Author: Lucas

US mulls new controls on tech exports to ChinaWashington sanctions Russia’s two biggest oil majorsUS inflation data due on FridayOct 23 (Reuters) – Gold prices rose over 1% on Thursday after two consecutive sessions of losses, as renewed geopolitical risks bolstered safe-haven demand and investors braced for key U.S. inflation data due on Friday.Spot gold was up 1% at $4,132.76 per ounce, as of 01:49 p.m. ET (1748 GMT), after falling to a near two-week low in the previous session. Sign up here.U.S. gold futures for December delivery settled 2% higher at $4,145.60 per ounce.Prices hit a record high of…

What happenedAccording to a filing with the U.S. Securities and Exchange Commission dated October 22, 2025, investment company Chicago Capital, LLC increased its position in Procept BioRobotics (PRCT 1.37%) by 999,873 shares, bringing its total holdings to 1,568,845 shares, valued at $55.99 million at quarter-end.What else to knowChicago Capital disclosed a buy, raising its Procept BioRobotics stake to 1.38% of 13F AUM.Top holdings for Chicago Capital after the filing are:META: $214.48 million (5.3% of AUM)GOOGL: $171.23 million (4.2% of AUM)AMZN: $161.25 million (4.0% of AUM)NVDA: $149.51 million (3.7% of AUM)V: $137.50 million (3.4% of AUM)As of October 21, 2025, shares…

“For Coles, we compared the products with what you’d pay in-store versus via UberEats and DoorDash. For Woolworths, we compared in-store prices to prices through MilkRun and UberEats, and for Aldi, we looked at in-store costs and the price when delivery was made via DoorDash.” CHOICE’s investigation found that individual items were, on average, 11 per cent more expensive when bought through a third-party app — with some mark-ups as high as 42 per cent. When delivery fees and service charges were included, the total cost of an order jumped by up to 39 per cent. “Of the 13 items…

A Samsung Heavy Industries Suezmax-class crude oil carrier (Samsung Heavy Industries) Korean shipbuilder Samsung Heavy Industries announced on Friday that it has secured a 341.1 billion won ($239 million) contract to build crude oil carriers, with construction planned at a Vietnamese shipyard as part of a strategy to expand its global operations.Under the deal, placed by a Liberian shipping company, Samsung will build three vessels. While the company has not disclosed the exact size of the ships, industry analysts suspect, based on the contract value, that they are likely to be medium-to-large Suezmax-class carriers.Samsung said the new order brings the…

The cyberattack that crippled Jaguar Land Rover Automotive Plc caused British car production to plunge 27% last month, piling more pressure on the country’s beleaguered industry.Auto output fell to 51,090 units in September, according to data released Friday by the Society of Motor Manufacturers & Traders. The total decline, including commercial vehicles, was even more drastic at 36%, after Stellantis NV shuttered its Vauxhall van plant in Luton earlier this year. Source link

Introducing a motion at Wiltshire Council’s full council meeting on Tuesday, October 21 councillor Phil Alford (Conservative, Melksham Without North & Shurnhold) said: “Anyone who drove here today would have seen those green and grey cabinets and you will have noticed graffiti on every one of them. “I’ve reported them, but contacting the utilities companies, and getting them to accept responsibility, is very difficult. “They won’t allow anyone else to maintain the cabinets, but they won’t do it themselves. “Parishes councils can’t do it. Residents can’t do it. I want the council to step up and help us out, because…

Watch: “It was time”, says Trump on increase in Russia sanctionsUS President Donald Trump has announced what he called “tremendous” new sanctions against two of Russia’s largest oil companies, in a bid to pressure Moscow into ending its war on Ukraine.The measures target Rosneft and Lukoil – two major oil corporations that help fund the Kremlin’s “war machine”, according to US Treasury Secretary Scott Bessent.They represent the first direct interventions the Trump administration has imposed on Russia over its invasion, and have therefore been viewed as a geopolitically significant moment.Which companies have been targeted by US sanctions?The sanctions, imposed by…

Ahead of Dhanteras and Diwali — festivals that symbolise prosperity, light, and new beginnings — investors once again chose gold that has defined Indian wealth traditions for centuries. But amid the glow of gold coins and ornaments, Ashwini Shami, Executive Vice President and Chief Portfolio Manager at OmniScience Capital, reminded investors of a crucial truth: when it comes to long-term wealth creation, equities quietly outshine gold. “Gold embodies safety and sentiment,” said Shami. “But when we look at data spanning decades, equities have consistently delivered higher and more reliable real returns.” According to OmniScience Capital’s recent study, “Gold’s Glitter vs.…

The second dimension, Financial Stability, was investigated by analyzing the companies’profitability as well as using classic metrics such as the Piotroski F-Score and Altman Z-Score, which refer to a company’s overall financial health and the probability to file for bankruptcy.Industry specific KPIs were utilized to portray financial stability of companies within the banking, insurance and REIT sector.The third dimension, Stock Performance, was evaluated based on multiple KPIs that underline thecompanies’ strengths as a stock investment. The analysis process focused on the average annualgrowth rate, recent returns, a comparison to the overall market and the stocks’ volatility for thepast 5 years.…

Every trader has seen it happen: the spread looks tight on calm days, but it blows up the moment big news hits. The cost of entering the market doubles or triples, and a well-planned strategy is eaten away before it even has the chance to work. It’s frustrating, and it’s why traders have grown wary of the promises around “tight spreads.” Most brokers can deliver under calm conditions. Very few can hold up when markets move fast. That’s where Exness sets itself apart. And one of the world’s largest brokers, Exness sees spreads not as a marketing slogan…