Finance

  • Shell pauses construction at one of Europe’s biggest biofuels plants

    Shell pauses construction at one of Europe’s biggest biofuels plants0

    In a surprising move, Shell has announced the suspension of construction activities at what was set to be one of Europe’s largest biofuels plants. This decision marks a significant shift in the energy giant’s strategy regarding renewable energy investments. The suspension raises questions about the future of biofuel development in Europe and its implications for

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  • Revolut chair welcomes London as fintech reports record profits

    Revolut chair welcomes London as fintech reports record profits0

    Revolut, a leading global fintech company, has recently announced record profits, marking a significant milestone in its growth journey. This announcement comes at a pivotal moment as the company navigates changes in the London listing landscape. The company’s chair has expressed strong support for the recent overhaul of London’s listing rules, viewing it as a

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  • EY’s new boss leaves strategic questions unresolved

    EY’s new boss leaves strategic questions unresolved0

    Ernst & Young (EY), one of the Big Four accounting firms, recently appointed a new leader, but this transition has left several strategic questions unanswered. This article explores the implications of this leadership change, the challenges EY faces, and the unresolved strategic issues that could shape the firm’s future. Introduction In the competitive world of

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  • Wealthy sell UK assets amid Labour would raise capital gains tax

    Wealthy sell UK assets amid Labour would raise capital gains tax0

    In recent months, a notable trend has emerged among wealthy individuals and investors in the UK: the accelerated sale of assets. This behavior is driven by increasing concerns that a future Labour government might significantly raise capital gains tax (CGT). The decision to divest assets is influenced by the anticipated changes in tax policy, which

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  • Economic Impacts of Renewable Energy Adoption

    Economic Impacts of Renewable Energy Adoption0

    Renewable energy adoption is increasingly being recognized as a crucial component of global energy strategies. The transition from fossil fuels to renewable sources such as wind, solar, and hydroelectric power has far-reaching economic implications. This article delves into the economic impacts of renewable energy adoption, examining both positive and negative effects on economies worldwide. Economic

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  • Collapsed FTX-linked Silvergate pays $63mn to settle probes

    Collapsed FTX-linked Silvergate pays $63mn to settle probes0

    The financial world has been abuzz with recent developments surrounding Silvergate Bank, a lender deeply entwined with the now-collapsed FTX cryptocurrency exchange. On June 14, 2024, Silvergate agreed to pay $63 million to settle probes conducted by various regulatory bodies. This settlement is a significant event in the ongoing scrutiny of financial institutions linked to

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