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Cerrejon And Its Union to Hold Talks on Controversial Proposed Work Schedule
Metals and Mining

Cerrejon And Its Union to Hold Talks on Controversial Proposed Work Schedule

Summary Cerrejon and its largest workers’ union Sintracarbon is going to hold technical discussions about a controversial work schedule it had proposed On 31 August, Sintarcarbón launched a strike and rejected a shift change introd...

Aviation stocks jump as England halves the quarantine time for travellers
Consumer Stocks

Aviation stocks jump as England halves the quarantine time for travellers

  Travellers flying into England are soon going to have an option to take a paid Covid-19 test after 5 days of self-isolation. If they are tested negative, a new scheme will allow them to halve the 14-day compulsive quarantine period, which i...

US Market Surge, Dow Breaks the Historic High Level Of 30,000
Stock Market

US Market Surge, Dow Breaks the Historic High Level Of 30,000

US stock markets surged sharply to record highs on Tuesday with the Dow Jones Industrial Average breaking the historic level of 30,000 amid positive vaccine news, President-elect Joe Biden’s transition and optimism for a strong economic recover...

JPMorgan red-flagged again, coughs up US$250 million as penalty
World News

JPMorgan red-flagged again, coughs up US$250 million as penalty

Multinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regulators found a "pattern of misconduct" for risk management and other control failings in its wealth ...

  • November 25, 2020 04:26 AM GMT
  • Team Kalkine
Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the second richest man
World News

Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the second richest man

On 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle car company's market value crossed the USD 500 billion-mark, Musk's net worth increased by nearly ...

  • November 25, 2020 03:06 AM GMT
  • Team Kalkine
Bitcoin Reclaims USD 19,000 After Three Years, What’s Driving the Rally?
Cryptocurrency

Bitcoin Reclaims USD 19,000 After Three Years, What’s Driving the Rally?

Bitcoin has once again reclaimed the USD 19,000 mark, climbing to a high of USD 19,349.0 yesterday and is presently trading at USD 19,169.00, marking the first rally over the last three years to see the crypto asset above the USD 19,000 mark. The ma...

London Markets Accelerated as Joe Biden’s Presidential Transition Started; FTSE 100 up 1.55% & Dow Jones Hits 30,000
Market updates

London Markets Accelerated as Joe Biden’s Presidential Transition Started; FTSE 100 up 1.55% & Dow Jones Hits 30,000

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 59.61 points or 1.67 per cent higher at 3,637.20, Dow Jones Industrial Average Index increased significantly by 506.00 points or 1.71 per ce...

  • November 24, 2020 04:39 PM GMT
  • Team Kalkine
From Champagne Flutes to Blankets, British Airways Has Put Up Its First-Class Cabin Items for Sale 
Consumer Stocks

From Champagne Flutes to Blankets, British Airways Has Put Up Its First-Class Cabin Items for Sale 

In a first, British Airways (BA) is selling off its plates, champagne flutes and many other items that the airline used on its Boeing 747 fleet so that flyers can recreate the airline experience at home.  The airline has been badly hit by the ...

Aviva (LON: AV) to offload its Italian arm
Financial Stocks

Aviva (LON: AV) to offload its Italian arm

Summary The company will sell off its Italian arm Aviva Vita for €400 million to UBI Banca During September this year, the company sold off its Singapore business for £1.6 billion to Singlife, its local competitor These sales are a ...

  • November 24, 2020 02:17 PM GMT
  • Team Kalkine
Why is Sage Group making significant investments in cloud-computing platforms?
Technology Stocks

Why is Sage Group making significant investments in cloud-computing platforms?

Summary Sage Group Plc has reported organic total revenue growth of 3.7% during FY20. The Company expects to show a 3% drop in organic operating margin in FY21. Sage cloud-based organic revenue has seen a significant rise of 30% during FY20. ...

  • November 24, 2020 02:07 PM GMT
  • Team Kalkine
FTSE 100, FTSE 250 Jump 1% As Trump Agrees Biden Transition, Covid-19 Vaccine Optimism Supports Rally
Stock Market

FTSE 100, FTSE 250 Jump 1% As Trump Agrees Biden Transition, Covid-19 Vaccine Optimism Supports Rally

    UK stock markets surged in the early morning trades on Tuesday, after US President Donald Trump agreed to start the Joe Biden’s transition. A rally was observed in the market today with the headline indices FTSE 100, FTSE 250,...

Is Cineworld (LON: CINE) out of the woods after securing a $750-mn funding?
Consumer Stocks

Is Cineworld (LON: CINE) out of the woods after securing a $750-mn funding?

Summary Cineworld has obtained a new debt facility worth $450 million for 3 years, which is supposed to mature in 2024 The group is also expected to receive tax refunds worth more than $200 million by the next year Its operational initiatives ...

How Are Businesses Encashing the Gold Bonanza?
Commodities

How Are Businesses Encashing the Gold Bonanza?

Gold has been quite the charmer as a safe haven asset in 2020 with the spot price vaulting to a record high of USD 2,073.41 per ounce in August 2020. The impeccable rally in gold prices has brought a smile on many faces with several banks, royalty ...

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