Author: Lucas

Fruit and vegetable offerings in British supermarkets may soon take a hit, a thinktank has warned.Spain and Morocco, key suppliers for UK shops, have been impacted by heavy flooding in recent weeks.A succession of storms has brought heavy rain and destroyed large amounts of crops in both countries.This leaves several types of fruits and vegetables at risk of shortages.Spain and Morocco jointly account for 57.9% of all UK tomato imports, according to an analysis by the Energy and Climate Intelligence Unit (ECIU) thinktank.The vast majority of imported cucumbers (65.2%) and sweet peppers (71.4%) are also from Spain, and over a…

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Crypto stocks have slumped in the past few months as Bitcoin and most altcoins have entered a bear market. HOOD and COIN stocks have dropped by double digits from their 2025 highs, a trend that may continue now that a senior crypto analyst has warned that Bitcoin may drop to $10,000. Crypto stocks at Risk as Top Analyst Warns Bitcoin Price May Crash to $10,000 Top crypto analysts are turning bearish on the Bitcoin price this year. In a recent statement, Mike McGlone, a top Bloomberg analyst, warned that the coin may drop to $10,000 in the coming months. He…

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South Korean forex traders seeking optimal trading conditions face unique regulatory challenges that require careful broker selection. The country’s strict financial oversight, managed by the Financial Services Commission (FSC) and Financial Supervisory Service (FSS), creates a limited onshore trading environment that pushes most traders toward offshore brokers. Understanding the regulatory landscape and available options is crucial for South Korean traders who want to participate in global currency markets while maintaining compliance with local laws. This comprehensive guide examines the top forex brokers serving South Korean clients and provides essential information about trading requirements, regulations, and best practices. Forex Trading in South Korea Forex…

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Friday 11 November 2022 12:23 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email The introduction of ISO 20022 in March 2023 will be a huge upgrade for the way banks will be able to exchange information about payments. ISO 20022 will allow much more structured data to be shared – upgrading SWIFTs 40-year-old messaging system and potentially giving fiat currencies the ability to compete with CBDC and other digital currencies. Alternatively, will ISO 20022 enable cryptocurrencies, fintech companies and potentially TradFi firms to create their own…

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India has long been one of the world’s great garment houses, turning out everything from cheap T-shirts to intricate embroidery. Last year, textile and garment exports to the US alone fetched £21bn, riding a wave of strong consumer demand.Now the trade is in jeopardy. With the stroke of a pen, the US president, Donald Trump, last week slapped a 50% tariff on more than half of India’s £65bn worth of merchandise exports to the country’s largest market. A supply chain once prized for being cheap suddenly became among the priciest.The scale of the hit is sobering. Christopher Wood, the global…

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More extremely dry weather and high temperatures are expected later this weekA person holds a garden hose in Leeds as households in Yorkshire have become the first to be hit with a hosepipe ban.(Image: Danny Lawson/PA Wire)United Utilities has given an update on whether Greater Manchester could be hit with a hosepipe ban as another heatwave beckons.Yorkshire Water became the first major utility to declare a hosepipe ban on Tuesday, placing restrictions on activities such as watering the garden, cleaning cars and filling paddling pools across the region.The ban will come into place on Friday and anyone found in breach…

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UiPath looks like a better buy than market leader Palantir Technologies.When it comes to artificial intelligence (AI) orchestration, Palantir Technologies (PLTR +1.71%) has become the clear market leader. The company experienced tremendous growth as its AI platform became one of the best tools to unlock the potential of AI models to solve real-world problems in mission-critical settings. Today’s Change(1.71%) $2.21Current Price$131.34Key Data PointsMarket Cap$313BDay’s Range$126.23 – $133.5452wk Range$66.12 – $207.52Volume2.2MAvg Vol45MGross Margin82.37% With its platform essentially acting as an AI operating system that can gather data and connect it to real-world assets, Palantir is now the main orchestration platform for…

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While India has diversified its energy basket and started sourcing more oil and gas from the US, it is also diversifying its import basket for precious metals from the UAE so that it can purchase more gold and silver from the US market instead, a senior official said.This will help to bring down prices and also the trade surplus with the US. The United States is a major global hub for trading these precious metals. It exports significant amounts of gold (including waste/scrap) and silver, with recent data highlighting billions of dollars in trade, particularly to markets like Canada, India,…

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