Author: Lucas

  The additional LPG produced by the refiners should be made available to the three state-run oil marketing companies (OMCs), namely Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), said a government order dated March 5.   This additional LPG procured by the state-run OMCs could only be utilised for consumers of domestic cooking gas, the order said. Meanwhile, all oil refining companies have been instructed to not divert, utilise or process propane or butane for manufacture of petrochemical products or other such downstream derivatives. LPG is produced using propane…

Read More

This week’s element is lovely osmium, which has the symbol Os and the atomic number 76.Osmium is the rarest stable element in the Earth’s crust. It is a lustrous, blue-gray or blue-black transition metal in the platinum family. It is very hard and brittle, and has a very high melting point (the fourth highest of all the elements), making it difficult to work with. Osmium is the densest naturally occurring element (22.59 g/cm3 — slightly greater than iridium and twice that of lead). It is typically found in the wild either in its pure state or as an alloy, mostly…

Read More

Investors in government bonds could do well out of a recession, investment analysts have claimed.Last week, official figures showed that the UK’s economy had shrunk by a larger-than-expected 0.3 per cent between October and December.As it had already shrunk between July and September, it means that the UK technically fell into a recession at the end of last year.Some economists have predicted that the US is also likely to be hit by a recession in 2024, although most analysts expect any recession to be mild on both sides of the pond.Generally, a recession can spook investors. While this might not…

Read More

Wylfa Power Station Anglesey Land and property consultancy Fisher German has secured a landmark five-year contract to provide Great British Energy – Nuclear with expert advice during the planning and delivery of its Small Modular Reactor (SMR) project at Wylfa on Anglesey in North Wales. SMRs are a new form of nuclear technology designed to deliver clean, reliable and cost-effective energy at scale. Built using modular components manufactured off-site and assembled on location, SMRs offer faster deployment, greater flexibility and lower upfront costs than traditional nuclear power stations. They are expected to play a crucial role in strengthening the UK’s…

Read More

Key PointsIt wouldn’t be surprising to see Alphabet’s capital expenditures approach $200 billion in 2026.This business possesses thriving internet properties that will keep posting solid growth.Forecasting valuation and earnings into the future makes it easy to believe that Alphabet shares will reach $1,000 in a decade.Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is one of the most successful companies that the world has ever seen. Its gargantuan market cap of $3.7 trillion trails only Nvidia and Apple. With its popular platforms and apps, this business deserves credit for making the internet more accessible for people.And investors have reaped the rewards. Shares have…

Read More

Nationwide has launched two new savings products and boosted rates on four of its fixed-rate ISAs.The new 1 Year Single Access ISA and 1 Year Single Access Saver are both hitting the market from today (6 March), offering a 4% interest rate.The Single Access ISA does what it says on the tin – customers can only make one withdrawal before the interest rate drops. If you access the money more than once, you’ll be penalised with an interest rate of 1.05%. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from.…

Read More

Forex trading can be highly rewarding, but it’s also challenging. In such a liquid market, you’re trading with a seemingly endless number of people who are all after the same goal. This is where intelligent algorithmic tools are able to give you an edge. The forex market moves at a breathless speed. It rewards discipline and emotional control. However, it punishes hesitation and inconsistency. As a forex trader, you’ll always be looking for an edge, whether it’s being on the pulse of the latest news or finding better ways to analyze charts. Forex trading bots have become a tool that…

Read More

Real estate investment company Custodian Property Income Reit has bought family property company Scorpion Properties Limited for £8.5mn.The deal provides Custodian with a complementary portfolio of five single-let industrial properties with 100 per cent occupancy.With an average lot-size of £1.7mn, the assets are located in the south midlands and generate an annual aggregate passing rent of £0.6mn, adding around 1.3 per cent to the company’s annual rent roll.Custodian Property Income Reit chairman, David MacLellan, said: “The addition of the Investment Portfolio will provide further reversionary potential to drive future earnings. “With three similar all-share or majority-share acquisitions now announced, this…

Read More

Key PointsKratos beat on top and bottom lines last night.Kratos’s profits, however, look weak, and the drones company continued to burn cash.Kratos Defense & Security (NASDAQ: KTOS) stock tumbled 7.5% through 10:05 a.m. ET Tuesday after despite beating on both sales and earnings last night.Heading into Kratos’s Q4 report, analysts forecast Kratos would earn $0.017 per share on sales of $327.6 million. In fact, Kratos earned $0.18 per share and reported quarterly sales of $345.1 million.Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical…

Read More