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UK Markets’ Ended in Green; Gold Price Slipped Below $1,800 Level
November 27, 2020 03:41 PM GMT| 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...
FTSE AIM Index Ended in Green; Crude Oil Prices Dipped from Seven-month Highs
November 27, 2020 03:37 PM GMT| By Team Kalkine MediaEuropean News: The London market traded in the red, whereas the European market traded in the green. As the second lockdown hits the UK, the workers on furlough are at the highest level since June 2020. Rishi Sunak states that the UK’s record b...
BBVA and Sabadell Put the Merger on Hold Due to Disagreement on Financial Terms
November 27, 2020 12:39 PM GMT| 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 10:38 AM GMT| 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 10:37 AM GMT| 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 10:36 AM GMT| 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 10:36 AM GMT| 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 10:35 AM GMT| 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 10:34 AM GMT| 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 10:33 AM GMT| 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 09:59 AM GMT| 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 09:47 AM GMT| 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 09:11 AM GMT| 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 08:01 AM GMT| 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 06:55 AM GMT| 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 06:29 AM GMT| 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.....
US online real estate player Compass plans to go public
November 27, 2020 02:35 AM GMT| By Hina ChowdharyCompass, a new age property broker, is believed to have hired investment bankers to take the company public, according to reports. It uses technology and talent to deliver real estate broking services in the US markets, operating across coasts and.....
FTSE AIM Index Ended in Green; Crude Oil Prices Dipped from Seven-month Highs
November 26, 2020 05:09 PM GMT| By Team Kalkine MediaEuropean News: The London market traded in the red, whereas the European market traded in the green. As the second lockdown hits the UK, the workers on furlough are at the highest level since June 2020. Rishi Sunak states that the UK’s record b...
FTSE 100 Oscillates in Red as Government Announces Its New Covid-19 Rules
November 26, 2020 04:39 PM GMT| By Hina ChowdharyUK stock markets traded in the negative territory after starting marginally higher on Thursday as the government announced its new rules for the upcoming days in wake of the pandemic. The headline index FTSE oscillated between a range of 6,412.65 and...
Amigo Holdings Plc (LON: AMGO) witnesses a 21% decline in H1 2021 customer number
November 26, 2020 12:42 PM GMT| By Team Kalkine MediaAmigo Holdings Plc (LON: AMGO) has released the results for the six-month period ended 30 September 2020. For the first half of the year, the number of customers declined by 21 per cent to 176k as compared to 222.8k in H1 2020. The compan...
