News
Sensyne Health Plc (LON: SNS) signs SRA with Hampshire Hospitals NHS Foundation Trust
November 25, 2020 11:43 AM GMT| By Team Kalkine MediaUK Clinical AI company Sensyne Health Plc (LON: SNS) has entered a five-year non-exclusive Strategic Research Agreement (SRA) with Hampshire Hospitals NHS Foundation Trust. The agreement will enable the fair application of clinical AI rese...
Keywords Studios Plc (LON: KWS) to acquire g-Net Media, Inc.
November 25, 2020 11:42 AM GMT| By Team Kalkine MediaKeywords Studios Plc (LON: KWS) is going to acquire a Los Angeles-based provider of marketing services to the video games and entertainment industries, g-Net Media, Inc. The acquisition is for a total consideration of up to US$32 million,...
US Market Surge, Dow Breaks the Historic High Level Of 30,000
November 25, 2020 07:35 AM GMT| By Kunal SawhneyUS stock markets surged sharply to record highs on Tuesday with the Dow Jones Industrial Average breaking the historic level of 30,000 amid positive vaccine news, President-elect Joe Biden’s transition and optimism for a strong economic recover...
JPMorgan red-flagged again, coughs up US$250 million as penalty
November 25, 2020 04:26 AM GMT| By Team Kalkine MediaMultinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regulators found a "pattern of misconduct" for risk management and other control failings in its wealth .....
Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the second richest man
November 25, 2020 03:06 AM GMT| By Team Kalkine MediaOn 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle car company's market value crossed the USD 500 billion-mark, Musk's net worth increased by nearly .....
Bitcoin Reclaims USD 19,000 After Three Years, What’s Driving the Rally?
November 25, 2020 01:58 PM AEDT| By Hina ChowdharyBitcoin has once again reclaimed the USD 19,000 mark, climbing to a high of USD 19,349.0 yesterday and is presently trading at USD 19,169.00, marking the first rally over the last three years to see the crypto asset above the USD 19,000 mark. The ma...
London Markets Accelerated as Joe Biden’s Presidential Transition Started; FTSE 100 up 1.55% & Dow Jones Hits 30,000
November 24, 2020 04:39 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 59.61 points or 1.67 per cent higher at 3,637.20, Dow Jones Industrial Average Index increased significantly by 506.00 points or 1.71 per ce...
Keywords Studios Plc (LON: KWS) reports stronger than expected performance
November 24, 2020 02:30 PM GMT| By Team Kalkine MediaKeywords Studios Plc (LON: KWS) has released a trading update, reporting a stronger than expected performance despite COVID-19 limitations. Backed by continued strong trading since the half year results announcement in September 2020, the...
Capital Limited expands business with two new contracts at Bulyanhulu Gold Mine
November 24, 2020 02:29 PM GMT| By Team Kalkine MediaCapital Limited (LON: CAPD) has expanded its operations with two new contracts in Tanzania at Bulyanhulu Gold Mine of Barrick Gold Corporation. The company had started operations at Bulyanhulu in February 2020, embarking on a convoluted de...
Foxtons Group Plc (LON: FOXT) to acquire of Aston Rowe Holdings and its subsidiary
November 24, 2020 02:28 PM GMT| By Team Kalkine MediaFoxtons Group Plc (LON: FOXT) is going to acquire the entire issued share capital of Aston Rowe Holdings Limited and its subsidiary Aston Rowe Limited. The cash consideration for the deal is £2.2 million on a cash and debt free basis...
Aviva Plc (LON: AV.) to sell entire stake in Aviva Vita to UBI Banca
November 24, 2020 02:28 PM GMT| By Team Kalkine MediaAviva Plc (LON: AV.) has agreed to sell its whole 80 per cent stake in the Italian life insurance JV (joint venture) Aviva Vita to its minority partner UBI Banca for €400 million. CEO Amanda Blanc has said that the sale of JV is an im...
JD Sports Fashion Plc (LON: JD.) in exclusive talks to acquire Debenhams
November 24, 2020 02:27 PM GMT| By Team Kalkine MediaJD Sports Fashion Plc (LON: JD.) is reportedly in exclusive talks with British department store chain Debenhams over a rescue takeover deal. The company is said to have started a dialogue with Lazard, Debenhams’ adviser and administr...
AA Plc (LON: AA.) is considering £218 million takeover bid from TowerBrook and Warburg Pincus
November 24, 2020 02:26 PM GMT| By Team Kalkine MediaAA Plc (LON: AA.) has received a formal takeover proposal from TowerBrook and Warburg Pincus. The ailing motoring group has indicated that it would be taken back into private equity ownership by accepting the £218 million takeo...
FTSE 100, FTSE 250 Jump 1% As Trump Agrees Biden Transition, Covid-19 Vaccine Optimism Supports Rally
November 24, 2020 01:38 PM GMT| By Hina ChowdharyUK stock markets surged in the early morning trades on Tuesday, after US President Donald Trump agreed to start the Joe Biden’s transition. A rally was observed in the market today with the headline indices FTSE 100, FTSE 250,.....
How Are Businesses Encashing the Gold Bonanza?
November 24, 2020 01:00 PM GMT| By Hina ChowdharyGold has been quite the charmer as a safe haven asset in 2020 with the spot price vaulting to a record high of USD 2,073.41 per ounce in August 2020. The impeccable rally in gold prices has brought a smile on many faces with several banks, royalty .....
Game over for Trump? Emily Murphy finally gives the green light to Biden’s transition
November 24, 2020 12:07 PM GMT| By Edita IvancevicIt has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely, as a new American president means a big deal for everyone, on various fronts – stock markets.....
Will things get back to normal by Easter as Britain rolls out vaccine in December?
November 24, 2020 10:09 AM GMT| By Hina ChowdharySummary Covid-19 vaccine to begin getting administered before Christmas Government has introduced new legislations allowing a larger number of healthcare workers to administer the jab The health minister Matt Hancock said that the .....
What does the new COVID-19 evidence tell us about the future?
November 24, 2020 10:03 AM GMT| By Edita IvancevicWinter is coming to the northern hemisphere. Usually, individuals get quite excited around the holidays. However, this year Christmas and New Year might not bring the same amount of joy as they used to. Even after the coronavirus’s first bir.....
What Can Be Expected from Nielsen Holdings’ (NYSE: NLSN) Virtual 2020 Investor Day?
November 24, 2020 08:05 AM GMT| By Kunal SawhneyThe global data analytics firm Nielsen Holdings plc (NYSE: NLSN) said it is going to host a virtual 2020 Investor Day on 9 December 2020 to share the company’s current transformation, growth strategy and prospects. The event, which will be hel...
Which all UK industries are likely to benefit most if VAT relief is extended?
November 24, 2020 07:41 AM GMT| By Kunal SawhneyThe UK government had reduced Value Added Tax on hospitality services from the current 20% standard rate to the reduced rate of 5% on 8 July and then further extended the period from 13 January until 31 March in a bid to save the sector from furthe.....