AEDT| By Team Kalkine MediaCopper’s Price Action Summary: Copper prices are trading in a perfect symmetrical triangle pattern on a quarterly timeframe chart on Shanghai Future Exchange. It started the year with a bearish tone and gave negative quarterly closing, near .....
Brexit trade deal: What still remains unresolved between the UK and EU
December 29, 2020 07:29 PM AEDT| By Kunal SawhneyBrits received their Christmas gift on 24 December when the United Kingdom and the European Union struck a provisional free trade agreement to ensure trading of goods without tariffs or quotas ending months of disagreements over fishing rights and .....
SAP SE to Make Its Subsidiary Qualtrics International Go Public
December 29, 2020 07:27 PM AEDT| By Hina ChowdharyIn a move to boost its business, German software company SAP SE said it is going to take its US-based subsidiary Qualtrics International Inc. for listing in stock markets. SAP SE said the public listing of Qualtrics is expected to put the valuatio.....
Brexit: Bumpy road ahead as Britain adjusts to new EU rules
December 29, 2020 07:25 PM AEDT| By Kunal SawhneyMichael Gove, the government minister said that the UK businesses could face a bouncy period in the short-term as they come to terms with the new rules of the European Union. As the Brexit transition period expires on December 31, there would be pr.....
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