Author: Lucas

Samsung Heavy Industries is one of the ‘Big Three’ shipbuilders in South Korea and one of the world’s largest.MUMBAI: A joint venture (JV) between state-owned Oil and Natural Gas Corporation Ltd (ONGC) and Japan’s Mitsui O.S.K. Lines, Ltd (MOL) has picked South Korea’s Samsung Heavy Industries Co., Ltd to build two very large ethane carriers in a deal worth about $370 million, multiple sources said.Samsung Heavy Industries is one of the “Big Three” shipbuilders in South Korea and one of the world’s largest.The shipbuilding contract will be signed on Tuesday at the ‘India Energy Week’ event being held in Goa,…

A prominent retail unit, which houses a number of retail businesses, has been brought to the rental market by a local estate agent.Situated at 8–11 East Bridge Street, Enniskillen, the modern unit occupies a high-profile position in the town centre.It is home to Harry and George Boutique, which announced late last year that it plans to close its premises in Enniskillen town centre. A definite closure date has yet to be announced.A commercial property is up for let at East Bridge Street, Enniskillen. (Image: Eadie McFarland & Co.)The property benefits from double frontage, including a second elevation onto Wellington Road,…

Semiconductor stocks have been among the biggest winners of the artificial intelligence (AI) revolution so far.Wall Street’s obsession with artificial intelligence (AI) stocks has helped fuel a historic bull market over the last few years. Megacap technology stocks in particular have witnessed pronounced valuation expansion throughout the AI revolution, which has contributed to some frothiness in the major indices. As growth stocks roar higher, it’s becoming more challenging to find a good deal in the market. I’ve found one AI stock that stands out from the pack in this regard, though. Last year, shares of Micron Technology (MU 2.64%) nearly…

Price comparison websites are a popular and useful way to shop for car insurance. But they don’t show every insurer or every policy.Some insurance providers sell cover only if you buy direct, while others offer different levels of cover depending on where you buy. We analysed 66 car insurance policies to discover which options comparison sites leave out and whether that could mean missing out on stronger cover.Which car insurers aren’t on comparison sites?Our analysis of 66 car insurance policies found seven that weren’t available on any comparison site at the time of our research. These include insurers that have traditionally avoided…

Given the US dollar’s recent slump, investors have finally started reaping rewards from international diversification. A big part of that was driven by currency movements: When the dollar is weak, the stronger buying power of other currencies makes gains on non-US assets worth more when translated back into dollars.Keeping currency exposure unhedged doesn’t always work. For instance, the US dollar enjoyed an exceptionally strong run for most of the period from mid-2011 through late 2022. As a result, exposure to nondollar assets was mostly a net negative.On balance, though, keeping international-equity exposure unhedged has two major benefits:It’s more tax-efficient, as…

Gold, Silver Rate Today Highlights: Gold prices continued their blistering run on Monday, pushing decisively past the $5,100 mark as investors and central banks doubled down on safe-haven assets amid rising geopolitical tensions and policy uncertainty in the United States. The rally underscored how precious metals have become a preferred hedge against market volatility triggered by trade risks, currency swings and shifting monetary expectations.Spot gold climbed over 2% to trade near $5,092 an ounce after touching a fresh all-time high above $5,110 earlier in the session. US gold futures for February delivery moved in tandem, reflecting strong global participation in…

The Department of Land Valuation has begun preparations for Bermuda’s new 2026 Valuation List, requiring all property owners across the island to submit updated property details by 28 February 2026. A Government spokesperson said, “Under the Land Valuation and Tax Act 1967, this process ensures rental values are kept accurate and up to date for land tax purposes. “For the first time, revaluation return forms must be submitted electronically through the Government’s official website at www.gov.bm/2026-revaluation. Property owners can complete the forms online and access clear guidance to assist them. For most property owners, the online form offers a faster,…

Nvidia isn’t just a great growth stock — it’s cheap, too.At a forward price-to-earnings (P/E) ratio of around 24 times based on analyst 2026 consensus, and a forward price/earnings-to-growth (PEG) ratio of 0.65 (with positive PEG ratios below 1 considered undervalued), Nvidia (NVDA 0.65%) is one of the top growth stocks trading at a value price. The company’s growth has been extraordinary. It grew its revenue by 62% last quarter to $57 billion, but even more impressive was that this was a nearly tenfold increase from the $5.9 billion in revenue it produced in the third quarter of fiscal 2023.…

Stock image. Goldman Sachs Group Inc.’s head of precious metals trading Benjamin Binet-Laisne is leaving the bank, according to people familiar with the matter. Binet-Laisne’s departure underscores the challenge for banks in retaining bullion-market traders, as a storming precious metals rally leads hedge funds and trading houses to vie for talent. A senior figure in the market, Binet-Laisne has been with the bank for roughly a decade, according to his LinkedIn profile. Goldman is one of the larger banks in precious metals, and recently added Pranav Bhatia from StoneX Group Inc. to its trading desk. Goldman and Binet-Laisne declined to…

Silas Stein | Picture Alliance | Getty ImagesShares of Zoom closed up 11% on Monday after analysts at Baird estimated that the company’s investment in artificial intelligence startup Anthropic could be worth between $2 billion to $4 billion, depending on dilution assumptions. In May 2023, Anthropic announced a partnership with Zoom and revealed that Zoom Ventures had invested in the company. The companies did not disclose the value of the investment, but Zoom reported making $51 million in “strategic investments” that quarter, according to a filing with the U.S. Securities and Exchange Commission. Baird’s analysts estimate that all, or at…