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Bitcoin At an All-Time High Outperforming All Asset Classes, Why are investors Gung-ho?
Cryptocurrency

Bitcoin At an All-Time High Outperforming All Asset Classes, Why are investors Gung-ho?

Bitcoin prices finally climbed to a record high, taking less than three years to scale the previous all-time high the previous high seen in December 2017. The world’s most popular cryptocurrency gained considerable momentum in the recent past, ...

NZX 50 Impacted by Consumer Non-Cyclicals Sector
Market Updates

NZX 50 Impacted by Consumer Non-Cyclicals Sector

On December 1, 2020, S&P/NZX50 ended the trading session in red as there was a fall of 0.31% to 12,730 and S&P/NZX20 declined by 0.44% to 8,393. Notably, S&P/NZX10 fell by 0.74% to 13,137. On the same day, consumer cyc...

  • December 01, 2020 07:30 PM NZDT
  • Team Kalkine
Unilever (LON:ULVR) to try out 4 days working per week in NZ
World News

Unilever (LON:ULVR) to try out 4 days working per week in NZ

Companies in New Zealand are increasingly coming forward with ‘four-day work a week’ policy and adding to the league is the London based, consumer goods company Unilever (LON:ULVR) which will be trying out four-day work in a week for all its em...

  • December 01, 2020 06:12 PM NZDT
  • Team Kalkine
UK’s Fashion giant Arcadia goes into administration; 13,000 jobs at risk
World News

UK’s Fashion giant Arcadia goes into administration; 13,000 jobs at risk

Arcadia Group, the owner of renowned fashion brands like Topshop, Burton and Dorothy Perkins, has become the latest victim to bite the dust in the wake of COVID-19 storm. The fashion giant has hired administrators from Deloitte to assess all avail...

  • December 01, 2020 05:18 PM NZDT
  • Team Kalkine
Sky Network Television (NZX:SKT) Appoints Its New CEO Post Martin Stewart Resigned from The Position
Communication Stocks

Sky Network Television (NZX:SKT) Appoints Its New CEO Post Martin Stewart Resigned from The Position

Summary Martin Stewart, the CEO of Sky Network Television resigned from his position to return to his home in Europe. The resignation was a mutual agreement between the Company and Martin Stewart. Sky Network Television has appointed its exist...

APRA identifies incorrect liquidity reporting at Westpac Banking Corporation (ASX:WBC)
Stock Market

APRA identifies incorrect liquidity reporting at Westpac Banking Corporation (ASX:WBC)

The Australian Prudential Regulation Authority (APRA) has launched an action against Westpac Banking Corporation (ASX:WBC). The enforcement action is over the material breaches of liquidity standards set by the regulator.  APRA became aware o...

Air New Zealand (NZX:AIR) awarded four months of additional cargo flights under IAFC Scheme
Industrial Stocks

Air New Zealand (NZX:AIR) awarded four months of additional cargo flights under IAFC Scheme

Summary Air New Zealand has been awarded four months of additional cargo flights under NZ Government’s IAFC scheme. The IAFC award would support AIR’s international business till the international borders reopen. The IAFC scheme st...

Moderna seeks US, EU approval for COVID-19 vaccine after it demonstrated 94.5% efficacy
World News

Moderna seeks US, EU approval for COVID-19 vaccine after it demonstrated 94.5% efficacy

Pharmaceutical giant Moderna Inc. (NYSE:MRNA) intends to ask vaccine regulators in the US, Europe, and the UK for urgent approval of its coronavirus vaccine. According to the company, they performed late-stage study of human trials for the COVID-1...

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