Author: Lucas

A roaring rally in metals has cooled somewhat on Friday, with gold seeing a modest pullback after notching yet another record high, while silver and platinum see steeper declines.December gold futures were off by 0.8% on the day in recent trading, at $4,273 an ounce. Platinum futures for January delivery were down 7.7% at $1,550.00, on track for the worst session for the most-active contract since April 4, according to Dow Jones Market Data.Silver futures for December were down 4.8% at $50.72 an ounce, also on track for the worst session since April 4.Prices of all three metals have risen…

Shawbrook Bank has launched a new easy access savings account paying an interest rate of 4.31% AER.Savers can open an account with as little as £1, and there are no restrictions on withdrawals. Sally Conway, savings expert at Shawbrook, said: “With household budgets under pressure, people want savings products that work harder without locking them in. Our Easy Access Bonus Savings Account offers a competitive rate, paired with the flexibility to deposit or withdraw whenever needed. By lowering the entry point to £1, we’re opening the door to savers who want to start small but still earn a meaningful return.”The…

The Pfizer logo is seen outside the company’s headquarters on August 8, 2025 in New York City. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)AFP via Getty ImagesPfizer stock (NYSE: PFE) is currently in a significant slump, marking its ninth consecutive day of decline and losing a total of −11% of its value over that period. This sustained sell-off has wiped out approximately $18 billion in market capitalization, leaving its current value at around $138 billion.The stock remains 3.8% lower than its closing price in 2024, sharply contrasting with the 12.7% year-to-date return posted by…

Kawasaki Heavy Industries is in talks to co-develop new engines for Germany’s Taurus cruise missiles, two sources familiar with the matter said, another potentially significant step in Tokyo’s retreat from decades of pacifism.The Japanese contractor signed a memorandum of understanding on the project on the sidelines of a defense show in Tokyo in May, said the sources, speaking on condition of anonymity due to the sensitivity of the issue.Kawasaki declined to comment. A spokesperson for European defense company MBDA, which builds the weapon, said it was not able to provide any comment on the matter at this time. Source link

Alex MacCormick’s two-bedroom flat in a leafy enclave of East Dulwich in London has been a much-loved first home for her young family and three rescue pets. But it was time for the next chapter — to sell up and move to Winchester. In June, her agent persuaded her to list the property for £625,000. Three months later, with just a handful of viewings and no offers, she switched agents and dropped the price by £50,000. She’s anxious that the long period on the market — and the price cut — has made the home less appealing to buyers. “I…

Cricket West Indies’ financial struggle highlights a wider Caribbean dilemma: cultural industries only provide a major local economic boost when they successfully function as tourist attractions. In a media event on October 1 at Cricket West Indies’ headquarters in Antigua the top executives explained the financial challenge facing the company. In order to retain full membership of the International Cricket Council the West Indies are obliged to host Sri Lanka, New Zealand, and Pakistan in the coming year, tours on which they are certain to make heavy losses. This comes after the current year when losses were incurred in hosting…

Holiday travel can be chaotic. Airports are packed, hotels are pricey, and even the most seasoned travelers can feel frazzled by long lines and flight delays.But the American Express Platinum Card® can take the sting out of that stress.Here are three awesome benefits for smoother (and saner) holiday trips. 1. Skip the airport lines with PreCheck, CLEAR, and Global EntryNothing kills holiday spirit faster than waiting in a 90-minute security line with restless kids and a backpack full of gifts. Holding an American Express Platinum Card® is like knowing the bouncer at a club. Except that club is airport security.…

David Materazzi is the CEO of Galileo FX.Independent investors often use the terms “algorithmic trading” and “AI trading” interchangeably, but the two are actually completely different. One isn’t better than the other—in the same way that an SUV isn’t objectively superior to a sports car. The type of vehicle you need depends on your lifestyle. And how you choose to implement algorithmic or AI trading tools depends on your individual investing goals. Algorithmic trading is not a new concept. Financial institutions have been using algorithms for decades to make decisions more efficiently—and, more recently, retail traders have had more opportunities…

A new report by GFI Europe has found that investments in Spanish alternative protein companies reached €64.7 million last year, a 547% increase compared to 2023. Furthermore, 41.8% of Spain’s agrifood tech startups are now working in the alternative protein space. Between 2020 and 2024, the country had Europe’s fifth-highest number of researchers in the field, and the sixth-largest number of publications. Last year, plant-based retail sales in Spain reached €491 million, with a 9.7% increase in sales volume compared to the previous year. One in five households purchased plant-based meat at least once. The report identifies Catalonia as a…

Borrowers left disappointed as mortgage rates rise for first time in eight months Every Friday, we take an overview of the mortgage market with industry experts and round up the best rates with Moneyfactscompare.co.uk. Mortgage rates ticked up for the first time in eight months this week. Average rates on two- and five-year fixed plans rose by 0.02%, to 4.98% and 5.02% respectively.The last month-on-month rate rise was recorded at the start of February 2025.Product choice overall fell month-on-month, to 6,998 options.But those hoping to buy with a 5% or 10% deposit had the highest number of deals to choose from in 17…