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Online Delivery Company Deliveroo To Have a London IPO
IPO

Online Delivery Company Deliveroo To Have a London IPO

Source: OneSideProFoto, Shutterstock Summary Deliveroo would be listing its shares on the London Stock Exchange. The company’s expected valuation is around US $7 billion based on its US$ 180-million-fundraise. The company’s listin...

Budget 2021: Tax hikes to take burden to highest value since 1960s, says OBR
Economy

Budget 2021: Tax hikes to take burden to highest value since 1960s, says OBR

Source: Natee Meepian, Shutterstock Summary Tax hikes announced by British finance minister Rishi Sunak would push the nation’s overall tax burden to its highest level since the 1960s, said OBR. This is despite the fact that the budget h...

FTSE 100 Slides as European Shares Footstep Asian Equity Rout
Market updates

FTSE 100 Slides as European Shares Footstep Asian Equity Rout

Source: Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 fell nearly 1 per cent on Thursday, 4 March, tracking the stocks sell-off in Asian markets Losses in London were mostly higher due to a partial dejection amidst the investo...

How Aviva Announced Dividend Pay-Outs Despite Lower FY 2020 Profits
Financial Stocks

How Aviva Announced Dividend Pay-Outs Despite Lower FY 2020 Profits

Source: wutzkohphoto, Shutterstock Summary UK-based life insurance giant Aviva PLC announced a final dividend declaration for FY 2020 on 4 March after reporting a 1 per cent fall in annual profits. The insurance company also announced its exit...

Budget 2021: How Sunak Plans to Protect Jobs and Livelihoods
Economy

Budget 2021: How Sunak Plans to Protect Jobs and Livelihoods

ions and extensions to various schemes without worrying about acute rise deficit. In order to reinforce job security, Chancellor of the Exchequer Rishi Sunak has announced a bouquet of measures that are designed to safeguard the jobs and livelih...

Why Google Won’t Look For User Cookies Any More?
World News

Why Google Won’t Look For User Cookies Any More?

ogle accounted for more than half of all global digital ad spending last year. Google won’t be prying on your browsing history after all. The California-based company said on Wednesday that it will stop tracking people’s internet dat...

Budget 2021: How the housing market can gain from recent sops
Economy

Budget 2021: How the housing market can gain from recent sops

prices of major home builders rose by nearly 6 per cent after the budget announcement. The Budget announced yesterday on 3 March had boosted the sentiments of the housing market. The ongoing stamp duty holiday has been extended till the end of J...

Budget 2021: Why Pub Businesses Are Unhappy with Rishi Sunak’s Grants
Consumer Stocks

Budget 2021: Why Pub Businesses Are Unhappy with Rishi Sunak’s Grants

Source: create jobs 51, Shutterstock Summary Chancellor Rishi Sunak announced relief measures for the hospitality sector in Budget 2021. Pubs and breweries stocks responded positively to announcements; most stocks moved up. However, industry ...

Budget 2021: How Can the Contactless Limit Increase Help the Retail Sector?
Retail Stocks

Budget 2021: How Can the Contactless Limit Increase Help the Retail Sector?

Source: Freedomz, Shutterstock Summary British Finance Minister Rishi Sunak announced an increase on the contactless payment limit from £45 to £100 in a bid to boost the retail sector. Sunak said the UK is no longer required to adh...

What’s fuelling the surge in Bond Yields?
World News

What’s fuelling the surge in Bond Yields?

of jobs with policies potentially enhancing the positive sentiment in the market. The surge in US treasury yields has impacted global economies, stirring the pot for already vulnerable international markets. The sudden increase in the 10-year tr...

How Volkswagen, Volvo, And Likes Are Moving Towards EVs For A Cleaner Future
World News

How Volkswagen, Volvo, And Likes Are Moving Towards EVs For A Cleaner Future

cars. Aston Martin plans to have 90% of its fleet electrified by 2030. For every automobile manufacturer, electric vehicles are the future. Every car major worth their salt has already announced their plans to shift to cleaner forms of energy. ...

