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17d06/04

Dangote Breaks Ground on 700,000-Bpd Second Crude Processing Unit

Africa's biggest refinery is getting bigger. Nigeria's Dangote refinery has started work on a second crude processing unit that will add another 700,000 barrels per day (bpd) of capacity, putting the complex on track to rival the world's largest refining site and giving billionaire owner Aliko Dangote a much larger role in global fuel markets. According to Dangote Petroleum Refinery CEO David Bird, construction is already underway at the Lekki site outside Lagos. The new refinery is expected to

◇ unclassifiedmiddle-east · russia · usa
17d06/04

Lump sums in ibkr: Tiered vs Fixed pricing

Hello everyone, i would like to start investing a lump sum of 10.000 EUR and buy WEBN Etf, and then later invest small lumps sums from time to time and i would like to ask which ibkr Pricing i should set, a tiered or a fixed pricing. I have understood though, if someone invests small sums everyonth, below 1000 Eur, then Tiered pricing would be cheaper, I am right? Thank you submitted by /u/StatisticianLong3226 [link] [comments]

Social◇ unclassifiedeurope
17d06/04

EU trade chief swipes at China’s overcapacity, but seeks ‘meaningful’ talks with Beijing

EU trade chief Maros Sefcovic has called for practical approaches and “meaningful discussion” to tackle the growing trade concerns between Brussels and Beijing, following his meeting with China’s chief international trade negotiator, Li Chenggang, on the sideline of a ministerial meeting at the Organisation for Economic Cooperation and Development (OECD) in Paris. Sefcovic opened his press conference on Thursday by stressing the urgency of crafting policy responses to the non-market practices...

◇ unclassifiedchina · asia · europe
17d06/04

Public Management Programme Puts Humans at the Centre of the AI Revolution

[The content of this article has been produced by our advertising partner.] As artificial intelligence (AI) reshapes economies, labour markets and public services, the Hong Kong University of Science and Technology (HKUST) is making a clear bet: the defining skill for tomorrow’s public leaders will not be coding, but judgment. At the helm of its Master of Public Management (MPM) programme is Programme Director Prof. Donald Low, who argues that leadership in the AI age demands more than technical

◇ unclassifiedchina · asia
17d06/04

‘All reasonable steps’ for site smoking ban include CCTV, cigarette storage points

Contractors should take “all reasonable steps”, such as installing CCTV cameras and setting up temporary cigarette storage points, to comply with a coming smoking ban on construction sites, Hong Kong labour authorities have said. They should also ask individuals to stop using e-cigarettes and heated tobacco products, even though they do not require lighting, the Labour Department said on Thursday, six months after the deadly Tai Po fire that was suspected to have been caused by workers smoking..

◇ unclassifiedchina · asia
17d06/04

Comparing Cash Flow Valuations Across Leading Tech Giants

Meta is currently trading at one of the lowest P/OCF multiples among the big tech names, which is interesting given how strong its fundamentals have been. For context, P/OCF looks like this right now: Meta ~12x Microsoft ~20x Amazon ~19x Google ~26x Comparison pulled from StockNest: stocknest.app/?t=AMZN,GOOGL,META,MSFT&m=pocf Over the past five years, Meta has also compounded strongly: Revenue growth has been solid (~16% CAGR), net income has grown steadily, and operating cash flow has expanded

Social◇ unclassifiedusa
17d06/04

Hypothesis: Aging will be solved by inflation

The state no longer has many options to address aging. It is too late to convert the pension from the pay-as-you-go system to something else. But if a worker has to feed more and more pensioners, then working becomes less and less worthwhile and this leads to a vicious circle. If he decides to use his time for something else, then he earns less, which leads to lower payments, which then leads to an increase in contributions, which then means no work

Social◇ unclassifiedgermany · europe
17d06/04

Convincing parents to invest

Hi all, As the title goes, how do I convince my parents to invest? Luckily they have a decent pension fund that may be just enough to sustain living back in our home country which I would consider LCOL. However, my issue is that they are just cash savers. No other investments and they cannot grasp the value of investing. I’ve tried explaining the effects of inflation and that there are other investing opportunities that are low risk but they just don’t get it. They are retiring in about 5 years

Social◇ unclassifiedsocial-signal
17d06/04

KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field

South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to build and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration power plant at the major gas project estimated to need $100 billion of total investments. KEPCO’s cogeneration project entails building a 331-MW cogeneration facility capable of producing about 465 tons of steam per hour by June 2029. The plant is expected to supply electricity and steam to Aramco for 17 yea

◇ unclassifiedmiddle-east · russia · usa
17d06/04

America's Rare Earth Reckoning Could Create a New Strategic Powerhouse

As the Pentagon’s 2027 ban on Chinese-origin rare earth materials moves closer, REalloys (NASDAQ: ALOY) is locking down exclusive control of the biggest heavy rare earth metallization systems outside of China. The company says its $20.6 million investment into the Saskatchewan Research Council’s (SRC) rare earth processing facility in Saskatoon secures exclusive preferred rights to up to 80% of expanded production capacity — including commercial-scale NdPr, dysprosium, and terbium output that “n

◇ unclassifiedmiddle-east · russia · usa
17d06/04

Hong Kong signs 96 agreements with Kazakhstan and Uzbekistan worth US$1.65 billion

Hong Kong has signed 96 agreements with Kazakhstan and Uzbekistan worth US$1.65 billion during city leader John Lee Ka-chiu’s visit to Central Asia, which he hailed as a “successful” mission setting the stage for closer government and business ties with the region. Lee on Thursday also said Hong Kong had initiated an agreement with Uzbekistan that paved the way for airlines on both sides to launch a new direct route, days after the city’s flag carrier Cathay Pacific Airways announced it would...

◇ unclassifiedchina · asia
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