Friedrich Merz, Union candidate for chancellor and CDU federal chairman, joins the “Quadrell” TV round in the Bundestag election campaign.Michael Kappeler | Picture Alliance | Getty ImagesFriedrich Merz, migration hard-liner and longtime rival of Angela Merkel, is expected to become Germany’s next chancellor. His party the Christian Democratic Union is leading polls alongside its affiliate the Christian Social Union just days before the election.Back in September, Merz was elected as the CDU party’s designated candidate for chancellor in this year’s federal elections, after leading the organization and heading the opposition CDU-CSU parliamentary group since 2022. The CSU is a regional…
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China’s Iron and Steel Association said the 25% tariff increase on all steel and aluminum exports to the United States would have an adverse impact on the supply chain of the global steel industry, including China’s steel industry, state broadcaster China Central Television reported on Thursday. Source link
BusinessWire IndiaNew Delhi [India], February 20: Carbon Check (India), India’s leading Validation & Verification Body (VVB), becomes the first Designated Operational Entity (DOE) globally to receive accreditation under Article 6.4 of the Paris Agreement Crediting Mechanism of the United Nations Framework Convention on Climate Change (UNFCCC). This prestigious recognition places Carbon Check at the forefront of global carbon markets, empowering it to validate and verify emission reduction projects under the Article 6.4 mechanism – a key framework that promotes international collaboration in reducing greenhouse gas (GHG) emissions. With only a handful of organizations globally that even qualify for this accreditation,…
The Albanese government has announced a landmark package to salvage the beating heart of South Australia’s steel industry and provide the necessary, strategic public intervention to future-proof and catalyse the region’s transition to a nation-leading green iron and steel hub. Building on the federal government’s $2 billiion Aluminium Production Tax Credit announcement to decarbonise the energy demand of the nation’s aluminium smelters – the largest source of emissions in the aluminium supply chain – the $1bn Green Iron Investment Fund leverages strategic public capital to crowd in private investment into value-added green iron projects. Comparatively, iron is the largest source…
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Image source: Getty Images British Gas owner Centrica (LSE: CNA) saw its share price rise 10% when markets opened on Thursday (20 February), after the company unveiled a strong set of results. Centrica has lagged the wider FTSE 100 over the last year, after a strong recovery from 2021 to 2023. But today’s numbers suggest to me the business remains on track to make sustainable progress. I think this could open the door to further share price gains. Profits down, dividend up! Centrica’s operating profit fell 43% to £1,552m in 2024. Despite this, the company unveiled a 10% dividend increase,…
Unlocking Zambia’s carbon credit market – a pathway to sustainable growth Source link
Signage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Wednesday, March 29, 2023. Alibaba’s overhaul could serve as a template for a restructuring of China Tech itself: a shake-up that achieves Beijings aim of carving up the countrys tech titans while unlocking potentially billions of dollars in pent-up shareholder value.Bloomberg | Bloomberg | Getty ImagesChinese e-commerce titan Alibaba on Thursday beat expectations on the top and bottom line in its December quarter, citing ongoing strength in its Cloud Intelligence unit.Alibaba said net income hit 48.945 billion yuan ($6.72 billion) in the quarter ended Dec. 31, compared with an LSEG…
Image source: Getty Images There are some UK shares with interesting dividend yields on offer at the moment. But when it comes to investing, things aren’t always what they seem. I’m firmly of the view that dividend stocks can be great passive income investments. Finding the right ones however, can be a tricky business. High yields There are a number of stocks that have dividend yields that seem too good to be true. And in some cases, that’s because they are. Regional REIT (LSE:RGL) is one example. According to some sources, the real estate investment trust (REIT) is set to return…
Image source: Getty Images The share price of one of my top-performing S&P 500 stocks took a shocking dive yesterday (19 February). Axon Enterprise (NASDAQ: AXON), a leading developer of security products in the US, lost over 16% of its stock value in a matter of hours. Just one day prior, on Tuesday, the shares had hit a new all-time high of around $715. But when markets opened the following morning, the price began a rapid descent to $580. So what happened – and is this a sign to sell? Rating downgrade The devastating collapse seems to have been prompted…