Archives

Summary There has been increasing optimism of rebound in the global economy, which would consequently reflect in the surge of demand in commodity prices Industrial metals major Antofagasta announced its plans to be carbon neutral and reduce its...

• May 12, 2021 02:00 PM BST
• Suhita Poddar

Summary Over the last year, the biotechnology and pharmaceuticals index has been the second-worst performer in the FTSE350 Index. Healthcare stocks are a risky investment as these biotechnology firms work on breakthrough scientific research, wh...

• May 12, 2021 12:52 PM BST
• Abhijeet

Summary UK shares inched higher on Wednesday, snapping the two-day plunge FTSE 100 briefly crosses 7,000 after UK GDP recorded 2.1 per cent growth in March Construction output, manufacturing & industrial production also supported equities&...

• May 12, 2021 12:02 PM BST
• Abhijeet

Summary Airline CEOs have called for a joint summit to initiate transatlantic travel. A joint letter was sent by CEOs of six passenger airline companies and a US-based aviation trade association to the transport ministers of both nations. The ...

• May 12, 2021 11:02 AM BST
• Suhita Poddar

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 42.57 points or 1.02 per cent lower at 4,145.86, Dow Jones Industrial Average Index dipped by 463.84 points or 1.34 per cent lower at 34,278.9...

• May 11, 2021 07:22 PM BST
• Team Kalkine Media

Summary MRW had delivered around 17.5% like-for-like fuel sales growth during Q1 FY22. The online sales had demonstrated year-on-year growth of around 113% during Q1 FY22. The Company had anticipated meaningful profit growth during FY23. ...

• May 11, 2021 05:47 PM BST
• Team Kalkine Media

Summary The Financial Conduct Authority is all set to oppose Amigo Holdings Plc’s rescue scheme. A majority of Amigo’s creditors have voted in favour of the scheme, though FCA has said the proposal in its current form was not fair. ...

• May 11, 2021 05:42 PM BST
• Abhijeet

Summary Oncology firm Physiomics stocks soared after the company announced a new contract with Numab Therapeutics Detection company Kromek Group announced an improvement in commercial activity across all business segments and pipeline Medical ...

• May 11, 2021 05:37 PM BST
• Suhita Poddar

Summary UK shares collapse as US inflationary pressure mounts FTSE 100 shed nearly 3 per cent, as global jitteries rattle London equities Negative Wall Street opening added fears to the European markets UK shares reacted in a largely simi...

• May 11, 2021 04:17 PM BST
• Abhijeet

Summary Treasury intends to dispose of nearly 5 per cent of its shares in NatWest Group PLC. NatWest has moved closer to completely returning to private ownership. The shares of the bank were trading lower by over 2 per cent in the morning hou...

• May 11, 2021 04:12 PM BST
• Suhita Poddar