Archives

Summary Sainsbury's, Asda, Aldi and B&M are in line with Tesco and Morrison’s in repaying the business rate reliefs The supermarkets enjoyed a boom in their sales during the summer lockdown but kept availing the government relief Lat...

• December 04, 2020 12:39 PM GMT
• Kunal Sawhney

  After two years of acrimonious charges, the US prosecutors seem to be closing a deal with the lawyers of Huawei Chief Financial Officer Meng Wenzhou, who is in detention in Canada since 2018. US authorities have been trying to get Wenzhou e...

• December 04, 2020 10:13 AM GMT
• Hina Chowdhary

Summary FTSE 100 closed at a 6-month high with GBP vs USD pair scaling a 12-month peak at the foreign exchange market The Nasdaq Composite and S&P 500 scaled their respective record peaks on Thursday  UK stock markets overrode the...

• December 04, 2020 10:07 AM GMT
• Kunal Sawhney

Irish low-cost airline Ryanair Holdings Plc (LON: RYA), which is Europe's biggest budget airline,  has ordered an additional 75 Boeing 737 Max aircrafts worth up to $9 billion, brushing away the cynicism over the aviation industry and the coro...

• December 04, 2020 08:46 AM GMT
• Kunal Sawhney

The United Kingdom administration is all set to get the very first doses of the clinically-approved coronavirus vaccine developed by Pfizer-BioNTech much ahead than other countries, especially the United States, where the vaccine is still under Foo...

• December 04, 2020 06:03 AM GMT
• Kunal Sawhney

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 10.09 points or 0.28 per cent higher at 3,679.10, Dow Jones Industrial Average Index surged by 147.16 points or 0.49 per cent higher at 30,0...

• December 03, 2020 05:20 PM GMT
• Team Kalkine Media

Summary Tate & Lyle Plc has reported a revenue contraction of 4.0% during H1 FY21. The Company announced the acquisition of Sweet Green Fields on 01 December 2020. The adjusted net debt/EBITDA stood at 0.7x during H1 FY21. The Company ann...

• December 03, 2020 03:19 PM GMT
• Team Kalkine Media

Summary Tesco will be repaying £585 million of business rates relief that was provided in the early days of the Covid-19 pandemic The supermarkets have been accused of taking the business rate relief despite enjoying the increased sa...

• December 03, 2020 02:11 PM GMT
• Hina Chowdhary

Summary Nestle SA intends to halve its emissions by 2030 and run 800 of its sites fully on renewable power by 2025 The company would ramp up its reforestation program by planting 20 million trees each year over the next 10 years The Swiss ...

• December 03, 2020 02:08 PM GMT
• Kunal Sawhney

Summary Major European oil conglomerates are eyeing increasing their investment in the snacks and groceries at their retail outlets Shell is planning to expand the footprint of its retail networks by more than 20 per cent to 55,000 locations gl...

• December 03, 2020 01:00 PM GMT
• Kunal Sawhney