Archives

Summary Debenhams, the 242-year-old iconic retailer, will be liquidated after Christmas Attempts to rescue Debenhams failed when the British sports-fashion retail firm JD Sports pulled out of discussions to rescue the company Debenhams had bee...

• December 02, 2020 10:59 AM GMT
• Hina Chowdhary

Summary Kazera’s shares jumped as the company identifies 3 minerals in commercially feasible quantities The company provided a 112 per cent year-to-date return Kazera Global and Manschaft Mining and Energy have signed an MoU for EPL lice...

• December 02, 2020 10:20 AM GMT
• Hina Chowdhary

Summary The shares of the company have shown a volatile trend and have fallen in the last session in response to the correction in international gold prices. The company has recently announced the commencement of drilling operations in Moydow i...

• December 02, 2020 08:53 AM GMT
• Hina Chowdhary

Summary The housing market has been one of the strongest performing UK sectors this year, after it reopened after the first lockdown in May Mortgage approvals in October reached a high value of 97,500 The primary reason for the rise in demand ...

• December 02, 2020 08:43 AM GMT
• Kunal Sawhney

In a historic development, the Medicines and Healthcare Products Regulatory Authority (MHRA) of the United Kingdom has given approval to the Pfizer-BioNTech vaccine. With this, the UK has become the first western country ahead of the US and Europe to...

• December 02, 2020 08:21 AM GMT
• Kunal Sawhney

UK’s leading fashion & food retailer, Marks and Spencer Group Plc (LON: MKS) has reportedly extended its offers on the bestselling activewear this season as a result of a paradigm shift in lives brought by the coronavirus pandemic. As a r...

• December 02, 2020 12:19 AM GMT
• Kunal Sawhney

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 50.74 points or 1.40 per cent higher at 3,672.37, Dow Jones Industrial Average Index increased by 416.65 points or 1.41 per cent higher at 3...

• December 01, 2020 11:42 PM GMT
• Team Kalkine Media

AstraZeneca PLC (LON: AZN) will be selling its rights of Crestor and some related medicines to Germany-based Grünenthal GmbH in more than 30 countries of Europe except the UK and Spain. The deal is worth up to $350 million. AstraZeneca will con...

• December 01, 2020 04:20 PM GMT
• Kunal Sawhney

Summary Melrose Industries Plc has reported an adjusted revenue contraction of 25.8% during H1 FY20. The automotive segment has reported profitability with operating margins over 6% for the four months period ended on 31 October 2020. Nortek A...

• December 01, 2020 02:48 PM GMT
• Hina Chowdhary

Summary The company has written down the value of its natural gas assets by $17 billion and also slashed its capital spending to a 15-year low. The company has been facing a severe demand crunch since the pandemic outbreak, which has scaled dow...

• December 01, 2020 02:21 PM GMT
• Team Kalkine Media