Author: Lucas

Key Takeaways DBS and Goldman Sachs completed the first-ever crypto options trade. The trade involved cash-settled, over-the-counter options for Bitcoin and Ether. Share this article DBS, a Singapore-based bank pioneering institutional crypto trading services, and Goldman Sachs executed the first-ever crypto options trade between two banks. The transaction involved cash-settled over-the-counter options for Bitcoin and Ether.The interbank trade represents increasing confidence among major financial institutions in using crypto derivatives for hedging and risk management. Goldman Sachs has been expanding its crypto derivatives offerings to hedge fund clients amid growing market interest. The development aligns with broader institutional moves as banks…

Thomas said the council retained the freehold of the lands but they had been subject to a long-term lease with the trust.He said the liquidator had not yet responded to the council’s communications but the authority was “committed to doing everything we can as soon as we can”.”From a legal perspective we can’t do anything until we have a call with the liquidator,” he said.”Unfortunately our hands are completely tied until we can have that initial conversation.”He said the land value was “non-existent” and it would not be put up for sale as it was subject to Site of Special…

Mumbai’s Coastal Road is set for a green transformation, with plans to convert 53 hectares (130 acres) of reclaimed land into landscaped public spaces. The Coastal Road Gardens aims to blend infrastructure with ecology, creating vibrant urban spaces with walking and cycling tracks, gardens, plazas, and smart lighting, all designed to promote sustainability and community recreation.The Brihanmumbai Municipal Corporation (BMC) had entrusted the landscaping and development of the stretch from Priyadarshini Park to Worli to Reliance Industries Ltd (RIL) under its Corporate Social Responsibility (CSR) programme. RIL is suppose to maintain the landscaped spaces for 30 years.According to a Hindustan…

Nickel Creek Platinum Corp. (“Nickel Creek” or the “Company”) is pleased to announce a non-brokered private placement of securities of the Company of up to $2.0 million (the “Private Placement”), … Source link

A BBC expert has explained that the HMRC will be taking money direct from people’s bank accounts under certain circumstances. Last month HM Revenue and Customs warned people that it has already started recovering money owed directly from debtors’ bank accounts.BBC Radio 4 Money Box Journalist, Dan Whitworth explained how this was possible on BBC Morning Live and admitted it sounds ‘alarming’. He asked if HMRC are allowed to do this he said: “Yes, but only under very specific circumstances. The power comes from something called Direct Recovery of Debts (DRD). The idea is to help HMRC recover tax debts…

CANADA – 2025/09/06: In this photo illustration, the Broadcom logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesOver the past decade, Broadcom stock (NASDAQ: AVGO) has delivered a significant $51 billion back to its shareholders in the form of dividends and buybacks. This extraordinary cash generation stems from Broadcom’s position as a dominant supplier of mission-critical semiconductor chips and infrastructure software, where the company operates in markets with exceptionally high barriers to entry and generates industry-leading margins that convert revenue into pure cash flow. Broadcom’s cash machine operates…

Hengli Shipbuilding has recently secured firm VLCC contracts from George Prokopiou and John Fredriksen (source: Laskaridis Maritime, Linkedin profile)29 Oct 2025by Georgios GeorgiouGeorge Economou-led TMS Tankers is reportedly in discussions with one of China’s most active shipbuilders this year over a potential series of VLCC newbuildings Market and shipbroking sources have linked the prominent Greek owner to advanced negotiations for up to four VLCCs at Hengli Shipbuilding. George Economou, who oversees one of Greece’s most extensive shipbuilding programmes – spanning tankers, bulk carriers, container vessels and gas carriers – has not placed any new tanker orders so far this year. Earlier…

Top chef on spag bol hack, the Burger King item you can’t beat, and two things customers should stop doing Every month, the Money blog interviews top chefs from around the UK, hearing about their cheap food hacks, views on the industry and more. Today we speak to Sian Almond, senior chef de partie – and former breakfast supremo – at the Michelin-starred restaurant Pavyllon London.My favourite budget recipe is… a spag bol, absolutely looooooaded with veg, is a total winner – aim for a 2:1 veg-to-meat ratio. Veg is cheap, and you probably already have all the spices and sauces on…

West One Loans is a Business Reporter clientThe UKs emerging ‘second cities’ may outperform major hubs in rental yields.Investors may continue to favour the nation’s key cities such as London, Birmingham and Manchester. But a new wave of “second cities” is delivering the strongest growth in rental yields, according to new research by West One Loans.These emerging markets are offering investors the chance to achieve attractive returns, driven by rising rents and comparatively lower entry costs compared with the traditional major hubs.West One Loans analysed both rental market data and house prices across the UK’s 63 largest cities and towns, combining…

MUMBAI, Oct 29 (Reuters) – Silver premiums in India have fallen sharply as demand eased following the last two weeks’ festive rush, prompting potential buyers to delay purchases, bullion dealers told Reuters.Earlier this month, premiums in the world’s largest consumer of silver climbed as high as 10% over official domestic prices amid strong demand, forcing some physically-backed exchange-traded funds to temporarily suspend new subscriptions. Sign up here.”The rush to buy silver is over. Demand has slowed, and premiums have returned to normal levels,” said Chirag Thakkar, chief executive of Amrapali Group Gujarat, a leading silver importer.BUYERS TURN WARYSilver premiums over…