News

Why did the streaming video service Quibi fall?

A once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbl...

easyJet plc enters deal to sale and leaseback another 11 aircrafts

  easyJet Plc (LON: EZJ) has announced sale and leaseback of another eleven aircraft. The transactions with two counterparties are going to g...

Empire Metals Limited updates about RC drilling at Eclipse Gold Proj...

  Empire Metals Limited (LON: EEE) has updated about an RC (reverse circulation) drilling results at the Eclipse Gold Project. The project is...

Morgan Advanced Materials Plc reports a 9.8% decline in sales for 9M...

  Morgan Advanced Materials Plc (LON: MGAM) has released a trading update for the third quarter. The group’s sales for the nine months...

Ethereum 2.0 Set to Go Live On 1 December, May Outperform Bitcoins

The next-generation version of the Ethereum blockchain, which has been in the works for many years, is set to go live on 1 December 2020. The newly l...

A Walk Through European EV market: How Government Subsidies & Cost-E...

The mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dism...

5 emerging Tech trends to rock the world after coronavirus

The value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19....

FTSE 100 Ended Marginally in Green; US Stocks Traded Lower due to El...

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 1.65 points or 0.05 per cent lower at 3,50...

Furlough extension: impact on UK economy and employment

  The extension of the popular furlough scheme till end of March 2021 has been described as a lifeline for the businesses and workers struggling...

Ex-BHS Owner Dominic Chappell Gets 6-Year Jail for Tax Evasion

Summary Dominic Chappel, a British businessman and former racing driver has been convicted of defrauding the income tax authorities Mr Chappell ha...

Premier Foods Plc to dispose of its interest in Hovis Holdings

  Premier Foods Plc (LON: PFD) will be disposing of its interest in Hovis Holdings Limited to Endless LLP. The company along with its joint v...

Beazley Plc’s Gross premiums written increases by 16% for 9M 2020

  Beazley Plc (LON: BEZ) has released the trading statement for the nine months period ended 30 September 2020. Gross premiums written for th...

HgCapital Trust Plc to sell Eucon Group

  HgCapital Trust Plc (LON: HGT) is going to sell Eucon Group to a leading German insurance group, VHV Group. Though, the terms of the transa...

Bentley to go fully electric by 2030

  In one of the most ambitious transition by any UK car manufacturers towards electric vehicles, Bentley has announced to stop making petrol car...

Arix Bioscience portfolio company to be acquired by Merck

  Arix Bioscience Plc’s (LON: ARIX) portfolio company VelosBio Inc will be acquired by Merck for $2.75 billion in cash. As per a defini...

RSA gets takeover proposal from Intact and Tryg

  RSA Insurance Group Plc (LON: RSA) has received a proposal from a consortium of two insurers, Intact Financial Corporation and Tryg A/S regard...

US Presidential Election 2020: Federal reserve interest rates hold s...

The Federal Reserve has pledged to take every step to sustain the U.S. economic recovery in coming months, which is threatened by...

Massive growth on the cards for Medical Equipment Repair Market

The medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to...

Japan Post agrees to sell Toll Global Express business

Japan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics sub...

US observed a surge in coronavirus cases after Election day

US has set a 1-day record for new coronavirus cases on 4 November. The average daily confirmed cases jumped to an all-time high in the US as the count...