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...
- January 25, 2021 12:43 PM GMT
- Kunal Sawhney
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 Media
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 Media
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 Media