(Bloomberg) — Delta Airlines Inc. has for the past few years been among the biggest corporate buyers of carbon offsets. That demand — from airlines, energy companies, automakers and logistics firms — drove forecasts of a market worth hundreds of billions of dollars in the coming years.But after strong pushback from experts, Delta is now among a growing list of major companies that have ended purchases of these cheap credits. Alphabet Inc.’s Google and EasyJet Plc have recently joined in the rejection of what had been an enormously popular approach to sustainability. Many of these companies are now focused on…
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These dividend stocks all pay yields of around 6% and higher. Recurring dividend income can help boost your savings, help pay bills, and/or potentially even allow you to retire early. There’s a significant incentive for building up a strong portfolio of high-yielding dividend stocks as the payoff could be huge in the long run. And while most dividend stocks only pay you every three months, you can create a stream of recurring monthly income by investing in at least three of them that pay at different times within the quarter. If you invest $20,000 into Verizon Communications (VZ 3.28%), Organon…
BRUSSELS (Reuters) – The EU Court of Justice, Europe’s top court, ruled on Thursday in favour of Intel, ending a nearly two-decade-long fight between the U.S. chipmaker and EU regulators who had said it had tried to thwart a rival. “The Court of Justice dismisses the Commission’s appeal, thereby upholding the judgment of the General Court,” the court said. The European Commission had fined Intel for giving rebates to computer makers Dell, Hewlett-Packard Co, NEC and Lenovo for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices. Regulators generally oppose rebates…
The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Koninklijke Philips N.V. (AMS:PHIA) share price is 76% higher than it was a year ago, much better than the market return of around 22% (not including dividends) in the same period. That’s a solid performance by our standards! On the other hand, longer term shareholders have had a tougher run, with the stock falling 21% in three years.So let’s investigate and see if the longer term performance of the company has…
The cannabis sector is slowly emerging from its long period of prohibition, and the investment opportunities are turning heads. Retail investors believe in the industry’s future and want to participate before regulations change. The institutions covering the sector are keeping a close eye on it even if most have yet to dip their toes in. The cannabis industry constitutes a new frontier in investing and is ripe with growth opportunities. The hype and speculative froth of 2018 and early 2021 has burned off, and the market is right sizing: Valuations are more reflective of actual profitability, as cannabis companies suffer…
Renewable solutions, Innovation · 10/24/2024Neste Corporation, Press Release, 24 October 2024 at 9:15 a.m. (EET)Neste has decided to withdraw from investing into a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase, which commenced in May 2023. The reasons behind the withdrawal are the company’s challenging market conditions and financial performance, requiring critical assessment of any new investments. Evaluation of this project has been impacted by the tight limitations on the use of renewable hydrogen in the refinery’s processes in fulfilling the Finnish national distribution obligation.…
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace of interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency. The dollar index, which measures the currency against six rivals including the euro and yen, stood at 104.30 as of 0437 GMT, not far from the overnight high of 104.57, a level last seen on July 30. A spate of robust macroeconomic indicators and some hawkish comments from Fed officials have tempered bets for monetary easing…
LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023.Revenue for the period came in at £6.5 billion, slightly ahead of a forecast of £6.39 billion.Barclays shares opened 2% higher in London.The lender’s return on tangible equity rose to 12.3% from 9.9% in the second quarter, as its CET1 ratio — a measure of solvency — rose to 13.8% from 13.6%.Earlier this year, Barclays announced…
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Hap Seng Plantations Holdings Berhad (KLSE:HSPLANT) shareholders have enjoyed a 25% share price rise over the last half decade, well in excess of the market return of around 8.6% (not including dividends). However, more recent returns haven’t been as impressive as that, with the stock returning just 1.4% in the last year, including dividends.Now it’s…
Gemini – (21st May to 20th June)Daily Horoscope Prediction says, discover New Opportunities and Strengthen ConnectionsToday brings new opportunities for growth and connection, as long as you remain open-minded and adaptable. Strengthen relationships through clear communication. Gemini Daily Horoscope Today, October 23, 2024: Today is a day to embrace new opportunities, both personally and professionally. Gemini, today is a day to embrace new opportunities, both personally and professionally. Your natural adaptability will serve you well as you navigate through various situations. Pay attention to communication with those around you, as clarity can lead to deeper connections. Stay flexible and be…