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Amigo Holdings Plc not to offer fresh loans until next year
November 04, 2020 10:27 AM GMT| By Team Kalkine MediaAmigo Holdings Plc (LON: AMGO), the largest provider of guarantor loans in the UK, has decided not to offer any new loans until next year. The subprime lender which had put a brake on new lending after the coronavirus outbreak had received 25,571...
Primark owner calls for extended shopping hours post lockdown
November 04, 2020 10:26 AM GMT| By Team Kalkine MediaAssociated British Foods Plc (LON:ABF), the owner of fast-fashion retailer Primark, has called for an extended post-lockdown shopping hour to recover Covid losses. George Weston, the chief executive of Associated British Foods (ABF), said the shop...
UK Car Industry to Suffer with The Economic Fallout of Lockdown 2.0
November 04, 2020 09:28 AM GMT| By Kunal SawhneyWith more than one million active coronavirus infected cases, the British Prime Minister Boris Johnson announced a second national lockdown across the UK. The second lockdown is expected to weigh down heavily on the ailing car manufacturing and ret.....
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Volatility In Gold And Crude Surges On The Heels Of US Presidential Elections 2020
November 04, 2020 03:50 AM GMT| By Team Kalkine MediaGold prices are back in focus as the U.S. 2020 presidential election reaches the crescendo. The gold spot market has demonstrated an upper bounce during the trading session on 4 November 2020 with gold spot surging from the recent low of USD 1,859......
FTSE 100 rallies 2% today: 12 blue-chip stocks gain up to 6%
November 03, 2020 06:13 PM GMT| By Hina ChowdharyUK stock markets extended the morning gains on Tuesday, 3 November 2020, rallying a little more than 2 per cent in the afternoon trades tracking the positive mood of investors across the markets worldwide. A considerable surge in the US stock futures...
Second Lockdown in the UK: Which sectors could do well
November 03, 2020 06:11 PM GMT| By Kunal SawhneySummary Some companies have gained advantage during the pandemic, turning threats into opportunities A sudden surge has been observed in the online education sector and people are finding ways to alternatives of conventional teaching and learni.....
FTSE 100 Accelerated by 2.33%, Bolstered by Financial & Industrial Stocks; Crest Nicholson Holdings Share Soared by 16.54%
November 03, 2020 02:45 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 66.96 points or 2.02 per cent higher at 3,377.20, Dow Jones Industrial Average Index expanded by 599.84 points or 2.23 per cent higher at 27...
Will the coronavirus lockdown weigh the pound down?
November 03, 2020 01:50 PM GMT| By Kunal SawhneySummary GBP/EUR spot rate going strong at 1.11, but could drop in the coming days despite positive developments over Brexit GBP/USD dropped marginally over past few days Pressure is mounting over the pound sterling after the UK gov.....
Why FTSE 100 Closed Higher on Monday Despite Lockdown Worries?
November 03, 2020 01:21 PM GMT| By Team Kalkine MediaSummary The FTSE 100 soared 77.70 points or 1.39 per cent to settle at 5,654.97 on Monday. Shares of Hatfield-headquartered online supermarket operator Ocado contributed majorly to the gains of FTSE 100 A surge on the Wall Street following the.....
Creo Medical Group Plc acquires Boucart Medical SRL
November 03, 2020 11:29 AM GMT| By Team Kalkine MediaCreo Medical Group Plc (LON: CREO) has acquired Boucart Medical SRL, Belgium and Luxembourg’s largest independent supplier of gastrointestinal GI endoscopy consumables. The acquisition of the Boucart Medical SRL is through Creo's subsidiary...
British American Tobacco Plc acquires the modern oral business of Dryft
November 03, 2020 11:29 AM GMT| By Team Kalkine MediaBritish American Tobacco Plc (LON: BATS) has strengthened its US new category portfolio with the acquisition of Dryft Modern Oral business. The US business of the group has acquired Dryft Sciences, LLC’s nicotine pouch product assets. D...
Genel Energy Plc receive $142 million of cash proceeds in 9M 2020
November 03, 2020 11:28 AM GMT| By Team Kalkine MediaGenel Energy Plc (LON: GENL) has released its trading and operational update for the third quarter and first nine months of 2020. During the first nine months of 2020, the company received $142 million of cash proceeds. The company as on 30 S...
Ryanair not to refund for flights during the second lockdown
November 03, 2020 11:26 AM GMT| By Team Kalkine MediaThe budget airline Ryanair Holdings Plc (LON: RYA) has decided not to offer refunds for flights in November, the period of the second lockdown in the UK. Michael O’Leary, the chief executive, said that there won’t be refunds on flights...
Hipgnosis acquires Portfolio of Catalogues from Kobalt Music
November 03, 2020 11:25 AM GMT| By Team Kalkine MediaHipgnosis Songs Fund Limited (LON: SONC) has acquired a portfolio of 42 Catalogues from Kobalt Music Copyrights S.à.r.l. The portfolio comprises some of the prominent, timeless and most successful hit songs of the last 60 years, including r...
Wetherspoon to sell pints of ale for 99 pence
November 03, 2020 11:24 AM GMT| By Team Kalkine MediaWetherspoon (J.D.) Plc (LON: JDW), the largest pub chain of Britain, will sell pints of ale for 99 pence to try to clear stock ahead of the new lockdown. The pub chain has launched a three-day sale before the second national lockdown comes into fo...
AstraZeneca (AZN) Sells the rights of Two drugs to Cheplapharm for US$400 million
November 03, 2020 06:36 AM GMT| By Team Kalkine MediaAstraZeneca Plc (LON:AZN) disclosed that it signed an agreement to sell the commercial rights of its hypertension medicines Atacand and Atacand Plus to Cheplapharm Arzneimittel GmbH, a German pharmaceutical company. Cheplapharm&.....
CBI Chief Says British Companies Will Face Gloomy Winter Amid Second Lockdown
November 03, 2020 05:32 AM GMT| By Team Kalkine MediaThe second national lockdown might devastate the economic conditions in the country as the UK companies could face bleak mid-winter. Chief of the Confederation of British Industry (CBI) Carolyn Fairbairn’s statement came after high-en.....
US Presidential election at the fag end, is the market nervous?
November 03, 2020 05:00 AM GMT| By Team Kalkine MediaWith the US Presidential election 2020 due today i.e. 3 November 2020, the stock market has already given a key signal of the winner. CFRA’s ‘Presidential Predictor’ is showing victory of Joe Biden, the Democratic candidate, defea.....
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Google’s sister company X sheds light on its ambitious mental health project
November 03, 2020 04:55 AM GMT| By Team Kalkine MediaAlphabet’s X, the Moonshot Factory, recently published a new blog post, detailing the findings of its mental health project called Project Amber. X, Google’s sister company, is a semi-secret research and development facility and organi.....
Energy and Industrial Shares Pushed FTSE 100 Higher by 1.39%; Reach Plc Stock Surged by 16.19%
November 02, 2020 10:18 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 41.94 points or 1.28 per cent higher at 3,311.90, Dow Jones Industrial Average Index expanded by 389.49 points or 1.47 per cent higher at 26...
