Welcome to Kalkine Media’s daily update of the latest events in the UK financial markets, the economy and major corporate moves -
1. Amazon's multi-million-pound investment in Deliveroo has been cleared by the competition watchdog after the food delivery firm warned it would go bust because of the coronavirus lockdown.
2. Debenhams says it has struck deals with landlords to keep most of its 142 stores open after it fell into administration last week.
3. A leading executive of the US drugs giant behind a medicine being touted as a successful treatment for COVID-19 has urged caution over its efficacy.
4. US crude oil prices dipped below $18 a barrel on Friday, the lowest level since 2002, as energy markets struggled to absorb a record glut created by the coronavirus pandemic.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.