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Victoria Oil & Gas Plc report revenue of USD12.6 million for H1 2020
October 31, 2020 12:02 AM GMT| By Team Kalkine MediaVictoria Oil & Gas Plc (LON: VOG) has released its results for the six months ended 30 June 2020. The company posted revenue of 6 million for the reported period as compared to USD10.7 million for the same period last year. Adjusted...
FTSE 250 Traded in Green, Boosted by Energy and Real Estate Shares; Pharos Energy Stock Zoomed by 10.03%
October 30, 2020 10:35 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 65.31 points or 1.97 per cent lower at 3,244.80, Dow Jones Industrial Average Index plunged by 444.65 points or 1.67 per cent lower at 26,214....
10 reasons why Bitcoin might not be the best investment
October 30, 2020 03:02 PM GMT| By Edita IvancevicWhile traditional stock markets are prone to experiencing high volatility due to changing economic or political situations in the world, cryptocurrencies are not affected in the same way. They tend to be influenced by unprecedent, almost overnight .....
AIB Group Plc reports NIM of 1.91% for Q3 2020
October 30, 2020 01:40 PM GMT| By Team Kalkine MediaAIB Group Plc (LON: AIBG) has released its Q3 2020 trading update, posting solid performance. NIM (Net interest margin) for the three months of the third quarter was 1.91 per cent against Q2 NIM of 2.01 per cent. Total income for the nine mon...
AstraZeneca Plc to sell commercial rights of Atacand and Atacand Plus in around 70 countries
October 30, 2020 01:39 PM GMT| By Team Kalkine MediaAstraZeneca Plc (LON: AZN) has agreed to sell the commercial rights of two of its medicine Atacand and Atacand Plus in around 70 countries across the globe to Cheplapharm Arzneimittel GmbH. The company will receive a total of $400million in non-co...
Petropavlovsk Plc’s EBITDA almost doubles in H1 2020
October 30, 2020 01:38 PM GMT| By Team Kalkine MediaPetropavlovsk Plc (LON: POG) has released its first-half results for the period ended 30 June 2020. Supported by higher gold prices and increased production, the company’s EBITDA almost doubled from the first half of 2019 to USD193 million....
Pizza Express to cut another 1,300 jobs
October 30, 2020 01:37 PM GMT| By Team Kalkine MediaThe restaurant chain, Pizza Express, bracing for a tough winter amid the fear of the second wave of the pandemic has announced to cut 1,300 jobs. The new redundancies are on top of 1,100 job cuts it had announced n August along with the closure of...
Royal Dutch Shell Plc increases dividend for the third quarter
October 30, 2020 01:36 PM GMT| By Team Kalkine MediaRoyal Dutch Shell Plc (LON: RDSA) has announced an increased interim dividend for the Q3 of 2020 of US$ 0.1665 per A ordinary share and B ordinary share. With the announcement of around 4 per cent increase in the dividend, the company has reinstat...
Lloyds Banking Group Plc post better than expected profit numbers
October 30, 2020 12:58 PM GMT| By Team Kalkine MediaLloyds Banking Group Plc (LON: LLOY), nation’s largest mortgage lender has surprised the street with a better than expected profit numbers for the third quarter of 2020. The Group returned to profit, reporting statutory profit before tax of...
UK could enter a double dip recession as IMF lowers growth forecast
October 30, 2020 11:45 AM GMT| By Hina ChowdharyThe International Monetary Fund (IMF) has downgraded its forecast for the UK economy to a contraction of more than 10 per cent for the year 2020, as the nation continues to struggle with the second wave of the coronavirus pandemic. It also projecte.....
Leaked Report says UK Could See More 85,000 COVID-19 Deaths in Next Few Months
October 30, 2020 11:42 AM GMT| By Kunal SawhneyThe UK could see more than 85,000 deaths during the second wave of coronavirus, a leaked government advice shows. Government data shows that there were 23,065 new cases of COVID-19 on Thursday, and in the last one week there were 154,873 cases, whi.....
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Is Tesla (NASDAQ:TSLA) maintaining its lead in the Battery Electric Vehicle race in Europe?
October 30, 2020 03:55 AM GMT| By Team Kalkine MediaAutomotive industry giant Tesla Inc (NASDAQ:TSLA) grabbed world attention after it recently stated that it would export electric vehicles to Europe. Leading electric vehicle company reportedly announced that it has started to export Made-in-China M.....
British Mortgage Approvals Accelerated to 91,454 in September; AO World Stock Soared by 9.12%
October 29, 2020 10:45 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 22.25 points or 0.68 per cent higher at 3,293.28, Dow Jones Industrial Average Index accelerated by 18.29 points or 0.07 per cent higher at...
UK’s Car Production for September 2020 Records Lowest In 25 Years
October 29, 2020 03:52 PM GMT| By Kunal SawhneyThe car production in the UK has fallen by 5% in September as compared with the same month in 2019. This is the worst production number since 1995, according to the Society of Motor Manufacturers and Traders (SMMT). So, breaking it up, car plants p.....
British retail sales drop at the sharpest pace since June
October 29, 2020 11:23 AM GMT| By Team Kalkine MediaThe business environment is going through a rough phase with October witnessing a mixed bag of commerce activities. Prices in British shops continued to slide this month due to fierce competition among retailers than in September, which means that .....
British car production in September fell to its lowest since 1995
October 29, 2020 11:11 AM GMT| By Team Kalkine MediaBritish car manufacturing industry had posted its weakest September in 25 years. The UK car production fell by 5 per cent as compared to the same month last year. All the car manufacturers collectively produced just 114,732 cars during the month o...
Shoe Zone Plc warns of closing 90 stores in the next 18 to 24 months
October 29, 2020 11:11 AM GMT| By Team Kalkine MediaShoe Zone Plc (LON: SHOE) has warned that 90 of its 460 shops look set to be closed in the next 18 to 24 months. The company has blamed government’s announcement of the restoration of the antiquated business rates system in April 2021 and de...
VST Enterprises launches world’s first-ever interactive sports kit
October 29, 2020 11:10 AM GMT| By Team Kalkine MediaVST Enterprises & Luna Venture (LON: VSTE) has launched the world’s first-ever interactive sports kit for Premiership rugby club SALE SHARKS. The company has partnered with Luna Venture Partners, a technology disruptor to become the tech...
BT Group Plc selects Ericsson for supplying 5G network equipment
October 29, 2020 11:10 AM GMT| By Team Kalkine MediaBT Group Plc (LON: BT.A), the British multinational and the world's leading communications services provider, has selected Swedish company, Ericsson, to supply equipment for its 5G network. The company has been continuously shifting away from Huaw...
Octopus Renewables Infra Trust Plc acquires Cerisou wind farm
October 29, 2020 11:09 AM GMT| By Team Kalkine MediaOctopus Renewables Infrastructure Trust Plc (LON: ORIT) has completed the acquisition of 100 per cent of the Cerisou wind farm. The wind project acquired from RES SAS; part of the RES Group is a Construction-Ready French Onshore in the Vienne depa...
