Image source: Getty Images Despite all the concerns about an AI bubble, Nvidia stock has still managed to more than double the S&P 500‘s return over the past year. Looking ahead to the next 12 months, however, analysts see more price appreciation potential in Beeks Financial Cloud (LSE:BKS). This UK small-cap stock has dropped 30% since February. Now at 223p, it sits nearly 50% below an average share price target of 335p set by two City analysts. Here, I’ll explain why I recently started a small position in the stock, and why I reckon it’s worth a look. Under the radar…
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RIYADH: Saudi Arabia’s consumer prices dipped 0.1 percent in September from the previous month, signaling continued economic stability as the Kingdom maintains moderate inflationary pressure. According to the General Authority for Statistics, the monthly decline was mainly driven by lower transport costs, along with decreases in restaurant and accommodation services, furnishings, and communication prices. This helped Saudi Arabia’s annual inflation rate stand at 2.2 percent in September, driven primarily by rising housing and water costs. This is in line with the International Monetary Fund’s latest World Economic Outlook report, which projects that the Kingdom will maintain an annual…
Image source: Getty Images By mid-morning today (15 October), Burberry Group (LSE:BRBY) was the best performer on the FTSE 100 index. Its share price was up 7% after LVMH, owner of many luxury brands including Louis Vuitton and Dior, released its third-quarter (Q3) results. The Paris-based group beat analysts’ expectations with a 1% increase in sales and its shares soared 14%. Investors on both sides of the English Channel clearly feel this could be the start of a recovery for the troubled sector. The jump in Burberry’s share price also comes after a broker upgrade on 9 October. Deutsche Bank…
CORSIA, established by the International Civil Aviation Organization (ICAO), is a global initiative aimed at limiting carbon emissions from international flights. In its initial phase, airlines from participating countries must offset a portion of their emissions between 2024 and 2026. The scheme will become mandatory for most ICAO member states beginning in 2027. Source link
CORSIA, established by the International Civil Aviation Organisation (ICAO), is a global initiative aimed at limiting carbon emissions from international flights. In its initial phase, airlines from participating countries must offset a portion of their emissions between 2024 and 2026. The scheme will become mandatory for most ICAO member states beginning in 2027. Source link
Image source: Getty Images I’m looking to generate the maximum possible second income in retirement, through a combination of my SIPP and Stocks and Shares ISA. I’m investing in a spread of mostly FTSE 100 shares, focusing on those paying above-average dividends. Lloyds Banking Group, fund manager M&G and housebuilder Taylor Wimpey feature heavily. Lloyds has a modest trailing dividend yield of 3.8%. It was closer to 5% when I bought it. The shares are up 40% in the last year and 195% over five, which partly explains while the yield has fallen. M&G offers a more generous trailing yield of 7.7%,…
Union environment minister Bhupender Yadav said COP30 at Belém in Brazil should be the COP of adaptation, HT and several other outlets reported. Yadav was speaking at the Pre-COP30 meeting in Brasilia. He said COP30 must send a political message that multilateralism remains the cornerstone of global climate action. “We should all agree on a minimum package of indicators from the UAE-Belem Work Programme, leaving some of the rest for further technical discussion as necessary”, he said. He said with the Paris Agreement mechanism fully operational, now is not the time to undermine its architecture by insisting on post-global stocktake processes…
Integrating HBI imports could reduce steel production costs by 12-15% by 2040 Source link
Image source: Getty Images A handful of FTSE 100 stocks offer dividend yields to die for. And you know what? They get me every time. I hold housebuilder Taylor Wimpey, which has a trailing yield of 9.1%. I also hold Phoenix Group Holdings (which yields 7.96%) and Legal & General Group (8.89%). But my favourite ultra-high-yielder is wealth manager M&G (LSE: MNG). It hasn’t just handed me bags of income since I bought it a couple of years ago, but capital growth too. M&G shares are up 30% in a year, and almost 60% over five. The share price is…
JAKARTA (Reuters) — Indonesian President Prabowo Subianto has issued a decree to restart international carbon emissions trading after a four-year hiatus, according to a copy of the decree seen by Reuters on Wednesday.The Southeast Asian country issued carbon market rules in 2021 that focused on compliance carbon markets rather than transactions in voluntary markets.The rule effectively ended all cross-border carbon emission credit trading, including those generated from big projects like the Katingan Mentaya conservation project.Indonesia said the moratorium allowed the country to prioritize meeting its own greenhouse gas reduction targets rather than sell the reductions overseas.The suspension also came amid…