News

UK Car Production Plummets 18.2 Per Cent in October

The car production in the UK has fallen by 18.2 per cent in October as the coronavirus spread, and the frequent lockdowns continue to impact the marke...

Why DJIA, S&P 500 Ended in Red A Day After Climbing to Record High

Summary US stock markets ended in red on Wednesday While Nasdaq Composite concluded on a positive footing, the main stock indices DJIA and S&P...

Penguin makes a splash in publishing industry with $2M Simon & Schus...

German media group Bertelsmann, through its company Penguin Random House (PRH), is set to buy publisher Simon & Schuster at USD 2.17 billion from...

BoE Governor Warns A No-deal Brexit Would Cost More Than Covid-19

The UK could see a bigger economic slump than the coronavirus pandemic has caused if Britain decides to move ahead without a trade deal with the Europ...

Sunak’s spending review 2020 at a glance

  The UK Chancellor Rishi Sunak released the public spending plan on Wednesday 24 November, setting out the government’s allocations to di...

British Equities Traded Lower on Virus Concerns; Shares of Unilever...

US 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 low...

How will a change in the Capital Gains Tax regime benefit the govern...

The United Kingdom could be moving into a new Capital Gains Tax regime where these taxes can double up from their current levels, according to the Off...

How prepared is the UK auto sector for a no-deal Brexit?

With Brexit negotiations reaching the final rounds, the UK automotive industry has recently submitted a petition for a zero-tariff trade deal. The cal...

Helical Plc (LON: HLCL) reports an IFRS loss before tax of £12.7mill...

  Helical Plc (LON: HLCL) has released its results for the six months to 30 September 2020. The company reported an IFRS loss before tax of &...

GlobalData Plc (LON: DATA) reports 5% revenue growth for 10 months e...

  GlobalData Plc (LON: DATA) has released a trading update for the 10 months to 31 October 2020. There was 5 per cent growth in revenue, excl...

Future Plc (LON: FUTR) reports 53% surge in revenue for FY20

  Future Plc (LON: FUTR) has released its results for the year ended 30 September 2020. Revenue for the year surged by 53 per cent to £...

Compass Group Plc (LON: CPG) financials get severely impacted by COV...

  Compass Group Plc (LON: CPG) has reported a severe impact of COVID-19 on the business from the late Q2, which led to the weak financial year....

Sensyne Health Plc (LON: SNS) signs SRA with Hampshire Hospitals NHS...

  UK Clinical AI company Sensyne Health Plc (LON: SNS) has entered a five-year non-exclusive Strategic Research Agreement (SRA) with Hampshire H...

Keywords Studios Plc (LON: KWS) to acquire g-Net Media, Inc.

  Keywords Studios Plc (LON: KWS) is going to acquire a Los Angeles-based provider of marketing services to the video games and entertainment in...

US Market Surge, Dow Breaks the Historic High Level Of 30,000

US stock markets surged sharply to record highs on Tuesday with the Dow Jones Industrial Average breaking the historic level of 30,000 amid positive v...

JPMorgan red-flagged again, coughs up US$250 million as penalty

Multinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regula...

Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the...

On 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle...

Bitcoin Reclaims USD 19,000 After Three Years, What’s Driving the Ra...

Bitcoin has once again reclaimed the USD 19,000 mark, climbing to a high of USD 19,349.0 yesterday and is presently trading at USD 19,169.00, marking...

London Markets Accelerated as Joe Biden’s Presidential Transition St...

US 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...

Keywords Studios Plc (LON: KWS) reports stronger than expected perfo...

  Keywords Studios Plc (LON: KWS) has released a trading update, reporting a stronger than expected performance despite COVID-19 limitations....