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NZ Government discloses new traffic light system and business support package
October 22, 2021 12:18 AM PDT| By SonalHighlights The NZ government revealed its new COVID Protection framework on Friday, which includes 3 traffic light systems once all DHBs achieve 90% vaccination rates. The new framework will involve red, orange and green settings, which w.....
What makes trading in Quant crypto different from others
October 21, 2021 10:25 PM PDT| By Jasmine AnandHighlights Quant trading has been quite popular, owing to its unique concept and strategy. Its operating system, Overledger, integrates multiple DLTs from various blockchains for speedier and efficient growth. Its unique strategies, which comp.....
S&P 500 closes at all-time high as tech shines, inflation jitters fade
October 21, 2021 03:22 PM PDT| By Sanjeeb BaruahThe S&P 500 Index closed at an all-time high on Thursday, October 21, helped by gains in technology stocks, while Nasdaq concluded the session in the green, Dow Jones slipped. The S&P 500 was up 0.30% to 4,549.78. The Dow Jones fell 0.02% to...
Musk on Mars: Rocket man to extend life to Mars
October 21, 2021 02:44 AM PDT| By Kiara KhannaSince there is coronavirus on earth, would you like to move to Mars? That might have sounded impossible few years ago, but it seems possible now as Elon Musk is all set to terraform Mars and extend life to Mars. Musk said in his latest reply to Mat.....
What is FTX and how does it work?
October 20, 2021 09:53 PM PDT| By Jasmine AnandDealing in leveraged tokens and derivatives, FTX is a renowned crypto exchange, which was launched by Sam Bankman-Fried in 2018. This cryptocurrency exchange offers innovative financial products, with distinct features. Its simplified desktop and .....
Why Facebook’s Name Change Goes Against Conventional Marketing Wisdom
October 20, 2021 06:18 PM PDT| By Daniel Paul JohnsIn 2009, The Social Network – a film which chronicled the relationship of two Harvard friends who would go on to create perhaps the most revolutionary website in history – there’s a scene where the two friends awkwardly sit in an .....
What’s in store for Facebook in 2022 after a year of hurdles?
October 20, 2021 03:55 PM PDT| By Sanjeeb BaruahThe first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year.....
US indices close flat as healthcare, utility stocks gain
October 20, 2021 03:25 PM PDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed higher on Wednesday, October 20, pulled up by gains in healthcare stocks, while Nasdaq stayed near flat as investors turned their focus away from technology shares. The S&P 500 was up 0.37% to 4,536.19. The Dow J...
What's in a name? Facebook may no longer be Facebook
October 19, 2021 10:16 PM PDT| By Ipsita SarkarFacebook Inc (NYSE:FB) may soon be known by a different name. The rumors surfaced following a leading tech blog article suggesting that the social media giant may soon rebrand itself to focus on expanding metaverse. In response, Facebook said it doe...
Wall Street closes higher as strong earnings lift risk appetite
October 19, 2021 02:46 PM PDT| By Sanjeeb BaruahBenchmark US indices edged higher on Tuesday, October 19, as strong quarterly earnings of companies for the third consecutive session lifted investors’ risk appetite. The S&P 500 was up 0.74% to 4,519.63. The Dow Jones rose 0.56% to 35,457...
S&P 500, Nasdaq rise on tech gains, Dow slips
October 18, 2021 03:27 PM PDT| By Sanjeeb BaruahThe S&P 500 and tech-savvy Nasdaq closed higher on Monday, October 18, bolstered by gains in technology stocks and upbeat corporate earnings. The S&P 500 was up 0.34% to 4,486.46. The Dow Jones fell 0.10% to 35,258.61. The NASDAQ Composite r...
Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan
October 18, 2021 12:07 PM PDT| By Sanjeeb BaruahThe Facebook Inc (NASDAQ: FB) stock was up more than 3% in intraday trading, hours after it announced plans to hire up to 10,000 specialists in Europe to help develop a metaverse. The FB stock traded at US$334.935 at 1:32 pm ET on Monday. Faceboo.....
Former secretary of state Colin Powell dies aged 84
October 18, 2021 10:17 AM PDT| By Ipsita SarkarFormer US Secretary of State Colin Powell died at the age of 84 on Monday, his family said. The retired four-star general and former national security adviser had been unwell for some time. Powell was undergoing cancer treatment at the Walter Reed...
Why “Squid Game” is so popular?
October 18, 2021 01:24 AM PDT| By SamtaHighlights The most popular K-drama – Squid Game, has become Netflix’s biggest ever series. Squid Game has been watched by around 111 million users within first 28 days of its release. The nine-part series debuted in Septembe.....
Weakened momentum in global economic recovery
October 16, 2021 06:00 AM PDT| By Rini ZachariahHighlights Earlier this week, the International Monetary Fund (IMF) released its outlook for global economic recovery. The headline forecast for global growth, too, has been brought down by 0.1% to 5.9%. The 2022 projections were held the same.....
LinkedIn to shut down service in China, cites ‘challenging’ conditions
October 15, 2021 06:00 PM PDT| By Sanjeeb BaruahHighlights Microsoft-owned LinkedIn said that greater compliance requirements made it impossible to continue operations in China. LinkedIn will replace the site with a job portal, called InJobs, a stripped-down version, which will not have its.....
Wall Street ends higher as financials, consumer stocks lead gains
October 15, 2021 02:25 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Friday, October 15, buoyed by robust quarterly results of financial majors Goldman Sachs and Charles Schwab and others. The S&P 500 rose 0.75% to 4471.37. The Dow Jones rose 1....
Digital gift card retailer Prezzee to be listed on ASX soon
October 15, 2021 02:56 AM PDT| By Priyanka PayalHighlights Prezzee Pty Limited is considering getting listed on the stock market soon. Studies indicate that the gift-card market could expand from AU$838 billion in 2019 to AU$2.81 trillion by 2027. Prezzee, which operat.....
North Australian Cattle Company now has a new owner
October 15, 2021 02:16 AM PDT| By Sonal GoyalHighlights North Australian Cattle Company (NAAC) has come out of voluntary administration with new owner. The managing director of NAAC, Ashley James has taken over the NACC. The company went into administration due to disagreement amon.....
Here’s NSW’s A$66M package to lift outdoor activities post lockdown!
October 15, 2021 01:47 AM PDT| By Priyanka PayalHighlights On Thursday, the NSW Government announced Alfresco Restart package worth AU$66 million to boost outdoor dining and hospitality business in Australia post lockdown. The decision was taken in view of the decline in COVID-19 cases.....
