Image source: Getty Images The BT (LSE: BT.A) share price has been flying recently. It took the stock a few months to kick into life this year. But after rising sharply in May, it can’t seem to slow down. Back in May, the firm released its full-year results, which have quite clearly left investors excited. Since the announcement, its shares have shot up by nearly 15%. Year to date, the stock’s up 18.4%. In the last six months, it’s climbed a whopping 37.2%. The FTSE 100‘s up 4.3% during the same period. But while its rise in recent months has…
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Firefighter arson isn’t new, but it is a terrible look — especially when you mix in a previous criminal record. Source link
More large American firms are showing interest in investing in Türkiye as Turkish-U.S. relations gain momentum, Trade Minister Ömer Bolat told Anadolu Agency (AA) on the sidelines of meetings in New York. Bolat, who is attending the 79th session of the U.N. General Assembly alongside President Recep Tayyip Erdoğan, said a roundtable meeting with American and Turkish business representatives organized by the Türkiye-U.S. Business Council (TAIK) under the Foreign Economic Relations Board of Türkiye (DEIK) had more participants compared with previous sessions. Bolat said President Erdoğan invited businesspeople from the U.S. to invest in Türkiye directly and expressed his desire…
(Bloomberg) — Deep-pocketed Middle Eastern investors are deploying a record amount of capital in China just as other global firms retreat.Most Read from BloombergAbu Dhabi Investment Authority, known as ADIA, was among investors in Chinese appliance maker Midea Group Co.’s $4 billion listing in Hong Kong last week, according to people familiar with the matter, who asked not to be identified because the investment is private.ADIA has also been involved in an $8.3 billion deal for Dalian Wanda Group Co.’s shopping mall management unit, along with another Abu Dhabi fund, Mubadala Investment Co. Lenovo Group Ltd. in May announced a…
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By Joshua McElwee VATICAN CITY (Reuters) – Pope Francis held his weekly general audience in St. Peter’s Square on Wednesday, two days after cancelling meetings over what the Vatican described as a mild flu. The 87-year-old pontiff, who has suffered bouts of ill health in recent years, appeared in good form although he coughed lightly a few times while speaking. The Vatican has not provided details about the pope’s health since announcing on Monday he had cancelled his meetings for that day. It said at the time the pontiff had made the decision as a precautionary measure in view of…
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is one of Wall Street’s most-followed investors, and it has everything to do with his stunning outperformance of the benchmark S&P 500.Since becoming CEO nearly six decades ago, the Oracle of Omaha has overseen a cumulative gain of more than 5,500,000% in his company’s Class A shares (BRK.A). Comparatively, the S&P 500 has delivered a very respectable, but Buffett-trailing, total return, including dividends, of less than 38,000% over the same stretch.Even though Buffett is fallible — he took quite the bath on his company’s stake in legacy media stock Paramount Global –…
Image source: Getty Images Legal & General (LSE: LGEN) shares paid a total dividend last year of 20.34p. This gives a 9% yield on the current £2.26 share price. It is one of the highest in any major FTSE index. By comparison, the FTSE 100 presently pays an average of 3.6% a year and the FTSE 250 3.3%. The average amount of UK savings is currently around £11,000 and the average in a UK savings account is £17,000. Splitting the difference gives £14,000, which would buy 6,195 Legal & General shares right now. How much passive income could be made?…
By Uditha Jayasinghe and Sudipto Ganguly COLOMBO (Reuters) – Sri Lanka will hold a parliamentary election on Nov. 14, the government announced on Tuesday, less than two months after the Indian Ocean island nation elected Anura Kumara Dissanayake as its new president. Below are five key reasons why Dissanayake, who won the presidential poll at the weekend, called a snap general election: RIDE MOMENTUM Dissanayake polled 5.6 million votes, or 42.3%, in Saturday’s poll, a massive boost to the 3% he managed in the last presidential election in 2019. His nearest rival, opposition leader Sajith Premadasa, won 32.8%. The Marxist-leaning…
The pressure exerted by international regulations, notably in Europe with the CSRD (Corporate Sustainability Reporting Directive), remains one of the main drivers of decarbonization in the industrial sector.Despite this, investments in sustainable strategies are declining, reflecting the impact of geopolitical uncertainties.These regulations are forcing companies to take concrete steps to reduce their greenhouse gas emissions and rethink their value chain.However, it appears that many players are struggling to keep pace with these new obligations.Indeed, 64% of companies surveyed cited tensions between major powers, notably the USA and China, or conflicts in Ukraine and the Middle East, as reasons for cutting…
