Image source: Getty Images Stocks listed on the FTSE AIM are exempt from stamp duty. This makes a difference because a typical rate of 0.5% is charged on non-AIM listed stocks. This can significantly impact overall returns, especially for frequent traders or those making large investments. This tax advantage makes AIM stocks potentially more attractive to investors. It reduces the overall cost of investment and, in theory, may contribute to improved liquidity in these growth-oriented companies. For investors focused on smaller, potentially high-growth companies, the stamp duty exemption on AIM stocks can be a meaningful factor in their investment strategy…
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SINGAPORE – Singapore on April 1 finalised a carbon trading agreement with Peru, in a move that will pave the way for the Republic to buy carbon credits from the biodiversity-rich nation. This is the fourth such deal that Singapore has, and the first one inked with a Latin American nation. The country also has similar pacts with Bhutan, Ghana and Papua New Guinea. Under the Paris Agreement, countries can buy carbon credits generated in other jurisdictions to meet domestic climate targets. One carbon credit represents one tonne of carbon dioxide that is either removed from the atmosphere, such as…
Image source: Getty Images For many of us, passive income is the holy grail of investing. It gives us hope of working less, spending more time with family and taking some extra holidays. So, what would it take to earn a £2,000 monthly passive income? The simple maths here might be daunting at first. Even with a 5% yield, an investor would need around £480,000 invested in order to achieve £24,000 annually or £2,000 monthly. However, this is path well-trodden by thousands of UK investors. And the first part is building a portfolio worth £480,000, ideally within an ISA wrapper…
Image source: Getty Images I’m searching for the best FTSE 100 bargain stocks to buy this month. And International Consolidated Airlines (LSE:IAG) shares have grabbed my attention, the British Airways owner falling 29% in value from February’s record high. After ‘kicking the tyres’, I’ve decided I’ll steer well clear of the travel giant this ISA season. Here are two major reasons why. 1. Economic gloom Airlines are highly cyclical companies. When times get tough, luxuries like trips abroad tend to be among the first things to fall when consumers tighten the pursestrings. Business and cargo travel also tends to weaken…
When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Old Dominion Freight Line, Inc. (NASDAQ:ODFL) which saw its share price drive 174% higher over five years. And in the last week the share price has popped 5.6%. After a strong gain in the past week, it’s worth seeing if longer term returns have been driven by improving…
SYDNEY (Reuters) -Australian retail sales rose modestly for a second straight month in February as a long-awaited cut in interest rates combined with slower inflation to boost consumer sentiment and spending power.However, the recovery in consumer spending is still tepid, suggesting consumers remain cautious and would not be a bar to more policy easing. The Australian dollar was steady at $0.6241 and three-year bond futures were little changed at 96.31.Data out from the Australian Bureau of Statistics (ABS) on Tuesday showed retail sales added 0.2% in February from January, when they gained 0.3%. The outcome was just below market forecasts…
The U.S. has had a shortage of air traffic controllers for years.Air traffic controller staffing “is at an all-time low,” said Nick Daniels, president of the National Air Traffic Controllers Association, their union.In an interview with CNBC, Daniels said the situation has “hit a critical point.”We currently have 10,800 certified professional controllers where we need [to have] 14,633. Any hiccup, a government shutdown or anything that disrupts the pipeline of the air traffic controllers coming in, will absolutely hurt the capacity of the flying public, and how many planes we can put in the air at any given time safely,”…
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty ImagesOpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record.The $40 billion financing values the ChatGPT maker at $300 billion, including the fresh capital. It’s nearly three times the amount previously raised by a private tech company, according to PitchBook.The valuation puts OpenAI behind only SpaceX at $350 billion and even with TikTok parent ByteDance among the world’s most richly valued private…
Hundreds of Canadian workers, primarily in the steel and aluminum industry, are facing layoffs due to tariffs imposed by US President Donald Trump. According to major unions and companies, the situation is expected to worsen if the tariffs remain in place for an extended period. Economists warn that the longer these policies persist, the broader their impact on Canada’s economy and labor market. Concern over immediate layoffs Trump’s steel and aluminum tariffs, implemented on March 12, have already resulted in significant job losses. Marty Warren, National Director of the United Steelworkers, the largest private-sector union in North America, reported that…
Carbon Streaming (OTCQB: OFSTF) reported its financial results for FY2024, revealing significant challenges and restructuring efforts. The company ended the year with $37.4 million in cash and no corporate debt, while implementing major cost-cutting measures by reducing full-time staff from 24 to 4 by January 2025.Key financial metrics include a net loss of $67.4 million for 2024, compared to $35.5 million in 2023, largely due to a $58.2 million loss on revaluation of carbon credit streaming agreements. The company generated $1.6 million in settlements from carbon credit agreements.Notable portfolio developments include: the Rimba Raya Stream facing legal challenges over license…