British fintech firm Wise posts 55% jump in profit on expanding market shareWise posted a 55% jump in profit in the first half of its 2025 fiscal year Wednesday, citing customer growth and expanding market share.The British digital payments firm said that its first-half profit totalled £217.3 million, up from £140.6 million in the same period a year ago.That came on the back of a 25% increase in active customers, with Wise reporting a total of 11.4 million consumer and business clients.Read the full story here.— Ryan BrowneNovo Nordisk quarterly profit meets expectationsBoxes of Wegovy made by Novo Nordisk are seen…
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Image source: Getty Images Last week’s UK Budget was a big one. Chancellor Rachel Reeves announced several reforms that could impact many FTSE 100 stocks. Tax changes and investment plans were front and centre. That got me thinking about potential Footsie winners and losers. One industry-leading name in particular stood out to me after watching Chancellor Reeves’ 30 October announcement. Housing reform Housing is high on the agenda. The government announced it will spend £5bn on housing investment in 2025 and 2026 to increase affordable housing. Plans to hire hundreds of new planning officers to accelerate activity also caught my…
Bitcoin’s price went above $75,000, breaking the record that the digital currency set in March. Source link
Gustavo Cardenas, Managing Director at Wafra, joined Giovanni Amodeo for an insightful fireside chat as part of the Ion Influencers series. The discussion delved into the evolving landscape of GP stakes investing, shedding light on Wafra’s strategic approach and the broader market trends. Key Topics Discussed: 1. Gustavo Cardenas’ Background and Role at Wafra: Gustavo shared his journey from Hamilton Lane to Wafra, highlighting his role in co-leading the strategic partnerships vertical, known as GP Stakes. 2. Overview of Wafra: Wafra, a New York-based asset management firm with $30 billion AUM, focuses on three verticals: partnerships, real estate, and real…
Trump Media & Technology Group stock (DJT) surged as much as 25% before paring gains in after-hours trading on Tuesday as investors brace for more wild swings with Donald Trump edging ahead of Kamala Harris in the latest election results. All states have now closed their respective polling stations. So far, Trump has secured 248 electoral college votes, while Harris has claimed 214, according to the Associated Press. The stock had a wild session during market hours on Tuesday as trading was halted several times due to volatility, with shares quickly erasing 15% gains and reversing Monday’s double-digit percentage rise…
The Oldsmobile 442, a legendary muscle car, emerged in the mid-1960s, riding the wave of high-performance enthusiasm ignited by the Pontiac GTO. Initially an option package for the Cutlass and F-85, the 442 quickly gained standalone status, offering potent engines and stylish aesthetics. Among the most coveted 442 variants is the W30, a rare and highly sought-after package introduced in 1966. With its distinctive air induction system, hotter camshaft, and trunk-mounted battery, the W30 delivered impressive performance, though its true power output might have exceeded the advertised 360 horsepower. Rare Muscle Car: 1970 Oldsmobile 442 W30 with a Powerful 455…
By Daniel Leussink TOKYO (Reuters) -Toyota Motor posted on Wednesday its first quarterly profit drop in two years, as slowing sales and production volume stalled the world’s top-selling automaker’s recent record run. The Japanese automaker had been on a record profit run until earlier this year, with its heavy focus on hybrid models helping it benefit from growing consumer interest in more affordable vehicles than the costlier battery-powered electric vehicles amid soaring inflation. But heavy competition from Chinese brands in the world’s biggest auto market, and a now-resolved production suspension of two models in the U.S. have started slowing its…
The 1967 Chevrolet Caprice, a classic American muscle car, is a testament to the automotive prowess of the 1960s. This particular Caprice, powered by a massive 427 cubic-inch V8 engine, has been sitting for years in a shed, waiting for its chance to shine once again. Despite its prolonged dormancy, the car’s body remains remarkably straight and rust-free, suggesting that it has been well preserved. The matching-numbers 427 V8 engine, paired with a four-speed manual transmission, still fires up and runs smoothly, a surprising feat considering its age and neglect. The brakes have been recently serviced, ensuring that this classic…
Cali (d.de and dpa) – The World Biodiversity Conference COP16 in Colombia ended without an agreement on further funding measures. German Federal Environment Minister Steffi Lemke nevertheless emphasised that progress had been made, in particular in terms of the closer involvement of indigenous communities and improved integration of climate and nature conservation. “The protection and sustainable use of biodiversity protects the climate, too – and vice versa. We need to do more to promote the reciprocal effects involved here,” she said in Cali. “The climate crisis and species extinction are closely linked – we can only tackle these two crises…
Representational image. Credit: Canva EKI Energy Services Ltd. (EKIESL), a global leader in carbon credit development and sustainability services, has announced a new strategic partnership with U.S.-based FBO Resource Group, Inc., also known as Aviation Resource Group International (ARGI). This agreement is set to bolster EKI’s presence across North America, primarily targeting the aviation sector. The partnership designates ARGI as an authorized representative for EKI in the U.S., enabling ARGI to facilitate transactions and promote EKI’s suite of sustainability services, including carbon credit trading, greenhouse gas (GHG) accounting, carbon offsetting, and environmental, social, and governance (ESG) reporting. With a strong…