LONDON – Amundi Physical Metals plc (GLDA) has announced the issuance of 30,000 ETC Securities, identified as Tranche 634 of Amundi Physical Gold ETC. This addition follows the series issue date of May 23, 2019, under the firm’s Secured Precious Metal Linked ETC Securities Programme. The latest issuance brings the aggregate number of ETC Securities for the series to 51,282,155. Each security is linked to a specific weight in gold, offering investors exposure to the precious metal without the need for physical delivery. The initial metal entitlement per ETC Security at the series issue date was 0.04 fine troy ounces,…
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(Reuters) – North American graphite miners asked the U.S. government on Wednesday to impose a tariff as high as 920% on Chinese suppliers of the battery metal in order to counter what they describe as Beijing’s “malicious trade practices.” The move is the latest attempt by Western critical minerals suppliers to offset China’s widespread control of the world’s extraction and processing of the building blocks for electric vehicles and electronics. Graphite, the largest component by volume in an EV battery, can be synthetically produced or processed from naturally occurring sources. China is the largest producer of both types and earlier…
Image source: Getty Images As a fresh year approaches, I like to try and predict what the big stock market stories might be looking ahead. Here are my thoughts on what the FTSE 250 share index might do over the next 12 months. A move above 22,000 points? 2024 has so far been a positive one for the FTSE 250. Up 4% in the year to date, this is roughly the same rate of growth it enjoyed last year. If this rate continues, the index will rise from 20,400 points today through the 21,000-point barrier. To be exact, it’ll end…
European markets opened lower on Friday as investors monitored political turmoil in the U.S. and monetary policy decisions from various major economies.The pan-European Stoxx 600 index was around 0.9% lower shortly after the opening bell, with every sector and all major bourses in negative territory.The United States was plunged into fresh political uncertainty on Thursday evening, after the failure of a Trump-backed spending bill, whose passage would have prevented a government shutdown. Dozens of Republican lawmakers voted against the deal to fund the government for three months and suspend the U.S. debt ceiling for two years, meaning a partial government…
Enabling the Industry’s First 64 Gbps UCIe IPs following the Successful Tapeout of Alphawave Semi’s Gen2 36 Gbps UCIe IP on TSMC’s 3nm Technology, supporting both High-Yield, Low-Cost Organic Substrate Standard Packaging (NYSE:) and Advanced Packaging Technologies. LONDON & TORONTO–(BUSINESS WIRE)–Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity and compute silicon for the world’s technology infrastructure, proudly introduces the industry’s first 64 Gbps Universal Chiplet Interconnect Express (UCIe™) Die-to-Die (D2D) IP Subsystem to deliver unprecedented chiplet interconnect data rates, setting a new standard for ultra-high-performance D2D connectivity solutions in the industry. The third generation, 64 Gbps IP Subsystem…
LONDON – International Workplace Group plc (IWG), a global provider of flexible workspaces, disclosed a significant share purchase by a person closely associated with a company executive. Nicola Sutherland-Heijl, closely associated with Nonexecutive Chairman Douglas Sutherland, acquired 40,000 ordinary shares of IWG at a price of GBP 1.52467 per share on December 19, 2024, as per the initial notification released by the company. The transaction took place on the London Stock Exchange (LON:) and amounted to a total investment of GBP 60,986.80. This purchase reflects a substantial investment in the company by an individual closely connected to one of IWG’s…
LONDON – IP Group plc (LSE: IPO), an investor in innovative science and technology companies, has announced that two of its life sciences portfolio companies have received cash offers, which are expected to yield significant proceeds for the group. Intelligent Ultrasound Group plc, with IP Group holding a 20.8% interest, has been valued at approximately £45.2 million following a cash offer from Surgical Science Sweden AB. This transaction is anticipated to result in IP Group receiving around £8.8 million, doubling the value from its last reported net asset value (NAV) as of June 30, 2024. Similarly, Abliva AB, in which…
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, and communicators. The Digital Experience segment provides an integrated platform and set of applications and services that…
Image source: Getty Images With a rise of a shade under 80% in 2024, the Barclays (LSE: BARC) share price has only fallen short of this year’s winning bank by a fraction. NatWest Group just edged it out. Or at least, it has done with a few market days left before the year ends. So maybe there’s still time for change. International strength One thing I think could propel Barclays to the winning position in 2025 is, perhaps ironically, also something I see as one of its key risks. At Q3 time, the company told us that Barclays Investment Bank…
Data from Realtor.com shows that existing home sales may be cooling — the typical home for sale spent 62 days on the market in November 2024. That makes it the slowest November for home sales in five years, and it’s a far cry from the just-listed-to-pending trend seen during the housing market’s hot streak from 2021 to 2022. So you might be wondering: If the housing market is cooling, when will housing prices drop so I can get my slice of the homeownership pie? Experts say that 2025 will likely not be the year that housing prices start their descent…