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UK lateral flow tests can spot up to 90% cases, says study 
Covid-19

UK lateral flow tests can spot up to 90% cases, says study 

Summary Researchers at the University of Oxford spotted 90 per cent of the cases with the rapid lateral flow test. But these results stood true only when devices were used by trained medical sta...

FTSE 100 likely to open slightly higher as GBP gains strength
Market updates

FTSE 100 likely to open slightly higher as GBP gains strength

UK stock markets are likely to open a tad higher on Thursday, 21 January, tracking the upbeat Asian equities and Wall Street finishing on a positive footing after Joe Biden was sworn in as the new US President. Further, the Great Britain pound (GBP) ...

England’s lockdown has failed to lower the virus transmission rate
Covid-19

England’s lockdown has failed to lower the virus transmission rate

Summary PM Boris Johnson had imposed the third lockdown in England beginning 5 January.  A study conducted by the Imperial College shows no evidence of a decline in the R rate during the first 10 days of the lockdown. The R rate was ...

UK & European Markets’ Ended in Green; S&P 500 and Nasdaq Traded at All-time Highs
Market updates

UK & European Markets’ Ended in Green; S&P 500 and Nasdaq Traded at All-time Highs

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 54.09 points or 1.42 per cent higher at 3,853.00, Dow Jones Industrial Average Index expanded by 264.47 points or 0.86 per cent higher at 31...

How has Superdry managed to run its operations despite the temporary closure of some stores?           
Consumer Stocks

How has Superdry managed to run its operations despite the temporary closure of some stores?           

Summary Superdry Plc had reported a decline of 23.4% year-on-year in its revenue during H1 FY21 ended on 24 October 2020. The Company had demonstrated a loss of 38% store days during the 11-week period ended on 09 January 2021. The Company had...

International Consolidated Airlines Group (LON: IAG) to acquire Air Europa
Consumer Stocks

International Consolidated Airlines Group (LON: IAG) to acquire Air Europa

Summary International Consolidated Airlines Group is expected to buy Spanish airlines, Air Europa for €500 million The pandemic has resulted in 50 per cent reduction in the price of Air Europa to €500 million The aviation sector ...