Author: Lucas

MSFT stock decreased by 37.6% from a peak of $343.11 on 19 November 2021 to $214.25 on 3 November 2022, compared to a peak-to-trough drop of 25.4% for the S&P 500. Since that time, the stock rose to a … Source link

Starting an FX trade in Nigeria can be very enticing but also a little daunting. The market is fast, global, and accessible, which is part of the reason more Nigerians are exploring it as a way to diversify income streams. You, however, won’t go very far in the FX trade if you are relying on luck and acting impulsively. Understanding the FX Market in Nigeria How to start forex trading in Nigeria? Forex involves buying and selling currency pairs. In Nigeria, forex has quickly gained popularity due to the ease of online trading and the desire to hedge against inflation…

Homeworking franchise company Not Just Travel has hosted its top-selling agents on its annual ‘Platinum’ conference onboard a Norwegian Getaway cruise in the Bahamas.   The five-night event also included staff from the agency’s head office members, 20 key trade partners and sponsors.   The event, which ran from November 19-24, featured two days of conference sessions and two days of destination exploration, plus several ship visits and a party in Miami.   The central theme was ‘Strategy’ with sessions led by co-founder Steve Witt and senior members of head office team, who covered topics such as ‘how to scale…

Octopus Legacy has partnered with Shepherds Friendly to launch its new life-insurance proposition aimed at addressing the widespread lack of estate planning in the UK. According to recent data published by the estate planner, more than half of adults (54%) have no life insurance, including 43% of people who have both children and a property. Among those under 35, that figure rises to more than two-thirds (68%). “Partnering with Octopus Legacy to develop its new life-insurance proposition has been a genuinely rewarding experience. “We’re excited to see it brought to life by a team that truly puts people first,” said…

In her recent UK Budget, Rachel Reeves announced a new “mansion tax,” officially named the High Value Council Tax Surcharge, targeting residential properties in England valued at over £2 million. This annual charge will be added to existing council tax bills, starting from April 2028, and is designed to address wealth inequality in the property tax system. A Mansion Tax in Cyprus? The government will consider introducing a Mansion Tax on immovable property worth €3 million or more. Now the broader tax reform package has been completed, it’s expected the draft bill will be discussed in the New Year when…

Strive (ASST), a publicly traded bitcoin BTC$92,396.08 treasury and asset-management company, said it arranged a $500 million at-the-market offering (ATM) for its Variable Rate Series A Perpetual Preferred Stock (SATA) to help fund further purchases of the largest cryptocurrency.SATA pays a 12% dividend with an effective yield near 13%, and the security is intentionally modeled after Strategy’s (MSTR) STRC money market style perpetual preferred equity. SATA currently trades around $91, below its $100 par value. An at-the-market offering allows a company to raise funds quickly by selling new stock near the current market price.Proceeds may be used to acquire bitcoin,…

What is an investment trust?Investment trusts allow you to pool your money with that of other investors to get exposure to a range of assets through a single investment, in the same way as investment funds.They are set up as companies and traded on the London Stock Exchange. When you invest in an investment trust, you become a shareholder in that company.Here we explain how they work, and whether they’re right for you.Please note: the content contained in this article is for information purposes only and does not constitute financial or investment advice.This newsletter delivers free money-related content, along with…

Isabelle Macfarlane, head of London Markets at Insurance Compliance Services, outlines how incoming NFM guidelines may work in practice as we head into the busy Christmas party season.Non-Financial Misconduct (NFM) hit the headlines recently after former Lloyd’s CEO, John Neal, exited his new AIG role before he even started, due to his former employer launching an investigation into an alleged workplace affair.While that investigation found no wrongdoing in relation to the alleged affair, it just highlights how seriously the new management at Lloyd’s is taking the issue and is a wake-up call for the wider insurance industry that bad behaviour…

Silver prices just broke a new record, capping on the strong momentum and performance while continuing to outperform gold – bringing the once-overlooked metal back into the spotlight. Strong industrial demand, heavier investor participation, and price momentum are collectively driving a shift that revives a familiar question: Is silver finally becoming a credible alternative to gold? Gold continues to be the most widely used safe-haven asset in the world, with central banks holding trillions of dollars in reserves. But according to the current trend, silver is catching up faster. Over the past 12 months, silver prices have surged 92%, while…

The majority of India’s biggest refiners are buying Russian oil from non-sanctioned sellers and traders as widening discounts of Russia’s crudes to benchmarks are tempting the price-sensitive Indian importers, sources involved in the purchases told Bloomberg on Wednesday. Before the latest sanctions on Russian oil producers Rosneft and Lukoil, India bought from Russia around one-third of all the crude it imported, as it sought cheaper oil.Amid tense trade negotiations with the United States, India earlier this year was singled out by U.S. President Donald Trump as the main financier of the Kremlin’s oil revenues. At the time, India remained adamant that…