[ad_1] Image source: Getty Images While the FTSE 100 flirts with new highs, HSBC (LSE:HSBA) shares aren’t faring nearly as well on Thursday (9 October). At £10 per share, the index’s biggest bank has slumped 6% after planned M&A action in Hong Kong failed to inspire investors. The company will spend $13.6bn to take full control of Hang Seng Bank, it says. The move supports its strategy of expanding in Hong Kong, which it identifies as a key growth market. HSBC’s share price is still up an impressive 28% in the year to date. I’m wondering if today’s pullback represents…
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[ad_1] StockhouseDefense first, then sell – Now it is time to load up on critical raw materials! Globex Mining, Hensoldt and RENKHensoldt hits record orders with EUR 7B backlog, Globex secures rare earths in North America, and RENK faces valuation risks amid defense boom..3 days ago [ad_2] Source link
[ad_1] KUALA LUMPUR (Oct 9): Equity crowdfunding (ECF) investors who invested in Sagtec Group Sdn Bhd and CL Technologies (International) Sdn Bhd in 2020 have made a return of 10 to 15 times their initial investment amount, according to ECF platform operator Ata Plus. Based on its press release, Sagtec Group and CL Technologies are subsidiaries of Sagtec Global Ltd, which offered 1.75 million ordinary shares during its initial public offering (IPO) on the Nasdaq at US$4 per share, with a valuation of US$50 million (RM220 million). According to online information, information technology solution provider Sagtec Global listed its shares…
[ad_1] In 1980, Duke University scientist Dr. Curtis Richardson convened a first-of-its-kind conference on pocosin peatlands. In the decades that followed, Dr. Richardson’s research revealed that pocosin peatlands could actually store carbon if they were restored. Then, in 2023, nature-based solutions company Pantheon Regeneration partnered with Dr. Richardson to develop the first commercial peatland restoration project in the US. At the heart of its commercial ethos lies a familiar yet controversial instrument – carbon credits. In September this year AXA IM Alts – an alternative assets manager – announced a private equity investment into Pantheon. Backing not just Pantheon’s team,…
[ad_1] Auckland-based airline Air New Zealand has partnered with the My Native Forest platform, investing in carbon removal credits to be delivered through forest restoration projects. Under the partnership, Air New Zealand is buying 8000 tonnes of internationally verified carbon credits expected to be delivered by 2030. The purchase will roll out in three stages, with the first tranche entailing an investment in 500 tonnes in 2028, followed by another tranche for 2500 tonnes in 2029 and wrapping up with the final 5000 tonnes in 2030. To generate the carbon removal credits, this partnership will back large-scale native forest restoration projects across Aotearoa…
[ad_1] Anew Climate has entered into a four-year strategic partnership with InSoil, a European regenerative agriculture firm, to exclusively market more than 500,000 verified soil carbon removal credits generated in Lithuania, according to a joint statement on Wednesday.The credits, developed under Verra’s VCS VM0042 standard, originate from nearly 49,000 acres (20,000 hectares) of farmland participating in InSoil’s Carbon Farming Program.Farmers in the program apply regenerative practices such as cover cropping, crop rotation diversification, conservation tillage, and residue management.These methods have helped sequester an average of 2.27 metric tons of carbon dioxide equivalent (CO2e) per hectare annually, according to independent verification…
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[ad_1] Image source: Getty Images Shares in JD Wetherspoon (LSE:JDW) fell after the company’s full-year results last week. But the FTSE 250 firm’s still showing why it’s the gold standard in the hospitality industry. It’s easy to see why the latest update was disappointing, but I think there’s a lot to like about the business from a long-term perspective. So I see the falling share price as my chance to buy. Sales growth In the nine weeks leading up to 27 July, JD Wetherspoon’s sales grew 5.1% on a like-for-like basis. That’s in line with the rest of the year,…
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[ad_1] Retirement planning often leans heavily on pensions, but many a Briton also eyes a Stocks and Shares ISA as a powerful tool. It lets investors benefit from tax-free dividends and capital gains and, unlike many pensions, withdrawals are typically free of tax. Over time, that tax shelter can help a portfolio grow more efficiently, making it an appealing way to build passive income for later life. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It…