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Market updates
London Tops UK Business Confidence Rankings in November
December 02, 2024 11:55 PM AEDT| By Team Kalkine MediaHighlights,London records the highest business confidence in the UK, reaching 57% in November.,Firms in London report increased optimism in their trading prospects, rising to 70%.,Employment growth is a key focus, with 53% of London businesses planni...
London to Edinburgh A Closer Look at Train and Flight Travel Options
December 02, 2024 11:54 PM AEDT| By Team Kalkine MediaHighlights,Rail upgrades aim to cut London-to-Edinburgh journey times by 20 minutes by 2025.,Flights remain quicker overall but include additional time for airport transfers and check-ins.,Train travel offers a seamless city-center-to-city-center exp...
Ofcom Highlights BBC’s Role in Challenges for UK Local News Sector
December 02, 2024 11:52 PM AEDT| By Team Kalkine MediaHighlights,Ofcom’s report acknowledges BBC’s online expansion as a challenge for commercial publishers.,Shifts from local radio to online content by BBC intensify competition in the local news landscape.,Concerns grow over potential future impacts of...
House of Sunny Partners with Unlock for a Fashion-Food Extravaganza in London
December 02, 2024 11:50 PM AEDT| By Team Kalkine MediaHighlights,House of Sunny collaborates with Unlock for a unique event blending fashion and gourmet pizza.,The collaboration features a limited-edition menu, exclusive capsule collection, and venue transformation.,Unlock debuts House of Sunny-designed...
Jack Morrocco A Lifetime of Artistry on Display in London
December 02, 2024 11:44 PM AEDT| By Team Kalkine MediaHighlights,Jack Morrocco is celebrated as a contemporary Scottish Colourist with over 50 years of artistic mastery.,His diverse works span landscapes, still life, and figurative art, showcasing remarkable versatility.,The London exhibition,,Making a...
Greek Prime Minister Kyriakos Mitsotakis Visits London to Bolster Relations and Economic Ties
December 02, 2024 11:42 PM AEDT| By Team Kalkine MediaHighlights,Mitsotakis inaugurates the 3rd Greek Investment Conference in collaboration with Morgan Stanley.,Talks with UK Prime Minister Sir Keir Starmer focus on strengthening bilateral ties in key sectors.,Discussions include migration, global secu...
Gamma Plans Shift to London Stock Exchange’s Main Market
December 02, 2024 11:37 PM AEDT| By Team Kalkine MediaHighlights,Gamma announces plans to transition to the Main Market of the London Stock Exchange.,The move aims to enhance the company’s profile and support global expansion.,The transition is targeted for mid-2025, pending FCA approval.,Gamma’s Strate...
Gibson Dunn Enhances London M&A Expertise with Jones Day Veteran
December 02, 2024 11:32 PM AEDT| By Team Kalkine MediaHighlights,Gibson Dunn welcomes M&A specialist Will McDonald from Jones Day to its London office.,McDonald brings extensive experience in public UK M&A, including a two-year secondment to the UK Takeover Panel.,Recent hires underline Gibson Dunn’s st...
London's Odds of a White Christmas in 2024 A Seasonal Forecast
December 02, 2024 11:30 PM AEDT| By Team Kalkine MediaHighlights,Light snow flurries graced London on November 19, sparking hopes for a white Christmas.,Meteorologists analyze current trends to predict snowfall chances for December 25 in the capital.,Historical data indicates London's white Christmases...
Striking Gold in a Booming Market: How to Spot Undervalued Stocks Before They Soar
December 02, 2024 06:33 PM AEDT| By Team Kalkine MediaHighlights:,Alibaba Pictures Group (HKEX:1060):,Significant undervaluation at 29.1% below fair value with forecasted earnings growth of nearly 45% annually.,China Resources Mixc Lifestyle Services (HKEX:1209):,Undervalued by 43.5%, with strong revenu...
