AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Live LSE News Today
Kalkine Media UK is one of the most reliable and fastest sources of live news of the London Stocks Exchange listed companies, other than that it also offers you all the major corporate and economic happenings which will keep you glued to the latest events in the day-to day market activities.
The UK live news covers all the latest happening at LSE, the movers, the newsmakers who keep the stock markets in action. Covering all the important stories from the LSE and its major indices FTSE 100, FTSE 250, FTSE 350, FTSE All Share and FTSE AIM. Get the latest from different industry, economy or government which will impact the latest stock market performance.
Kalkine Media is a high-quality content-driven platform. Basically, we focus on 3Cs -- commodities, currency, and cryptocurrency. We understand that buying stocks and investing your hard-earned money takes in a lot of research and understanding. At Kalkine, we have a dedicated and a passionate team of financial journalists, sector experts, and editors who understand the markets and comes up with the best analysis and latest news and is helping us grow our reader base.
Besides news, stock-based articles and analysis, macro and microeconomic updates, educational and PR write-ups are also our forte. We operate on the advertiser model – a publisher firm under its B2B umbrella, providing a dedicated platform to the subscribed clients.
-
21st Jun 08:58 AM BST
-
21st Jun 08:25 AM BST
-
21st Jun 06:51 AM BST
-
21st Jun 05:57 AM BST
-
21st Jun 04:42 AM BST
-
21st Jun 04:17 AM BST
-
21st Jun 03:33 AM BST
-
21st Jun 03:25 AM BST
-
21st Jun 02:42 AM BST
-
20th Jun 11:41 PM BST
-
20th Jun 09:06 AM BST
-
20th Jun 08:43 AM BST
-
20th Jun 07:53 AM BST
-
20th Jun 07:17 AM BST
-
20th Jun 03:37 AM BST
-
20th Jun 03:19 AM BST
-
20th Jun 02:53 AM BST
-
20th Jun 02:28 AM BST
-
18th Jun 03:06 PM BST
Resumption of coal power plants into service cools Australia’s power crisis
Source: © Sofiaworld | Megapixl.com
Nearly one-third of the coal-power generation returned to service in eastern Australia, minimizing the risks of blackouts in the region.
- The densely populated eastern region of Australia has been facing a power crisis since mid-May as nearly one-fourth of the total coal-fired capacity has not been working due to unplanned outages and maintenance.
- On Wednesday, the market operators took the unprecedented step of taking control over power supply and pricing by suspending the national electricity market.
- The resumption of power plants to service has brought 1,900MW of capacity back since Wednesday, as per the Australian Energy Council.
- Big manufacturers and miners so far have not been affected by skying energy prices, as they were having long-term contracts at fixed prices. On the flip side, smaller businesses got hammered.
-
18th Jun 03:04 PM BST
Shark Skin-inspired coating manufacturer, MicroTau receives AU$5.6M in seed funding
Image source: © Ramoncarretero | Megapixl.com
Details about investors:
A manufacturing start-up, MicroTau announced that it had received AU$5.6 million in a seed round. MicroTau is a Sydney-based climate tech start-up manufacturing shark-skin-inspired coating that can reduce wind drags on the plane. The reduced drags can save billions of dollars in the aviation industry.
The Clean Energy Finance Corporation of Australia, which invested AU$2 million, is a major contributor to the seed round. Other investors, including Bill Tai, Amanda Terry, and Bandera Capital, participated.
Research and Development
MicroTau researched continued for 6 years before it came out with the first product.
The microscopic film, inspired by the shark skin, can be applied on the aircraft surface during maintenance. This coating will help reduce the wind drag and simultaneously cut emissions with improvement in fuel efficiency.
As per the company’s website, testing has shown a 7% reduction in drag.
The MicroTau product is trying to solve a significant issue the aviation industry encounters. The fuel problem is an evergreen issue that only worsens with time. Increasing fuel prices is added nail in the coffin. Operators are looking for solutions to decrease fuel consumption.
According to the @AUManufacturing article, the microscopic film of MicroTau can save over US$34 billion in fuel costs if rolled out commercially across the aviation and shipping industry.
This MicroTau film can also be used to reduce carbon emissions and bring us closer to the 2030 target. It can be retrofitted to the existing transport.
Use of Proceeds
The funds raised in the seed funding round will be used
- To quality the biomimetic film for use in the large commercial aviation industry.
- Increase team size and include business development specialists, engineers, and scientists
- Scale its manufacturing to supply the international airlines
