Oil prices jumped Monday after President Trump shortened a timeline on Russia to end the war with Ukraine, and a US-EU trade deal spurred optimism over demand. West Texas Intermediate (CL=F) climbed 1.9% to trade above $66 per barrel, and Brent (BZ=F) crude, the international benchmark price, rose to nearly $69 per barrel. The trade accord between the European Union and the US, announced on Sunday, includes $750 billion in EU purchases of American oil and natural gas. Liquified natural gas producers like Cheniere Energy (LNG), NextDecade (NEXT), and Venture Global (VG) all jumped. The 15% tariff deal on US…
Author: user
Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago Source link
TIPS — short for Treasury Inflation-Protected Securities — are a kind of U.S. government bond that can help safeguard your wealth from inflation. TIPS are indexed to inflation, so as prices rise, your investment principal increases, protecting any investment you’ve made in the bonds. With inflation still well above the Federal Reserve’s long-term target of 2 percent, TIPS can help you maintain your purchasing power. Here’s what you need to know about TIPS and how they work to protect your money. Compare advisors: Bankrate’s list of the best financial advisors TIPS are a government bond backed by the “full faith…
raw material and mineral rare earth news Source link
Key financial changes in August 2025: Several personal finance and money-related changes are taking effect in August, including the new UPI rules and revised trading hours for market repo and Tri-Party Repo (TREP) operations. Every month comes with its financial updates, affecting different aspects of an individual’s life. These financial updates are crucial for investors, as well as other Indian citizens, as they can impact their budgets and financial planning. Let’s take a look at some changes that will come into effect in August 2025. Changes in UPI transactions The National Payments Corporation of India (NPCI) has introduced several API-level limits…
NAI500China Hits US Where It Hurts: Rare Earth Export Controls Target Critical Defense Supply ChainChina announced export controls on seven critical rare earth elements — samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium..Apr 7, 2025 Source link
Image source: Getty Images The FTSE 100 has been in fine double-digit form this year. According to my data provider, 71 stocks are up, and that figure would be slightly more if we included dividend payments. However, there are a pair of FTSE 100 shares that are rooted to the bottom of the performance table. Here, I’ll look at both to see if there looks to be big turnaround potential in either of them. WPP Let’s start with the blue chip index’s worst-performer: WPP (LSE:WPP). Shares of the struggling ad group are down 47.8% year to date, and at their…
After growing strongly over five years from 2016, the voluntary carbon market shrank for the third consecutive year last year, weighed down by continuing concerns around quality and reputational risk, despite progress to improve integrity standards. Source link
Residents can now access free EV chargers and participate in carbon credit generation through a subscription program Ontario-based electric vehicle charger manufacturer United Chargers Inc. has launched Grizzl-E Club, a new charger-as-a-service subscription. This program offers Canadian EV drivers a free home charger, lifetime warranty, and cash-back rewards for charging. The program aims to make EV ownership more accessible and rewarding, eliminating the upfront cost of purchasing a Level 2 home charger. It also helps encourage EV adoption by offering an ongoing incentive of $0.03 in cash back for every kilowatt-hour of electricity used. “With the cost of living going up…
Image source: Getty Images Compound returns from FTSE 100 stocks have proved to be a powerful way to build up passive income. And using a Stocks and Shares ISA means there’s no tax to pay on the gains when you finally take it out. In the past decade, Stocks and Shares ISAs have produced an average annual 9.6%. It’s been a relatively good spell, with FTSE 100 returns averaging 6.9% over the past 20 years. Those are the kind of returns that could build up to a very decent retirement sum. Please note that tax treatment depends on the individual…