AUS
NZ
UK
CA
USA
IND
Covid 19
Global Airline industry could take a hit of as much as $113 billion on account of Coronavirus: - IATA
March 06, 2020 01:30 PM GMT| By Hina ChowdharyThe International Air Transport Association (IATA) in a report published on 5 March 2020 has warned that the global airline industry could lose as much as $113 billion in passenger revenues, on account of the spread of the Coronavirus. The virus whos...
Top Global Equity Funds to Remain Watchful as Coronavirus Scare Increase
March 06, 2020 01:05 PM GMT| By Team Kalkine MediaThe economic and financial impact of the Covid-19 outbreak has reached unprecedented length and breadth and is expected to rise even further, as till now there is no full-proof measure in sight to contain it. The rising concern amongst financial expe...
Flybe Finally Collapses Amidst The Global Coronavirus Scare
March 05, 2020 02:34 PM GMT| By Team Kalkine MediaAt 2.00 am on 5 March 2019, passengers of Flybe, who were supposed to take flights with the airline, were informed via text message that they need not report at the respective airports as their flights have been cancelled. Then came the announcement...
Fed cuts benchmark interest rates in response to coronavirus scare
March 04, 2020 12:52 PM GMT| By Kunal SawhneyAmongst the first major action taken to neutralize the economic impact posed by the coronavirus outbreak the Federal Reserve on Tuesday cut the US benchmark interest rates by half a percentage point. These are now set in a 1 per cent to 1.25 per cent...
A Brief Look at How the World Is Coming Together to Mitigate the Coronavirus Impact
March 04, 2020 11:35 AM GMT| By Team Kalkine MediaThe Novel Coronavirus (Covid-19) outbreak has done a lot of damage, not only in terms of life but to the global economy as well. While a large number of people have lost their lives till now, a comparatively bigger number are still reeling under the...
Top Five FTSE 250 Performing Stocks Amidst The Coronavirus Scare
March 03, 2020 11:48 AM GMT| By Team Kalkine MediaThe coronavirus outbreak in China is having a telling effect on the world economy. Travel and tourism industry has been badly affected. The movement of goods from one country to the other via sea has severely slowed down, and the scare of infection i...
British Alcoholic Beverage Major Diageo Plc Issues Profit Warning Amidst Coronavirus Scare
February 28, 2020 01:55 PM GMT| By Team Kalkine MediaIn the list of British corporates to have been adversely affected by the coronavirus outbreak a new name has been added on Wednesday, 26th February 2020. Diageo Plc, the alcoholic beverage major of the country, has issued a profit warning that its or...
How Coronavirus Has Led to The Freefall Of The Travel And Tourism Sector
February 28, 2020 12:48 PM GMT| By Kunal SawhneyGlobal businesses, in the last over a month have gone through some major hiccups, due to the coronavirus outbreak. The Covid-19 virus, which is now considered a global epidemic, has affected more than 80000 people till now, while there have been appr...
Coronavirus Woes Lead to Surge in Demand forc
February 28, 2020 11:16 AM GMT| By Kunal SawhneyAs Reckitt Benckiser Group Plc (LON: RB.) announced its full-year results, it highlighted that in this trying times, the demand for company’s products such as Dettol and Lysol, as well as other hygiene products has steeply risen, as people want to mo...
26 FTSE All-Share Stocks Post Double-Digit Gain Despite The Soaring Coronavirus Fear
February 27, 2020 01:28 PM GMT| By Team Kalkine MediaThe rapid spread of coronavirus to several unaffected areas has made experts lose sleep over global growth worries, and the pandemic is jolting investor sentiment across the markets world over. The benchmark equity indices of the UK market – the FTS...
FTSE 100 Sectors That Got Hit Hard By Coronavirus Spillover
February 26, 2020 03:50 PM GMT| By Team Kalkine MediaAfter the spread of coronavirus and the increase in death toll across the world, the global equity market is witnessing a kind of sell-off since Monday (February 24th, 2020). The unprecedented surge in new cases in Iran, Italy and South Korea ratchet...
Trading opportunities on the London Stock Exchange amidst the Coronavirus scare
February 26, 2020 01:17 PM GMT| By Team Kalkine MediaThe past month has been a period of turmoil, on multiple fronts on account of the coronavirus outbreak in China. The outbreak which has claimed more than 2700 lives now has put parts of China in virtual lockdown and movement of men and materials to a...
Coronavirus Spread Making Big Impact On Airline And Travel Sectors
February 21, 2020 11:59 AM GMT| By Team Kalkine MediaThe Covid-19 (Novel Coronavirus) has been spreading rapidly, as reports have suggested that the number of people affected with the disease has crossed 75000, while there have been around 2100 deaths caused by the virus. Though, the exact number of de...
Coronavirus Outbreak Hits Auto Industry In The United Kingdom
February 20, 2020 02:40 PM GMT| By Team Kalkine MediaWuhan (China) is a major centre for sourcing key components used in manufacturing sectors around the globe and the city where the outbreak was first identified. The deadly epidemic is causing catastrophic impact on sectors from tourism to technology...
Impact Of The Coronavirus Outbreak on The Global Economy
February 20, 2020 11:44 AM GMT| By Team Kalkine MediaBackground Recently, the World Economic Forum (WEF) had issued a report regarding the economic effects of the COVID-19 coronavirus around the world. The global organisation pointed out a number of areas that would be impacted by the outbreak, such a...
Earthmoving Equipment maker JCB hit by coronavirus induced supply chain hurdle
February 16, 2020 10:50 AM GMT| By Kunal SawhneyJCB, the world-renowned heavy equipment manufacturer, has announced that it will be reducing its manufacturing operations in the United Kingdom on account of component crunch it is facing due to the coronavirus outbreak in China. The company currentl...
Tracking Commodity Price Movements Amid The Coronavirus Outbreak
February 11, 2020 11:34 AM GMT| By Team Kalkine MediaBackground China has been hit by a Novel Coronavirus outbreak in the month of January 2020. This was a period when global economic recovery was looking positive with the phase 1 of the trade deal between the United States of America and China being...
How Has The Coronavirus Outbreak Impacted The UK Biotech Industry?
February 10, 2020 02:42 PM GMT| By Team Kalkine MediaWhat is Novel Coronavirus? Background – Since December 08, 2019, a few instances of pneumonia of obscure aetiology were cited in Wuhan, Hubei territory in China. Most of the patients were those who worked at or lived around the Huanan seafood market...
Global Automaker Fiat Chrysler Warns Force Closure Of European Plant Due To Coronavirus
February 07, 2020 02:11 PM GMT| By Team Kalkine MediaAs the coronavirus outbreak wreaks havoc on a rapidly expanding list of multinationals, Fiat Chrysler Automobiles NV (NYSE: FCAU) has warned it could close a plant in Europe. The company is concerned over the affected supply of parts from China and h...
European Shares Drop on Coronavirus Cases and weak Euro Zone Data
January 31, 2020 08:00 PM GMT| By Team Kalkine MediaTrading in the negative territory, European stocks gave up previous gains on 31st January 2020 after Italy and the United Kingdom corroborated their initial coronavirus cases, and a set of depressing euro-zone signs also weighing on senti...
