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Phillips 66 to snap up a 16% stake in Australia’s NOVONIX as EV market heats up
August 09, 2021 09:56 PM PDT| By Arpit VermaSummary Phillips 66 is ready to acquire a 16% stake in Australia-based NOVONIX Limited in a US$150 million deal. Phillips 66 is engaged in the manufacturing of specialty coke while Novonix is a leading synthetic graphite producer. The strategi.....
Where does the US healthcare system stand among the 11 wealthiest nations?
August 09, 2021 09:47 PM PDT| By Tripti JoshiSummary According to the Commonwealth Fund report, Norway, the Netherlands, and Australia have the best healthcare system performance. The US healthcare system stands last among the group despite spending a significantly higher share of the gro.....
Crude oil marks worst run in four months as COVID-19 hits demand outlook
August 09, 2021 05:50 PM PDT| By Furquan MoharkanCrude oil prices are witnessing their worst run in about four months as concerns about the softened demand have resurfaced in the global oil market. The prices of Brent Crude Oil Futures for October 2021 have crashed 9.3% in the current month as the...
US stocks close flat on oil slide, covid fears
August 09, 2021 02:42 PM PDT| By Sanjeeb BaruahBenchmark US indices closed flat on Monday, August 9, as global oil prices tumbled amid rising delta virus concerns, deterring investors from exploring opportunities in the stock market. The S&P 500 fell 0.09% to 4,432.35. The Dow Jones declined...
America’s richest self-made women list welcomes 15 newcomers
August 09, 2021 01:38 AM PDT| By Daniel Paul JohnsSummary America’s richest women were given a boost by a booming stock market as well as an influx of IPOs which lifted the combined wealth to US$118 billion – a jump of 18%. ABC Supply co-founder Diane Hendricks tops the list of For.....
Five countries that suffered deadliest COVID-19 onslaughts
August 09, 2021 12:31 AM PDT| By Furquan MoharkanThe third wave of COVID-19 has started gripping the world. The end of the pandemic seems like a distant mirage. Many have become fearful and economies are suffering again. At this point in time, when people are concerned about the rising daily numbe...
APAC markets rise as China, Hong Kong shares rally
August 08, 2021 10:52 PM PDT| By Furquan MoharkanThe equity markets across the Asia Pacific region surged on Monday morning, with indexes in Australia, Hong Kong and the Chinese mainland making gains. The gains in the region were led by the Chinese and Hong Kong markets. Chinese mainland shares w...
Larry Page’s New Zealand residency raises questions
August 07, 2021 10:21 PM PDT| By AayushSummary Larry Page has been granted the citizenship of New Zealand after entering the country even when its borders were closed due to the pandemic. He had applied under the “Investor Plus” category, requiring him to invest NZ.....
Berkshire Hathaway shows sign of recovery in its Q2 filings
August 07, 2021 08:18 PM PDT| By AayushSummary Berkshire Hathaway’s operating income for the second quarter shot up by 21% to US$6.69 billion. The conglomerate repurchased a massive US$6 billion worth of its own stock in the second quarter, totalling to US$12.6 billion i.....
What is a flexitarian diet and should you adopt it?
August 07, 2021 07:55 AM PDT| By Team Kalkine MediaThe word flexitarian comes from the words flexible and vegetarian. It means having a flexible approach to your diet that combines both vegetarian and non-vegetarian food. Simply put, be vegetarian most of the time but also eat meat once in a while......
How Square went from being a tech start-up to shaking up the BNPL space
August 07, 2021 07:45 AM PDT| By Team Kalkine MediaSummary US digital payment platform Square has done exceptionally well on the NYSE, growing from US$9 a share in late-2015 to US$281.81 on 5 August 2021. Cash App & Point-of-sale system are some of the finest products offered by Square that.....
Digitalisation in healthcare space: A look at the pros and cons
August 07, 2021 07:43 AM PDT| By Tripti JoshiSummary The primary aim of digitalisation in healthcare is to facilitate the circulation of data between patients and healthcare service providers. Digitalisation accelerates workflows, improves security for hospitals and medical staff, and off.....
How to biohack: Will it rule the trends in future?
August 06, 2021 07:15 PM PDT| By Team Kalkine MediaSummary People use biohacking as a tool to stop ageing or get relief from medical conditions. Some enthusiasts go beyond the simple methods and start body augmentation to boost performance. For example, they implant chips in the body to carry o.....
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S&P 500, Dow Jones rise after strong jobs report
August 06, 2021 02:06 PM PDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Industrial Average ticked up after the Labor Department reported strong jobs growth in July, but NASDAQ Composite declined as technology heavyweights wavered. The S&P 500 was up 0.17% to 4,436.52. The Dow Jones gain...
What is fintech and what are its major applications?
August 06, 2021 07:15 AM PDT| By Sonal SinhaSummary Fintech, or financial technology, refers to emerging technologies that help financial institutions enhance the delivery of their services. Fintech supports customers, corporates, and business owners better manage their financial o.....
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Covid vaccine: Why Novavax's approval process is getting delayed
August 06, 2021 03:47 AM PDT| By Kamalika GhoshSummary Novavax Inc announced that it would delay its application for emergency use authorisation to FDA until Q4. The company said it has filled for regulatory authorisation in India, Indonesia and the Philippines. The share prices of t.....
How are APAC markets faring on the last day of the week?
August 06, 2021 01:43 AM PDT| By Furquan MoharkanThe equity markets across the Asia-Pacific (APAC) region, with exception of Japan and Australia, were trading in the red. The negative sentiment in the markets crept as investors awaited the release of a closely watched US jobs report. The private s...
Important steps to safeguard your business from cyber attacks
August 05, 2021 10:55 PM PDT| By Sonal SinhaSummary Despite advancements in technologies, cyber attacks remain a significant concern for governments, businesses, and people. Malware, phishing, denial of service attacks, password cracking, ransomware are the common forms of cyber attack. .....
Why WHO wants rich nations to defer COVID-19 booster jabs
August 05, 2021 08:59 PM PDT| By Team Kalkine MediaThe outbreak of the COVID-19 pandemic saw no bounds. The virus did not discriminate on the basis of gender, religion, or riches. By the same token, our response to the pandemic too needs to be even-handed if we wish to end it. However, the present .....
Biden revs up EV push, sets goal for 2030
August 05, 2021 07:53 PM PDT| By Furquan MoharkanUS President Joe Biden aims at making half of the country’s auto fleet electric by 2030, in a bid to slash US greenhouse gas emissions. Mr Biden signed an executive order on Thursday setting the move into motion. “I’m signing an e...
