FTSE 100 slips, then flips as Wall Street shines after 3-day carnage

• May 07, 2021 09:55 AM BST
• Aayush

Summary The institutional demand for exposure to Bitcoin has continued to grow significantly in the derivative space. Goldman Sachs has started to offer a new derivative product to its clients, which closely tracks the price of Bitcoin. The de...

• May 07, 2021 09:51 AM BST
• Team Kalkine Media

Summary Viruses continually mutate, and sometimes new variants emerge that can persist for a longer time. Experts warn that more COVID-19 variants are anticipated to arise in the upcoming months. Meanwhile, Moderna’s new booster shot has...

• May 07, 2021 08:18 AM BST
• Furquan Moharkan

Summary Unruffled by Fed warning, APAC markets continued their rally on Friday. The rally was led by Taiwanese and Indian stocks. The only laggards in the region include New Zealand and Indonesia The equity markets in the Asia Pacific (AP...

• May 07, 2021 07:18 AM BST
• Suhita Poddar

Summary A study found that the UK would need 410,000 jobs in small businesses in order to return to the pre-Covid growth path. In the UK, job losses in small business seem to have been almost double of the job losses seen in big businesses. ...

• May 07, 2021 07:07 AM BST
• Team Kalkine Media

Summary Palladium prices surged to all-time-high levels on strong demand and supply deficits. The ongoing disruptions in Russian and South African mines have created a supply deficit in the market. Joe Biden’s infrastructure plan and sti...

• May 07, 2021 04:22 AM BST
• Furquan Moharkan

Summary The Class A shares of Berkshire are trading at US$435,120 This is higher than what NASDAQ computers can record The company has never had a stock split. The Class A shares of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) h...

• May 07, 2021 03:41 AM BST
• Roma

Summary COVID-19 spreading chaos in the Everest Nepal amongst other nations trying their best to control the second wave While travel is the worst hit, concerns over this years’ expeditions. Covid-19 has swept through the world like...

• May 07, 2021 03:14 AM BST
• Furquan Moharkan

Summary Fed warns of potential ‘significant decline’ in the asset prices. Fed governor calls for stronger safeguard. The US apex bank also warns about potential deterioration in the asset quality. The US Federal Reserve (Fed) ...

• May 07, 2021 02:48 AM BST
• Team Kalkine Media

Summary Electric vehicles (EVs) have witnessed a ground-breaking journey in the past one year. The need for green energy coupled with technological advancements have steered the EV revolution. The battery metal production process poses serious...

• May 07, 2021 02:15 AM BST
• Team Kalkine Media

Digital payments behemoth PayPal Holdings, Inc. (NASDAQ: PYPL) and Square, Inc. (NYSE: SQ) reported stellar first-quarter results amid the government’s stimulus payments and bitcoin transactions. While PayPal posted significant growth in its...