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Market updates
Ailing Caffè Nero rejects bid from Issa Brothers ahead of creditors meet
December 01, 2020 07:47 PM AEDT| By Hina ChowdharySummary The company has rejected an offer from Issa brothers, asking the creditors to help out the solution The company said the Issa brothers offer was not suitable for the company and its stakeholders The coffee shop chain has also asked for.....
FTSE AIM Index Inched Higher by 1.11%; Gold & Crude Oil Prices Traded Lower
December 01, 2020 03:59 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 37.72 points or 1.04 per cent lower at 3,600.63, Dow Jones Industrial Average Index decreased by 401.29 points or 1.34 per cent lower at 29,50...
UK to ban installation of 5G equipment by Huawei from September 2021
November 30, 2020 10:45 PM AEDT| By Hina ChowdharySummary Earlier this year, the UK had decided to phase out Huawei telecom equipment from its 5G networks, after its cyber security establishment CSC concluded that its equipment posed national security risk. The government has already banned bu.....
UK Markets’ Ended in Green; Gold Price Slipped Below $1,800 Level
November 28, 2020 02:41 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 13.98 points or 0.39 per cent higher at 3,643.63, Dow Jones Industrial Average Index increased by 52.05 points or 0.17 per cent higher at 29...
FTSE AIM Index Ended in Green; Crude Oil Prices Dipped from Seven-month Highs
November 27, 2020 04:09 AM AEDT| By Team Kalkine MediaEuropean News: The London market traded in the red, whereas the European market traded in the green. As the second lockdown hits the UK, the workers on furlough are at the highest level since June 2020. Rishi Sunak states that the UK’s record b...
British Equities Traded Lower on Virus Concerns; Shares of Unilever Edged Higher by 5.07%
November 26, 2020 03:30 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 10.11 points or 0.28 per cent lower at 3,625.30, Dow Jones Industrial Average Index decreased by 139.85 points or 0.47 per cent lower...
London Markets Accelerated as Joe Biden’s Presidential Transition Started; FTSE 100 up 1.55% & Dow Jones Hits 30,000
November 25, 2020 03:39 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 59.61 points or 1.67 per cent higher at 3,637.20, Dow Jones Industrial Average Index increased significantly by 506.00 points or 1.71 per ce...
Energy and Consumer Cyclical Stocks Lifted FTSE 250 Index by 0.39%; Capita Shares Expanded by 9.56%
November 24, 2020 04:30 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 14.06 points or 0.40 per cent higher at 3,571.60, Dow Jones Industrial Average Index increased by 185.55 points or 0.63 per cent higher at 2...
How to rebalance the portfolio and stay on track in 2021?
November 22, 2020 03:33 AM AEDT| By Hina ChowdharyPortfolio rebalancing is the practice of selling off share of some companies contained in one’s portfolio and buying of new ones based on the reviewed risk and return profile of such businesses. It involves raising or lowering the proportion.....
BT Black Friday 2020 offers: All about fiber broadband-to-iPhone deal
November 21, 2020 01:56 AM AEDT| By Kunal SawhneySummary BT Group Black Friday sales offer lucrative deals on its fibre broadband connection, iPhone SE, sim-only double data packages etc A large section of businesses has already launched their respective sales and discount deals for the Black.....
FTSE 100 Traded Higher, Boosted by Healthcare and Energy Shares; Retail Sales Surged by 1.2% in October
November 20, 2020 11:05 PM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 9.37 points or 0.26 per cent lower at 3,572.50, Dow Jones Industrial Average Index declined by 123.93 points or 0.42 per cent lower a...
BuzzFeed to Buy HuffPost from Verizon: 10 Highlights
November 20, 2020 07:50 PM AEDT| By Kunal SawhneySummary BuzzFeed has agreed to buy HuffPost from from Verizon Communications The size of the deal and price of acquisition has not been disclosed so far HuffPost’s ad inventory sales will continue to be managed by Verizon Media New .....
FTSE AIM Index Ended in Green; Medica Group Stock Soared by 16.07%
November 20, 2020 03:36 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 0.81 points or 0.02 per cent higher at 3,568.60, Dow Jones Industrial Average Index declined by 31.70 points or 0.11 per cent lower a...
Why Hyundai-Kia backed Arrival Ltd chose a Nasdaq listing?
November 19, 2020 11:33 PM AEDT| By Hina ChowdharyIn order to raise funds, capital markets have always been the favourite spot for most of the companies as it has various channels of capturing a sizable chunk of money through equity and debt offerings. Higher visibility, liquidity, a varied.....
FTSE 100 Inched Higher by 0.31% on Positive Vaccine News; Shares of Saga Jumped by 33.95%
November 18, 2020 11:03 PM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 2.47 points or 0.07 per cent higher at 3,612.00, Dow Jones Industrial Average Index expanded by 84.60 points or 0.28 per cent higher...
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Moderna signed deal with UK for the supply of Covid-19 vaccine from March 2021; FTSE AIM Lifted by 0.51%
November 17, 2020 11:56 PM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 21.81 points or 0.60 per cent lower at 3,605.10, Dow Jones Industrial Average Index contracted by 274.17 points or 0.92 per cent lower at 29,6...
British & European Equities Surged Significantly After Positive Vaccine News Unveiled by Moderna; FTSE 100 Zoomed by 1.66%
November 16, 2020 11:33 PM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 39.62 points or 1.11 per cent higher at 3,624.77, Dow Jones Industrial Average Index expanded by 399.72 points or 1.36 per cent higher at 29...
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FTSE AIM Index Expanded by 0.52%; Wall Street Traded in Green
November 14, 2020 04:38 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 25.41 points or 0.72 per cent higher at 3,562.42, Dow Jones Industrial Average Index expanded by 203.62 points or 0.70 per cent higher at 29...
UK sets up taskforce to relieve anxiety ahead of EU framework expiry
November 13, 2020 11:49 PM AEDT| By Kunal SawhneySummary A task force has been set up to address the concerns of business leaders worried about the trade they could lose post the end of Brexit transition period. Since the Brexit pullout, the UK and EU have engaged in a series of bilateral tra.....
Will The Housing Market Boom Continue In 2021?
November 13, 2020 11:47 PM AEDT| By Kunal SawhneySummary The house price index of Royal Institution of Chartered Surveyors (RICS) saw an unexpected rise from +62 in September to +68 in October The reading has been the highest since September 1999 Though there has been an improvement, the hou.....
AI on the Rise: A Look at Top AI Companies and Their Stocks