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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......
PM Johnson appoints Alok Sharma as full-time President of UN COP26
January 10, 2021 12:52 AM AEDT| By Kunal SawhneyPM Boris Johnson on Friday, 8 January, designated former Business Secretary Alok Sharma as the full-time President of UN COP26 climate conference that is scheduled to take place in Glasgow in November. Kwasi Kwarteng has been appointed as the Secre.....
Halifax Says Growth in House Price Is Slowing Down After the Boom
January 10, 2021 12:49 AM AEDT| By Kunal SawhneyBritain’s biggest mortgage lender Halifax released its latest report on 8 January, which indicated that the average house price in the UK for the month of December reached a record high of £253,374. Though there was a 6 per cent increa.....
Elon Musk, World’s Richest Person, Once Lived On C$ 1 Food Budget
January 10, 2021 12:41 AM AEDT| By Kunal Sawhneyhim the richest human on the planet. After a year of Tesla stocks rallying off the charts, Elon Musk first beat Microsoft head Bill Gates to become the world’s second richest man in November. He then took over mantle of the world&....
UK Records Highest Daily Toll of Covid-19 Deaths, NHS Staff to Be Vaccinated Soon
January 09, 2021 06:53 PM AEDT| By Hina ChowdharyThe hospitals in London are at risk of being overwhelmed as Friday witnessed the highest daily death toll since the onslaught of the coronavirus pandemic. PM Boris Johnson has enforced the third lockdown and is procuring more and more vaccines to s.....
Factors That Impacted Stock Markets in The First Week Of 2021
January 09, 2021 05:43 PM AEDT| By Team Kalkine MediaUK stock markets have steadily bounced back from the pandemic-steered bottoms with the FTSE 100 picking itself from the dismantled levels recognised during the February-March period last year. After four consecutive days of gain, the benchmark FTSE 1...
Twitter, Facebook banning US President Trump, is it because of a power shift?
January 09, 2021 03:25 PM AEDT| By Kunal SawhneySocial media platforms are taking the strictest action against incumbent US President Donald Trump by banning him from their respective platforms. The latest being Twitter, which permanently suspended his account on 8 January 2021. After banning th.....
Gold price loses sheen as US govt bond yields shoot up
January 09, 2021 02:56 PM AEDT| By Team Kalkine MediaThe yellow metal lost some of its shine on Friday as gold slumped on the bullion market by over 3.4%, as the US presidency risks faded away and the US government bond yield grew to its highest level since March 2020. The toll on the gold price soon.....
German carmaker Daimler voices dismay over Washington DC riots
January 09, 2021 02:19 PM AEDT| By Edita Ivancevicbility was good for economy and it hoped for a peaceful transition of power in US. German car manufacturer Daimler has expressed its disappointment over the riots in Washington DC. Wednesday saw a brutal assault on US democracy when a mob of Tru...
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FTSE 100 Inched Higher by 0.24%; Shares of Reach Zoomed by 16.46%
January 09, 2021 08:41 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 17.81 points or 0.47 per cent higher at 3,821.60, Dow Jones Industrial Average Index expanded by 17.16 points or 0.06 per cent higher at 31,...
Market Updates (2): 8 January
January 09, 2021 03:31 AM AEDT| By Hina ChowdharyFTSE 100 heading for weekly gains, Bitcoin reaches fresh record high of $41,530 Wall Street’s main indices are expected to attain new highs on Friday on hopes of economic stimulus. The overall economy of the United States was tormented b...
US Airlines ban alcohol on domestic flights after passengers created ruckus
January 09, 2021 12:10 AM AEDT| By Edita IvancevicRecent violent protests at the White House resulted in dangerous flying conditions for the passengers, as it was brought to the notice of the Association of Flight Attendants, an American union, which represents 17 airlines in the country. For tha.....
China hands death sentence to ex-banker over bribery charges
January 09, 2021 12:05 AM AEDT| By Edita IvancevicA former official of a state-owned bank in China was sentenced to death on bribery, bigamy, and corruption charges. Beijing’s drastic and rare move showed that China does not tolerate any serious corporate misconduct in the country. The sent.....
Bitcoin hits new all-time high of $41,100 within 12 hours after breaching $40k
January 08, 2021 11:16 PM AEDT| By Team Kalkine MediaBitcoin has been on a wild ride in the last four months in which the globally popular crypto asset has breached multiple record highs. In the last 12 months, bitcoin has leapfrogged various levels defying the coronavirus-led turbulence in the financi...
Centrica (LON: CNA) owned British Gas to launch a five-day strike
January 08, 2021 11:15 PM AEDT| By Team Kalkine MediaThe engineers of British Gas has said they would launch a five-day strike from Thursday over new contracts offered to them. Workers have alleged that British Gas is trying to push through pay cuts by threatening to fire wor...
B&M (LON: BME) owners take £30 million payout after Christmas sales
January 08, 2021 11:14 PM AEDT| By Team Kalkine MediaSimon and Bobby Arora, owners of B&M European Value Retail S.A. (LON: BME), have taken a £30 million payout after it reported booming sales in the run-up to Christmas. The Arora brothers will receive the lates...
Mitchells & Butlers (LON: MAB) asks for emergency funds
January 08, 2021 11:14 PM AEDT| By Team Kalkine MediaThe owner of O’Neill’s and Harvester, Mitchells & Butlers Plc (LON: MAB), has asked its investors for emergency funds. M&B said it is left with only £125 million despite...
Hyundai Motor, Apple to Tie Up for Creating Electric Mobility Solutions
January 08, 2021 10:08 PM AEDT| By Hina ChowdharyShares of South Korean multinational automotive manufacturer Hyundai Motor Co (KRX: 005380) rallied nearly 20 per cent on the Korea Exchange after the automaker announced that it is in talks with US tech giant Apple for development of electric mobi.....
Cryptocurrency Market Cap Crosses $1 Trillion As Bitcoin Soars Above $40,000
January 08, 2021 09:31 PM AEDT| By Kunal SawhneyBlockchain-based cryptocurrencies are rallying on Wall Street as investors display confidence over Bitcoin as a sustainable asset. The world’s most prominent cryptocurrency soared over a record US$ 40,000 on Thursday, doubling in valu.....
