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UK Government to Borrow £225 Billion To Stimulate Public Spending
April 25, 2020 01:00 AM BST| By Hina ChowdharyUnited Kingdom’s Debt Management Office, which is the department that is involved in the sale of bonds, to raise finance for the government to increase public spending, issued a press release on 23rd April 2020, to announce a revision for the f...
UK Starts Human Trial of Covid-19 Vaccine
April 24, 2020 10:09 PM BST| By Team Kalkine MediaThe UK has begun the human trial of the coronavirus vaccine in the country. Health Minister, Matt Hancock, in a recent announcement had said that they would conduct human trials of a potential coronavirus vaccine in the United Kingdom; however, there...
How the European Markets Performed in Friday’s Trading Session?
April 24, 2020 06:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 9.40 points or 0.34 per cent higher at 2,807.20, Dow Jones Industrial Average Index expanded by 23.64 points or 0.10 per cent higher at 23,5...
Nearly 80 Per Cent of Restaurants and Pubs Staff Put on Furloughing Scheme: ONS Survey
April 24, 2020 04:00 AM BST| By Kunal SawhneyIt seems nearly all small and big sized pubs and restaurants have taken shelter under the Government Furloughing scheme. In a survey conducted by the Office of the National Statistics, the official forecaster of the British government, it has been fo...
FTSE-100 Index Inches Higher by 0.97% at Close of Trade
April 23, 2020 04:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 16.49 points or 0.59 per cent higher at 2,815.80, Dow Jones Industrial Average Index expanded by 179.90 points or 0.77 per cent higher...
US and European Equities Rebound in Wednesday’s Session, Driven by Recovery in Oil Prices
April 23, 2020 03:29 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 48.55 points or 1.77 per cent higher at 2,785.11, Dow Jones Industrial Average Index expanded by 373.60 points or 1.62 per cent higher at 23...
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Do We Need to Be Cautious of These FTSE Stocks Amid the Pandemic?
April 22, 2020 01:14 AM BST| By Team Kalkine MediaEven though the global financial markets have shown some signs of recovery in the last 20 days or so, there is still a lot of volatility and quandary in the minds of the investors. This dilemma is being driven by the persistent threat of the Covid-19...
Global Equities Tumble Due to Oil Crash
April 21, 2020 07:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 77.96 points or 2.76% lower at 2,745.20, Dow Jones Industrial Average Index contracted by 543.40 points or 2.30% lower at 23,107.04, and the t...
Latest Business Initiatives Unveiled by Two FTSE Listed Stocks Amid the Covid-19 Mayhem: Rio Tinto & Man Group
April 20, 2020 09:07 PM BST| By Team Kalkine MediaThe European and London markets were trading lower in Monday’s trading session (at the time of writing as on 20th April 2020, GMT 9:30 AM), with the gradual restart of US activities, while some companies showed resilient performance in the firs...
Quick Review of US and European Markets’ Trading Performance
April 20, 2020 08:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 20.36 points or 0.71 per cent lower at 2,854.20, Dow Jones Industrial Average Index contracted by 250.92 points or 1.04 per cent lower at 23,9...
What should be your investment approach to benefit from COVID-19 pandemic?
April 18, 2020 12:34 AM BST| By Kunal SawhneyThe COVID-19 pandemic has not spared any nation or individual; everyone is impacted either directly or indirectly. Two months ago, no one even thought of the kind of bloodbath which we have witnessed in the past two months’ time. The year 2020,...
European Shares Rise in Friday’s Session; FTSE-100 Index up by 2.82%
April 17, 2020 11:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 36.55 points or 1.31% higher at 2,836.10, Dow Jones Industrial Average Index expanded by 327.10 points or 1.39% higher at 23,864.78, and the...
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Britain Extends Stimulus Fund Support to Larger Enterprises
April 17, 2020 05:20 AM BST| By Team Kalkine MediaThe Government of United Kingdom has now announced that it will be extending its stimulus funding support to larger companies as well to those who would not be able to avail of the bond repurchase scheme announcement, made by the Bank of England last...
FTSE-100 Index Edges Higher by 0.55% in Thursday’s Market Session
April 17, 2020 04:15 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in mix - particularly, the S&P 500 index traded 3.06 points or 0.11% lower at 2,780.30, Dow Jones Industrial Average Index contracted by 189.47 points or 0.81% lower at 23,314.88, and the te...
Lockdown Impact-Amazon to Hire Another 75,000 in the US Amid the Covid-19 Crisis
April 15, 2020 08:11 PM BST| By Hina ChowdharyThe coronavirus outbreak has taken its toll on the overall global economy, workers are reeling from the initial shock of the coronavirus recession, with a burst in job losses, which is being termed unprecedented. Lots of companies are forced to cut j...
How the US and European Markets Performed in Wednesday’s Trading Session?
April 15, 2020 11:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 72.48 points or 2.55 per cent lower at 2,773.58, Dow Jones Industrial Average Index contracted by 580.76 points or 2.42 per cent lower at 23,3...
Wall Street Rises in Tuesday’s Trading Session
April 15, 2020 03:42 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 78.40 points or 2.84% higher at 2,840.03, Dow Jones Industrial Average Index expanded by 552.31 points or 2.36% higher at 23,943.08, and the...
How Is the British Financial Sector Performing Amid The Coronavirus Fallout?
April 14, 2020 10:43 PM BST| By Team Kalkine MediaThe falling business activity levels in the country has put the British financial sector at serious risk. Not only is the industry heading towards the possibility of increase in its bad loans levels, but credit offtake in the country has also gone do...
Guide to Invest in 2020 Bear Market
April 14, 2020 07:28 PM BST| By Team Kalkine MediaImagine a bear attacking its prey, swiping its paws in a downward motion; that’s how the global equity markets are performing for the last few months. Needless to say, its COVID-19 repercussions! The global health crisis has triggere...
UK Trebles its Emergency Response Fund for Covid-19 to £14.5 billion
April 14, 2020 01:40 PM BST| By Team Kalkine MediaThe British chancellor, Rishi Sunak has reportedly beefed up the relief package for Covid-19 by almost three times to provide financial assistance to NHS (National Health Service), the publicly funded national healthcare system for Britain...
