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FUTY: Utilities Dashboard For December (NYSEARCA:FUTY)

Pavel Vozmischev This monthly article series shows a dashboard with aggregate industry metrics in utilities. It is also a top-down analysis of sector ETFs like the Utilities Select Sector SPDR ETF (XLU) and the Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY), whose largest holdings are used to calculate these metrics. Shortcut The next two paragraphs in […]

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Oil extends recovery as markets bet on 2023 demand pickup By Investing.com

© Reuters. By Ambar Warrick  Investing.com– Oil prices extended gains into a second consecutive session on Tuesday as markets bet that a Chinese reopening, U.S. buying and a potentially colder-than-expected winter will spur a demand recovery going into 2023, despite increased fears of a global recession. Optimism over China’s reopening was the main driver in a […]

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GE’s Upgrade Exceeds Expectations and Boosts Power Plant’s Output and Availability at Nigeria’s Indorama Eleme Petrochemicals

PORT HARCOURT, NIGERIA — November 17, 2022 — In continuation of its operations improvement and power plant modernization plan, Indorama Eleme Petrochemicals Limited (IEPL) and  GE Gas Power (NYSE: GE) today announced that they have successfully executed GE’s 6B Performance Improvement Package (PIP) upgrade on the third 6B gas turbine at the petrochemical facility in […]

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Metal Tiger plc UK Regulatory Announcement: Investment in Cobre Limited

LONDON–(BUSINESS WIRE)–  19 December 2022 Metal Tiger plc (“Metal Tiger” or the “Company”) Investment in Cobre Limited Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, is pleased to announce that it has invested approximately A$1m in Cobre Limited’s (“Cobre”) A$5m placing at A$0.15 per new ordinary […]

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Thai c.bank sees limited impact of global financial tightening

BANGKOK, Dec 19 (Reuters) – Thailand’s economy should continue to recover and its overall financial stability remains sound, while financial tightening globally has had a limited impact on the country’s financial conditions, the central bank said on Monday. A gradual rate increase is still an approach consistent with Thailand’s recovery and inflation outlook, but the […]

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PPH: Question & Answer | ETF Trends

Introduction Despite the current uncertainty in equity markets, the pharmaceutical industry has remained relatively stable, thanks to the consistent and growing demand for the products pharma companies produce. The global pharmaceutical market is expected to grow at a 15.9% CAGR from 2022 to 2030, reaching $1.599T by 2030.1 The existing industry leaders are projected to retain […]

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2 Monster Metaverse Stocks to Buy for the Long Haul

Metaverse stocks have fallen flat in 2022 as the much-hyped concept has yet to take off. Meta Platforms (META 2.82%), the company most closely associated with the concept and which popularized the term, has seen its stock price plunge this year as it’s on track to lose around $13 billion on Reality Labs, its metaverse-focused division. […]

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OnlyFans Model scammed NFT Buyers with Rug Pulls of Over 127 ETH

Vanessa Sierra who is one of the famous OnlyFans model along with has more than 500k followers on Instagram is recently revealed to have scammed the investers with a fake NFT project called SmolBoyz Land and pulled out the 127 ether invested in the project. What was done by a famous OnlyFans model in the […]

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SIC private equity investments battered by down markets

The prolonged crash on national stock markets is taking a significant toll on the State Investment Council’s private equity investment program, pushing overall returns down by nearly 7% over the past year, according to the latest quarterly report from the SIC’s private equity advisement firm Mercer. The losses reflect devaluation of publicly traded companies in […]

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Fed, Wall Street ‘in a brawl’ over inflation cure

The Federal Reserve and the stock market are butting heads over the central bank’s efforts to fight inflation. Stocks capped a steep two-day sell-off on Friday, wiping out gains from a rally earlier in the week driven by hopeful economic news. Inflation as measured by the consumer price index had fallen for the fifth straight […]

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