Author: Lucas

The National Oil Corporation (NOC) announced Wednesday that the Arabian Gulf Oil Company (AGOCO) has successfully completed the Major Overhaul work of the Crude Oil Distillation Unit at the Sarir Refinery, announcing the resumption of actual operations on Wednesday morning.‎ ‎Crude was pumped to the unit at 10:53 a.m. Wednesday, and the refinery gradually entered the production line after passing a series of rigorous technical tests. The Major Overhaul was completed on January 21 as scheduled, followed by a comprehensive evaluation phase to ensure the readiness of all operational systems.‎ ‎During the implementation period, the technical teams faced emergency technical…

Money saving expert Martin Lewis has urged savers to think carefully before relying on Premium Bonds for tax-free growth, suggesting that traditional savings accounts could offer better returns.Lewis addressed the issue on his BBC podcast after a listener asked for advice on tax-efficient ways to save for her two 10-year-old children. The caller explained she had already maxed out their junior ISAs for the year and had placed £1,500 into Premium Bonds, noting that the funds were safe and winnings are tax-free.Currently, Premium Bonds carry a prize fund rate of 3.6%, with each £1 Bond having a 1 in 22,000…

Yes. We can hold a provisional place for you for up to two weeks, but be aware that completed applications take priority and programmes often fill up several months in advance. You can reserve a place online, by phone or by email.Tel: +44 (0)20 7000 7051 Email: sim@london.edu Source link

The next step is sending that list onto an order processing algorithm that goes out and buys or sells the stocks that have been selected. The code may seem hard to follow, but it’s one of the oldest tricks in the “quant” book. The algorithm employs a general statistical arbitrage strategy based on the tendency of overvalued stocks to go back down and the undervalued ones to go up. In the 1970s, 1980s and early 1990s, it could have made a trader millions. Nowadays, it wouldn’t likely earn much at all – it might even lose money – because the…

American Airlines has the largest frequent flyer program in the world, with millions of members. Within the AAdvantage program, American offers four public tiers of elite status, from the lowest, Gold, to the highest, Executive Platinum. For frequent travelers, Executive Platinum status offers a suite of benefits that can make the travel experience, even in economy, more comfortable. However, earning Executive Platinum status requires tremendous dedication and loyalty to American Airlines, with hundreds of thousands of loyalty points needed to qualify. Here are the exact requirements to achieve Executive Platinum elite status, along with some of the benefits that come…

Gold bounced above $5,000 an ounce on Tuesday as investors rushed back into the metal following one of the sharpest selloffs in decades.Spot gold was trading around $5,072 per troy ounce at 11:10 p.m. ET on Tuesday, extending gains from the previous session, when prices jumped more than 6%.”The recovery in metals coincided with a broader improvement across financial markets,” wrote Ewa Manthey, a commodities strategist at ING, adding that the rebound also came as the US dollar gave back some of its earlier gains from the initial phase of the sell-off.The reversal came after a brutal collapse in gold…

DR Congo approved 96 projects in 2025 with projected investment of $5.13 billion, up 125.7% from 2024. Foreign direct investment accounted for 84.39% of approved amounts, reflecting strong international interest. Approved projects should generate 8,383 direct jobs, according to ANAPI. The National Agency for Investment Promotion approved 96 projects and applications in 2025, with projected investment totaling $5.13 billion. The agency reported a 125.7% increase compared with 2024. The approval council reviewed 190 files during the year, up from 114 in the previous year, according to ANAPI. The approval momentum relied largely on foreign direct…

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). To say that MicroStrategy (MSTR) has been at the lead of creatively raising capital with which to buy massive amounts of bitcoin (BTC) would be an understatement. Led by Executive Chairman Michael Saylor, the company this week opened a new front along those lines with its perpetual preferred stock offering (STRK). Preferred stock sits between equity and debt on the corporate balance sheet, offering investors the regular return of bonds while giving them an ownership stake in a company. Well-followed MicroStrategy analyst Ben Werkman, posted on X about…

Long line at the airport following flight delays – Jim Vondruska/Getty ImagesWhen it isn’t busy helping creeps undress children, so-called artificial intelligence software can also make error-ridden commercials for Coke, generate fake YouTube videos about vehicles that don’t exist, and even screw up incredibly basic math. And if you just thought to yourself, “Wait, all of that sounds bad,” you would be correct. Still, a bunch of politicians and C-suite executives are obsessed with it, so they keep pushing AI on us whether we like it or not. In fact, ProPublica reports the Republican-led Department of Transportation currently plans to start…

Silver has traditionally been a safe-haven asset, but recently, it’s been incredibly volatile.Investing in gold and silver has typically been a way for investors to try to reduce their exposure and risk in the stock market. But while these metals can provide stability in times of uncertainty, they can be speculative in nature, as is evident in their volatility in recent months. Is investing in an exchange-traded fund (ETF) such as the iShares Silver Trust (SLV 15.77%), which tracks the price of silver, a good idea for retirees and other risk-averse investors? Image source: Getty Images. Retail investors have added…