Saudi Arabia’s Regional Voluntary Carbon Market Company (RVCMC) unveiled the first carbon credit trading platform at COP29, supported by a significant auction involving 22 companies and offering 2.5 million certified carbon credits. This initiative is part of Saudi Arabia’s Vision 2030 plan to diversify its economy and boost renewable energy investments, despite its ongoing reliance on oil revenues. The move aligns with a growing Middle Eastern push towards carbon market participation, with efforts to address market confidence issues amidst criticisms of voluntary carbon credit quality. Saudi Arabia, the world’s largest oil exporter, marked a significant milestone in its environmental strategy…
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Image source: Getty Images Over the past week, stock markets around the world have jumped as the spill over from the US election result is felt. The FTSE 250 index is up 8% so far this year, with some individual constituents up significantly more. Yet there’s one stock that I feel I’ve missed the boat on which I have on my watchlist if we get a significant correction. Incredible gains I’m referring to CMC Markets (LSE:CMCX). The financial trading and investing platform has risen by a whopping 232% over the past year. The growth has been at a frantic pace,…
FRANKFURT (Reuters) – Euro zone lenders may not have a full understanding of their exposure to the quickly growing private credit and equity markets, so bank supervisors plan to outline new risk management expectations, the European Central Bank said on Wednesday. Private credit funds have grown quickly in recent years, partly using bank finance, while private equity funds are taking on greater leverage, creating a more opaque environment in which banks may not fully understand their actual exposure, the ECB said after surveying lenders. “The failure to properly identify – on an aggregate level – exposures to companies that also…
Image source: Getty Images The US bull market‘s in full swing, with the S&P 500 recently topping 6,000 for the first time. In my portfolio, two growth stocks have jumped 25% or more within days. Here, I’ll take a look at each one to see why investors got so excited. Raising guidance The first stock is Axon Enterprise (NASDAQ: AXON), which has surged 27% since the law enforcement technology company reported blockbuster Q3 earnings on 7 November. The share price is now up 783% in five years. Axon’s business model combines essential hardware (body cameras and Tasers) with subscription software…
Carbon Offset and Carbon Credit Market OverviewAs per the Market Research Future (MRFR)’s analysis, the Carbon Offset/Carbon Credit Market is Projected to reach a market value of USD 4994.3 billion while flourishing at a CAGR of 32.0% by 2032.As climate change concerns intensify globally, the need to reduce greenhouse gas emissions has become urgent. The carbon offset and carbon credit market has emerged as a significant tool in helping countries, businesses, and individuals mitigate their carbon footprint and meet sustainability goals. This article explores the structure, growth, and future potential of the carbon offset and carbon credit market, outlining how…
By Lucinda Elliott LIMA (Reuters) – World leaders are heading to South America for twin summits this month, with one major theme dominating: Donald Trump 2.0. Peru is the first stop, for the Asia-Pacific Economic Cooperation (APEC) forum on Nov. 13-15, followed by a Group of 20 (G20) leading economies meeting in Brazil on Nov. 18-19. A busy month of global summits has also seen the COP29 climate change conference in Azerbaijan. For leaders from the Asia-Pacific region, APEC on Thursday will be the first time they have gathered since the Nov. 5 U.S. presidential election, which ended in victory for Republican Trump,…
Warren Buffett is the longtime CEO of Berkshire Hathaway, where he oversees a $295 billion portfolio of 45 publicly traded stocks and securities. His conglomerate also wholly owns an array of businesses, and has a $325 billion cash stockpile ready to be put to work when he and his lieutenants see worthwhile investing opportunities. Since Buffett took the helm in 1965, his investment decisions have propelled Berkshire Hathaway’s stock to a compound annual return of 19.8% through 2023. That crushes the average annual return of 10.2% in the S&P 500 index over the same period. Start Your Mornings Smarter! Wake up…
Image source: Rolls-Royce plc It has been an incredible couple of years for shareholders in aeronautical engineer Rolls-Royce (LSE: RR). Rolls-Royce shares recently hit an all-time high not far off £6 apiece. Given that they were selling for pennies just two years ago, that represents a remarkable return for some investors. With that sort of momentum, it is easy to imagine that Rolls-Royce shares may continue heading upwards. But while momentum can be a driver in the stock market as some investors pile in to a surging share, over the long term, valuation tends to be based on more hard-headed…
By Shashwat Chauhan (Reuters) -European shares swung between gains and losses on Wednesday, as rising energy shares countered technology losses, while focus remained on a key U.S. inflation print that could alter market expectations on the Federal Reserve’s interest rate path. The pan-European index edged up 0.1%, after falling as much as 0.2% earlier in the session. The index though hovered near a three-month low hit on Tuesday. Heavyweight technology stocks, down 0.4%, were among the major sub-sector decliners, while autos also slipped 0.6%. Energy stocks, however, added 1.4%, while basic resources rose 0.7%. A U.S. October inflation reading is…
The 2025 Toyota Tundra was released in the fall of 2024, continuing its legacy as a powerful and versatile full-size pickup. The model offers two impressive engine options: the standard i-Force twin-turbo V6, which delivers 389 horsepower and 479 lb-ft of torque, and the i-Force Max hybrid V6, which boosts performance to 437 horsepower and 583 lb-ft of torque. This robust engine lineup makes the 2025 Tundra an ideal choice for both heavy-duty tasks and off-road adventures, maintaining Toyota’s reputation for durability and performance in the truck segment. The 2025 Tundra also stands out for its towing and payload capabilities.…