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Crypto Market Crashes As Bitcoin Tumbles Over 20%, Ethereum Down 25%
January 12, 2021 02:18 AM AEDT| By Kunal SawhneyAfter hitting US$ 1 trillion in market value, the crypto market plunged over 20 per cent during early trading hours of Monday, January 11. Bitcoin slumped below the US$ 33,000-mark a day after it hit its life-time high of approximately US$ 42,000 per...
Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract
January 12, 2021 12:14 AM AEDT| By Kunal SawhneyTwitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against...
Indonesian Aviation Industry Feels The Heat After Another Boeing Crash
January 12, 2021 12:01 AM AEDT| By Kunal SawhneyIn a tragic incident, a Boeing 737-500 of the Sriwijaya Air flight 182, carrying 62 people, including babies, children, and crew members, went missing on Saturday, 9 January 2021, just minutes after taking off. The flight was heading to the city of.....
UK third lockdown: When can the restrictions be lifted?
January 11, 2021 11:08 PM AEDT| By Kunal SawhneyBritish Prime Minister Boris Johnson and his cabinet had taken a huge risk after deciding to announce the third lockdown on Wednesday (6 January) owing to the spike in coronavirus cases in the country. The step was taken because of the new variant.....
Crypto Warning: FCA Highlights Risks of Investments Focussing on High Returns
January 11, 2021 10:06 PM AEDT| By Team Kalkine MediaCapital market regulator Financial Conduct Authority (FCA) warned on Monday, 11 January, about the potential risks of investing in crypto assets promising high returns. As the cryptocurrency environment being unregulated so far, it is quite hard to.....
BT and Royal Mail ask for Covid vaccinations for staff
January 11, 2021 09:21 PM AEDT| By Team Kalkine MediaBT Group Plc (LON: BT.A) and Royal Mail Plc (LON: RMG) have requested the Government to vaccinate their engineers and postal workers for Covid vaccinations. The Communication Workers Union, which represents the employees of...
Ocado (LON: OCDO) warns of missing items in its stores
January 11, 2021 09:21 PM AEDT| By Team Kalkine MediaOnline grocer Ocado has warned that some of the items have gone missing from its shelves and some products have seen increased substitutions. This is mainly due to coronavirus linked staff absences which have hit supply chains hard. &nb...
Investors ask HSBC (LON: HSBA) not to lend to coal firms
January 11, 2021 09:18 PM AEDT| By Team Kalkine MediaInvestors have asked HSBC to stop lending to fossil fuel companies, especially those in the highly polluting coal sector. A total of 15 institutional investors and 117 individual investors have backed a resolution asking HSBC to set target...
Why are the social media firms banning Trump?
January 11, 2021 09:12 PM AEDT| By Team Kalkine MediaSocial media platforms are banning outgoing US President Donald Trump after he faced a lot of backlash after the violent protest at the US Capitol by Trump supporters. Twitter was first to permanently ban his account on Friday, followed by Facebook.....
FTSE 100 likely to open lower; GBP skids vs USD, bitcoin crashes 21%
January 11, 2021 07:12 PM AEDT| By Team Kalkine MediaUK stock markets are likely to open on a negative footing on Monday, 11 January, as investors have turned cautious ahead of the macroeconomic data release and the beginning of corporate result season for the fourth quarter of FY 2020-21. Balance of t...
Tech Giants Apple, Amazon, and Google suspend Twitter rival ‘Parler’ from their platform
January 11, 2021 06:36 PM AEDT| By Team Kalkine MediaSocial Network platform Parler has been banned by tech giants Apple, Amazon, and Google after the violent protest on Capitol Hill. The protest took the life of five people. About the US Capitol Hill Siege On Wednesday, the US President Donald Tru.....
Coronavirus update: new mass vaccination sites open in England
January 11, 2021 06:12 PM AEDT| By Team Kalkine MediaSummary Ambulances under ‘unprecedented pressure’, says the College of Paramedics’ chief executive More GP sites and pharmacy centers to be used for vaccination this week, taking the total number of mass inoculation sites to n.....
Will Trump be impeached ahead of the Inauguration Day?
January 11, 2021 04:25 PM AEDT| By Edita Ivancevicwhich means that Mr Trump could be out of the office before the Inauguration Day. Speaker of the House of Representatives Nancy Pelosi announced that the Representatives would go ahead with the efforts of removing the current US President Donal....
Bitcoin Taking Breather After Blistering Run, Notes From Chartist’s Workbook
January 11, 2021 03:44 PM AEDT| By Team Kalkine MediaBitcoin has been under a bull run with prices hitting new record highs almost every week and in 2021 the prices have already scaled above the USD 40,000 mark and registered a new all-time high of USD 41,100. To Know More, Do Read: Bitcoin hits new a...
A new Boeing crash. What’s ailing the Indonesian aviation industry?
January 11, 2021 01:05 PM AEDT| By Edita Ivancevicstories regarding poor weather conditions and maintenance at Indonesian airports. The Boeing 737-500 carrying 62 passengers and six flight crew disappeared from the radar four minutes after taking off from Jakarta, Indonesia, during the weekend....
Tesla Hits All-Time Highs; Should Crude Players Be Worried?
January 11, 2021 11:54 AM AEDT| By Kunal SawhneyDecember 2020 marked an important event in the history of the US stock market. Tesla, Inc.(NASDAQ: TSLA) was included in the list of S&P 500 with a market capitalisation of more than US$600 billion. It was historic because no company has ever m.....
US loses 140,000 jobs in December 2020
January 11, 2021 09:38 AM AEDT| By Team Kalkine MediaAccording to the latest employment data released by the US Bureau of Labor Statistics on 8 January 2021, the US's total nonfarm payroll employment has fallen by 140,000 in December 2020. The recent surge in the no. of coronavirus cases and the rela.....
First week of 2021: Bitcoin tops $42,000, DJI, Nasdaq mark new all-time highs
January 10, 2021 11:02 AM AEDT| By Team Kalkine MediaIt has been an eventful start to the new year 2021 with global financial markets rejoicing the onset of the recovery period, after witnessing a never-seen-before crisis due to the still-evolving Covid-19 (CoV-2-SARS) virus. Following the first full t...
12 Surprising facts about Elon Musk, the maverick billionaire
January 10, 2021 03:07 AM AEDT| By Team Kalkine MediaElon Reeve Musk is originally from Pretoria, South Africa. His mother Maye Musk is a renowned model and dietitian, and his father Errol Musk is an electromechanical engineer. Elon Musk moved to Canada and the United States for education; however, h.....
How will WhatsApp’s new privacy policy impact users?
January 10, 2021 02:40 AM AEDT| By Kunal SawhneyRecently, WhatsApp introduced its new privacy policy, whipping up a storm across the globe. The updated terms and conditions have revealed how the messaging platform will share the user’s private data with Facebook, Inc. from 8 February 2021......
