Author: Lucas

U.S. President Donald Trump hit Russia’s two biggest oil companies with sanctions in his latest policy shift on Moscow’s war in Ukraine, prompting global oil prices to rise by 3% on Thursday (October 23, 2025). Mr. Trump also reiterated his claim that India has agreed to “stop” buying oil from Russia and would bring its oil purchases down to “almost nothing” by the end of the year, and said he would persuade China to do the same. India and China are the two biggest buyers of Russian oil.Indian refiners — including Reliance, the top Indian buyer of Russian crude —…

Image source: Getty Images Shares in FTSE 250 (^FTMC) defence firm QinetiQ (QQ.L) are down 19% from their 6 June 12-month traded high of £5.78. I think much of this reflects ongoing market uncertainty arising from the firm’s 17 March trading update. This highlighted delays in short-term contracts in its UK Intelligence sector and its Global Solutions business (primarily in the US). At that point, QinetiQ revised its full fiscal year 2025/26 organic revenue growth forecast down to 2%, with an underlying margin of around 10%. These figures also included the effect of £25m–£30m in one-off charges. Before this, it…

There’s no single ‘best’ strategy for algorithmic trading, as effectiveness depends on various factors, including market conditions, your trading goals and risk tolerance, and the available resources. Different strategies could work in different scenarios. The most suitable approach would depend on your specific circumstances, including your technical capabilities, understanding of the markets and available capital. Consider combining multiple strategies or adapting your approach based on current conditions. Whatever your preferred technique, be sure to test it thoroughly before attempting it with real capital. Source link

China is packing technical innovations into their cars – from self-driving software to massage units and facial recognition. The quality of China’s manufacturing industry has given cause for concern to Western manufacturers, who are realising that they are being left in the dust when it comes to using automation and robotics. Matt Oliver, the Industry Editor for The Telegraph, joins Jim to discuss just how China has side-stepped its cheap “Made in China” reputation to become a global manufacturing powerhouse. Source link

By James Mclelland, Global Industry Marketing Director, Utilities and Energy, SAP The utilities industry is in the midst of rapid change. The surge in demand for advanced technology, smart cities, and electric mobility is converging with the growing demand for renewable energy sources and sustainability. The utilities industry shoulders much of the responsibility of this immense transition, and the actions they take now will have a profound impact on society for generations to come.Whether companies are responsible for electricity, gas, water, or waste utilities, they must strive to develop intelligent solutions and energy efficiency in their own operations, while also…

Samsung Heavy Industries has nearly doubled its third-quarter net profit.The South Korean shipbuilder attributed the surge to orders for high-value ship types and offshore projects.Operating profit soared 98.6% year on year to KRW 238.1bn ($166m), while revenue climbed 13.4% to KRW 2.63trn.Net profit for the three months to the end of September rose 96.5% to KRW 140.3bn.According to a survey by Yonhap News Agency’s financial news and information arm, Yonhap Infomax, SHI’s operating profit exceeded the average estimate by 10.2%.Deliveries of high-value vessels are expected to increase in the fourth quarter, which will further boost earnings, the company said.For the…

For 2025, one Ethereum averaged AU$4,630.075, with a minimum of AU$2,409.759 and a maximum of AU$7,366.481, illustrating the broader volatility range Australians must understand when incorporating digital assets into financial planning. These fluctuations create both opportunities and risks absent from traditional currency holdings, requiring different risk management approaches and portfolio allocation strategies. Source link

Amidst arguably the biggest scandal the NBA has faced this decade, fans are calling on commissioner Adam Silver to resign after a gambling ring had been linked to prominent league figures.FBI Director Kash Patel announced two separate cases involving ‘a wide sweeping criminal enterprise’ taking place in 11 states.Among those tied to this criminal activity are Miami Heat guard Terry Rozier and Portland Trail Blazers head coach Chauncey Billups.In one case, 31 defendants were named in a series of allegedly rigged poker games. The other case claims that NBA figures used insider information to manipulate the sports betting market.Defendants in…

By REBEKAH ABSALOM, SENIOR FEATURES WRITER Published: 07:06, 22 October 2025 | Updated: 07:06, 22 October 2025 Daily Mail journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission – learn moreWhen Carrie Johnson took to Instagram to showcase her latest find from M&S, it was hard not to draw comparisons with the Princess of Wales.The wife of former Prime Minister Boris Johnson was full of praise for a khaki car coat from the high street favourite – a minimalist, longline design that wraps its…

Insurance providers use their expertise in risk assessment to help protect assets while offering consumers peace of mind through comprehensive coverage options. Still, investors are uneasy as insurers face challenges from catastrophic events and potential regulatory changes. These doubts have certainly contributed to insurance stocks’ recent underperformance – over the past six months, the industry’s 6.1% gain has fallen behind the S&P 500’s 29.3% rise. Despite the lackluster result, a few diamonds in the rough can produce earnings growth no matter what, and we started StockStory to help you find them. Taking that into account, here is one insurance stock…