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Gold vs Bitcoin: Can Cryptocurrency be the next ‘Safe Haven’
January 13, 2021 02:33 PM AEDT| By Hina ChowdharyGold vs Bitcoin debate is in spotlight with Bitcoin leading the race, as more and more investors are flocking towards alternative means for return enhancement, in an environment of low interest rate and unpredictability. To Know More, Do Read: Bitco...
Zoom (NASDAQ: ZM) to Raise $1.5Bn in Secondary Share Sale
January 13, 2021 02:24 PM AEDT| By Team Kalkine Media2020 was a game-changing year for many businesses. Amid the unprecedented COVID-induced challenges, when most of the traditional businesses tumbled down, there were some companies that experienced meteoric growth. Several businesses that witnessed.....
Energy & Metal Stocks Pull TSX Higher
January 13, 2021 09:01 AM AEDT| By Team Kalkine MediaCanada’s benchamark equity gauge closed higher, led by surge in energy and base metal stocks. The S&P/TSX Composite index added 51.44 points or 0.63% to settle at 17,985.80. TSX Energy sector surged 2% to 101.48 and Metals and Mining increa...
Investment In Building Construction Down Third Straight Month In Nov’20: StatsCan
January 13, 2021 04:10 AM AEDT| By Team Kalkine MediaTotal investment in building construction across Canada slumped for the third straight month, down 0.1 per cent to C$ 15.3 billion in November 2020. The figures were released Statistics Canada on Tuesday, January 12. The investment was down...
10 Issuers Debuts On TSX in December 2020, 8 On TSXV
January 13, 2021 04:08 AM AEDT| By Team Kalkine MediaTen new issuers debuted on the on Toronto Stock Exchange (TSX) in December 2020 while eight debuted on the TSX Venture Exchange (TSXV), announced the sibling exchange’s parent TMX Group in on Tuesday, January 12, 2021. The TSX had reco...
Ontario May Invoke ‘Emergency’ Over Rising COVID-19 Toll Death
January 13, 2021 04:04 AM AEDT| By Team Kalkine MediaOntario Premier Doug Ford is set to announce slew of new COVID-19 lockdown rules on Tuesday afternoon. Several media reports claimed that the province is considering implementing “a state of emergency”. Total death toll in Ontari...
Trudeau Cabinet Rejig: Garneau Is Foreign Minister, Champagne Industry Minister
January 13, 2021 02:07 AM AEDT| By Team Kalkine MediaIn a major shakeup, Canadian Prime Minister Justin Trudeau reshuffled some key portfolios of his ministers via a virtual swearing-in ceremony on January 12, 2021. The changes were prompted after Minister of Innovation, Science and Industry Navdeep Ba...
Oil Price At 11-Month High As Dollar Weakens & Saudi Output Cut Plans
January 13, 2021 01:42 AM AEDT| By Kunal SawhneyOil prices jumped to a 11-month high as the US dollar weakened in the early hours of Monday, January 12. Brent oil price surged 1.60 per cent to US$ 56.55 per barrel, while the Crude Oil West Texas Intermediate (WTI) Futures soared as much as 1.61 .....
Medicago’s Plant-based Vaccine Candidate: Canada’s Own COVID Shot?
January 12, 2021 11:24 PM AEDT| By Hina ChowdharyWhile Canada is purchasing big batches of coronavirus shots from foreign pharmaceutical companies such as Pfizer, Moderna, etc., there is a COVID-19 vaccine brewing in its own backyard as well. And it is a plant-based one! Canadian biopharmaceutical...
Churchill Capital (NYSE:CCIV.U) Stocks Up 34% On Lucid Motors Merger Rumors
January 12, 2021 07:35 PM AEDT| By Team Kalkine MediaJoining the bandwagon of electric vehicle makers that are going public is California-based Lucid Motors Inc, which is reportedly in talks for a merger with blank check company Churchill Capital Corp IV (NYSE: CCIV.U, CCIV.U:US). The special purpose...
Parler drags Amazon to court over removal from cloud service AWS
January 12, 2021 04:54 PM AEDT| By Edita Ivancevicwith Twitter to bring the start-up down, just when Parler had started growing among masses. Start-up social media platform Parler will be having a court dispute over antitrust accusations after Amazon (NASDAQ:AMZN) suspended it from its cloud ho...
How Musk’s tweet sent a wrong ‘Signal’ soaring over 11,700%?
January 12, 2021 03:23 PM AEDT| By Kunal SawhneyIn the wake of the latest changes in WhatsApp’s privacy policy, Tesla CEO Elon Musk had urged his Twitter followers to “Use Signal”. Signal is an encrypted cross-platform instant messaging service, which is developed by Signal Fou.....
Why has the UK Top Regulator issued Warning to Crypto Investors?
January 12, 2021 02:31 PM AEDT| By Kunal SawhneyThe United Kingdom Financial Conduct Authority (FCA) has delivered a major blow to the crypto investors, stating that the investors in such products should be ready to lose it all. Be Prepared to Lose All Your Money! In an official warning, the FCA...
New Mutant Strain Reaches Japan; State of Emergency in Tokyo
January 12, 2021 01:51 PM AEDT| By Team Kalkine MediaThe ongoing global pandemic of coronavirus has taken many lives and caused enormous economic and social disruption. Just as the world celebrated the rollout of new vaccines for COVID-19, new virus strains have been identified in a few countries. T.....
Facebook bans ‘Stop the Steal’ phrase ahead of Biden’s inauguration
January 12, 2021 01:24 PM AEDT| By Edita Ivancevicoving controversial posts at least until Inauguration Day to protect US democracy. Facebook announced it would remove all posts on its platform involving ‘Stop the Steal’ reference as part of precautionary measures in the run up to t...
TSX Slumps Over COVID Surge Worries
January 12, 2021 09:15 AM AEDT| By Team Kalkine MediaThe broader equity index of the Toronto Stock Exchange ended lower on Monday (January 11), sliding from an all-time-high a day ago, as investors’ risk appetite receded amid the persistent surge in COVID-19 cases across North America and Europe....
Bitcoin drops by US$10,000 from the top; is momentum fading?
January 12, 2021 09:08 AM AEDT| By Hina ChowdharyThe entire cryptocurrency space had seen a sea of red numbers on 11 January 2021 as the forerunner spooked the markets with a massive fall of more than 18 per cent. This is the worst fall for Bitcoin since March 2020 when it fell by almost 37 per c.....
Triangle Capital & Bulldog Capital Close Investment Deal in World's 1st IVF Clinic Bourn Hall
January 12, 2021 03:41 AM AEDT| By Team Kalkine MediaCanadian specialty finance company Triangle Capital Corporation partnered with Toronto-based merchant bank Bulldog Capital Partners Inc to close the deal. Established in Cambridge, Bourn Hall is known for its pioneering work in the field o...
Donald Trump Should Pay For Damages to US Capitol Hill, Says New York Senate Candidate
January 12, 2021 03:39 AM AEDT| By Team Kalkine MediaUS President Donald Trump must pay for the damages inflicted on the Capitol Hill building in Washington, claimed Khaled Salem, who is running for the US Senate in New York. The statement comes days after media reports said that US taxpayers will be p...
Crypto Market Crashes As Bitcoin Tumbles Over 20%, Ethereum Down 25%
January 12, 2021 02:18 AM AEDT| By Kunal SawhneyAfter hitting US$ 1 trillion in market value, the crypto market plunged over 20 per cent during early trading hours of Monday, January 11. Bitcoin slumped below the US$ 33,000-mark a day after it hit its life-time high of approximately US$ 42,000 per...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025