Author: Lucas

Tokio Marine GX and specialist MGA Northcourt (part of the Optio Group) have launched NC Fusion, the Lloyd’s market’s first dedicated insurance facility for nuclear fusion technology. Traditional nuclear insurance was designed for fission and fails to address fusion’s fundamentally different risk profile. This includes no meltdown risk, minimal long-lived radioactive waste, but entirely new technological challenges. Until now, this insurance gap has been a potential bottleneck as fusion companies race toward commercial deployment in the 2030s. NC Fusion is designed to support fusion projects throughout their evolution, from research and development through to commercial deployment. While current fusion projects…

GSK’s fair value estimate has seen a modest increase, rising from $16.63 to $17.36 per share. The discount rate remains largely unchanged. This adjustment reflects shifts in analyst sentiment, driven by GSK’s successful technology deployments and evolving sector-wide developments. Stay tuned to learn how you can keep up with the rapidly changing narrative surrounding GSK’s position in the pharmaceutical landscape. Analyst Price Targets don’t always capture the full story. Head over to our Company Report to find new ways to value GSK. Recent analyst commentary for GSK has reflected both optimism about the company’s strategic execution and key sector developments,…

Indian refiners accounting for more than half of the nation’s imports of Russian crude have paused buying for the coming months, reinforcing expectations purchases for December and January delivery will plunge.Indian processors, the top buyers of seaborne oil from Moscow, have been weighing up their options since US authorities blacklisted two of Russia’s largest producers, Rosneft PJSC and Lukoil PJSC, last week. Now they are preparing for a lengthy hiatus.Top importer Reliance Industries Ltd., which has a long-term supply contract with Rosneft signed only months ago, will no longer take Russian cargoes, according to a person with direct knowledge of…

You have subscribed to our Newsletter. Thank you very much. To ensure that your email address has not been accidentally registered in our mailing list, we have just sent you an email to the address you have registered. This email includes an activation link for your subscription. Please confirm your registration by clicking on that link,  otherwise your email address will not be activated, and you will not receive any further mailings from us. Source link

These days there seems to be a spate of articles in the FT about the turbulence in currency and commodity markets such as Katie Martin’s “The latest gold rush is an outbreak of huge overthinking” (The Long View, October 25). When I made it financially, I bought a brick of silver (50kg) not yet knowing about portfolios and hedges and the like.My “investment” came well packaged, wrapped in corrugated cardboard that was quite beaten up, and covered with stamps and other marks. Since there was tax on receiving it in New York state, I got it delivered to my mother-in-law’s…

O2 price hike criticised by Ofcom – as Martin Lewis says they’ve made ‘mockery’ of rules Ofcom has criticised O2’s decision to increase its mid-contract price hikes from £1.80 to £2.50 next year. The regulator said it was “disappointed” by the announcement, saying it “goes against the spirit” of its rules, which are designed to give customers more certainty and clarity before signing a deal.”Today, we’ve written to the major mobile companies reminding them of their obligations to treat customers fairly,” it added.”We encourage any customer who wants to avoid these price rises to exercise their right to exit without penalty…

Just one week after falling agonisingly short of a Bunnings NPC title in 2025 with Otago, Highlanders midfielder Thomas Umaga-Jensen has announced he will make the move from the deep south to Japan.Umaga-Jensen, who turns 28 in December, will play for Japan side Toyota Industries Shuttles Aichi.The former U20 New Zealand representative played 42 games for the Highlanders since making his debut in 2018, and has made 30 appearances for Otago and 23 for Wellington.The experienced midfielder had an impressive campaign for Otago, who fell just short last weekend against Canterbury at Apollo Project Stadium. Umaga-Jensen scored six tries in…

If you’ve ever wished you could catch a stock’s move before it takes off, veteran trader Thomas Wood’s MQ Momentum Indicator might be what you’ve been missing.  The guru carefully curated the tool to reveal when momentum is quietly shifting, giving you a chance to act while others hesitate.  My question is, how does it actually hold up? In this MQ Momentum Indicator review, I’ll share my honest take on how it performs, what you actually get for your money, and whether it truly helps you trade with more confidence. >> Unlock Thomas Wood’s MQ Momentum Indicator today! What Is…

The consumer champion explains two things happening right now which make it crucial for savers to check their interest rate.Martin Lewis explains two things happening right now which make it crucial for savers to check their interest rate.(Image: ITV)Martin Lewis is urging everyone with a savings account to check the interest rate now to make sure they are maximising the return on their money. The consumer champion and the team at MoneySavingExpert.com (MSE.com) have created a bumper guide to making the most of your savings, no matter how big or small you have tucked away.Writing in this week’s MSE.com newsletter,…

Raheem Sterling sold a stunning property in Westmoreland just months before a deadly hurricane ripped roofs off buildings and felled trees on the south coast of the Caribbean islandRaheem Sterling was raised in Jamaica and previously owned a property on the hurricane-central island(Image: Getty Images)Raheem Sterling sold a lavish property on the south coast of Jamaica just months before a deadly storm wreaked havoc. The Chelsea player was raised in a three-bedroom bungalow in Kingston’s Maverley district, where he lived with eight other relatives.However, he moved to London at the age of five – to start a new life on…