The United Kingdom’s Office for National Statistics will release the February CPI data on Wednesday. The annual UK headline and core CPI inflation are set to ease slightly in February. The UK CPI data could impact the direction of the Pound Sterling and the BoE’s interest rates. The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for February on Wednesday at 07:00 GMT. The Pound Sterling (GBP) could experience intense volatility following the UK CPI inflation report, as it is likely to alter the market’s expectations for the Bank of…
Author: user
Thai Prime Minister Paetongtarn Shinawatra (right) attends the first day of a no-confidence debate, at the Thai Parliament in Bangkok, on March 24, 2025.Chanakarn Laosarakham | Afp | Getty ImagesThailand’s Prime Minister Paetongtarn Shinawatra survived a no-confidence vote today, after the country’s main opposition reportedly accused her of being unqualified and allowing her father to wield influence over her administration.The prime minister won the backing of 319 of 488 lawmakers present, according to Reuters.The opposition People’s Party said she was taking direction from her powerful father Thaksin Shinawatra, who was Thailand’s prime minister from 2001 to 2006.Paetongtarn is also the…
JEDDAH: The Saudi telecom sector is set to advance with the launch of its first live Cloud Radio Access Network site, marking a significant step in the Kingdom’s 5G innovation. Finnish technology company Nokia and Zain KSA announced on March 25 the completion of the site, which achieved peak download speeds of 1.5 gigabits per second when connected to the telecom company’s 5G core network. The trial commenced on Dec. 24 and concluded on Jan. 26, according to a statement. As part of its national digital transformation strategy, Saudi Arabia is investing in advanced technologies, with the…
Image source: Getty Images Premium content from Motley Fool Share Advisor UK Our monthly Ice Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of income-focused Ice recommendations, to help Fools build out their portfolios. “Best Buys Now” Pick #1: B&M European Value Retail (LSE: BME) A recent profit warning and departure of the company’s CEO have compounded the sell off in the company’s shares and led its one year share price decline to 48%. While weak consumer demand doesn’t bode well for general merchandise spending and the reduction in profits…
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | ReutersAmazon, in an effort to infuse generative artificial intelligence across a wider swath of its e-commerce universe, recently began testing a shopping assistant and a health-focused chatbot with a subset of users.AI has become a major area of investment across Amazon, including in its retail, cloud computing, devices and health-care businesses. Within the retail business, Amazon has already launched a shopping chatbot, an AI assistant for sellers and AI shopping guides.The new services Amazon is testing appeared on its…
EBITDA: 2024 EBITDA up 23% versus 2022, an increase of EUR516 million. Net Profit: Increased by 11% despite higher interest rates. Capital Expenditures: Increased by 50% compared to 2022, totaling EUR8 billion over 2022-2024. Adjusted EBITDA: EUR2.753 billion, up 13.9% year-on-year. Adjusted Net Income: EUR1.289 billion, exceeding guidance of EUR1.230 billion. Net Debt: EUR16.2 billion, 2% ahead of guidance. Dividend: Total dividend for 2024 at EUR0.2905 per share. Tariff RAB Growth: Up 5.8% in 2024 compared to 2023. Investments: EUR2.9 billion in 2024, up 31% versus 2023. Scope 1 and 2 Emissions: Reduced by 28% in 2024 versus 2022. Gas…
Tokyo has launched a new carbon credit trading platform in partnership with Gold Standard to accelerate corporate decarbonization and strengthen its Zero Emission Tokyo Strategy. The initiative will integrate Gold Standard Verified Emission Reductions (GSVERs), making it easier for businesses in Tokyo to access high-quality carbon credits and advance their sustainability goals. The Tokyo Metropolitan Government and Gold Standard signed a Memorandum of Understanding (MoU) to ensure that companies have a credible mechanism for offsetting emissions. This platform aims to remove barriers, such as language accessibility, for businesses seeking to participate in carbon trading. Margaret Kim, CEO of Gold Standard,…
Pipe for the Trans Mountain pipeline expansion is unloaded in Edson, Alta. on Tuesday June 18, 2019. (THE CANADIAN PRESS/Jason Franson) · The Canadian Press One of the biggest oil and gas bulls on Bay Street sees a potential end to Canada’s long stalemate on building new export-focused energy pipelines. Eric Nuttall says a political shift on the issue is underway ahead of Canada’s next federal election that could help de-risk billions in private-sector spending needed to make new links to foreign markets a reality. The fund manager at Toronto-based investment firm Ninepoint Partners says the catalyst is, of course,…
Editor’s note: this article originally appeared on the Rail Passengers Association and is republished with permission. So the “purge” has now come for Amtrak. After 16 years at the railroad spanning roles from intern to Chief Operating Officer before ascending to the top seat, Stephen Gardner abruptly resigned as Amtrak’s CEO, a move widely reported to have been orchestrated by the White House.Writes Bill Stephens at Trains magazine: “Nothing good will come from Wednesday’s dismissal of Amtrak CEO Stephen Gardner, who was pushed out as part of the White House’s purge of officials who are not deemed loyal to President Donald…
Captura is now selling carbon credits from its first commercial Direct Ocean Capture facilities, with Mitsui O.S.K. Lines signing the first large-volume offtake agreement for 30,000 tons Mitsui O.S.K. Lines has also invested in Captura through its venture capital arm, MOL Switch LLC, and entered a strategic partnership to explore deploying commercial Captura plants TOKYO & PASADENA, Calif., March 26, 2025–(BUSINESS WIRE)–Mitsui O.S.K. Lines (MOL), a global shipping leader, has become the first company to sign a large-volume offtake agreement for the permanent removal of carbon dioxide (CO2) from the atmosphere using Captura’s Direct Ocean Capture (DOC) technology. Under the…