Archives

Summary UK stock market trades flat as Brexit trade agreement uncertainty weighs FTSE fails to sustain Covid-19 vaccine approval gains in the morning deals UK services PMI dropped to below 50 level for the first time since June 2020 UK st...

• December 03, 2020 12:48 PM GMT
• Team Kalkine

Summary Wizz Air will build a new permanent base at Cardiff Airport creating 40 direct and 250 indirect jobs Cardiff is the latest addition to the list company’s existing four bases in the UK including Gatwick, Doncaster, Sheffield, Birmi...

• December 03, 2020 11:24 AM GMT
• Team Kalkine

Summary The funding includes a sum of €509 million through a deeply discounted rights issue It will provide sufficient liquidity reserves to the group   The Anglo- German travel company TUI AG has struck a deal on its third bail...

• December 03, 2020 10:35 AM GMT
• Kunal Sawhney

  Zephyr Energy PLC had provided an update on its Paradox project where it is preparing to begin with the drilling of the 'dual-use' State 16-2 well before the end of this year. The company made an announcement that it has been granted with ...

• December 03, 2020 09:39 AM GMT
• Hina Chowdhary

Summary In a first, the UK has swiftly approved the Pfizer-BioNTech developed coronavirus vaccine The drug regulators across various nations including the US and the EU’s basket of countries are working on expediting the approval process ...

• December 03, 2020 09:18 AM GMT
• Hina Chowdhary

In a move to bridge the pension deficit gap of Acradia Group, Lady Tina Green has said she would pay £50 million cash, which was not due for another 10 months. Lady Green, the wife of Sir Philip Green, was the official owner of the retail co...

• December 03, 2020 08:48 AM GMT
• Kunal Sawhney

The UK Manufacturing Purchasing Managers’ Index (PMI) climbed to 55.6 in November, up from 53.7 in October, bringing cheer for the sector. However, the downturn in employment for the sector continued for the tenth consecutive month, revealed ...

• December 03, 2020 07:24 AM GMT
• Kunal Sawhney

Summary Pires Investments has entered into a share purchase agreement with DeTech Studio Ltd for 1,765 new ordinary shares representing 16 per cent of the latter’s equity value. The company has also entered into a YOP token agreement with...

• December 03, 2020 07:19 AM GMT
• Team Kalkine

Silicon Valley, home to many of the world's largest tech companies, seems to be losing its charm among the corporates and tech workers. Recently, a trend has come to light where companies and employees have been observed to be relocating to other p...

• December 03, 2020 02:44 AM GMT
• Hina Chowdhary

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 4.50 points or 0.12 per cent lower at 3,657.95, Dow Jones Industrial Average Index dipped by 56.61 points or 0.19 per cent lower at 29,767.31,...

• December 02, 2020 04:50 PM GMT
• Team Kalkine

Summary 9 December will be the last day of dealings in its ordinary shares of Tri-Star Resources Plc The company had announced that a joint venture for investment in Strategic & Precious Metals Processing LLC requires it to delist from the ...

• December 02, 2020 04:38 PM GMT
• Team Kalkine

Summary Grafton Group Plc has reported a revenue increase of 4.7% for the four months ended on 31 October 2020. The Company will acquire StairBox Ltd. for £44 million in cash and on a debt-free basis. The Company is expecting its adjuste...

• December 02, 2020 03:15 PM GMT
• Hina Chowdhary

The tier-based lockdown plans proposed by the British Government have finally received the approval from the parliamentarians in the House of Commons on 1 December. The new rules, which were implemented from 2 December, were supported by 291 votes ...

• December 02, 2020 02:43 PM GMT
• Hina Chowdhary