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Covid 19
Are We Very Near to the Breakthrough for Coronavirus Vaccine?
May 01, 2020 08:45 AM BST| By Team Kalkine MediaThe COVID-19 pandemic has exposed humanity against the deadly virus, which has left the whole world under shambles. The kind of destruction the world has witnessed in the last few months in terms of health, wealth and well-being is quite unprecedent....
Impact of Novel Coronavirus on UK Steel Industry; Tata Steel Seeks £500 Million Bailout
April 28, 2020 09:25 PM BST| By Kunal SawhneyThe UK’s Steel industry requires urgent support to keep running the vital sector amid the novel coronavirus emergency. The steel industry is the backbone of the UK as it supports other sectors as well, such as defence, construction and the auto...
UK Firms Stop Pension Top Ups as Coronavirus Fears Continue
April 26, 2020 02:57 AM BST| By Team Kalkine MediaAs the covid-19 crisis worsens, its economic impact has been showing worrying signs for the global economy. As of 25th April 2020, the total number of cases in the United Kingdom were reported to be at 138,082, and the total number of deaths in the e...
Unilever: Coronavirus To Change Consumers’ Shopping Behavior For Long Term
April 25, 2020 09:08 PM BST| By Kunal SawhneyThe novel coronavirus has changed the buying habits of the people as the demand for the safety and hygiene products has significantly increased in response to the pressing concerns of virus transmission. The people around the world want their hands,...
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...
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...
Coronavirus Domino Effect: Accounting Majors To Cut Salaries Ahead Of Expected Revenue Loss
April 22, 2020 10:14 PM BST| By Kunal SawhneyThe latest news among a host of London based Audit firms is coming on Grant Thornton Ltd that has announced its plan to adopt a pay cut for at least 300 of its staffs due to the expected revenue loss led by pandemic slowdown. Prior to that, other maj...
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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...
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...
Roche Holdings AG to Launch New Coronavirus Antibody Test Next Month In the UK
April 20, 2020 08:29 PM BST| By Kunal SawhneyThe number of global confirmed cases of the novel coronavirus has surpassed two million, government and different pharma companies are still struggling to get any breakthrough, in either the containment or cure of the pandemic. The number of dea...
Sunak Finally Launches Fund for The Young and Innovative Start-Ups
April 20, 2020 05:26 PM BST| By Kunal SawhneyIt seems Chancellor Sunak has responded to the pleas of the Start-ups in the country. A new scheme has been announced to protect fast-growing and innovative companies from the economic fallout caused by the coronavirus pandemic. The government has an...
Coronavirus: United Kingdom extends lockdown for another three weeks
April 18, 2020 09:21 PM BST| By Team Kalkine MediaThe British government has officially announced the extension of nationwide lockdown for ‘at least’ three more weeks, i.e. till May 7. British Foreign Secretary Dominic Raab announced the cabinet’s decision to extend the lockdown d...
Coronavirus Outbreak Turbo-Charge The Demand For Sanitiser Gel Products
April 18, 2020 07:37 PM BST| By Team Kalkine MediaOver the past few months, the ongoing Covid-19 outbreak has wreaked havoc on human life and global trade. According to World Health Organisation (WHO), 2,034,802 people have been found infected with the contagious virus out of which 135,163 died acro...
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,...
Airbus’ Ventilator to Support UK NHS Against Covid-19
April 17, 2020 03:40 PM BST| By Hina ChowdharyThe first new ventilator, called the Penlon Prima ESO2, that has been developed by Airbus, in close association with a number of components suppliers for Formula 1 cars, that could be used to treat people with severe symptoms of Covid-19&nb...
Aviation Sector Eyeing Revival Once Out of the Coronavirus Catastrophe
April 17, 2020 02:12 PM BST| By Hina ChowdharyThe outbreak of the deadly coronavirus has already caused a catastrophe in the capital markets; more specifically, travel stocks have plummeted significantly. People have been advised to maintain social distancing and to stay at homes. With the lockd...
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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...
Impact Of Novel Coronavirus And Earnings Of Three LSE Stocks - CARR, CSN & HGM
April 16, 2020 10:08 PM BST| By Team Kalkine MediaThe coronavirus-induced lockdown has been adversely affecting the economy of the entire world that is estimated to go into a deep recession worst of all times. Senior economists believe that the United Kingdom economy could be severely hurt with a de...
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What Accounting and Auditing Rule Changes are Expected in The UK Because Of Coronavirus?
April 16, 2020 08:43 PM BST| By Team Kalkine MediaJust like all the other industries and business support services that have been affected by the Covid-19 Pandemic, the accounting and auditing space has also suffered a major blow with this outbreak. Some of the biggest global accounting firms, such...
