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FTSE 100 rises for third straight week: Royal Dutch Shell gains 7%, Unilever cracks 6%
November 21, 2020 03:16 PM GMT| By Team Kalkine MediaSummary FTSE 100 has gained for the third consecutive week. The key index has advanced 14 per cent in November so far. Positive news around the Covid-19 vaccine has reinstated the hopes of a faster-than-expected recovery. UK stock markets .....
Will G20 Call on Private Lenders to Suspend Debt Repayments Make Any Difference?
November 21, 2020 03:09 PM GMT| By Hina ChowdharySummary The G20 meet this week have one their agenda to make a request to the private money lenders to suspend debt repayments till the situation improves on the pandemic and the unemployment front. The pandemic and the increase in unemployment.....
China’s recovery pace rises after reports of positive data for October
November 21, 2020 01:31 PM GMT| By Team Kalkine MediaWhen much of the world is struggling to prevent the shaky rebound from being derailed by new coronavirus outbreaks, China's economy seems to be on its way towards growth. China, the world's second-biggest economy is gradually recovering from the i.....
Britain to roll out record £400-bn public debt plan soon
November 21, 2020 12:39 PM GMT| By Hina ChowdharyRishi Sunak, Chancellor, UK Treasury will be announcing the largest public borrowing program in the British history since the second world war next week. It will take the total value of government borrowings for this financial year to £400 bi.....
FCA-PSA Merger: Investors to Meet in January To Approve Transaction
November 21, 2020 12:31 PM GMT| By Kunal SawhneyThe merger process of London-headquartered world’s eighth-largest automaker Fiat Chrysler Automobiles (FCA) and France-based automaker Peugeot SA (PSA) has moved a step forward. Both FCA and PSA have scheduled shareholders' meetings in Januar.....
How Are the British Pubs Coping Up with The Second Lockdown?
November 21, 2020 12:27 PM GMT| By Team Kalkine MediaTwo weeks into the second lockdown in the UK, the situation of the Pubs in the country does not seem to be as bad as it was during the first lockdown. This time the owners of these establishments seem to be better prepared to deal with the lockdown.....
Block Energy Plc updates about amendments in SPA
November 21, 2020 12:26 PM GMT| By Team Kalkine MediaBlock Energy Plc (LON: BLOE) has released an update on the acquisition of the Schlumberger Rustaveli Company Limited. The company informed that some amendments were made in SPA (sale and purchase agreement) announced 26 March 2020 with Sch...
Optivo Finance Plc reports decline H1FY20 total turnover to £154 million
November 21, 2020 12:26 PM GMT| By Team Kalkine MediaOptivo Finance Plc (LON: 20SY) has released its trading update for the six months to 30 September 2020. The company fully adjusted Housing operations, repairs & maintenance to new ways of working during the first half of the year and i...
Young & Co.’s Brewery Plc H1FY21 revenue slump by 67.2%
November 21, 2020 12:25 PM GMT| By Team Kalkine MediaYoung & Co.’s Brewery, Plc (LON: YNGA) has released the results for the 26 weeks ended 28 September 2020. The revenue of the company for the reported period slumped by 67.2 per cent to £55.1 million as compared to £16...
Immunodiagnostic Systems Holdings Plc reports 27% decline H1 FY21 revenue
November 21, 2020 12:24 PM GMT| By Team Kalkine MediaImmunodiagnostic Systems Holdings Plc (LON: IDH) has released its interim results for the six-month period ended 30 September 2020. The unaudited Group revenues for the reported period were 27 per cent lower than the same period last year on both...
G20 Summit: What are the key agenda points?
November 21, 2020 01:22 AM GMT| By Kunal SawhneyThe exacerbated pandemic situation rampant across the globe has hit the nations with massive economic shocks. Amidst the faltered economic scenario, the leaders representing the major economies are virtually attending the 15th meeting of Group of T.....
UK Public Sector Borrowing Hit £22.3 Billion In October 2020, Highest Since 1993
November 20, 2020 04:20 PM GMT| By Team Kalkine MediaThe British government’s public sector net borrowing has hit £22.3 billion in October 2020, £10.8 billion more than what it was in October 2019. The figure indicates the highest October borrowing since monthly records began in 19.....
BT Black Friday 2020 offers: All about fiber broadband-to-iPhone deal
November 20, 2020 02:56 PM GMT| By Kunal SawhneySummary BT Group Black Friday sales offer lucrative deals on its fibre broadband connection, iPhone SE, sim-only double data packages etc A large section of businesses has already launched their respective sales and discount deals for the Black.....
Argentex Group Plc reports decline in revenue for the H1 FY20 to £11.8 million
November 20, 2020 02:46 PM GMT| By Team Kalkine MediaArgentex Group Plc (LON: AGFX) has released its results for the six months ended 30 September 2020. Revenue for the period declined to £11.8 million versus £13.8 million for the period ended 30 September 2019. Profit after tax...
Thor Mining Plc to acquire an interest in the Alford East Project
November 20, 2020 02:45 PM GMT| By Team Kalkine MediaThor Mining Plc (LON: THR) has executed a binding term sheet for the company to acquire an interest in the oxide mineral rights from Spencer Metals Pty Ltd. As per the agreement, the company will be acquiring the direct interest of up to 8...
Personal Assets Trust Plc reports a 2.9% increase in NAV per share for H1 FY 21
November 20, 2020 02:44 PM GMT| By Team Kalkine MediaPersonal Assets Trust Plc (LON: PNL) has released its results for six months ended 31 October 2020. The company an investment trust run specifically for private investors has reported a 2.9 per cent increase in NAV (net asset value) per share for...
ONS survey finds one in seven companies fear the risk of collapse in the next three months
November 20, 2020 02:43 PM GMT| By Team Kalkine MediaA recent survey of the Office for National Statistics (ONS) has found that one in seven companies in the UK fear the risk of collapse in the next three months. The bulletin released by the ONS found that 7 per cent of businesses, across all indust...
Marks & Spencer to keep two-third of its stores open till midnight in Christmas week
November 20, 2020 02:42 PM GMT| By Team Kalkine MediaMarks & Spencer Group Plc (LON: MKS), the UK’s largest clothes retailer, will keep 400 of its stores open till midnight in Christmas week. This would start on 21 December and continue for the next three days. Marks & Spencer is...
Frasers Group increases its stake in Mulberry to 36.82 per cent
November 20, 2020 02:40 PM GMT| By Team Kalkine MediaFrasers Group Plc (LON: FRAS), owned by Mike Ashley, has acquired another 4,335,720 ordinary shares in Mulberry Group Plc. It had acquired a 12.5 per cent stake in Mulberry in February, which was later increased to 29.61 per cent earlier this mont...
FTSE 100 Traded Higher, Boosted by Healthcare and Energy Shares; Retail Sales Surged by 1.2% in October
November 20, 2020 12:05 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 9.37 points or 0.26 per cent lower at 3,572.50, Dow Jones Industrial Average Index declined by 123.93 points or 0.42 per cent lower a...
