Author: Lucas

A property agent has expanded its portfolio with a business hub deal. DBSUK has bought a Chesterfield industrial site. Bosses say the 12-unit base – rebranded Cobnar Wood Business Park – marks a “key addition to its growing national portfolio”. The site, spread across 1.13 hectares, features workshops around 1600sq ft and larger spaces extending up to 5900sq ft. Mark Darlaston, director at Birmingham-based DBSUK, said: “Cobnar Wood Business Park represents another important step in our strategy to strengthen our industrial property holdings in key regional markets.  “Chesterfield is a thriving and strategically located industrial hub, and this site provides…

Beijing has not achieved all of its “Made in China 2025” (MIC2025) goals – particularly in aviation and integrated circuits – but has still made “significant gains” and cemented its status as a global manufacturing powerhouse, according to a new US government report.The assessment, released by the US-China Economic and Security Review Commission, evaluated China’s progress on the 10-year strategy, which was launched in 2015 to achieve self-reliance, innovation and technological prowess across strategic industries.The congressional commission found that China missed its targets in sectors dominated by a small number of powerful global incumbents, where entry barriers – such as…

As the Public Investment Fund (PIF) expands its investments in the United States beyond $170 billion, a defining feature of the deepening strategic partnership between Riyadh and Washington is coming into sharper focus. With Washington preparing to welcome Crown Prince Mohammed bin Salman on November 18, attention is turning to the pivotal role played by PIF – now one of the world’s most influential sovereign funds and a core driver of Saudi Arabia’s economic transformation under Vision 2030. PIF, which expects its assets under management to reach $1 trillion by the end of this year, aims to generate sustainable returns…

Michelle Scrogham, Labour MP for Barrow and Furness, joined the convoy of police vehicles for the dawn raids in and around the town last week.”It takes a huge amount of work, effort and money to actually bring these teams together,” she said.”It’s good to see that work in action today taking drug dealers off our streets.”Raids were also carried out in areas including Penrith, Kendal, Workington and Carlisle.Det Insp Dave Howard, of Cumbria Police, encouraged communities to come forward with information about suspected drug dealing operations.”It does happen in Cumbria, we have a strong intelligence footprint from the community to…

According to the FIR, Mustafa Mukandar was first contacted by a man who introduced himself as Ramalo Jodara. He encouraged Mukandar to sign up on ICON Forex and begin trading through the platform. The … Source link

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.Two of the most popular premium travel rewards cards are the new Citi Strata Elite℠ Card and American Express Platinum Card® — not new, but recently overhauled. Both cards charge eye-watering annual fees, but they’ve got substance to back them up.Here’s how to quickly decide whether you should open the Amex Platinum Card or the Citi Strata Elite (or both).On the American Express site On the American Express site SpotlightThe Amex Platinum Card provides access to Amex Centurion Lounges, Delta Sky Clubs® , Lufthansa Lounges, Escape Lounges and more. (Enrollment required)You…

The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models. This distinction between true value and value traps can challenge even the most skilled investors. Luckily for you, we started StockStory to help you uncover exceptional companies. Keeping that in mind, here is one value stock with strong fundamentals and two climbing an uphill battle. Forward P/E Ratio: 9.1x Based in the US, Penguin Solutions (NASDAQ:PENG) is a diversified…

Anduril has revealed plans to create a new class of autonomous surface vessels (ASVs) through a partnership with HD Hyundai Heavy Industries, with the first prototype to be fabricated in South Korea before building further ships in the US. The companies also plan to develop a version to meet the requirements of the US Navy’s (USN) Modular Surface Attack Surface Craft (MASC) programme, which is part of the USN’s ambitions to create a hybrid fleet and enhance its maritime defence capabilities. The ASV to be built by Anduril and HD Hyundai will offer an open-architecture design to support interchangeable payloads.…

In Donald Trump’s first term as president, he would occasionally make comments about groceries that suggested he hadn’t been in a supermarket in a long while. In 2018, for example, the Republican insisted that consumers had to show ID to purchase breakfast cereals. He later added that it was also necessary to present identification to buy bread. Shortly before returning to the White House, Trump revisited this theme during an appearance at the New York Stock Exchange, referencing a woman who wanted to buy three apples, but as a result of inflation, “she walked one of the apples back to…

US administration sanctions Russian oil majorsThe US administration’s 22 October 2025 decision to add Rosneft, Lukoil, and their subsidiaries to the Department of the Treasury’s Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List prohibits US entities from doing business with these Russian oil companies. More importantly, it sends a clear signal to Rosneft and Lukoil’s global counterparts that the risk of secondary sanctions is more plausible than before. These entities include refineries, insurance and logistics companies, traders, and financial institutions that are purchasing Russian oil.A view of the oil terminal in Saint Petersburg on 26 September 2025,…