LONDON, Dec. 18, 2024 /PRNewswire/ — Fastmarkets, a leading international price-reporting agency, is thrilled to announce the launch of its voluntary carbon pricing and news service. This new initiative positions Fastmarkets as a critical resource for businesses and investors navigating the complexities of sustainability-focused decisions. It also marks an important step in Fastmarkets’ expansion into the voluntary carbon market, with a comprehensive analytical release set to launch in 2025, complementing this price data with forecasts and insights into the broader carbon credit market for even greater transparency and customer benefit. The initial pricing and news launch focuses on regional project…
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Image source: Getty Images When it comes to dividend shares, I’ve been in two minds about British American Tobacco (LSE: BATS) and its forecast 8% dividend yield for some time. Governments in some developed countries are ramping up their efforts to wean people off tobacco. And a tobacco company can’t hope to do well from that. But, I’m not convinced tobacco will meet its end anytime soon. Developing countries and their billions of people are surely the customer base for the next few decades. And where development leads to increasing wealth, the demand for premium brands should do well. New…
Congress is set to vote in the coming days on legislation restricting U.S. investments in China as part of a bill to fund government operations through mid-March, lawmakers said late on Tuesday. Source link
Criteo S.A. offers a promising entry into digital advertising growth, despite challenges. Click here to read why I rate CRTO stock as a soft buy. Source link
The Nasdaq Composite index crossed 20,000 points for the first time on Wednesday as big tech stocks soared after inflation data affirmed Wall Street’s expectations for another interest rate cut later this month. The Nasdaq rose 1.8% to close at 20,034.89 on Wednesday. The majority of stocks rose after fresh consumer inflation data met expectations, reassuring investors that the Federal Reserve officials will cut interest rates for the third time this year when they meet next week. Big tech stocks were particularly buoyant. Shares of Alphabet (GOOG)(GOOGL) advanced more than 5% for a second straight day after the Google parent…
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling a “hawkish cut” set to be delivered alongside policymakers’ updated interest rate outlooks and economic forecasts covering the first months of the incoming Trump administration. The anticipated quarter-percentage-point move would lower the U.S. central bank’s benchmark policy rate to the 4.25%-4.50% range, a full percentage point below where it stood in September when it began easing the tight monetary policy used to counter a surge in inflation that began in 2021. How much further and how fast…
UN Calls For Timely Action To Restore 2015 Iran Nuclear Deal As Tensions Rise | N18G A top U.N. official, Rosemary DiCarlo, called on world powers and Iran to urgently restore the 2015 Joint Comprehensive Plan of Action (JCPOA), which lifted sanctions on Iran in return for restrictions on its nuclear program. The U.S. withdrew from the deal in 2018 under President Donald Trump, prompting Iran to gradually reduce its commitments. European and Iranian diplomats met recently to explore ways to ease tensions, especially regarding Iran’s nuclear activities, before Trump’s potential return to the White House. DiCarlo emphasized the importance…
The US Dollar trades in negative territory around 106.85 in Wednesday’s early European session. US Retail sales jumped 0.7% MoM in November after an upwardly revised 0.5% gain prior, according to the US Census Bureau. The Fed is anticipated to lower interest rates by 25 bps to a range of 4.25% to 4.50%. The US Dollar Index (DXY) trades with a mild negative bias near 106.85 during the early European trading hours on Wednesday. The speculation that the Federal Reserve (Fed) will adopt a more cautious stance on cutting interest rates might provide some support to the US Treasury bond yields…
Nucor’s Q4 Guidance Misses The Mark, Hit By Steel Slowdown; Stock Slides Nucor Corporation (NYSE:NUE) shares are trading lower premarket today. On Monday, the company provided fourth-quarter guidance, expecting EPS of $0.55 – $0.65 vs. the consensus of $0.86. The primary factor driving the expected earnings decline is lower earnings in the steel mills segment due to decreased volumes and lower average selling prices. The company projects earnings in the steel products segment to decline, reflecting the same trends. However, the raw materials segment is anticipated to see an increase in earnings, excluding the impairment charge from the third quarter…
The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district, on 20th November 2024, in London, England.Richard Baker | In Pictures | Getty ImagesLONDON — U.K. inflation rose to 2.6% in November, the Office for National Statistics said Wednesday, marking the second straight monthly increase in the headline figure.The reading was in-line with the forecast of economists polled by Reuters, and climbed from 2.3% in October. Inflation hit a three-and-a-half year low of 1.7% in September, but was expected to tick higher in the following months, partly due to an…