Author: Lucas

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shell’s profits were boosted by a rebound in gas trading in the third quarter, as the UK oil major was helped by the start-up of its $40bn liquefied natural gas project in Canada. The FTSE 100 group reported $5.4bn of adjusted earnings, ahead of a consensus prediction of $5.1bn that analysts had already marked up after a strong trading statement earlier this month. Shell’s gas business posted a 23 per cent improvement in adjusted earnings to $2.1bn. Its oil business was roughly flat on…

With Microsoft, Meta and Alphabet all planning to spend more than expected on capital expenditures for the foreseeable future, an Evercore analyst sees upbeat signs for power companies.”Just in case the bevy of utility and power-related earnings wasn’t enough over the past few days,” Evercore ISI analyst Nicholas Amicucci said the commentary out of Wednesday’s Big Tech reports add to his belief “that we are still in the very early innings of the AI/data center infrastructure buildout.”That’s “a meaningful positive” for power companies like Bloom Energy, Vistra, and Talen Energy, which are all part of his coverage. Source link

In a petition put to parliament, it wanted a pension lock introduced to help protect savings and incentives. It read: “The Chancellor should introduce a Pension Tax Lock: a commitment not to reduce the amount people can withdraw from their pension tax-free or the amount of tax relief given on pension contributions. We believe this would help ensure retirement savings are protected and people can save with confidence.” After amassing a high number of signatures , 10,000 being the benchmark for a response, the government eventually did. I warned about this three years ago. The right are now talking about…

The Federal Reserve is expected to cut rates by 25 bps, but Gold has already corrected from record highs. FXStreet analyst Dhwani Mehta breaks down why Powell’s press conference and potential voting dissents within the FOMC will shape Gold’s trend, also analyzing where the actual Fibonacci retracement level is and what the Trump-Xi meeting means for your next trade setup. Source link

A cryptocurrency exchange is an internet-based platform where people buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, Solana, or Litecoin. Just as a stock exchange enables the trading of company shares, a cryptocurrency exchange acts as an intermediary for the trade of digital currency securely.Cryptocurrency exchanges are today the hub of the digital economy within the current financial situation, and millions of people worldwide are trading cryptocurrencies.Key Points to Remember:A cryptocurrency exchange acts as a middleman between the buyer and seller.It provides live prices and trade options for a number of hundreds of cryptocurrencies.It makes secure transactions possible through the…

Florida’s home insurance market is imploding — and experts say it’s a sign of what’s coming for the rest of America.Over the past decade, the number of private home insurance policies in the Sunshine State has plunged by a staggering 78 percent — from more than three million to just 700,000. The reason is simple — and one that points to the contagion spreading across the rest of the US: a sharp rise in natural disasters is driving insurers to hike prices or flee altogether. In Florida, with hurricanes wreaking havoc and fears growing over poorly built condos, insurers are running for…

GYEONGJU, North Gyeongsang Province — President Lee Jae Myung and his Canadian counterpart Prime Minister Mark Carney announced a landmark roadmap to deepen bilateral cooperation across security, defense, and emerging strategic domains during a summit held on the sidelines of the APEC meeting in Gyeongju, Thursday. Dubbed the “ROK (Republic of Korea)-Canada Security and Defence Cooperation Partnership,” which is the first of its kind for Canada in the Indo-Pacific, the new framework aims to accelerate the two countries’ joint defense initiatives and strengthen industrial collaboration. The agreement further deepens the already-existing ROK-Canada Comprehensive Strategic Partnership, marking a pivotal milestone in…

CLEARFIELD, Pa., Oct. 29, 2025 (GLOBE NEWSWIRE) — The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the “Corporation”) has announced the declaration of a quarterly cash dividend of $0.4453125 per depositary share (Nasdaq: CCNEP), resulting from the Corporation’s declaration of a quarterly cash dividend of $17.8125 per share on its Series A Preferred Stock. The dividend is payable on December 1, 2025, to holders of record as of November 15, 2025. CNB Financial Corporation is a financial holding company with consolidated assets of approximately $8.3 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank.…

Analysis: Higher property tax bills may be on the way, but there’s isn’t a simple or standard answer to what services are actually funded by the LPT By Gerard Turley and Stephen McNena, University of Galway With residential property owners revaluing their properties on 1 November and submitting their LPT (Local Property Tax) return to Revenue by 7 November, the question that taxpayers continually ask is, what do they get for their LPT? Unfortunately, there isn’t a simple or standard answer. As with many questions in economics, the answer is…it depends. Although collected by our national tax agency, LPT is…

Essential Utilities stock has recently seen its consensus analyst price target lowered from $45.75 to $43.71 per share, following new developments in the company’s outlook. This adjustment comes at a time of heightened market interest after the announced merger with American Water, prompting a more cautious approach among analysts. Stay tuned to discover how to stay informed as this narrative continues to evolve in the coming months. Analyst sentiment on Essential Utilities has shifted following the recent announcement of a merger with American Water. Several research firms have updated their views, highlighting both optimism about the company’s underlying strengths and…