AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
News
Eurostar asked to inform customers about refunds for cancelled trips
December 25, 2020 02:28 AM AEDT| By Team Kalkine MediaThe Office of Rail and Road has asked Eurostar to inform travellers whose trains have been cancelled and how to get a full refund. Passenger watchdog London TravelWatch had received many complaints from customers who said Eurostar is burying refun...
Market Updates (2): 24 December
December 25, 2020 01:14 AM AEDT| By Team Kalkine MediaFTSE 100 ends in green, USD/GBP crosses 1.36 as investors await Brexit deal outcome UK stock markets ended flat on Thursday, 24 December, in a shortened session on account of Christmas Eve, as investors waited with bated breath for a conclusiv...
Alibaba’s Shares Drop as Chinese Regulators Launch Investigation into Its Market Practices
December 24, 2020 09:45 PM AEDT| By Kunal SawhneyChina’s market regulator State Administration for Market Regulation (SAMR) said that they have rolled out an antitrust investigation into the e-commerce giant Alibaba Group Holding Ltd for its trade practice. Reports said that Alibaba has bee.....
Anheuser-Busch InBev SA/NV enters a strategic partnership with Apollo-Led Consortium
December 24, 2020 07:19 PM AEDT| By Hina ChowdharyLeading global alternative investment manager with assets under management of approximately $433 billion Apollo Global Management Inc (NYSE: APO) and a group of institutional investors have made a strategic decision to acquire a 49.9 per cent stake.....
UK and EU to Announce A Trade Deal on Christmas Eve
December 24, 2020 06:52 PM AEDT| By Kunal SawhneyThe UK and EU seem to have reached a suitable Brexit trade and security deal. It was reported that UK PM Boris Johnson held a late-night conference call with his Cabinet and senior ministers on the new Brexit deal. EU negotiators in Brussels have a.....
Market Updates: 24 December
December 24, 2020 06:48 PM AEDT| By Team Kalkine MediaFTSE 100 set to open higher as UK-EU are reportedly on verge of signing Brexit trade deal ahead of Christmas UK stock markets are poised to start on a higher side on Thursday, 24 December, ahead of Christmas Eve as the United Kingdom, and the Europe...
.jpg)
Why did China start investigating into Alibaba on monopolistic behaviour?
December 24, 2020 05:52 PM AEDT| By Hina ChowdharyChinese regulators have launched an antitrust investigation into Alibaba Group and will meet Ant Group, the tech giant affiliate, in the upcoming period. Alibaba Group is the largest e-commerce player across the globe by total sales volume. .....
Google Partners with Aramco to Tap Saudi Cloud Market
December 24, 2020 01:43 PM AEDT| By Hina ChowdharyGoogle and Saudi Aramco have joined hands to add the Kingdom to the global network of Google Cloud Platform. Under the deal, the technology giant would start selling its cloud computing services to the Saudi market through state-owned oil behemoth Ar...
British and European Equities Rallied; FTSE 100 Accelerated by 0.66%
December 24, 2020 04:51 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 12.84 points or 0.35 per cent higher at 3,700.10, Dow Jones Industrial Average Index surged by 150.85 points or 0.50 per cent higher...
Market Updates : 23 December
December 24, 2020 03:29 AM AEDT| By Team Kalkine MediaFTSE 100 extends gain, GBP jumps 1.7%; Wall Street opens in green UK stock markets moved slightly higher in the late afternoon deals on Wednesday, 23 December, with the headline stock index FTSE 100 extending the morning gains taking the posit...
MelodyVR Group Plc (LON: MVR) enters a partnership with Singtel
December 24, 2020 03:16 AM AEDT| By Team Kalkine MediaMelodyVR Group Plc (LON: MVR) has expanded its reach in Asia with foray in the Singaporean market in partnership with The Singtel Group. The Singtel Group, which is one of Asia's leading communications technology company having over 700 million mo...
Royal Mail (LON: RMG) settles union dispute, assures 2.7% pay hike from April 2020
December 24, 2020 03:15 AM AEDT| By Team Kalkine MediaRoyal Mail Group Plc (LON: RMG) workers have sealed a pay deal with its owners which would end a two-year dispute on job security, pay and hours. The Royal Mail and the Communication Workers Union were fighting over a £1.8 billion reorganiza...
Toyota to close UK and French plants due to the travel ban
December 24, 2020 03:12 AM AEDT| By Team Kalkine MediaFollowing the travel ban and border closure, Toyota Motor has decided to stop production at its British and French plants before the pre-decided schedule. Generally, the factories would have closed on Christmas Eve and remained shut until 4 Januar...
Hopes of Post-Brexit Trade Deal Are Rising: UK Cabinet Minister
December 24, 2020 02:30 AM AEDT| By Kunal SawhneyThe UK government is keen on negotiating with the European Union for a free trade agreement and simultaneously has been managing the severe Covid-19 pandemic which has severely disrupted the economy. The Brexit deal has taken a backseat due to the.....
New virus strain: EU starts to ease bans, WHO to meet
December 23, 2020 10:48 PM AEDT| By Hina ChowdharySummary Europe began to lift travel bans that were put in place to curb the virus from 23 December The EU has insisted virus tests be carried out on passengers within 72 hours before travel Just as the first doses of vaccines sparked .....
Did Apple Missed the Fortune by Refusing To Meet Musk When He Wanted To Sell Tesla (NASDAQ: TSLA)?
December 23, 2020 10:41 PM AEDT| By Kunal SawhneyIt was the darkest days for Elon Musk, and he had no options but to sell his company. But he could not as Apple Inc CEO didn’t have the time. Musk, the CEO of California-based electric vehicle and clean energy company Tesla Inc (NASDAQ: TSLA).....
NHS asks Johnson to extend the Brexit transition period
December 23, 2020 10:27 PM AEDT| By Team Kalkine MediaThe National Health Service has requested the prime minister Boris Johnson to extend the Brexit transition period by 30 days. The health body feared that a no-deal situation could risk the patient health during the coronavirus crisis. The B.....
SoftBank Group floats blank check company for special acquisition
December 23, 2020 08:47 PM AEDT| By Kunal SawhneySoftBank Group Corporation has recently filed an application to float a blank check company with which it is expecting to raise an amount equivalent to $525 million. The fundraising via the blank check company may rise to $603 million if the underw.....
FTSE 100 likely to open flat as GBP strengthens vs USD; Brexit deal, virus response in focus
December 23, 2020 07:12 PM AEDT| By Kunal SawhneyUK stock markets are likely to open largely unchanged on Wednesday, 23 December, with the headline FTSE 100 stock index starting off on a flat note as market participants await a constructive development in connection with the post-Brexit trade agree...
Trump calls the ‘Covid stimulus package’ a disgrace, threatens not to sign it
December 23, 2020 05:45 PM AEDT| By Team Kalkine MediaThe US President Donald Trump rejected the $900 billion coronavirus support package which was approved by a majority by leaders of both chambers of Congress. The aid includes desperately needed funds for the US citizens, but Trump wants the size of.....
AI on the Rise: A Look at Top AI Companies and Their Stocks