[ad_1] HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ — Flex (NASDAQ:) LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the nine months ended September 30, 2024. Highlights: Vessel operating revenues of $90.5 million for the third quarter 2024, compared to $84.7 million for the second quarter 2024. Net income of $17.4 million and basic earnings per share of $0.32 for the third quarter 2024, compared to net income of $21.8 million and basic earnings per share of $0.41 for the second quarter 2024. Average Time Charter Equivalent (“TCE”) rate of $75,426 per day for the…
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[ad_1] By Kane Wu TOKYO (Reuters) – Carlyle, Warburg Pincus and a host of global investment firms plan to beef up headcount in Japan as deals here surge, but the country’s relatively low number of buyouts for much of the past two decades has made it tough to find people with expertise. Carlyle, which has been investing in Japan for more than two decades, raised $2.8 billion for its fifth and largest Japan buyout fund in May. It wants to add 10 more people to its local 25-strong investment team in the next two years, said Takaomi Tomioka, the firm’s…
[ad_1] A woman demonstrates a sign on veganism at the COP29 U.N. Climate Summit, Tuesday, Nov. 12, 2024, in Baku, Azerbaijan. | Photo Credit: AP In a landmark decision on the first day of the global climate talks here, COP29 has officially adopted the new operational standards for a mechanism of the Paris Agreement under Article 6, setting the stage for a global carbon market. Also Read: COP29 Summit LIVE Day 2This adoption of Article 6.4, achieved during the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA), sets the stage for operationalising…
[ad_1] The United States spot Ether exchange-traded funds (ETFs) recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory. The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing the previous record of $106.6 million on launch day. The Fidelity Ethereum Fund (FETH) led the pack with $115.5 million in inflows — a record for the fund — while the BlackRock-issued iShares Ethereum Trust ETF (ETHA) was second with $100.5 million, according to Farside Investors and preliminary data from crypto news aggregator Tree News.The Grayscale Ethereum Mini…
[ad_1] SHANGHAI, Nov. 12, 2024 /PRNewswire/ — The 2024 edition of Double 11 graced us earlier than anticipated. During this “Double 11,” Just So Soul Research Institute, a think tank dedicated to the youth, embarked on a “Double 11 consumption” survey via the social networking platform Soul App. The initiative garnered 3,014 responses, with the Gen Z demographic comprising over 70% of participants. As the epicenter of social networking for Chinese youth, Soul App has become a hub for the articulation and deliberation of consumer choices, brand inclinations, and a myriad of life perspectives. The report reveals a noteworthy trend…
[ad_1] Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024.Anna Moneymaker | Getty ImagesElon Musk’s relationship with Donald Trump has fueled expectations that he could soften the U.S. President-elect’s policy stance toward Beijing, but experts caution against putting too much stock into the Tesla CEO. The billionaire was one of Trump’s top campaign donors and could reportedly get a cabinet or advisory role at the White House. In the lead-up to the elections, their relationship had piqued Beijing’s interest due to Musk’s close ties to China, where his company, Tesla, runs a massive “gigafactory.””There has…
[ad_1] Image source: Getty Images These FTSE 250 shares look dirt cheap, on paper. Here’s why I think investors should give them serious consideration. Hochschild Mining Silver stocks across the globe have soared in value amid exploding demand for the precious metal. At 227p per share, Hochschild Mining (LSE:HOC) for instance is up 41% over the past six months. But rising metal demand’s only half the story. You see, silver’s up by a more modest 9% over the same period. Source: TradingView Hochschild’s outperformance reflects a steady string of impressive production updates this year. Its latest statement in October showed…
[ad_1] By Uditha Jayasinghe HAMBANTOTA, Sri Lanka (Reuters) – Sri Lanka votes to elect a new parliament this week in a snap general election called by its Marxist-leaning president who wants a fresh mandate in the legislature to drive economic reforms in the debt-ridden island nation. Anura Kumara Dissanayake was elected president of the South Asian country in September but his National People’s Power (NPP) coalition had just three of 225 seats in parliament, prompting him to dissolve the legislature and seek a fresh mandate there for his policies. Dissanayake, an outsider of the family parties that have dominated Sri…
[ad_1] Britain has a “huge opportunity” to get ahead of other countries in the race for green investment after the election of Donald Trump as US president, Keir Starmer has said, as he arrives in Azerbaijan for the Cop29 summit.Trump’s election victory last week has cast doubt on global efforts to tackle climate change, which the president-elect has called a “hoax”. But as the most senior world leader attending the summit in Baku, Starmer said the global political turmoil could benefit the UK economy.Asked about Trump’s position on the climate crisis, Starmer said: “The climate challenge is something that we…
[ad_1] BAKU, Azerbaijan Nov 12 – The COP29 climate summit opened in Baku, Azerbaijan, with an early breakthrough as nations reached a consensus on standards for carbon credits under Article 6.4 of the Paris Agreement. This agreement aims to create a robust international carbon market, ensuring the integrity of climate action and increasing demand for carbon credits, thereby facilitating more effective climate mitigation globally. COP29 President Mukhtar Babayev hailed the achievement, noting it as a “game-changing tool” for channelling resources to developing nations and advancing global climate goals. “Following years of stalemate, the breakthroughs in Baku have now begun,” he…