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Pfizer-BioNTech Vaccine 95% Effective In Preventing COVID-19, Ready For Regulators
November 18, 2020 02:14 PM GMT| By Team Kalkine MediaPharma giant Pfizer Inc. (NYSE: PFE, PFE:US) Wednesday claimed that its vaccine candidate is 95 per cent effective in preventing COVID-19. The company plans to apply for approval from the US Food and Drug Administration (FDA) for Emergency .....
FTSE 100 Inched Higher by 0.31% on Positive Vaccine News; Shares of Saga Jumped by 33.95%
November 18, 2020 12:03 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 2.47 points or 0.07 per cent higher at 3,612.00, Dow Jones Industrial Average Index expanded by 84.60 points or 0.28 per cent higher...
Will the British pound fall even with a Brexit deal?
November 18, 2020 11:53 AM GMT| By Team Kalkine MediaTill now, optimism and hopes about a favourable deal with the European Union have supported the pound. With the EU summit scheduled for tomorrow, all eyes are pinned on the Brexit trade talks. Experts predict that the pound’s value co.....
Halfords Group Plc reports 9.6% rise in revenue for H1 FY21
November 18, 2020 10:30 AM GMT| By Team Kalkine MediaHalfords Group Plc (LON: HFD) has released its results for the 26 weeks to 2 October 2020. The company announced a very strong first half with Group revenue surging by 9.6 per cent and profit before tax amounting to £56.0 million. S...
Rosneft Oil Company’s to sell 10% charter capital of Vostok Oil LLC
November 18, 2020 10:29 AM GMT| By Team Kalkine MediaRosneft Oil Company’s (LON: ROSN) Board of Directors (BoD) in a meeting held on 16 November 2020 approved the sale of 10 per cent in the charter capital of Vostok Oil LLC to Trafigura PTE LTD. The BoD in the meeting also assessed the...
Unilever Plc targeting $1.2 billion in sales from meat and dairy alternatives
November 18, 2020 10:29 AM GMT| By Team Kalkine MediaUnilever Plc (LON: ULVR) has announced a "future foods" strategy and is targeting $1.2 billion in sales from meat and dairy alternatives in the next five to seven years. The consumer goods giant, while launching its ambition across the glo...
British Airways to launch a voluntary coronavirus testing trial
November 18, 2020 10:28 AM GMT| By Team Kalkine MediaBritish Airways, along with American Airlines and the Oneworld alliance, is going to launch a voluntary coronavirus testing trial. The trial which begins on 25 November is for airlines passengers travelling to the UK from three US...
EasyJet reports first-ever annual loss in its 25-year operating history
November 18, 2020 10:25 AM GMT| By Team Kalkine MediaEasyJet Plc (LON: EZJ) has reported the first annual loss in its 25-year history due to the severe impact of Covid-19 on the travel industry. The passenger numbers for the year ending 30 September decreased by 50 per cent to 48.1 million....
Here’s why Airbnb is making a splash
November 18, 2020 08:53 AM GMT| By Kunal SawhneyAirbnb is once again stealing the thunder as it is ready to make its debut on the US public markets. The San Francisco-based rental online marketplace is gearing up for the year’s one of the most anticipated Initial Public Offerings (IPO). T.....
COVID-19: Scotland to Move 11 Councils into Toughest Level of Restrictions
November 18, 2020 08:17 AM GMT| By Hina ChowdharyIn a bid to curb the COVID-19 infections, more than 2 million people will be placed under Scotland’s hardest coronavirus lockdown restrictions from Friday. The measures will be implemented from 6pm on Friday and will run until 11 December. W.....
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Amazon forays into the pharmacy industry with Prime
November 18, 2020 05:23 AM GMT| By Kunal SawhneyNow Amazon.com will deliver prescriptions at your doorstep. Amazon Pharmacy is a new store on the Amazon website, allowing customers to purchase medication online through the desktop website or Amazon application. This move by the e-commerce giant.....
Virgin Australia takes a new route as Bain Capital takes over
November 18, 2020 03:34 AM GMT| By Hina ChowdharyVirgin Australia Holdings Limited (ASX:VAH) has finally got a new owner after the completion of A$3.5 billion sale to Bain Capital, the US private equity group. All Virgin's shares have been transferred to Bain Capital and the company is delis.....
Ransomware Attacks on the rise in APAC Region, Businesses forced to pay up
November 18, 2020 03:26 AM GMT| By Kunal SawhneyRansomware, a malicious software that can infect your system, typically displays several messages demanding a specific fee to ensure your system starts functioning properly again. This malware category is an illegal moneymaking scheme that enters t.....
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Warren Buffett sours on banks, trims tech and laps up pharma stocks
November 18, 2020 02:51 AM GMT| By Kunal SawhneyBerkshire Hathaway’s third-quarter filing is out. This time Warren Buffet has given food for thought to his followers, especially with regards to banks. The latest filing details a slew of changes made by the conglomerate in the third .....
Trident Royalties Plc completes transaction of Spring Hill Gold Royalty Acquisition
November 17, 2020 01:05 PM GMT| By Team Kalkine MediaTrident Royalties Plc (LON: TRR) has reported that it has completed the transaction of the acquisition Spring Hill Gold Royalty as all the required conditions for that have now been fulfilled. Earlier, in an announcement made on 14 July 20...
ldox Plc reports a 4% increase in revenue for the FY20
November 17, 2020 01:04 PM GMT| By Team Kalkine Medialdox Plc (LON: IDOX) has released its trading update for the financial year ended 31 October 2020. There was a 4 per cent increase in revenue for the year to £68.0 million as compared £65.5 million in 2019. Adjusted profit bef...
BBGI Global Infrastructure S.A. to acquire 25% interest in Signature on the Saint-Lawrence Group
November 17, 2020 01:03 PM GMT| By Team Kalkine MediaBBGI Global Infrastructure S.A. (LON: BBGI), will be acquiring a 25 per cent equity interest in Signature on the Saint-Lawrence Group. The company has entered into an agreement for the project which originally comprised of the design, cons...
London’s Heathrow airport to see four days’ work disruption in December
November 17, 2020 01:02 PM GMT| By Team Kalkine MediaLondon’s Heathrow airport is going to witness four days of disruption in operation during the month of December. The Unite union has stated that thousands of workers will be going on Two 24-hour strikes on 1 December and 14 December,...
Three biggest energy companies of the UK to build the energy superhighway
November 17, 2020 01:02 PM GMT| By Team Kalkine MediaThree largest energy groups of the UK have come together to bring Scotland’s sizable reserves of renewable energy to millions of homes in the country. National Grid, SSE and Scottish Power, the three companies will be building the gi...
Vodafone reports resilient performance for the first half of FY21
November 17, 2020 01:00 PM GMT| By Team Kalkine MediaVodafone Group Plc (LON: VOD) reported a resilient financial performance for the first half of FY21 and has held its interim dividend at 4.5 euro cents per share. Though the Group’s revenue declined by 2.3 per cent to €21.4 bill...
