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Do G7 nations favour investment in fossil fuels over green energy?
June 12, 2021 03:42 PM BST| By Team Kalkine MediaSummary The 47th G7 summit is scheduled for 11–13 June 2021 in the United Kingdom. Ahead of the anticipated event, Tearfund, the International Institute for Sustainable Development, and the Overseas Development Institute published a repor.....
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British Equities Inched Higher After Encouraging UK GDP Data
June 11, 2021 07:40 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.26 points or 0.08 per cent lower at 4,235.92, Dow Jones Industrial Average Index dipped by 99.90 points or 0.29 per cent lower at 3...
Sanne shares fly 12% to all-time high as it receives 5th takeover proposal
June 11, 2021 06:14 PM BST| By AbhijeetSummary Sanne Group shares rallied more than 12 per cent on Friday Cinven has offered a takeover price of GBX 875 which is 13% premium to its last close Sanne board has decided to enter into prospective discussions with Cinven Shares of S.....
CO2 levels shoot up to record high despite COVID-19
June 11, 2021 04:15 PM BST| By Team Kalkine MediaSummary Recent data indicates the highest CO2 levels in 63 years, with the COVID-19 shutdown proving insignificant to curb greenhouse gas emissions. Carbon dioxide was recorded at 419 parts per million (ppm) in May 2021, up from 417 ppm i.....
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3 Wine Stocks on LSE to Watch for: Naked Wines, Stock Spirits Group, Diageo
June 11, 2021 03:55 PM BST| By Kamalika GhoshSummary With the reopening of the economy and opening of hospitality venues across the UK, the demand for wine is expected to recover soon. Globally, the size of the wine market is growing continuously and expected to reach $444.93 billion by 2.....
What made BT Group, Auto Traders Group and Smith & Nephew stocks to outperform On Thursday?
June 11, 2021 09:26 AM BST| By Suhita PoddarSummary BT Group’s shares rose by over 6 per cent on Thursday after French multinational telecom company Altice acquired a 12.1 per cent stake in the company for £2.2 billion. Auto Trader Group’s shares also jumped by over 6 p.....
FTSE 100 likely to start a tad higher as trade deficit narrows
June 11, 2021 07:58 AM BST| By AbhijeetSummary UK shares are expected to start on a positive footing on Friday Trade deficit narrowed to £0.9 billion in April 2021 from £2 billion in previous month The total exports from the UK grew by 2.5 per cent to £49.36 billi.....
Technology & Healthcare Shares Pushed FTSE 100 Marginally Higher
June 10, 2021 07:05 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 22.65 points or 0.54 per cent higher at 4,242.20, Dow Jones Industrial Average Index surged by 144.11 points or 0.42 per cent higher at 34,5...
Lens On 3 FTSE Real Estate Stocks as UK’s Housing Price Continues to Boom in May
June 10, 2021 05:32 PM BST| By Kamalika GhoshSummary UK’s house-price index in May soared due to continued supply crunch and robust demand. Rics monthly report said that new listings were not sufficient for interested buyers, driving prices up throughout Europe. Prices were already.....
Why FTSE 250 listed Mitie Group Was Trending Today?
June 10, 2021 02:54 PM BST| By Suhita PoddarSummary Outsourcing and energy services company Mitie Group announced its FY 2021 results today, prompting its shares to rise over 8 per cent. MTO reported its group revenue rose to £2.560 billion compared to £2.174 billion in FY202.....
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FTSE 100 gains slightly as BT, AstraZeneca hand hold London equities
June 10, 2021 02:08 PM BST| By AbhijeetSummary FTSE 100 traded marginally higher, led by shares of BT and AstraZeneca BT jumped nearly 6 per cent after Patrick Drahi bought 12 per cent stake AstraZeneca, up 2 per cent, supported the index further UK shares traded flat in.....
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Stocks in Action Today: CMC Markets, Shell, and Ryanair
June 10, 2021 01:15 PM BST| By Kamalika GhoshSummary CMC Market Plc is likely to launch a new wealth platform for the retail segment. Royal Dutch Shell Plc will speed up its energy transition strategy and cut down its carbon emission as per court orders. Ryanair Holdings Plc is facing an.....
How London equities fared ahead of the critical US inflation data?
June 09, 2021 07:21 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.87 points or 0.09 per cent higher at 4,231.13, Dow Jones Industrial Average Index dipped by 55.12 points or 0.16 per cent lower at...
FTSE 100 ends slightly lower as heavyweights recover
June 09, 2021 05:20 PM BST| By AbhijeetUK shares ended marginally lower on Wednesday, 9 May, recovering from the early afternoon losses with the headline FTSE 100 index snapping the two-day gain. The index started in the negative region tracking the subdued Asian peers, except China. I.....
Which UK Companies Pay The Best Dividend?
June 09, 2021 04:38 PM BST| By Suhita PoddarSummary Companies’ have recently resumed making dividend pay outs after they were either paused or outrightly cancelled due to pandemic uncertainty. Dividend investors seek to gain a steady passive income stream by investing in larger com.....
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Why activist investors are targeting Aviva
June 09, 2021 03:30 PM BST| By Kamalika GhoshSummary Europe’s largest activist fund Cevian is pressing Aviva to cut costs and return £5 billion to its shareholders. As per the co-founder of the Cevian, Aviva has been managed inappropriately for many years. Emma Walmsley, .....
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FTSE 100 ended marginally higher; Bitcoin price down 9%
June 08, 2021 07:22 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 0.48 points or 0.01 per cent higher at 4,227.00, Dow Jones Industrial Average Index dipped by 7.62 points or 0.02 per cent lower at 3...
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Hospitality, Travel Operators Demand Breather from Pending Rent During Covid-19
June 08, 2021 02:30 PM BST| By Kamalika GhoshSummary Trade body bosses from various industries like travel, hospitality, and retail have called for a deal with landlords to forgo rent built up amid Covid-19. The business leaders want the Boris Johnson government to convince commercial lan.....
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How 3 Aviation Stocks Reacted to US, UK Airlines Bosses Call for Resumption of Trans-Atlantic Travel
June 08, 2021 02:27 PM BST| By Kamalika GhoshSummary Airlines companies having US-UK operations demanded the lifting of Covid-19-related restrictions to trans-Atlantic travel. The companies have cited higher vaccination rates and low rates of transmission on flights for resuming flights. .....
Earnings of 3 Industrial Stocks in Focus: RWS Holdings, VP Plc, Oxford Instruments
June 08, 2021 10:47 AM BST| By Suhita PoddarSummary RWS Holdings reported a 53 per cent rise in its adjusted pre-tax profits for H1 2021. VP Plc profits before tax, amortisation and exceptional items dropped to £23.3 million from £47.1 million in FY 2020. Oxford Instrument a.....
