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 US stocks fall after Fed’s commentary; Dow slips 700 points

US stocks fall after Fed’s commentary; Dow slips 700 points

January 27, 2021 09:59 PM GMT| By Team Kalkine Media

The US benchmark equity indices slipped steeply on Wednesday as the investors reacted to the Federal Reserve’s January monetary policy commentary and weak earnings. The Federal Reserve kept the interest rates unchanged at near-zero. Fed said .....

 UK and US Equities Inched Lower; Shares of Pearson Zoomed by 13.97%

UK and US Equities Inched Lower; Shares of Pearson Zoomed by 13.97%

January 27, 2021 07:52 PM GMT| By Hina Chowdhary

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 43.32 points or 1.13 per cent lower at 3,806.30, Dow Jones Industrial Average Index contracted by 330.83 points or 1.07 per cent lower at 30,6...

 Brexit rules prompt Amazon to restrict alcohol sale in Northern Ireland: Report

Brexit rules prompt Amazon to restrict alcohol sale in Northern Ireland: Report

January 27, 2021 03:18 PM GMT| By Kunal Sawhney

  UK-based broadcaster ITV PLC (LON: ITV) reported that US multinational company Amazon has stopped the sale of beers, wines, and spirits in Northern Ireland because of the new Brexi.....

 Schroder UK Public Private Trust Plc (LON: SUPP) signs an agreement to sell a basket of seven assets to Rosetta Capital.

Schroder UK Public Private Trust Plc (LON: SUPP) signs an agreement to sell a basket of seven assets to Rosetta Capital.

January 27, 2021 02:23 PM GMT| By Team Kalkine Media

Schroder UK Public Private Trust Plc (LON: SUPP) signs an agreement to sell a basket of seven assets to Rosetta Capital....

 Diurnal Group plc (LON: DNL) enters an exclusive licence agreement with Citrine Medicine, Inc. for Alkindi®.

Diurnal Group plc (LON: DNL) enters an exclusive licence agreement with Citrine Medicine, Inc. for Alkindi®.

January 27, 2021 02:23 PM GMT| By Team Kalkine Media

Diurnal Group plc (LON: DNL) enters an exclusive licence agreement with Citrine Medicine, Inc. for Alkindi®....

 LondonMetric Property Plc (LON: LMP) has acquired two urban logistics warehouses in London and Redditch.

LondonMetric Property Plc (LON: LMP) has acquired two urban logistics warehouses in London and Redditch.

January 27, 2021 02:22 PM GMT| By Team Kalkine Media

LondonMetric Property Plc (LON: LMP) has acquired two urban logistics warehouses in London and Redditch....

 Fresnillo Plc (LON: FRES) slumps over 11% as full-year attributable gold production decline by 12.1%.

Fresnillo Plc (LON: FRES) slumps over 11% as full-year attributable gold production decline by 12.1%.

January 27, 2021 02:21 PM GMT| By Team Kalkine Media

Fresnillo Plc (LON: FRES) slumps over 11% as full-year attributable gold production decline by 12.1%....

 Pearson Plc (LON: PSON) surges around 12%, company’s Q4 Sales and profit were in line with expectations.

Pearson Plc (LON: PSON) surges around 12%, company’s Q4 Sales and profit were in line with expectations.

January 27, 2021 02:20 PM GMT| By Team Kalkine Media

Pearson Plc (LON: PSON) surges around 12%, company’s Q4 Sales and profit were in line with expectations....

 Major LSE indices trade in red, FTSE 100 down by over 1.2%

Major LSE indices trade in red, FTSE 100 down by over 1.2%

January 27, 2021 02:20 PM GMT| By Team Kalkine Media

Major LSE indices trade in red, FTSE 100 down by over 1.2%...

 Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze

Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze

January 27, 2021 02:17 PM GMT| By Kunal Sawhney

President Joe Biden’s order to halt new oil and gas leasing on federal land will have a rippling effect on the industry but it is part of his larger plan to make the US an absolute green economy by 2030. The president has signed an executive.....

 AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage with EU

AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage with EU

January 27, 2021 12:07 PM GMT| By Team Kalkine Media

  British-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, the EU has been threatening the company to stop the export of its coronavirus vaccine to other coun.....

 UK, Switzerland To Bolster Ties with A Financial Service Deal

UK, Switzerland To Bolster Ties with A Financial Service Deal

January 27, 2021 09:24 AM GMT| By Hina Chowdhary

Chancellor of the Exchequer Rishi Sunak is expected to hold talks with the Switzerland counterpart regarding the potential trade deal that is expected to bolster ties between the two countries in the financial services arena. As Britain quit the E.....

 Can Ant Group revive its history-making IPO?

Can Ant Group revive its history-making IPO?

January 27, 2021 08:23 AM GMT| By Team Kalkine Media

Last year, retail investors got a jolt when Chinese regulatory authorities abruptly suspended the much-awaited Ant Group's IPO, which was expected to be the biggest in history. However, the latest statement by the governor of Chinese central bank .....

 IMF downgrades UK economy’s forecast for 2021 

IMF downgrades UK economy’s forecast for 2021 

January 27, 2021 07:48 AM GMT| By Team Kalkine Media

The International Monetary Fund has suggested that the UK economy will recover at a slower rate this year than what was predicted earlier. In its World Economic Outlook, it revised the nation’s growth forecast from 5.9 per cent.....

 Why are Dalian iron futures following a downward trend?

Why are Dalian iron futures following a downward trend?

January 27, 2021 07:30 AM GMT| By Team Kalkine Media

As President Xi Jinping declared in September that China intends to go carbon-neutral by 2060, the country's steel industry will play a vital role. The sector may shift towards hydrogen-based technology and upgrade its facilities to support the p...

 GameStop shares continue haunting short sellers

GameStop shares continue haunting short sellers

January 27, 2021 05:52 AM GMT| By Hina Chowdhary

GameStop shares rose significantly in the after-hours trading in the US on Tuesday. A market frenzy has broken in the US markets yet again, similar to what we saw with Hertz last year. Millennials and social media groups, especially from Reddit, ha.....

 Tech Titans Shine Despite Pandemic, Post Excellent Quarterly Results

Tech Titans Shine Despite Pandemic, Post Excellent Quarterly Results

January 27, 2021 05:30 AM GMT| By Team Kalkine Media

Mega tech players including Google's parent company Alphabet, Facebook and Microsoft have been ruling the technology and digital space for years. The pandemic has further deepened reliance on their products/services, with people all around the worl.....

 SpaceX Launches Rideshare Mission with Record Number of Satellites

SpaceX Launches Rideshare Mission with Record Number of Satellites

January 27, 2021 03:45 AM GMT| By Kunal Sawhney

California-based SpaceX has set a world record for the largest number of satellites launched into space in a single mission. Calling it a “SmallSat Rideshare” mission, SpaceX launched its Falcon 9 rocket on Sunday, after the initial mis.....

 Why Australia’s consumer prices climbed in December quarter

Why Australia’s consumer prices climbed in December quarter

January 27, 2021 02:47 AM GMT| By Hina Chowdhary

The consumer prices soared 0.9 per cent in the December quarter even as the Australian economy suffered the economic fallout from the COVID-19 pandemic in 2020. In the September quarter, inflation stood at 0.7 per cent.  Image Source: Shutt.....

 Biden beefs up travel restrictions in wake of new virus strains

Biden beefs up travel restrictions in wake of new virus strains

January 27, 2021 01:56 AM GMT| By Team Kalkine Media

United States President Joe Biden is planning to impose a travel ban on most of the non-US citizens entering the country from select places where new virus strains have cropped up. The travel ban is expected to mitigate the spread of the new varian.....

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