News

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...

British Equities Ended in Green; Bank of England Increased Bond Buyi...

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 77.58 points or 2.25 per cent higher at...

Worried over a double-dip recession, UK extends furlough and BoE pro...

  The fears of the UK economy moving towards a double-dip recession might just turn out to be true, if one goes by the latest PMI survey results...

FCA predicts disruptions in financial markets post the end of Brexit...

British watchdog Financial Conduct Authority has said that there could be unexpected disruptions in the country’s financial markets if Brexit ne...

Bank of England Injects £150 Billion Stimulus into UK Economy

The Bank of England has decided to give another fresh stimulus package of £150bn ($194bn) for the UK economy in the wake of the second lockdown...

Brown (N.) Group Plc reports a 17.6% decline in H1FY21 revenue

Brown (N.) Group Plc (LON: BWNG) has released its results for the half year ended 29 August 2020. The overall group revenue declined by 17.6 per ce...

AstraZeneca Plc’s Lynparza get EU approval for ovarian cancer and mC...

AstraZeneca Plc (LON: AZN) and Merck & Co., Inc developed Lynparza has received approval from the EU (European Union) first-line maintenance treat...

Vodafone Group’s Egyptian arm acquires 40 MHz of spectrum

Vodafone Group Plc’s (LON: VOD) arm Vodafone Egypt has received 40 MHz of 2.6 GHz TDD spectrum from Egypt’s regulatory and competition aut...

Lloyds Banking Group Plc resumes job cuts

    Lloyds Banking Group Plc (LON: LLOY) has resumed the job cuts and announced around 1,000 job redundancies.   The financial se...

Marks & Spencer group post its first-ever loss

Covid 19 has taken a toll on the business of Marks & Spencer Group Plc (LON: MKS), as the retailer has posted its first-ever loss for the H1 ended...

FTSE 100 gains 5% in 3 days as Biden, Trump fight it out hard in US...

UK stock markets have been on a gaining spree from the last three days with Democratic presidential candidate Joe Biden leading over President Donald...

 Countryside homes shine as city properties lose luster post Covid

Summary House property prices in the British countryside have hit a four-year high with Worcester and Cobham witnessing the highest buyer traffic...

UK Lockdown 2.0 - Which Businesses Are Staying Open and What Is Diff...

The second coronavirus lockdown will come into force in England from 5 November midnight till 2 December, which will lead to the closure of non-essent...