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Social media giants ban President Trump Accounts
January 08, 2021 08:32 PM AEDT| By Team Kalkine MediaAfter the Capitol Hill violence on Wednesday condemned by the world leaders across the countries, the social media giants have come into the action. Facebook has announced banning Trump's account for at least until the incumbent President's term ge.....
Boeing to pay $2.5 Billion to Settle Charges in 737 MAX Crash probe
January 08, 2021 07:05 PM AEDT| By Kunal SawhneyUS multinational aerospace company Boeing Co (LON: BOE) during a Justice Department investigation has admitted that its employees deceived aviation administration about safety matters linked to two fatal crashes of its 737 MAX jet in 2018 and 2019......
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FTSE 100 likely to open higher on upbeat Wall Street; bitcoin pips $40,000
January 08, 2021 06:53 PM AEDT| By Team Kalkine MediaUK stock markets are likely to open on a positive note on Friday, 8 January, tracking the positive Asian cues led by a higher closing of Wall Street with Japan’s Nikkei 225 registering a gain of more than 2 per cent. The FTSE 100 has advanced f...
UK employment market strengthened in December, says REC survey
January 08, 2021 05:45 PM AEDT| By Team Kalkine MediaThe UK jobs scenario has improved in December, before the new lockdown was imposed, according to the results of survey from Recruitment and Employment Confederation. There was a rise in permanent hiring along with a small leap in the total number o.....
Story of Elon Musk: A Dreamer's Journey to Becoming The World's Richest
January 08, 2021 05:25 PM AEDT| By Kunal Sawhney2020 was a blockbuster year for EV maker Tesla and its boss Elon Musk despite the COVID-19 blues. Continuing his winning streak, the outspoken maverick has entered the new year 2021 with a bang, becoming the world's richest person. Elon Musk overt.....
Why Simon and Schuster won’t publish Senator Josh Hawley’s book
January 08, 2021 03:43 PM AEDT| By Edita IvancevicFamous American publisher Simon and Schuster has decided against publishing Senator Josh Hawley’s latest book, as the Senator was one of the members who sought to overturn the President-elect Joe Biden’s victory. Hawley, a Republican S.....
Boeing Enters DPA in 737 MAX Probe, Agrees to Pay $2.5Bn
January 08, 2021 02:29 PM AEDT| By Kunal SawhneyThe United States Justice Department and the world's largest aerospace company Boeing have reached an agreement concerning a 737 MAX probe. The American conglomerate has agreed to pay USD 2.5 billion to settle a criminal charge of defrauding safety...
Calls grow for removal of Trump via 25th amendment or impeachment
January 08, 2021 01:31 PM AEDT| By Team Kalkine MediaThe tumultuous pictures coming from the US Capitol have forced the authorities and lawmakers of the US to ponder upon the impeachment of President Donald Trump prior to Joe Biden taking over as the next president. Violent and raucous scenes pla...
Shopify bans Trump-affiliated stores after Capital turmoil
January 08, 2021 12:58 PM AEDT| By Edita IvancevicThe e-commerce giant Shopify has decided to remove US President Donald Trump’s stores from its platform. The Canadian company pulled out all merchandise related to the sitting president as a response to recent riots in the US capital Washing.....
Euphoria in Bitcoin continues as it surged past US$40,000
January 08, 2021 08:23 AM AEDT| By Team Kalkine MediaThe euphoric rally in Bitcoin continues to make new all-time highs with every passing day. On 7 January 2021, Bitcoin surged past an unbelievable US$40,000 mark after rallying by more than US$3,000. It’s been hardly a week into 2021 and Bitco.....
Five financial lessons for investors in 2021
January 08, 2021 08:14 AM AEDT| By Kunal SawhneySummary The market uncertainty owing to the coronavirus pandemic kept investors on tenterhooks for the most of 2020. However, holding good even in the face of disruption is one of the valuable financial lessons for investors. The coronavirus p.....
UK and European Markets’ Edged Higher; Dow Jones Hit 31,000 Level
January 08, 2021 08:05 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 55.06 points or 1.47 per cent higher at 3,803.20, Dow Jones Industrial Average Index expanded by 265.07 points or 0.86 per cent higher at 31...
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FTSE 100 turns red as BoE official warns of more Covid chaos; Unilever, AstraZeneca, HSBC slip
January 08, 2021 03:27 AM AEDT| By Team Kalkine MediaUK stock markets turned red in the late afternoon deals on Thursday, 7 January, after a Bank of England official warned of more Covid-19-led disruption in the financial markets. The FTSE 100 index slid into negative territory after starting on a posi...
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 08, 2021 03:21 AM AEDT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
UK’s Crypto Derivatives Ban Effective Now: 10 Key Things to Know
January 08, 2021 01:43 AM AEDT| By Team Kalkine MediaUnited Kingdom’s Cryptocurrency derivatives ban to the retail customers has come into effect from 6 January Now any organisation offering such services to retail customers should be considered as a scam The UK capital market regulator F...
Gold breaking out of slumber, what are charts saying?
January 08, 2021 12:30 AM AEDT| By Team Kalkine MediaGold has been under a crabwalk for a while with economic situations around the globe taking a turnaround with the rollout of COVID-19 vaccine. The spot market has been stuck in a range for quite a while; however, after a period of slow moves, gold ha...
US Congress Upholds Joe Biden’s 2020 Presidential Win, Trump Accepts Defeat
January 07, 2021 11:32 PM AEDT| By Hina ChowdharyThe US Congress has formally certified President-elect Joe Biden’s victory in the 2020 presidential election in the early morning hours of Thursday, January 7. In the joint session held by the House and Senate, congressional leaders confirmed.....
WeWork outline radical steps to survive Covid crisis
January 07, 2021 10:09 PM AEDT| By Team Kalkine MediaWeWork has outlined a few radical steps in a bid to survive Covid-19 crisis while raising long term future. The company signed a series of new leases for buildings in 2019, following which, it racked up losses of £234 million. In the short...
M&S (LON: MKS) to acquire clothing chain Jaeger
January 07, 2021 10:01 PM AEDT| By Team Kalkine MediaMarks and Spencer Group Plc (LON: MKS) will acquire London-based clothing chain Jaeger after it fell into administration last year. M&S will sign an agreement to acquire the brand soon. Jaeger is part of the Edinburgh Woollen Mill Group and is...
CMA starts probe into Nvidia's $40billion takeover of Arm
January 07, 2021 09:54 PM AEDT| By Team Kalkine MediaThe Competition and Markets Authority has launched a probe into the £29.5 billion takeover deal of the UK-based chip designer Arm Holdings by Nvidia on competition concerns. In September, Nvidia announced that it would buy the British tech g...
