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...
- March 04, 2021 12:13 PM GMT
- Suhita Poddar
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...
- March 04, 2021 10:37 AM GMT
- Abhijeet
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...
- March 04, 2021 10:09 AM GMT
- Suhita Poddar
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 ...
- March 04, 2021 09:05 AM GMT
- Abhijeet
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...
- March 04, 2021 09:01 AM GMT
- Suhita Poddar
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...
- March 03, 2021 08:55 PM GMT
- Team Kalkine Media
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....
- March 03, 2021 04:12 PM GMT
- Suhita Poddar
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&...
- March 03, 2021 04:09 PM GMT
- Suhita Poddar
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...
- March 03, 2021 04:01 PM GMT
- Team Kalkine Media