[ad_1] New assessment enables market to quantify carbon emissions further up the steelmaking value chain in line with evolving reporting and regulatory requirements SINGAPORE and NEW YORK and LONDON, Sept. 25, 2024 /PRNewswire/ — Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the metals, commodities, energy and energy transition markets, today announces the upcoming launch of the world’s first daily carbon-accounted iron ore price assessments and related carbon intensity estimates to bring greater transparency to the industry’s decarbonization efforts. The new carbon intensity series features a daily carbon-accounted iron…
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[ad_1] (Bloomberg) — Oil fell for a second day as Saudi Arabia was reported to be weighing increasing output, and factions in Libya reached a deal that opens the way to the return of some crude production.Most Read from BloombergBrent (BZ=F) dropped below $72 a barrel for a loss of almost 5% since Tuesday’s close, while West Texas Intermediate (CL=F) was near $68. Saudi Arabia is ready to abandon its unofficial oil price target of $100 a barrel in a bid to regain market share, the Financial Times reported, citing people familiar with the deliberations.Representatives from Libya’s rival eastern and…
[ad_1] Image source: Getty Images My approach is to invest in individual companies. But with the S&P 500 at record highs, I can certainly see the appeal of index funds. They’d eliminate the need for me to research and monitor specific stocks. Even Warren Buffett says passive investing is a solid strategy. Indeed, he said Jack Bogle, the father of index funds, had “probably done more for the American investor than any man in the country“. The S&P 500 measures the performance of the 500 largest American companies. Today, it’s dominated by tech titans like Microsoft, Apple, and Nvidia. Here,…
[ad_1] Image source: Getty Images The Vodafone (LSE: VOD) share price has been struggling of late. Shares in the telecommunications giant have fallen 5.6% to 75.5p over the last 12 months while the FTSE 100 has managed to gain 8.3% in the same period. Recently I’ve been scouring the UK large-cap index for a bargain buy. With signs of some green shoots and a share price under pressure, it got me wondering if the telco with a £19.8bn market cap was a bargain hiding in plain sight. Earnings and dividend Let’s start with revenue and earnings. Vodafone posted £36.7bn of…
[ad_1] Hundreds of organisations in the Global South have called on the Science Based Targets initiative (SBTi) to use “common sense” and widen the usage of corporate carbon credits in order to meet net-zero goals. [ad_2] Source link
[ad_1] CROSSJECTDijon, France Sept 26, 2024 — Crossject (ISIN: FR0011716265; Euronext: ALCJ), a specialty pharma company developing medicines for emergency situations harnessing its award-winning needle-free auto-injector ZENEO®, today confirms its eligibility for PEA-PME, a French government investment scheme which enables retail investors to acquire a portfolio of European securities whilst benefiting from preferential tax conditions.This framework aims to diversify funding resources available to small and medium sized enterprises (SMEs) and create a new financing tool, thus channeling some savings into the real economy. Tax advantages offered by PEA-PME (Plan d’Épargne en Actions – Petites et Moyennes Entreprises or Share Savings…
[ad_1] Abivax to Present Three Abstracts for Obefazimod in Ulcerative Colitis at the UEG Week 2024 Professor Bruce E. Sands, MD to present oral presentation of Phase 2b, open-label, maintenance efficacy and safety data at weeks 48 and 96 among week 8 induction non-responders in obefazimod-treated patients with moderately to severely active ulcerative colitis (UC)Two moderated poster presentations highlighting corticosteroid-free efficacy and safety data of obefazimod at weeks 48 and 96 of an open-label maintenance trial, as well as the impact of obefazimod induction therapy on combined histologic and endoscopic outcomes at week 8 in patients with UC PARIS, France,…
[ad_1] By Ankur Banerjee and Laura MatthewsSINGAPORE/NEW YORK (Reuters) – As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the $114 billion toolkit will provide the spark needed to turn around a beat-up stock market.Chinese equities have lagged major markets all year, despite a series of piecemeal measures authorities have rolled out to revive the anemic economy and lift stock prices.This week’s measures were sweeping. The package of rate cuts and, importantly for markets, an 800 billion yuan ($114 billion) facility to fund stock purchases showed Beijing’s new urgency to cure…
[ad_1] Investing.com — Analysts from UBS in a note dated Tuesday said that the global steel production landscape has faced a considerable setback in August 2023, with output declining by 7% year-over-year. This decline is particularly more in China, where production plummeted by 13% year-over-year. The drop in production reflects a broader trend of weakening demand across the sector, prompting steel producers to take more downtime than usual due to negative profit margins. While overall global output has decreased, steel production outside of China actually saw a slight rise of 2% year-over-year. In important markets like the European Union, the…
[ad_1] By Joyce Lee and Hyunjoo JinSEOUL (Reuters) – SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory (HBM) chips, pulling ahead in a race to meet demand from an artificial intelligence (AI) boom.Shares of the world’s second-largest memory chipmaker outperformed its bigger rival Samsung Electronics, whose shares rose 4%, also boosted by the bullish outlook for AI demand from Micron overnight.SK Hynix said in a statement it was the world’s first latest-generation HBM product, called HBM3E, with 12 layers and 50% bigger capacity than the…