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FTSE AIM All-Share Index Surged by 1.20%; 7digital Group up 175.56%
August 17, 2020 02:55 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 11.77 points or 0.35 per cent higher at 3,384.62, Dow Jones Industrial Average Index contracted by 53.59 points or 0.19 per cent lowe...
Tata’s Step Ahead of the Failure to Secure Financial Assistance
August 17, 2020 02:14 PM BST| By Hina ChowdharySummary Covid-19 is having a severe impact on the globally integrated automotive industry of the United Kingdom The Tata Group might look for a strategic partner for Jaguar Land Rover (JLR), as a result of the failure in securing a fi.....
Housing market trends: Boom continues with £37 billion summer sales
August 17, 2020 02:11 PM BST| By Kunal SawhneySummary Property firm, Rightmove, reported that the summer month of July 2020 was its busiest month in a decade with boom in housing market led total sales at approximately £37 billion. This was £12 billion more residential...
What Next For The Ailing UK Economy?
August 17, 2020 02:11 PM BST| By Team Kalkine MediaThe UK’s economy contracted by more than 20 per cent during the second quarter of 2020, much more than US or most parts of the Europe. While the Boris Johnson government is being blamed for imposing a late and long-stretched lockdown that cau.....
The British Government Extends the Self-Employment Income Support Scheme
August 17, 2020 02:10 PM BST| By Team Kalkine MediaSummary The government announced the second call for Self-Employment Income Support Scheme (SEISS), just a week after the Office of National Statistics reported that nearly 750,000 jobs had been lost since the imposition of Lockdown in March Th.....
Fortnite removed from Apple store; Here’s what you need to know about Apple-Epic Clash
August 17, 2020 09:47 AM BST| By Team Kalkine MediaApple Inc. (NYSE:AAPL) has removed Epic Games’ famous game 'Fortnite Battle Royale' from the App Store after the gaming company bypassed Apple's standard 30 per cent fee and implemented its own in-app payment system last week. Subsequently, F.....
Job market crisis: Coronavirus pandemic takes away 730,000 jobs and brings huge pay cuts
August 16, 2020 02:20 AM BST| By Team Kalkine MediaSummary The job market is reeling due to the economic crisis brought in by the coronavirus pandemic. According to the latest data from the ONS, 730,000 jobs have been lost since the lockdown shut business activities. The wages over the three .....
Banking And Fintech Collaboration: Does The Road Less Travelled Hold Potential?
August 16, 2020 01:40 AM BST| By Hina ChowdharySummary Banks are increasing adopting fintech solutions, and coronavirus pandemic has fastened the rate Usage of online banking by adults in Britain jumped from 72 per cent in 2018 to 80 per cent in 2019: UK Finance Neobanks or &lsqu.....
How Long Does the Woes of Travel-Tourism and Aviation Sector Will Continue Post Lockdown?
August 16, 2020 01:18 AM BST| By Kunal SawhneySummary France becomes the latest entrant in the list of UK quarantine countries Spain was removed from travel corridor list in last week of July after reports of a rise in infection Travel & Tour companies in focus: easyJet & TUI .....
Airbnb Restricts Unofficial Parties under-25s; Q2 Revenue Falls but IPO Plans On
August 16, 2020 01:00 AM BST| By Team Kalkine MediaAirbnb Inc, the online marketplace for vacation rentals has been making news recently, first the company declared its second quarter (Q2) earnings and firm plans of IPO, secondly its announcement to confine bookings for unauthorised parties through.....
Why do extra wealthy people never show off, the 70/30 rule in finance for spending on luxury
August 15, 2020 04:13 PM BST| By Team Kalkine MediaAs many people around the world have started to take fitness and lifestyle more seriously, quite a few experts talk about diet being more important than exercise. The more you work out, the hungrier you feel, and it isn’t nearly possibl.....
5 Start-ups That Are Giving the Established Players A Run for Their Money
August 15, 2020 04:10 PM BST| By Team Kalkine MediaA lot has been happening lately in the corporate world, and things have taken a different turn for businesses. Off late, numerous domestic start-ups have pouched significant attention from global players and are giving established businesses a run .....
COVID-19 Impacting Mental Health: Youth getting affected more
August 15, 2020 04:00 PM BST| By Team Kalkine MediaCOVID-19 pandemic may be stressful for people, and it is normal to feel anxious & stressed during such times. Fear, anxiety, worry, and stress are normal responses to any perceived as well as real dangers, and at times when we confront any unce.....
PE Fund Activity Slumps to A Two-Year Low, hit By the Coronavirus Pandemic
August 15, 2020 01:05 AM BST| By Team Kalkine MediaSummary Worldwide Private Equity firms raised around $116 billion in funding during the April to June quarter, which is the lowest since the first quarter of 2018 Following the lockdown, in major cities in Europe, 45 Private Equity and Venture .....
Coronavirus effect: July sales in UK pub, bar and restaurant chains down at 50 per cent
August 14, 2020 08:47 PM BST| By Team Kalkine MediaSummary According to data from the latest monthly Coffer Peach Business Tracker, sales in July 2020 were down 50.4 per cent on year-on-year basis. Reluctance from the customers to come out for eating and drinking impacted the sales and spiked t.....
PM Announces Further Relaxation in the Lockdown Restrictions- Cineworld Group in focus
August 14, 2020 02:35 PM BST| By Kunal SawhneySummary Boris Johnson announced that there would be further relaxation provided in the lockdown restrictions imposed by the British government Indoor theatres, music and performance venues, wedding receptions, sports events, etc. will take plac.....
British Government Signs Up for another 90 Million Doses of Covid-19 Vaccine
August 14, 2020 02:22 PM BST| By Hina ChowdharySummary The UK has added 90 million doses of coronavirus vaccine to its existing stockpile UK potential reserve stands at over 300 million doses of experimental vaccines AstraZeneca previously signed up for supplying 30 million of doses by Sep.....
Post-Lockdown One in Three British Firms Struggling with Sustainability
August 14, 2020 02:10 PM BST| By Kunal SawhneySummary Slow pick of business activity is attributed to the continuing social distancing measures and fear of people to come out of their houses and visit shops, supermarkets, and other business establishments. Some sectors like transport, hot.....
Hollywood Bowl Group Plc Expanded by 16.07% at Close of Trade
August 14, 2020 02:10 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 2.49 points or 0.07 per cent higher at 3,375.92, Dow Jones Industrial Average Index expanded by 29.86 points or 0.11 per cent higher...
Need For A Strong Infrastructure Sector To Boost Economic Growth In The UK
August 13, 2020 09:48 PM BST| By Kunal SawhneySummary Economic crisis during the coronavirus pandemic has re-emphasised the need for having continued attention on infrastructure projects for boosting economic growth. According to the 2019 data for overall quality of infrastructure present.....
