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Economy
Potential Resumption of International Travel in Australia: A Subject of Debate
August 29, 2020 12:00 AM AEST| By Team Kalkine MediaDisrupting the popular trend of domestic and international travel, COVID-19 pandemic brought an unusual misfortune for the Australian travel industry reeling from the virus crisis. While the interstate travel has picked up steam with the opening of.....
Business Confidence Still Negative, More Job Losses In The Pipeline
August 28, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Lloyds Bank’s business barometer rose from -22 to -14 per cent in August 2020 South east of Britain was the only region across the nation showing a positive value of the barometer for the survey period Firms surveyed are expected.....
UK PM To Campaign for Return to Office as Number of Come Back Remains Dismal
August 28, 2020 11:10 PM AEST| By Team Kalkine MediaThe coronavirus pandemic is rapidly changing the way people and governments look at many things. In the ongoing fight against the pandemic, the larger focus of the government now rests at a greater balance between life and livelihoods. After months.....
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What made ETFs a Star Investment Opportunity During COVID-19 Crisis?
August 28, 2020 01:51 PM AEST| By Team Kalkine MediaWhile market volatility caused by COVID-19 offered Exchange Traded Funds (ETFs) with the most critical test since the 2008 Global Financial Crisis, they remarkably proved their resilience during the virus crisis. The pandemic-induced uncertainty an.....
UBS Follows Suit of Other Investment Banks in Downgrading UK’s GDP Forecast For 2020, Remain Firm for A Bounce Back in 2021
August 26, 2020 11:20 PM AEST| By Team Kalkine MediaThe data of British GDP published by the Office of National Statistics (ONS) earlier this month officially confirmed that the economy is now in recession. Registering a decline of 20.4 per cent, the shrinkage was sharper than most observers had exp.....
The "Eat Out to Help Out" May Not Get an Extension, Hospitality to Rely on Early Vaccine Development
August 26, 2020 11:16 PM AEST| By Team Kalkine MediaSummary The scheme which started on 3 August 2020 to help the hospitality industry following the pandemic induced lockdown, has so far seen 64 million meals dished out 84,000 restaurants across the country participated in the scheme, serving ou.....
Are The Prospects Of A No-Deal Brexit Increasing?
August 25, 2020 11:11 PM AEST| By Team Kalkine MediaMichel Barnier, chief negotiator, European Union (EU) is a strong negotiant and has asked the EU states to be thick-skinned with Britain as the Brexit deadline is coming closer. During the seventh round of trade negotiations held between the two p.....
New Zealand Retail Sales Tank in June Quarter- Are we Out of the woods?
August 25, 2020 04:39 PM AEST| By Team Kalkine MediaWith the sudden resurgence of coronavirus cases around 2 weeks before in Auckland, Prime Minister Jacinda Ardern was quick to put 1.7 million residents of the city in lockdown, making companies to shut down and schools to close. On 24 August, Arde.....
British Economy To Rebound In Q3
August 25, 2020 12:26 AM AEST| By Team Kalkine MediaSummary London City forecasters project the UK economy’s growth rate of 14.6 per cent for Q3 2020 Aggregate consumer spending for the first two weeks of August 2020 was 7 per cent higher than observed during the corresponding period a yea.....
NZ Economic Charter: Three Silver Linings in the COVID-19 Cloud
August 24, 2020 06:14 PM AEST| By Team Kalkine MediaWhile second infection wave is under the scanner after 102-days long virus-free streak, the nation seems to be performing fairly well than several other advanced countries, in terms of revival in the economic activity. Dedicated efforts from policy.....
Are negative interest rates being considered for a long haul - ASX 200 Shares to watch?
August 24, 2020 05:14 PM AEST| By Team Kalkine MediaInterest rates are considered as the main lever to adjust monetary policy and maintain balance in the economy. Negative interest rates are an unconventional monetary policy tool and are defined as the price paid to borrow money. If a central bank i.....
Allow Takeaways at alert level 4 - Hospitality businesses, Is it Safe?
August 24, 2020 02:25 PM AEST| By Team Kalkine MediaPrime Minister Jacinda Ardern earlier announced Auckland returning to Alert Level 3 with rest of the country at Alert Level 2. The statement came after four cases of community transmission, with a total of 14 new cases in Auckland had been c.....
Suburbs Lead Recovery in The UK As More And More People Work from Home
August 23, 2020 05:42 PM AEST| By Team Kalkine MediaSummary Fewer office workers coming to offices is leading to slower than expected recovery in cities like London and Manchester Suburban areas like Southall and East Ham have already reported an upturn in terms of consumer spending on clothing .....
UK Government Debt Crosses £2 Trillion
August 22, 2020 11:30 PM AEST| By Team Kalkine MediaAccording to the latest Office for National Statistics (ONS) data, the total debt for British government has crossed £2 trillion in July 2020, rising by £227 billion as compared to July 2019. It is noteworthy that the country’s ec.....
Despite Rise In Job Cuts, Private Sector Output Increased Sharply In Seven Years
August 22, 2020 11:20 PM AEST| By Team Kalkine MediaIn August 2020, the private sector companies in the UK saw a significant increase in business activities since 2013. Demand from customers rose for both the manufacturing and service sectors, suggesting an accelerated pace in recovery. The latest s.....
Online Buying: Jump In AO World’s Revenue; AO World, Kingfisher, Hermes, And DPD To Increase Hiring
August 22, 2020 11:10 PM AEST| By Team Kalkine MediaOnline shopping platforms had made it easier to make purchases online for a wide range of products. The stay-at-home orders, social distancing norms, and rise in fear of the contagion in closed environments like a shopping outlet have largely restr.....
From CERB to EI: Canada Revises Pandemic Income Support Programs
August 22, 2020 11:00 PM AEST| By Team Kalkine MediaInsurance premiums for workers and businesses kept intact at 2020 levels for next two years. Three more new one-year income support benefits proposed for those not covered under EI. The short era of the Canada Emergency Response Benefit...
Post Brexit-Trade Talks Stall Again; Making Headway Seems Difficult Before the End of Transition Period
August 22, 2020 09:46 PM AEST| By Team Kalkine MediaSummary The failure of Brexit deal would hinder the tariff-free movement of goods across borders as they did before the UK parted ways with the European Union The EU-UK deal is important for businesses from both sides to ensure that the competi.....
Britons Shopping Online: Waitrose, M&S, Next, And Asda To Strengthen Online Division
August 22, 2020 09:31 PM AEST| By Team Kalkine MediaSummary The coronavirus pandemic has accelerated the online shopping behavior. A study by Waitrose showed that the number of buyers at online shopping sites doubled from the 2019 levels. Many retailers are strengthening their online shopping p.....
Does the uptick in business activity indicate that British economy could recover soon?
August 21, 2020 11:20 PM AEST| By Team Kalkine MediaSummary IHS Markit / CIPS August PMI for manufacturing and services sectors displays sharp business expansion However, the number of new orders were still short of the total production capacity for most respondents Consumer demand is up, but s.....
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