Author: Lucas

Next milestone reached in Heidelberg Materials’ CCS plans at Padeswood cement works Heidelberg Materials UK has reached the next milestone in its plans to build the UK’s first carbon capture facility at a cement works at Padeswood in north Wales. It has signed an engineering, procurement and construction management (EPCM) contract with Mitsubishi Heavy Industries and Worley, following the successful completion of the front-end engineering design (FEED) by the partners. Construction of the carbon capture facility is set to move to the next phase before the end of the year. The facility is set to be operational in 2029, enabling…

Gibraltar has announced its participation in a global coalition of territories committing to the adoption of new measures that will improve international cooperation on tax. The agreement will see Gibraltar adopt a framework which will allow for the automatic exchange of information on land and property owners between authorities and aims to combat tax evasion. The new mechanism is said to increase transparency and support more effective and fair tax administration. Number Six says the Gibraltar’s early adoption of the Multilateral Competent Authority Agreement on Automatic Exchange of Readily Available Information on Immovable Property (IPI MCAA) underscores a continued commitment…

The recent stock split made shares go up … then down. How did it shake out for investors?Auto parts retailer O’Reilly Automotive (ORLY 0.61%) made big headlines this summer when the stock split 15-for-1, but a stock split doesn’t change the value of an investor’s total position. So even though long-term investors in O’Reilly now have 15 times the number of shares, it doesn’t necessarily mean they’ve made money. Here’s how O’Reilly stock has actually performed for investors who bought in prior to the split. Image source: O’Reilly Automotive. 1-year investors: Modest gains Investors who bought shares of O’Reilly a…

The Annual Percentage Yield (APY) is accurate as of 12/2/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable…

India’s gold demand remained strong in 2025 as prices hit record highs multiple times during the year, said Sachin Jain, Managing Director of the World Gold Council India.Jain said this year delivered “over 45 all-time peaks” in prices and strong returns. He believes the gold rally has more room to run into 2026. “The fundamentals… are still going strong,” he said.While jewellery volumes saw some decline, value growth stayed positive. Jain said jewellers are preparing for “the next phase of gold, which is going to be 2026-27.”Also Read | IBJA moves to set rules for digital gold firms as SEBI…

With the shutdown marking LyondellBasell’s complete exit from the refining business, the operator said it is evaluating multiple options to transform the site for future growth in line with its ambition to achieve net-zero Scope 1 and 2 emissions by 2050. Options under consideration include upgrading the site for chemical recycling to process plastic waste, producing renewable cracker feedstocks such as renewable distillates and bio-based feedstocks, and repurposing on-site infrastructure to support growth of circular and low-carbon product innovation.Phillips 66 Co. confirmed in early November 2025 completion of work to permanently end crude processing at its 138,700-b/d dual-sited refinery in…

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced new findings from the Sophos State of Ransomware in Manufacturing and Production 2025 report. The study reveals that manufacturers are stopping more ransomware attacks before data can be encrypted; however, adversaries are increasingly stealing data and using extortion-only tactics to maintain pressure. As a result, more than half of manufacturing organizations impacted by encryption paid the ransom despite progress in defensive measures. The report is based on an independent survey of 332 manufacturing organizations that were hit by ransomware in the last year.The Sophos State of Ransomware…

Parliament on Thursday began debating legislation to screen foreign direct investments in strategic sectors, aligning Cyprus with EU rules designed to safeguard security and public order.  The bill, approved by the Council of Ministers earlier this month, implements Regulation (EU) 2019/452, which establishes a framework for monitoring foreign direct investments (FDIs) into the European Union on grounds of national security or public order.  The draft legistlation gives the state the power to approve, impose conditions, block, or even reverse foreign investments deemed to pose risks. It aims to protect sensitive industries while maintaining an open environment for investors, the Finance…

In today’s Budget, Chancellor Rachel Reeves announced a series of tax changes aimed at landlords and wealthy homeowners.Changes to tax on income from properties will come in from April 2027, while a new high-value council tax surcharge, or ‘mansion tax’, will apply from April 2028.Read on to find out how the changes will affect property owners, and how the new ‘mansion tax’ will work in practice. This newsletter delivers free money-related content, along with other information about Which? Group products and services. Unsubscribe whenever you want. Your data will be processed in accordance with our privacy notice.New ‘mansion tax’ coming in…

Silver Prices Today: Silver futures on the Multi Commodity Exchange (MCX) kept their upward trend on Monday, jumping Rs 4,000. The March 2026 contracts have gained Rs 8,427, or 4.8 per cent, over the past week, even though they fell Rs 1,408, or 0.77 per cent, to Rs 1,82,000 per kg in intraday trading.Last Friday, silver had recorded a historic high of Rs 1,85,234 per kg, gaining Rs 7,096 or 3.98 per cent, following the RBI’s Monetary Policy Committee (MPC) decision to cut the repo rate by 25 basis points to a three-year low of 5.25 per cent, which spurred…