News

Alarm Bells in the UK Over new COVID-19 Virus Mutation

Viruses show mutation regularly, and researchers have found multiple mutations among different samples of the novel coronavirus, the virus that causes...

Copper Tops USD 8,000, Commodity Supercycle at Play?

At present, many analysts believe that a copper supercycle is underway and the same has resulted in copper prices hitting a record high. So, what is a...

Cyberpunk 2077 removed from Sony’s PlayStation Store, online buyers...

Sony Interactive Entertainment (SIE) has removed the much-anticipated Cyberpunk 2077 game from the PlayStation Store. The company is now offering refu...

Microsoft’s plan of in-house chip deals a heavy blow on Intel’s stoc...

The shares of Intel dropped significantly over 6% by the market close on 18 December 2020.  The technology industry and stock market participants...

NZ online shopping on a record high, would the uptrend continue?

With the COVID-19 crisis engulfing the entire world, people have moved towards different ways of shopping that do not require them to leave the safety...

Did the COVID-19 wage subsidy fail to fulfil its desired purpose?

Nearly $14 billion was paid out under NZ’s wage subsidy scheme that supported millions of jobs around the country during  lockdown when bus...

FDA greenlights Moderna’s COVID-19 vaccine

For a world striving to emerge out of COVID-19 gloom, the light at the end of the tunnel just got brighter. Adding to the hope for the future, another...

Tesla Share Price at Record high, EV Leader Enters S&P 500 with a ba...

Tesla is breaking all records with the stock contouring another record high of USD 695.00 a share yesterday. The EV giant is now all set to see its in...

US banks can now buy back shares post green signal from Fed

Share repurchases or share buybacks are heavily preferred by US companies as a part of shareholder returns. Federal Reserve has given a green signal o...

COVID-19 blues hit Coca Cola, thousands to lose jobs

Coca Cola has sprung to limelight after announcing its plan to lay off 2,200 workers around the globe. The Company had to take this step as a part of...

Crude at Crossroads After Surpassing USD 50 Hurdle

Crude oil price rally has stalled post surpassing the 9-month high with the Brent crude oil futures reaching a high of USD 51.90 per barrel (intraday...

FCA Calls on Investors to Pull Out Their Money from Unregistered Cry...

British financial regulator Financial Conduct Authority (FCA) is expected to go hard on unregistered crypto-asset firms. The FCA has urged the investo...

Coinbase Files For IPO In First For Cryptocurrency Exchange

Cryptocurrency exchange, Coinbase Inc, announced on December 17 that it has secretly filed for a public offering on the U.S. Securities and Exchange C...

NZ Beef Cattle persists to rise, Dairy reflects Downtrend

Agricultural production survey in its provisional figures has shown that beef cattle has grown by 2 per cent, to 4 million in 2020, according to June...

BarkBox set to go public via $1.6M SPAC merger

BarkBox, the start-up company that became famous for its monthly subscription service for dogs, has announced a significant US$1.6 billion merger with...

Ten Republican US states drag Google to court for its monopoly over...

Ten attorneys general in the US opened another antitrust lawsuit against the search engine giant Google on Thursday. The Republican-led group of atto...

Robinhood Again Accused of Violating Securities Laws, this Time for...

Recently, Robinhood Markets, the California-based financial services entity has been accused of violating securities laws by aggressively marketing it...

Bitcoin surged to an all-time high of US$23,700, High traffic crashe...

On 16 December 2020, Bitcoin rose to the record high of US$21,569, surpassing the much-awaited level of US$20,000 for the first time in its history. H...

Climate Change Goal Discussed at ANZ AGM, Transition Planning Disclo...

Australian and New Zealand Banking Group Limited (ASX:ANZ) has finally concluded its 2020 annual general meeting with 28.74 per cent shareholders voti...

5G and Blockchain: Paving Way For Crypto Mining

cy mining.     In 2020, the world witnessed bitcoin breach unprecedented levels. The cryptocurrency crossed US$ 23000 for the first t...