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Chinese suspension of Didi app weighs on APAC markets
July 04, 2021 10:26 PM PDT| By Furquan MoharkanThe equity markets in Asia Pacific (APAC) region started the week on a mixed note as investors eagerly awaited the outcome of the OPEC+ meeting. The markets in APAC were also hit after China suspended Softbank-backed Didi app from play stores allegin...
India’s youngest telco is making it big globally
July 04, 2021 06:57 PM PDT| By Furquan MoharkanIn mid-2016, the Indian telecom sector was taken by storm as Reliance Industries Ltd (RIL) had launched its telecom service nationwide, and the charges were cheap, rather very cheap. To add to it, the company, using its well-established infrastructur...
How really safe is your data? REvil latest attack raises concerns
July 04, 2021 04:36 PM PDT| By RomaSummary REvil back at it again, targeted Miami Based IT Company this time Several users of the software under attack at the risk of losing data FBI and US Cybersecurity working closely to bust the miscreants The recently increased frequen.....
Semiconductor chips shortages impact June’s sales figure of Ford Motors
July 04, 2021 01:16 AM PDT| By Nitish KumarSummary Ford Motor reported sales of 475,327 vehicles during the June quarter, up by 9.6% from PCP. The U.S automaker had set a sales target of 519,007 vehicles for the second quarter. The global semiconductor chip shortage led to significant .....
‘Fire in the Ocean’- a major fire breakout in GOM after an underwater pipeline leak
July 04, 2021 01:05 AM PDT| By Nitish KumarSummary An ‘eye of fire’ video goes viral on social media, arouses creativity among the memers who spewed hundreds of memes within a few hours. Gas leakage in the underwater pipeline of PEMEX leads to a massive fire on the ocean wat.....
After Colonial, Another U.S Tech giant hit by ransomware; Kaseya forced to shut
July 03, 2021 10:50 PM PDT| By Nitish KumarSummary On Saturday, the world witnessed one of the largest cyber-attacks on a U.S tech service provider. The U.S service provider Kaseya was hit by ransomware which infected the desktop management system of the company. Kaseya in its statemen.....
Emotional health is paramount to your overall happiness: Here’s why
July 03, 2021 07:15 PM PDT| By Team Kalkine MediaSummary Symptoms of emotional health crisis may include sleep disorders, avoidance of friends and family, conflicts in relationships, substance abuse, and eating disorders. Thus, mental illness is closely tied to an individual’s emotional.....
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Why UN thinks blockchain technology can help fight climate change?
July 03, 2021 06:10 PM PDT| By Team Kalkine MediaSummary Recognizing its immense disruptive potential and benefits to society in a recent article, the UN revealed how blockchain helped the organization fast-track delivery of emergency funds. Blockchain can expedite climate action in three way.....
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DiDi stock dives 5% after China regulators open cybersecurity probe
July 02, 2021 06:19 PM PDT| By Team Kalkine MediaSummary DiDi made its US debut on the New York Stock Exchange under the symbol DIDI on Wednesday. The stock opened 11% down after the Chinese probe announcement on Friday. The company gathers user data on trips, locations, and audio records du.....
US stocks close higher on June employment data
July 02, 2021 02:28 PM PDT| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 2, as investor sentiments were boosted by the Labor Department’s June employment data. The S&P 500 was up 0.75% to 4,352.34. The Dow Jones gained 0.44% to 34,786...
How is AI lifting mental well- being?
July 02, 2021 07:15 AM PDT| By Team Kalkine MediaSummary Artificial Intelligence has become the buzzword in all facets of life. Its use in the fitness space is increasing day by day. It is not just helping track physical fitness but uses for mental well-being are also getting explored....
Does Apple pay dividends?
July 02, 2021 07:10 AM PDT| By Sonal SinhaDividends are the cash payment that a Company provides its shareholders from its earnings during a particular period. Companies that tend to reinvest their profits in new projects or acquisitions do not offer dividend payments. In general, establi.....
What is Nano? Is it better than other cryptocurrencies?
July 01, 2021 09:52 PM PDT| By Furquan MoharkanLast year, the world was talking about a V-shaped recovery. That was in the case of economy. This year, we saw an inverse V-shaped movement in the cryptocurrency market. The cryptocurrency market has been very volatile this year. From soaring to a p...
Does Amazon pay dividends?
July 01, 2021 08:48 PM PDT| By AayushWhile selecting a dividend paying stock, one of the key measures is the sustainability of its dividend payout. When a part of a company's net profits is distributed to shareholders as dividends gets too high for a long period of time, it could be a.....
US stocks close higher on positive earnings outlook, economic data
July 01, 2021 03:29 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 1, as a strong economic recovery increased the prospect of a robust earnings season of big companies in the coming weeks. The S&P 500 was up 0.52% to 4,319.94. The Dow Jones gained 0.38% to 34...
Data Is New Oil. Here is why.
June 30, 2021 11:06 PM PDT| By Furquan MoharkanIt is said that “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” It was famously first coined by Clive Humby, UK Mathematician, and architect of Tesco's Clubcard. Data seems to be most sought...
What is being expected from Air NZ’s FY22 earnings amid the on-and-off ‘travel bubble’?
June 30, 2021 10:10 PM PDT| By RomaSummary Trans-Tasman bubble halt extended till 4 July 2021. Air New Zealand expected earnings reflective of the current uncertainties. Cargo and domestic business contributing to the airline’s recovery. While COVID-19 had broken the.....
Wimbledon 2021: We’re mostly at fag end of the men’s tennis’ greatest era!!
June 30, 2021 08:08 PM PDT| By Furquan MoharkanRoger Federer Playing at Central Court of All England Club, Wimbledon, UK. Wimbledon, also known as The Championship, has started. Widely regarded as the most prestigious tennis tournament, The Championship, is the oldest tennis tournament. I...
US markets end mixed; energy, industrial stocks lead
June 30, 2021 02:47 PM PDT| By Sanjeeb BaruahAll major US stock markets closed mixed on Wednesday, the last day of the month, as energy, industrials, and consumer staple segments saw modest gains amid a positive economic outlook. The S&P 500 was up 0.13% to 4,297.50. The Dow Jones gained 0...
APAC markets beat morning blues to trade in green
June 30, 2021 12:05 AM PDT| By Furquan MoharkanThe equity markets across the Asia-Pacific (APAC) region have pared the morning losses as both China and Japan markets are trading in green. Despite trading in the negative territory in the morning trade, shares in Mainland China closed lower. The S...
