News
UK Retail Sales Rose Marginally In August 2020
September 21, 2020 02:20 PM BST| By Team Kalkine MediaSummary There was an increase in the monthly growth rate for volume sales and value sales in August 2020 by 0.8 per cent and 0.7 per cent A sharp drop in total sales at minus 85.7 per cent was recorded for the textile, clothing, and footwear st.....
FTSE-100 Index Traded in Red due to Lockdown Fears
September 21, 2020 02:11 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 64.51 points or 1.94 per cent lower at 3,254.96, Dow Jones Industrial Average Index contracted by 762.09 points or 2.76 per cent lower at 26,8...
Why Are The Property Rents Falling In London?
September 21, 2020 02:11 PM BST| By Team Kalkine MediaAn oversupply of rental properties available in the market during the coronavirus pandemic has led the owners to reduce the amount of rents to attract the tenants. The rental value of properties at some areas in London such as in and around the Bar.....
UK Manufacturing Output Could Shrink By 11 Per Cent In 2020
September 21, 2020 01:11 PM BST| By Team Kalkine MediaThe manufacturing industry in the UK does not see much signs of a V shaped recovery with the coronavirus pandemic still far from being over around the country. A recent survey from the Make UK and BDO has suggested that the manufacturing businesse.....
Gusbourne Plc net revenue increase by 24% for H1 2020
September 21, 2020 01:02 PM BST| By Team Kalkine MediaGusbourne Plc (LON: GUS) has released its interim results for the six months ended 30 June 2020. The company’s net revenue for the reported period increased by 24 per cent to £890,000 as compared to £716,000 in the same p...
What advice to follow before purchasing bitcoin and other cryptocurrencies?
September 21, 2020 08:25 PM AEST| By Edita IvancevicIf you have been thinking about purchasing bitcoin, or other cryptocurrencies, since the pandemic started, you are not the only one that who given some thought to the idea. Crypto sales have been rising since the economies around the world started.....
DeFi Led Sentiments Keep Bitcoin Afloat
September 21, 2020 07:05 PM AEST| By Team Kalkine MediaBitcoin prices are finally rebounding after meeting the head and shoulder pattern’s price target. The currency has recovered from USD 9,964.10 (intraday low on 7 September 2020) to the present high of USD 11,127.00 (intraday high on 19 Septem.....
Bitcoin vs Gold: Can the cryptocurrency replace the oldest safe haven?
September 21, 2020 05:37 PM AEST| By Edita IvancevicIn the past few years, bitcoin has often been referred to as “the new gold”, because its value changes more like that of commodities than fiat currencies. This is also why more shareholders have taken an interest in cryptocurrency, as t.....
Spotify’s Internal Struggle Heats Up Over Hosting of Joe Rogan’s Podcast
September 21, 2020 06:56 AM BST| By Team Kalkine MediaThe signing of a podcaster, Joe Rogan, to a multi-year exclusive licensing deal in May 2020 certainly gave a boost to Spotify Technology S.A. (NYSE:SPOT) share price, but then it also heated up an internal struggle in the Company. ‘The Joe R.....
Pound Falls As Interest Rates Could Turn Negative In 2021
September 20, 2020 01:25 AM BST| By Team Kalkine MediaThe Bank of England (BoE) has informed that its officials are preparing for a possibility of pushing the interest rates below zero during the next year 2021 to drive the private sector investments across Britain. Many other regions such as the Eur.....
Trackwise Designs Plc signs 3-year agreement with EV OEM
September 20, 2020 01:06 AM BST| By Team Kalkine MediaTrackwise Designs Plc (LON: TWD) has entered a three-year Product Manufacture and Supply deal with electric vehicles (EV) OEM. As per the agreement, Trackwise's Improved Harness Technology™-supported flexible printed circuit boards w...
Zinc Media Group Plc reports revenue of £7.30 million for the six months to 30 June 2020
September 20, 2020 01:04 AM BST| By Team Kalkine MediaZinc Media Group Plc (LON: ZIN) has released its results for the six months to 30 June 2020. The group generated revenue of £7.30 million for the period as compared to £14.77million for H2 19. The company has reported that in...
Board Changes for Eurasia Mining Plc
September 20, 2020 01:02 AM BST| By Team Kalkine MediaJames Nieuwenhuys has been appointed as Chief Executive Officer and Executive Director of the Eurasia Mining Plc effective from 18 September 2020. James Nieuwenhuys has a mining engineering background and is vastly experienced in resource...
U and I Group Plc enters a JV agreement
September 20, 2020 01:00 AM BST| By Team Kalkine MediaU and I Group Plc (LON: UAI) has announced a joint venture (JV) partnership with Yoo Capital. The company has become a joint venture partner of Yoo Capital Investment Management after the latter acquired a majority ownership interest in Sh...
Is the BNPL market heading towards PayPal dominance?
September 19, 2020 04:07 PM BST| By Kunal SawhneyThe pandemic has taken a toll on the world economy with GDP growth declining in various countries. Earnings across various industries such as travel, hospitality, and financial sector took a hit. Ironically, the retail industry, especially online s.....
Pet grooming services to reopen, families and industry welcome the move
September 19, 2020 03:38 PM BST| By Kunal SawhneyWhen it comes to pets, many Australians are willing to go the extra mile for their pet's well being. In fact, according to the Animal Medicines Australia (AMA) study conducted in 2019, there are almost 29 million pets in Australia today, which is m.....
Octopus Apollo VCT Plc reports net assets of £141,330k for the six months ended 31 July 2020
September 19, 2020 03:09 PM BST| By Team Kalkine MediaOctopus Apollo VCT Plc (LON: OAP3) has reported its half-yearly results for the six months ended 31 July 2020. Net assets of the company for the period stood at £141,330k as compared to £122,093k in the same period previous yea...
Whitbread Plc announces Change of Directorate
September 19, 2020 03:09 PM BST| By Team Kalkine MediaDeanna Oppenheimer will be stepping down from the post of Non-Executive Director effective from 31 December 2020 from the Whitbread board. Deanna has decided to step down from the board of Whitbread. Whitbread Plc is a United Kingdom base...
Western Selection Plc reports loss of £180,000 for FY 20
September 19, 2020 03:08 PM BST| By Team Kalkine MediaWestern Selection Plc has released its preliminary financial results for the year ended 30 June 2020. The Company’s net assets value (NAV) per share have decreased by 29.7 per cent to 45pence at 30 June 2020. The sharp decline was l...
Kenton Jarvis appointed as the new Chief Financial Officer of easyJet Plc
September 19, 2020 03:06 PM BST| By Team Kalkine MediaKenton Jarvis would be replacing Andrew Findlay as the Chief Financial Officer of easyJet Plc, who had earlier announced his separation from the European airline. Kenton has been serving TUI on the senior group and divisional finance roles...