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What is BNY Mellon’s latest initiative into the crypto world?
February 15, 2021 01:18 PM AEDT| By Team Kalkine MediaThe geopolitical environment around the cryptospace is getting spiced up day by day with a plethora of information emerging in the market. After developments like a bill proposed by the Indian government to ban the currency, many positive news or sen...
Disney nets 146 million paid subscribers in Q4
February 15, 2021 12:24 AM AEDT| By Team Kalkine MediaSource: Marko Aliaksandr, Shutterstock Summary The Walt Disney company revealed its December quarter results with Disney+ subscriptions being the major source of revenue during the quarter. The company reported that the total paid subscri...
Shopify, Walmart to Report Q4 Earnings Next Week: What to Expect
February 14, 2021 05:47 PM AEDT| By Hina ChowdharyShopify Inc. (NYSE: SHOP) and Walmart Inc. (NYSE: WMT) are expected to report their fourth-quarter earnings next week. Both the companies were expected to have performed relatively well in the quarter, supported by their increased online sales volu.....
Q4 Earnings Show Market Resilience, Positive Growth
February 14, 2021 04:32 PM AEDT| By Kunal SawhneyAs one-third of the fourth-quarter earnings season already behind us, markets would be looking forward to ending the remaining period with a positive note. Most of the big companies, at least on the heavyweight S&P 500 index, have either beaten.....
Trump Escapes Conviction, Leaving Door Open for 2024 Run
February 14, 2021 03:28 PM AEDT| By Team Kalkine MediaFormer US President Donald Trump escaped conviction in a Senate vote on Saturday on charges of inciting insurrection on the Capitol Hill, leaving the door open for another run in the 2024 elections. The sentencing motion was defeated in 57 guilty .....
5 FTSE Stocks to Look for In February 2021
February 14, 2021 11:49 AM AEDT| By Hina ChowdharySummary Markets are recovering at a brisk pace with countries expediting their respective Covid-19 vaccination programmes. Certain sectors are expected to carry on their good run the month and beyond. Major indices around the world are on .....
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Three financial strategies for all single men or women
February 14, 2021 02:49 AM AEDT| By Hina ChowdharyAre you a single man or woman? If yes, have you financially secured your future? Worries would be less for those who have secured their financial future. And for others, it’s time for a serious rethink. Since single people are sole financial .....
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Bloomberg Commodity Index hits a 26 month-high after demand growth surged
February 14, 2021 01:43 AM AEDT| By Kunal SawhneyThe Bloomberg Commodity Index continues to recover as it rocketed to a 26-month high of USD84.05 on 9 February 2021. The Bloomberg commodity index incorporates 23 commodity futures, and all were trading at an all-time low during April 2020. The co.....
Banning BBC another nail in the coffin of UK-China relations
February 13, 2021 09:28 PM AEDT| By Team Kalkine MediaFollowing the UK’s media watchdog Ofcom decision to disallow China Global Television Network to broadcast in the UK, the Chinese authorities on Thursday banned the BBC from being aired in its country. The Chinese governm.....
UK government urges those over 70 to take Covid-19 jabs
February 13, 2021 09:23 PM AEDT| By Kunal SawhneyIn a final push to meet the vaccination target, UK ministers are asking those between 70 and 80 years to get their first Covid-19 shot. Over 14 million people in the UK have received at least one vaccine shot and the number is expected.....
US Markets End Week With Modest Gains; Disney Revenues Up 22%
February 13, 2021 12:45 PM AEDT| By Kunal SawhneyUS stock markets ended the week with modest gains on Friday after the Biden administration announced that more COVID vaccines are on the way and positive sentiment over the central bank’s efforts to contain any potential risk to the economy. .....
How London stocks performed after a record 9.9% slump in GDP?
February 13, 2021 06:33 AM AEDT| By Kunal SawhneyUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 3.56 points or 0.09 per cent lower at 3,912.82, Dow Jones Industrial Average Index dropped by 62.99 points or 0.20 per cent lower at 31,367.71...
Tesla's (NASDAQ:TSLA) Chinese New Year Software Update Includes TikTok
February 13, 2021 03:17 AM AEDT| By Hina ChowdharyIn the essence of Chinese New Year, which falls on Friday, February 12, Tesla Inc (NASDAQ:TSLA, TSLA:US) has unveiled a new software update in China that contains social media app TikTok. Tesla China’s 2021.04.05 Software Update also include.....
How Amsterdam Replaced London As Europe’s Largest Share Trading Centre
February 13, 2021 02:13 AM AEDT| By Kunal SawhneySummary Daily trading in the Netherlands share market shot up to roughly €9.2billion in January. Trading volumes in London dropped to €8.6 billion from €17.5billion. Brexit’s impact on the UK has started showing up. Am.....
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What is Stellar & Lumen (XLM)? How Does It Work?
February 13, 2021 01:16 AM AEDT| By Kunal SawhneyStellar is a blockchain-based payment system. Its crypto coin trades under the ticker name Lumen (XLM). The token offers discounted transactions to financial institutions via its blockchain-backed platform. Jed McCaleb, a serial cryptocurrency entre...
How PepsiCo wrapped up an uncertain year?
February 13, 2021 12:15 AM AEDT| By Team Kalkine MediaPepsiCo, Inc. recently released full-year and last quarter results. The consumer goods business clocked full-year revenue growth of 4.8%, while fourth-quarter revenue was up 8.8%. FX impact for the full-year negative 2%. Source: PepsiCo NY.....
Post-Brexit relief: UK government to give £20m aid to support SMEs
February 12, 2021 11:15 PM AEDT| By Kunal SawhneyIn order to support the smaller businesses in the United Kingdom, the Boris Johnson government has announced a monetary aid of £20 million, primarily focused to help the small and medium enterprises. The fund has been allo.....
How Effective Is the Government’s Approach of Imposing A Cladding Tax?
February 12, 2021 09:04 PM AEDT| By Hina ChowdharyIn a bid to make high-rise buildings safer, the British housing secretary announced a £3.5-billion plan to replace combustible cladding that can be dangerous for all buildings taller than 18 meters. The British government will provide reassur.....
UK economy contracts by 9.9% in 2020, largest-ever annual fall in GDP
February 12, 2021 08:44 PM AEDT| By Kunal SawhneyThe UK economy recorded the “largest-ever” annual fall with the GDP slipping by 9.9 per cent in the pandemic-laden calendar year, as per latest figures from the Office for National Statistics. The UK GDP saw a growth of 1 per ce.....
What does EU proposal to delay application of post-Brexit trade deal means for Britain?
February 12, 2021 07:16 PM AEDT| By Kunal SawhneyThe European Commission has asked its member states to delay the applications of the post-Brexit trade deal with UK till April. On Tuesday, the proposal to extend the deal was sent for approval after which it will be sent to a joint council l.....
