News

Pfizer-BioNTech vaccine gets Medsafe’s go-ahead for roll-out in New...

New Zealand’s medicine regulator Medsafe Wednesday gave provisional approval to roll-out the Pfizer/BioNTech vaccine but the date of arrival of...

Buying frenzy cools off; is there any steam left in GameStop short s...

The rally in GameStop has probably come to an end as the share price tanked by a massive 60 per cent on Tuesday and closed the session at US$90. The u...

Myanmar Coup Explained: Here’s What Exactly Happened

The reports of an unfolding military coup in Myanmar have shocked the world. The military has reportedly detained National League for Democracy (NLD)...

Who is replacing Jeff Bezos as Amazon CEO?

Even before coronavirus pandemic, Amazon CEO Jeff Bezos had lowered his participation in the company's day-to-day operations. On Tuesday, Amazon annou...

Why private house approval hit a new high in December 2020

The private sector house approvals surged for the sixth straight month in December and hit a record high amid robust demand due to stimulus measures a...

Oil Giant BP Posts Dismal Annual Performance; Q4 Numbers Improve

 Global oil & gas trading giant British Petroleum (BP) has announced the fourth-quarter and full-year 2020 results. The Company registered a...

Apple Taps Bond Market for the Third Time Amidst Aggressive Share Bu...

Apple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third...

Will tough times force oil majors ExxonMobil and Chevron into a merg...

The crude oil prices' dismal situation during the peak of COVID-19 got the chief executives of two major oil companies ExxonMobil (NYSE:XOM)&nbsp...

US stocks extend gains after GameStop reversal continues

Extending gains to the second straight day, the US stocks jumped on Tuesday after a sharp reversal in GameStop’s stock value continued. The mani...

Wheels Up eyes NYSE with enterprise value of $2.1 billion

  Wheels Up, the New York-headquartered private aviation firm, has been eyeing to list on the New York Stock Exchange (NYSE) with the company no...

3 tech stocks to watch out for in 2021

products and services, giving them profitable quarters during the end of 2020. The U.S. has dominated the global technology industry with some of...

Why these three Retail stocks are worth your attention in 2021

Source: Gorodenkoff, Shutterstock The global retail industry went through a transformation amid the COVID-19 pandemic. Notably, many retailers w...

NZ government decides to remove hazardous material from Mataura ware...

In a significant move and after prolonged discussions, the NZ Government has decided that tonnes of hazardous material lying in Mataura warehouse be m...

GME shares tank after short squeeze; 4Q earnings due 

GameStop shares lost track on Monday in the US, closing nearly 31% lower at $225. In the after-hours trading, the stock took a further plunge of 15.77...

Robinhood raises USD 3.4B to support its burgeoning customer base

Online trading app Robinhood had an exceptional run during the pandemic as it experienced exponential growth last year. To invest in its growing custo...

Silver lining for Wall Street: US shares rebound as silver gets atte...

The US shares rebounded on Monday after retail traders shifted their focus to silver, driving up mining stocks. The quick recovery comes after a steep...

All you need to know about GameStop Mania

Source: mundissima, Shutterstock Summary Video game retailer GameStop experienced a meteoric rise in its share prices following a Reddit fr...

How is the US Oil & Gas space developing post 2020 plunge and EV rev...

Source:pan demin, Shutterstock Summary Oil prices have started recovering from the 2020 crisis on the back of the economic stimulus and the star...

More Borrowing & Disinvestments in India’s 2021 Union Budget

  Canada and the US, which have a significant population of Indian origin, showed a keen interest in India’s annual budget presented in pa...

Is NZ on its way to success yet again? Zero new COVID-19 case record...

NZ Ministry of Health updated on 1 February 2021 that it recorded zero new COVID-19 case. It was further reported that the previously reported single...