News
What do we mean by medical billing and coding?
August 04, 2021 12:03 PM AEST| By Tripti JoshiSummary Medical billing and coding help healthcare facilities manage insurance claims, invoices, and payments. In medical coding, the billable information is extracted from clinical documentation, and medical billing uses those codes to generat.....
US markets edge higher on earnings optimism
August 04, 2021 07:46 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Tuesday, August 3, boosted by gains in healthcare and technology stocks and optimism about strong quarterly earnings of blue-chip companies. The S&P 500 was up 0.82% to 4,423.15. The Dow Jones gained 0.80% t...
Shares of BP Propelled FTSE 100 Higher; BoE Meeting in Focus
August 04, 2021 04:23 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 20.09 points or 0.46 per cent higher at 4,407.20, Dow Jones Industrial Average Index surged by 161.75 points or 0.46 per cent higher at 34,9...
FTSE 100 trades in green boosted by positive results of BP plc
August 04, 2021 12:54 AM AEST| By Kamalika GhoshFTSE 100 trades in the green, supported by positive results by major companies. The top gainer amongst the blue-chip index was BP Plc, which was up by over 4% after the company’s reported profit came better than market expectations. Meanwhile.....
Rivian IPO: When to expect the listing of Ford backed EV maker
August 03, 2021 09:57 PM AEST| By Suhita PoddarSummary Ford backed US based electric vehicle maker Rivian is reportedly in talks with the UK government to set up a factory in Bristol, worth up to £1 billion. The company is reportedly also considering other countries such as Germ.....
3 FTSE Stocks in news: Unilever, BP Plc and XPO Logistics
August 03, 2021 07:38 PM AEST| By Kamalika GhoshSummary Unilever has reduced its quarterly dividend payout to £93p. BP Plc reported strong half-yearly results with growth in the operating revenues and reduction in net debt. XPO Logistics has completed spin-off of its global logistics .....
RBA to cut bond buying program by 20% after a month
August 03, 2021 05:02 PM AEST| By Furquan MoharkanThe Reserve Bank of Australia (RBA) will trim its bond purchase program by 20% after a month despite the need for more liquidity in a system which has been hit hard by the COVID-19 pandemic. The Australian central bank said that it will purchase gov...
Why Nigerian Government Is So Concerned About Bitcoin
August 03, 2021 04:57 PM AEST| By Kamalika GhoshSummary According to Paxful platform, Nigeria is now the second country with the most Bitcoin trading transactions after the US. As per a Statista survey, 32% of respondents in Nigeria actively use and trade in cryptocurrencies. Experts .....
Which 10 global conglomerates are accepting Bitcoin as payment option?
August 03, 2021 04:10 PM AEST| By Jasmine AnandWith the ever-increasing popularity of cryptocurrencies, Bitcoin, the first and the largest cryptocurrency of the world, is getting bigger and better. Hence, a growing number of companies ranging from tech firms to travel agencies to food giants ha.....
Australia’s biggest buyout: What you need to know about Square-Afterpay takeover deal
August 03, 2021 03:49 PM AEST| By Furquan MoharkanCalifornia-based financial services and digital payments company Square Inc (NYSE:SQ) has announced its acquisition of Australian Fintech major Afterpay Ltd (ASX:APT). With the transaction valued at US$29 billion (AU$39 billion), this is the biggest...
APAC markets open mixed ahead of RBA decision
August 03, 2021 11:34 AM AEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region traded mixed on Tuesday morning as investors are keenly looking out for the Reserve Bank of Australia’s latest monetary policy decision. In Japan, the benchmark Nikkei 225 slipped 0.34% in early...
US markets end flat; consumer, healthcare stocks gain
August 03, 2021 07:46 AM AEST| By Sanjeeb BaruahBenchmark US indices closed flat on Monday, August 2, as investors started trading in the new month with a subdued note amid concerns over rising cases of covid infections from delta mutant. The S&P 500 was down 0.18% to 4,387.16. The Dow Jones...
Global Equities Inched Higher; Meggitt Shares Zoomed 56.68% Post Acquisition News
August 03, 2021 04:13 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 8.34 points or 0.19 per cent higher at 4,403.60, Dow Jones Industrial Average Index surged by 55.10 points or 0.16 per cent higher at 34,990...
What do we know about UK's fuel poverty?
August 03, 2021 12:36 AM AEST| By Kamalika GhoshSummary Another half a million homes are pushed towards fuel poverty as global gas prices hit a 16-year high. Ofgem is expected to raise the price cap on energy to unaffordable levels, leading to soaring costs this winter. UK’s net.....
What is The Triple Lock on Pension Saving?
August 02, 2021 11:00 PM AEST| By Kamalika GhoshChancellor of Exchequer Rishi Sunak has given a broad hint that the UK government may temporarily break the pension triple lock this year to prevent the UK Treasury being landed with a £7 billion uprating bill. The chancellor added that a po.....
The burgeoning fame of "buy now, pay later" entices a US$29 billion deal between Square and Afterpay
August 02, 2021 10:09 PM AEST| By Team Kalkine MediaSummary In a US$29 billion agreement, Square will purchase Australia's Afterpay. Square and Afterpay had inked a Scheme Implementation Deed following the requirements of a court-approved Scheme of Arrangement. Afterpay will accelerate Square's.....
FTSE 100 trades in green led by retail and mid-cap stocks
August 02, 2021 09:57 PM AEST| By AbhijeetSummary FTSE 100 trades in positive territory boosted by the gains in the retail segment stocks. Merger and acquisitions activities in the mid-cap companies pushed the FTSE 250 index to record high levels. FTSE 100 trades in the gree.....
How has 2021 treated major commodities? A snapshot of their price swings
August 02, 2021 07:51 PM AEST| By Arpit VermaSummary The outbreak of coronavirus in 2020 stirred chaos in the global commodity market, disrupting the supply chains and demand. Crude oil prices have recovered more than 70% in the past one year amid improvement in demand and significant sup.....
4 FTSE Stocks in the news- Rio Tinto, HSBC Holdings, Morrisons, Easyjet
August 02, 2021 06:59 PM AEST| By Kamalika GhoshSummary HSBC Holdings reported a fall in revenue because of the low interest rate worldwide and lower revenue from Markets and Securities Services. Morrison Plc largest shareholder could reject the possible takeover bid by the US-based pr.....
Would cryptocurrency become a popular payment mode in travel space?
August 02, 2021 06:07 PM AEST| By SonalSummary Firms are now accepting cryptocurrencies for the payment of goods and services. CheapAir.com, Virgin Galactic, GetYourGuide are some of the travel providers accepting the use of digital currencies. Crypto payments can reduce transactio.....