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Facebook responds to WSJ’s accusations
September 19, 2021 05:02 PM AEST| By Neha SimpyHighlights Recently, Facebook has reacted to the allegations made by the Wall Street Journal. WSJ’s one of the allegations were on FB owned Instagram affecting mental health. FB’s vice-president of global affairs acknowledged the c.....
Why is France upset over Aukus submarine deal?
September 19, 2021 04:58 PM AEST| By Neha SimpyHighlights Lately, Australia has inked Aukus deal with the US and the UK, providing Australia the technology to develop submarines with nuclear powers. Reacting to the deal France recalled two of the French ambassadors to the US and Australia t.....
Space X’s Inspiration4 alights successfully on Earth after 3-day mission
September 19, 2021 04:56 PM AEST| By Neha SimpyOn Saturday, 18 September, a crew of four individuals made a safe come back to the planet Earth post orbiting in space for 3 days. After landing on Earth, the crew members boarded the helicopter to NASA’s Kennedy Space Center. Source: Copy.....
Weekly roundup of FTSE 100 risers and fallers (September 13 -17)
September 18, 2021 09:08 AM AEST| By Sreenivas D AjankarFTSE 100 had a subdued trade on the weekly basis, led by a trend reversal on the last day of the week. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 13 September 2021 Top riser: Royal Mail P...
Famous five of business this week (September 13-17)
September 18, 2021 09:04 AM AEST| By Nidhi GuptaMonday – September 13 1. Marks and Spencer Group Plc (LON: MKS) Marks and Spencer Group Plc, a UK-based high-street home, fashion, and food retailer, plans to shut down select 20 stores and retail outlets in Fran...
US stocks close in a sea of red as tax hike fears grow
September 18, 2021 07:09 AM AEST| By Sanjeeb BaruahUS stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...
FTSE 100 Breached 7,000 Level; Travel Stocks in Focus
September 18, 2021 04:07 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 34.36 points or 0.77 per cent lower at 4,439.40, Dow Jones Industrial Average Index dipped by 200.05 points or 0.58 per cent lower at 34,551.2...
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Is gold as attractive as Bitcoin?
September 18, 2021 01:01 AM AEST| By Arpit VermaSource: Copyright © 2021 Kalkine Media The euphoria of cryptocurrencies has dimmed the appeal of gold which is traditionally considered as an important asset class for investment. The gold price has grown significantly in the past 20 years an.....
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FTSE trades in green supported by airlines and casino stock
September 18, 2021 12:39 AM AEST| By Sreenivas D AjankarHighlights FTSE 100 trades modestly in green at 7,033, in the second half of the trade, while the mid-cap focused FTSE 250 index trades at 23,775, up by 0.60%. Consumer-centric businesses like airlines and sports betting and gambling sector.....
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How Covid rent debt crisis will get worse with Universal Credit cut
September 17, 2021 11:15 PM AEST| By Rishika RainaHighlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next.....
A week when APAC markets were in mostly in red
September 17, 2021 09:44 PM AEST| By Furquan MoharkanThe Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the .....
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Marley Group IPO: When can you buy shares of this roofing specialist?
September 17, 2021 09:19 PM AEST| By Suhita PoddarUK-based roofing specialist company Marley Group Plc confirmed its plans to float on the London Stock Exchange (LSE), on Thursday. The group, which is the UK’s largest maker of roofing tiles, said it plans to list on the LSE’s main mar.....
Elrond Crypto Experiences Rapid Growth – But Why?
September 17, 2021 06:14 PM AEST| By Daniel Paul JohnsThe price movements of various cryptocurrencies can be mysterious even to the most avid crypto market enthusiasts. Sudden price surges and rapid falls are often unexpectedly, and it’s only after the movement do people rationalise the reasons......
Here’s how AI can help treat COVID-19 patients
September 17, 2021 06:11 PM AEST| By Tripti JoshiHighlights Artificial intelligence and machine learning in healthcare can help in disease prevention, diagnosis, as well as in developing customised treatments. The current COVID-19 pandemic has sparked new research to use artificial inte.....
Decoding inflation: What is it and how does it impact economy of a country?
September 17, 2021 01:18 PM AEST| By Furquan MoharkanGovernments across the world bother about mostly two economic indicators – inflation and gross domestic product (GDP). The latter shows the economic might of the country; higher the GDP growth of the country, the better positioned its governmen...
‘Fuming over Australia's submarine deal, France cancels US gala’
September 17, 2021 12:52 PM AEST| By Team Kalkine MediaFrance has moved to cancel the gala to commemorate the “240th Anniversary of the Battle of the Capes,” after Australia abruptly cancelled submarine contract with the European nation and opted for a one with the US. Representative Ima.....
US stocks retreat after mixed economic data
September 17, 2021 07:37 AM AEST| By Sanjeeb BaruahBenchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...
Industrial Stocks Pushed FTSE 100 Marginally Higher; Superdry up 14.91%
September 17, 2021 04:48 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 27.98 points or 0.62 per cent lower at 4,452.72, Dow Jones Industrial Average Index dipped by 197.57 points or 0.57 per cent lower at 34,616.8...
FTSE 100 trades higher boosted by Ashtead Group’s earnings
September 17, 2021 01:00 AM AEST| By Sreenivas D AjankarHighlights FTSE100 has moved higher by 0.47% to trade at 7,051, while mid-cap focused FTSE250 index was up by 0.59%. Major European indexes are also trading in green after ECB president Christine Lagarde said the Euro Zone economy is reco.....
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Peel Hunt IPO: What to expect from investment banker’s AIM float
September 16, 2021 10:31 PM AEST| By Nidhi GuptaPeel Hunt, a London-based broker and a well-established small- and mid-cap focused investment bank, plans to go public on the Alternative Investment Market (AIM), a sub-market of the London Stock Exchange (LSE) on 29 September 2021. It is expecting.....
