Category: sector
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Southern Co. maintains stock target, Sector Outperform on new CTES system By Investing.com
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On Tuesday, Scotiabank reiterated its outperform rating on Southern Company (NYSE: ), with a $77.00 price target on the stock. The confirmation comes after a meeting with the company’s Advanced Power Systems R&D team, which unveiled a new concrete thermal energy storage (CTES) system at Alabama Power’s Gaston plant. The…
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What SMEs should look for to get a fair deal from public sector framework providers
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I was very interested to see Labour’s pledge to support the cause of small and medium-sized enterprises in Britain. As the frontrunner in the election, at least according to opinion polls, it could signal new opportunities for economic growth. On public sector contracts, there will be a guaranteed shortlist for…
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S&P, Nasdaq end lower as Nvidia drags the tech sector for second day By Reuters
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Written by Echo Wang (Reuters) – The indexes and the Nasdaq closed slightly lower on Friday, dragged down by a decline in Nvidia (NASDAQ:) shares for the second day in a row, dragging the technology sector lower. Technology was the biggest loser among the 11 major sectors in the Standard…
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Can the rise in re-commerce help create a more sustainable retail sector?
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Shopping habits are changing. Consumers are increasingly choosing to buy or rent used items rather than new. Digital marketplaces are making this easier, with 80% of refurbished goods now purchased online. The trend is set to grow, with 44% of people saying they are buying more second-hand items, and Barclaycard…
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Major world economies seeking to stop new private sector coal financing – Reuters
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keni1/iStock via Getty Images Reuters reported this week that some of the world’s major economies want to finalize a plan before this year’s UN COP29 climate summit in November to halt new private sector financing for coal projects. If the draft proposal is approved by The OECD would be the…
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Boeing’s woes a ‘burden’ for entire sector, Airbus executive says By Reuters
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FRANKFURT (Reuters) – Safety and quality problems uncovered at Boeing Co (NYSE:) after a door plug exploded earlier this year threaten to shake travelers’ confidence in flying, a senior executive at rival Airbus said. Christian Scherer, CEO of Airbus’ commercial aircraft division, told German weekly magazine WirtschaftsWoche that these problems…
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3 High-Yield Stocks to Buy in This Boring Sector
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Utilities run a very boring business. They distribute electricity and natural gas to customers under government-regulated rate structures. There’s not a lot of upside in this business (demand and prices are relatively stable), but there’s also not much downside. For this reason, utilities generate very stable returns, a large portion…
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A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says
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Cindy Ord/Getty Images A global labor shortage of about 80 million workers will send technology stocks heading parabolic, according to Fundstrat’s Tom Lee. The technology sector will eventually make up 50% of the S&P 500, Lee said Wednesday. “I believe AI is already addressing the global labor shortage of about…
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Once a giant, manufacturing now trails financial sector in Kenya GDP share
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In the 1980s, manufacturing in Kenya was so big that Daniel arap Moi’s government dared to join the car manufacturers’ league by commissioning the building of its own car. The plan failed because the exotic car, the Nyayo Pioneer, could barely move a kilometre, but the dream of building the…
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CMA Considers Capping Vet Prescription Fees Amid Sector Probe
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The UK Competition and Markets Authority (CMA) is considering capping veterinary prescription fees as it digs deeper into the sector to address concerns that pet owners are being overcharged for treatment. The CMA’s formal investigation comes after it received 56,000 responses from pet owners, vets and charities following a review…
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Indonesia Establishes A Crypto Asset Committee To Regulate The Bursting Crypto Sector
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Image from analytics insight Indonesia’s cryptocurrency landscape has been rapidly evolving, marked by surging transaction volumes and a growing investor base. To keep pace with these developments and ensure regulatory compliance, the country’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a decisive step by establishing a dedicated…
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Indonesia Establishes A Crypto Asset Committee To Regulate The Bursting Crypto Sector
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Image from analytics insight Indonesia’s cryptocurrency landscape has been rapidly evolving, marked by surging transaction volumes and a growing investor base. To keep pace with these developments and ensure regulatory compliance, the country’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a decisive step by establishing a dedicated…