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News
Market Updates: 5 January
January 05, 2021 08:23 PM AEDT| By Hina ChowdharyFTSE 100 likely to open in red as England enters another national lockdown UK stock markets are set to open in red on Tuesday, 5 January, as Prime Minister Boris Johnson, has once again announced a national lockdown in order to arrest the re...
England and Scotland: What are the new lockdown rules?
January 05, 2021 06:29 PM AEDT| By Kunal SawhneySummary New stay at home rules to last till 15 February in England and 31 January in Scotland A complete shutdown of schools and businesses to contain the coronavirus spread The British prime minister Boris Johnson announced last night tha.....
South African virus strain more dangerous than the UK mutant warn UK health officials
January 05, 2021 06:23 PM AEDT| By Team Kalkine MediaNew coronavirus mutation identified in South Africa is considered more infectious than the strain found in the UK. Experts say that there is no need to panic, even though the British Health Secretary, Matt Hancock, is very concerned about the late.....
Will 2021 Bring Respite for Last Year’s Worst Performing Commodities?
January 05, 2021 04:43 PM AEDT| By Team Kalkine Media2020 was the year of commodities. The broad segments of industrial, precious and energy commodities witnessed the consumption-demand shock, on the back of widespread lockdown measures and reduced industrial activities during the year. The price of.....
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Basic Material, Utility & Industrial Shares Lifted FTSE 100 Higher by 1.72%; US Equities Traded Lower
January 05, 2021 04:46 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 79.69 points or 2.12 per cent lower at 3,676.38, Dow Jones Industrial Average Index plunged by 615.78 points or 2.01 per cent lower at 29,990....
Stricter Lockdown Rules Could Be Imposed in England, Says Hancock
January 05, 2021 03:57 AM AEDT| By Kunal SawhneyEngland could witness stricter lockdown restrictions in the next few weeks with the invariably rising coronavirus cases at a time when the nation has just started inoculating the vulnerable patients with the Covid-19 vaccine co-developed by.....
Market Updates (2): 4 January
January 05, 2021 03:47 AM AEDT| By Hina ChowdharyFTSE 100 leaps over 3% on first trading day of 2021; GBP trips marginally vs USD UK stock markets welcomed the new year 2021 with a much-needed optimism as the onset of vaccination bolstered the investors’ confidence lifting the prospect...
Ferguson PLC (LON: FERG) sells off Wolseley UK to Clayton, Dubilier & Rice
January 05, 2021 01:39 AM AEDT| By Kunal SawhneySummary Ferguson to sell Wolseley to Clayton, Dubilier & Rice for £308 million The FTSE-100 stock aims at concentrating on its US operations after selling off its UK business Ferguson PLC (LON: FERG) has announced today that it h.....
China’s telecom shares dive after NYSE announces delisting
January 04, 2021 11:03 PM AEDT| By Team Kalkine MediaShares of Chinese telecommunications companies including China Mobile Communications Ltd (HKG: 0941), China Telecommunications Corp Ltd (HKG: 0728) and China Unicom (Hong Kong) Ltd (HKG: 0762) lost up to 5.6 per cent on Monday, 4 January, the first.....
Ireland’s manufacturing sector shows growth in December, reveals survey
January 04, 2021 11:00 PM AEDT| By Kunal SawhneyThe latest survey results published by the AIB and IHS Markit show that the Ireland's manufacturing sector has shown a good growth momentum in December as the businesses prepared for the end of the Brexit transition period by stocking up supplies a.....
Atlas Copco Acquires Nano Purification Solutions Brand
January 04, 2021 10:57 PM AEDT| By Hina ChowdharyAtlas Copco AB, a prominent name in the industrial tool industry, has acquired the operating business of compressed air and gas company Purification Solutions LLC and some of its associates. Purification Solutions LLC, which operates under the bra.....
Bitcoin, Ethereum, Dogecoin & Ripple: How Are Cryptocurrencies Faring?
January 04, 2021 10:55 PM AEDT| By Hina ChowdharyCryptocurrencies are rallying worldwide, led by the unprecedented surge in Bitcoin, which outperformed all asset classes in 2020. The largest cryptocurrency breached US$ 34,000-mark on January 3, jumping by 7.8 per cent within 24 hours. Meanwhile, t...
OPEC forecasts downside risks in H1 2021 as it contemplates boosting supply
January 04, 2021 09:11 PM AEDT| By Kunal SawhneyThe Organization of Petroleum Exporting Countries (OPEC) members and their partners will be meeting today (4 January) to discuss output levels for the month of February. The meet will be held via the video-conferencing route. This comes after a pr.....
Is Jack Ma Missing Since Criticizing Chinese Govt?
January 04, 2021 08:40 PM AEDT| By Team Kalkine MediaThe whereabouts of high-profile Alibaba founder Jack Ma has been the hot topic for a while now. Reports have it that the billionaire has been allegedly missing since criticizing the Chinese government, having not made any public appearances in over.....
What does the post-Brexit era mean for the British and EU citizens?
January 04, 2021 08:39 PM AEDT| By Edita Ivancevicing rights. The United Kingdom officially moved out of the European Union on 1 January 2021, fully agreeing to the Brexit terms and conditions, which were voted for in 2016. However, the UK had left the EU earlier than 1 January. The EU, the UK...
AA Plc (LON: AA.) faces £44 million court claim slapped by Motoriety
January 04, 2021 07:56 PM AEDT| By Team Kalkine MediaAA Plc (LON: AA.) is facing a £44 million court claim from the founders and backers behind an app Motoriety. Founders of Motoriety, Oliver Astley and Lucy Burnford have alleged the insurance stalwart AA of “fraudulent m...
Dogger Bank's giant turbines set to change UK renewable energy field
January 04, 2021 07:56 PM AEDT| By Team Kalkine MediaThe construction has progressed on the Dogger Bank windfarm, the biggest windfarm ever built and an engineering marvel that presents a significant change in the field of renewable energy. The steel structures, each weighing...
MGM Resorts to buy British gaming company Entain (LON: ENT)
January 04, 2021 07:55 PM AEDT| By Team Kalkine MediaMGM Resorts International is mulling to buy British gaming company Entain plc, the owner of gambling brand Ladbrokes, which has a market value of abou...
A Roller-Coaster Ride for Wall Street In 2020; What To Expect Ahead?
January 04, 2021 07:07 PM AEDT| By Team Kalkine MediaThe benchmark index S&P 500 has broken the ‘Rectangle Pattern’ at 3,602.50 level and prices made a new all-time high. After consolidating in the range for more than 3 months, the index registered a decisive breakout that suggests a .....
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Britain begins mass vaccination of AstraZeneca shots
January 04, 2021 06:56 PM AEDT| By Team Kalkine MediaSummary More than 500,000 doses to be available from today, being delivered at 730 established sites to begin with Vaccination sites to be increased to more than 1,000 within few day The first set of doses of the Oxford-AstraZeneca vaccine.....
AI on the Rise: A Look at Top AI Companies and Their Stocks