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Acquisitions Across Industries: GRID, MXC & KWS
April 22, 2021 11:27 PM AEST| By Suhita PoddarSummary Gresham House Energy Storage Fund PLC acquired its first operational capacity project Byers Brae in Scotland. MGC Pharmaceuticals Ltd acquired 100% stake in Israeli research company MediCaNL Inc. Keywords Studios PLC acquired UK based .....
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FTSE 100 stays range bound even as European shares gain up to 1%
April 22, 2021 11:12 PM AEST| By AbhijeetSummary FTSE 100 traded range bound, while FTSE 250 rose over 0.50 per cent on Thursday. London equities failed to sustain the morning gains even as European stocks rallied. LSE’s headline index has fallen sharply after closing above 7,0.....
Bitcoin Rally May Be Over, Warns JPMorgan Chase
April 22, 2021 11:08 PM AEST| By Team Kalkine MediaSummary Strategists at JPMorgan Chase have cautioned that if Bitcoin’s value does not breach the US$ 60,000-mark soon, it can lose its momentum. Bitcoin hit a record high value of US$ 64,000 earlier in April amid a massive crypto rally fu.....
Crypto Safemoon Dives Leading to Scam Claims
April 22, 2021 08:12 PM AEST| By Team Kalkine MediaCryptocurrency Safemoon has plunged today, losing two-thirds of its value in just an hour. The crypto dove from AU$0.000015 to AU$0.000005 on Thursday morning, later recovering to AU$0.000007. The recent plunge has led to naysayers claiming that S.....
Technical Alert: IBM Successfully Pierces Through its Price Resistance
April 22, 2021 07:21 PM AEST| By Team Kalkine MediaSummary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistance level the stock hit a new 52-week high. The stock has broken the rising channel pattern on the.....
Are the Vaccines Working? When will Covid-19 end?
April 22, 2021 07:00 PM AEST| By Kiara KhannaThe deadly coronavirus pandemic was first reported from Wuhan, China in December 2019 and spread across the globe leaving economies of the biggest countries come to a standstill. No one had predicted what the outbreak could cost, and sadly it did c.....
SOS calls giving way to obits as COVID-19 rips through India
April 22, 2021 05:21 PM AEST| By Furquan MoharkanToday morning, I woke up to the devastating news of three fellow journalists passing away – all of them young. The trio fought a long battle with COVID-19 but succumbed to the monster virus. Among the three, I knew one personally, and other t.....
Apple launches new products, fails to impress investors
April 22, 2021 05:16 PM AEST| By Team Kalkine MediaSummary Apple Inc launched a series of new products including iPad Pro and iMac loaded with upgraded and high-tech features. Preorders can be booked from this week, and the shipments will begin later this month. US-based tech giant, A.....
SPAC IPOs top US$100 billion in 2021
April 22, 2021 02:00 PM AEST| By Furquan MoharkanSummary The IPOs through the SPAC route have raised more than US$100 billion annually There has been a huge surge in volume as well However, the average ticket size has dipped by 3.3% The initial public offerings (IPOs) through the specia.....
UiPath Share Price Leaps 23% on NYSE Debut
April 22, 2021 01:40 PM AEST| By Team Kalkine MediaSummary UiPath shares surged 23% on the New York Stock Exchange debut on Wednesday. The company and its shareholders raised US$1.3 billion in one of the biggest software IPOs in the US. The firm sold almost 24 million shares to investors at US.....
Tesla car crash sparks off a debate about self-driven car’s safety parameters
April 22, 2021 11:17 AM AEST| By RomaSummary Elon Musk reacts to the Texas car crash in a tweet. Concerns about self-driven cars’ safety spark. One of the victims identified was a Doctor. With the recent Texas car crash that involved a self-driven Tesla Car, there were.....
Safemoon hurtling to the moon; but is it really safe?
April 22, 2021 11:11 AM AEST| By Team Kalkine MediaSummary Safemoon was launched three weeks ago and has grown by 2,900% since then. Safemoon is a decentralised finance token, which means that anyone can trade it without an intermediary such as a bank or a broker. Despite its recent steep surg.....
What’s powering Dogecoin’s astronomical April rally?
April 22, 2021 11:08 AM AEST| By Team Kalkine MediaSummary With Dogecoin price hitting an all-time high, fans celebrated 20 April as 'Doge Day'. The meme-based cryptocurrency recorded a new high of US$0.42 per unit on Tuesday. The market cap of Dogecoin crossed US$50 billion, higher than that .....
Volkswagen Enters EV Space, Set To Unveil ID.4 GTX Model
April 22, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Volkswagen will soon unveil one of its first performance electric vehicles, ‘4 GTX’. The new model will be sportier in appearance with a lower ride height. The car is ready to be launched on 28 April 2021. Source: &c.....
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How London equities fared after inflation picked up in March 2021?
April 22, 2021 04:02 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 21.97 points or 0.53 per cent higher at 4,156.91, Dow Jones Industrial Average Index surged by 176.11 points or 0.52 per cent higher at 33,9...
3 Lessons To Learn From Chauvin’s Conviction In George Floyd Case
April 22, 2021 02:17 AM AEST| By Team Kalkine MediaThe world watched on Tuesday, April 20, as former Minneapolis police officer Derek Chauvin was convicted of murder and manslaughter in the George Floyd case. The 12-member jury, comprising six white and six black or multiracial people, found Chauvin...
Is A Sharp Dip In Bitcoin A Buy Call?
April 22, 2021 01:29 AM AEST| By AnujThe world’s largest blockchain-operated token has continued its rollercoaster ride after episodes of high volatility in 2021. Bitcoin was trading in the range of US$ 40,000 to US$ 50,000 in the month of February. On April 14, Bitcoin topped US...
UK MPs Urge the Government to Renew the Scrapped GHG Scheme
April 22, 2021 01:17 AM AEST| By AbhijeetSummary The Environmental Audit Committee has written to the UK business secretary calling for clarity on overhauling and extending the GHG scheme, claiming it was poorly implemented. The scheme allowed people to apply for up to £5,000 gr.....
3 Ether ETFs Debut in Equity Markets: Here’s How They Performed
April 21, 2021 07:53 PM AEST| By AnujAfter receiving Ontario Securities Commission’s nod, world’s first Ether Exchange Traded Funds (ETFs) started trading on the Toronto Stock Exchange this week. These ETFs closely track Ethereum’s performance to provide investors a .....
Are Polymetal International PLC Charts Signaling End of a Bearish Trend?
April 21, 2021 07:23 PM AEST| By Team Kalkine MediaSummary Polymetal International PLC (LON: POLY) recovered from the lower levels and delivered ~15.23 percent returns in the last one month. POLY prices are trading in a falling channel formation on the daily chart and trading above an upward s.....
