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AstraZeneca (LON:AZN) to resume COVID-19 vaccine trial in the US ahead of elections?
October 22, 2020 11:55 AM BST| By Team Kalkine MediaAstraZeneca’s COVID-19 clinical trials in the US are anticipated to start again as early as this week after the US Food and Drug Administration (FDA) completed its review of a serious illness, sources told Reuters. As per one of the sou.....
Empire Metals Limited starts RC drilling at Eclipse Gold Project
October 22, 2020 11:18 AM BST| By Team Kalkine MediaEmpire Metals Limited (LON: EEE) has started RC (reverse circulation) drilling at the Eclipse Gold Project, situated in Western Australia, 55km north-east of Kalgoorlie. The 2,300m RC drilling programme is intended to infill and develop a better u...
Anglo American Plc reports 24% production increase for Q3 2020
October 22, 2020 11:18 AM BST| By Team Kalkine MediaAnglo American Plc (LON: AAL) has released its production report for the third quarter ended 30 September 2020. The company continued its strong operational recovery and posted a 24 per cent increase in production for the reported quarter as compa...
Oakley Capital Investments Limited to acquire WindStar Medical GmbH
October 22, 2020 11:17 AM BST| By Team Kalkine MediaOakley Capital Investments Limited (LON: OCI) is going to acquire a leading consumer healthcare company, WindStar Medical GmbH from ProSiebenSat. The acquisition would be made through Oakley Capital IV2 (Fund IV), the company’s indirect cont...
MobilityOne Limited reports a strong 51.9% revenue growth in H1 2020; stocks surge ~20%
October 22, 2020 11:16 AM BST| By Team Kalkine MediaMobilityOne Limited (LON: MBO) has released its results for the six months ended 30 June 2020. The company posted strong revenue growth of 51.9 per cent to £119.9 million as compared to £78.9 million in H1 2019. The revenue surge...
Tullow Oil Plc get government approval for Uganda assets sale
October 22, 2020 11:15 AM BST| By Team Kalkine MediaTullow Oil Plc (LON: TLW) has received the government approval for $575 million sale of Uganda assets to Total. The approval came from the Government of Uganda and the Ugandan Revenue Authority, while the Ugandan Minister of Energy and Mineral Dev...
Toople Plc wins new contract with existing client
October 22, 2020 11:13 AM BST| By Team Kalkine MediaToople Plc (LON: TOOP), a bespoke telecom service provider has won a new contract for selling a range of new IP cloud-based services to an existing client in a three-year (36 month) extension to the existing agreement. The contract was originally...
Purdue Pharma reaches US$8 bn settlement, Why did the OxyContin maker plead guilty?
October 22, 2020 08:38 AM BST| By Edita IvancevicPurdue Pharma agreed to an A$11.6 billion (US$8 billion) settlement after pleading guilty for uncontrolled selling of its controversial opioid product OxyContin. The active ingredient oxycodone has caused more than 450,000 American deaths since 19.....
A look at Tesla’s Powerwall
October 22, 2020 08:21 AM BST| By Edita IvancevicOutmost sustainability is a crucial goal for Tesla and its CEO and co-founder, Elon Musk, who never ceases with inventing new sustainable products. MUST WATCH: Why is Tesla Stock doing so well? As almost every other smart Tesla (NASDAQ:TSLA) inve.....
PayPal throws its hat in the cryptocurrency ring, Bitcoin to become ubiquitous
October 22, 2020 03:32 PM AEDT| By Team Kalkine MediaOn 21st October, PayPal (NASDAQ:PYPL) announced its entrance into the cryptocurrency market, enabling its customers to transact bitcoins and other cryptocurrencies through their PayPal accounts. This represents the company’s vision to enable .....
Netflix Subscription Tepid, Is Binge watching on the wane?
October 22, 2020 05:08 AM BST| By Team Kalkine MediaNetflix released dismal earnings report for Q3 2020, falling short on its guidance for earnings per share. Besides, Netflix subscriber growth lowered considerably in the third quarter after its subscription skyrocketed in the first half of the year.....
UK and European Markets’ Ended Lower; Shares of Evraz Jumped by 3.54%
October 21, 2020 10:14 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 13.95 points or 0.41 per cent higher at 3,457.07, Dow Jones Industrial Average Index expanded by 89.23 points or 0.32 per cent higher at 28,...
Coronavirus’ impact on global economy: Are US & China out of the woods?
October 21, 2020 02:12 PM BST| By Kunal SawhneyThe Covid-19 pandemic has proliferated with startling pace worldwide. Affecting millions and dragging the global economy to almost a cessation, the pandemic had all the countries imposing strict controls on several movements, to stop the spre.....
Why did WeWork fall?
October 21, 2020 02:10 PM BST| By Edita IvancevicEveryone has heard of WeWork at some stage – maybe they applied for jobs, saw their vibrant offices and millennials that work there, or have heard about the WeWork job affair from the end of last year. With almost 800 offices across all cont.....
UK national borrowings grow as coronavirus support continues
October 21, 2020 01:02 PM BST| By Team Kalkine MediaPublic sector borrowings of the UK government were worth £36 billion during September 2020, according to the latest data from the Office for National Statistics. The corresponding value in September 2019 was £28 billion. It is the thir.....
Why is the Department of Justice filing an antitrust suit against Google?
October 21, 2020 12:09 PM BST| By Edita IvancevicAfter years of thorough investigations and one published research held by the House Judiciary Committee, an antitrust suit against Google (NYSE:GOOGL) has come through late at night local time on 19 October. The Department of Justice is currently .....
Gordon Brown Urges Govt To Pay Subsidy to Employers for Hiring Workers Under 25
October 21, 2020 11:28 AM BST| By Team Kalkine MediaFormer Prime Minister Gordon Brown, who led the country during the financial crisis of late 2000, has urged the government to provide employers a subsidy of £100 a week to recruit workers below the age of 25. Amid the pandemic, unemplo.....
Cohort Plc’s subsidiary bags three new contracts
October 21, 2020 10:45 AM BST| By Team Kalkine MediaCohort Plc’s (LON: CHRT) subsidiary Chess Dynamics Ltd has bagged three new contracts with the UK and European customers. The three contracts which cover Chess Dynamics’ Land, Naval, and Custom business areas, are of an approximate com...
Reckitt Benckiser Group Plc gives fastest net revenue growth guidance in at least a decade
October 21, 2020 10:40 AM BST| By Team Kalkine MediaReckitt Benckiser Group Plc (LON: RB.) backed by its disinfection business has raised its full-year guidance for net revenue growth to low double digits as compared to previously announced high single-digit. It is the fastest growth in at least a dec...
Royal Mail to collect parcels from the doorstep for the first time in history
October 21, 2020 10:39 AM BST| By Team Kalkine MediaRoyal Mail Plc’s (LON: RMG) postal workers for the first time will collect parcels from the doorstep. Under the new parcel collect service, during Monday to Saturday postal workers will collect up to five items per customer per day, for a sp...
