News

What drove Twitter’s Q4 Revenue to Record High?

Social media giant Twitter had an outstanding 2020. The company registered a robust increase in its revenue and average monetizable daily active usage...

Why US Markets Ended Flat For Second Straight Day

Major US stock indices ended lower for the second day in a row on Wednesday as investors appeared to have extended their break after some turbocharged...

How are US Copper Stocks Reacting to the Underlying Commodity Price...

Source:Christian Vinces, Shutterstock Copper futures has climbed the price ladder swiftly with the price now crossing the previous month top of $3.73...

Heineken To Cut 8,000 Jobs as FY20 Net Profit Slumps Nearly 50%

  Amsterdam-based brewing major Heineken NV (AMS: HEIA) on Wednesday announced to cut at least 8,000 jobs as a part of organisation redesign aft...

US Consumer Prices Rise as Gasoline Cost increases

Source: Ksw Photographer, Shutterstock Summary US consumer prices rose by 0.3 percent in January due to rising fuel cost. Besides food and oil,...

US Consumer Sector Hopes for 2021 comeback Amid Dark Covid Cloud

Source: insta_photos, Shutterstock Summary More and more people buying daily essentials directly from stores as restrictions ease Stocks o...

Why is SF Holdings Eager to Acquire Kerry Logistics Network?

Chinese multinational delivery services and logistics company SF Holdings Company (SHE: 002352) has recently expressed its intention to buy a controll...

Elon Musk drops hints on the timing of Starlink IPO

Business tycoon Elon Musk had a blockbuster 2020. His company Tesla, the world's leading electric car maker, broke records when it entered S&P 500...

New Zealand gives final go-ahead to Pfizer-BioNtech’s COVID-19 vacci...

NZ Government gave its formal authorisation to Pfizer COVID-19 vaccine on Wednesday. Chris Hipkins COVID-19 Response Minister stated that Cabinet had...

Is Cryptocurrency hitting the mainstream again?

Cryptocurrency is again filtering into the NZ mainstream news at a regular rate. This is because investors have been flocking to the digital asset whi...

INSIGHTEC’s MR-guided focused ultrasound treatment approved by China...

A global medical technology innovator INSIGHTEC Inc updated the market that the Company has obtained market approval from the National Medical Product...

US Markets End Flat After Early Losses; NASDAQ Gains on Tech, Energy...

S&P 500 and Dow Jones saw several ups and down during the trading session, dragged by the cyclical and utilities sectors, to end flat on Tuesday....

Elon Musk’s Romance With Cryptocurrency

Elon Reeve Musk, the founder and chief executive officer of Tesla Inc (US:TSLA or NASDAQ: TSLA), has been actively tweeting on cryptocurrency since th...

New Zealand to Impose Fundamental changes in its Relationship with M...

Prime Minister Jacinda Ardern made her stance about Myanmar clear at the press conference held post the cabinet session. As revealed by Nanaia Mahuta...

Canadians Line-Up To Invest In Cryptocurrency Market

  After Bitcoin flied to an all-time high, Canadians are actively searching for crypto exchange apps to enter the lucrative cryptocurrency marke...

Huawei Moves Court against US Designation as National Security Threa...

Source:Worchi Zingkhai, Shutterstock Summary Huawei files lawsuit in US court to overturn national security threat designation. Company profits...

RBNZ reinstates lending restrictions to resolve NZ housing crisis

New Zealand’s Central Bank (RBNZ) has finally intervened to find a solution to the housing market crisis. RBNZ decided to reimpose mortgage lend...

Amazon’s green energy initiative: strikes deal to buy over 380MW of...

Online retail giant Amazon (NASDAQ:AMZN) has progressed further on its commitment to make the Company a net-zero carbon emitter by 2040. The Seattle-h...

Tesla jumps on Bitcoin bandwagon, how is the crypto currency looking...

A big shot in the arm for Bitcoin bulls, the world’s biggest automobile company, by market cap, Tesla has invested USD 1.5 billion in Bitcoin....

Will silver repeat the “gold story”?

The silver price rise has been a sensational story so far. The white metal is trading above US$26 per ounce after 13 years. The price rose to nearly 2...