Author: user

Amazon is making its boldest move yet into nuclear energy. The tech giant has teamed up with X-energy Reactor Company, Korea Hydro & Nuclear Power Corporation (KHNP), and Doosan Enerbility in a partnership aimed at deploying Xe-100 small modular reactors (SMRs) and TRISO-X fuel across the United States. The alliance comes at a pivotal moment. Data centers, driven by artificial intelligence (AI), cloud computing, and the digital economy, are pushing energy demand to record highs. Traditional renewables like wind and solar, while critical, can’t always meet the 24/7 power needs of hyperscale computing. Nuclear, with its steady carbon-free output, is…

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In a landmark decision that underscores the growing scrutiny over corporate environmental claims, a German court has ruled that Apple Inc. can no longer advertise its Apple Watch as “carbon neutral” in the country. The ruling, issued by a Frankfurt regional court, came in response to a complaint from the environmental group Deutsche Umwelthilfe (DUH), which argued that Apple’s assertions were misleading to consumers. According to details from the case, the court found insufficient evidence to support Apple’s use of carbon credits to offset emissions, effectively deeming the claim unsubstantiated under Germany’s competition laws. Apple had marketed certain models of…

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Image source: Getty Images Shares of International Consolidated Airlines Group (LSE:IAG), or IAG as it’s known, have really outperformed over the past couple of years. Of course, they were coming from a depressed position. Aviation stocks were naturally beaten down during the pandemic and then Russia’s invasion of Ukraine caused more pain — pushing up fuel prices and closing some of the world’s most useful airspace. But what about £10,000 invested a decade ago? Well, sadly the investment would be pretty flat. The stock is almost exactly the same price as it was 10 years ago. Lots of movement in…

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Image source: Getty Images I’ve built up a decent position in FTSE 100 dividend stock M&G (LSE: MNG) and done well out of it so far. The shares are up 20% in the last year, while the trailing dividend yield of 7.8% is lifting my total one-year return towards the 30% mark. The M&G share price has dipped today that doesn’t worry me. Shares go up and down all the time. In fact, it intrigues me, because I’m now tempted to top up my stake before the shares go ex-dividend on September 11, just over a week away. By doing that, I’ll…

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Image source: Getty Images It’s been a bumpy week for the FTSE 100, yet Rolls-Royce Holdings, Babcock International Group and BAE Systems (LSE: BA.) shares have muscled through it nicely. The blue-chip index fell around 1.5% last week after a strong run, but defence stocks didn’t notice. Over the last week, Babcock is up 3.7%, BAE System edged up 1.5% and Rolls-Royce climbed 5.5%. Over 12 months, those figures stand at a staggering 98%, 31% and 122%, respectively, as defence sales rise in response to Moscow’s actions. They got a lift yesterday (1 September) after news broke that Norway has agreed to buy at least five…

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Image source: Getty Images I bought Phoenix (LSE: PHNX) shares 18 months ago when the dividend yield was close to 10%. That was a remarkable level of income, and I’m glad I took the plunge. I’ve already received three bumper payouts, while the Phoenix share price has climbed 20% in the last year. It’s not climbing today (2 September), though. FTSE 100 income star Shares in Phoenix Group Holdings, to use its full name, are down 3.74% to 656p today, as concerns over rising UK bond yields rattle markets. Phoenix manages around £280bn of assets, so falling stock markets can reduce…

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RIP, carbon-neutral. Just a decade ago, the term was a byword for climate ambition. Its credibility has since been wrecked by court cases — including a defeat for Apple last week — and negative press coverage. Next year, new European Union regulations threaten to kill it off altogether. Retiring the language has opened the door for more rigorous approaches to capturing corporate action. But any assessment of the carbon-neutral movement needs to recognize that by ditching the term, companies have also lost a valuable method for communicating sustainability goals. The rise … The claim’s appeal lies partly with its simplicity:…

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Image source: Getty Images I always remember a friend telling me that the time to buy defensive stocks is when the market is doing really well. Even though this might seem the wrong way around, it’s better to buy these UK stocks before any potential correction, as that’s the time when everyone else will be rushing to buy them as well. Given the recent all-time highs on the UK stock market, here are two ideas I’m looking at. Staying plugged in First up is National Grid (LSE:NG). The stock is up 2% over the past year, with a dividend yield…

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Image source: Britvic (copyright Evan Doherty) If I didn’t know anything about JD Sports (LSE: JD) shares, I would have thought they’d enjoyed a blinding few years.  The athleisure trend seems to go from strength to strength. People these days wear trainers, leggings, football jerseys and all manner of sports-based clothing that JD is known for. This once-youth-only attire seems to have resulted in it becoming perfectly normal to wear jogging bottoms to the office and socialising. The £5bn sports goods seller must be reaping the rewards, mustn’t it? Well, I do know a couple of things about JD Shares…

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