New GMC Hummer EV’s crabwalk feature set to enrich driving experience
Economy

New GMC Hummer EV’s crabwalk feature set to enrich driving experience

Source:LeStudio,Shutterstock Summary The new all-electric Hummer by General Motors is all set to change the way people drive. In a recent video, the electric vehicle was seen criss-crossing across snow, while performing some adventurous moves ...

  • March 04, 2021 03:50 PM AEDT
  • Ashish
SpaceX’s Starship prototype explodes after a seemingly successful landing
World News

SpaceX’s Starship prototype explodes after a seemingly successful landing

n Musk plans to send people to Mars by as soon as 2023 via these starships. Space Exploration Technology Corporation (SpaceX) had yet another flub that involved its Starship rocket prototype. On Wednesday, SpaceX’s unmanned rocket prototyp...

  • March 04, 2021 02:54 PM AEDT
  • Aayush
Are Cruise-Ship Stocks Turning Bullish In 2021?
World News

Are Cruise-Ship Stocks Turning Bullish In 2021?

Source:Smit,Shutterstock Summary Positive indicators are towing Cruise stocks into bullish territory. Royal Caribbean will begin cruising out of Israel with vaccinated passenger in May. Carnival expects to return 24 liners into service by the...

US Stocks Continue To Fall On Fed Policy Worries, Bond Yields
World News

US Stocks Continue To Fall On Fed Policy Worries, Bond Yields

Source: Phongphan ,Shutterstock Summary S&P 500 dropped 1.31%, Dow Jones shed 0.39%, and NASDAQ plunged 2.70%. Treasury bond sell-offs spike market volatility, trigger inflation worries. The 10-year US Treasury bond yield surged 3.67...

Did banking stocks lift FTSE 100 higher by 0.93%; Barratt Developments Stock Surged by 7.07%
Market updates

Did banking stocks lift FTSE 100 higher by 0.93%; Barratt Developments Stock Surged by 7.07%

Source: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 22.89 points or 0.59 per cent lower at 3,847.40, Dow Jones Industrial Average I...

Future of Bitcoin in Question As China, India Counter Crypto Wave
Cryptocurrency

Future of Bitcoin in Question As China, India Counter Crypto Wave

Source: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...

  • March 04, 2021 07:51 AM AEDT
  • Anuj
Rishi Sunak’s Budget 2021 Boost Real Estate Sector, Most Stocks Up
Infrastructure and Real Estate

Rishi Sunak’s Budget 2021 Boost Real Estate Sector, Most Stocks Up

Source: godshutter, Shutterstock Summary British Finance minister Rishi Sunak announced extended stamp duty holiday till June end for homes till £500,000. Sunak also announced a new 95 per cent sovereign-backed mortgage guarantee scheme....

How Hospitality Stocks Reacted to Sunak’s Budget Announcement
Consumer Stocks

How Hospitality Stocks Reacted to Sunak’s Budget Announcement

Source: HAKINMHAN, Shutterstock Summary UK Finance Minister Rishi Sunak announced continued business rates holiday until June, extension of furlough schemes, a new set of restart grants and others to support the hospitality sector in this year&...

Budget 2021: UK economy to regain its pre-pandemic size by mid-2022, says Sunak
Economy

Budget 2021: UK economy to regain its pre-pandemic size by mid-2022, says Sunak

Source: Worawee Meepian, Shutterstock  Summary While announcing the UK budget 2021, British FM Rishi Sunak said that the economy would regain its pre-pandemic size by mid-2020. Furlough scheme and stamp duty holiday were extended by five ...

FTSE 100 Fails to Find Tipping Point as Sunak Tables Budget 2021
Stock Market

FTSE 100 Fails to Find Tipping Point as Sunak Tables Budget 2021

Source: Gsign76, Shutterstock Summary FTSE 100 fell substantially as Chancellor Rishi Sunak unravelled the Budget 2021 The index dropped more than 1 per cent from day’s high in the afternoon session Meanwhile, GBP vs USD pair traded lar...

A beginner’s guide to SPAC
Investing Essentials

A beginner’s guide to SPAC

Source: Freedomz, Shutterstock Summary A special purpose acquisition company, or SPAC, is formulated to raise funds via an initial public offering to purchase a private company. It does not have its own commercial operations for making or sell...

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