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China’s Market Regulator Increases Probe After Sudden Default from State-Backed Coal Miner
November 24, 2020 02:46 AM GMT| By Team Kalkine MediaFollowing payment default from a state-backed coal miner, China’s market regulator, Financial Stability and Development Committee (FSDC) has intensified its investigation into bond sales. The default dragged in several banks, accounting firms.....
WorldRemit hires Paul Vogel of Spotify to its Board
November 23, 2020 09:03 PM GMT| By Team Kalkine MediaDigital remittance industry has been growing and is expected to grow even more in years ahead. The rising smartphone and internet usage, increasing digital-savvy customers going for digital remittances and an increase in payment automation and digi.....
Energy and Consumer Cyclical Stocks Lifted FTSE 250 Index by 0.39%; Capita Shares Expanded by 9.56%
November 23, 2020 05:30 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 14.06 points or 0.40 per cent higher at 3,571.60, Dow Jones Industrial Average Index increased by 185.55 points or 0.63 per cent higher at 2...
Which sectors could gain as the UK enters a tiered set of rules post 2 Dec?
November 23, 2020 03:31 PM GMT| By Kunal SawhneyThe UK government has decided to go in for a strict region-wise set of rules after the second lockdown gets over on 2 December. Though the decision is being opposed by the Opposition, health authorities are stressing upon it to avoid any spike befo.....
Jeff Bezos Funds African Fintech Start-Up Chipper Cash
November 24, 2020 01:37 AM AEDT| By Kunal SawhneyJeff Bezos seems to have broadened the bouquet of his investments as the world’s richest person has recently co-funded an African FinTech firm specialising in business payments, peer-to-peer (P2P) cash transfer and cryptocurrency trading includ...
Brexit: Britain and Canada To Trade Under EU Similar Terms After Transition Period
November 23, 2020 12:07 PM GMT| By Kunal SawhneyThe UK and the Canadian government have agreed to continue their bilateral trading on the same terms as that of the current European Union (EU) after the Brexit transition period gets over on 31 December. The deal in principle was agreed upon by B.....
Pfizer vaccine may soon get a go-ahead in the UK
November 23, 2020 12:06 PM GMT| By Team Kalkine MediaPfizer’s Covid-19 vaccine being developed in collaboration with BioNTech may get regulatory approval in Britain as early as this week. It has been reported that the vaccine candidate will get a go-ahead in the UK even before the US a...
Codemasters Group Holdings Plc records revenue surge to £80.5 million for H1 2021
November 23, 2020 12:05 PM GMT| By Team Kalkine MediaCodemasters Group Holdings Plc (LON: CDM) results for the six months ended 30 September 2020. For the reported period, the company recorded revenues of £80.5 million with three game releases, while in the same period previous year th...
Alfa Financial Software Holdings Plc bags contract from second UK Equipment Finance Company
November 23, 2020 12:04 PM GMT| By Team Kalkine MediaAlfa Financial Software Holdings Plc (LON: ALFA) has bagged a contract to deliver an Alfa Start application for a second UK Equipment Finance Company. Earlier this year, the company’s Alfa Start project in the UK had successfully gon...
Thruvision Group Plc report a modest decline in revenue to £4.7 million for H1 FY19
November 23, 2020 12:04 PM GMT| By Team Kalkine MediaThruvision Group Plc (LON: THRU) has released its results for the six months ended 30 September 2020. Revenues for the reported period decline modestly £4.7 million as compared to £4.8 million in H1 2019. Supported by careful...
Greencoat UK Wind Plc get hold of 49% stake in Humber Gateway offshore wind farm project
November 23, 2020 12:03 PM GMT| By Team Kalkine MediaGreencoat UK Wind Plc (LON: UKW) will be acquiring a 49 per cent stake in the Humber Gateway offshore wind farm from RWE. The company has agreed for the acquisition in association with several pension funds investing through a fund also co...
John Laing Group plc to increase stake in I-77 Mobility Partners
November 23, 2020 12:03 PM GMT| By Team Kalkine MediaJohn Laing Group Plc (LON: JLG) has pledged to invest an additional US$38.6 million to increase its shareholding in I-77 Mobility Partners. The group is acquiring 7.45 per cent of interest in I-77 Mobility Partners from an existing partner...
Now AstraZeneca-Oxford University COVID-19 Vaccine Shows High Efficacy
November 23, 2020 09:46 AM GMT| By Kunal SawhneyNovember is proving to be a super month for global stock markets. The COVID-19 vaccine being developed by the Oxford University and British-Swedish biopharmaceutical firm AstraZeneca (NASDAQ:AZN, AZNCF:US) could be about 90 per cent effecti.....
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What is it about Bitcoin that is luring millennials?
November 23, 2020 07:52 PM AEDT| By Edita IvancevicA relationship between millennials and digital assets is a never-ending story. This statement was, once again, proven after bitcoin rose by 37 per cent in November, bringing back the memories of December 2017. As of today, one bitcoin is worth A$2.....
Rishi Sunak: We want a Brexit deal, but not at any cost
November 23, 2020 08:31 AM GMT| By Kunal SawhneyRishi Sunak, the British Finance Minister admitted that there was genuine progress on Brexit negotiations between the UK and the European Union. At the same time, he said that it was better to walk away from a bad deal in case it was likely to tie .....
Asia ratchets up fight against COVID-19 as virus cases resurge
November 23, 2020 07:50 AM GMT| By Team Kalkine MediaThe Covid-19 pandemic originated in Asia in Wuhan, China and spread across the world. The first cases of Covid-19 were reported to the WHO on 31 December 2019. These cases reported in Wuhan were the first Covid-19 cases to be reported globally and .....
The US Plans First Vaccinations to Start Before Mid-December, Pfizer-BioNTech Application Under Review
November 23, 2020 06:12 AM GMT| By Team Kalkine MediaAfter the deadly COVID-19 pandemic hit the world, all eyes moved to how soon will there be a vaccine for the fatal virus, SARS-CoV-2. Speculations started building regarding the same, and we are already beyond the initial deadline set for September.....
Trump attempts to reverse the US election result
November 23, 2020 01:11 AM GMT| By Team Kalkine MediaUS Presidential election has been the most controversial election of 2020. The unrest caused by the US elections is still relentless with the defeated President Donald Trump’s continuous attempts to overturn the 3 November outcome. Donald Tr.....
Alba Mineral Resources Plc granted exclusive exploration rights for Gwynfynydd Gold Mine
November 22, 2020 06:00 AM GMT| By Team Kalkine MediaAlba Mineral Resources Plc (LON: ALBA) has been granted the exclusive exploration rights to the Gwynfynydd Gold Mine in north Wales. As per the terms of the award, it’s a six-year mineral exploration licence for the company. The gol...
How to rebalance the portfolio and stay on track in 2021?
November 21, 2020 04:33 PM GMT| By Hina ChowdharyPortfolio rebalancing is the practice of selling off share of some companies contained in one’s portfolio and buying of new ones based on the reviewed risk and return profile of such businesses. It involves raising or lowering the proportion.....
