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[ad_1] Australian Prime Minister Anthony Albanese said on Monday he was committed to working with China to address global excess steel capacity during a meeting of business leaders from the two countries in Shanghai. [ad_2] Source link

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[ad_1] The FTSE 100 has been on relative fire in recent weeks, making April’s sell-off feel like a distant memory. Yesterday, it passed the 9,000 boundary for the first time, leaving the index up 9% year-to-date and outpacing the S&P 500. It has dipped back just under 9,000 since though. We can speculate on the reasons for this great performance but the desire of some investors to diversify away from the US on fears surrounding the health of its economy is likely high up the list. However, this fine run of form belies the fact that some Footsie members are…

[ad_1] NIO, a top Chinese electric vehicle (EV) maker, keeps pushing boundaries with its advanced battery swap technology and bold plans for global expansion. The EV maker recently launched its first battery swap station in France, a move that marks a key milestone in its European expansion strategy. The facility sits in Chalon-sur-Saône between Paris and Lyon. This offers a new option for EV charging. It also reflects NIO’s commitment to offering a more convenient and sustainable charging solution for drivers. NIO’s Power Swap Stations let drivers exchange a dead battery for a fully charged one. This swap takes less…

[ad_1] Image source: Getty Images The FTSE 100 index of leading British shares has hit a record high this week. Since the start of the year, the index has moved up by 9%. That may sound modest, but it is slightly better than the 7% recorded so far this year in the US by the S&P 500. However, could the FTSE 100 be getting ahead of itself? If so, now might be a good time for me to allocate more of my portfolio to S&P 500 stocks instead of UK shares. The UK market could still be cheap Actually, I…

[ad_1] Traders work at the New York Stock Exchange on July 10, 2025.NYSEThe S&P 500 edged higher on Monday even after President Donald Trump threatened high tariffs on more countries over the weekend. Losses were kept in check as investors bet those duties will eventually be negotiated down and looked ahead to a busy week for second-quarter earnings season.The S&P 500 added 0.14% to close at 6,268.56, while the Nasdaq Composite rose 0.27% to settle at 20,640.33. The Dow Jones Industrial Average gained 88.14 points, or 0.20%, ending at 44,459.65.Investors continue to monitor ongoing updates on the tariff front, after…

[ad_1] Iron ore dropped after data showed China’s crude steel output has plummeted as the nation’s property sector struggles under a prolonged downturn. Futures of the steel-making ingredient fell as much as 1.6% after traders weighed a slew of key economic prints from the biggest metals-consuming nation on Tuesday. The data showed China’s growth exceeded expectations but other figures painted a picture of weak demand, while uncertainty lingers on whether the resilience of its export market can be maintained. China’s steel output had its biggest drop in 10 months in June, falling 9.2% from the year before to 83.2 million…

[ad_1] Image source: Getty Images A Stocks and Shares ISA can be a great platform to generate passive income streams. How well that works depends in part on the approach an investor takes. Here are three different strategies an investor could consider to try and generate £2,000 of passive income annually from a Stocks and Shares ISA. The high-yield approach An obvious sum here is that £2k is 10% of £20k. So, investing in a mixed bag of high-yield shares with an average of 10% could produce the desired results. On paper that adds up. But there are some key…

[ad_1] HOUSTON, July 16, 2025 (GLOBE NEWSWIRE) — 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, today announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide removal (CDR) credits over five years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies as a solution to address emissions. The CDR credits for Palo Alto Networks will be produced from STRATOS, 1PointFive’s first large-scale DAC facility in Texas that is coming online this year. The captured carbon dioxide (CO2) underlying the credits will be stored through saline sequestration. “We look forward…