AUS
NZ
UK
CA
USA
IND
News
.jpg)
Apple to reportedly invest USD 3.6B in Kia for EVs production
February 04, 2021 05:19 PM AEDT| By Hina ChowdharyThere has always been speculation around Apple Inc (NASDAQ: AAPL) entering the growing EV market, though the iPhone maker never officially commented on it. Media is abuzz with reports of an imminent Apple-Kia Motors deal worth 3.6 billion.....
.jpg)
BNPL stocks react after the UK proposed regulatory changes
February 04, 2021 03:55 PM AEDT| By Team Kalkine MediaThe unsecured credit market has been expanding with each passing year. The growing need for credit has risen for the diverse range of goods, demanded by consumers. The popularity of digital lending in the recent past has further expanded the credit.....
.jpg)
PayPal caps off 2020 in style with record numbers
February 04, 2021 03:03 PM AEDT| By Team Kalkine MediaBuoyed PayPal Holdings Inc. (NASDAQ:PYPL) today unveiled an excellent set of numbers to present the fourth-quarter and full-year 2020 results. Riding high on the consumers’ shift towards online payments amid the pandemic, the fintech giant cl.....
.jpg)
GameStop’s shares closed higher as company makes new leadership appointments
February 04, 2021 02:30 PM AEDT| By Team Kalkine MediaGameStop shares have lost significant value after smashing through the roof last week. On Wednesday, the meme stock closed 2.68% higher at $92.41, but GME shares were nearly 4% lower in the after-hours trading. Copyright © 2021 Kalkin.....
.jpg)
What you need to know about Andy Jassy, Amazon’s Next CEO
February 04, 2021 01:46 PM AEDT| By Team Kalkine MediaAmerican multinational technology company Amazon is undergoing a major transformation, as Founder Jeff Bezos is all set to step down as the CEO after starting his journey some 27 years ago. Bezos, who went on to become the world’s richest man.....
.jpg)
Wall Street rally continues on strong corporate earnings
February 04, 2021 08:58 AM AEDT| By Kunal SawhneyThe major Wall Street equity indices extended their rally to the third consecutive day on Wednesday on strong corporate earnings and better-than-expected hiring data. Shares of Google’s parent Alphabet closed up 7.28 per cent after the compan.....
.jpg)
FTSE AIM Index Surged by 0.84%; Shares of Vodafone Group Expanded by 5.87%
February 04, 2021 08:28 AM AEDT| By Kunal SawhneyUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 13.61 points or 0.36 per cent higher at 3,839.92, Dow Jones Industrial Average Index surged by 9.13 points or 0.03 per cent higher at 30,696...
Spacex‘S Starship Explodes During Second Test Flight Landing, FAA To Launch Probe
February 04, 2021 03:26 AM AEDT| By Kunal SawhneyElon Musk’s private space company SpaceX’s next-generation Starship rocket -- Starship prototype Serial Number 9 (SN9) -- though launched successfully on 2 February, exploded while attempting to land after a development test fli.....
Global tech tax: EU officials join US counterparts for early rollout
February 04, 2021 12:03 AM AEDT| By Kunal SawhneyA global tech tax is in the works, which means tech giants around the world will be hit with higher taxes, after the European Union officials had a detailed discussion with US treasury secretary Janet Yellen and German Finance Minister Olaf Scholz .....
Energy Consumers in The UK Willing to Adopt Sustainability: Survey
February 03, 2021 11:02 PM AEDT| By Kunal SawhneyGlobal consulting firm EY in a survey came across startling facts regarding the changing consumption pattern in the UK’s energy sector. According to the survey findings, more customers are factoring sustainability while choosing energy-relate.....
Hormel is eyeing to buy Kraft Heinz’s brand Planters
February 03, 2021 09:55 PM AEDT| By Team Kalkine MediaThe Kraft Heinz Company (NASDAQ: KHC) is in talks with Hormel Foods Corporation (NYSE: HRL) to sell its Planter snack business for $3 billion. The deal might be finalised in the new few weeks as Hormel is .....
Exxon Mobil Shifts Gears to Clean Technologies Amid Investors’ Pressure
February 03, 2021 08:58 PM AEDT| By Team Kalkine MediaUS oil and gas giant Exxon Mobil announced a new business venture called ExxonMobil Low Carbon Solutions focusing on low-emission technologies. The company pledged to invest US $3 billion till 2025 in carbon capture storage and other low emissions .....
T-Mobile Finalises Price to Buy Shentel Wireless Business
February 03, 2021 08:42 PM AEDT| By Team Kalkine MediaMobile telecom company T-Mobile has finally settled upon a price with Shentel or Shenandoah Telecommunications Company to purchase its wireless assets. T-Mobile is expected to shell out $1.95 billion for acquiring Shentel’s wireless business......
.jpg)
FTSE 100 likely to extend gains as confidence restores partly
February 03, 2021 07:06 PM AEDT| By Team Kalkine MediaUK stock markets are likely to open higher on Wednesday, 3 February, tracking the upbeat Asian cues with Japanese Nikkei 225 rising a per cent at the close. Most of the Asian stock indices traded higher on Wednesday barring the headline stock indicat...
Buying frenzy cools off; is there any steam left in GameStop short squeeze?
February 03, 2021 06:34 PM AEDT| By Kunal SawhneyThe rally in GameStop has probably come to an end as the share price tanked by a massive 60 per cent on Tuesday and closed the session at US$90. The unprecedented volatility seen in this counter is still quite high. However, it is the first time si.....
AstraZeneca Oxford vaccine could lead to fall in coronavirus spread, claims study
February 03, 2021 06:30 PM AEDT| By Team Kalkine MediaSummary A scientific study suggests that a single dose of the AstraZeneca Oxford vaccine lowers the Covid-19 virus transmission by two-third. A single shot offers 76 per cent immunity against the virus for up to a period of three months. A.....
Myanmar Coup Explained: Here’s What Exactly Happened
February 03, 2021 05:19 PM AEDT| By Hina ChowdharyThe reports of an unfolding military coup in Myanmar have shocked the world. The military has reportedly detained National League for Democracy (NLD) party's prominent leader Aung San Suu Kyi and other leaders. Suu Kyi won the November 2020 polls .....
Who is replacing Jeff Bezos as Amazon CEO?
February 03, 2021 03:05 PM AEDT| By Team Kalkine MediaEven before coronavirus pandemic, Amazon CEO Jeff Bezos had lowered his participation in the company's day-to-day operations. On Tuesday, Amazon announced that Bezos would step down and take up the role of executive chairman. The company announced .....
Why private house approval hit a new high in December 2020
February 03, 2021 01:38 PM AEDT| By Team Kalkine MediaThe private sector house approvals surged for the sixth straight month in December and hit a record high amid robust demand due to stimulus measures and low-interest rates. While the approvals for private houses jumped 15.8 per cent in December, dw.....
Oil Giant BP Posts Dismal Annual Performance; Q4 Numbers Improve
February 03, 2021 01:33 PM AEDT| By Kunal SawhneyGlobal oil & gas trading giant British Petroleum (BP) has announced the fourth-quarter and full-year 2020 results. The Company registered an underlying replacement cost profit of $0.1 billion in Q4 ended 31 December 2020, which remained in...
