The UK steel industry body has said it is “disappointing” that exports of the metal will be hit with 25% tariffs. UK Steel, however, did welcome the certainty and competitive nature of the agreed 25% tax on exports of steel entering the US. “It will be disappointing if we do not have the tariff-free quota level, but if the US was never offering that deal, then the final decision on 25% offers a degree of certainty and potentially a competitive advantage so long as other countries remain at 50%,” said the director general of UK Steel, Gareth Stace. Please use…
Author: user
Image source: Getty Images. There is no doubt that Palantir Technologies (NASDAQ: PLTR) has been a stunning stock market performer. Palantir stock has increased in value by 1,751% over the past five years. Wow! I have looked at Palantir a few times over the years and weighed up whether buy to the stock for my portfolio. But each time I have arrived at the same conclusion: no. Here are three reasons why I am not buying Palantir stock for my ISA at the moment. Palantir remains a black box for me Billionaire investor Warren Buffett examines loads of businesses but…
Nature’s Miracle Holding Inc., a publicly listed company (NASDAQ: NMHI) focused on agriculture technology and indoor farming, is making a bold entry into the carbon credit industry. The company plans to buy a $20 million carbon credit portfolio that will cut about one million metric tons of carbon dioxide. NMHI will also use blockchain technology to boost transparency and efficiency. This move shows that smaller companies are joining the growing carbon market. They use digital tools to improve trust and access. A $20M Leap into Carbon Credit Nature’s Miracle signed a Letter of Intent to buy $20 million in carbon…
Image source: Getty Images. Snowflake‘s (NYSE: SNOW) my favourite artificial intelligence (AI) growth stock right now. A data storage and analytics solutions provider, it’s seeing huge growth as firms move to adopt AI. Now, this stock’s expensive. Currently, it sports a forward-looking price-to-earnings (P/E) ratio of 181. I don’t see that high earnings multiple as a deal-breaker however. When the stock pulled back a little earlier this month, I bought more of it for my ISA. At the heart of the AI boom I expect Snowflake to be a major beneficiary of the AI boom, because it offers products that…
The European Investment Bank (EIB), supported by the European Commission, has started a €17.5 billion program for small and medium-sized enterprises (SMEs). This initiative aims to boost energy efficiency upgrades and decarbonization projects in the EU. The program will run for three years and aims to help over 350,000 businesses. The goals are to cut costs, reduce emissions, and boost competitiveness in a changing energy market. This financing is not only about helping SMEs modernize. It is also part of Europe’s broader plan to reach its climate goals under the European Green Deal. By supporting smaller firms, the EU hopes…
Image source: Getty Images One old, simple technique that many people use to build a second income does not involve doing any more work each week. Instead, it is putting money into shares they hope will pay them dividends. With a long-term mindset when it comes to income investing and £5k to spare, here is how someone could get going with that approach today. Uncomplicated and potentially lucrative Some shares pay dividends and some do not. It depends on whether the company has spare cash and a willingness to pay. This means that even a past or current payer can…
Image source: Getty Images Every investor has their own priorities when deciding which UK stocks to buy. Some look for rapid growth, some for high income. The latest ‘Dividend Dashboard’ from fund platform AJ Bell highlights something else to consider. It has high praise for companies with long records of increasing dividends every year, arguing this can help drive the share price higher over time. It counted 17 FTSE 100 members with an unbroken dividend streak lasting a decade or more. Happily, two of the best are on my watchlist. The first is London Stock Exchange Group (LSE: LSEG). Over the last decade…
The European Union will integrate India’s Carbon Credit Trading Scheme into its Carbon Border Adjustment Mechanism (CBAM), in a move that could ease compliance costs for Indian exporters of carbon-intensive goods such as steel, cement, fertilisers and aluminium.According to the new EU-India Strategic Agenda announced on Wednesday, the EU said any carbon price effectively paid in India under its domestic carbon market will be deducted from the financial adjustment charged under CBAM.This is expected to favour Indian exporters investing in decarbonisation, while also addressing long-standing concerns of double taxation. Brussels has also said CBAM procedures will be simplified to benefit…
Image source: Getty Images Despite clear evidence of a slowing US economy, the stock market there continues its relentless march higher. A few days ago the Dow Jones index surpassed 46,000 points for the first time and the Magnificent 7 total market cap surpassed $20trn. But with investors acting like drunken sailors are the cops ready to call time on this party? The catalyst? Later today (17 September) the Federal Reserve is expected to cut interest rates by 25 basis points. Investors are cheering, viewing the move as a tonic for the next leg up in the stock market. Certainly…
The restoration of Kwahu tropical forest landscape in Ghana is led by GenZero. (Photo: GenZero) Singapore announced on Sept. 16 that it will invest SGD 76.4 million (about USD 59.8 million) to procure its first batch of cross-border, nature-based carbon credits, enough to offset nearly 4% of the nation’s emissions. On the same day, Singapore also signed a carbon credit agreement with Vietnam, expanding its list of Article 6 trading partners under the Paris Agreement to nine countries.4 projects selected with focus on forest, earth The credits will come from four projects in Peru, Paraguay, and Ghana, covering two REDD+ initiatives, one grassland restoration,…