Explore the latest and most relevant news from around the globe on our site, covering various topics including technology, finance, health, and much more. We keep track of the major events and provide information firsthand so you can stay informed about the latest happenings.

Singapore’s SC Oscar acquires New Zealand solar developer; seeks more deals

Singapore fund manager SC Oscar has acquired Rānui Generation, a New Zealand solar photovoltaics (PV) project developer.Four underlying development-stage solar PV power projects in New Zealand, with total capacity of around 157 Megawatt peak (MWp), are included in this deal. An initial project is starting construction imminently, with two other projects close to ‘ready to build’ status, according to a June 18 press release.This transaction was carried out through SC Oscar’s renewable energy infrastructure fund named SC Renewable Plus Fund 1, which achieved a second closing in March 2024, and is seeking to raise $300 million in total capital...

Credit card debt surges by almost £5bn as punishing interest rates send bills spiralling...

The total amount outstanding on the nation's credit cards has surged by almost £5 billion - around 10 percent - in a year to reach just over £65 billion.New figures from the banking industry trade body UK Finance found that around half this figure - 49.8 percent - incurred interest with APR rates often charging as much as 30 percent.The net effect is that people who are relying on credit card to cover everyday expenses, such as food, clothes and energy, are facing punishing interest rate bills.New figures from the banking trade body UK Finance show outstanding balances on...

Red tape, spiralling costs and the VAT threshold are pressing issues for 5.5 million...

As the general election approaches, Insights from leading small business insurer Simply Business has revealed the most pressing issues within the sector. The survey of 1,750 small business owners pinned access to finance, a stifling VAT threshold and ‘two tier’ approach to energy support as reasons for stagnation within the sector. Almost a third (29.5%) of small business owners said the government had not done enough to support small businesses through the energy crisis, and that they should increase tax for oil and gas companies. One in five (19.7%) felt more stringent regulation of oil and...

Stellantis has achieved $9 billion in cost reductions from merger

Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company's investor day at its North American headquarters in Auburn Hills, Mich.Michael Wayland / CNBCAUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as "arrogant" mistakes by himself and the company in the automaker's U.S. operations that led to sales declines, bloated inventories and investor concerns.Tavares said the convergence of three factors led to the problems: not selling down vehicle inventory fast enough; manufacturing issues, specifically with two unnamed plants; and lack of "sophistication in the way to go to market.""We had...

Stocks making the biggest moves premarket: ADBE, HAS, GME

Check out the companies making headlines before the bell. GameStop — The meme stock dipped 1.1% after Keith Gill, known as "Roaring Kitty," seemingly increased his ownership in GameStop. He appears to be holding 9.001 million GameStop shares and over $6 million in cash, according to a screenshot he posted to Reddit. Adobe — The software company soared 14.2% after posting better-than-expected earnings and revenue , with higher annualized digital media revenue, which includes Creative Cloud subscriptions, than analysts had called for. Adobe also lifted its full-year guidance. JPMorgan upgraded shares to overweight from neutral on Friday, saying Adobe is poised...

Stocks making the biggest moves premarket: ADBE, HAS, GME

Check out the companies making headlines before the bell. GameStop — The meme stock dipped 1.1% after Keith Gill, known as "Roaring Kitty," seemingly increased his ownership in GameStop. He appears to be holding 9.001 million GameStop shares and over $6 million in cash, according to a screenshot he posted to Reddit. Adobe — The software company soared 14.2% after posting better-than-expected earnings and revenue , with higher annualized digital media revenue, which includes Creative Cloud subscriptions, than analysts had called for. Adobe also lifted its full-year guidance. JPMorgan upgraded shares to overweight from neutral on Friday, saying Adobe is poised...

Three Stocks: Tesla, Super Micro, and SOFI

Three Stocks: Tesla, Super Micro, and SOFITesla Tesla (TSLA) stock followed through on that support from the Tesla bulls recently, opening today’s trading more than 7% higher. The spike higher was caused by Elon Musk’s tweet – can I still call it that? – stating that “currently passing by wide margins.” David Faber of CNBC pointed out a few sticking pointsTags: AI stocks, elon musk, Stocks to Buy The post Three Stocks: Tesla, Super Micro, and SOFI appeared first on Money Morning - We Make Investing Profitable. Source link
On the up: Average house prices in increased by 1.1 per cent in the 12 months to April 2024

House prices officially rising again says ONS, as inflation falls to target

House prices nudged higher for a second month in a row, according to latest figures from the Office of National Statistics.In April, the average home sold for £281,000, 1.1 per cent more than 12 months ago. This was up from 0.9 per cent in the 12 months to March, representing the second consecutive month registering an annual increase after eight months of falls.- Is a five-year fixed mortgage now the best option as interest rates stay high? On the up: Average house prices in increased by 1.1 per cent in the 12...

Musk Pay Victory Eliminates Cloud at Tesla, but New Legal Fight Is Brewing

The vote to approve the multibillion-dollar pay package sets the stage for the next round of legal battle. Source link

Tony Awards’ Viewership Slips Lower

Sunday’s show had the second-lowest viewership for a Tonys telecast since records have been kept. Source link

X CEO Linda Yaccarino Touts Advertiser Return After Musk Takeover

Still, Elon Musk, who owns the platform, and his chief executive Linda Yaccarino, have work to do to grow the business, leaders told employees. Source link

Voyager 1, After Major Malfunction, Is Back From the Brink, NASA Says

The farthest man-made object in space had been feared lost forever after a computer problem in November effectively rendered the 46-year-old probe useless. Source link

NIH Study Shows People With ADHD Have Altered Brains

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