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Telefónica Deutschland Holding AG Announces Enhanced Dividend
January 19, 2021 02:55 PM GMT| By Kunal SawhneyTelefónica Deutschland Holding AG (LON: 0QAL) released a strategy update on 19 January and proposed an increased dividend confirming a successful start to the year. Telefónica Deutschland, popularly known as O2, has delivered strong .....
FTSE 100 skids from day’s top, manages to remain positive as GBP supports gains
January 19, 2021 01:54 PM GMT| By Team Kalkine MediaUK stock markets slipped from the day’s high in the wee hours of trading on Tuesday, 19 January, with the benchmark FTSE 100 hovering in the positive territory led by gains in several blue-chip shares. The index started t...
Most Britons Forced to Make Contactless Payments During Coronavirus Crisis
January 19, 2021 12:26 PM GMT| By Team Kalkine MediaAs the pandemic washed up the shores of the UK, more than 30 per cent of the shoppers were discouraged from paying cash and were pushed for adopting a digital mode of payments. However, a significant chunk of the population still relies immensely o.....
UK forms Build Back Better Council for economic revival
January 19, 2021 09:41 AM GMT| By Team Kalkine MediaBritish PM Boris Johnson has launched the Build Back Better Council with the goal of creating jobs, boosting investment, and reviving the economy. The council has brought together 30 business leaders with expertise in&.....
British firms call upon the government to extend financial support
January 19, 2021 08:39 AM GMT| By Team Kalkine MediaThe Confederation of British Industry (CBI), the biggest business group in the UK, has requested the government to extend its stimulus packages in order to support the withering businesses and people being affected by the c.....
Three UK selects TCS for 5G network configuration
January 19, 2021 08:34 AM GMT| By Team Kalkine MediaThree UK, the fourth-largest mobile network operator, has partnered with Tata Consultancy Services (TCS) to help in its ongoing rollout of 5G services. TCS software will be helping the UK's leading mobile network carriers in configuring its new co.....
LSE (LON: LSE) planning to revamp its IPO process
January 19, 2021 08:31 AM GMT| By Team Kalkine MediaThe London Stock Exchange Group (LON: LSE) has asked the government to speed up the floating process on the exchange so that it can align its initial public offerings process with the US and other major stock exchanges. As a new review of the list.....
WHO Chief cautions over inequality amid global COVID-19 vaccine rollout
January 19, 2021 03:43 AM GMT| By Team Kalkine MediaThe head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has blasted the unequal worldwide distribution of COVID-19 vaccine. He stated that it was "not right" that young adults in rich nations were vaccinated ahead of healthcare.....
FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut
January 19, 2021 02:56 AM GMT| By Team Kalkine MediaFiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world. The USD 52 billion deal was finalised after a discussion for over a year. Source © Kalkin.....
FTSE 250 Index Ended Marginally in Green; Crude Oil Prices Traded Lower
January 18, 2021 06:19 PM GMT| By Hina ChowdharyEuropean News: The London and European markets traded in the mixed territory due to the ongoing worries regarding Covid-19 restrictions. The Springboard had reported a drop in the number of shoppers heading to the retail destinations of around 10.9%...
Act Now to Avoid Any Potential Disruption in Businesses: Paul Scully
January 18, 2021 02:24 PM GMT| By Kunal SawhneyBusinesses have to modify their functioning with regard to the new guidelines by the UK government after the completion of the Brexit transition period. The organisations have been duly advised to shift their foundations from the erstwhile .....
FTSE 100 remains range bound as investors stay glued to vaccine roll out
January 18, 2021 02:20 PM GMT| By Kunal SawhneyUK stock markets seem to have stalled on Monday, 18 January, with the FTSE 100 oscillating in a narrow range as investors remain glued to the ongoing vaccine distribution drive. The range bound equity trading session coupled with weaker pound sterlin...
Bitcoin A Currency Reserve? Ex-Canadian PM Stephen Harper Says Yes
January 18, 2021 10:44 PM AEDT| By Kunal SawhneyCan bitcoin, the world’s largest cryptocurrency, become a reserve currency? While many analysts are concerned over the crypto’s volatile nature, former Canadian Prime Minister Stephen Harper claims it is certainly a possibility. While ad...
UK Expands Vaccine Rollout as Global Immunisation Drive Gears Up
January 18, 2021 11:29 AM GMT| By Kunal SawhneyThe UK healthcare administration is all set to widen the ongoing vaccination programme in the next few weeks as the global Covid-19 inoculation drive attains pace following the approval of coronavirus shots developed by various vaccine.....
BT (LON: BT.A) faces lawsuit for overcharging senior citizens
January 18, 2021 10:26 AM GMT| By Team Kalkine MediaBT Group Plc (LON: BT.A) has been dragged to the court for failing to compensate senior citizen customers who were allegedly charged much higher tariffs for landlines for eight years. Telecoms watchdog Ofcom first found out in 2017 that BT had ove.....
G4S (LON: G4SA) takeover bid under lens
January 18, 2021 10:24 AM GMT| By Team Kalkine MediaIn a significant move, US state officials have said that they would minutely look into the G4S Plc (LON: G4SA) takeover bid. The takeover bid of the UK security group has been under scanner after it was reported that working conditions for securit.....
Topshop empire up for sale
January 18, 2021 10:20 AM GMT| By Team Kalkine MediaA group of companies including high street giant Next is believed to in talks to buy Sir Philip Green’s Topshop empire. Arcadia, which collapsed in 2020 will be auctioned. The deadline for final bids has been fixed midnight of Monday, 18 Jan.....
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Trump admin greenlights Land Swap for Resolution Copper Project
January 18, 2021 08:58 AM GMT| By Kunal SawhneyTrump administration is on a mining approval spree and the latest to reap benefit is the Resolution Copper project in the state of Arizona. The outgoing Trump regime has approved a land swap for a copper mine, which is anticipated to boost the domest...
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FTSE 100 likely to open in red as GBP slips vs USD
January 18, 2021 08:08 AM GMT| By Team Kalkine MediaUK stock markets are likely to open on a weaker note on Monday, 18 January, following a largely subdued Asian trade and persisting Covid-19 worries. The Great Britain pound (GBP) slipped marginally against the United States dollar at the interbank fo...
Trump administration halts supplies to Huawei, says Reuters
January 18, 2021 04:35 AM GMT| By Team Kalkine MediaThe Trump administration has informed Huawei suppliers and Intel that is cancelling some permits to sell to the Chinese firm. It further aims to reject several other applications to supply the telecommunication company. The step taken by the Trump.....
