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Spain’s Banco De Sabadell and BBVA have put their merger on hold following disagreements on the financial terms of the deal. It was one of the major deals in the banking sector in the EU this year. The markets have not taken this news well, f...

• November 27, 2020 12:39 PM GMT
• Kunal Sawhney

Summary Amazon has revealed its plan to give a special bonus of $300 and $150 to its frontline full-time and part-time employees, respectively The company will be spending a total of $2.5 billion, close to £1.84 billion in 2020 by giving ...

• November 27, 2020 11:42 AM GMT
• Hina Chowdhary

Summary The new tier system will be replacing the second lockdown in England next week. PM Boris Johnson has unveiled the arrangements for Christmas in the UK allowing the families to celebrate together. Though retail stands to benefit from th...

• November 27, 2020 10:38 AM GMT
• Hina Chowdhary

Summary Most of the nation to be under two toughest level measures when the lockdown ends MPs to vote for the regulations on Monday, 70 Tories may refuse to back the PM   It has emerged that almost 99 per cent of England’s popu...

• November 27, 2020 09:59 AM GMT
• Kunal Sawhney

With the increase in online commerce in the last few months of pandemic, the frauds and scams are on the rise in the country. Several banks have been receiving complaints from their customers that they have bought and pre-paid for a product online ...

• November 27, 2020 09:47 AM GMT
• Team Kalkine

Though the recent back-to-back advancements in the development of a vaccine seemed to have enhanced the visibility of a silver lining in the fight against Covid-19 (SARS-CoV-2) virus, the hope of getting a clinically-approved vaccine remains bleak un...

• November 27, 2020 09:11 AM GMT
• Kunal Sawhney

In a bid to bring a level playing field for smaller firms and curb the unfair market for consumers, the UK is going to impose a new competition regime in 2021 that will restrict the power of the tech giants such as Google and Facebook. The new cod...

• November 27, 2020 08:01 AM GMT
• Hina Chowdhary

Britain has finally decided to bring in a major reform in its financial system. It has been decided that the Retail Price Index, an inflation measure that has been in use in the country since 1947, will finally be replaced with the Consumer Price...

• November 27, 2020 06:55 AM GMT
• Kunal Sawhney

Current US President Donald Trump said in a recent interview that he would peacefully leave the White House if president-elect Joe Biden gets voted for by the Electoral College. Mr Trump had not previously admitted anything related to his defeat i...

• November 27, 2020 06:29 AM GMT
• Edita Ivancevic

Compass, a new age property broker, is believed to have hired investment bankers to take the company public, according to reports. It uses technology and talent to deliver real estate broking services in the US markets, operating across coasts and...

• November 27, 2020 02:35 AM GMT
• Hina Chowdhary

Summary Mitchells & Butlers has made approximately 1,300 workers redundant in the FY20 The company has reported a net loss of £123 million for FY20 on the back of lower revenues due to the pandemic Its share price plunged more than 4...

• November 26, 2020 05:47 PM GMT
• Team Kalkine

European News: The London market traded in the red, whereas the European market traded in the green. As the second lockdown hits the UK, the workers on furlough are at the highest level since June 2020. Rishi Sunak states that the UK’s record b...

• November 26, 2020 05:09 PM GMT
• Team Kalkine

UK stock markets traded in the negative territory after starting marginally higher on Thursday as the government announced its new rules for the upcoming days in wake of the pandemic. The headline index FTSE oscillated between a range of 6,412.65 and...

• November 26, 2020 04:39 PM GMT
• Hina Chowdhary

Summary Pets at Home Group Plc has reported total revenue growth of 5.1% during H1 FY21. The omnichannel division has witnessed revenue growth of 65.8% to £77.1 million. The number of subscription customers has increased by 22% year on y...

• November 26, 2020 04:27 PM GMT
• Kunal Sawhney

Magazine and website publisher Future plc has agreed to an offer from GoCo Group plc to buy its subsidiary Gocompare.com, a financial services comparison website, for £594 million in a cash and shares takeover. Both the companies have announced...

• November 26, 2020 04:23 PM GMT
• Hina Chowdhary