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Famous five of business this week (August 09-13)
August 14, 2021 09:23 AM AEST| By Suhita PoddarMonday – August 09 Deliveroo Plc (LON: ROO) Deliveroo, the British online food delivery platform, announced that the Berlin-based rival company Delivery Hero acquired a 5.1% stake in the company. The move comes amidst the rising c...
Babcock shares lifted FTSE 250 to an all-time high; Real Estate shares in focus
August 14, 2021 04:11 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 3.04 points or 0.07 per cent higher at 4,463.88, Dow Jones Industrial Average Index surged by 31.40 points or 0.09 per cent higher at...
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Best of The Best and Avon suffer sharp correction. Should you invest in them?
August 14, 2021 12:43 AM AEST| By Kamalika GhoshHighlights Best of The Best Plc share price saw a sharp sell-off after it reported a 15% drop in average weekly sales and lowered its full year guidance. Avon Protection Plc has reduced its revenue and EBIDTA margin guidance for the current.....
Which indices have given the fattest 52-week returns to their investors?
August 14, 2021 12:35 AM AEST| By Furquan MoharkanEquity markets across the globe have been continuing their rally unabated for a year now – a year when economy was in doldrums and future looked bleaker than ever. During the past one year, the equity markets have sent every established notion...
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How young climate change activists are fighting for good climate
August 14, 2021 12:05 AM AEST| By Team Kalkine MediaClimate change is no more an issue of tomorrow. It is today’s problem that poses destructive consequences for the ensuing years. The big tech companies and other corporates are running the current neo-liberal capital world. The world i.....
10 FTSE staffing stocks to explore amidst storm of staff shortages
August 14, 2021 12:00 AM AEST| By Suhita PoddarBusinesses in the UK are facing staff shortages that may hit the recovery from the pandemic and fuel inflationary pressures, according to the Institute of Directors (IoD). Employers are facing a staff shortage in relation to the country’s lon.....
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How are low interest rates helping Canada & US?
August 13, 2021 11:30 PM AEST| By Ankit SethiHighlights In March 2020, the Bank of Canada cut its benchmark interest rates to 0.25 per cent. In the wake of the pandemic, the US Federal Reserve has also maintained interest rates at record-low levels. Inflation is high in both the US and C.....
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What are Bitcoin debit cards and where all you can use it?
August 13, 2021 09:40 PM AEST| By Team Kalkine MediaHighlights Bitcoin debit cards are prepaid debit cards that allow user to top-up their card with bitcoins, which are then converted into fiat currencies to make purchase easier. There are mainly two types of Bitcoin debit cards: Plastic D.....
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10 penny stocks listed on LSE to diversify your portfolio
August 13, 2021 08:50 PM AEST| By Kamalika GhoshHighlights Penny stocks refer to the common stocks that are traded below £1 and have a market capitalisation of less than £100 million in the UK. Penny stocks can help in generating wealth and diversification, but they should .....
OptiBiotix subsidiary ProBiotix expands to new territories for LPLDL® products
August 13, 2021 08:09 PM AEST| By Team Kalkine MediaHighlights OptiBiotix’s wholly-owned subsidiary ProBiotix Health Ltd will be extending its territories beyond the US, through an extension of the contract with Seed Health. The new contract is for the production, promotion and comme.....
Olam IPO: A new London listing on cards from Olam International
August 13, 2021 07:03 PM AEST| By Kamalika GhoshHighlights Olam Food Ingredients (OFI) is aiming a primary listing on the London Stock Exchange. For the first half of the year, Olam’s operational profit, without exceptional items, more than doubled to reach a record S$436.6 milli.....
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Deliveroo, Ashtead, Entain: Should you buy these FTSE stocks now?
August 13, 2021 06:12 PM AEST| By Suhita PoddarHighlights Food delivery firm Deliveroo reported strong H1 2021 results, driving its shares by almost 9 per cent Ashtead shares rose after closing on its recent loan notes offering on Thursday. Entain reported strong H1 2021 results, announcin.....
The week ahead: Key economic data to watch
August 13, 2021 05:33 PM AEST| By Team Kalkine MediaSummary Most countries remain positioned to face higher levels of inflation as economic recovery takes shape across the globe. The economic revival has not been uniform across nations, with some countries still struggling to contain the v.....
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When will Australia lift international travel ban?
August 13, 2021 04:26 PM AEST| By AshishSneh Gandha, a 63-year-old from Jalandhar, India, has been, without fail, tracking updates daily on the existing coronavirus scenario in Australia. Her elder son Sumeet resides in Sydney, the capital city of New South Wales (NSW), which was last he.....
South Korea leads losses in APAC markets as Samsung shares plummet
August 13, 2021 02:05 PM AEST| By Furquan MoharkanThe South Korean equity markets on Friday led the losses in the Asia Pacific (APAC) region as shares of multinational conglomerate Samsung and all the related companies plummeted. In the morning trade on the last day of the week, shares of all the c...
Poly Network victim of mass hack resulting in theft of hundreds of millions
August 13, 2021 01:00 PM AEST| By Daniel Paul JohnsHundred of millions of dollars in cryptocurrency had been stolen from the Poly Network in one of the biggest heists in crypto history. The stolen money included hundreds of millions of dollars in Ethereum, Polygon and BSC stolen from the Poly Netw.....
Which are the five leading crypto exchanges in Australia?
August 13, 2021 11:44 AM AEST| By Daniel Paul JohnsThere are a bunch of cryptocurrency exchanges in Australia and more and more being introduced to the market every month. When it comes to judging crypto exchanges, there are a variety of factors one needs to consider, including ease of use, fee co.....
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Nasdaq, S&P 500 close higher on tech gains
August 13, 2021 07:51 AM AEST| By Sanjeeb BaruahThe Nasdaq Composite and the S&P 500 Index edged higher on Thursday, August 12, as tech stocks saw notable gains, while the Dow Jones closed flat after the economy-sensitive stocks pulled back. The S&P 500 was up 0.30% to 4,460.83. The Dow J...
Shares of Stock Spirits Traded Higher by 43.66%; FTSE 100 Down 0.37%
August 13, 2021 04:29 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 1.90 points or 0.04 per cent higher at 4,449.60, Dow Jones Industrial Average Index dipped by 106.32 points or 0.30 per cent lower at...
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5 startups that are likely to take the IPO route soon
August 13, 2021 01:45 AM AEST| By Suhita PoddarHighlights IPOs and acquisitions are the two main options used by entrepreneurs and investors to exit from high-growth businesses. In the past decade, a shift from the more popular and traditional IPO method towards acquisitions and other alter.....
