Image source: Getty Images Investing in FTSE 250 dividend growth stocks can provide a steady income and capital gains as cash rewards are steadily hiked. It’s a combination that can protect against inflation and provide a strong and stable return over time. This company’s tipped to grow dividends by double-digit percentages over the next couple of years at least. Here’s why I’d buy it if I had cash on hand to invest. A top property stock Investing in residential property’s one of the safest ways to make a second income, in my book. Demand for accommodation remains stable regardless of…
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BEIJING/SHANGHAI (Reuters) – China’s central bank kicked off two funding schemes on Friday that will initially pump 800 billion yuan ($112.38 billion) into the stock market through newly-created monetary policy tools. The People’s Bank of China (PBOC) spelt out operational details of the swap and relending schemes first announced in late September, aiming to support “steady development” of capital markets. China’s recent market bull run has been losing steam as euphoria turned into caution over the size and implementation of Beijing’s stimulus promises. Under the swap scheme, initially worth 500 billion yuan, brokerages, funds management firms and insurers can obtain…
Amazon Web Services (AWS) is investing over $500 million in nuclear power technologies after revealing three projects from Virginia to Washington state. AWS has a significant need for clean energy as it expands services into generative AI (GenAI). This mission is happening through signed agreements with Virginia-based utility company Dominion Energy and Washington-based Energy Northwest. Nuclear reactors do not produce carbon emissions. SMRs are known as an advanced kind of nuclear reactor with a smaller physical footprint, enabling them to be built closer to the grid. And they also have faster build times than traditional reactors, allowing them to come…
Tech giant Meta reportedly fired roughly two dozen staffers based in Los Angeles for abusing the company’s $25 meal vouchers to purchase non-food household items.The Financial Times reported that Meta fired the workers last week after the company discovered that the workers were abusing its food credit system by using the funds to buy other household items, ranging from acne pads and wine glasses to laundry detergent.According to the report, Meta staff are given daily allowances of $20 for breakfast, $25 for lunch and another $25 for dinner — similar perks to what other large tech companies offer workers on top…
SHANGHAI, Oct. 17, 2024 (GLOBE NEWSWIRE) — TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (Tims China or the Company) participated in the Fourth ESG Global Leaders Summit in Shanghai this week. Tims China was the coffee sponsor of the conference, showcasing its innovations in the sustainable consumer sector in China. Yongchen Lu, CEO of Tims China, took part in a panel discussion titled “Consensus on New Green Consumption Concepts.” (From left to right: the thematic panel, Yongchen Lu during the panel discussion, Tims China coffee booth, guests in line for Tims China…
A sports team owner, an investor, and retired NBA star Andre Iguodala made a case for investing in sports during a panel at the Next Level Sports Conference on Thursday.People are pumping millions into sports teams: The Clipper’s Intuit Dome in Inglewood cost $2 billion to build. And there are talks of NBA expansion to cities like Seattle, Las Vegas and even Mexico City. But is it a worthy investment or a bubble waiting to burst?Jasmine Robinson, a managing partner at Monarch Collective, is putting her money behind women’s sports.“In 2021, 2022 you started seeing a lot of the stakeholders…
By Kevin Yao BEIJING (Reuters) -China’s economy grew slightly quicker than expected in the third quarter, but a prolonged property downturn and weak consumption remain a drag on activity, maintaining pressure on policymakers as they consider more stimulus steps to revitalise growth. Data released on Friday showed the world’s second-largest economy grew 4.6% year-on-year in July-September, beating a 4.5% forecast in a Reuters poll but slowing from 4.7% in the second quarter. Other data also released on the day, including industrial output and retail sales for September, beat expectations in an encouraging sign for policymakers. The property sector though continued…
In this insightful fireside chat hosted by Giovanni Amodeo, Roland Dennert, managing partner at Chipio Partners, delves into the dynamic world of software investing. Here’s a summary of the key topics discussed: 1. Background and Experience: Roland shares his journey from studying engineering in Switzerland to earning an MBA in Boston and consulting for the Boston Consulting Group in Paris. His transition into private equity began with the establishment of a Munich office for the Three I Group. 2. Overview of Chipio Partners: Chipio Partners operates as an independent player in the investment space, allowing for greater flexibility in strategy…
Mark Cuban Dismisses Dogecoin Founder’s Concerns: Kamala Harris Is ‘Night And Day Away From Biden And Far Ahead Of Trump’ On Crypto UnderstandingA recent exchange on X between entrepreneur Mark Cuban and a crypto enthusiast has shed light on Vice President Kamala Harris’s evolving stance on cryptocurrency, particularly Bitcoin (CRYPTO: BTC), in light of the November election.What Happened: Cuban, responding to a suggestion that Harris should transfer the U.S. government’s 200,000 bitcoin to the treasury, provided insights into his discussions with Harris’s team about crypto policy.Don’t Miss:He pointed out that the treasury is legally obligated to dispose of confiscated assets,…
China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first half performance of the world’s second-largest economy.Str | Afp | Getty ImagesChina’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters.That’s less than the second-quarter growth of 4.7% year on year. On a quarterly basis, the third quarter saw 0.9% expansion, compared to 0.7% in the second quarter.”The national economy showed positive signs of…