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Market updates
Risk-on sentiment led the UK equities edge higher, and Reach PLC rose 17.2%
September 28, 2020 12:00 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 51.26 points or 1.55 per cent higher at 3,349.72, Dow Jones Industrial Average Index expanded by 489.77 points or 1.80 per cent higher at 27...
Sunak extends reduced VAT for hospitality sector till March 2021
September 27, 2020 03:48 AM AEST| By Team Kalkine MediaSummary The chancellor Rishi Sunak extended the period for reduced VAT from 20 to 5 per cent for the hospitality and tourism sectors until end-March 2021. The measure is likely to protect around 2.4 million jobs in the sector. The VAT cut ext.....
Job Market Cheers With New Vacancies At The Highest Level Since Lockdown
September 27, 2020 12:02 AM AEST| By Team Kalkine MediaThe jobs recovery tracker from the Recruitment & Employment Confederation (REC) for the week between 14 and 20 September 2020 showed highest number of new job postings since the beginning of March 2020. There were approximately 129,000 new job .....
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Why Sunak’s Jobs Support Scheme Is Not Enough For Hospitality, Retail, And Entertainment Sectors?
September 25, 2020 10:58 PM AEST| By Team Kalkine MediaSummary The sectors hit hardest by the coronavirus pandemic face uncertainty over their future and say that the Jobs Support Scheme is not enough for them Hospitality, retail, and entertainment, among others, who have workers on zero-hours cont.....
FTSE-250 Index Accelerated by 1.44% at Close of Trade; William Hill Share Price up by 43.47%
September 25, 2020 01:15 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 15.52 points or 0.48 per cent higher at 3,262.11, Dow Jones Industrial Average Index expanded by 58.30 points or 0.22 per cent higher at 26,...
UK and European Equities Closed in Red; Pearson Share Price Edged Higher by 6.22%
September 24, 2020 04:15 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 15.16 points or 0.47 per cent higher at 3,252.08, Dow Jones Industrial Average Index expanded by 83.51 points or 0.31 per cent higher at 26,...
Top Firms Urge Governments To Support Their Efforts On Green Operations
September 23, 2020 06:03 AM AEST| By Team Kalkine MediaSummary Around 560 leading global companies have requested the governments to act on reversing the fast destruction of nature and fight against climate change. Many companies said that the policy measures by the governments would strengthen the.....
FTSE-100 Index rebounded closed 1.20% higher; Diploma was the top stock up 26.94%
September 23, 2020 03:06 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 26.70 points or 0.81 per cent lower at 3,288.87, Dow Jones Industrial Average Index contracted by 112.24 points or 0.41 per cent lower at 27,1...
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FTSE-100 Index Surged by 0.43%; Kingfisher Share Price up 9.90%
September 22, 2020 11:11 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 10.27 points or 0.31 per cent higher at 3,291.33, Dow Jones Industrial Average Index contracted by 27.97 points or 0.10 per cent lowe...
Airbus and Shell Step Up Efforts On Their Go-Green Strategy
September 22, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Airbus unveiled three types of aircraft designs under its ZEROe strategy: turbofan, conventional turboprop, and a futuristic blended body. British oil and gas major Royal Dutch shell has announced that it is looking at cutting up to 40 .....
UK Retail Sales Rose Marginally In August 2020
September 21, 2020 11:20 PM AEST| By Team Kalkine MediaSummary There was an increase in the monthly growth rate for volume sales and value sales in August 2020 by 0.8 per cent and 0.7 per cent A sharp drop in total sales at minus 85.7 per cent was recorded for the textile, clothing, and footwear st.....
FTSE-100 Index Traded in Red due to Lockdown Fears
September 21, 2020 11:11 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 64.51 points or 1.94 per cent lower at 3,254.96, Dow Jones Industrial Average Index contracted by 762.09 points or 2.76 per cent lower at 26,8...
Services of NatWest And RBS Interrupted By Outages
September 19, 2020 07:09 AM AEST| By Team Kalkine MediaSummary 16 September 2020 was a bad day for NatWest and Royal Bank of Scotland customers The impacted customers took to twitter handle to complain about their struggle with their online accounts Some of them were unable to log in, make payment.....
Technology sector traded in green; Airtel Africa share price surged by 9.44%.
September 18, 2020 02:01 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 44.63 points or 1.33 per cent lower at 3,312.38, Dow Jones Industrial Average Index contracted by 285.79 points or 1.02 per cent lower at 27,6...
High Court rules in favour of policyholders for business interruption case
September 18, 2020 05:52 AM AEST| By Team Kalkine MediaSummary In the business interruption case, the High Court ruled in policyholders’ favour. The Court directed the insurers to pay the businesses that were forced to close because of the coronavirus pandemic. The FCA brought a test case to.....
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How the UK and European Markets Performed Lately; Kier Group Share Price up 12.05%
September 17, 2020 11:11 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 31.99 points or 0.94 per cent lower at 3,353.50, Dow Jones Industrial Average Index contracted by 104.05 points or 0.37 per cent lower at 27,9...
Hitachi Ends Operations In UK’s Nuclear Project
September 16, 2020 11:20 PM AEST| By Hina ChowdharySummary Hitachi ends business operations in Britain’s horizon project to build a £16 billion nuclear power plant in Wales. The scrapping of project would hurt thousands of construction jobs and beat Britain’s aim of becoming a.....
Consumer Cyclicals Sector Ended in Green; Energean Share Price up by 20.31%
September 16, 2020 11:11 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 14.30 points or 0.42 per cent higher at 3,415.50, Dow Jones Industrial Average Index expanded by 213.17 points or 0.76 per cent higher at 28...
Bulb Energy To Raise Price For Electricity
September 16, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Bulb Energy plans to raise the price for its electricity supply to the British consumers. The company offers 100 per cent renewable electricity and gas to its members. It would charge an additional £53 per year to its consum...
FTSE-100 Index Expanded by 1.32% at Close of Trade; Ocado Stock up by 10.74%
September 15, 2020 11:00 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 29.16 points or 0.86 per cent higher at 3,412.70, Dow Jones Industrial Average Index expanded by 100.66 points or 0.36 per cent higher at 28...
AI on the Rise: A Look at Top AI Companies and Their Stocks