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FTSE 100 likely to open lower as investors turn skeptical over recovery
Market updates

FTSE 100 likely to open lower as investors turn skeptical over recovery

UK stock markets are likely to open lower on Friday, 15 January, as investors’ confidence has been once again fazed by the concerns over the global economic recovery. Most of the European nations are proceeding ahead with tighter restrictions w...

Sunak under pressure to extend pandemic support measures
Covid-19

Sunak under pressure to extend pandemic support measures

Rishi Sunak, chancellor, British exchequer has come under pressure from various lobby groups to offer more Covid support to the UK businesses. Government figures are likely to confirm that the nation is under a double-dip recession with many busine...

Rio Tinto (LON: RIO) Inks Deal with Meridian Energy to Keep Tiwai Point Smelter Operational Till 2024
Metals and Mining

Rio Tinto (LON: RIO) Inks Deal with Meridian Energy to Keep Tiwai Point Smelter Operational Till 2024

Summary Rio has signed a new agreement with Meridian Energy to keep the Tiwai Point aluminium smelter operational until 31 December 2024. In 2020, the company had expressed its intention to wind down the operations of the NZAS and subsequently ...

Real Estate & Mining Shares Lifted FTSE 100 Higher by 0.84%; Just Group Stock Rallied 19.29%
Market updates

Real Estate & Mining Shares Lifted FTSE 100 Higher by 0.84%; Just Group Stock Rallied 19.29%

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.20 points or 0.32 per cent higher at 3,822.04, Dow Jones Industrial Average Index expanded by 142.21 points or 0.46 per cent higher at 31...

Real Estate & Mining Shares Lifted FTSE 100 Higher by 0.84%; Just Group Stock Rallied 19.29%
Market updates

Real Estate & Mining Shares Lifted FTSE 100 Higher by 0.84%; Just Group Stock Rallied 19.29%

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.20 points or 0.32 per cent higher at 3,822.04, Dow Jones Industrial Average Index expanded by 142.21 points or 0.46 per cent higher at 31...

What are the major steps taken by Persimmon to increase its forward sales during 2020?
Infrastructure and Real Estate

What are the major steps taken by Persimmon to increase its forward sales during 2020?

Summary Persimmon Plc had reported its FY20 revenue to drop by 8.8% to around £3.33 billion. The forward sales of the Company had increased by 25% year-on-year to £1.689 billion for FY20. The average weekly sales rate per site grew...

Christmas Cheers for Retailers: Tesco (LON: TSCO), Dunelm (LON: DNLM) post strong sales
Retail Stocks

Christmas Cheers for Retailers: Tesco (LON: TSCO), Dunelm (LON: DNLM) post strong sales

Summary Lockdowns continue to fuel growth for retailers like Tesco and Dunelm. The retailers recorded huge sales in the run-up to Christmas season, banking upon their online presence. The retail sector always looks forward to the festive s...

AB Foods (LON: ABF) revenue fell with Primark sales down 30 per cent
Retail Stocks

AB Foods (LON: ABF) revenue fell with Primark sales down 30 per cent

Summary Revenue down for the retail segment, but up for grocery, sugar and agriculture The group foresees minimal impact of the post-Brexit changes on its business  Revenue of the food processing and retailing MNC Associated British F...

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