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News
FTSE 100 Set to Make a Flat-To-Soft Start Ahead of Fed Reserve Meeting
March 16, 2021 06:06 PM AEDT| By Suhita Poddare ongoing earnings results and an upcoming interest rate decision by the BoE are expected to impact London markets London’s key index FTSE 100 is expected to open on a flat-to-soft note on Tuesday, 16 March, tracking lower FTSE 100 March f...
China tightens the noose on Alibaba, tells it to divest media assets
March 16, 2021 04:10 PM AEDT| By Aayushh. These stakes are viewed unfavourably by the Chinese Communist Party. The Chinese government has ordered Alibaba Group Holdings to sell its media assets as officials were concerned about the technology giant's hold over public opinion in the...
COVID-19: How Well Have The Vaccine Makers Performed?
March 16, 2021 04:05 PM AEDT| By Mark O'DonnellSource:Dimitris Barletis ,Shutterstock There are currently four major vaccines rolling out around the world. Some of these vaccines have been developed by companies that are listed on exchanges. The amount of business these companies are doing right...
More EU nations suspend AstraZaneca’s vaccine amid growing blot clot concerns
March 16, 2021 02:13 PM AEDT| By Team Kalkine MediaSource arda ,Shutterstock Summary Major EU nations, including France, Germany, and Italy, have stopped the rollout of Oxford-AstraZeneca’s COVID-19 jab amid blot clot concerns. Meanwhile, the WHO and EU medicine regulator emphasised...
Food Delivery: Which Company Is Winning The War?
March 16, 2021 11:59 AM AEDT| By Mark O'Donnella wide margin but has not made any inroads in markets outside its home country. Food delivery services have hit their stride over the past few years. In 2020, the lockdowns enacted around the globe in response to the pandemic have been a signif....
US Stocks Edge Higher After Utilities, Consumer Cyclicals Rally
March 16, 2021 08:37 AM AEDT| By Team Kalkine MediaSource: Vintage Tone, Shutterstock Summary S&P 500 rose 0.65%, Dow Jones was up 0.53%, and NASDAQ gained 1.05%. France, Italy, and Germany halt AstraZeneca shots after blood-clog reports in patients. Stripe becomes Silicon Valley&rsq...
Did Energy and Basic Material shares drag FTSE 100 lower?
March 16, 2021 08:21 AM AEDT| By Team Kalkine MediaSource:Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 7.66 points or 0.19 per cent higher at 3,951.00, Dow Jones Industrial Average Index sur...
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Bitcoin Plunges After Crossing $61K Amid Indian Crypto Ban Report
March 16, 2021 03:39 AM AEDT| By AnujSource: Mc_Cloud, Shutterstock Bitcoin was trading at an all-time high of US$ 61,556.59 over the weekend. On early Monday morning, the giant crypto coin started dropping amid a crypto ban report from India. The world's strongest electronic currency...
10 FTSE Stocks Which Gave Over 100% Return in Last One Year
March 16, 2021 03:29 AM AEDT| By Suhita PoddarSource: whiteMocca, Shutterstock Summary Many of the FTSE stocks have doubled the investor’s money in the last one year. The overall investor sentiment in the stock markets is positive and has been supporting the markets A 100 per c...
If Netflix Has Its Way, You May Soon Need Your Own Account
March 15, 2021 11:08 PM AEDT| By Suhita PoddarSource: panuwat phimpha, Shutterstock Summary Netflix is devising a way to crackdown on password sharing. Some users reported seeing a pop-up on their screens asking them to have own accounts if they did not live with the owner of the account....
How is US Dollar index faring today?
March 15, 2021 08:17 PM AEDT| By Team Kalkine MediaSource: Mehmet Doruk Tasci, Shutterstock Summary Friday saw the US dollar index riding higher on the back of surging yields and improved economic conditions in the US. The AUD/USD pair fell 0.4% on Friday while the June US Dollar index futures...
FTSE 100 Set to Open Higher Ahead of Key US Fed and BOE Interest Rate Announcement
March 15, 2021 07:06 PM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 set to open higher on Monday, 15 March, bucking a mixed trend among Asian peers Global investors are awaiting a key US monetary policy announcement set for later this week The FTSE...
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EU faces AstraZeneca’s COVID-19 vaccine shortage amid manufacturing concerns
March 15, 2021 02:52 PM AEDT| By Team Kalkine MediaSource: OrelPhoto, Shutterstock Summary EU is confronting a shortage of AstraZeneca’s vaccine in its COVID-19 vaccination program. AstraZeneca has raised some manufacturing and export concerns that could decrease vaccine deliveries. Som...
Is oil's bull run here to stay?
March 15, 2021 01:15 PM AEDT| By Team Kalkine MediaSource: pan demin,Shutterstock Summary Crude oil floats near US$70 to start the week amid rising demand and ongoing production cuts from OPEC+. Earlier, Brent crude oil prices took off over US$70 per barrel after an oil facility in Saudi...
5 Cheap Renewable Energy Stocks To Keep An Eye On In 2021
March 15, 2021 01:00 PM AEDT| By Mark O'DonnellSource: Eviart, Shutterstock Summary Renewable energy stocks are highly desirable in the current climate. Although, some stocks can still be picked up at cheap price. The increase in renewable energy projects bodes well for the industry, .....
What fuelled Bitcoin’s recent push to US$61,000
March 15, 2021 12:28 PM AEDT| By Aayushh after US President Joe Biden signed a massive US$1.9 trillion economic relief package. On 13 March 2021, Bitcoin had made yet another record, surpassing the US60,000 mark for the first time. The rally in Bitcoin continues to take the largest c...
E-commerce boom fuelling a train of IPOs with Coupang's blockbuster debut
March 15, 2021 11:55 AM AEDT| By Team Kalkine MediaSource:Tashatuvango ,Shutterstock Summary The pandemic-induced boom in the e-commerce industry has opened new opportunities for the players. E-commerce companies like Coupang have made successful debut on the stock exchanges. Many other playe...
Taco Bell issues NFTs after a string of changes
March 14, 2021 04:11 PM AEDT| By Team Kalkine Media.5 WETH (USD 3,500), with all proceeds going towards the Taco Bell Foundation. Taco Bell recently issued non-fungible tokens (NFTs) and sold blockchain-based digital art. It has released taco-themed GIFs as well as an image on Rarible, an NFT ma...
Australia to promote tourism; to create travel bubble with Singapore
March 14, 2021 04:03 PM AEDT| By Team Kalkine Media;s “proof of vaccination” certificate to minimise the hotel quarantine period. Very soon, Australians may get to visit Singapore for vacation. According to officials, the government is planning to create a travel bubble with Singapor...
Google smashes Microsoft over hacks and media revenue payments
March 14, 2021 03:59 PM AEDT| By Team Kalkine Mediae plans to spend USD 1 billion to license content from media firms. Tech giants Google and Microsoft stood at loggerheads as Google accuses Microsoft of siding with Government laws to undercut a rival when the company itself is fighting co...
AI on the Rise: A Look at Top AI Companies and Their Stocks