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Tag: boom

Coronavirus creates boom in digital fitness

Coronavirus creates boom in digital fitness

Technology
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Midday fireball, boom thrill gazers from Ontario to Virginia

Technology
A noontime boom that was heard and felt from southern Ontario to Virginia was likely caused by a disintegrating meteorByThe Associated PressDecember 2, 2020, 10:10 PM• 2 min readSYRACUSE, N.Y. -- A noontime boom that was heard and felt from southern Ontario to Virginia was likely caused by a disintegrating meteor, according to an organization in western New York that keeps track of such phenomena.Witnesses across the area reported hearing the boom or seeing a fireball in the sky shortly after noon on Wednesday, said Robert Lunsford of the American Meteor Society in Geneseo. By 4 p.m., the organization had recorded 78 reports of the fireball seen in Maryland, Michigan, New York, Ontario, Pennsylvania and Virginia.Police agencies and fire departments around central New York received 911 call...
Mortgage boom helps Lloyds to third quarter profit

Mortgage boom helps Lloyds to third quarter profit

Business
Lloyds Banking Group has posted a better-than-expected third quarter profit as it reaps the benefits of a boom in demand for mortgages.The bank reported a pre-tax profit of just over £1bn for the period between July and September - almost twice what was expected by analysts. Britain's biggest domestic lender received its biggest quarterly increase in mortgage applications since 2008, arranging new lending of £3.5bn.The increase is mostly due to the busy housing market, as hundreds of thousands of people rush to take advantage of the stamp duty holiday on offer for some properties until the end of March.Housing website Zoopla said earlier this week that 418,000 sales across the UK - worth a total of £112bn - are in the pipeline but are yet to be completed. ...
Durex enjoys ‘double-digit growth’ in Reckitt Benckiser sales boom

Durex enjoys ‘double-digit growth’ in Reckitt Benckiser sales boom

Business
The maker of top cleaning brands including Dettol and Cillit Bang, Reckitt Benckiser (RB), has reported a recovery in condom sales thanks to relaxed coronavirus restrictions.The FTSE 100 company, which has been among the few winners in the COVID-19 crisis to date thanks to its household hygiene and healthcare products, reported a 9.5% lift in net revenue to £3.5bn during its third quarter. RB said that was mainly driven by continued strong demand for disinfectants - with sales of Dettol-branded sprays, wipes and liquid up more than 50% on the same July-September period last year. Image: The company has been ramping up production of disinfectants in light of the coronavirus crisis. Pic: RB Like-for-like sales were almost 20% higher in ...
£37bn house-buying boom sees busiest month of UK sales in a decade

£37bn house-buying boom sees busiest month of UK sales in a decade

Business
More than £37bn worth of property sales were agreed in July - the busiest month for home buying for 10 years, according to property website Rightmove.The spike follows a suspension of the housing market during the coronavirus lockdown, but also coincides with the UK plunging into a recession. The chancellor also cut stamp duty in July, in an effort to encourage more people to get on the housing ladder. ...