Industrial
General Electric (LON: GEC) to Pay $200 Million As Penalty to Resolv...
December 11, 2020 12:04 AM AEDT | By Kunal SawhneySummary General Electric has agreed to pay $200 million to settle the probe into a case of misleading investors launched by the US Securities and E...
Does recent restructuring activities lift the financial performance...
December 09, 2020 01:03 AM AEDT | By Hina ChowdharySummary Avon Rubber Plc has reported a 30.8% surge in revenues during FY20. The Company has completed the acquisition of Team Wendy LLC on 02 Nove...
Siemens Energy AG (LON: 0SEA) mulls moving away from coal-fired powe...
December 06, 2020 11:36 AM AEDT | By Team Kalkine MediaSiemens Energy AG (LON: 0SEA), the newly spun-off business of German power sector conglomerate Siemens AG, has decided not to tender for coal based po...
Siemens Energy (LON: 0SEA) to be listed on the MDAX index of Germany
December 05, 2020 12:15 AM AEDT | By Hina ChowdharySummary Siemens Energy is going to be listed on the MDAX index of Germany The company will jointly develop world’s first industrial plant fo...
What made Grafton Group to acquire wooden staircase maker for £44 mi...
December 03, 2020 02:15 AM AEDT | By Hina ChowdharySummary Grafton Group Plc has reported a revenue increase of 4.7% for the four months ended on 31 October 2020. The Company will acquire StairBox...
How are Automotive and Powder Metallurgy Divisions of Melrose Indust...
December 02, 2020 01:48 AM AEDT | By Hina ChowdharySummary Melrose Industries Plc has reported an adjusted revenue contraction of 25.8% during H1 FY20. The automotive segment has reported profitabi...
Why is Bodycote undergoing various restructuring activities?
December 01, 2020 01:22 AM AEDT | By Kunal SawhneySummary Bodycote Plc has reported a revenue contraction of 18.0% for the ten-months period ended on 31 October 2020. The Company has witnessed a s...
Royal Mail’s (LON: RMG) Parcel Revenue Surpasses Letters in First Ha...
November 20, 2020 09:19 PM AEDT | By Hina ChowdharySummary Royal Mail’s revenue rose by 9.8 per cent to £5.67 billion in the first half of this year The company reported an operating lo...
Britain banning sale of petrol and diesel cars from 2030
November 17, 2020 03:53 AM AEDT | By Kunal SawhneySummary Official announcement expected within a week’s time, according to sources Fossil fuel based car makers to face a narrowing window fo...
Why is The Hut Group (LON: THG) CEO receiving the highest payout in...
November 17, 2020 01:55 AM AEDT | By Team Kalkine MediaSummary CEO and founder of The Hut Group Matthew Moulding is set to get the highest payout in the UK corporate history In 2020, the company had th...
Can Rolls-Royce (LON: RR.) ride out the pandemic with a fresh fundra...
November 15, 2020 05:29 PM AEDT | By Team Kalkine MediaSummary Rolls Royce successfully got £2 billion to sail through the turbulent times The pandemic has weighed down heavily on the business of...
Are these two industrial players showing signs of recovery: Qinetiq...
November 14, 2020 03:38 AM AEDT | By Hina ChowdharySummary Qinetiq Group Plc has reported a surge in revenue of 24% during H1 FY21. The Company delivered a strong cash performance with 134% underly...
How did Brickability (LON: BRCK) display a V-shaped recovery amid th...
November 14, 2020 03:32 AM AEDT | By Hina ChowdharySummary The construction materials distributor’s performance improved as it came out of the pandemic’s worst phase The company has lin...
Will BAE Systems (LON: BA.) Fortune Change with the £4.8 Billion Ger...
November 13, 2020 11:45 PM AEDT | By Hina ChowdharySummary BAE has reportedly won a contract worth £4.8 billion to build Eurofighter jets for Germany The company is expected to launch Tempest...
How well these two LSE players are performing after releasing their...
November 13, 2020 01:56 AM AEDT | By Hina ChowdharySummary BAE Systems Plc is expecting its FY20 revenues to grow by a low single-digit percentage. The Company has announced an interim dividend of...
Caterpillar Q3 profit drops by half as lower equipment demand bites...
October 29, 2020 01:06 AM AEDT | By Team Kalkine MediaCaterpillar Q3 profit drops by half as lower equipment demand bites revenue Caterpillar profit per share for the September 2020 quarter came in at...
Rolls-Royce and Meggitt shares in Focus as Aerospace Sector Record W...
October 27, 2020 03:20 AM AEDT | By Team Kalkine MediaSummary The global aerospace industry has just recorded its worst quarter this year with the lowest number of new orders recorded Job redundancies...
Royal Mail Christmas on a hiring spree: 33,000 positions added to ha...
October 27, 2020 03:12 AM AEDT | By Kunal SawhneySummary According to Royal Mail, the temporary workers during the Christmas period will be required to manage the additional traffic of parcels and...
Latest Business Updates Unveiled by Two LSE Stocks - Mondi Plc and E...
October 24, 2020 04:19 AM AEDT | By Hina ChowdharySummary Mondi Plc's EBITDA for Q3 2020 declined by 20% year on year in Q3 20. The underlying EBITDA is expected to be down by around €100 mil...
Tesla drives profits for fifth quarter in a row
October 24, 2020 02:58 AM AEDT | By Kunal SawhneySummary Despite the coronavirus pandemic, sales at Tesla have scaled up to reach a new record high Tesla hoped to meet its vehicle target set for...
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