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FTSE trades in green supported by airlines and casino stock
September 18, 2021 12:39 AM AEST| By Sreenivas D AjankarHighlights FTSE 100 trades modestly in green at 7,033, in the second half of the trade, while the mid-cap focused FTSE 250 index trades at 23,775, up by 0.60%. Consumer-centric businesses like airlines and sports betting and gambling sector.....
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How Covid rent debt crisis will get worse with Universal Credit cut
September 17, 2021 11:15 PM AEST| By Rishika RainaHighlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next.....
A week when APAC markets were in mostly in red
September 17, 2021 09:44 PM AEST| By Furquan MoharkanThe Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the .....
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Marley Group IPO: When can you buy shares of this roofing specialist?
September 17, 2021 09:19 PM AEST| By Suhita PoddarUK-based roofing specialist company Marley Group Plc confirmed its plans to float on the London Stock Exchange (LSE), on Thursday. The group, which is the UK’s largest maker of roofing tiles, said it plans to list on the LSE’s main mar.....
Elrond Crypto Experiences Rapid Growth – But Why?
September 17, 2021 06:14 PM AEST| By Daniel Paul JohnsThe price movements of various cryptocurrencies can be mysterious even to the most avid crypto market enthusiasts. Sudden price surges and rapid falls are often unexpectedly, and it’s only after the movement do people rationalise the reasons......
Here’s how AI can help treat COVID-19 patients
September 17, 2021 06:11 PM AEST| By Tripti JoshiHighlights Artificial intelligence and machine learning in healthcare can help in disease prevention, diagnosis, as well as in developing customised treatments. The current COVID-19 pandemic has sparked new research to use artificial inte.....
Decoding inflation: What is it and how does it impact economy of a country?
September 17, 2021 01:18 PM AEST| By Furquan MoharkanGovernments across the world bother about mostly two economic indicators – inflation and gross domestic product (GDP). The latter shows the economic might of the country; higher the GDP growth of the country, the better positioned its governmen...
‘Fuming over Australia's submarine deal, France cancels US gala’
September 17, 2021 12:52 PM AEST| By Team Kalkine MediaFrance has moved to cancel the gala to commemorate the “240th Anniversary of the Battle of the Capes,” after Australia abruptly cancelled submarine contract with the European nation and opted for a one with the US. Representative Ima.....
US stocks retreat after mixed economic data
September 17, 2021 07:37 AM AEST| By Sanjeeb BaruahBenchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...
Industrial Stocks Pushed FTSE 100 Marginally Higher; Superdry up 14.91%
September 17, 2021 04:48 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 27.98 points or 0.62 per cent lower at 4,452.72, Dow Jones Industrial Average Index dipped by 197.57 points or 0.57 per cent lower at 34,616.8...
FTSE 100 trades higher boosted by Ashtead Group’s earnings
September 17, 2021 01:00 AM AEST| By Sreenivas D AjankarHighlights FTSE100 has moved higher by 0.47% to trade at 7,051, while mid-cap focused FTSE250 index was up by 0.59%. Major European indexes are also trading in green after ECB president Christine Lagarde said the Euro Zone economy is reco.....
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Peel Hunt IPO: What to expect from investment banker’s AIM float
September 16, 2021 10:31 PM AEST| By Nidhi GuptaPeel Hunt, a London-based broker and a well-established small- and mid-cap focused investment bank, plans to go public on the Alternative Investment Market (AIM), a sub-market of the London Stock Exchange (LSE) on 29 September 2021. It is expecting.....
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Experian, Tullow, MGC Pharma & CAML: 4 FTSE investment ideas for the day
September 16, 2021 09:26 PM AEST| By Sreenivas D AjankarHighlights The UK stock markets had turned a bit sombre with the inflation in the UK rising to 3.2% in August. Many economists and market experts predict inflation could reach a 5% level by the end of this year. Experian Plc, Tullow Oil Plc (U.....
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Top carbon emitters fall short of goals. Where does UK stand?
September 16, 2021 09:19 PM AEST| By Priya BhandariTop corporate carbon emitters failed to disclose the effect of climate risk in their financial statement 2020, reducing the chances of meeting global emission targets, according to a study conducted by the Carbon Tracker and the Climate Accounting .....
AUKUS: Australia, UK, US join forces to stave off Chinese threat
September 16, 2021 08:15 PM AEST| By Furquan MoharkanHighlights US, UK and Australia have joined hands to thwart the Chinese influence in Indo Pacific The partnership has been named as AUKUS. This follows up Quad – a partnership between US, Australia, Japan and India &ndash.....
Healthcare giants on track to develop COVID-19 booster shot over waning post-vaccine immunity
September 16, 2021 06:50 PM AEST| By Tripti JoshiA COVID-19 booster shot is an additional dose administered after the protection obtained from the original doses starts to drop. The booster or a third dose is meant to help people maintain their immunity level for a longer period. RELATED ARTICLE.....
Looking for an NFT-based business? Here are 10 ideas
September 16, 2021 05:37 PM AEST| By AayushNon-fungible tokens, commonly known as NFTs, have gained phenomenal popularity over the last few months. All this craze has led people to invest tons of money into this revolutionary technology. These tokens are “non-fungible”, which me.....
Top 10 altcoins institutional investors are focusing on
September 16, 2021 02:57 PM AEST| By AshishAltcoins or alternative coins is a term used to describe all cryptocurrencies other than Bitcoin. As alternatives of Bitcoin and traditional fiat money, these cryptocurrencies are known as altcoins. These coins have characteristics similar to Bitco.....
Australia to get nuclear submarines amidst growing tension in South-China Sea
September 16, 2021 02:31 PM AEST| By Priyanka PayalHighlights US President Joe Biden has said that the US will share secret nuclear technology to assist Australia in shifting to nuclear-powered boats. A trilateral partnership was unveiled Wednesday between US, UK and Australia. The new partner.....
Five DeFi coins charting an upward trajectory
September 16, 2021 01:58 PM AEST| By AayushDecentralised finance or more commonly known as DeFi is a technology which essentially aims to recreate the traditional financial system with blockchain based technology. What sets DeFi applications apart is that they can operate without the interf.....
AI on the Rise: A Look at Top AI Companies and Their Stocks