Credit: CC0 Public Domain With world leaders set to gather in Brazil for COP30 in November, new analysis from an international team of climate policy experts warns that carbon offsets are creating a critical barrier to achieving the Paris Agreement’s temperature targets. The authors of the Nature article, including Professors Andrew Macintosh and Don Butler from The Australian National University (ANU), argue policy makers need to act on the evidence and phase out offsets from government-run carbon pricing schemes. “Achieving the Paris Agreement’s temperature targets requires rapid, deep cuts in greenhouse gas emissions. Carbon offsets—tradable credits from projects claiming to…
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Image source: Getty Images The Lloyds Banking Group (LSE: LLOY) share price barely moved after the bank said it’s setting aside a further £800m to cover costs for the car loan mis-selling case — even thought it now takes the total provision to £1.95bn. And rather than lowering their price targets, analysts are looking as bullish as ever. And this after Lloyds shares have already stormed ahead 50% in 2025. Ambitious price targets The redress from the Supreme Court case is less onerous than I’d expected. The potential number of claims might have risen. But the per-case payout looks like…
The Department of Energy (DOE) has released the Philippines’ first regulatory framework for carbon credits in the energy sector to accelerate clean energy investments and reduce greenhouse gas emissions. Source link
Phone A Fangirl Sets the K-Pop World on Fire with Over 100k Plays in 24hrs, Marks First Podcast in Strategic Development Pipeline Orchestrated by PodcastOneUpcoming Guests Include TOMORROW X TOGETHER, ZEROBASEONE, KAI and Mingyu x S.Coups of SEVENTEEN, Social Following for All Guests Tops 120 Million LOS ANGELES, Oct. 17, 2025 (GLOBE NEWSWIRE) — PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, today announced a partnership with digital media powerhouse BuzzFeed to launch a brand-new original podcast series, Phone A Fangirl. Known for its high engagement and viral content especially with millennial and Gen Z audiences, BuzzFeed and top…
Image source: Getty Images The Whitbread (LSE:WTB) share price fell 10.3% yesterday (16 October) after the Premier Inn owner released its results for the 26 weeks ended 28 August. Investors didn’t seem to like the reported 2% fall in revenue compared to the same period a year ago. Adjusted earnings per share also dropped by the same percentage. Net debt was also £192m higher. Since releasing its FY25 results, the group’s slightly downgraded the full-year profit expected from its business in Germany. To counter this, it reckons it’s going to achieve more cost savings. Such a large share price drop…
The metals sector in Q2 FY26 is experiencing divergent trends. Steel companies face profitability pressures due to declining prices, extended monsoon, and reduced construction activity, with most anticipating EBITDA declines. Tata Steel may outperform due to strong Indian volumes and improved European operations. Non-ferrous metals show promise with LME price increases for aluminium and zinc (both up 6%), supported by rupee depreciation. Vedanta and Hindustan Zinc are well-positioned, while Hindalco expects mixed results across its operations. Source link
Image source: Getty Images The Warren Buffett indicator is doing the rounds again. The metric is one way to measure how overvalued stocks are. It’s at record levels, suggesting a stock market crash is heading our way. In simple terms, the Warren Buffett indicator is the market cap of all stocks in a country (usually the US) divided by the size of the economy. The higher the indicator is, as a percentage, the more overvalued stocks are compared to the underlying economy. In the 1970s, it stood at 40% or so. In the 1980s, it stood at 50%-60%. Just before…
This article first appeared on GuruFocus. Meta Platforms (META, Financials) has finalized a roughly $30 billion private financing agreement with Blue Owl Capital to fund its Hyperion artificial intelligence data center in Richland Parish, Louisiana, according to reports. The transaction marks the largest private capital deal on record. Under the deal, Meta will retain 20% ownership of the 4 millionsquarefoot site, while Blue Owl will hold the majority stake. Hyperion is the largest of Meta’s 29 data centers globally and is expected to serve as the core of the company’s expanding AI infrastructure network. Morgan Stanley set up a special…
Image source: Getty Images I was thinking about the Aston Martin (LSE:AML) share price the other day while I was watching Quantum of Solace. The film starts with a high-speed chase around Lake Garda, Italy, with James Bond in an Aston Martin DBS V12, being pursued by Alfa Romeos full of gunmen. At the end of the sequence, Bond’s DBS is a wreck – riddled with bullet holes, doors torn off, windscreen shattered, and so on. This reminded me of the bombed-out Aston Martin share price, which has crashed 40% in 12 months and around 98% since IPO in 2018.…
The U.S. has succeeded in blocking a global fee on shipping emissions as an international maritime meeting adjourned Friday without adopting regulations. The world’s largest maritime nations had been deliberating on adopting regulations to move the shipping industry away from fossil fuels to slash emissions. But U.S. President Donald Trump, Saudi Arabia and other countries vowed to fight any global tax on shipping emissions. The U.S. had threatened to retaliate if nations support it. Trump urged countries to vote “No” at the International Maritime Organization headquarters in London, posting on his social media platform Truth Social on Thursday that “the…