The total investment for the GranMorgu project is estimated at $12.2bn, with Staatsolie contributing $2.4bn (Sr$88.09m). Credit: Staatsolie. Staatsolie Maatschappij Suriname (Staatsolie) has successfully issued a new bond, raising $515.8m, which is $211.7m more than the initial target of $304.1m. The Staatsolie Bond 2025–2033 secured $468.7m and €43.5m ($47.1m), highlighting strong investor interest and confidence in the company’s initiatives. The interest rates are set at 7.75% for the US dollar bond and 7.25% for the euro bond, with payments scheduled twice a year, starting on 23 September 2025. The bonds are tradable on the Dutch Caribbean Securities Exchange and the…
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What makes a carbon abatement project a sound investment?Poyan:1. Carbon markets are developing with new methodologies with improved quality assurance being launched2. On a policy level, rules around international trade of carbon with clear safeguards around double counting are emerging3. There is a convergence between carbon compliance markets and the voluntary carbon markets.All three mechanisms drive towards a more robust carbon market linked to the financial market. With that, capital can flow to the most efficient climate abatement projects. Lastly, we are far away from goals set out in the Paris Agreement. I believe we will realise that to reach these, we must…
Image source: Getty Images It hasn’t been an excellent week for Trustpilot (LSE:TRST). The growth stock has experienced an 18% drop in the share price in the last week. Even with this, it’s still up 20% over the last year. I’m deliberating whether to invest in the popular customer review platform on this potential dip. Here are my thoughts! Factors at play Last week, the 2024 annual results came out. Trustpilot reported its first annual pre-tax profit of £5.2m. Despite this positive milestone, the market reacted negatively because some investors had higher expectations. When looking to the future, the business…
Image source: Getty Images The lingering effects of Brexit compounded by the pandemic led to years of low returns for FTSE shares. But recently the UK market has made an impressive recovery, hitting new highs this year. While some companies continue to accept takeover bids from US firms, there are those that are beginning to see the advantage of remaining in the UK. President Trump’s trade tariff war has sent fear through the US market, making the UK look even more appealing for long-term stability. This presents new opportunities for UK investors to take advantage of undervalued shares with promising…
Tolgart | E+ | Getty ImagesScammers are always looking at ways to separate you from your money and they are using the tax season to try and trick taxpayers into falling for various fraud schemes.With millions of Americans sharing personal and financial information, tax season is a prime time for scammers to steal not just your refund but also your identity, experts say.”Anybody can be a victim,” said Jennifer Hessing, who works as a fraud analytics director at Wells Fargo.Hessing said she experienced having someone file a tax return in her name with stolen personal information. The Internal Revenue Service…
Image source: Getty Images Kingfisher (LSE: KGF) reported a 7% fall in full-year profit before tax (PBT) on Tuesday (25 March), and the share price promptly slumped 12% when the market opened. The home improvement retailer saw sales dip 1.5% in the year to 31 January 2025, with bottom-line adjusted earnings per share (EPS) down 5.2%. But the owner of the UK’s B&Q and Screwfix, and Castorama and Brico Depot in France, reckoned its core categories were resilient. Big-ticket spend on things like kitchens and bathrooms has been under pressure. CEO Thierry Garnier said: “Recent government budgets in the UK…
Image source: Getty Images Scottish Mortgage Investment Trust (LSE: SMT) offers UK stock investors something different from the rest of the FTSE 100. The trust aims to invest in what it sees as the world’s most exceptional growth companies, regardless of where they’re located geographically. Here are five reasons why an investor might consider loading up on Scottish Mortgage shares while they’re still under £10. Solid track record The first is performance, which is what an actively managed fund is ultimately judged on. Has it outperformed the market over meaningful time periods? In the case of Scottish Mortgage, it’s delivered…
Image source: Getty Images There are good reasons why it’s worth investing from an early age. The benefits of compounding via buying UK stocks means that if someone started when they were 18, they’d have a considerable head start on the rest of us. Unfortunately, very few are financially literate at that age! Yet even from the age of 35, big things can develop over the years with consistency and discipline. Choosing where to allocate cash A lot will focus on the end goal of £1m and miss the point that to potentially hit that figure, the strategy needs to…
Image source: Getty Images M&G (LSE: MNG) has been a foundation stock in my passive income portfolio for some time now. These shares generate very high dividends for me without too much effort on my part – hence the ‘passive’ label. In fact, all I need do is pick the right shares initially and then monitor their progress periodically after that. A key quality I want in my passive income picks It is a company’s earnings growth that determines its dividend and share price over time. A risk to M&G’s is another surge in the cost-of-living crisis that may cause…
Image source: Getty Images The FTSE 100 has some incredible opportunities for investors looking to build a second income stream right now. One that leaps right out at me is insurer and asset manager Legal & General Group (LSE: LGEN). With a forecast yield of a mind-boggling 9%, it’s set to pay one of the most attractive passive income streams on the blue-chip index in 2025. While there’s plenty of dividend income on offer, share price growth has been in short supply. But after a rough few years, that’s starting to show some life too. Can this FTSE 100 dividend hero…