Musk’s Tesla (NASDAQ: TSLA) to Become S&P 500 Constituent in One Step in December
To what it seems good news for Tesla investors, the S&P Dow Jones Indices has decided to induct California-headquartered electric vehicle maker Tesla Inc (NASDAQ: TSLA) to the S&P 500 in a unified step in December as against the previous deli...
- December 01, 2020 12:13 PM GMT
- Team Kalkine Media
OptiGene’s ‘No-swab’ coronavirus test found to be highly sensitive
An evaluation of OptiGene’s RT-LAMP Covid-19 tests carried out by NHS trusts and universities has confirmed its high sensitivity to the virus. The British government has also confirmed that the technical and clinical assessment of the tests wer...
- December 01, 2020 11:57 AM GMT
- Team Kalkine Media
Lloyds Bank’s Horta-Osório proposed as next chairman of Credit Suisse
Summary Credit Suisse has proposed António Horta-Osório, Lloyds Banking Group outgoing CEO, as its new chairman Horta-Osório will replace Urs Rohner who will step down in 2021 after serving Credit Suisse for 12 years The b...
- December 01, 2020 11:11 AM GMT
- Kunal Sawhney
FTSE 100 leaps 12% in November, what’s expected in December?
Stock markets across the world from New York to London to Tokyo have witnessed a raging run in November with their respective stock indices registering sharp gains on the back of a number of issues mainly due to vaccine arrival optimism. Almost all s...
- December 01, 2020 09:21 AM GMT
- Kunal Sawhney
Ailing Caffè Nero rejects bid from Issa Brothers ahead of creditors meet
Summary The company has rejected an offer from Issa brothers, asking the creditors to help out the solution The company said the Issa brothers offer was not suitable for the company and its stakeholders The coffee shop chain has also asked for...
- December 01, 2020 08:47 AM GMT
- Hina Chowdhary
Royal Dutch Shell Plc (LON: RDSA) Faces First Court Hearing in Climate Change Case
Summary Shell is going to face a Dutch court in a climate case filed by environmentalists and human rights organisations The environmentalists have demanded that the company should slash its reliance on fossil fuels Shell has pledged to cut do...
- December 01, 2020 07:27 AM GMT
- Team Kalkine Media
R&Q Re Ltd has signed an agreement to acquire a Vermont Bermuda-domiciled captive insurance company
Summary This is the third acquisition of a captive insurance company by R&Q this year, whose clients are spread across the North America However, the deal is subject to a regulatory approval So far this year, the company has entered into s...
- November 30, 2020 05:00 PM GMT
- Kunal Sawhney
FTSE AIM Index Inched Higher by 1.11%; Gold & Crude Oil Prices Traded Lower
US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 37.72 points or 1.04 per cent lower at 3,600.63, Dow Jones Industrial Average Index decreased by 401.29 points or 1.34 per cent lower at 29,50...
- November 30, 2020 04:59 PM GMT
- Team Kalkine Media
Petropavlovsk (LON: POG) Hire Alexandrov of Highland Gold as The New CEO
Denis Alexandrov, a highly experienced professional in mining and natural resources, has been appointed as the Chief Executive Officer (CEO) as well as a Director of Petropavlovsk PLC (LON: POG). Mr Alexandrov will be taking charge from 1 December 20...
- November 30, 2020 03:37 PM GMT
- Kunal Sawhney
FTSE 100 On Track to Post Best Month Of 2020 So Far
UK stock markets have witnessed a higher number of positive trading sessions in the present calendar year with the key stock index FTSE 100 on track to register the best month of the coronavirus pandemic-led 2020. The aftermath of coronavirus has kep...
- November 30, 2020 03:09 PM GMT
- Kunal Sawhney