Image source: Getty Images The Diageo (LSE: DGE) share price has experienced a dramatic collapse over the last three years, falling more than 40%. I’ve experienced this nasty decline first hand as I own the FTSE 100 stock in my Stocks and Shares ISA. Can shares in the Johnnie Walker and Guinness owner recover in the years ahead? Or is this stock now dead money? Let’s discuss. Why’s the share price fallen? First, let’s recap why the shares have tanked. There are a few reasons including: A slowdown in its major markets after the pandemic (when people spent a lot…
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By Carol Glatz, Catholic News Service VATICAN CITY (CNS) — The best investments to make are the ones that benefit other people, Pope Francis said. “When we put wealth at the service of the dignity of people, we cannot but profit, always. Indeed, promoting the common good improves the bonds of the society in which we participate,” he said during an audience at the Vatican Jan. 18, with a Catholic foundation funding different projects in Verona, Italy. The investments that give the highest monetary returns, he said, “are weapons factories: investing to kill. They are crazy! This is not for…
HONG KONG, Jan. 22, 2025 (GLOBE NEWSWIRE) — Change of Auditor On January 22, 2025, Santech Holdings Limited (the Company) announced that its Audit Committee has approved the appointment of Audit Alliance LLP (Audit Alliance) as the Company’s independent registered public accounting firm. The Audit Committee has dismissed Marcum Asia CPAs LLP (MarcumAsia) as its independent registered public accounting firm, effective from November 15, 2024. The Company’s decision to change auditor was due to significant changes in the Company’s business focuses and scale recently as previously disclosed, and not as a result of any disagreement between the Company and MarcumAsia…
Image source: Getty Images There’s no hiding the fact that many UK companies bring in the majority of their revenue from the US. Most however, aren’t those on the FTSE 250. It’s the more internationally-focused FTSE 100 companies that typically have headquarters around the world. Still, there are a few outliers on the secondary index — and when it comes to growth, their smaller market-caps work in their favour. Of course, it’s too soon to assess where the US economy will go under Trump. But if it booms, I think investors should consider these two stocks for their growth potential. 4imprint…
WUHAN, China, Jan. 22, 2025 /PRNewswire/ — NIP Group (NASDAQ: NIPG) (“NIP Group” or the “company”), a leading digital entertainment group, has officially joined the “Moss Flower Convention”, further strengthening its commitment to inclusivity. The “Moss Flower Convention” is a public welfare initiative launched by Xinhua News Agency alongside other global initiatives to champion equal participation and social integration for people with disabilities. By joining this convention, NIP Group reinforces its commitment to creating an inclusive society while fulfilling its corporate social responsibility. As a global leader in digital entertainment, the company is dedicated to fostering not only fair competition…
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. Source link
US President Donald Trump announced billions of dollars in AI investments, collaborating with major tech companies, which led to a surge in their share prices. However, energy prices continued to decline due to concerns about increasing US production. ADVERTISEMENTPresident Trump has teamed up with tech giants to accelerate the United States’ advancements in artificial intelligence, aiming to enhance its leading position in the global technology race, particularly against China. On Tuesday, US President Donald Trump announced a joint venture, named Stargate, with OpenAI, Oracle and Softbank to invest billions of dollars in artificial intelligence infrastructure in the country. The Stargate projectThe…
Image source: Getty Images GSK’s (LSE: GSK) share price has traded in an unusually wide range for it over the past year. It recorded a 12-month high of £18.19 on 15 May. And since then hit a one-year low of £13.05 on 18 November. Currently, it is much nearer that low than the high, at just £13.58. This scale of the loss – 25% at present – flags the possibility to me of a bargain buying opportunity. New shares at such a low price could add value to my existing holding in GSK. But I need to check that there…
Our European audience can watch CNBC’s live Davos coverage above.LONDON — Welcome back to CNBC’s live blog covering all the latest news, views and action on day three of the World Economic Forum in Davos, Switzerland.European Central Bank President Christine Lagarde told CNBC’s Karen Tso at the event on Wednesday that Europe must “be prepared” to deal with U.S. tariffs under newly inaugurated President Donald Trump.”What we need to do here in Europe is to be prepared, and anticipate what will happen in order to respond,” she said.The ECB chief added the fact that Trump had not imposed blanket tariffs…
SYDNEY – Mosman Oil and Gas Limited (AIM: MSMN), an exploration company specializing in helium, hydrogen, and hydrocarbon, has entered into an agreement to sell its EP(A) 155 exploration rights to Westmarket Pty Ltd, a subsidiary of Georgina Energy PLC (LSE: GEX). The deal, valued at AU$350,000, includes an initial payment of AU$50,000 and the balance upon the grant of a license by the Northern Territory Government, along with a 2.5% royalty. The transaction is part of Mosman’s strategy to concentrate on its United States portfolio, following the proposed sale of another asset, EP-145. The proceeds from the sale of…