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FTSE 100 Sustained Above 7,100 Level, Boosted by Supermarkets & Travel Shares
July 06, 2021 04:13 AM AEST| By Team Kalkine MediaUK Market News: The London markets traded in a green zone driven by optimistic investors’ sentiments related to the relaxation of remaining Covid-19 restrictions. Moreover, the UK services sector had further expanded during June 2021. The IHS M...
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All you need to know about Didi app
July 06, 2021 02:42 AM AEST| By Kamalika GhoshSummary China’s largest ride-hailing giant was removed from app stores for misusing users’ personal data. The company has said that users can use its app as driver services will not be affected. The takedown move comes four days af.....
UK markets trading flat ahead of OPEC meeting
July 06, 2021 01:25 AM AEST| By AbhijeetSummary FTSE 100 was trading up by a quarter percent in the last leg of trade. Supermarket chain operator stocks are in green after JW Morrisons accepted a takeover bid by Fortress. Hospitality sectors stocks are trading positive.....
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Will the Tesla share price climb continue?
July 06, 2021 12:14 AM AEST| By Suhita PoddarSummary EV manufacturer Tesla’s stock prices have soared in the past year, rising about 8 times since 2020 due to aggressive production expansion plans, investors seeking out high growth stocks during the pandemic and other factors. Howev.....
Australia halves international arrival cap due to Delta variant
July 05, 2021 10:50 PM AEST| By Kamalika GhoshSummary Australia has put a cap of 50% on the arrival limit of passengers from 14 July. The step has been implemented to deal with rising cases of more contagious Delta variant of Covid-19. The cap would affect 34,000 Australians waiting to re.....
UK government mulling scrapping quarantine rules for fully vaccinated from August
July 05, 2021 08:28 PM AEST| By Kamalika GhoshThe government is planning to scrap quarantine rules for travellers who are fully vaccinated and returning from amber listed countries. It was reported that the government was considering whether to do away with the legally mandated self-isolation .....
3 London companies creating buzz around the street: John Lewis, Sainsbury, BT Group
July 05, 2021 07:38 PM AEST| By Suhita PoddarSummary Sainsbury Plc has decided to cut prices on over 60 products to match its rival supermarket chains. John Lewis plans to build 10,000 homes over the next decade on the land parcel owned by it. BT Group has introduced new long-term plans .....
Stocks to watch for July 5: Morrison, Sainsbury, BP, Centrica, and JD Sports
July 05, 2021 05:08 PM AEST| By Kamalika GhoshThese FTSE listed stocks, Morrison, Sainsbury, BP, Centrica, and JD Sports, are likely to be in action today. Morrison Supermarkets Plc (LON: MRW) The supermarket company agreed to a takeover bid worth £6.3 billion offered by an investment gr...
Done with recession? What are the different kinds of economic recoveries?
July 05, 2021 04:52 PM AEST| By Furquan MoharkanThe COVID-19 pandemic and the subsequent bouts of lockdowns imposed to counter it, triggered one of the most severe recessions in the history of the world economy. As consumption across the globe fell drastically, so did the employment levels. The w...
Chinese suspension of Didi app weighs on APAC markets
July 05, 2021 03:26 PM AEST| By Furquan MoharkanThe equity markets in Asia Pacific (APAC) region started the week on a mixed note as investors eagerly awaited the outcome of the OPEC+ meeting. The markets in APAC were also hit after China suspended Softbank-backed Didi app from play stores allegin...
ATO warns Aussie crypto investors it won’t play “Hide and Seek”
July 05, 2021 02:37 PM AEST| By Daniel Paul JohnsSummary The Australian Tax Office (ATO) has revealed they have an extended partnership, until 2023, with cryptocurrency exchanges, requiring them to submit all their trading data. ATO assistant commissioner Tim Loh disclosed that over 550,000 A.....
India’s youngest telco is making it big globally
July 05, 2021 11:57 AM AEST| By Furquan MoharkanIn mid-2016, the Indian telecom sector was taken by storm as Reliance Industries Ltd (RIL) had launched its telecom service nationwide, and the charges were cheap, rather very cheap. To add to it, the company, using its well-established infrastructur...
Semiconductor chips shortages impact June’s sales figure of Ford Motors
July 04, 2021 06:16 PM AEST| By Nitish KumarSummary Ford Motor reported sales of 475,327 vehicles during the June quarter, up by 9.6% from PCP. The U.S automaker had set a sales target of 519,007 vehicles for the second quarter. The global semiconductor chip shortage led to significant .....
‘Fire in the Ocean’- a major fire breakout in GOM after an underwater pipeline leak
July 04, 2021 06:05 PM AEST| By Nitish KumarSummary An ‘eye of fire’ video goes viral on social media, arouses creativity among the memers who spewed hundreds of memes within a few hours. Gas leakage in the underwater pipeline of PEMEX leads to a massive fire on the ocean wat.....
After Colonial, Another U.S Tech giant hit by ransomware; Kaseya forced to shut
July 04, 2021 03:50 PM AEST| By Nitish KumarSummary On Saturday, the world witnessed one of the largest cyber-attacks on a U.S tech service provider. The U.S service provider Kaseya was hit by ransomware which infected the desktop management system of the company. Kaseya in its statemen.....
Emotional health is paramount to your overall happiness: Here’s why
July 04, 2021 12:15 PM AEST| By Team Kalkine MediaSummary Symptoms of emotional health crisis may include sleep disorders, avoidance of friends and family, conflicts in relationships, substance abuse, and eating disorders. Thus, mental illness is closely tied to an individual’s emotional.....
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Why UN thinks blockchain technology can help fight climate change?
July 04, 2021 11:10 AM AEST| By Team Kalkine MediaSummary Recognizing its immense disruptive potential and benefits to society in a recent article, the UN revealed how blockchain helped the organization fast-track delivery of emergency funds. Blockchain can expedite climate action in three way.....
What does Sustainable Fashion and Clothing mean?
July 04, 2021 09:16 AM AEST| By Kamalika GhoshSummary Sustainable fashion can be defined as clothing designed, manufactured, distributed, and used in ways that are environmentally friendly. The fashion industry follows a linear model: take, make, dispose, which is very much against the co.....
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UK on course to strengthen international trade as an independent nation
July 04, 2021 12:19 AM AEST| By Suhita PoddarSummary Of late, the government has been apparently working on a slew of measures that can bolster the trade prospects of the UK as an independent nation. The government, alongside the trade bodies and respective departments, have duly supporte.....
Famous five of business this week (June 28- July 2)
July 03, 2021 09:27 AM AEST| By Suhita PoddarBinance The UK’s Financial Conduct Authority (FCA) banned the major Cryptocurrency exchange Binance for conducting its regular activities in the UK. The UK’s watchdog did not clarify the exact reason for banning Binance but said that.....
