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ISXUK Approved As An Authorised Electronic Money Institution | UK Market Update
September 15, 2020 04:15 AM AEST| By Team Kalkine MediaiSignthis Ltd announced that its wholly owned UK subsidiary ISXUK, as per the Electronic Money Regulations 2011, was approved as an Authorised Electronic Money Institution by Financial Conduct Authority (FCA), UK. ISX now has full access and continui...
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Jane Fraser announced as the new CEO of the Citi group | UK Market Update
September 12, 2020 04:16 AM AEST| By Team Kalkine MediaCitigroup CEO Michael Corbat announces retirement after serving the company for 37 years. Mr Corbat has served the group for eight years and now plans to retire from Citi. Michael Corbat will step down from its Board of Directors in February 2021. Fu...
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AstraZeneca Suspends COVID-19 Vaccine Trial on Safety Concern | UK Market Update
September 09, 2020 12:00 PM AEST| By Team Kalkine MediaUK based pharma major, AstraZeneca Plc (LON:AZN), which is developing COVID-19 vaccine with the University of Oxford stated that it had paused late-stage trial of the COVID-19 vaccine candidate. The trial was put on hold after a volunteer developed s...
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Thomas Cook is back and 'set to relaunch | UK Market Update
September 09, 2020 03:11 AM AEST| By Team Kalkine MediaThe owner of Primark has said that the fashion brand’s sales have been better than anticipated since stores opened again post the lockdown, however they are lower as compared to last year’s numbers. Associated British Foods said sales sin...
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Australia locks in nearly four million doses of coronavirus vaccine | UK Market Update
September 08, 2020 04:24 AM AEST| By Team Kalkine MediaThe National Crime Agency is stand facing condemnation for lacking to inspect reports claiming that banks falsified signatures and produced fictitious evidence in court actions to recoup homes. The NCA has obtained at least 19 boxes of proof linking...
HS2 rail project work commences with a projected promise of 22,000 jobs | UK Market Update
September 05, 2020 05:18 AM AEST| By Team Kalkine MediaTreasury figures show that Eateries have claimed more than 100 million meals under the Eat Out to Help Out scheme. Diners got a state-backed 50% discount on meals and soft drinks up to £10 each on Mondays, Tuesdays and Wednesdays during August....
Lloyds Bank dithering on the stock exchanges
September 04, 2020 06:03 AM AEST| By Team Kalkine MediaLloyds Bank dithering on the stock exchanges Lloyds Bank Plc, the top UK bank has been dithering on the stock exchanges since the outbreak of Covid-19. Barring some brief upticks, the stocks of Lloyds Bank Plc have been hovering in a range of 28-31...
Heathrow to axe up to 25% of its frontline jobs, under discussions with unions | UK Market Update
September 04, 2020 04:01 AM AEST| By Team Kalkine MediaBritain's major airport could cut a fourth of its frontline staff after months of talks with trade unions about employee pay and conditions failed to land an agreement. Heathrow Airport notified union representatives on Wednesday that it was publishi...
A £50 million funding boost for artificial intelligence in NHS | UK Market Update
September 03, 2020 05:06 AM AEST| By Team Kalkine MediaThe government is advising firms to sign up for a program to generate work positions for young people who are at the probability of becoming long-term unemployed, just as many companies are shrinking their workforces. The Kickstart scheme will offer...
AstraZeneca Starts U.S. Final-Stage Trial | UK Market Update
September 01, 2020 12:00 PM AEST| By Team Kalkine MediaPopular videoconferencing app Zoom has seen its revenues skyrocket as second-quarter profits more than doubled due to the coronavirus crisis. Revenues leaped 355% to $663.5m (£496.3m) for the three months ending 31 July, beating analysts' expec...
Price of plastic bags to double to 10p from 2021 | UK Market Update
September 01, 2020 04:04 AM AEST| By Team Kalkine MediaThe former owner of Saga is returning to the business by investing £100m to support the company’s finances. Sir Roger de Haan, who traded Saga for £1.35bn 16 years ago, will add the funds in return for a 20% stake in the company wit...
Pret A Manger to cut 3,000 jobs | UK Market Update
August 29, 2020 04:23 AM AEST| By Team Kalkine MediaWalmart has partnered with Microsoft to bid for the US operations of hugely popular video-sharing app TikTok, as the world’s largest retailer looks to become a force in the fast-growing digital media sector. Walmart, which is looking beyond bri...
Gatwick Airport plans to cut 600 jobs | UK Market Update
August 28, 2020 04:03 AM AEST| By Team Kalkine MediaGatwick Airport has uncovered plans to slash a fourth of its staff due to coronavirus. 600 jobs could be lost in the wake of an 80% reduction in the number of commuters. The airport is operating at about 20% its customary capacity for August, with on...
Investing in Technology Stocks UK
August 27, 2020 06:22 AM AEST| By Team Kalkine MediaTechnology stocks represent shares of publicly trading companies from the technology sector, ranging from software providers to semiconductor producers. It offers a wide range of services and products for both customers and other businesses. Broadly,...
Appledore Shipyard in Devon to reopen | UK Market Update
August 27, 2020 05:37 AM AEST| By Team Kalkine MediaMore than 64 million meals have now been claimed by diners since the Government launched the Eat Out to Help Out discount scheme at the start of the month. The Treasury said this represents a continued 'upward trend' in dining, after 10.5 million mea...
Tesco will create 16,000 new permanent Jobs | UK Market Update
August 26, 2020 04:26 AM AEST| By Team Kalkine MediaTesco will create 16,000 new permanent jobs after lockdown led to "exceptional growth" in its online business. The new posts will include 10,000 staff to pick customer orders from shelves and 3,000 delivery drivers. The recruitment drive reflects the...
Investing in Penny Stocks | Penny Stocks UK
August 25, 2020 12:00 PM AEST| By Team Kalkine MediaPenny stocks are market traded common shares which are generally valued for less than £1 on the UK bourse (below $5 on the US exchange). Such shares have a lower market capitalization (generally less than ~£250 million) and are highly spe...
John Lewis prepares to drop 'never knowingly undersold' pledge | UK Market Update
August 25, 2020 04:05 AM AEST| By Team Kalkine MediaJohn Lewis is set to drop its “never knowingly undersold” price pledge, which the department store has proffered its consumers for almost a century, as new boss Sharon White tries to plot the retailer’s path out of the coronavirus c...
AO to create 650 jobs after sales growth | UK Market Update
August 22, 2020 12:00 PM AEST| By Team Kalkine MediaOnline technology retailer AO World is to create 650 new jobs as part of a major recruitment drive after the coronavirus pandemic accelerated digital sales. It said the new recruits will help the company to manage the sustained increase in demand see...
AirBnB bans house parties Globally | UK Market Update
August 22, 2020 05:40 AM AEST| By Team Kalkine MediaAirbnb has banned house parties as part of its efforts to comply with limits on gatherings in the wake of the coronavirus pandemic. Occupancy will be limited to 16 people, with a few exceptions for some venues. Lockdown parties hosted in Airbnb prope...
AI on the Rise: A Look at Top AI Companies and Their Stocks