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Covid 19
Coronavirus: UK Banks Braced for Loan Losses; Some Small Businesses Denied Support
July 28, 2020 07:31 AM AEST| By Kunal SawhneySummary UK lenders believe that it would be harder for borrowers to repay their debts amid the economic downturn caused by the coronavirus pandemic Around £38 billion was disbursed as loans under the government backed schemes to help more.....
Impact of Coronavirus: Travel and Tourism Industry on A Slow Path to Recovery
July 28, 2020 03:45 AM AEST| By Team Kalkine MediaSummary Travel and Tourism have been one of the first to be hit hard by the global pandemic, there have been mounting revenue losses and job cuts across the sector Spike in infections and inadequate testing facilities create fears among the tra.....
Supermarkets Opposing the New Face Mask Rule In England
July 25, 2020 11:47 PM AEST| By Kunal SawhneySummary A new rule has been enforced by the British Government making it compulsory for the citizens to wear a face cover from 24 July 2020 Sainsbury’s and Asda have joined different shops including Costa Coffee saying they are not obliga.....
Covid-19 Impact: Higher Than Usual Instances Of Pay Freeze
July 23, 2020 11:00 PM AEST| By Hina ChowdharySummary Employers in the UK trying to save on costs, in view of an uncertain business environment – XpertHR Survey The slow economic activity is one of the key reasons why employers are reluctant to give a pay raise, as demand levels acr.....
Covid-19 Updates On The UK Housing Market
July 23, 2020 08:45 AM AEST| By Team Kalkine MediaSummary The asking price of housing in July 2020 was 2.4 per cent higher than its early March levels: Rightmove’s House Price Index Government should convert town centres into houses: Social Market Foundation A surge in divorce enquiries.....
Covid 19 Update: New findings reveal that T-cells are vital to fight Coronavirus
July 21, 2020 07:18 AM AEST| By Kunal SawhneySummary T-cells influence how long a corona patient can remain resistant to a re-infection: University College London They offer prominent protection against fighting with coronavirus: Oxford University The scientists who are developing Covid-.....
Get ready for a rise in the UK coronavirus-related infections: Study
July 15, 2020 07:53 AM AEST| By Kunal SawhneySummary UK health research body projects a rise in corona related infections & deaths between September ‘20 and June ‘21 Coming winters will be especially deadly; and with the colder season being conducive for many other ailment.....
Healthcare Sector Defying the Norms: COVID-19 Vaccines Under Development and Related Stocks
June 23, 2020 08:15 PM AEST| By Team Kalkine MediaCOVID-19 threat still looms with countries struggling to eliminate the novel coronavirus, SARS-CoV-2. While most geographies are grappling with the first wave of virus, the ones who did become COVID-19-free are now facing the second wave. Globally,.....
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The Government Provides Full Assurance to Banks On “Bounce Back Loan Scheme”
May 02, 2020 09:10 AM AEST| By Team Kalkine MediaThe British government has assured the banks in the country that “Bounce Back” crisis loan scheme announced by the government will have full government backing and that banks will be covered against any fraud or bad loans. Since the annou...
UK Government to Borrow £225 Billion To Stimulate Public Spending
April 25, 2020 10:00 AM AEST| 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 25, 2020 07:09 AM AEST| 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 01:00 PM AEST| 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...
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Do We Need to Be Cautious of These FTSE Stocks Amid the Pandemic?
April 22, 2020 10:14 AM AEST| 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 21, 2020 06:07 AM AEST| 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...
What should be your investment approach to benefit from COVID-19 pandemic?
April 18, 2020 09:34 AM AEST| 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,...
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Britain Extends Stimulus Fund Support to Larger Enterprises
April 17, 2020 02:20 PM AEST| 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...
Lockdown Impact-Amazon to Hire Another 75,000 in the US Amid the Covid-19 Crisis
April 16, 2020 05:11 AM AEST| 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 15, 2020 07:43 AM AEST| 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 15, 2020 04:28 AM AEST| 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 10:40 PM AEST| 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...
AI on the Rise: A Look at Top AI Companies and Their Stocks