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News
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 08, 2021 03:21 AM AEDT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
UK’s Crypto Derivatives Ban Effective Now: 10 Key Things to Know
January 08, 2021 01:43 AM AEDT| By Team Kalkine MediaUnited Kingdom’s Cryptocurrency derivatives ban to the retail customers has come into effect from 6 January Now any organisation offering such services to retail customers should be considered as a scam The UK capital market regulator F...
Gold breaking out of slumber, what are charts saying?
January 08, 2021 12:30 AM AEDT| By Team Kalkine MediaGold has been under a crabwalk for a while with economic situations around the globe taking a turnaround with the rollout of COVID-19 vaccine. The spot market has been stuck in a range for quite a while; however, after a period of slow moves, gold ha...
US Congress Upholds Joe Biden’s 2020 Presidential Win, Trump Accepts Defeat
January 07, 2021 11:32 PM AEDT| By Hina ChowdharyThe US Congress has formally certified President-elect Joe Biden’s victory in the 2020 presidential election in the early morning hours of Thursday, January 7. In the joint session held by the House and Senate, congressional leaders confirmed.....
WeWork outline radical steps to survive Covid crisis
January 07, 2021 10:09 PM AEDT| By Team Kalkine MediaWeWork has outlined a few radical steps in a bid to survive Covid-19 crisis while raising long term future. The company signed a series of new leases for buildings in 2019, following which, it racked up losses of £234 million. In the short...
M&S (LON: MKS) to acquire clothing chain Jaeger
January 07, 2021 10:01 PM AEDT| By Team Kalkine MediaMarks and Spencer Group Plc (LON: MKS) will acquire London-based clothing chain Jaeger after it fell into administration last year. M&S will sign an agreement to acquire the brand soon. Jaeger is part of the Edinburgh Woollen Mill Group and is...
CMA starts probe into Nvidia's $40billion takeover of Arm
January 07, 2021 09:54 PM AEDT| By Team Kalkine MediaThe Competition and Markets Authority has launched a probe into the £29.5 billion takeover deal of the UK-based chip designer Arm Holdings by Nvidia on competition concerns. In September, Nvidia announced that it would buy the British tech g...
US Capitol Riots: Facebook and Twitter block Trump’s Accounts
January 07, 2021 08:24 PM AEDT| By Team Kalkine MediaIt was a Black Wednesday for the United States. The US Capitol was under siege when an armed and angry mob stormed one of the most iconic buildings and attacked the police when the Congress was about to validate Joe Biden’s presidential win. .....
Sustainable Investing in The UK And Handbook Launch of Tokyo Exchange To Assist Identifying Companies
January 07, 2021 07:14 PM AEDT| By Team Kalkine MediaSummary 2020 witnessed strong momentum in ESG investments and the trend is expected to continue. Industry experts strongly believe that sustainable investments do not necessarily mean lower returns. The devastation caused by the pandemic h.....
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Market Updates: 7 January
January 07, 2021 06:37 PM AEDT| By Team Kalkine MediaFTSE 100 set to open higher tailing positive global cues UK stock markets are set to open on a positive footing on Thursday, 7 January, with the FTSE 100 nudging over 10-month highs and the index witnessing the best start ever to a new year. The pos...
AstraZeneca (LON: AZN) vaccine rollout gets extended to general practitioners
January 07, 2021 06:26 PM AEDT| By Team Kalkine MediaSummary Government aims to vaccinate all the four most vulnerable groups within the next one and a half months’ period The UK’s National Health Service (NHS) has informed that some doctors’ practices would be able to offer.....
Willis Towers Watson names Lee Garvey as Financial Solutions head for ANZ
January 07, 2021 05:53 PM AEDT| By Team Kalkine MediaWillis Towers Watson, an international advisory, broking, and solutions firm, has roped in Lee Garvey as the head of financial solutions for ANZ. Lee Garvey has re-joined the Company after leaving in 2012. In between, he worked with a global insur.....
Democrats win Senate majority, woman shot dead during White House chaos
January 07, 2021 03:35 PM AEDT| By Edita Ivancevicockdown, as Trump supporters started protesting against the president-elect Biden. The state of Georgia concluded an ongoing political run-off between Democrats and Republicans after Democrat Jon Ossoff secured the party’s majority in the...
Pro-Trump Protesters Attack US Capitol Hill, One Dead
January 07, 2021 02:25 PM AEDT| By Team Kalkine MediaShocking after-effects of the US presidential election seem far from coming to an end. Amid the prolonged tense situation where the incumbent President Trump has been refusing to accept the election results, the course of events took an ugly turn o.....
NYSE now confirms delisting of three Chinese telcos
January 07, 2021 12:32 PM AEDT| By Kunal SawhneyFor the second time in less than a week, the New York Stock Exchange (NYSE) has said it would delist the NYSE-listed shares of three Chinese telecommunications companies. Source: Pixabay The exchange had reversed its original decision aft.....
FTSE 100 Accelerated to 10-month High, Led by Energy and Financial Stocks; HSBC Holdings Stock Zoomed by 9.92%
January 07, 2021 07:29 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 50.16 points or 1.35 per cent higher at 3,777.02, Dow Jones Industrial Average Index expanded by 599.68 points or 1.97 per cent higher at 30...
Market Updates (2): 6 January
January 07, 2021 02:09 AM AEDT| By Team Kalkine MediaFTSE 100 hits 10-month high; HSBC (LON: HSBA), BP (LON: BP) gain up 8% UK stock markets spearheaded the European markets with the benchmark FTSE 100 hitting a 10-month high on Wednesday, 6 January, while Great Britain pound (GBP) suffered a...
Wereldhave (AMS: WHA) Disposes Shopping Centers To French Company Vinci SA
January 07, 2021 12:23 AM AEDT| By Hina ChowdharyNetherlands-based closed end real estate investment company Wereldhave NV (AMS: WHA) has sold two of its shopping centres to French construction and infrastructure company Vinci SA for €57 million. The valuation was based upon the book value o.....
Euro shines vs USD ahead of PMI release; German bond yields rise to five-week high
January 07, 2021 12:21 AM AEDT| By Kunal SawhneySummary The EUR vs USD pair has been trading at a 52-week high on Wednesday The persisting weakness in greenback has lifted many European, as well as global currencies Germany’s 10-year bond yields are hovering at a 5-week high on 6 Janu.....
World Bank on coronavirus vaccination: Working to resolve legal hurdles
January 06, 2021 11:38 PM AEDT| By Team Kalkine MediaDavid Malpass, President of the World Bank Group, has said that the World Bank is working closely with over 100 countries to provide them with low-interest loans and funds so that they can purchase and distribute the Covid-19 vaccines. Dur.....
AI on the Rise: A Look at Top AI Companies and Their Stocks