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FTSE 100 seen opening flat to higher as GBP improves marginally
January 13, 2021 06:52 PM AEDT| By Team Kalkine MediaUK stock markets are likely to open a tad higher on Wednesday, 13 January, with the Asian equities trading largely in green tracking the upbeat Wall Street. The Great Britain pound (GBP) registering a marginal recovery is expected to support the Lond...
Is Twitter right in its attempt to censor Donald Trump?
January 13, 2021 06:40 PM AEDT| By Edita Ivancevicban Mr Trump from accessing the network has a legal ground in the First Amendment. Understanding freedom of speech and political correctness has been on high demand since social media platforms became an equivalent to ancient forums of speeches...
‘No political games’: Pence won’t invoke 25th amendment to oust Trump
January 13, 2021 04:27 PM AEDT| By Edita Ivancevicice. Ms Pelosi is expected to proceed with Mr Trump’s impeachment. Vice President Mike Pence has said that he will not use his right to invoke the 25th amendment and pronounce Donald Trump ‘unfit for office’. Mr Pence informe...
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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.....
British and European Equities Inched Lower due to Virus Concerns
January 13, 2021 06:21 AM AEDT| By Kunal SawhneyUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 9.86 points or 0.26 per cent higher at 3,809.47, Dow Jones Industrial Average Index expanded by 74.40 points or 0.24 per cent higher at 31,0...
Walmart Inc (NYSE: WMT) Ventures into Fintech Space, Forge Partnership with Ribbit Capital
January 13, 2021 01:45 AM AEDT| By Team Kalkine MediaUS multinational retailer Walmart Inc (NYSE: WMT) is expected to venture into fintech, an emerging lending and payment solution space, as it announced a strategic partnership with investment firm Ribbit Capital on Monday. The world’s biggest.....
Brexit And Crucial Law Enforcement Activities: Joint Probes to Continue
January 12, 2021 10:19 PM AEDT| By Team Kalkine MediaOn Christmas eve, the United Kingdom signed a last-minute trade deal with the European Union to avoid the chaos that could have resulted in no-deal Brexit. However, keeping things for last minute and adhering to tight deadlines often lead to policy.....
Deliveroo to expand services into 100 new cites in the UK
January 12, 2021 08:22 PM AEDT| By Team Kalkine MediaOnline delivery group Deliveroo is planning to expand its services to 100 new towns and cities across the UK in 2021. It has taken the decision in order to capitalise on its popularity during the Covid-19 pandemic. The comp...
Signature Aviation (LON: SIG) gets $4.6 billion takeover bid from GIP
January 12, 2021 08:21 PM AEDT| By Team Kalkine MediaWorld’s largest operator of private jet bases Signature Aviation Plc (LON: SIG) has agreed to a $4.6 billion buyout deal from Global Infrastructure Partners. Formerly known as BB Aviation, the LSE-listed company had received...
Sainsbury's (LON: SBRY) to enforce strong mask rules
January 12, 2021 08:15 PM AEDT| By Team Kalkine MediaJ Sainsbury PLC (LON: SBRY), just like Morrison (WM) Supermarkets (LON: MRW), has said they might need police’s help in enforcing wearing masks and other lockdown rules in its supermarkets. The supermarket major said that the...
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British consumer spending plummeted 2.3% in December: Barclaycard survey
January 12, 2021 07:49 PM AEDT| By Team Kalkine MediaSummary Fall in the UK consumer spending of 2.3 per cent YoY for the month of December has been reported by Barclayard Pubs and bars saw the consumer spend drop by 71 per cent, the report said The British consumer spending is said to have .....
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British retailers call for police help to ensure people adhere to mask guidelines
January 12, 2021 07:01 PM AEDT| By Team Kalkine MediaSummary People are flouting rules by declining to wear face masks while shopping at the stores Retail staff is subjected to violence and abuse while ensuring that the distancing and face mask rules are being followed BRC said enforcing that pe.....
FTSE 100 likely to open flat as GBP regains partially vs USD
January 12, 2021 06:12 PM AEDT| By Team Kalkine MediaUK stock markets are likely to start largely unchanged on Tuesday, 12 January, as the resurfaced fears over tighter restrictions due to rising coronavirus cases in the United Kingdom, Wall Street concluding in the negative region and mixed-bag Asian...
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...
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.....
AI on the Rise: A Look at Top AI Companies and Their Stocks