News
Australia’s First Crypto ETF to Launch on Thursday
November 01, 2021 12:59 PM AEDT| By Daniel Paul JohnsHighlights BetaShares Crypto Innovators ETF (ASX: CRYP), will be the first crypto-themed ETF and will be launched on the ASX this coming Thursday CRYP will aim to track the Bitwise Crypto Industry Innovators 30 Index before fees and expenses C.....
Businesses post better-than-expected growth in Britain
October 31, 2021 06:02 PM AEDT| By Ankit SethiBusinesses in Britain showed signs of growth in the three months ending October, the Confederation of British Industry (CBI) confirmed on Sunday, October 31, 2021. Better recovery, better GDP growth Though supply chain disruptions and a resurgenc.....
Trump-era steel & aluminum tariffs on Europe set to end
October 31, 2021 05:58 PM AEDT| By Ankit SethiHighlights The US and Europe reach a deal to end tariffs and give the industry a breather Tariffs on steel and aluminium were imposed by former President Trump Europe had levied retaliatory tariffs on US goods like bourbon whiskey .....
G20 leaders support global minimum tax to curb tax avoidance
October 31, 2021 05:55 PM AEDT| By Ankit SethiG20 leaders, who are meeting in-person for the first time after the outbreak of the Covid pandemic, have endorsed the global minimum tax. 15% minimum levy This paves the way ahead for a minimum 15 per cent tax on companies. It is aimed at corpora.....
How China’s tax structure is a threat to UK firms Boohoo, Asos
October 31, 2021 10:54 AM AEDT| By Rishika RainaHighlights Several tax perks are being exploited by Chinese fast-fashion giant Shein in a bid to overshadow some of the Britain’s top online retailers. UK-based online fashion retailers Boohoo and Asos are threatened by this move. Shein'.....
What are the top five cryptocurrencies with the fastest growth in 2021?
October 31, 2021 12:35 AM AEDT| By Aditi SahaHighlights 2021 has already led to be a year to remember, with more bull runs, celebrity tweets, and upgrade releases. These top five fastest-growing cryptos offer a wide range of applications and have shown to be significant assets in the cryp.....
US bitcoin ETF launched; Financial and crypto markets are finally married!
October 31, 2021 12:00 AM AEDT| By Aditi SahaWhat a month it's been for cryptocurrency lovers! Stock investors could be envious of their crypto kin. The debut of a crypto-based ETF approved by the Securities Exchange Commission in the U.S has made history in the crypto world. The introductio.....
Weekly roundup of FTSE 100 risers and fallers (October 25 - 29)
October 30, 2021 10:09 AM AEDT| By Sreenivas D AjankarFTSE 100 remained mostly subdued in the passing week that saw the mega event of Autumn Budget 2021 and lost its momentum towards the end. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 25...
Famous five of business this week (October 25-29)
October 30, 2021 10:01 AM AEDT| By Nidhi GuptaMonday – October 25 1. Ocado Group Plc (LON: OCDO) Ocado, an online supermarket giant, has built washing-machine sized bots. These bots have garnered the interest of many international retailers who are stru...
US indices close flat, weighed down by tech stocks
October 30, 2021 08:00 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed the week flat on Friday, October 29, weighed down by losses in technology stocks as inflation concerns rose after the latest government economic data. The S&P 500 was up 0.19% to 4,605.38. The Dow Jones fell 0.25% to...
FTSE 100 ends Oct in green, Dow on track to finish near record high
October 30, 2021 04:00 AM AEDT| By AbhijeetUS Markets: Wall Street resumed with a mixed-bag of trade as Dow Industrials oscillated in the positive territory after starting in red, while the broader S&P 500 and Nasdaq Composite traded in the negative region as earnings dejection weighed on...
EverGrow, dubbed as next Shiba Inu, rises. Where to buy this crypto?
October 30, 2021 03:44 AM AEDT| By Raza NaqviHighlights At the time of writing, EverGrow crypto was up by 47.5 per cent in the last 24 hours. EverGrow crypto has a revolutionary rewards system, which could be a reason behind the increased attention of crypto enthusiasts. EGC token is peg.....
Pandemic troubles persist as Covid cases in England climb 1 million
October 30, 2021 02:04 AM AEDT| By AbhijeetHIGHLIGHTS Pandemic hardships for UK economy and businesses continue Covid-19 infections in England remain over 1 million in week ending 22 October Infection ratio is worst in Wales where 1 in every 40 individuals have Covid-19 The pandem.....
Rio Tinto and BlueScope Steel to explore green energy to reduce carbon footprint
October 30, 2021 01:09 AM AEDT| By AayushAs Australia aims to lower its carbon footprint by 35% below the 2005 level by 2030, big steelmakers are bracing to step up their game. One of Australia’s largest miners, Rio Tinto Limited (ASX:RIO), with a market capitalisation of AU$34.4 mi.....
Here Are The Top 10 Richest Women Of 2021
October 30, 2021 12:59 AM AEDT| By SamtaHighlights Approximately 328 women have made to the Forbes billionaires list from last year. As per various media reports, there were no women positioned in the top 10 richest people in the world. However, Francoise Bettencourt Meyers ha.....
Will El Salvador and Hungary's embrace of Bitcoin make it immortal?
October 30, 2021 12:45 AM AEDT| By Aditi SahaEl Salvador created history on 7 September 2021, when it became the first nation to recognise Bitcoin as legal tender. Salvadoran President Nayib Bukele's move to embrace cryptocurrencies was historic, and the crypto community was flooded with joy......
Can electric batteries help shipping industry go green?
October 30, 2021 12:38 AM AEDT| By Arpit VermaHighlights The global shipping industry is likely to witness a significant rise in its greenhouse gas emissions by 2050. Technological advancements and operational measures are required to help international shipping meet its climate goals. St.....
Is Bitcoin better than gold as hedge against high inflation?
October 29, 2021 11:38 PM AEDT| By Ankit SethiHighlights In YTD terms, Bitcoin has an edge over gold and the former appears a better hedge against inflation Crypto assets’ bull run is often fragile and unpredictable, with timing holding the key Institutional interest in crypto.....
Volvo IPO: When can UK investors buy shares of this automaker?
October 29, 2021 08:17 PM AEDT| By Suhita PoddarHighlights Automaker Volvo Car AB’s IPO will be launched on the Nasdaq Stockholm Exchange today, a day later than its initial plan. The company now has a valuation of about US$ 18 billion, compared to its earlier US$ 23 billion valuation......
Why is eco-friendly crypto SPE gaining investors’ attention?
October 29, 2021 07:32 PM AEDT| By Aditi SahaHighlights Save Planet Earth (SPE) cryptocurrency was introduced in early 2021 SPE forges alliances with non-governmental and government organisations to tackle climate change by launching global environmental initiatives and programmes. .....