Author: Jordan

It has been a volatile year, as the Iran war continues to have a widespread economic impact. Amid this uncertainty, some investors may be considering putting money into defensive, instead of cyclical, stocks. But what’s the difference? Here The Independent explores what you need to know about the two, their differences and key considerations for who should consider investing in them. What are defensive and cyclical stocks? Defensive stocks are those less likely to be impacted by economic conditions – as these companies offer essential goods and services, such as food, household goods, medicines, utilities, and broadband. UK companies you…

David Rush, a former high-ranking official of the U.S. Central Intelligence Agency, has been charged with misappropriation of government funds after approximately 300 gold bars worth over $40 million were discovered at his home. This was reported by NBC News with reference to court documents, according to UNN.DetailsAccording to the investigation, Rush, who had access to classified information and held a leadership position, had over recent months submitted requests for significant sums of money, foreign currency, and gold bars, allegedly to cover operational expenses.Earned $700,000 on the escape of men abroad; a deputy and a police officer are among the…

Dive Brief: The engineering team at Uber Technologies has overtaken finance as the company’s leading adopter of artificial intelligence, a senior finance executive said Thursday, amid reports the ride-hailing company is grappling with high costs from AI tools used to automate software coding. More than 90% of Uber finance professionals now routinely use AI tools, according to Tiho Nedkov, a director of finance at Uber, highlighting the team’s rapid integration of the technology into daily workflows even as engineering has now emerged as the top deployer. “Finance actually led this [within] Uber for a couple years … at least until agentic…

Foundation has launched two new limited edition buy-to-let (BTL) products, available at 75% loan-to-value (LTV). The new 2-year fixed-rate products are available within Foundation’s F1 range – for landlord borrowers with an almost clean credit history. The standard limited edition product is available at 4.44%, while a green option is available at 4.34%, for properties already with an Energy Performance Certificate rating (EPC) of A to C. Both products come with a 4% fee, a free standard valuation and no application fee. Grant Hendry, director of sales at Foundation, said: “Recent market conditions have created an opportunity for us to…

Foundation has launched two limited-edition buy-to-let fixed-rate products for landlord borrowers at 75% loan-to-value. The intermediary-only specialist lender said the new two-year fixed-rate products are available within its F1 range, which is aimed at landlord borrowers with an almost clean credit history. The products include a limited-edition option priced at 4.44% and a green option priced at 4.34% for properties with an EPC rating of A to C. Both products carry a 4% fee and include a free standard valuation and no application fee. Foundation said the changes were intended to support brokers with a broader range of specialist buy-to-let…

NEW YORK, May 29, 2026 /PRNewswire/ — Neuberger Real Estate Securities Income Fund Inc. (NYSE American: NRO) (the “Fund”) has announced a distribution declaration of $0.0312 per share of common stock. The distribution announced today is payable on June 30, 2026, has a record date of June 15, 2026, and has an ex-date of June 15, 2026. Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0312 per share of common stock, unless further action is taken to determine another amount. There is no assurance that the Fund will…

Overseas vacations in 2026 have become noticeably more expensive, driven by a combination of strong demand, higher airline operating costs and a weaker rupee. Airfares alone have risen by around 12–18 per cent, largely due to elevated fuel prices and increased aircraft leasing and maintenance expenses. Source link

Produced in partnership with Franklin Templeton. The world’s insatiable demand for semiconductors has driven Asian equities to a new height and scale, with Taiwan and South Korea surpassing developed countries like Canada and the UK in total market value earlier this year. But Yi Ping Liao, portfolio manager at Franklin Templeton specialising in Asian equities ex Japan, argues there is something more durable underpinning the Asian equities growth story: human capital at a high quality and lower cost. This advantage has allowed Asian companies to operate on a different level of scale and speed that’s difficult to replicate elsewhere, especially…

79 Impact Investing Firms You Should Know Causeartist Source link

Gold production in the first quarter of 2026 reached 12,043 oz, a 20% increase over 10,013 oz in the first quarter of 2025, driven by a 39% grade improvement at the Coringa mine, supported by the classification plant.Revenue rose to $50,571,000 from $27,593,000 in the first quarter of 2025, reflecting both higher production and a 69% increase in the average gold price received to $4,926 per oz.Earnings before interest, taxes, depreciation, and amortization (EBITDA) expanded to $29,240,000 from $12,449,000 in the first quarter of 2025, with post-tax profit reaching $20,993,000 against $8,769,000 in the prior-year period.Cash rose to $64,472,000 at…