Ukraine aims to be a key player in Europe’s energy future, leveraging its natural resources, rare earth minerals and its technology and ingenuity as a logical part of the plan to move forward. However, much of that ambition and potential is on hold due to the ongoing war. With considerable proven reserves of oil and gas, as well as vital transit and transport infrastructure, Ukraine’s energy importance to Europe is already clear. The country holds an estimated 1 trillion cubic metres of untapped natural gas, though pre-war production was stalled at around 21 billion cubic metres annually. Ukraine’s famously fertile black soil…
Author: user
NEW YORK – Shares of ThredUp Inc. (NASDAQ:TDUP) soared 10% in after-hours trading on Monday after the online resale platform reported better-than-expected third-quarter revenue and raised its full-year guidance. ThredUp posted revenue of $73 million for the quarter, surpassing analyst estimates of $70.14 million. However, the company’s adjusted loss per share of $0.22 was wider than the $0.15 loss analysts had projected. Despite the mixed results, investors cheered ThredUp’s raised outlook for the full year. The company now expects 2024 revenue between $300 million and $302 million, up from its previous forecast and above the $300 million consensus estimate. “Though…
(Reuters) – Meta Platforms (NASDAQ:) will extend its ban on new political ads after the U.S. election, maintaining the suspension until later this week, the Facebook-parent said in a blog post on Monday. In response to the rampant spread of misinformation during the previous presidential election, tech firms are maintaining heightened scrutiny this year. During the restriction period, Meta will disallow new political ads. However, previously served ads with at least one impression before the ban’s implementation will continue to run, albeit with restricted editing options. Meta maintains its policy from previous years, asserting that there may not be sufficient…
(Bloomberg) — BCE Inc. will pause dividend growth next year as it makes an unexpected push into the US with the purchase of an internet provider in the Pacific Northwest, a move that sent the company’s shares tumbling to a 12-year low. Most Read from Bloomberg Canada’s largest telecommunications company will pay C$5 billion ($3.6 billion) for Northwest Fiber LLC, which does business as Ziply Fiber and has 1.3 million locations in Washington, Oregon, Idaho and Montana, with plans to expand to more than 3 million in the next four years, according to a statement Monday. The announcement comes less…
The 1966 Dodge Coronet marked a significant evolution for the model, with a major restyle and the introduction of the iconic 426 Hemi engine. While the Hemi had been available in 1965, it was a discreet option that few customers chose. Recognizing the demand for high-performance power, Dodge officially offered the Hemi in 1966, allowing buyers to equip their Coronets with a formidable engine featuring dual four barrel carburetors and hydraulic lifters. 1966 Dodge Coronet: Rare Muscle Car Potential with Classic Hemi Powertrain (Dodge) Despite its potential, the Hemi-powered Coronet remained a relatively rare sight, with only 732 examples produced…
The world is witnessing a surge in defense spending, driven by intensifying geopolitical tensions and a renewed focus on military modernization. According to the Stockholm International Peace Research Institute, global military expenditures reached an all-time high of $2.44 trillion in 2023, marking a 6.8% increase from the previous year. Governments are ramping up investments in cutting-edge technologies to secure their borders and deter growing threats. The U.S. defense budget, for instance, reached $814.4 billion in fiscal year 2024, reflecting a bipartisan commitment to strengthening national security. This heightened spending environment offers lucrative opportunities for defense contractors like Northrop Grumman Corporation…
The Lancia Gamma, a name synonymous with elegance and innovation, is set to make a triumphant return in 2026. This time, it will be an all electric flagship sedan built on Stellantis’s STLA Medium platform. This platform, designed for a range of vehicles from compact crossovers to large sedans, will provide the Gamma with a powerful electric powertrain and advanced technology. While the specifics of the Gamma’s electric range remain to be seen, it’s expected to offer a substantial driving range, leveraging the platform’s potential for efficient energy use. The new Gamma will also feature a striking design, with a…
We’ve seen that building a lifelong passive income through share investing is very possible. However, tax costs can take a massive bite out of the amount we have to live on. In the UK, both dividends and capital gains are taxed. And the amount we have to pay to HMRC is getting larger. Here’s how I’m hoping to avoid big bills and maximise my passive income. Rising tax bills Dividend allowances have fallen sharply in recent years. Investors can now only enjoy £500 in dividends before they have to start paying tax. That’s down from £1,000 last year, £2,000 the…
Renault, the French automaker, is currently experiencing a period of significant growth and innovation. This is evident in the success of its subsidiary, Dacia, which has seen a remarkable 17% increase in deliveries across Europe during the first nine months of the year. Dacia’s dominance in the non-commercial vehicle segment and the strong performance of models like the Spring EV and Jogger further highlight the brand’s appeal. Meanwhile, Renault itself has made waves with a series of exciting new models. The electric revival of iconic vehicles like the Renault 5 and Renault 4 has generated significant buzz, while the R17…
William D. Mosley, Chief Executive Officer of Seagate Technology Holdings plc (NASDAQ:STX), has sold a significant portion of his holdings in the company. According to a recent SEC filing, Mosley divested a total of 20,000 ordinary shares on November 1, 2024, amounting to approximately $1.99 million. The shares were sold at prices ranging from $99.16 to $100.93 per share. Following the transactions, Mosley retains ownership of 642,497 shares in the data storage company. These sales were conducted under a pre-established Rule 10b5-1 trading plan, which allows company insiders to set up a predetermined schedule for selling stocks, thereby avoiding concerns…