[ad_1] Image source: Getty Images The S&P 500 recently hit a technical correction, meaning it fell by 10%, and the US index is down 4.5% year to date. In contrast, the FTSE 100 has held up and has risen 6.3% at the time of writing (19 March). The following chart shows how the indexes compare. The Vanguard S&P 500 UCITS ETF tracks the S&P 500, while the iShares Core FTSE 100 UCITS ETF (LSE: ISF) follows the FTSE 100. It seems the S&P 500 clearly had further to fall. Bigger, biggest The US index does include Apple, Microsoft, and Nvidia,…
Author: user
[ad_1] Image source: Getty Images Berkshire Hathaway (NYSE:BRK.B) shares have been a beacon of stability in an otherwise turbulent market. While the S&P 500 has slumped 10% from its all-time high, Berkshire’s stock has surged, hitting record highs. This performance is no accident. It’s the result of a combination of strategic foresight, robust earnings, and a disciplined investment approach. So, here’s why Berkshire Hathaway shares are continuing to attract investors despite trading at all-time highs. Record cash and strategic positioning One of the most striking aspects of Berkshire’s recent performance is its record cash reserves. These now stand at an…
[ad_1] Thyssenkrupp marine systems CEO Oliver Burkhard (4th R), German Defence Minister Boris Pistorius (6th R) and Mecklenburg-Western Pomerania’s State Premier Manuela Schwesig (8th R) during their visit of a shipyard of Thyssenkrupp Marine Systems that will build military submarines on Jan. 17, 2025 in Wismar, Germany.Morris Macmatzen | Getty Images News | Getty ImagesGerman naval systems maker ThyssenKrupp Marine Systems expects its market size to triple by the end of the decade, according to CEO Oliver Burkhard.”This attainable market in electronics, drones, surface vessels and submarines, we expect that it’s doubling or even tripling by the end of this…
[ad_1] SEOUL, March 20 (Yonhap) — The industry ministry on Thursday launched a rare metals industry development council to better respond to the intensification of protectionism and discuss the supply chain strategies of the domestic industry, according to officials. During its inaugural meeting held in Osong, 107 kilometers southeast of Seoul, members agreed to conduct a comprehensive review of the supply chain and technological landscape for 15 critical rare metals, including rare earth elements, lithium and tungsten, which are essential for advanced industries. Given the diverse applications of rare metals across industries, the council comprises experts from industry, academia and…
[ad_1] First Nordic Metals ( (TSE:FNM) ) has issued an announcement. First Nordic Metals Corp. has announced the approval for the listing of its Swedish depository receipts on Nasdaq First North Growth Market in Sweden, with trading set to begin on March 21, 2025. This secondary listing aligns with the company’s strategic focus on expanding its presence in Sweden, allowing Swedish investors to engage more directly with FNM’s growth and increasing the company’s visibility among analysts and institutional investors in the region. More about First Nordic Metals First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating…
[ad_1] (Bloomberg) — Australian employment surprisingly dropped in February, sending the currency and government bond yields lower as traders boosted bets on further interest-rate cuts this year. Most Read from Bloomberg Employment declined by 52,800 — led by full-time roles — compared with a forecast 30,000 increase, government data showed on Thursday. The jobless rate held at 4.1%, reflecting a fall in participation. The currency slipped while the yield on policy-sensitive three-year bonds extended an earlier decline as traders increased wagers on a near-term rate cut and for the easing cycle to extend into 2026. “The Aussie is losing a…
[ad_1] As an umbrella measure, steel and aluminum might soon be classified based on where they were originally “melted and poured,” not in which country they got altered after that. This would allow the EU to tackle circumvention of existing duties on imports. “Is it enough? History will tell,” a Commission official said, after being granted anonymity to discuss the plan candidly. “But if we would have promised this a few years ago, no one would have believed it,” they said, referring to the Commission considering restrictions on scrap metal exports, tracking where steel is originally melted and poured, and…
[ad_1] The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty ImagesSoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.The Japanese giant expects the deal to close in the second half of 2025, according to a statement.Carlyle Group and Oracle both have committed to selling their respective stakes in Ampere, which will operate as an independent subsidiary and will keep its headquarters in Santa Clara, California, according to SoftBank.”Ampere’s expertise in semiconductors and high-performance…
[ad_1] Manifesting was such a phenomenon last year that it was Cambridge Dictionary’s word of the year. The idea has gripped social media, with proponents suggesting that if you really believe that something’s going to happen, the power of your thoughts can make it come true. This kind of magical thinking is nothing new, but its rapid spread through social media has made it much more mainstream. It’s hardly surprising that people are looking for easy solutions when some of the things that previous generations took for granted – like robust pensions and home ownership – can seem so far…
[ad_1] Organisations in Africa developing carbon projects – which are designed to remove carbon from the atmosphere or avoid emissions in the first place – are used to navigating stormy conditions. The latest challenge for global carbon markets is the return of Donald Trump, a notorious climate change sceptic, as US presidentThe Trump effect is not necessarily obvious at first. As a voluntary market, the sale and purchase of carbon credits is not directly dependent on the United States or any other government.The United States has, however, played an important though relatively low-profile role in kickstarting carbon projects in Africa – a role it looks certain to abandon under Trump. Washington’s hostile stance towards…