The European Commission is telling EU member states to boost support for the steel and metals industry by using all available state aid and energy regulation tools to cut costs for energy-intensive sectors — including reducing energy taxes to zero. In a non-binding action plan presented on Wednesday, the commission outlined its priorities: securing… Source link
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Author: Lin Bo-yu Regulation March 27, 2025 Thailand’s SEC proposes regulatory amendments to boost carbon credit market. (Photo:iStock) To stimulate its carbon trading market, the Thai government is revising regulations to relax cryptocurrency oversight. The proposed changes would allow the tokenization of carbon credits, carbon allowances, and renewable energy certificates using blockchain technology. This move is expected to attract digital asset managers, brokerage firms, and traders to the market, reinforcing Thailand’s ambition to become a carbon trading hub. New rules encourage crypto players to enter carbon market Thai Securities and Exchange Commission (SEC) revised its utility token framework in August last year, excluding consumer…
Insiders appear to have a vested interest in First Guaranty Bancshares’ growth, as seen by their sizeable ownership A total of 4 investors have a majority stake in the company with 50% ownership Using data from company’s past performance alongside ownership research, one can better assess the future performance of a company This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Every investor in First Guaranty Bancshares, Inc. (NASDAQ:FGBI) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 44% to…
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Nasdaq slumps 2%, tariff fears intensify It was really only a matter when, not if, tariff fears cast a pall over Wall Street and global markets again, and so it proved on Wednesday as investors braced for U.S. President Donald Trump’s latest announcement on auto tariffs. The Nasdaq fell 2% and the MSCI World index shed 1% for their biggest declines in two weeks. Earlier, British finance minister Rachel Reeves delivered an update on the country’s fiscal and…
Oil companies spent more than a century developing a vast industrial network to extract, refine and deliver their product to customers around the world. Sourcing the materials needed to build an alternative, less carbon-intensive economy presents a whole new set of challenges. China has been tackling these successfully for more than a decade, making it the undisputed leader in the “critical minerals” used in equipment such as electric vehicle batteries, solar panels and wind-turbine magnets. Source link
A view of the 23andMe headquarters in Sunnyvale, California, on March 25, 2025.Tayfun Coskun | Anadolu | Getty Images23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetic testing company that spiraled into Chapter 11 bankruptcy protection this week.Avey helped launch 23andMe in 2006 alongside Paul Cusenza and Anne Wojcicki, who resigned as CEO on Friday. The company went mainstream due to its popular at-home DNA testing kits, but struggled in recent years to generate recurring revenue, stand up viable therapeutics and research businesses and assuage privacy concerns.”My time at…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nimesh ShahRachel Reeves’ plans to invest an additional £300mn in HM Revenue & Customs over the next five years will not even scratch the surface in tackling the gap between what the tax authority should collect and what it actually does. This comes on the back of severe criticism of HMRC by the government and the public accounts committee.Nimesh Shah, chief executive, Blick Rothenberg © nickstrugnell.comThe criticism isn’t unfair in my view. HMRC customer service and standards are at an all-time low,…
Hundreds of Canadian workers have already been laid off from steel plants as President Trump’s tariffs squeeze the industry. At least 200 Canadian members of the United Steelworkers — North America’s largest private-sector union — have lost their jobs thus far, according to Marty Warren, the group’s national director. United Steelworkers has more than 225,000 members in Canada. And Canadian companies have not been shy about placing the blame on Trump’s stiff tariffs — a 25% levy imposed on all steel and aluminum imports on March 12. President Trump raised the levies on steel and aluminum imports to 25% on…
Tokens to be allowed on exchanges PUBLISHED : 27 Mar 2025 at 04:38 Small Medium Large The SEC action aims to expand investment options and position Thailand as a regional hub for carbon credit trade. The Securities and Exchange Commission (SEC) is preparing to allow tokenised carbon credits to be traded via digital asset exchanges as well as brokers and dealers, in a bid to promote Thailand as a carbon credit trading hub.Earlier this month the SEC approved regulatory amendments to allow digital asset exchanges, brokers and dealers to offer services for tokenised carbon credits, tokenised renewable…
Greece is one of the 13 EU members states that will proceed with projects aiming to bolster Europe’s raw material independence. Source link