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FTSE 100 in focus after second lockdown news: Will the stock market crash?
November 02, 2020 12:59 PM GMT| By Team Kalkine MediaSummary Most of the key indices of London Stock Exchange have seen a massive wipe-out in October with FTSE 100 closing the month in red Stock markets across the world have also witnessed a similar jittery as investors following the uptick of Co.....
Marlowe Plc get hold of Black & Banton
November 02, 2020 12:52 PM GMT| By Team Kalkine MediaMarlowe Plc (LON: MRL) has bought Black & Banton Occupational and Physical Health Limited. The acquisition of Black & Banton, providing occupational health services, is for an initial consideration of £1.1 million. The company&r...
Lamprell Plc bags a medium-sized deal
November 02, 2020 12:51 PM GMT| By Team Kalkine MediaLamprell Plc (LON: LAM) has bagged a medium-sized deal by International Maritime Industries. The contract work for undertaking engineering design services will start immediately and would extend over the next three years. It is to be complete...
Kefi Gold and Copper Plc restart drilling at its Saudi Arabia project
November 02, 2020 12:51 PM GMT| By Team Kalkine MediaKefi Gold and Copper Plc (LON: KEFI) has restarted the drilling at its Hawiah Project in Saudi Arabia after the recent positive PEA (Preliminary Economic Assessment). The major intention of the drilling programme is to enlarge and improve the init...
Laura Ashley to make a comeback from Spring 2021 in partnership with Next
November 02, 2020 12:50 PM GMT| By Team Kalkine MediaHomeware and fashion brand Laura Ashley is all set to return to the UK high streets next year under a new partnership with clothing giant Next Plc (LON: NXT). As per the deal, Laura Ashley’s homeware will be reintroduced into the fashion.....
Rolls-Royce planning to sell diesel and gas engine unit
November 02, 2020 12:49 PM GMT| By Team Kalkine MediaRolls-Royce Holdings Plc (LON: RR.) has appointed professional services network Deloitte to manage the sale of its unit Bergen. The sale of the diesel and gas engine division is reportedly going to fetch up to £100 million and could help.....
MHRA starts rolling review of AstraZeneca Plc’s potential COVID-19 vaccine
November 02, 2020 12:48 PM GMT| By Team Kalkine MediaBritish health regulator Medicines and Healthcare Products Regulatory Agency (MHRA) has started a fast-tracked assessment of AstraZeneca Plc’s (LON: AZN) prospective vaccine for coronavirus. The MHRA will be doing a rolling review of the vac...
Farage To Rebrand His Brexit Party to Anti-Lockdown Party
November 02, 2020 10:54 AM GMT| By Team Kalkine MediaBrexit Party leader Nigel Farage will rebrand the group ‘Reform UK’, a party working as an anti-lockdown party, primarily to fight against anti-coronavirus restrictions enforced by Boris Johnson and his party. The party has officially s.....
How will the second lockdown hit the UK economy?
November 02, 2020 09:55 AM GMT| By Team Kalkine MediaThe industries such as retail, hospitality, and travel are in for a nightmare as the UK government imposes the second lockdown across the country beginning Thursday, 2 November. The busiest shopping season for all these industries was comi.....
Weak iPhone sales dragged Apple stock price in after-hours trading
November 02, 2020 01:46 AM GMT| By Team Kalkine MediaApple Inc. shares declined by 5.2% in after-hours trading on 29 October as the Company once again failed to offer a financial outlook amid the ongoing certainty surrounding the coronavirus outbreak. Since coronavirus related delay caused the new s.....
Lekoil Limited report net loss of USD 7.9 million for H1 2020
November 01, 2020 07:28 AM GMT| By Team Kalkine MediaLekoil Limited (LON: LEK) has released its results for the six months ended 30 June 2020. The company reported a net loss for the period of USD 7.9 million as compared to a loss of USD 5.2 million as of 30 June 2019. The company managed to co...
Edenville Energy Plc (LON: EDL) has released results for the six months to 30 June 2020.
November 01, 2020 07:27 AM GMT| By Team Kalkine MediaEdenville Energy Plc during H1 2020 completed restructuring of the operation of the Rukwa Project The reported marked the company finalising two agreements with its new strategic partner, Infrastructure and Logistics Tanzania Ltd, while a...
Yamana Gold Inc posts strong Q3 2020 production and impressive financial performance
November 01, 2020 07:23 AM GMT| By Team Kalkine MediaYamana Gold Inc. (LON: AUY) has released its third-quarter 2020 financial results, posting a strong quarterly production and impressive financial performance. The company posted adjusted net earnings of $92.9 million compared to adjusted net earni...
ncimmune Holdings Plc post income of £715k for the year ended 31 May 2020
November 01, 2020 07:21 AM GMT| By Team Kalkine MediaOncimmune Holdings Plc (LON: ONC) has released its results and progress update for the year ended 31 May 2020. The company reported income for the year of £715k, excluding additional contract income of £511k as compared to £220k...
Should the UK Government Extend Furlough Scheme to Save Businesses?
October 31, 2020 11:17 PM GMT| By Team Kalkine MediaThe UK government’s coronavirus job retention scheme, which was announced in March 2020, will end on Saturday. This would close the first phase of the UK’s economic response to the pandemic. The scheme allowed all UK employers with empl.....
Staycation and workation becoming the latest trends in the hospitality segment
October 31, 2020 02:20 PM GMT| By Kunal SawhneyCOVID-19 has pushed people to come out of their daily routine and adapt to living in the new normal. The crisis has led the hospitality industry to bring innovation and modifications in their services as countries reopen gradually after seve.....
Why electric trucks are gaining more popularity?
October 31, 2020 01:11 PM GMT| By Edita IvancevicElectric cars are likely to replace traditional vehicles in the upcoming years, as the demand for sustainable energy grows by the day. However, companies such as Tesla do believe that humanity can get out of the mess it created. Electric vehicles a.....
SolGold Plc updates about second drill hole at Porvenir project
October 31, 2020 12:06 AM GMT| By Team Kalkine MediaSolGold Plc (LON: SOLG), which is continuing to pursue its strategy to become a tier 1 copper-producing company, has updated about the Porvenir Project, held by its wholly-owned unencumbered subsidiary Green Rock Resources S.A. As per the highligh...
Honeywell International Inc expects Q4 EPS in a range of $1.97 to $2.02
October 31, 2020 12:06 AM GMT| By Team Kalkine MediaHoneywell International Inc (LON: HON) has released the results for the third quarter of 2020. The company reported sequentially improved compared to the second quarter of 2020. Segments like Defense and Space, Personal Protective Equipment, Wareh...
TUI AG completes sale and leaseback agreement for two aircrafts
October 31, 2020 12:04 AM GMT| By Team Kalkine MediaTUI AG (LON: TUI) has completed an agreement with BOC Aviation Limited for further Aircraft sale and leaseback. The company will be selling two new Boeing 737 MAX-8 aircraft for the total sum of $90million (~€76million). The two new airc...
