World news
Why is wellness travel becoming popular?
October 08, 2021 09:45 PM PDT| By Ipsita SarkarHighlights The wellness travel sector has grown from US$563 billion in 2015 to US$639 billion in 2017. According to Global Wellness Institute, the wellness travel market to reach US$919 billion by 2022, representing more than 18 percent of the .....
US markets close week flat on weak jobs data, inflation
October 08, 2021 02:02 PM PDT| By Sanjeeb BaruahBenchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...
Real-world data is overcoming shortcomings of clinical trials, here’s how?
October 08, 2021 07:57 AM PDT| By Tripti JoshiHighlights In healthcare, real-word data (RWD) is the data relating to a patient’s health status and delivery of health care. Biotech and pharmaceutical companies are using RWD and real-world evidence (RWE) for supporting clinical trial d.....
NSE’s F&O ban: All you need to know
October 08, 2021 12:09 AM PDT| By Furquan MoharkanThe five stocks that have been put in the futures and options (F&O) ban for trade on Friday, October 8, 2021 by the National Stock Exchange (NSE) are: India’s public sector miner National Aluminium Company Limited (Nalco), public sector ban...
What caused Bitcoin’s price rise in last one week?
October 07, 2021 10:18 PM PDT| By Jasmine AnandHighlights Bitcoin witnesses positive trends at the beginning of Q4 with massive price gains in the past week. Analysts predict the price momentum to continue till year end, though with slight caveats. Other cryptocurrencies like Ethereum, Bin.....
US stocks rally on Senate debt-ceiling extension deal
October 07, 2021 03:00 PM PDT| By Sanjeeb BaruahUS stock markets closed higher on Thursday, October 7, pulled up by gains in the technology sector as positive sentiments grew after the Senate secured a crucial debt-ceiling extension deal. The S&P 500 was up 0.83% to 4,399.76. The Dow Jones ro...
Selected EU nations suspend Moderna’s vaccine for young adults
October 07, 2021 02:19 AM PDT| By Tripti JoshiHighlights Moderna’s COVID-19 vaccine suspended in some counties for younger adults due to some rare side effects. Sweden, Norway, and Denmark paused Moderna’s COVID-19 vaccine and urged younger adults to take Pfizer/BioNTech .....
Hong Kong shares lead the Asia Pacific rally
October 07, 2021 12:13 AM PDT| By Furquan MoharkanThe rally in equities of Asia Pacific region on Thursday was led by shares in Hong Kong – a geographical sub-region that has seen its markets get battered this year despite a global rally. The Hong Kong benchmark, Hang Seng index, was up 2.1.....
China, Taiwan relationship at worst in last four decades: Taiwan
October 07, 2021 12:09 AM PDT| By SamtaHighlights China-Taiwan geopolitical tensions have dominated the headlines in the recent days. The cold war like rhetoric can worsen racism against Asian Australians. China sees Taiwan as the part of its territory, but Taiwan sees itself as a.....
France to redefine relationship with Australia
October 06, 2021 10:09 PM PDT| By SamtaHighlights France is sending its ambassador back to Canberra as it tries to redefine future relations with Australia. French Foreign Minister said that this step will end the programme for the future submarines. Paris had entirely reviewed it.....
How does Ripple payment work?
October 06, 2021 09:57 PM PDT| By Jasmine AnandHighlights Ripple, which is both crypto and a payment method, is much sought-after by larger financial organisations for settling their cross-border payments. Its transaction fees are very small when compared to banks and other cryptos, thus ma.....
Qantas performs longest ever flight of over 17 hours
October 06, 2021 07:48 PM PDT| By SamtaHighlights Qantas successfully performed their longest-ever commercial flight of over 17 hours. QF14 flew entirely in the daylight experiencing average headwinds of up to 35 kilometers per hour. This was Qantas’s longest ever non-stop fl.....
US stocks edge higher after weak start in early trade
October 06, 2021 02:50 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, October 6, as stocks recovered following a weak start to the trading day and bullish sentiments rose after lawmakers sealed a debt-ceiling deal. The S&P 500 was up 0.41% to 4,363.55. The Dow Jones...
Five technology trends defining the US market
October 06, 2021 12:12 PM PDT| By Sanjeeb BaruahHighlights More than 760 technology companies are listed on the top three US stock exchanges. Technology plays a key role in the evolution of products, businesses, and markets. Technologies like Blockchain, IoT, AI, Cybersecurity a.....
Crude futures hit three-year high; what’s driving the rally?
October 06, 2021 12:48 AM PDT| By Furquan MoharkanThe prices of crude oil in the international markets have surged by a whopping 27% in the past one and a half months as the world continues to face the energy crunch. The December 2021 Futures of benchmark crude were trading at US$83 a barrel, up .....
What is a DApp platform? Is it secure to use?
October 05, 2021 11:46 PM PDT| By Jasmine AnandHighlights Decentralised applications, popularly known as DApps, are innovative open-source, P2P network, allowing developers to create online tools, which are of the interest to businesses. These new-age software ecosystems are both secu.....
World View to charge US$68,585 for Epic Balloon Rides to the space.
October 05, 2021 09:58 PM PDT| By SamtaHighlights World View Enterprises is developing a balloon-based system to carry people to the stratosphere. Passengers will float above the stratosphere on Spaceship Neptune. company is planning to charge US$68,585 per person and is currently.....
US stocks edge higher as big tech firms reap gains
October 05, 2021 02:54 PM PDT| By Sanjeeb BaruahBenchmark US indices bounced back strong to close higher on Tuesday, October 5, boosted by robust gains in the technology sector. Economy-linked stocks also saw significant gains. The S&P 500 was up 1.05% to 4,345.72. The Dow Jones rose 0.92% to...
Facebook an 'urgent threat' to the US: Whistleblower tells lawmakers
October 05, 2021 12:00 PM PDT| By Sanjeeb BaruahIn a no-holds-barred testimony before a Senate subcommittee on Tuesday, a former Facebook employee blasted her previous employer over its lack of moral conscience, transparency, and secretive algorithm systems that have harmed more than doing good......
Evergrande contagion spreads: Another Chinese developer defaults
October 05, 2021 02:08 AM PDT| By Furquan MoharkanHighlights The China Evergrande fiasco seems to be spreading. Chinese developers Fantasia Holdings and Sinic Holdings are in soup over their strained cash flow situations. Fantasia has total liabilities of CNY82.9 billion. The stress eman.....