News

US, EU Planning Sanctions on Turkey for Buying Russian S-400 Air Def...

The US and EU are planning to inflict pressure on Turkey. While the US wants to put sanctions for buying S-400 missiles or air defence systems from Ru...

Anglesey Mining Plc (LON: AYM) reported reduction in loss for H1 FY...

  Anglesey Mining Plc (LON: AYM) has released its Half yearly report for the six months to 30 September 2020. For the reported period, the grou...

Rolls-Royce Holdings Plc (LON: RR.) on track to deliver £1.3 billion...

    Rolls-Royce Holdings Plc (LON: RR.) has released its trading updates for 11 months to end November. The company has stated that its r...

eEnergy Group Plc (LON: EAAS) to acquire Beond Group

    eEnergy Group Plc (LON: EAAS) has conditionally agreed to acquire the whole issued and to be issued capital of a renewable energy cons...

 JLR closes its Castle Bromwich factory for the shortage of material...

Jaguar Land Rover (JLR) has closed the production in the Castle Bromwich factory owing to unavailability of key materials due to Covid-19 crisis.&nbsp...

Britishvolt selects Blyth for the vehicle battery plant

  Car battery startup Britishvolt has picked up a site in north England for the £2.6 billion battery plant, which would start production i...

BDO not to pay back £4.5 million in furlough money

UK’s leading accountancy firm BDO has said it would not repay £4.5 million of furlough money, which it had received from the government....

How Walt Disney is expanding its direct-to-customer streaming

Summary At the latest Investor Day presentation, Walt Disney Company has said that it has more than 137 million paid subscribers in its direct-to-c...

Hyundai Motor to Acquire a Majority Stake in Robotic Firm Boston Dyn...

South Korean carmaker Hyundai Motor Group and its chairman Euisun Chung are set to acquire an 80 per cent stake in US-based robotic design manufacture...

Money doubled! Airbnb (NASDAQ: ABNB) skyrockets on market debut

Airbnb Inc (NASDAQ: ABNB) has entered the capital markets with a bang as the shares of the San Francisco-headquartered online home-sharing platform ra...

What is GoFundMe and how does it work?

oney is required. Raising money for any occasion is possible on GoFundMe, an online platform where anyone can start a campaign to crowdsource mon...

Pfizer’s COVID-19 vaccine receives a go-ahead sign from FDA Expert P...

In a significant recent development, the Pfizer-BioNTech coronavirus vaccine gets FDA officials panel's nod for the Emergency Use Authorization (EUA)...

Airbnb IPO debuts with a bang, share price doubles

It was a smashing debut for the much-awaited Airbnb IPO. On the first day of its listing, the stock price got more than doubled. The overwhelming resp...

Disney nails another milestone as subscribers soar in number

Entertainment giant The Walt Disney Company (NYSE:DIS) is only one year old in the online streaming service business, but the company seems to have le...

India’s Ambanis top the list of the richest families in Asia

g US$76 billion, following with the Kwok, Chearavanont, Hartono, and Lee families. Bloomberg posted the list of the wealthiest families in Asia i...

Energy and Basic Materials Shares Lifted FTSE 100 by 0.54%; Frasers...

US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 0.19 points or 0.01 per cent high...

How significant is the Singapore Trade Deal for the UK?

  The UK has signed a free-trade agreement (FTA) with Singapore, paving its way into the Asian market. Liz Truss, the International Trade Secret...

How Bitbond and BVDH launched Euro stablecoin

One of the oldest Germany’s banks Bankhaus von der Heydt and blockchain technology provider Bitbond have successfully launched the first-ever Eu...

XLMedia (LON: XLM) expands its presence in US Sports market with acq...

  XLMedia Plc (LON: XLM) has expanded its presence in the budding US Sports market with its acquisition of the sports gaming and sports betting...

Frasers Group Plc (LON: FRAS) reports a 7.4% decline in revenue for...

  Frasers Group Plc (LON: FRAS) has released its results of H1 FY21 for the period ended 25 October 2020. The Group’s overall revenue d...