Covid 19
Global Aviation Industry Likely to Have A $314 Billion Of Coronavirus Impact
April 16, 2020 01:55 AM BST| By Team Kalkine MediaThe ongoing Covid-19 pandemic outbreak has severely hit the global aviation, and as per the International Air Transport Association (IATA), the sector is likely to witness a plunge of 55 per cent or $314 billion in 2020 in annual passenger revenue, i...
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 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...
Earnings Of Three LSE Listed Stocks and Impact Of Novel Coronavirus - SDL, SLN, MHPC
April 14, 2020 08:39 AM BST| By Team Kalkine MediaLast month, Financial Conduct Authority (FCA) of UK had requested all listed companies to adhere a freeze on the publication of preliminary financial statements for at least 2 weeks. However, lots of companies have announced their final results. Here...
IMF Warns Coronavirus to Trigger ‘Worst’ Economic Fallout Since 1930’s Great Depression
April 12, 2020 07:58 AM BST| By Team Kalkine Media'[p;/[The Managing Director of International Monetary Fund (IMF) Kristalina Georgieva stated on Thursday, 9 April 2020, that the coronavirus pandemic will be pushing the global economy into a deeper recession that could be worse than the Great Depres...
The Plight of Aviation Sector; EasyJet Plc secures coronavirus loan under CCFF
April 08, 2020 09:10 PM BST| By Hina ChowdharyThe novel coronavirus has taken its toll on almost all the industries, but the Aviation industry is one such sector which has suffered the most, and many of the airlines across the globe are on the brink of collapse. While the other sectors started f...
Two FTSE-100 Listed Rationally Performing Companies Amid Coronavirus Uncertainty: DS Smith PLC and Tesco PLC
April 08, 2020 09:00 PM BST| By Kunal SawhneyDuring this unprecedented time, economies are impacted across the globe, whereas many FMCG and grocery retailers are witnessing increased demand and remain resilient and faced relatively limited impact from Covid-19 outbreak. Today, we will discuss t...
Some British Industries to Gain Big Despite PMI Numbers Struggling through Coronavirus Turmoil
April 07, 2020 07:44 PM BST| By Team Kalkine MediaThe effect of the coronavirus pandemic is clearly visible in the UK Composite PMI output index data released by the IHS markit company for the month of March. The press release by the company has stated that the rate of decline recorded this month is...
Has the coronavirus outbreak given an opportunity for investors to generate wealth?
April 07, 2020 11:04 AM BST| By Hina ChowdharyThe Coronavirus Pandemic has taken the entire world in its grip. At the time of writing, more than 1.35 million people had been confirmed positive across the world, an increase of around 0.51 per cent as compared to a day ago on 6th April 2020. The U...
Coronavirus Latest: Health Secretary, Queen Elizabeth Encourage Britons To Stay at Home
April 07, 2020 01:16 AM BST| By Kunal SawhneyHealth Secretary Matt Hancock Confirms No Plan to Tighten Lockdown Rules On media reports coming in about the Britons stepping out of the home to enjoy the warm spring weather, the health official threatened to ban outdoor exercise in a bid to...
Quick Glance at Business Updates for Two FTSE Listed Stocks Amid Coronavirus Uncertainty: STOB & GVC
April 06, 2020 12:37 PM BST| By Team Kalkine MediaRising requirements for lockdown across the globe to curb the spread of Coronavirus, the businesses worldwide are getting impacted, while companies engaged in the travel and tourism, consumer discretionary, non-essential retail stores have got the wo...
Cruise operator Carnival seeks $6.25 billion to fight against the coronavirus shock wave
April 03, 2020 03:15 AM BST| By Team Kalkine MediaThe world’s largest leisure travel company, Carnival Corporation & PLC announced its capital raising program of worth $6.25 billion after facing heavy business loss due to the coronavirus outbreak within its cruise, which led to the death o...
A Comparative Performance Review of the FTSE 100 and S&P 500 Index since the Coronavirus Outbreak
April 02, 2020 03:29 AM BST| By Team Kalkine MediaThe last couple of months have been extremely tough for all the financial markets around the world, including the benchmark FTSE 100 Index of the London Stock Exchange. The markets have been going through bloodbath, and collectively the major markets...
Morrisons contribute £10m to food banks during coronavirus crisis
April 01, 2020 09:16 PM BST| By Kunal SawhneySupermarket chain Morrisons is to contribute £10 million worth of goods to the food banks of United Kingdom as the outbreak of novel coronavirus has disrupted their supply. The retailer will reportedly produce additional food items at its...
Coronavirus Latest: Signs of Spread Ebbing, Antibody Test to Be Ready Soon
March 31, 2020 10:45 PM BST| By Hina ChowdharyThe epidemic Covid-19 seems to slack off its speed in the United Kingdom. The coronavirus spread has shown the signs of slowing as a result of country lockdown announced a week ago, Neil Ferguson, a professor of mathematical biology at Imperial Colle...
A glance at the global retail industry amidst the coronavirus pandemic
March 31, 2020 03:45 PM BST| By Team Kalkine MediaWhen all other industries are facing tough trading conditions across the globe, the retail industry is one that is finding itself in the thick of activities. There was a time when the success of a retail company was gauged by the extent of footfalls...
A Glance At Two Positive Earnings Amid Coronavirus Chaos: Applegreen Plc And CVS Group Plc
March 28, 2020 02:40 PM GMT| By Team Kalkine MediaThe UK markets, which showed some sign of recovery in the last couple of days, were back into sombreness after news broke out that the British Prime Minister has tested positive for Novel Coronavirus after developing mild symptoms. This news came jus...
What’s the Latest Going on in The Cryptocurrency Market amid the Coronavirus crisis?
March 27, 2020 02:52 PM GMT| By Hina ChowdharyCryptocurrencies continue to be a mystery and their establishment as a formal asset class is still in doubt as many of the governments of the world including that of developing countries like India and China have refused to support such currencies. E...