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Bank Of England Sees The British Economy Making A Sharp Turnaround
July 21, 2020 01:30 PM BST| By Team Kalkine MediaSummary The chief economist of BOE Andy Haldane believes that the British economy is witnessing a V-shaped recovery since the beginning of May 2020 Main risk factor that could jeopardize this recovery is the rising unemployment levels across th.....
Step Forward: Oxford/AstraZeneca’s AZD1222 Shows Promising Results in Early Human Trials
July 21, 2020 12:58 PM BST| By Team Kalkine MediaSummary Currently, more than 160 vaccines are under different stages of development (clinical and preclinical). With several ongoing studies around the world, people are eagerly waiting for some good news as the pandemic continues to wreak havo.....
Retail industry faces ‘COVID-19 hangover’ as consumers spend with caution
July 21, 2020 07:00 AM BST| By Team Kalkine MediaSummary The pandemic has left major impact on Canada’s struggling retail industry Consumer behavior has changed forever, and rules of retail are being rewritten by the new normal After historic declines in March and April, May retail fig.....
Coinsquare In Soup Over Wash Trade Allegations, Watchdog launches investigation
July 21, 2020 04:00 PM AEST| By Team Kalkine MediaSummary Ontario Securities Commission has launched investigation against Canadian crypto trading platform Coinsquare, its founder Virgile Rostand, CEO Cole Diamond and Chief Compliance Officer Felix Mazer The crypto trading platform allegedly m.....
Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 2)
July 21, 2020 06:59 AM BST| By Team Kalkine MediaSummary Governments from several countries are taking initiatives to accelerate vaccine development for COVID-19 and ensuring fair distribution once a vaccine is approved. The COVAX facility is a global collaboration to fast-track the developme.....
Japanese Exports face the Steepest Plunge as Economy sinks into Recession
July 21, 2020 05:29 AM BST| By Team Kalkine MediaSummary Japan’s economy slipped into recession in May, with a contraction in GDP by 3.4% annually in Q1 2020, followed by a 7.3% plunge in the previous quarter. Exports plunged 26.2% in June from a year ago as overseas demand for cars, an.....
Covid 19 Update: New findings reveal that T-cells are vital to fight Coronavirus
July 20, 2020 10:18 PM BST| By Kunal SawhneySummary T-cells influence how long a corona patient can remain resistant to a re-infection: University College London They offer prominent protection against fighting with coronavirus: Oxford University The scientists who are developing Covid-.....
British Lenders May Discontinue Many Categories of Loan Offerings on Fear of Default
July 20, 2020 08:55 PM BST| By Team Kalkine MediaSummary Many of the British lenders expect households and businesses to default on their debts The prices of mortgage contracts are expected to rise in the short term. The banks witnessed an increase in credit offering to the corporate sector .....
FTSE AIM Index Edged Higher by 0.96% at Close of Trade; Synairgen up 420.55%
July 20, 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 9.17 points or 0.28 per cent higher at 3,233.90, Dow Jones Industrial Average Index contracted by 78.70 points or 0.30 per cent lower...
Education sector in the UK in a dire state, 13 Universities on the brink of collapse: IFS
July 20, 2020 02:00 PM BST| By Hina ChowdharySummary British Universities earn nearly £40 billion annually, most of which is under risk now as a result of the coronavirus pandemic Without a bailout package from the government, 13 universities in the country run the risk of going ban.....
47,000 more youngsters went jobless during March to June 2020, compared to same period last year
July 20, 2020 01:55 PM BST| By Kunal SawhneySummary The furloughing scheme has masked the true state of joblessness in the country; however, the corona-impact is more visible in new people joining the workforce Centrica Plc is suggesting its staff to accept modified work contracts, that.....
Double-dip Recession: A possibility in the US?
July 20, 2020 11:28 AM BST| By Team Kalkine MediaSummary The resurgence of COVID-19 cases in some nations worldwide along with the US has sparked fears and risk of another global economic downturn. The rapid acceleration of coronavirus cases in the US is threatening the economic recovery of t.....
Airbnb Back to Square One?
July 20, 2020 10:52 AM BST| By Team Kalkine MediaThe travel industry will not be the same again, says Airbnb CEO, Brian Chesky. The boss of Airbnb - a vacation rental online marketplace company, admitted losing almost everything of what it took them 12 years to build. The worldwide outburst of n.....
How has Social Media changed the outlook for some Digital Stocks?
July 20, 2020 06:34 AM BST| By Team Kalkine MediaSummary Social media has emerged as an influential medium to aid the efforts made by individuals and entities to expand their businesses. Quantifiable user data generated via social media platform are further tracked, segmented, and analysed at.....
50 Years Journey of Boeing 747 to Come to an End in 2020
July 19, 2020 12:20 AM BST| By Hina ChowdharySummary British Airways has planned to retire its entire Boeing 747 'Jumbo Jet' fleet because of the Coronavirus impact International Consolidated Airlines Group (IAG) had reported a net loss of 1.68 billion Euros ($1.8 billion) in the three mo.....
A Review of the Financial Position of Three Stocks- RMG, HRI and CFYN
July 19, 2020 12:10 AM BST| By Kunal SawhneyWith the release of the half-yearly and final results, we will be discussing below the financial highlights of three listed stocks: Royal Mail PLC Royal Mail Plc was established 504 years ago in the year 1516, initially as a public corporation, fac...
Bulls and Bears: Future of business and stocks on Brexit deal
July 19, 2020 12:00 AM BST| By Team Kalkine MediaThe dense fog over Brexit, which was hovering since June 2016 referendum, cleared its first hurdle after many hiccups, at the beginning of the year on January 31, 2020. But this is not all and there is still more to achieve in terms of business and e...
Manufacturers in The UK Wary of The Outcome If a Brexit Deal Does Not Materialise
July 18, 2020 05:35 PM BST| By Hina ChowdharySummary The coronavirus pandemic has delayed the Brexit-deal negotiations between the UK and EU, with now only six months to go before the EU common area regulations expire Should a deal fail to materialize in time major manufacturing regions l.....
Banking Sector Lobby Group Asks the Government to Treat Covid-19 Loans Like Student Loans
July 18, 2020 05:31 PM BST| By Kunal SawhneySummary Banking sector lobby group TheCityUK feels that Covid-19 loans should be treated like student loans to make it easy for businesses to repay them £64 billion worth of debt would be at risk of going bad, and nearly 800,000 firms wou.....
UK Witnesses Spike in IT Job Advertisements with The Ease in Lockdown
July 18, 2020 05:27 PM BST| By Team Kalkine MediaSummary The coronavirus appeared not that big an issue for the technology sector, which is a very diversified sector. IT and technology jobs have dominated the whole employment sphere in terms of the active number of job postings. The business.....
