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Growing Safety Concerns around Pfizer-BioNTech’s Vaccine; here’s what you need to know
January 18, 2021 01:43 AM GMT| By Team Kalkine MediaThe COVID-19 vaccine, jointly developed by Pfizer Inc (NYSE:PFE) and BioNTech SE’s (Nasdaq:BNTX), has come under the spotlight with doubts being raised concerning the vaccine’s safety profile. The mRNA-based vaccine candidate, BNT162b2.....
Moonpig To Launch Public Issue in London Worth £1 Billion
January 17, 2021 12:52 AM GMT| By Kunal SawhneySummary Digital card company Moonpig all set to go public in London and has revealed plans for a £1-billion London IPO The company recorded huge sales during the lockdown and recorded a revenue of £173 million in the year to April 2.....
UK Supreme Court Rules in Favour of Small Businesses in Insurance Claims
January 16, 2021 08:53 PM GMT| By Team Kalkine MediaThe Supreme Court of the UK on Friday provided relief to tens of thousands of small businesses that were forced to close during the Covid-19 pandemic by ruling in their favour in the fight over business interruption insurance claims settlement. Thi.....
Will the World be Able to Put The Kibosh on COVID-19 in 2021?
January 16, 2021 01:55 PM GMT| By Kunal SawhneyAt the end of 2019, a devastating monster virus sneaked into our lives. First, it gripped the emerging global superpower China, and before any country could sense the danger, the virus had spread across the world. Extensive .....
Why are non-auto majors hopping onto autonomous car bandwagon?
January 16, 2021 01:48 PM GMT| By Team Kalkine MediaYou order a ride from Uber, and within a few minutes, a car arrives to pick you up. Once you hop in, you are surprised to see there is no one at the driver’s seat. Yes, welcome to the world of autonomous or self-driving cars. Many believe th.....
Corporates rush to grab a bite of the Bitcoin rally
January 16, 2021 01:32 PM GMT| By Hina ChowdharyBitcoin, the cryptocurrency which started trading in 2009, has sparked off a new trend of blockchain technology and is now being implemented across industries from banking to diamonds. Bitcoin Daily Price Quote 5-year as on 15 January 2021 Chart.....
The Who’s Who of Joe Biden’s US Cabinet
January 16, 2021 01:29 PM GMT| By Team Kalkine MediaUnited States President-elect Joe Biden is set to take over the White House next week and his nominated list cabinet members are at the ready. With Democrats having a majority in the Senate, Biden is likely to get the people he has nomin...
Brexit aftermath: Supply chain disruptions make businesses face delays
January 15, 2021 07:28 PM GMT| By Kunal SawhneyThe United Kingdom and the European Union agreed upon the free trade Brexit deal on 24 December marking the end of 47 year association. The transition period lasted for a year and ended on 31 December 2020, leaving very little time for the companies...
No drop in workers’ rights after Brexit, says Business Secretary Kwarteng
January 15, 2021 07:19 PM GMT| By Kunal SawhneyWith a slew of modifications that are underway after the completion of Brexit transition deadline, the workers employed in the United Kingdom are likely to see some meaningful change in the near future. The discourse around workers’ p.....
25th Amendment Explained: What is it and How does it work?
January 15, 2021 05:09 PM GMT| By Team Kalkine MediaMany unpleasant events have unfolded since the most talked-about 2020 US presidential election outcomes. But the recent mayhem at the Capitol Hill in Washington stunned the world. The march of Trump's supporters into the Capitol Hi.....
UK and US Equities Traded Lower; Aveva Group Stock Surged by 6.97%
January 15, 2021 05:08 PM GMT| By Kunal SawhneyUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 39.28 points or 1.03 per cent lower at 3,756.26, Dow Jones Industrial Average Index contracted by 321.48 points or 1.04 per cent lower at 30,6...
The rise of Robinhood in 2020 amid controversies
January 15, 2021 04:58 PM GMT| By Team Kalkine MediaThe year 2020 had been volatile for the stock market. The share market was gripped by fear and massive uncertainty throughout the year, adding to the market volatility. New or first-time traders saw a lot of opportunities in such a market c.....
UK’s economy shrank by 2.6 per cent in November
January 15, 2021 10:42 AM GMT| By Hina ChowdharyThe gross domestic product of Britain fell by 2.6 per cent for November last year, according to latest data from the Office of National Statistics. This is the first step towards a double dip recession for the UK economy. The month’s .....
Gunvor Clinches Big Oil Deal with Russia’s Rosneft
January 15, 2021 10:39 AM GMT| By Hina ChowdharyGunvor, one of the world's largest independent commodities trading houses, has won a big tender for the first time in eight years from Russia’s largest oil firm Rosneft. The Switzerland-based trading house is expected to carry out large volum.....
Pimlico Plumbers will give out 'no jab, no job' contracts to workers
January 15, 2021 10:27 AM GMT| By Team Kalkine MediaPimlico Plumbers said it would soon introduce job contracts where it will include “no jab, no job” policy. Charlie Mullins, Pimlico’s founder, said the company is drafting new contracts with its lawyers wh...
Boohoo (LON: BOO) sales surges in Christmas season
January 15, 2021 10:27 AM GMT| By Team Kalkine MediaBoohoo Group Plc’s (LON: BOO) sales surged by at least 40 per cent in the period preceding Christmas as shoppers ignored the company’s link with poor working condition charges in factories in the UK. Boohoo&rsqu...
Lockdown prompt surge in sales at Lidl, Just Eat
January 15, 2021 10:24 AM GMT| By Team Kalkine MediaFood courier company Just Eat Takeaway.Com N.V. (LON: JET) and retail chain Lidl have posted a surge in sales in the final weeks of 2020. Due to the lockdown restrictions, delivery orders surged by almost 400 per cent in Q4...
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FTSE 100 likely to open lower as investors turn skeptical over recovery
January 15, 2021 08:51 AM GMT| By Team Kalkine MediaUK stock markets are likely to open lower on Friday, 15 January, as investors’ confidence has been once again fazed by the concerns over the global economic recovery. Most of the European nations are proceeding ahead with tighter restrictions w...
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Sunak under pressure to extend pandemic support measures
January 15, 2021 08:30 AM GMT| By Team Kalkine MediaRishi Sunak, chancellor, British exchequer has come under pressure from various lobby groups to offer more Covid support to the UK businesses. Government figures are likely to confirm that the nation is under a double-dip recession with many busine.....
How Chinese Ban on Australian Coal Reshuffled The Global Coal Trade?
January 15, 2021 06:20 AM GMT| By Kunal SawhneyThe Australian mining sector accounts for around 10% of the country’s GDP and makes up for over 50% of the nation's exports. Asian countries including China, Japan and South Korea are the major importers of Australian resources. The Oceanian.....
