[ad_1] (Bloomberg) — Stocks got hammered across the board as concerns about the impacts of a trade war on the global economy spurred a flight to short-term bonds, gold and haven currencies. Oil slumped. Most Read from Bloomberg From New York to London and Tokyo, equities fell — with the S&P 500 erasing its $3.4 trillion post-election rally. That was after the US imposed the largest set of new tariffs in nearly a century, slapping levies on a broad swath of goods from China, Canada and Mexico that spurred swift reprisals. The trade tension fueled worries about growth, with traders…
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[ad_1] Image source: Getty Images Passive income is all about bringing in a regular stream of cash that we don’t have to lift a finger for. It’s money that we can earn while we’re sleeping, or doing anything other than working for it. The only way for me is to go for a Stocks and Shares ISA. To aim for some fully passive income in the future, we do have to do a bit work work up front, including earning the money to put into the ISA in the first place. And we have to choose which shares to buy.…
[ad_1] Carbon removal marketplace Puro.earth announced the appointment of Jan-Willem Bode as its new President, in addition to announcing two other senior appointments. The changes are part of an effort to improve organizational structure and work towards the firm’s goal of accelerating carbon dioxide removal at scale. Bode has worked in the area of climate finance, corporate sustainability, project development and finance for more than 25 years. He co-authored the first versions of the Gold Standard carbon crediting program, used internationally for carbon credit transactions. Bode has served as CEO or Director at several companies, including Mongoose Energy, OneCarbon, and…
[ad_1] Image source: Getty Images When it comes to FTSE 100 dividend stocks, Barclays (LSE: BARC) is one I wanted to consider. I wanted to dive into this strong performing Footsie stock, with its strong track record in UK banking and a renewed focus on shareholder returns, as a potential option for income. Share price gains The company’s share price is up over 80% in the past year, climbing to 314.4p as I write on 3 March. This rally has been driven by solid earnings, significant cost-cutting efforts, and a focus on returning capital to shareholders. In its latest results,…
[ad_1] Lutnick says tariffs for now are targeted toward stopping drugs U.S. tariffs against Canada and Mexico taking effect Tuesday are not part of a trade war but rather an effort to stop the flow of fentanyl across the respective borders, Commerce Secretary Howard Lutnick said.”The current tariff policy is a drug related policy. There’s opioids pouring into this country. They’re killing about 75,000 autopsied Americans a year,” Lutnick said during an interview on CNBC’s “Squawk Box.” “China makes the opioid products, and then Mexico and Canada feed them into America, and that’s got to end. They’ve done a nice…
[ad_1] A number of major carmakers — including Toyota, Stellantis, Mazda, and Subaru — “pooled” their emissions with EV makers Polestar and Tesla earlier this year, in an effort to comply with tougher European Union carbon emissions rules.Put differently, the companies are hoping to meet yearly emissions targets by teaming up with EV companies, which have racked up an abundance of carbon credits — since their vehicles don’t produce any carbon emissions like gas guzzlers.It’s a clever accounting trick that allows makers of internal combustion vehicles to skirt around EU regulations and avoid hefty penalties.It’s also a mutually beneficial agreement,…
[ad_1] A new report from Octopus Investments has revealed that 76% of UK businesses surveyed prefer UK-based carbon credits to meet their net zero targets. The research, which surveyed 300 senior UK business leaders across various sectors, highlights the increasing role of carbon credits in corporate net-zero strategies. With 73% of firms planning to offset their hard-to-abate emissions using carbon credits, the demand for high-quality and verifiable carbon removal projects is at an all-time high, the researchers claim. The ability to visit and directly assess carbon offset projects within the UK also enhances confidence in their impact, the survey found. Supported…
[ad_1] Image source: Getty Images FTSE 100 defence giants BAE Systems and Rolls-Royce are rocketing right now, and so are their medium-sized FTSE 250 counterparts. Investors know why, unless they’ve been avoiding the news altogether. I wouldn’t blame them if they had. Geopolitics may be deteriorating but my portfolio’s thriving, with BAE and Rolls up over 30% in the last month. FTSE 250 defence tech firm Chemring Group (LSE: CHG) isn’t far behind. Its shares are up 25% over the month, including a 7.3% jump yesterday (3 March), as markets digested the tense exchange between President Trump and Ukrainian President…
[ad_1] As we celebrate International Women’s Day, it is essential to reflect on the strides made by women in various sectors, particularly in wealth management, a field that has historically been male-dominated. The narrative is changing, and there are countless opportunities for women to thrive and lead in this dynamic industry. This blog explores the current landscape, highlights the challenges, and underscores the immense potential for women to excel in wealth management. The financial services industry has seen a gradual but noticeable shift toward inclusivity. The statistic that women constitute approximately 20% of the global investment management workforce is often…
[ad_1] The pair has been on a steady decline since the start of the year, driven by two key factors. First, the Bank of Japan () raised its main interest rate by 25 basis points—the highest level since 2008. With still rising and forecasts pointing to sustained pressure, the BOJ is unlikely to stop here.Second, concerns over extreme US tariff policies under Donald Trump’s presidency have eased. Without aggressive trade restrictions, the has weakened, reducing pressure on the Federal Reserve to cut rates further. Meanwhile, the yen continues to push against strong support at 149 per dollar, keeping traders on…