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...
- January 15, 2021 08:51 AM GMT
- Team Kalkine Media
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...
- January 15, 2021 08:30 AM GMT
- Team Kalkine Media
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 ...
- January 15, 2021 07:00 AM GMT
- Team Kalkine Media
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...
- January 15, 2021 12:43 AM GMT
- Team Kalkine Media
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...
- January 14, 2021 06:27 PM GMT
- Team Kalkine Media
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...
- January 14, 2021 03:21 PM GMT
- Kunal Sawhney
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...
- January 14, 2021 03:18 PM GMT
- Hina Chowdhary
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...
- January 14, 2021 01:01 PM GMT
- Kunal Sawhney