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Asos (LON: ASC) In Talks to Buy Arcadia’s Famous Brand Topshop
Retail Stocks

Asos (LON: ASC) In Talks to Buy Arcadia’s Famous Brand Topshop

Summary British online fashion giant Asos is in talks with administrators of Arcadia retail. The trend of acquiring the high-street brands has been picking up steam in the aftermath of the Covid-19. Boohoo is said to be in talks to acquire Deb...

MPs ask Bank of England to raise green standards for bond purchase 
Economy

MPs ask Bank of England to raise green standards for bond purchase 

The British Members of Parliament are pushing the Bank of England to realign its corporate bond portfolio with the global climate agreement. This should be done before the UN climate change summit is held in November, they insist. The MPs...

  • January 25, 2021 10:29 PM AEDT
  • Team Kalkine
Covid-19 Impact: London Transport Body Seeks Assistance for Two Years
Economy

Covid-19 Impact: London Transport Body Seeks Assistance for Two Years

The pandemic and the consequent lockdowns have forced most of us to stay indoors. This has hit the mass transport systems hard and affected their profits. Andy Byford, the commissioner of Transport for London (TfL), expects the Crossrail to open mu...

  • January 25, 2021 08:26 PM AEDT
  • Team Kalkine
BP’s (LON: BP.) CEO Bernard Looney and his restructuring plans
Oil and Gas Stocks

BP’s (LON: BP.) CEO Bernard Looney and his restructuring plans

Summary BP is aiming to cut down on fossil fuels and switch to renewable sources of energy by 2030. The oil and gas company had announced 10,000 jobs last year as a part of its restricting plan. A wind of change has been blowing in BP PLC ...

  • January 25, 2021 09:09 AM GMT
  • Team Kalkine
FTSE 100 likely to open higher as GBP recoups 1.37 vs USD 
Market updates

FTSE 100 likely to open higher as GBP recoups 1.37 vs USD 

UK stock markets are likely to open a tad higher on Monday, 25 January, tracking the largely upbeat Asian cues with Japan’s Nikkei 225 trading up. The futures linked to the benchmark FTSE 100 inched higher in the wee hours indicating a positive...

  • January 25, 2021 08:32 AM GMT
  • Team Kalkine
UK launches climate adaptation effort worldwide with partner nations
Economy

UK launches climate adaptation effort worldwide with partner nations

PM Boris Johnson has said that he will be launching a global climate adaptation initiative on Monday, under which it will be working along with Bangladesh, Egypt, the Netherlands, Saint Lucia, and Malawi for building r...

  • January 25, 2021 06:44 PM AEDT
  • Team Kalkine
TikTok rival Kuaishou Launches IPO in Hong Kong
IPO

TikTok rival Kuaishou Launches IPO in Hong Kong

Summary Kuaishou Technology, which specialises in video editing and live-streaming software, is seeking a stock market floatation worth $5.4 billion through an IPO. The tech company is eyeing a market capitalisation of around $60.9 billion. Bi...

  • January 25, 2021 07:33 AM GMT
  • Team Kalkine
China dethrones US as the highest FDI recipient in 2020
World News

China dethrones US as the highest FDI recipient in 2020

According to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year, surpassing the FDI inflow received by the US worth US$134 billion. The UN published its Investment...

  • January 25, 2021 06:28 PM AEDT
  • Team Kalkine
Fire at serum institute, will this impact vaccine rollout?
World News

Fire at serum institute, will this impact vaccine rollout?

On 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire.  The S...

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