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News
U.S. Oil & Gas Plc releases operational update at Eblana-9 well
November 28, 2020 06:52 PM AEDT| By Team Kalkine MediaU.S. Oil & Gas Plc has released an operational update stating on November 27, 2020, spudding of the Eblana-9 well took place. The well is targeting a prospect in Hot Creek Valley, Nevada, with an estimated 28 million barrels of oil. I...
Tesla (NASDAQ: TSLA) may announce the Full Self Driving software update in two weeks
November 28, 2020 06:51 PM AEDT| By Team Kalkine MediaElon Musk, Chief Executive Officer of Tesla Inc has reportedly revealed that probably there would be a wider roll-out of a new “Full Self Driving” software update in two weeks. Earlier he had said that the latest updates would...
Capita plc (LON: CPI) in talks with a PE firm Montagu for Education Software business sale
November 28, 2020 06:50 PM AEDT| By Team Kalkine MediaCapita Plc (LON: CPI), a company engaged in a consulting, transformation and digital services business has confirmed the media speculation regarding the potential sale of its Education Software Solutions business. The company has stated that it is...
Bitcoin standing tall amid the gloomy Pandemic Period
November 28, 2020 03:15 PM AEDT| By Hina ChowdharyThe most popular cryptocurrency, bitcoin is now a days creating a lot of buzz in the investor community thanks to the recent rally. The pandemic year 2020 has mostly been positive for digital payment systems, including the bitcoin. If we s.....
How A Delay in Brexit Decision Is Going to Impact UK Financial Services
November 28, 2020 03:14 AM AEDT| By Team Kalkine MediaThe ongoing transition process of Brexit, where the UK is all set to exit the European Union (EU) on 31 December, surrounds a wide range of business affairs that are required to be dealt with priority as the deadline is just a month away. The Boris J...
UK Markets’ Ended in Green; Gold Price Slipped Below $1,800 Level
November 28, 2020 02:41 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 13.98 points or 0.39 per cent higher at 3,643.63, Dow Jones Industrial Average Index increased by 52.05 points or 0.17 per cent higher at 29...
BBVA and Sabadell Put the Merger on Hold Due to Disagreement on Financial Terms
November 27, 2020 11:39 PM AEDT| By Kunal SawhneySpain’s Banco De Sabadell and BBVA have put their merger on hold following disagreements on the financial terms of the deal. It was one of the major deals in the banking sector in the EU this year. The markets have not taken this news well, f.....
UK tier system: How badly will it impact the pubs?
November 27, 2020 09:38 PM AEDT| By Hina ChowdharySummary The new tier system will be replacing the second lockdown in England next week. PM Boris Johnson has unveiled the arrangements for Christmas in the UK allowing the families to celebrate together. Though retail stands to benefit from th.....
Edenville Energy Plc (LON: EDL) still looking to handover operations at Rukwa to its strategic partner
November 27, 2020 09:37 PM AEDT| By Team Kalkine MediaEdenville Energy Plc (LON: EDL) has come up with its operational and corporate update. The company entered into discussions with Lind regarding the repayment terms of the funding agreement after the latter requesting the company to repay t...
Reach Plc (LON: RCH) report 16.2% growth in digital revenue
November 27, 2020 09:36 PM AEDT| By Team Kalkine MediaReach Plc (LON: RCH) has released the trading update for the period from 29 June to 27 November 2020. Led by increased customer engagement, the group’s digital revenue reported a growth of 16.2 per cent for the five months to 22 Nove...
Carclo Plc (LON: CAR) reports 11% decline in revenue from continuing operations
November 27, 2020 09:36 PM AEDT| By Team Kalkine MediaCarclo Plc has released its results for the first half of the financial year to 30 September 2020. Company’s revenue from continuing operations declined by around 11 per cent to £49.95 million as compared to £1 million in...
Immunodiagnostic Systems (LON: IDH) launches SARS-CoV-2 Antigen Rapid Tests
November 27, 2020 09:35 PM AEDT| By Team Kalkine MediaImmunodiagnostic Systems Holdings Plc has launched SARS-CoV-2 Antigen Rapid Tests (ART). The two SARS-CoV-2 ART kits offered by the company are now available for sale in the UK, European Union and other countries. Both the tests accept th...
IXICO Plc (LON: IXI) bags new study award
November 27, 2020 09:34 PM AEDT| By Team Kalkine MediaIXICO Plc (LON: IXI) has bagged a new study award worth £1.9 million for providing neuroimaging services. The study will aid a phase Ib/II clinical trial for Huntington's disease, which as per Chief Commercial Officer of IXICO Lammer...
Easyjet Plc (LON: EZJ) witnesses a sharp rise in demand for December flights
November 27, 2020 09:33 PM AEDT| By Team Kalkine MediaLow-cost airline Easyjet Plc (LON: EZJ) has witnessed a sudden spike in flight searches with hopes that UK-wide restrictions would be eased around Christmas. Easyjet has seen a 200 per cent increase in searches for flights and holida...
PM faces revolt from MPs as England put under toughest COVID curbs
November 27, 2020 08:59 PM AEDT| By Kunal SawhneySummary Most of the nation to be under two toughest level measures when the lockdown ends MPs to vote for the regulations on Monday, 70 Tories may refuse to back the PM It has emerged that almost 99 per cent of England’s popu.....
Royal Bank of Scotland Warns Online Selling Scams Could Peak on Black Friday
November 27, 2020 08:47 PM AEDT| By Team Kalkine MediaWith the increase in online commerce in the last few months of pandemic, the frauds and scams are on the rise in the country. Several banks have been receiving complaints from their customers that they have bought and pre-paid for a product online .....
Oxford Covid-19 vaccine faces questions after dosing error
November 27, 2020 08:11 PM AEDT| By Kunal SawhneyThough the recent back-to-back advancements in the development of a vaccine seemed to have enhanced the visibility of a silver lining in the fight against Covid-19 (SARS-CoV-2) virus, the hope of getting a clinically-approved vaccine remains bleak un...
CMA To Restrict Powers of US Tech Giants Google and Facebook in the UK
November 27, 2020 07:01 PM AEDT| By Hina ChowdharyIn a bid to bring a level playing field for smaller firms and curb the unfair market for consumers, the UK is going to impose a new competition regime in 2021 that will restrict the power of the tech giants such as Google and Facebook. The new cod.....
UK to replace RPI with CPIH as a measure of inflation from 2030
November 27, 2020 05:55 PM AEDT| By Kunal SawhneyBritain has finally decided to bring in a major reform in its financial system. It has been decided that the Retail Price Index, an inflation measure that has been in use in the country since 1947, will finally be replaced with the Consumer Price...
Trump comes closest to compromise; says will leave White House if Biden gets electors’ nod
November 27, 2020 05:29 PM AEDT| By Edita IvancevicCurrent US President Donald Trump said in a recent interview that he would peacefully leave the White House if president-elect Joe Biden gets voted for by the Electoral College. Mr Trump had not previously admitted anything related to his defeat i.....
AI on the Rise: A Look at Top AI Companies and Their Stocks