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Airline stocks crash as rising COVID-19 cases hit Wall Street hard
July 20, 2021 11:31 AM AEST| By Furquan MoharkanShares of US airline companies crashed on Monday as a spike in COVID-19 cases raised alarm bells about the economic recovery, hitting hard one of the sectors, which thrives only when the pandemic restrictions are eased. Shares of United Airlines Hol...
Elon Musk boosts Dogecoin price, again
July 20, 2021 10:51 AM AEST| By Daniel Paul JohnsTesla billionaire, Elon Musk, has once again boosted the price of the meme cryptocurrency, Dogecoin, tweeting that his son is “holding his doge like a champ.” Musk’s son, whose name is X Æ A-12, was previously b.....
US stocks decline over fears of rising COVID cases
July 20, 2021 07:38 AM AEST| By Team Kalkine MediaBenchmark US indices edged lower on Monday, July 19, amid concerns over the Covid-19 cases. Investors sold off airline and cruise stocks fearing that the rebound in new cases could lead to new restrictions and delay the recovery from pandemic. The S...
FTSE 100 Dropped 2.34% Due to Surge in Covid Cases; Crude Oil Slumped 6.50%
July 20, 2021 03:36 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 77.46 points or 1.79 per cent lower at 4,349.70, Dow Jones Industrial Average Index dipped by 834.77 points or 2.41 per cent lower at 33,853.0...
What are the top 10 small cap stocks in the UK?
July 20, 2021 12:16 AM AEST| By Suhita PoddarSummary Small cap stocks are below large cap and mid cap stocks and have a market capitalisation of less than US $2 billion. Sometimes the share prices of small cap companies may have high market capitalization than the given range. .....
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FTSE 100 trades in red after fresh travel restrictions
July 19, 2021 09:31 PM AEST| By Kamalika GhoshSummary FTSE 100 trades in the negative zone after a fresh set of travel restrictions on France travellers. Travellers from France have to self-isolate upon arrival in the UK as precautions against Beta variant cases. FTSE 100 st.....
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Poolbeg Pharma IPO: Open Orphan spin out raises £25 million on floatation
July 19, 2021 09:07 PM AEST| By Suhita PoddarSummary Poolbeg Pharma, a spin out of the Open Orphan, raised £25 million in its initial public offering. The company intends to use the funds for clinical trials in the drug development of severe influenza and other diseases. Pool.....
The Very Group IPO: Barclays explores plans for London listing of retail empire
July 19, 2021 07:27 PM AEST| By Suhita PoddarSummary UK’s online retailer, The Very Group is reportedly mulling going for a London listing. The Very Group recently announced clearing off all outstanding debt to Greensill Capital. Barclays family, the owner of The Very Group a.....
How 5 FTSE AIM oil stocks reacted to OPEC’s deal to control prices
July 19, 2021 06:33 PM AEST| By Kamalika GhoshSummary To ease global economic pressure by slashing oil prices, oil producing countries will up their output. It was agreed at a meeting of the OPEC that monthly production would be increased by 400,000 barrels each day. Brent crude oil.....
India’s digital payments giant Paytm files for US$2.2 billion IPO
July 19, 2021 06:17 PM AEST| By Furquan MoharkanPaytm, the digital payments start-up of India, is set to launch its Initial Public Offering (IPO) worth INR166 billion (US$2.2 billion), it informed the country’s market regulator – Securities and Exchange Board of India (SEBI) – in...
Which are the top ten crypto exchanges in Australia?
July 19, 2021 03:07 PM AEST| By Daniel Paul JohnsThe world of cryptocurrency has certainly seen its fair share of ups and downs so far this year. From Bitcoin reaching record highs to the emergence of memecoin, Dogecoin, it seems 2021 is throwing everything but the kitchen sink at investors. .....
Four days to go for Tokyo Olympics: The carnival set to begin this week
July 19, 2021 02:23 PM AEST| By Furquan MoharkanThe 2020 Summer Olympics games are just around the corner and will be held mostly in the Japanese capital city of Tokyo. Having been deferred for over a year due to the COVID-19 pandemic, the mega-sports event will begin later this week on 23 July 20...
Coal- the cheapest form of energy & the most harmful one
July 19, 2021 01:08 PM AEST| By Team Kalkine MediaSummary Coal is a carbon-rich black rock that releases energy when burned. The most severe and heart-wrenching effect of coal mining and its usage is climate change. By depending on renewable energy sources as an alternative to coal-based prod.....
Senate Democrats draft bill to legalize cannabis: A look at eight global cannabis shares
July 19, 2021 12:58 PM AEST| By Tripti JoshiSummary Senate Democrats plan to announce a draft bill to end the federal prohibition on cannabis and remove federal non-violent cannabis convictions. The Canadian cannabis players may benefit the most from the US federal legalization as curren.....
APAC markets in red as investors track oil prices
July 19, 2021 12:41 PM AEST| By Furquan MoharkanSummary The equity markets in APAC have opened in the red. Investors are guarded after the OPEC deal. China, Australia and Japan were the worst performing markets in the morning; Hong Kong was the best. The equity markets across the Asia .....
Why to get acquainted with 10 blockchain platforms in 2021?
July 19, 2021 11:33 AM AEST| By Jasmine AnandSummary The usage of blockchain technology is taking giant strides in this digital age. To facilitate its smooth and efficient use, blockchain platforms come into the picture, which allow the development of blockchain-based applications. IBM B.....
Is Tesla Cybertruck a giant leap in design?
July 19, 2021 11:15 AM AEST| By Anam SiddiquiSummary Tesla is set to bring its Cybertruck into the market, boasting unconventional sharp trapezoid design without door handles. While Tesla's all-electric SUV and sedan are already witnessing strong popularity, Cybertruck will mark the.....
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How to invest in stocks of foreign companies?
July 18, 2021 06:17 PM AEST| By ManikaSummary These days there are many opportunities for investing in foreign stocks One can do it through ADRs, GDRS An investor can also buy ETFs or international mutual funds besides foreign direct investment route. Gone are the days when i.....
Can APEC meeting led by New Zealand lead to a meaningful outcome?
July 18, 2021 02:45 PM AEST| By ManikaSummary APEC meeting was virtually hosted by New Zealand and chaired by Prime Minister Jacinda Ardern The main aim of the meeting was to discuss ways to strengthen drive against COVID-19 The U.S. emphasizes the need for multilateralism. T.....
Stablecoins come under the scanner of U.S regulators on Monday
July 18, 2021 02:33 PM AEST| By ManikaThe regulators around the world are becoming serious about the role of stablecoins in financial system. The Treasury Secretary Janet Yellen along with the U.S. Government’s Working Group on Financial Markets will be discussing the role of sta.....
