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HSBC (LON: HSBA) to Shut Its Main Branches in Scotland
Financial Stocks

HSBC (LON: HSBA) to Shut Its Main Branches in Scotland

Summary Footsie-listed banking giant HSBC Holdings Plc may close two of its main branches in Scotland. The deserted high streets in the wake of lockdown have led to a steep decline in footfall of consumers in bank branches. HSBC (LON: HSB...

Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket 
Communication Stocks

Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket 

Summary Netflix Inc crossed the 200 million paid subscribers mark for the first time. In FY20, Netflix added 37 million paid memberships translating into a total revenue of $25 billion. Netflix shares rallied by more than 1...

FTSE 100 stalls ahead of Biden inauguration
Market updates

FTSE 100 stalls ahead of Biden inauguration

UK stocks seemingly were stalled in the mid-morning deals on Wednesday, 20 January, ahead of the inauguration ceremony of President-elect Joe Biden later in the day. The inauguration ceremony is slated to happen under stern security arrangements foll...

  • January 20, 2021 11:29 AM GMT
  • Team Kalkine
BBC should decide its future plans clearly, suggests National Audit Office
Communication Stocks

BBC should decide its future plans clearly, suggests National Audit Office

Summary National Audit Office stressed that BBC is required to formulate a strategic financial plan to secure its future. The report published by the NAO highlighted that there was a fall in the viewership, followed by a decline in income of th...

Financial Services Business Volumes to See A Spurt in the First Quarter Of 2021: Survey
Economy

Financial Services Business Volumes to See A Spurt in the First Quarter Of 2021: Survey

The Confederation of British Industry (CBI), in association with a consulting major PwC, conducted a survey in the financial services sector, which stated that business volumes had seen a spike in the Q4 2020 for the first time in two years. The su...

  • January 20, 2021 09:04 PM AEDT
  • Team Kalkine
UK sets a new record of 1,610 Covid-19 deaths in a day 
Covid-19

UK sets a new record of 1,610 Covid-19 deaths in a day 

The daily number of deaths reported in the UK touched a new high of 1,610 on Tuesday, 19 January, even though the number of new cases dropped to 33,355 for the day from a high of 55,761 on 16 January. This has taken the total death toll to 91,470 a...

  • January 20, 2021 10:01 AM GMT
  • Team Kalkine
GM & Cruise Partner with Microsoft for Self-Driving Vehicles
World News

GM & Cruise Partner with Microsoft for Self-Driving Vehicles

General Motors is once again hitting the headlines after it announced a partnership with Microsoft. In a public announcement Tuesday, GMC and Cruise LLC has inked a long-term strategic relationship with Microsoft in order to give a push to the commer...

  • January 20, 2021 07:48 PM AEDT
  • Team Kalkine
FTSE AIM Index Expanded by 0.58%; Shares of Aptitude Software Group Soared by 11.11%
Market updates

FTSE AIM Index Expanded by 0.58%; Shares of Aptitude Software Group Soared by 11.11%

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 17.55 points or 0.47 per cent higher at 3,785.80, Dow Jones Industrial Average Index expanded by 93.24 points or 0.30 per cent higher at 30,...

Henry Boot (LON: BOOT) Puts Up Great Show Even During Pandemic
Infrastructure and Real Estate

Henry Boot (LON: BOOT) Puts Up Great Show Even During Pandemic

Summary Henry Boot has a strong balance sheet with enough liquidity of £27 million, which the company aims to reinvest in residential, urban, and industrial logistics projects.  The company was recently awarded a £40 millio...

Can the UK Aviation Sector Revive After Repeated Disruptions?
Economy

Can the UK Aviation Sector Revive After Repeated Disruptions?

The aviation sector has been one of the worst victims of the coronavirus pandemic as the repeated, and prolonged travel curbs have disrupted the industry for a longer-than-expected stretch. With the extended cutdown of international and domestic tr...

  • January 20, 2021 02:42 AM AEDT
  • Team Kalkine
Amazon-backed Deliveroo Valued At $7Bn, Looking At Potential IPO
IPO

Amazon-backed Deliveroo Valued At $7Bn, Looking At Potential IPO

There has been a lot of speculation recently over online food delivery company Deliveroo heading for a public listing. The rumors were finally laid to rest on Sunday, January 17, after the London-based company said in its latest corporate update that...

What factors led Begbies Traynor Group to proceed with its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million?
Industrial Stocks

What factors led Begbies Traynor Group to proceed with its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million?

Summary Begbies Traynor Group Plc had reported revenue growth of 11% during H1 FY21 ended on 31 October 2020. The Company had completed its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million on 18 January 2021. The net...

Telefónica Deutschland Holding AG Announces Enhanced Dividend
World News

Telefónica Deutschland Holding AG Announces Enhanced Dividend

Telefónica Deutschland Holding AG (LON: 0QAL) released a strategy update on 19 January and proposed an increased dividend confirming a successful start to the year. Telefónica Deutschland, popularly known as O2, has delivered strong ...

FTSE 100 skids from day’s top, manages to remain positive as GBP supports gains 
Market updates

FTSE 100 skids from day’s top, manages to remain positive as GBP supports gains 

  UK stock markets slipped from the day’s high in the wee hours of trading on Tuesday, 19 January, with the benchmark FTSE 100 hovering in the positive territory led by gains in several blue-chip shares. The index started t...

  • January 19, 2021 01:54 PM GMT
  • Team Kalkine
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