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Author: Lucas
Green Party leader Zack Polanski was savaged for living in “La la land” after suggesting the government should be able to borrow as much as it wants to pay for welfare. He also said scrapping the two-child benefit cap in the Budget would be a “victory” but urged Chancellor Rachel Reeves to go further and “tax the rich”.He told the BBC’s Sunday With Laura Kuenssberg programme: “It’s absolutely outrageous it has taken the Labour Government so long to do it, but if they do do it, that’ll be a victory and I’ll celebrate it.“More widely though, we know that this…
US solar tracker maker GameChange to set up manufacturing plant in India, eyes doubling revenues
MUMBAI : GameChange Solar, a global solar tracker manufacturer, is looking to double its revenues from India over the next few years as strong order flow from Indian corporates boosts its pipeline, Andrew Worden, chief executive and founder of the US-based company, said in an interview with Mint. The company, which has installed 7GW of capacity in India, works with large corporate clients and operates one manufacturing facility in the country. It is now setting up a second plant that will take its domestic capacity to 13GW, Worden said. Though Worden did not disclose the financial details of the new…
UNITED Utilities Group PLC has said that profit multiplied in the half-year to September, supported by strong sales growth.The Warrington-based water company has recorded that pre-tax profit more than doubled to £325.3million in the six months ending in September, from £140.6million the year prior.Operating profit increased by 68 per cent at the Lingley Green-headquartered firm to £561.5million from £333.4million.This was driven by higher allowed revenue and a higher allocation of infrastructure renewals expenditure to capital expenditure, offset by inflationary pressure on operating costs.Revenue increased by 21 per cent to £1.31billion from £1.08billion, outstripping 17 per cent growth in operating expenses…
When you think of employer-sponsored savings accounts, your mind may go right to 401(k)s. But there’s more than just those. An Emergency Savings Account (ESA) is an employer-sponsored workplace plan that helps you build an emergency fund of savings.In fact, employees with ESAs are 50% less likely to draw money from their retirement funds, compared to those without an ESA, according to findings from SecureSave. Read on to learn more about ESAs and how they work.How does an ESA work?If you choose to enroll in an ESA, money is automatically deducted from your paycheck — similar to a 401(k). But…
Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering modestly but still down nearly 1.50% on the day, and remains on track for a weekly decline. From a technical perspective, Silver is flashing early signs of fatigue after forming a double-top pattern on the daily chart, with peaks around the $54.50-$55.00 region. The pattern is beginning to exert mild bearish pressure, although the neckline remains intact, keeping sellers cautious for now.Despite the pullback, the broader uptrend structure remains…
During the first ten months of 2025, foreign investors withdrew more than 130 billion pesos (US $7 billion) in bonds backed by the Mexican government, marking one of the largest outflows of foreign capital from government instruments in recent years. According to data from the Bank of Mexico (Banxico), at the end of 2024, some 1.8 trillion pesos (US $99.5 billion) in Mexican government bonds were held by foreign investors. In contrast, by the end of October of this year, the amount declined to 1.7 trillion pesos (US $92.4 billion) after investors sold off government bonds worth 43.6 billion…
ST. PAUL, Minn., Aug. 13, 2025 /PRNewswire/ — Solventum Corporation (NYSE: SOLV) (the “Company” or “Solventum”) today announced the pricing of the previously announced secondary offering (the “Offering”) of 8,800,000 shares of its common stock, which is expected to result in gross proceeds of approximately $648 million to 3M Company (the “Selling Shareholder”). All of the shares of common stock are being sold by the Selling Shareholder, and Solventum will not receive any of the proceeds from the Offering. The Offering is expected to close on or about Aug. 15, 2025, subject to customary closing conditions. Solventum Logo (PRNewsfoto/3M Healthcare US Opco…
The 2026 World Darts Championship will come complete with a bumper £5million prize pot, but Gerwyn Price wants more. That’s after the Welsh whiz took to social media and campaigned for this year’s finalists to receive jewel-encrusted rings to commemorate the occasion.The PDC has doubled this year’s prize purse compared to last year’s competition. That means players will share a £5m purse, with £1m of that going to the champion and £400,000 to the runner-up. Even bagging a place in the tournament is worth £15,000 alone, while quarter-finalists will receive at least £100,000, double the amount on offer last year.…
Remember when forex trading involved calling your broker on a landline and waiting many hours for the execution of trades? Yeah, those days are long gone. Today’s forex market doesn’t look anything like it did even a decade ago-and fintech innovations are the main reason why. That’s a pretty wild transformation, if you think about it. What was once an exclusive club for banks and institutional investors is today accessible to anyone with a smartphone and an internet connection.Mobile Trading Platforms Are Changing the GameLet’s start with the obvious one, which is that mobile trading has utterly changed the way…
(Bloomberg) — Gold slipped as traders were doubtful that the Federal Reserve will need to deliver an interest-rate cut next month following a mixed US jobs report. US job growth topped expectations in September but the unemployment rate continued its march higher, underscoring the lingering fragility of the labor market. It will be the last jobs report the Fed sees before its Dec. 9-10 meeting, and officials are divided over whether the slowdown in the labor market justifies another rate cut then. Most Read from Bloomberg Given that the data showed job growth topping expectations, “there is no reason to…