News
Dogecoin Soars By 240%: What’s Behind This All-Time High Rally?
January 29, 2021 02:52 AM AEDT| By Kunal SawhneyThe dog-symbol crypto-coin, dogecoin, shot up by over 240 per cent in less than 24 hours after a popular but unverified twitter handle posted about the meme-crypto. At the time of writing this, DOGE was trading at its all-time high of US$ 0.024926 .....
Valneva starts large-scale production of Covid-19 vaccine in Scotland
January 29, 2021 01:35 AM AEDT| By Kunal SawhneySummary Valneva SE has started commercial manufacturing of its Covid-19 vaccine in Scotland. Following the development, shares of Euronext Paris-listed Valneva soared nearly 9 per cent in the intraday trade. The Valneva vaccine is in the Phase.....
2020 Marks the Lowest Four-Year Average Motor Insurance Price for the UK
January 29, 2021 12:47 AM AEDT| By Hina ChowdharyThe motor insurance premiums paid by Britons on an average seems to have gone down substantially during the year 2020. The pandemic-induced lockdowns have forced the Britons to stay indoors to mitigate the risk of spreading infections. Vehicular tr.....
RICS Survey Reveals Rise in Empty Shops and Office Spaces in the UK
January 28, 2021 09:17 PM AEDT| By Team Kalkine MediaThe coronavirus pandemic has indeed reshaped the economy and has also influenced people lives. The consequent lockdowns seem to have weighed down heavily on high-street retail shops. Even when the initial lockdowns were lifted, the high-street reta.....
Lab tests confirm BioNTech (NASDAQ: BNTX), Pfizer vaccine effective against new Covid-19 variants
January 28, 2021 09:15 PM AEDT| By Hina ChowdharyA new laboratory test report that analysed the coronavirus candidate of BioNTech/Pfizer has revealed that the jab is protective against the new variants of the SARS-CoV-2 virus and is easily adaptable.....
Johnson visits Scotland to quell support for an independence vote
January 28, 2021 06:40 PM AEDT| By Team Kalkine MediaBritish Prime Minister Boris Johnson would visit Scotland today for confronting the increasing support for a referendum on independence from the United Kingdom. Scottish First Minister Nicola Sturgeon has questioned if his trip is an.....
FTSE 100 set to open lower as Wall Street plunge renews jittery
January 28, 2021 05:52 PM AEDT| By Kunal SawhneyUK stock markets are set to open on a negative footing on Thursday, 28 January, tracking the downbeat Asian cues after the Wall Street recorded considerable losses in the previous session. All the major stock indices including the Dow Industrials, S&...
After Saudi Arabia, Iraq pitches in with Crude Oil production cut
January 28, 2021 02:48 PM AEDT| By Team Kalkine MediaIraq produced at an average of 3.821 Mbbl/day throughout the last quarter of 2020 as per the OPEC January MOMR data. To make up for the extra production than the decided quota, Iraq has announced a production cut of 25,000 bbls per day of crude oil.....
Tech giants report earnings: How did Apple & Tesla fare
January 28, 2021 02:30 PM AEDT| By Kunal SawhneyTechnology giants Apple and Facebook turned in profitable revenue reports amid high expectations for the holiday quarter. However, Tesla has provided some mixed bag results. Profitable quarter for Apple Apple revealed it had closed the book on 20.....
US stocks fall after Fed’s commentary; Dow slips 700 points
January 28, 2021 08:59 AM AEDT| By Team Kalkine MediaThe US benchmark equity indices slipped steeply on Wednesday as the investors reacted to the Federal Reserve’s January monetary policy commentary and weak earnings. The Federal Reserve kept the interest rates unchanged at near-zero. Fed said .....
UK and US Equities Inched Lower; Shares of Pearson Zoomed by 13.97%
January 28, 2021 06:52 AM AEDT| By Hina ChowdharyUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 43.32 points or 1.13 per cent lower at 3,806.30, Dow Jones Industrial Average Index contracted by 330.83 points or 1.07 per cent lower at 30,6...
Brexit rules prompt Amazon to restrict alcohol sale in Northern Ireland: Report
January 28, 2021 02:18 AM AEDT| By Kunal SawhneyUK-based broadcaster ITV PLC (LON: ITV) reported that US multinational company Amazon has stopped the sale of beers, wines, and spirits in Northern Ireland because of the new Brexi.....
Schroder UK Public Private Trust Plc (LON: SUPP) signs an agreement to sell a basket of seven assets to Rosetta Capital.
January 28, 2021 01:23 AM AEDT| By Team Kalkine MediaSchroder UK Public Private Trust Plc (LON: SUPP) signs an agreement to sell a basket of seven assets to Rosetta Capital....
Diurnal Group plc (LON: DNL) enters an exclusive licence agreement with Citrine Medicine, Inc. for Alkindi®.
January 28, 2021 01:23 AM AEDT| By Team Kalkine MediaDiurnal Group plc (LON: DNL) enters an exclusive licence agreement with Citrine Medicine, Inc. for Alkindi®....
LondonMetric Property Plc (LON: LMP) has acquired two urban logistics warehouses in London and Redditch.
January 28, 2021 01:22 AM AEDT| By Team Kalkine MediaLondonMetric Property Plc (LON: LMP) has acquired two urban logistics warehouses in London and Redditch....
Fresnillo Plc (LON: FRES) slumps over 11% as full-year attributable gold production decline by 12.1%.
January 28, 2021 01:21 AM AEDT| By Team Kalkine MediaFresnillo Plc (LON: FRES) slumps over 11% as full-year attributable gold production decline by 12.1%....
Pearson Plc (LON: PSON) surges around 12%, company’s Q4 Sales and profit were in line with expectations.
January 28, 2021 01:20 AM AEDT| By Team Kalkine MediaPearson Plc (LON: PSON) surges around 12%, company’s Q4 Sales and profit were in line with expectations....
Major LSE indices trade in red, FTSE 100 down by over 1.2%
January 28, 2021 01:20 AM AEDT| By Team Kalkine MediaMajor LSE indices trade in red, FTSE 100 down by over 1.2%...
Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze
January 28, 2021 01:17 AM AEDT| By Kunal SawhneyPresident Joe Biden’s order to halt new oil and gas leasing on federal land will have a rippling effect on the industry but it is part of his larger plan to make the US an absolute green economy by 2030. The president has signed an executive.....
AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage with EU
January 27, 2021 11:07 PM AEDT| By Team Kalkine MediaBritish-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, the EU has been threatening the company to stop the export of its coronavirus vaccine to other coun.....