News
Coronavirus Update: Alert Level Being Upgraded From 3 To 4
September 22, 2020 08:26 PM BST| By Team Kalkine MediaThe government has been cautioned by Professor Chris Whitty, chief medical officer and Sir Patrick Vallance, chief scientific advisor that by mid-October 2020, the daily coronavirus cases could rise to a level of 50,000 a day in the UK, in case no me...
Learning Technologies Group Plc to acquire eCreators
September 22, 2020 08:22 PM BST| By Team Kalkine MediaLearning Technologies Group Plc (LON: LTG) has announced the proposed acquisition of eCreators, Australia's largest provider of Moodle. The acquisition is for an initial cash consideration of A$5.5 million (around £3.1 million) and is in lin...
Sigma Capital Group Plc launches JV with EQT Real Estate; shares surge over 15%
September 22, 2020 08:20 PM BST| By Team Kalkine MediaSigma Capital Group Plc (LON: SGM) has announced the launch of a JV (Joint Venture) with EQT Real Estate, the real estate platform of global investment firm EQT. The JV agreement is to deliver high quality, new-build homes for private rental in Gr...
Open Orphan Plc’s subsidiary bags a new contract
September 22, 2020 08:19 PM BST| By Team Kalkine MediaOpen Orphan Plc’s (LON: ORPH) subsidiary Venn Life Sciences, based in Paris has bagged a major new contract for supporting a key European pharmaceutical company. Venn will handle all data management, statistics and medical writing, while its...
Tritax Big Box REIT Plc sale three assets
September 22, 2020 08:14 PM BST| By Team Kalkine MediaTritax Big Box REIT Plc (LON: BBOX) has sold three of its assets to two separate buyers, producing attractive returns to the shareholders. The total consideration of the sale was £77 million, which delivered IRRs above the company’s 9...
FTSE-100 Index rebounded closed 1.20% higher; Diploma was the top stock up 26.94%
September 22, 2020 06:06 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 26.70 points or 0.81 per cent lower at 3,288.87, Dow Jones Industrial Average Index contracted by 112.24 points or 0.41 per cent lower at 27,1...
Government Opens Up Kickstart Scheme For Small Companies
September 22, 2020 02:11 PM BST| By Team Kalkine MediaThe UK government was facing criticism over the fact that its kickstart scheme worth two billion pounds would be effectively excluding small-sized companies. To remove this anomaly, the government has now expanded the scheme to intermediaries who a.....
Airbus and Shell Step Up Efforts On Their Go-Green Strategy
September 22, 2020 02:11 PM BST| By Team Kalkine MediaSummary Airbus unveiled three types of aircraft designs under its ZEROe strategy: turbofan, conventional turboprop, and a futuristic blended body. British oil and gas major Royal Dutch shell has announced that it is looking at cutting up to 40 .....
FTSE-100 Index Surged by 0.43%; Kingfisher Share Price up 9.90%
September 22, 2020 02:11 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 10.27 points or 0.31 per cent higher at 3,291.33, Dow Jones Industrial Average Index contracted by 27.97 points or 0.10 per cent lowe...
FTSE 100 Tumbles Amidst Pandemic Resurgence Fears And FinCEN Leaks
September 22, 2020 01:30 PM BST| By Team Kalkine MediaSummary The FTSE 100 index lost nearly 3.38 per cent of its value in trading on 21 September 2020, wiping off nearly £51 billion of investors wealth, its worst performance in three months. The reason for this market reaction was the brief.....
UK witnesses sharpest drop in factory orders for three months in September
September 22, 2020 01:15 PM BST| By Team Kalkine MediaThe UK manufacturers have witnessed stagnation in order during the month of September. It is for the first time since April. The latest CBI (Confederation of British Industry) industrial trends survey showed that the monthly industrial order book bal...
PM announces new coronavirus restrictions
September 22, 2020 01:10 PM BST| By Team Kalkine MediaBoris Johnson has announced a new package of stricter measures in its bid to contain the increasing numbers of COVID-19 cases. The raft of new measures could last for up to six months. Government has extended the rule of masks and made the “...
How are AUD and Yuan Faring Against the Greenback?
September 22, 2020 06:03 AM BST| By Team Kalkine MediaWhile the COVID-19 pandemic initially spurred a rally in the US dollar amidst heightening worries over the virus crisis, the greenback seems to be on the brink of ending its long-run bull cycle. The US Dollar index (DXY), which traces the America.....
What are the biggest trends in digital marketing and e-commerce?
September 22, 2020 05:41 AM BST| By Edita IvancevicIn an era where technology has surrounded us in all places, competition is on the constant rise. It is not easy to maintain a digital business if certain trends are not being followed, especially if digital experts are not aiming for the developmen.....
The TikTok saga finally comes to an end, all that you need to know
September 22, 2020 05:13 AM BST| By Team Kalkine MediaFor the past few months, TikTok has been in the news for facing a ban from the United States over national security concerns. Now that the TikTok saga is finally coming to an end, ByteDance, the company who owns TikTok said that they would not tran.....
Yourgene Health Plc inks a distribution agreement with Immuno-Biological Laboratories Inc
September 21, 2020 10:08 PM BST| By Team Kalkine MediaYourgene Health Plc (LON: YGEN) has appointed Immuno-Biological Laboratories Inc as a non-exclusive distributor for several PCR tests across its reproductive health and oncology portfolios in the US. The distribution agreement betwee...
Informa Plc reports revenue of £814.4 million for H1 2020
September 21, 2020 10:08 PM BST| By Team Kalkine MediaInforma Plc (LON: INF) has released its results for the six-months ended 30 June 2020. The company’s revenue was of £814.4 million, lower as compared to £1,407.6 million for H1 2019. Adjusted Operating Profit for the rep...
Town Centre Securities Plc disposes of its Scottish retail assets
September 21, 2020 10:01 PM BST| By Team Kalkine MediaTown Centre Securities Plc (LON: TOWN) has sold its Scottish retail assets. The company sold four retail properties in Scotland and London. The properties sold include two Waitrose stores in Milngavie and Glasgow, while in London, an...
DCC Plc acquires NES Group through DCC LPG
September 21, 2020 10:00 PM BST| By Team Kalkine MediaDCC Plc (LON: DCC) has reported that DCC LPG has expanded its US LPG business through the acquisition of the NES Group. DCC LPG has also finalised a deal with SHV Energy to buy its Dutch LPG business, Primagaz Nederland B.V, depending on t...
Finsbury Food Group Plc reports revenue of £306.3 million for FY20
September 21, 2020 10:00 PM BST| By Team Kalkine MediaFinsbury Food Group Plc (LON: FIF) has released results for the 52-week ended 27 June 2020. The group’s business remained resilient, responding quickly to Covid-19, and the revenue stood at £306.3 million. Adjusted EBITDA decl...