Black Friday Shifts Gear as Americans Spend $10 Billion Online Amid In-Store Decline
December 02, 2024 06:19 PM AEDT| By Team Kalkine MediaHighlights:,E-commerce dominance:,Americans spent $10.8 billion online this Black Friday, reflecting the growing shift from in-store to digital shopping.,Top product categories:,Shoppers favored home appliances, furniture, makeup, and electronics lik...
Asian Markets Start Strong on Chinese Manufacturing Gains and U.S. Trade Optimism
December 02, 2024 06:16 PM AEDT| By Team Kalkine MediaHighlights:,Asian markets rally:,Chinese manufacturing data sparks optimism across regional indices.,Oil prices climb:,Crude prices edge higher amid global market positivity.,Tech and retail gain traction:,Tesla and Apple see strong performance, buoy...
U.S. Markets Surge in November Following Trump's Re-Election
December 02, 2024 06:06 PM AEDT| By Team Kalkine MediaHighlights:,Record Market Gains:,November sees S&P 500 up 5.7%, Dow Jones jumps 7.5%, and NASDAQ adds 6.2%.,Trump’s Re-Election Boosts Rally:,Big tech, small caps, and financials drive broad-based market growth.,High-Performing Stocks Shine:,Strategi...
Welsh Teenager Sent to London Due to Overcrowding at Parc Young Offenders Institution
December 02, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Welsh teenager sent to London as Parc Young Offenders Institution reaches full capacity.,Overcrowding at Parc is a result of housing offenders from outside Wales, particularly London.,Wales faces challenges in providing local placements fo...
Veteran Journalist Launches Campaign to Revive Local News in Chelsea
December 02, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Rob McGibbon initiates a crowdfunding campaign to launch,The Chelsea Citizen,.,The new title aims to fill the local news void in one of London's wealthiest areas.,McGibbon envisions a model focused on hyperlocal journalism, blending tradit...
French Riviera-Inspired Bistro Socca Closes Its Doors in Mayfair
December 02, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Socca bistro in Mayfair, co-owned by Samyukta Nair and Claude Bosi, announces closure.,The closure comes after a brief yet ambitious journey, less than two years after opening.,Socca's Mediterranean-inspired menu and décor were well-receiv...
Cycling Journeys in London Surge by 26% Since 2019, Driven by Expanding Infrastructure
November 29, 2024 10:06 PM AEDT| By Team Kalkine MediaHighlights,Daily cycling journeys in London reached 1.33 million in 2024, a 26% increase since 2019.,The strategic cycle network has expanded to over 400km, surpassing the London Underground’s length.,Central London sees the highest growth in cycling...
System1 Group's Impressive Return on Capital Puts It in the Spotlight
November 29, 2024 10:05 PM AEDT| By Team Kalkine MediaHighlights,System1 Group SYS1 has demonstrated impressive growth in Return on Capital Employed (ROCE).,The company’s ROCE of 29% outperforms the media industry average of 11%.,Over the past five years, System1 has increased its ROCE by 56%, indicatin...
London Leads UK Funding Rounds in 2024 Despite Market Cooling
November 29, 2024 10:04 PM AEDT| By Team Kalkine MediaHighlights,London-based businesses secured 52% of total UK investment deals in 2024, leading the nation in funding rounds.,Overall funding activity in London dropped by 29.1% by Q3, signaling a cooling investment market.,Smaller cities like Liverpool...
Eurozone Inflation Rises in November Amid Diverging Expectations for ECB Policy
November 29, 2024 09:30 PM AEDT| By Team Kalkine MediaHighlights:,Inflation Rises Annually:,Euro area inflation rose to 2.3% in November from 2.0% in October, driven by energy prices despite a monthly decline of 0.3%.,Core Inflation Steady:,Core Consumer Price Index (CPI) remained stable at 2.7% year-on...
AI on the Rise: A Look at Top AI Companies and Their Stocks