News
Water Bottle Maker, Zhong Shanshan Is The New Chinese Billionaire
September 11, 2020 05:09 AM BST| By Team Kalkine MediaTechnology is an ever-evolving space. With improving and ever-changing features, every time something or other new thing keeps coming. Consequently, we have multiple stories of founders creating fortunes through such businesses. For instance, Zoom.....
Sportech Plc’s revenue decline to £20.2 million for H1 2020
September 10, 2020 09:36 PM BST| By Team Kalkine MediaSportech Plc (LON: SPO) has released its interim results for the six months ended 30 June 2020. The group made a strong start of the year but was materially impacted by COVID-19. Revenue for the period declined to £20.2 million as co...
Zoetic International Plc signs second international distribution contract
September 10, 2020 09:36 PM BST| By Team Kalkine MediaZoetic International Plc (LON: ZOE) has signed its second international distribution contract and extended its progress with the core CBD business. The agreement is with a major new international distributor for its Chill brand of tobacco...
Cairn Homes Plc enters a conditional agreement with Emerald Fund ICAV
September 10, 2020 09:35 PM BST| By Team Kalkine MediaCairn Homes Plc (LON: CRN) has entered into a conditional agreement with the Emerald Fund ICAV to acquire the former Esmonde Motors Garage premises. The acquisition also includes the adjoining land located at Stillorgan Road and the Hill,...
Wameja Limited enters into an SIA with Burst Acquisition Co. Pty. Ltd
September 10, 2020 09:34 PM BST| By Team Kalkine MediaWameja Limited (LON: WJA) has entered into an SIA (Scheme Implementation Agreement) with Burst Acquisition Co. Pty. Ltd. All the issued capital of Wameja Limited, a joint venture partner with Mastercard in the HomeSend global payment hub w...
Hipgnosis Songs Fund Limited buys Big Deal Music Group
September 10, 2020 09:34 PM BST| By Team Kalkine MediaHipgnosis Songs Fund Limited (LONG: SONG) has acquired the entire share capital of Big Deal Music Group. Big Deal Music, a boutique full-service song company, will be rebranded to Hipgnosis Songs Group effective immediately. The company h...
SAGA Plc reports loss before tax of £55.5 million for H1 2020
September 10, 2020 09:33 PM BST| By Team Kalkine MediaSAGA Plc (LON: SAGA) has released the interim results for the six months ended 31 July 2020. The company during the reported period launched £150 million capital raise and a strategic £100 million investment by Sir Roger De Haa...
What is Stellar?
September 11, 2020 04:31 AM AEST| By Edita IvancevicLaunched in 2015 by Ripple’s co-founder Jed McCaleb, Stellar is a decentralized network that offers sending, receiving, and trading money in any form of fiat or cryptocurrencies. DO READ: The Advent of Cryptocurrencies- Popular Cryptos in Fo.....
LVMH’s Acquisition of Tiffany Gets French Government’s Veto
September 10, 2020 02:22 PM BST| By Team Kalkine MediaThe luxury jewellery and speciality retailer from the United States (US), Tiffany & Co. got a rude shock and took legal actions against LVMH, a French multinational company that specialises in luxury goods. The lawsuit followed the crucial deve.....
Discourage polluting vehicles and subsidise electric vehicles: report
September 10, 2020 02:11 PM BST| By Kunal SawhneySummary The UK government is planning to introduce a feebate system to this effect, petrol and diesel cars could cost more by up to £1,500 Higher pricing and lack of charging infrastructure is putting car buyers away from electric vehicle.....
Will food prices rise if the UK divorces Brexit?
September 10, 2020 02:11 PM BST| By Team Kalkine MediaIn case of a no deal Brexit, almost half of the goods and services being imported from the Europe could attract extra duties or levies beginning January 2021, including food. The UK government estimates had suggested that total value of border tari.....
Consumer Cyclicals & Telecommunication Sectors Traded in Green; GVC Holdings up 3.26%
September 10, 2020 02:11 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 7.72 points or 0.23 per cent higher at 3,406.68, Dow Jones Industrial Average Index expanded by 37.50 points or 0.13 per cent higher at 27,9...
Is the Boris Johnson Government Planning to Alter the Brexit Deal?
September 10, 2020 12:47 PM BST| By Team Kalkine MediaThe Pulling out of the United Kingdom from the European Union is creating unforeseen complications for both for the UK as well as the EU. The latest controversy to hit both these economic blocs is a statement made by cabinet minister Brandon .....
S4 Capital Plc post an Industry-leading progress for H1 2020
September 09, 2020 09:05 PM BST| By Team Kalkine MediaS4 Capital Plc (LON: SFOR) has released the results for the six months ended 30 June. The company due to its primary focus on global digital tech and healthcare, posted an Industry-leading progress. Billings of the company surged by up 41....
Marlowe Plc settles the deferred consideration for William Martin Compliance Limited
September 09, 2020 08:57 PM BST| By Team Kalkine MediaMarlowe Plc (LON: MRL) has settled the deferred consideration for William Martin Compliance Limited. It is in respect of the Group's announcement dated 21 December 2018 and pursuant to the put and call mechanism described therein. The comp...
Redx Pharma Plc enters a research collaboration agreement with Jazz Pharmaceuticals plc
September 09, 2020 08:56 PM BST| By Team Kalkine MediaRedx Pharma Plc (LON: REDX) has entered into a new research collaboration agreement with Jazz Pharmaceuticals plc. The agreement signed is to discover and develop drug candidates for two cancer targets on the Ras/Raf/ MAPK (MAP kinase) pat...
Wincanton Plc reports strong performance driven by Digital and eFulfilment
September 09, 2020 08:55 PM BST| By Team Kalkine MediaWincanton Plc (LON: WIN) has released a trading update for the period since its AGM trading update on 22 July 2020. The company has reported that during the reported period, the group’s performance remained strong driven by Digital a...
Mpac Group Plc acquires Switchback Group, Inc.
September 09, 2020 08:55 PM BST| By Team Kalkine MediaMpac Group Plc (LON: MPAC) has acquired the entire issued share capital of Switchback Group, Inc. The initial consideration for the acquisition is $13.0 million, payable in cash, financed from the Group's existing cash resources. Addition...
Kosmos Energy Limited enters an agreement with B.V. Dordtsche Petroleum Maatschappij
September 09, 2020 08:54 PM BST| By Team Kalkine MediaKosmos Energy Limited (LON: KOS) in order to farm down interests in a portfolio of frontier exploration assets, has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij, a wholly-owned subsidiary of Royal Dutch Shell PLC. T...
What is Ripple?
September 10, 2020 12:00 AM AEST| By Edita IvancevicCryptocurrency markets are getting more recognition and investments daily. Anonymity, privacy, easy accessibility and blockchain technology are only a few advantages that attract people into buying cryptocurrencies. ALSO READ: What is a cryptocurr.....