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The oil markets seem to have bounced back from a year of pandemic-led crisis. Further upgrading its price target for crude oil in 2021, Goldman Sachs has lifted its Brent crude price forecast to US $75 for the second quarter this year and has incre...

• March 05, 2021 12:32 PM GMT
• Team Kalkine Media

Source: ShutterstockProfessional, Shutterstock Summary Covid-induced mini crashes in the capital markets have critically trembled the valuations of companies and the securities floated by them. FTSE 100 has amassed a gain of more than 11 per c...

• March 05, 2021 11:04 AM GMT
• Abhijeet

Source: William Potter, Shutterstock Summary The EAC committee has asked the company to link its remuneration incentives to environment and sustainability improvements. Mahmud Kamani, Chairman of Boohoo, has agreed to deliver on the promises m...

• March 05, 2021 10:23 AM GMT
• Team Kalkine Media

Source: Piotr Swat, Shutterstock Summary Wipro Ltd has said it has acquired UK-based management and technology consultancy firm Capco in a deal worth $1.45 billion. Capco is expected to help Wipro scale up its business activities and add $700 ...

• March 05, 2021 09:38 AM GMT
• Abhijeet

Source: Nopparat Khokthong, Shutterstock Summary e-commerce giant Amazon opened its Amazon Fresh grocery store in Ealing, West London, without tills to support a contactless shopping experience for customers. It is the first-of-its-kind physic...

• March 05, 2021 09:33 AM GMT
• Suhita Poddar

fixed a spot exchange rate of 1.3974 USD and 1.1575 EUR against a unit of pound sterling on 3 March. FTSE 100 is likely to open on a negative footing on Friday, 5 March, as fears surrounding an earlier-than-expected hike in the interest rates by...

• March 05, 2021 07:16 AM GMT
• Abhijeet

Source: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 13.82 points or 0.36 per cent lower at 3,805.90, Dow Jones Industrial Average Index drop...

• March 04, 2021 09:34 PM GMT
• Team Kalkine Media

Source: JomNicha, Shutterstock Summary Melrose Industries PLC had reported a decline of 20.03% in statutory revenue during FY20. MRO had reported a reduction of 27% in its aerospace division revenue during FY20. MRO had generated an adjusted ...

• March 04, 2021 04:34 PM GMT
• Team Kalkine Media

Source: Peshkova,Shutterstock   Summary The Competition and Markets Authority has decided to launch an antitrust probe into Apple’s app store. According to various software developers, Apple follows a rigorous approval...

• March 04, 2021 04:25 PM GMT
• Team Kalkine Media

Source: IsabellaO, Shutterstock Summary JD Wetherspoon Plc (LON: JDW) on Thursday, 4 March, announced its plans to open beer gardens. Shares of JD Wetherspoon continued to trade in the negative territory after the announcement.   Wa...

• March 04, 2021 01:57 PM GMT
• Abhijeet