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Musk’s Tesla (NASDAQ: TSLA) to Become S&P 500 Constituent in One Step in December
Consumer Stocks

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...

OptiGene’s ‘No-swab’ coronavirus test found to be highly sensitive
Covid-19

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...

Lloyds Bank’s Horta-Osório proposed as next chairman of Credit Suisse
Financial Stocks

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...

FTSE 100 leaps 12% in November, what’s expected in December?
Stock Market

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...

Ailing Caffè Nero rejects bid from Issa Brothers ahead of creditors meet
Market updates

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...

Royal Dutch Shell Plc (LON: RDSA) Faces First Court Hearing in Climate Change Case
Oil and Gas Stocks

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...

R&Q Re Ltd has signed an agreement to acquire a Vermont Bermuda-domiciled captive insurance company
Financial Stocks

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...

FTSE AIM Index Inched Higher by 1.11%; Gold & Crude Oil Prices Traded Lower 
Market updates

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...

Petropavlovsk (LON: POG) Hire Alexandrov of Highland Gold as The New CEO
Metals and Mining

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...

FTSE 100 On Track to Post Best Month Of 2020 So Far
Stock Market

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...