News
Toshiba announced its plans to split
November 12, 2021 09:45 PM AEDT| By Sonal GoyalHighlights Toshiba Corp announces its plan to split into three companies by 2023. A similar announcement came forward from General Electric Co. this year. The final plan to split is yet to be disclosed by Toshiba. Following the path.....
Explained: Cryptocurrency categories – DeFi, NFT, Metaverse
November 12, 2021 09:05 PM AEDT| By Ankit SethiNo, not every digital currency powered by blockchain falls under the same umbrella. The cryptocurrency universe is as diverse as the real universe, which we define as the ‘totality of existence’. Explained: Cryptocurrency categories .....
Pantheon Infrastructure IPO: What led to oversubscription?
November 12, 2021 08:47 PM AEDT| By Suhita PoddarSustainable infrastructure investment trust Pantheon Infrastructure PLC beat its initial public offering (IPO) target and ended up raising £400 million in gross proceeds in an oversubscribed IPO, on Thursday. Pantheon Infrastructure IPO: W.....
Bitcoin’s Real Test: Can Bitcoin Save Investors Amid US Inflation Crisis?
November 12, 2021 08:29 PM AEDT| By Daniel Paul JohnsHighlights On Wednesday, the US Labour Department released its latest figures revealing the highest percentage change in consumer price index (CPI) in more than 30 years Investors are worried that the Reserve’s underestimation of inflatio.....
How Can You Mine Crypto For Free?
November 12, 2021 08:26 PM AEDT| By Daniel Paul JohnsThere are three ways to obtain cryptocurrency. Purchase it on an exchange, accept it as payment for goods and services or mine it. Most people don’t consider the third option, thinking perhaps you need a PhD in computer science. This is not .....
7 Red Hot Altcoins Burning Up the Market
November 12, 2021 07:15 PM AEDT| By Daniel Paul JohnsThe crypto market is continuing to thrive in the last two months of 2021. Bitcoin and Ethereum have reached new highs, and a list of altcoins have also achieved extraordinary growth in the month of October and November. Here’s a list of seve.....
These Top 3 Cryptos Hold Over 66% Of Crypto Market Value
November 12, 2021 07:10 PM AEDT| By Aditi SahaIn recent months, cryptocurrency investments have soared as new coins keep flowing into the market. As a result, the industry has seen unprecedented growth in terms of market participation and market cap. These Top 3 Cryptos Hold Over 66% Of Cry.....
One auto stock to buy with potential upside
November 12, 2021 06:28 PM AEDT| By Nidhi GuptaHighlights Auto Trader Group’s revenue stood at £215.4 million for the six-month period ended 30 September 2021, representing a rise of 82% year-on-year. The Group’s board declared an interim dividend of 2.7 pence per sh.....
5 ways in which Evergrande crisis can impact cryptocurrencies
November 12, 2021 05:29 PM AEDT| By Ankit SethiHIghlights Evergrande has escaped a default for now, but it still has over US$300 billion liabilities The Fed has recently warned that China’s property market can pose a global risk A selloff triggered by Evergrande default can neg.....
Why are social media platforms exploring blockchain technology?
November 12, 2021 04:11 PM AEDT| By Jasmine AnandWith its growing popularity, Blockchain technology is showing no signs of abatement. Though it started from cryptocurrencies, blockchain technology has proved its mettle in other spheres as well, with the latest addition being social media. Sour.....
Crude oil settles higher despite a strong dollar
November 12, 2021 01:25 PM AEDT| By Arpit VermaHighlights Crude oil prices settled higher on Thursday. The prices of crude oil rose significantly after OPEC cut its 2021 oil demand forecast. The US data showed that consumer price inflation rose by the fastest rate in the last 30 years at 6.....
Cryptos In Action
November 12, 2021 12:11 PM AEDT| By Daniel Paul JohnsHighlights Bank of England Governor Bailey has said he is sceptical about digital assets Australian Senator Andrew Bailey slams banks for “anti-competitive behaviour Helium, has experienced an impressive rally on the last seven days, ris.....
FTSE 100 nears 7,400 for first time in 20 months, Nasdaq jumps 1%
November 12, 2021 03:44 AM AEDT| By AbhijeetUS Markets: Wall Street indices started on a lower-to-moderately higher note on Thursday, 11 November, as investors continue to absorb the inflationary hurdles and contemplate the cumulative impact of higher-than-expected corporate earnings for the J...
Will Xi Jinping’s rule ever end in China?
November 12, 2021 02:10 AM AEDT| By Kiara KhannaChina’s Communist Party on Thursday, November 11, passed a resolution cementing President Xi Jinping’s place in history in a landmark event. The uncontested leader has rewritten the past with a third five-year term as China’s suprem...
How to plan your investment with inflation touching new highs
November 12, 2021 02:01 AM AEDT| By Rishika RainaThe risks related to sticky inflation and economic stagnation are hovering over the UK economy and their persistence is expected over the upcoming years. Disruptions due to Brexit, followed by supply chain problems and soaring energy costs, have le.....
Tesla set to extend recovery as Musk sells $5bn worth shares
November 12, 2021 01:44 AM AEDT| By AbhijeetShares of Tesla Inc (NASDAQ: TSLA), the California-headquartered clean energy corporation and electric vehicle manufacturer, are set to extend the recovery from the two-day slide of more than 16% as Co-founder and CEO Elon Musk offloads ordinary sh.....
Carnival (CCL), Evraz (EVR) & Mitie (MTO): 3 FTSE stocks to buy
November 11, 2021 11:20 PM AEDT| By Nidhi GuptaHighlights Carnival’s revenues reached $546 million in the quarter ended 31 August 2021 compared to $31 million in the same quarter in 2020. In Q3 2021, EVRAZ' crude steel output rose by 1.0% quarter-on-quarter to 3.40 million tonnes from.....
5 breakout altcoins with metaverse underpinning
November 11, 2021 08:54 PM AEDT| By Ankit SethiIf the blockchain-powered cryptocurrency pull wasn’t enough to convince critics, the metaverse addition to the space is compelling them to rethink. Metaverse is arguably the most closely observed development. Tech giant Facebook has changed .....
COP26: A Battle Between Politicians and Thousands of Climate Change Protesters
November 11, 2021 08:37 PM AEDT| By Toshiva JainHighlights “Fridays for Future, Scotland” has been leading protest rallies in Glasgow. Greta Thunberg has called COP26 discussions, “blah, blah, blah.” Protesters insist closer targets and intermediate goals.....
25 affordable Christmas gifting ideas for everyone on your list
November 11, 2021 07:05 PM AEDT| By SamtaHighlights This year’s Christmas is expected to record parcel volumes as per analysts. With shopping lists getting longer every year, some budget-friendly options can save you from extra spending. Many unique gift items are available at .....