Author: investwatchnews.com
Iron ore prices experienced a significant surge on Friday on the Singapore Exchange, reaching nearly $109 per ton. This price point marks the highest level observed for iron ore since October of the previous year, signaling a potential rebound for this crucial industrial commodity. The increase in iron ore prices could be attributed to a multitude of factors, including shifts in global supply and demand dynamics, changes in production costs, or fluctuations in currency exchange rates.Iron ore prices: No news from China proves positiveHowever, analysts at Commerzbank AG believe that the price increase was due to a completely different reason. “The iron ore…
Check out what’s clicking on FoxBusiness.com. Amazon workers in North Carolina have voted against a proposal to unionize, a win for the retail giant in its fight against organized labor at its facilities. About 4,300 employees at an Amazon fulfillment center in Garner, a suburb of Raleigh, were eligible to cast ballots in last week’s voting to decide whether to join a grassroots labor organization called Carolina Amazonians United for Solidarity and Empowerment, the National Labor Relations Board said.Amazon workers voted at the warehouse nearly 3-to-1 against joining former and current Amazon workers in the independent union. The federal labor agency said…
Committee to Unleash Prosperity co-founder Steve Moore reacts to video of Kamala Harris detailing her plan to bring down costs. #foxbusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year…
Cocoa pods are pictured at a farm in Sinfra, Ivory Coast April 29, 2023. Luc Gnago | ReutersStrong rains across Ivory Coast’s central regions are expected to strengthen cocoa trees and improve growing conditions for the April-to-September mid-crop, farmers said on Monday.Ivory Coast, the world’s top producer of the main ingredient in chocolate, is in the dry season that runs from mid-November to March when rains are scarce.Farmers had been worried that the hot weather would delay the start of the mid-crop season and tighten bean supply before the country’s central regions received above-average rains last week.Farmers said they were now…
Section 21 evictions hit their highest level last year since 2016, and it’s expected numbers will increase again this year. Some 32,387 households in England were taken to court by their landlord seeking possession last year, figures from the Ministry of Justice show. This figure is up from 30,230 in 2023, and the highest since 2016, when 33,522 such court claims were made. The Renters’ Rights Bill is set to outlaw Section 21 evictions. The ban has concerned landlord groups due to the broken nature of the court system in the UK, with it taking months to evict a tenant…
Enjoy complimentary access to top ideas and insights — selected by our editors. Two weeks ago, I made my updated Word file with 190 checklists available. I now have a SmartProof Excel worksheet template available. I will provide it for free if you email me at GoodiesFromEd@withum.com and just put Template as the subject. If you did not get the worksheet file and want it, send a second email with Checklists as the subject. This method is part of a system that makes it easier to respond. Please no messages, just the subject. I posted a previous column describing this method…
Defense firm Leonardo calls for creation of ‘EU defense giants’The chief executive of Italy’s Leonardo has called for the creation of “EU defense giants” to fix the “fragmented and inefficient” military hardware development sector in Europe.”The European defense industry is currently too fragmented and inefficient, with each country pursuing its own strategy and developing its own weapons systems and platforms,” said the defense firm’s CEO Roberto Cingolani. “While European companies are large, they are not sufficiently powerful in the current context. The creation of EU defense giants is essential. For this reason, Leonardo is deeply committed to fostering alliances within…
Standard Chartered, Animoca Brands, and HKT have formed a joint venture to apply for a Hong Kong dollar-backed stablecoin license. Standard Chartered‘s Hong Kong branch, crypto venture firm Animoca Brands, and HKT have teamed up to launch a joint venture focused on issuing a Hong Kong dollar-backed stablecoin as the region signals its readiness to strengthen its position in the digital asset market. In a Feb. 17 blog announcement, Animoca said the new joint venture entity will apply for a license under the Hong Kong Monetary Authority’s updated regulatory framework, though didn’t elaborate on the timeframe. Animoca will help the…
City of London Corporation greenlights plan to cut waste and boost recycling of materials. The post City of London adopts strategy to become ‘fully circular’ economy by 2040 appeared first on Property Week. Source link
The financial advice, accounting and tax industries have a generational problem: The average age of a financial advisor is 56, with nearly a third planning to retire in the next five years, and the average age of accountants and auditors is 44. On top of that, the Great Wealth Transfer means that more millennials and Gen Z clients will be searching for tax, wealth and investment advisors who understand them and their financial needs. What’s worse, rookie advisor programs haven’t gained much traction in developing new talent: Cerulli reported an industry-wide rookie advisor failure rate of more than 72% in 2023. However,…