News

Is Paraguay ready to legalize Bitcoin as a legal tender? Don’t get your hopes up just yet!
June 27, 2021 03:59 PM AEST| By Mohammad ZaidSummary The buzz around cryptocurrencies seems to be unending, with events and rumours driving the crypto markets crazy. Rumours about Paraguay recognizing Bitcoin as a legal tender have been surfacing in the markets. Several major economies a.....

Pfizer, Moderna COVID-19 vaccines under the lens as FDA adds heart inflammation warning
June 27, 2021 02:29 PM AEST| By Mohammad ZaidSummary The US FDA has added a warning for Pfizer and Moderna COVID-19 vaccines to suggest an unusual risk of heart inflammation. Experts believe that the benefits of receiving vaccines outweigh the risks associated with them. WHO scientists h.....

Volkswagen shifts focus on EVs as it plans to move away from combustion engine sales
June 27, 2021 02:13 PM AEST| By Mohammad ZaidSummary Growing concerns around sustainable modes of transportation are compelling leading automakers to take initiatives that are boosting electric vehicles demand. German auto giant Volkswagen is planning to focus more on electric vehicles an.....

Carbon-tracking startups sprout as climate action takes centerstage
June 27, 2021 08:16 AM AEST| By Team Kalkine MediaAs climate change issues gain traction globally, many carbon-tracking startups are popping up across the world. And guess what? Their clients are ready to pay hefty amounts to get accurate forest data that can help determine carbon presence or seques...

How covid is changing our fitness habits
June 27, 2021 08:13 AM AEST| By Team Kalkine MediaCovid has been an eye-opener for most people. It showed how a virus can wreak havoc in society, destroy lives and economies, but most importantly, it underscored the importance of health in life. Shaken and heartbroken by the daily deluge of disturb...

How food waste is adding on to the global warming
June 27, 2021 12:46 AM AEST| By Team Kalkine MediaFood waste is a persistent problem across the world. In 2019, according to a recent UN report, around 930 million tonnes of food sold in 2019 landed in dustbins, part of it was not even consumed. It is a known fact that almost 33 per cent of the fo.....

Is euphoria around gold stocks short lived?
June 27, 2021 12:22 AM AEST| By Team Kalkine MediaInvestments in gold can be done by buying physical gold or exchange traded funds or stock in gold mining, refining, and production. Regardless of who the investor is, it is essential to diversify the portfolio. Especially in case of gold which is a h...

John McAfee found dead in jail: A peek into the software titan’s life
June 27, 2021 12:17 AM AEST| By Furquan MoharkanJohn McAfee, the security software pioneer who seemed to live his life on the edge while mired in a gamut of legal woes, was found dead in his jail cell near Barcelona on Wednesday. Mr. McAfee reportedly died by suicide hours after a Spanish court a...

Why are electric cars bad for the environment?
June 27, 2021 12:14 AM AEST| By Tripti JoshiSummary Electric cars are gaining attention as they are believed to be one of the most sustainable modes of transportation. While electric cars are better for the atmosphere than petrol or diesel cars, they have their fair share of problems. A.....

Why NATO sees climate change as a major threat?
June 26, 2021 08:08 PM AEST| By Team Kalkine MediaClimate change has wreaked havoc across the world with heatwaves, droughts, floods, and icy weather conditions, killing millions of lives in these catastrophic events. While the EU already has an overarching framework to address the issue, its milita...
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How does a cryptocurrency work?
June 26, 2021 12:06 PM AEST| By Team Kalkine MediaSummary There are nearly 10000 cryptocurrencies traded in the crypto stock exchanges. Crypto currencies are highly volatile and should be invested in carefully and wisely. The only intrinsic value is their cryptic codes. Cryptocurrency ha.....

Weekly roundup of FTSE 100 risers and fallers (June 21-25)
June 26, 2021 09:41 AM AEST| By Kamalika GhoshFTSE 100 trended higher in the week ended 25 June. Here we are giving the roundup of gainers and losers of every day during the passing week. 21 June 2021 Top riser Ocado Group Plc (LON: OCDO): The online grocery retailer closed at...

Famous five of business this week (June 21-25)
June 26, 2021 09:38 AM AEST| By Suhita PoddarMorrison (WM) Supermarkets Plc (LON: MRW) Supermarket chain Morrisons turned down a £5.5bn ($7.65bn) preliminary takeover bid from US private equity firm Clayton Dubilier and Rice (CD&R) on Monday, 21 June 2021. However, considering a .....

US stocks close week on positive note as financials lead
June 26, 2021 07:23 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week on a positive note on Friday, June 25, as stocks saw broad gains led by financials despite some minor pushback from the tech segment. The S&P 500 was up 0.33% to 4,280.70. The Dow Jones gained 0.69% to 34,433...

Basic Materials & Energy shares lifted FTSE 100; S&P 500 hit all-time high
June 26, 2021 04:55 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.81 points or 0.30 per cent higher at 4,279.30, Dow Jones Industrial Average Index surged by 241.15 points or 0.71 per cent higher at 34,4...

Microsoft roped in as Principal Partner for COP26 Glasgow Summit
June 26, 2021 01:29 AM AEST| By AbhijeetSummary Microsoft has been roped in as a Principal Partner for the COP26 The summit has eight other domestic corporations and one Japanese MNC All these businesses are playing a vital role in climate change action Microsoft Corporation (N.....

Who should invest in cryptocurrencies?
June 26, 2021 01:11 AM AEST| By AbhijeetSummary Cryptocurrencies have remained volatile over the years On the other hand, the institutional participation have grown The wild swings in the indicated prices remain a common thin Cryptocurrencies have remained volatile over the yea.....

Here’s why net zero emission is a pressing priority
June 26, 2021 01:01 AM AEST| By Team Kalkine MediaSummary Net-zero emission means removing all human-caused greenhouse gas (GHG) emissions from the atmosphere through the carbon removal process. The last decade (2010-2019) proved to be the warmest on record, with the GHG emissions continuing t.....

Do you know how long it takes to mine one Bitcoin?
June 26, 2021 12:57 AM AEST| By AkshaySummary Bitcoin, a decentralised digital currency, hit its all-time high of US$64,899 in April this year. In the past one year, Bitcoin has delivered an approximate return of 238%. The ideal time taken to mine a Bitcoin is only 10 minutes, but.....

Northern Ireland developments could finally mean a truce between the UK and EU
June 25, 2021 07:02 PM AEST| By Kamalika GhoshSummary The Irish government has hinted at a possible truce between the European Union and the UK. The Northern Ireland Protocol necessitates checks on goods, like chilled meats, at ports while entering the UK. UK granted a grace period on bor.....
AI on the Rise: A Look at Top AI Companies and Their Stocks