Iron ore and steel traded around a four-month high, as China’s plan for a mega dam in Tibet bolstered the outlook for demand while Beijing’s efforts to rein in overcapacity lifted sentiment.The steel-making ingredient in Singapore climbed to around $104 a ton following a run of four weekly gains, and briefly touched the highest level since February. Futures for reinforcement bar in Shanghai surged to the highest level since March. On the London Metal Exchange, copper advanced. Source link
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Image source: Getty Images I’ve been keeping a close eye on an underperforming UK stock for some months. Thankfully, I didn’t buy it. The stock in question is FTSE 250-listed landscaping and building products supplier Marshalls (LSE: MSHL). It’s had a rotten week, tumbling 22% since issuing a profit warning last Friday (25 July). The Marshalls share price is now down 42% over one year and 66% over five. In March, I said Marshalls looked cheap, but wasn’t ready for recovery just yet. That view has aged well after Marshalls slashed earnings guidance for the rest of 2025, and admitted there’s…
Fundamental Global Inc. Led By Visionary Team Bridging Wall Street, DeFi and Web3 Fundamental Global Inc. to be Renamed FG Nexus Inc. Fundamental Global Co-Founder Joe Moglia to serve as Executive Advisor to the Company Maja Vujinovic, an Early Blockchain Pioneer, to Lead the Digital Asset Business Strategic and financial investors include Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic Charlotte, NC, July 30, 2025 (GLOBE NEWSWIRE) — Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the “Company” or “Fundamental Global”) today announced the pricing and signing of a private placement for the purchase and sale of 40,000,000…
In a major move to reduce dependence on Chinese imports, South Korea’s LG Energy Solution (LGES) has reportedly secured a $4.3 billion deal to supply Tesla with lithium iron phosphate (LFP) batteries for energy storage systems. As the U.S. ramps up tariffs on Chinese goods, the agreement marks a strategic pivot for Tesla, which has heavily relied on China for its battery needs. Reuters disclosed that neither company has confirmed the deal publicly, but a source familiar with the matter said that the LFP batteries will be produced at LGES’s Michigan factory, which recently began production. The contract, among LGES’s…
Image source: Getty Images Who doesn’t love a bargain? Well, despite the UK market being in fairly fine fettle, I can still see a few potential opportunities out there. Let’s look at two value stocks from the FTSE 250. In the gutters Shares in Hollywood Bowl (LSE: BOWL) are down around 15% year to date, massively underperforming the mid-cap index. Quite a lot of this fall came at the end of May and following the release of some pretty underwhelming half-year numbers. Pre-tax profit for the six months to the end of March fell by 9.4% to £28m, for example.…
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Image source: Getty Images When it comes to dividends from blue-chip firms, few can match British American Tobacco (LSE: BATS). Not only has the dividend grown every year this century, but the current yield is a juicy 5.9%. With the FTSE 100 tobacco company releasing its interim results today (31 July), it seems like a good moment to reflect on the prospects for the dividend. Critical to the investment case With a share price up 37% so far this year – and 60% over five years – it might seem as if the dividend is not as central to the…
Image source: Getty Images For most people, five grand per month in passive income would do very nicely. Indeed, that may even be enough to give up work, assuming one isn’t planning regular luxury spa breaks in The Bahamas. Arguably the best way to target dividend income is inside a Stocks and Shares ISA. This account shields any returns from taxes, allowing wealth to build faster. Over the past 10 years, a Stocks and Shares ISA tracking the performance of the FTSE 100 index has easily outperformed a Cash ISA. The average return is around 9% per year and slightly higher…
Ghana is intensifying efforts to position itself as a regional hub for value-added steel manufacturing, supported by investments in domestic iron ore processing and sustainable production methods. The country’s industrial development strategy and expanding trade links are the focus of Oxford Business Group’s latest Global Platform video, produced in collaboration with B5 Plus Group, Ghana’s leading steel manufacturer. The video features insights from Mukesh Thakwani, CEO of B5 Plus Group, who outlines the strategic importance of Ghana’s local iron ore deposits and their role in reducing raw material shortages, improving steel quality and supporting downstream industries. With steel identified as…
Image source: Getty Images Rolls-Royce (LSE: RR) has become a FTSE 100 juggernaut, there’s no other way to describe it now. The shares jumped another 10% today (31 July) after the engine maker hiked its profit guidance yet again. It means the company is now the fifth largest on the London Stock Exchange, with a £92bn market cap. Interestingly, this latest rise means Rolls is outdoing Nvidia stock, with an incredible year-to-date gain of 89% versus 39% for the AI chipmaker. It’s also outperforming over one (+137%) and three years (+1,100%). Nvidia still wins out across five years (+1,600%), but…