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Oil slips on demand concerns in the US and Asia
September 08, 2021 11:41 AM AEST| By Team Kalkine MediaCrude Oil Price Fall Down with Refinery Plant and Currency Highlights Crude oil prices inched lower on Tuesday. Saudi Arabia has cut the rates of crude oil for Asian markets. Oil prices got support from supply disruptions in the US. Crud...
EI Salvador grabs the spotlight adopting Bitcoin as its official currency
September 08, 2021 10:21 AM AEST| By Team Kalkine MediaHighlights EI Salvador became world’s first country to make Bitcoin its official currency. The country bought 400 bitcoins running ahead of the roll-out, planning to buy a lot more of them. Salvadoran Government launched its wallet app.....
US stocks drift on slow pace of economic recovery
September 08, 2021 08:00 AM AEST| By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...
British & European Equities Inched Lower; Shares of Esken Jumped 12.94%
September 08, 2021 04:26 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 16.83 points or 0.37 per cent lower at 4,518.60, Dow Jones Industrial Average Index dipped by 250.92 points or 0.71 per cent lower at...
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PM Johnson raises taxes to fund social care, NHS
September 08, 2021 01:19 AM AEST| By Rishika RainaHighlights PM Boris Johnson declared that his government would raise taxes for funding social care reforms and the National Health Service. Johnson plans to increase the UK’s National Insurance levy by 1.25%, with taxes on shareholders al.....
FTSE100 trades lower, dragged by tax hike announcement
September 08, 2021 01:10 AM AEST| By Sreenivas D AjankarFTSE100 traded modestly in the negative zone, down by 0.18% at 7,174 in the afternoon trades, while the mid-cap focused FTSE 250 index trades at 24,177, down by 0.29%. The UK government today announced a tax hike of 1.25% on shareholders profits al.....
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El Salvador Adopts Bitcoin – 5 Knock on Effects
September 07, 2021 10:43 PM AEST| By Daniel Paul JohnsEl Salvador has officially become the first country in the world to adopt Bitcoin as legal tender alongside the dollar. This makes El Salvador somewhat of an experiment as other countries watch closely to see if the people of El Salvador will choo.....
After space mission, Jeff Bezos eyes age reversal solutions
September 07, 2021 06:17 PM AEST| By Nidhi GuptaAltos Labs, a startup that works on reversing biological aging, plans to open a Cambridge UK-based research lab. The company is funded by Amazon’s founder Jeff Bezos and has raised about £231 million ($270 million) to develop biological.....
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How climate change is making conditions tougher for Australian farms
September 07, 2021 05:22 PM AEST| By Team Kalkine MediaHighlights The world is experiencing alarming long-run effects due to the severe changes in climatic conditions in last few years. Climate change is hurting Australian farmers, who have observed a significant decline in their profits. Agricult.....
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Which are the 5 best AI companies worldwide?
September 07, 2021 04:17 PM AEST| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t.....
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Is the future of Dogecoin in good hands?
September 07, 2021 04:07 PM AEST| By Daniel Paul JohnsDogecoin has breached US$0.30 for the first time since August after hitting a record high of US$0.72 in May, 2021. Last month, it was announced Dogecoin would undergo a reboot which would see the inclusion of Ethereum cofounder, Vitalik Buterin as.....
Shop.com says yes to crypto payments, teams up with BitPay
September 07, 2021 12:39 PM AEST| By AayushThe buzz around cryptocurrencies is intensifying as their march to the mainstream is gathering more and more speed. Be it gains from investments, acceptance in the form of legit payments or the newest buzz NFT, the crypto world keeps on expanding. .....
Hurricane Ida aftermath, oil spill and production disruption in US Gulf Coast
September 07, 2021 12:15 PM AEST| By Arpit VermaThe Bureau of Safety and Environmental Enforcement (BSEE) stated that the US offshore energy production continues to struggle to get back on track even after a week since Hurricane Ida made landfall in Gulf of Mexico. Source: Copyright © 20.....
Can’t afford Bitcoin? Here are top three cryptocurrencies under US$1
September 07, 2021 12:02 PM AEST| By Furquan MoharkanHighlights While some cryptocurrencies are trading at abnormal prices; some of them are below US$1 The star performer below US$1 has been Dogecoin Some other digital assets below US$1 include USD Coin and Stellar Cryptocurrencies have bee.....
Global semiconductor shortage may stretch to 2023
September 07, 2021 12:00 PM AEST| By Team Kalkine MediaHighlights The COVID-19 pandemic-induced challenges have badly hit the manufacturing and supply of semiconductor chips in the global market. The worsening global chip shortage is causing harm to the production lines of the global automotive ind.....
Crude oil dips followed by Saudi's decision to cut prices for the Asian market
September 07, 2021 11:26 AM AEST| By Team Kalkine MediaConcept Of Falling Oil Prices Highlights Crude oil prices dropped on Monday. Saudi Aramco notified its customers to reduce the October selling price for Asian markets. The demand for crude in the Asian market has been suffering due to the ris...
FTSE 100 Ended Higher by 0.68%; Technology & Financial Shares on Radar
September 07, 2021 05:44 AM AEST| By Team Kalkine MediaUK Market News: The London markets traded in a green zone amid solid gains made by oil, mining, and financials stocks. According to the latest data from the IHS Markit/CIPS, the UK construction PMI came out to be 55.2 during August 2021 as compared t...
FTSE 100 makes a positive start of the new week, trades up by 0.64%
September 07, 2021 12:47 AM AEST| By Sreenivas D AjankarFTSE100 trades in the green on the first day of the new week, up by 0.64% at 7,183, while the mid-cap focused FTSE250 index trades at 24,249, up by 0.23%. However, there are some concerns as the labour shortages in the UK could last up to two years.....
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Petershill IPO: When can you buy shares of this Goldman Sachs’ AMC unit?
September 07, 2021 12:39 AM AEST| By Suhita PoddarHighlights Investment banking giant Goldman Sachs plans to list its asset management arm Petershill Partners on the LSE as PE firms have witnessed a boom. The IPO is estimated to have a market valuation of US$ 5 billion. Petershill plans.....
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Wagamama latest to report staff shortage, Brexit curbs blamed for crisis
September 06, 2021 08:33 PM AEST| By Priya BhandariBritish Restaurant chain Wagamama has reported struggle in hiring chefs across a fifth of its restaurants as the businesses in the country warn of recruitment difficulties because of supply chain woes and staff shortages. After the relaxation of C.....
