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Critical minerals can strengthen global climate ambitions, says International Energy Agency
May 09, 2021 12:17 AM AEST| By SukritiCritical minerals refer to metals as well as non-metals that are vital for the global economic well-being. Nonetheless, their supply can be at risk owing to geopolitical issues, trade policy, geological scarcity or other likewise factors. Understand...
China Ramps Up Diplomacy As World Comes Calling For Vaccines
May 08, 2021 06:08 PM AEST| By Team Kalkine MediaSummary India, one of the world’s largest drugmakers, has put curbs on exports of AstraZeneca to meet its domestic demand. Amid a shortage of covid drugs, countries grappling with the increasing number of deaths and infections have turned.....
British & European Markets’ Ended in Green; FTSE 100 up 0.76%
May 08, 2021 04:49 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 34.14 points or 0.81 per cent higher at 4,235.70, Dow Jones Industrial Average Index surged by 165.47 points or 0.48 per cent higher at 34,7...
FTSE 100 hits fresh 14-month high as investors eye quick economic recovery
May 08, 2021 01:44 AM AEST| By AbhijeetSummary UK shares gained on Friday with FTSE 100 hitting a fresh 14-month high The index rallied as much as 0.95 per cent to a new 14-month peak of 7,143.46 Gains in London equities were largely driven by the upbeat macroeconomic data .....
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Syncona shares crack 8% as Gyroscope delays Wall Street IPO
May 08, 2021 01:21 AM AEST| By AbhijeetSummary Shares of Syncona fell a little more than 8 per cent on Friday The stock opened marginally lower in the opening deals Shares cracked after investors were apprised of Gyroscope IPO delay Shares of Syncona Ltd (LON: SYNC), t.....
Five digital assets that offered over 500% returns this year
May 08, 2021 01:07 AM AEST| By Furquan MoharkanCryptocurrencies seem to be having a blockbuster 2021, having picked up well in the first four months of the year. Understandably, there has been a lot of noise over the digital assets. Many markets, which were earlier hostile to the idea, have st.....
Bitcoin & Its Reckless Power Consumption Is A Threat To The Climate
May 08, 2021 12:32 AM AEST| By Team Kalkine MediaAll that glitters is not gold. In fact, there is something that is outshining even gold. Yes, you know it, that’s bitcoin. Based on the blockchain technology, this so-called “digital currency”, or should we just say, a speculative...
UK Construction PMI Expands in April, Highest in Over 6 Years
May 08, 2021 12:27 AM AEST| By Suhita PoddarSummary The IHS Markit-CIPS construction PMI recorded a value of 61.6 in April. Firms recorded good growth particularly in the segments of housebuilding, commercial activities, and civil engineering. The survey findings indicate that the Briti.....
How UK Grasslands Can Help It Achieve Its Net Zero Carbon Goals
May 08, 2021 12:21 AM AEST| By Team Kalkine MediaSummary Among the many sectors that contribute to emissions in the UK is agriculture Experts have said that the grasslands, and woodlands can store two billion tonnes and one billion tonnes of carbon, respectively. Many UK industries, inc.....
All you need to know about intranasal COVID-19 treatments and vaccines
May 08, 2021 12:12 AM AEST| By Team Kalkine MediaSummary With the development of COVID-19 vaccines and medicines, scientists are now aiming to improve therapeutics and exploring different delivery routes. Amcyte Pharma’s algae-derived NasitrolTM nasal spray has demonstrated efficacy in .....
Bank of England Governor’s Crypto Warning – Be Prepared to Lose All Your Money
May 07, 2021 08:10 PM AEST| By Team Kalkine MediaSummary Andrew Bailey, Bank of England’s governor, has warned investors to be prepared to lose money if they invest in Dogecoin. Dogecoin has made an astronomical rise in the past twelve months, particularly since the start of 2021. The .....
Dogecoin Surge Leads to Robinhood Crash as Investors Left Feeling Robbed
May 07, 2021 07:38 PM AEST| By Team Kalkine MediaSummary Trading app Robinhood crashed due to a recent heavy influx of investors hoping to cash in on the Dogecoin rush. The site’s crash occurred on the back of Dogecoin’s value, rising around 12% in just nine hours. Robinhood&rsqu.....
Has the Rally Begun in Procter & Gamble Co. Post Consolidation?
May 07, 2021 07:00 PM AEST| By Team Kalkine MediaSummary Procter & Gamble Co. (NYSE: PG) outperformed its peers and generated ~4.62 percent return in the last 3 months. PG stock prices are trading in a falling wedge formation on the daily chart and now taking the major support from the 50.....
Goldman Sachs offers a new Bitcoin derivative
May 07, 2021 06:55 PM AEST| By AayushSummary The institutional demand for exposure to Bitcoin has continued to grow significantly in the derivative space. Goldman Sachs has started to offer a new derivative product to its clients, which closely tracks the price of Bitcoin. The de.....
Experts warn of more COVID-19 variants as India reels under the deadly second wave
May 07, 2021 06:51 PM AEST| By Team Kalkine MediaSummary Viruses continually mutate, and sometimes new variants emerge that can persist for a longer time. Experts warn that more COVID-19 variants are anticipated to arise in the upcoming months. Meanwhile, Moderna’s new booster shot has.....
Fed warning fails to stymie APAC markets’ rally
May 07, 2021 05:18 PM AEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) rallied on Friday, despite the warning about ‘significant declines’ in the asset prices. All the indices in the region, except for Indonesia and New Zealand, were trading in green. The Taiw.....
UK Would Need 410,000 Jobs in Small Businesses to Aid Recovery
May 07, 2021 04:18 PM AEST| By Suhita PoddarSummary A study found that the UK would need 410,000 jobs in small businesses in order to return to the pre-Covid growth path. In the UK, job losses in small business seem to have been almost double of the job losses seen in big businesses. .....
Palladium rockets to an all-time-high; here's what propelled its rally
May 07, 2021 04:07 PM AEST| By Team Kalkine MediaSummary Palladium prices surged to all-time-high levels on strong demand and supply deficits. The ongoing disruptions in Russian and South African mines have created a supply deficit in the market. Joe Biden’s infrastructure plan and sti.....
Too high for NASDAQ: Berkshire shares outpace computers
May 07, 2021 01:22 PM AEST| By Furquan MoharkanSummary The Class A shares of Berkshire are trading at US$435,120 This is higher than what NASDAQ computers can record The company has never had a stock split. The Class A shares of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) h.....
Coronavirus Reaches Mt Everest, Nepal Worried About its Tourism Industry
May 07, 2021 12:41 PM AEST| By RomaSummary COVID-19 spreading chaos in the Everest Nepal amongst other nations trying their best to control the second wave While travel is the worst hit, concerns over this years’ expeditions. Covid-19 has swept through the world like.....
