Image source: Getty Images The Rolls-Royce (LSE: RR) share price has gone bananas since CEO Tufan Erginbilgic took over. It’s up 525% over two years and 138% over 12 months. No FTSE 100 stock comes close to matching that. But with a market cap of £47bn and price-to-earnings ratio of 40.2, it’s inevitable that Rolls-Royce shares will slow. Can this FTSE 100 winner keep flying? The recovery phase is over, but I still think Rolls-Royce shares remain a brilliant long-term buy-and-hold. On 7 November, it confirmed that full-year 2024 underlying operating profit is on course to hit between £2.1bn and…
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This week’s Ask Eartha outlines how to choose a bank that prioritizes sustainability. Getty Images Dear Eartha, I heard that where I bank can have an impact on climate change. How can I make sure my money isn’t hurting the planet? When people think of their carbon footprints, money likely isn’t one of the first things to come to mind. But just like your daily commute, your diet or the energy efficiency of your home, where and how you bank can have a big impact on your carbon footprint. That’s why choosing a bank that prioritizes sustainability can make a meaningful…
By Andrea Shalal DEARBORN, Michigan (Reuters) – Democrat Kamala Harris lost Michigan by more than 80,000 votes amid a nationwide shift to Republicans, as union workers, Black voters, Arab Americans and Muslims either failed to show up at the polls, or cast their ballots for Donald Trump. It was a bracing loss, given the state is run by a high-profile Democratic governor who expanded voting rights and it had only backed a Republican president once before in the past 22 years – Trump in 2016, and then by fewer than 11,000 votes. What happened in Michigan highlights issues that ail…
Carbon credits have become one of the buzzwords associated with climate action, offering countries, companies, and organizations economic incentives to reduce their greenhouse gas emissions. The essence of the carbon credit system lies within the responsiveness to climate change, with various stakeholders across the globe scrambling to achieve emissions reduction goals.A recent report from the Center for Food, Power, and Life highlights North Carolina’s ambitious agenda after the passage of House Bill 951. This legislation laid out aggressive timelines for the state to reach carbon neutrality by 2050 by significantly reducing carbon emissions from its electric power generation. Notably, Duke…
Image source: Getty Images One of the most common financial goals among investors is to earn a second income. After all, who doesn’t love the idea of watching the money roll in without having to work for it? And the increased financial freedom can even open the door to earlier retirement, allowing for more time to be spent having fun with family and friends. However, achieving this milestone can be a bit daunting, especially for beginner investors. So if I were starting from scratch with a brand new Stocks and Shares ISA, here’s how I’d aim to earn a £50,000…
Nearly every technology company touts its artificial intelligence credentials these days. I don’t blame them, considering AI is a valuable addition to many software and services. But just because tons of companies are quickly integrating AI into their offerings, it doesn’t mean they’re top AI stocks. Instead, you should look for leaders who are knee-deep in this segment and setting the pace in the AI race. Here are three top AI stocks leading the pack that are worth buying right now. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Image…
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – During his campaign for re-election, Donald Trump vowed to purge the military of so-called “woke” generals. Now that he is president-elect, the question in the halls of the Pentagon is whether he would go much further. Trump is expected to have a far darker view of his military leaders in his second term, after facing Pentagon resistance over everything from his skepticism toward NATO to his readiness to deploy troops to quell protests on U.S. streets. Trump’s former U.S. generals and defense secretaries are among his fiercest critics, some branding him…
Image source: Getty Images Billionaire investor Warren Buffett has a tremendous track record of buying undervalued shares of high-quality companies. His investment strategy has shifted slightly over time. However, his approach of putting value at the forefront has led to his Berkshire Hathaway portfolio generating an average 19.8% annualised return since 1965. Even after an impressive double-digit rally over the last 12 months, there remains plenty of underappreciated businesses in the stock market both in the UK and abroad. And by adopting Buffett’s investing strategy, investors could position their portfolios to reap significantly higher returns in the coming years. Focusing…
MEXICO CITY (Reuters) – Authorities in Guerrero, one of Mexico’s most violent states, said Thursday they found the remains of 11 people in the capital Chilpancingo, marking what appears to be another grisly homicide weeks after the city’s mayor was murdered and decapitated. The bodies were nine men and two women, with two minors among the dead, and their identities were still unknown, the office of Guerrero’s attorney general said in a statement. A citizen had reported an abandoned van to authorities on Wednesday night, leading them to find the bodies. The killings were being investigated as homicides, the statement…
Stay informed with free updatesSimply sign up to the Indian business & finance myFT Digest — delivered directly to your inbox.Trading in Indian food delivery app Swiggy begins on Wednesday in a $1.3bn initial public offering that investors have already given a lukewarm reception, as it tries to grow in a fiercely competitive sector.On Friday, institutional investors shored up Swiggy’s listing on its final subscription day as the Bengaluru-based company chased a valuation of about $11.2bn.Swiggy’s listing — India’s second-largest this year — received bids more than three times the shares on offer, with the retail portion just covered. It…