News
London equities traded lower after disappointing UK retail sales data
June 19, 2021 04:23 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 36.73 points or 0.87 per cent lower at 4,185.13, Dow Jones Industrial Average Index dipped by 416.60 points or 1.23 per cent lower at 33,406.8...
How Poor Ergonomics In The New Hybrid Work Model Can Impact Health
June 19, 2021 02:20 AM AEST| By Suhita PoddarSummary Work induced injuries are a growing concern globally, a study of insurance firm Liberty Mutual reported work-related musculoskeletal disorders to cost employers up to US$13.4 billion annually. Employers can offer workplace equipment and.....
UK reports weekly jump of 79% in Delta variant infections
June 19, 2021 01:07 AM AEST| By AbhijeetSummary PHE has reported a sizable jump in the Delta variant cases The Delta variant cases in the UK increased by as much as 79.46% in a week Notably, 84 double-jabbed people with the Delta variant have been hospitalised The rising .....
Why is it important to understand the mechanism of the Internet of Things?
June 19, 2021 12:54 AM AEST| By Mohammad ZaidSummary Internet of Things is a breakthrough technology composed of various layers that facilitate interaction to produce output to enhance productivity. The industry, as well as domestic applications of IoT, have increased significantly over t.....
i3 Energy Plc Moves a Step Closer to Dividend
June 19, 2021 12:10 AM AEST| By Team Kalkine Mediai3 Energy Plc (LON: I3E) (TSX: ITE), an energy company with a vast asset portfolio in the UK and Canada, is well-positioned for growth. Its assets and operations include large contiguous holdings in the Western Canadian Sedimentary Basin in Alberta.....
Global IPO market is on fire; Q1 proceeds surge 529%
June 19, 2021 12:05 AM AEST| By Furquan MoharkanSummary Global IPO proceeds in Q1 surged by a whopping 529%. The total ECM activity picked up by 229%. SPAC deals have helped the cause of equity markets. The equity capital market (ECM) activity in quarter ended March 2021 touched an unp.....
Reabold Resources Beats Covid Downturn as Shares Rally 180% In 15 Months
June 18, 2021 08:28 PM AEST| By Team Kalkine MediaSummary The upstream oil and gas investment company has handheld various initiatives during the pandemic era in order to ease the potential risks to its operations. The shares of Reabold Resources have nearly tripled the investors’ wealth.....
FTSE 100 set to open lower as macro factors weigh
June 18, 2021 05:48 PM AEST| By AbhijeetSummary UK shares set to start on negative zone following the tepid trade in Asian peers September futures tied to benchmark FTSE 100 fell 1.06% the retail sales in the UK fell 1.4% in May 2021 as compared to previous month UK share.....
APAC markets a mixed bag; commodity price swings in focus
June 18, 2021 04:59 PM AEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region were a mixed bag on Friday, as Bank of Japan maintained status quo over the monetary policy and investors tracked moves in the commodities space. In Japan, the Nikkei 225 closed near the flatline at t...
What will Ethereum’s price be at the end of 2021?
June 18, 2021 04:35 PM AEST| By Daniel Paul JohnsSummary Ethereum’s Ether is the second-largest cryptocurrency after Bitcoin, with a market cap of US$273.19 billion. Ethereum is an open software platform that allows users worldwide to create software and applications, making it a &ldquo.....
Why are commodity prices rising and what is its impact on inflation?
June 18, 2021 04:15 PM AEST| By Furquan MoharkanThe rise in the prices in any economy gets one and all unnerved – from the government to the masses. Price rises bring down the purchasing power parity of the buyer. Simply put, it makes common man poorer in the real terms – he can now bu...
What is nuclear energy? What is its importance?
June 18, 2021 03:17 PM AEST| By Team Kalkine MediaSummary Nuclear power is considered as one of the most environmentally friendly and efficient sources of electricity generation. Due to the surging demand for green energy sources globally, nuclear energy is gaining traction as it is among thos.....
Seven unbelievable facts about cryptocurrencies
June 18, 2021 02:43 PM AEST| By AshishSummary Crypto trading has taken everyone by storm in the past few years. With over five million users, cryptocurrencies are steadily getting well-accepted across the world. Nevertheless, cryptos still have a long way to go before they become .....
What is blockchain technology? Why is there an unbelievable hype?
June 18, 2021 01:11 PM AEST| By Furquan MoharkanAs the concept of cryptocurrencies continues to gain traction across the globe, so does the talk around the blockchain technology. For some, especially the not-so-tech-savvy lot, the blockchain technology and cryptocurrency were the same. However, i...
How destructive is energy-intensive crypto mining?
June 18, 2021 12:28 PM AEST| By Team Kalkine MediaSummary Cryptocurrency miners have swarmed the network, attracted by the skyrocketing prices of many cryptocurrencies. The Bitcoin mining process involves high energy consumption, causing a significant threat to the environment. The use .....
US markets close flat as stocks slip on inflation fears
June 18, 2021 08:24 AM AEST| By Team Kalkine MediaMajor US stock markets closed the session flat on Thursday, June 17, as key segments on the indices saw muted movements a day after the Federal Reserve signalled a rate hike by 2023 to curb prices. The S&P 500 was down 0.04% to 4,221.86. The Dow...
Technology Sector Index Edged Higher by 0.60%; Gold Price Down 4%
June 18, 2021 04:00 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 20.71 points or 0.49 per cent lower at 4,202.99, Dow Jones Industrial Average Index dipped by 357.42 points or 1.05 per cent lower at...
JP Morgan Chase buys UK's Nutmeg for undisclosed amount
June 18, 2021 03:14 AM AEST| By AbhijeetNutmeg Savings and Investment Ltd, the London-based robo adviser, on Thursday, 17 June, announced that the New York-headquartered investment banking giant JP Morgan Chase & Co (NYSE: JPM) has bought the company for an undisclosed amount. With a...
Economy Set to Get a Big Boost with New Infrastructure Bank
June 17, 2021 08:44 PM AEST| By Kamalika GhoshSummary The UK treasury has launched a new infrastructure bank in the Leeds. The bank will fund various infrastructure projects across the UK through debt, equities and guarantees. The investment will be across multiple sectors such as transpo.....
Is pandemic the real reason behind the ‘Bitcoin Boom?’
June 17, 2021 08:17 PM AEST| By Kiara KhannaFor the past two years in my work-from-home stint, news around the Bitcoin has time and again caught my attention. When I look at the way the price of Bitcoin has moved over the last twelve months, I wonder — is the pandemic and the millions of...