News
Norwegian Cruise Line (NYSE: NCLH) highlights achievements in 2019 stewardship report
December 15, 2020 12:03 PM GMT| By Hina ChowdharyLeading global cruise company Norwegian Cruise Line has come out with its latest stewardship report highlighting its achievements on environmental, social and governance fronts as part of its global sustainability program -- Sail & Sustain. Th.....
British Insurers Extend Support Yet Again for Covid-19 Until March
December 15, 2020 10:28 AM GMT| By Hina ChowdharyThe probability of coming out of the adversities caused by the pandemic is getting stronger on the backdrop of a potential Covid-19 vaccine. Amid the positive sentiment of the mass vaccination, the insurance industry has decided to extend support t.....
Will the US Face Critical Shortage of Covid-19 Vaccine Doses?
December 15, 2020 08:42 AM GMT| By Team Kalkine MediaThere has been a wave of jubilation in the US after the Food and Drug Administration (FDA) granted the emergency use authorisation for the coronavirus vaccine co-developed by Pfizer Inc and BioNTech SE. As the US has the highest number of reported .....
Disney+ on cloud nine after engaging billion-plus subscribers
December 15, 2020 07:22 AM GMT| By Edita IvancevicSince its launch in November 2019, Disney Plus has attracted a significant number of subscribers, becoming one of the most notable competitors to Netflix. Last week, the streaming platform held an online event, where it presented its goals and ide.....
Google services’ global outage: Here’s what exactly happened?
December 15, 2020 05:53 AM GMT| By Edita Ivancevicwere forced to take a break or an entire day-off until the problem was rectified. Numerous Google and YouTube services, including Gmail and Google Drive, suffered a 45-minute outage on Monday, disrupting the operations of schools and work envir....
China turns up the heat on trade war, bans Australian coal
December 15, 2020 04:13 AM GMT| By Edita Ivancevice A$14 billion coal industry joins the show, raising anxiety in Australian miners. Chinese authorities are thought to have confirmed a formal ban on A$14 billion coal imports from Australia on Monday night. Since then, the Australian government...
Biden Gets Green Signal from Electoral College to Become 46th US President
December 15, 2020 02:52 AM GMT| By Team Kalkine MediaOn Monday, 14 December 2020, the US president-elect Biden got a substantial majority of votes in the Electoral College. This confirms his victory in the last month's presidential elections and affirms that he would be the next president of the US. .....
FTSE 250 Index Surged by 0.72%; Polypipe Group Stock Traded Higher by 11.38%
December 14, 2020 05:50 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 32.64 points or 0.89 per cent higher at 3,696.10, Dow Jones Industrial Average Index surged by 242.99 points or 0.81 per cent higher at 30,2...
Another hour-long Google service outage in six months, Gmail, Google Drive affected
December 14, 2020 04:01 PM GMT| By Team Kalkine MediaThe services of global tech conglomerate Google were down for the fourth time this year after 90 per cent of the users failed to log in into prime Google applications, such as Gmail, YouTube, Google Drive, Google TV and Google Play. Although the Go.....
AstraZeneca (LON: AZN) shares tumble 9% after $39-billion Alexion (NASDAQ: ALXN) deal
December 14, 2020 03:56 PM GMT| By Kunal SawhneySummary AstraZeneca shares slumped to an eight-month low after the announcement of the Alexion deal With the Monday’s plunge, the YTD return of the AstraZeneca stock has once again turned negative The shares of Cambridge-headquartere.....
UK Pubs December Sales to Be 90 Per Cent Low Than Normal
December 14, 2020 03:54 PM GMT| By Team Kalkine MediaThe UK’s leading trade association body British Beer & Pub Association (BBPA) has stated that the beer sales in pubs in December would be extremely low due to tier restrictions on pubs caused by the coronavirus pandemic. BBPA study shows...
Pfizer Covid-19 vaccination: Family doctors to administer doses
December 14, 2020 01:56 PM GMT| By Hina ChowdharySummary Pfizer/BioNTech SE vaccine is being rolled out to General Practitioners today, a week after the first dose was administered Most patients can receive vaccination services from today afternoon in clinics run by family doctors Englan.....
UK and EU Agree to Continue Brexit Deal Negotiations for Viable Solution
December 14, 2020 01:12 PM GMT| By Team Kalkine MediaUnable to come on a fruitful agreement, UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen have said they would keep discussing the free trade deal beyond the self-imposed deadline on Sunday in a bid to find a vi.....
Swindon plant of Honda to restart production
December 14, 2020 01:05 PM GMT| By Team Kalkine MediaThe Swindon car plant of Honda is going to restart its production on Monday which had stopped since last Wednesday due to unavailability of car parts as a delay in imports. The firm which was already facing adverse effects of the pan...
Chaos at British ports impact businesses
December 14, 2020 01:04 PM GMT| By Team Kalkine MediaChaos at British ports has started impacting different businesses. Ikea is the latest victim to be affected by the logjam. The company has apologised to its customers for shortages due to blockage. Food meant for British supermarkets...
Authentic Brand of the US in talks to acquire Arcadia and Debenhams
December 14, 2020 01:04 PM GMT| By Team Kalkine MediaAuthentic Brands of the US is said to be in talks with the administrators of Arcadia and Debenhams for a possible acquisition. The two companies owned by Sir Philip Green went into administration a few days ago risking 25,000...
Green energy: Government announces plans to support 220,000 British jobs, to start talks with EDF
December 14, 2020 12:12 PM GMT| By Kunal SawhneyThe UK government said that it is planning to support around 220,000 jobs across Great Britain as part of the Green Industrial Revolution project. The proposal is part of the government’s energy white paper, which chalked out the plan to deca.....
Alibaba (NYSE: BABA), Tencent Holdings (OTC: TCEHY) backed firms fined by Chinese market regulator
December 14, 2020 12:05 PM GMT| By Hina ChowdharyExercising its new law on anti-competitive business behaviour in the country, China has imposed a fine of CN¥ 500,000 each on China Literature and Shenzhen Hive Box for not providing proper details on recent M&A deals for anti-trust reviews.....
UK Manufacturers Body Warns of a Knockout Blow If Brexit Deal Not Secured
December 14, 2020 09:43 AM GMT| By Kunal SawhneyAs the UK and EU make best efforts to clinch a Brexit deal, Make UK has stated that in the absence of a trade deal, it will render a big knockout blow to the sector. The trade body has slashed the growth forecast for the sector from 5.1 per cent to.....
Global Economy to regain speed on a Bumpy Road to recovery
December 14, 2020 09:27 AM GMT| By Team Kalkine MediaThe global economy has shown its remarkable resilience as it gradually progressed through the COVID-19 pandemic. Though prospects for a way out of the crisis have risen, some countries are still battling the rising number of virus cases by re-impo.....