Are Africa’s Real Estate Markets Deep Enough to Be Sustainable?
Source: Karramba Production, Shutterstock Summary Covid-19 situation has led investment strategies to consider which asset classes and geographies will sustain economic pressures and be resilient in the long term. Africa requires a strategy th...
- March 02, 2021 11:28 AM GMT
- Team Kalkine Media
How Boohoo’s shares dropped by over 4 per cent over US ban concerns
Source: Siyanight, Shutterstock Summary UK-based online clothing company Boohoo’s share prices fell sharply on Tuesday. US-based charity organisation Liberty Shared filed two petitions against the company over potential forced labour pra...
- March 02, 2021 11:24 AM GMT
- Suhita Poddar
Why Virgin Money's deal with Life Moments is crucial for its business
Source: Jirapong Manustrong, Shutterstock Summary Financial services company Virgin Money will tie-up with fintech data company Life Moments to develop its ESG focused offerings for its business banking clientele. This is the latest technology...
- March 02, 2021 11:20 AM GMT
- Suhita Poddar
Property prices soar unexpectedly in Feb due to stamp duty holiday
Source: PhuShutter, Shutterstock Summary House prices in February soared unexpectedly, a report said. Property prices jumped almost 0.7 per cent from 6.4 per cent in February. The UK’s property markets are soaring yet again....
- March 02, 2021 11:19 AM GMT
- Suhita Poddar
Renishaw shares jump 20% to 52-week high as founders intend to offload stakes
Source: Dushlik, Shutterstock Summary Shares of Renishaw Plc soared nearly 20 per cent to hit an all-time high value. Renishaw shares have already recognised a gain of more than 70 per cent in the past one year. Renishaw founders have express...
- March 02, 2021 10:27 AM GMT
- Team Kalkine Media
Brexit impact: Financial services firms continue to move operations to EU
Source: Pressmaster, Shutterstock Summary A new study has found that 40% of the financial services firms surveyed have either moved or will move operations from the UK to the EU. Dublin was the most favoured new hub followe...
- March 02, 2021 09:08 AM GMT
- Team Kalkine Media
FTSE 100 Likely to Open Lower as Budget 2021 Uncertainty Weighs
UK share markets are likely to open lower on Tuesday, 2 March, as investors turn sceptical ahead of the Budget 2021 presentation. Chancellor of the Exchequer Rishi Sunak is slated to make the Budget statement to the respective MPs in the House of Com...
- March 02, 2021 07:25 AM GMT
- Abhijeet
Did the UK Markets’ rise after the US House passed the Covid-19 stimulus package?
Source:Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 81.55 points or 2.14 per cent higher at 3,892.70, Dow Jones Industrial Average Index su...
- March 01, 2021 09:24 PM GMT
- Team Kalkine Media
What significant factors led AFC Energy to receive its first commercial order?
Source: Alexander Kirch, Shutterstock Summary AFC Energy PLC had not reported any revenue during FY20 ended on 31 October 2020. AFC had reported a comprehensive loss of approximately negative £4.2 million during FY20. AFC had completed ...
- March 01, 2021 03:23 PM GMT
- Team Kalkine Media
3 Penny Stocks Gain Over 20% as FTSE 100 Holds Rally
Source: Vitalii Vodolazskyi, Shutterstock London equities witnessed market-wide gain on Monday, 1 March, with the headline FTSE 100 index trading firm after rallying more than 1 per cent in the morning deals as global bond markets stabilised a...
- March 01, 2021 02:04 PM GMT
- Abhijeet