Image source: Getty Images International Consolidated Airlines’ (LSE: IAG) share price has risen 129% from its 5 March 12-month traded low of £1.41. However, just because a stock has risen so much does not have to mean there is no value left in it now. It may be that the fundamental business is simply worth more now than it was before. Or the market might just be playing catch up to the true value of the firm. In fact, in my experience as a former senior investment bank trader, it may be worth even more than the current share price…
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Belfast Harbour is to invest £90m to improve the port’s facilities for cruise ships and the wind energy industry.It is hoped the investment will mean more cruises start and finish in the city rather than just calling for a day.It is part of a wider £300m spending plan by the harbour over the next five years.The harbour is also seeking a change in the law which would allow it to borrow money for investment.Almost 150 cruise ships called in Belfast last year, bringing 260,000 passengers and crew.The harbour hopes that it can convince companies to start and finish cruises in…
Coral reefs provide ecosystem services valued at $9.9 trillion annually.Coral reefs offer an unmatched opportunity for returns—economic, social and ecological.The insurance industry and development banks are moving to invest in their protection — but more can be done.The ocean is key to the functioning of multiple planetary systems and represents an untapped frontier for climate-conscious investments. Yet, when considering climate-resilient infrastructure investments, most investors focus on the obvious: flood defences, renewable energy and drought-resistant agricultural systems. These are all sensible pursuits that offer long-term financial, social and environmental returns. But, beneath the surface of the ocean lies an investable opportunity…
By David Shepardson and Katie Paul WASHINGTON (Reuters) – President Donald Trump signed an executive order on Monday seeking to delay by 75 days the enforcement of a ban of popular short-video app TikTok that was slated to be shuttered on Jan. 19. While signing the order, Trump suggested the United States government should be a half owner of TikTok’s U.S. business in return for keeping the app alive and warned that he could impose tariffs on China if Beijing failed to approve a U.S. deal with TikTok. The executive order capped 48 hours of legal maneuvering and political intrigue…
VILNIUS – Akropolis Group, a prominent real estate development company in the Baltic region, has recently achieved a “Very Good” rating under the BREEAM In-Use international building sustainability standard for all its shopping centers in Lithuania and Latvia. The shopping and entertainment centers located in Vilnius, Klaipėda, and Šiauliai in Lithuania, alongside Akropole Alfa in Riga, Latvia, have been upgraded or maintained their “Very Good” assessments. The Vilnius Akropolis Business Centre also improved from a “Good” to a “Very Good” rating. Additionally, Akropole Riga holds a “Very Good” certificate in the BREEAM New Construction category. Dominykas Mertinas, Head of Marketing…
Investing.com– Gold prices rose in Asian trading on Tuesday as the dollar weakened sharply overnight, while traders tried to assess U.S. President Donald Trump’s policies following his inauguration. rose 0.3% to $2,727.39 per ounce, while expiring in February gained 0.4% to $2,743.57 an ounce by 01:28 ET (06:28 GMT). Bullion rises due to ‘safe-haven’ shine amid uncertainty Gold traders are bracing for increased volatility as Trump begins his second term, with his anticipated policy announcements expected to influence market dynamics. The precious metal, traditionally viewed as a safe-haven asset, has maintained its price above a one-month peak. Market sentiment is…
Latest news on ETFsVisit our ETF Hub to find out more and to explore our in-depth data and comparison toolsThe Saudi Arabian sovereign wealth fund’s investment in a recently launched exchange traded fund underlines the kingdom’s growing interest in using the mass-market fund structure to develop its capital markets.The Saudi Public Investment Fund has stumped up $200mn as a seed investor in State Street Global Advisors’ Europe-listed SPDR JPMorgan Saudi Arabia Aggregate Bond Ucits ETF, which launched in December.The ETF provides exposure to US dollar-denominated Saudi sovereign and quasi-sovereign bonds with an average maturity of about 10 years. It is…
Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday. Source link
By Xinghui Kok SINGAPORE (Reuters) – Economists are split on whether Singapore’s central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S. President Donald Trump introduces in his second term. Reuters polled 12 analysts and six expect the Monetary Authority of Singapore to loosen its currency-based monetary policy at a scheduled review on Friday to reflect an easing in inflation and stronger-than-expected economic growth in 2024. The other six expected no change in the policy settings. The MAS has not changed policy since a tightening in October 2022, which was…
Our audience in Europe can watch a live stream of our Davos coverage above.LONDON — Welcome to CNBC’s live blog covering all the latest news, views and action from the World Economic Forum in Davos, Switzerland.The 55th annual gathering sees heads of state, politicians and business moguls descend on the snowy Alpine resort for four days of debate and discussion on the world’s most pressing challenges and opportunities.The five main these this year are: reimagining growth, industries in the intelligent age, investing in people, safeguarding the planted and rebuilding trust. The gathering, WEF says, demonstrates “the critical need for dialogue…