Connect with us

Business

BTIG’s Krinsky flags a ’buyable’ level in S&P 500

Published

on

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

The More You Sold, The More I Bought: LyondellBasell (NYSE:LYB)

Published

on

The More You Sold, The More I Bought: LyondellBasell (NYSE:LYB)

This article was written by

Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha’s top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of LYB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.

Advertisement

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Continue Reading

Business

How generational differences can fuel growth

Published

on

How generational differences can fuel growth

We are heading towards a time where five generations share the workplace. From Baby Boomers to Gen Z, employees bring very different experiences, values and expectations.

For leaders, this is not a problem to solve. It is an opportunity to harness a range of perspectives in service of better outcomes for the business.

Yet the conversation around generational difference often starts in the wrong place. Narratives that younger generations do not want to work, that they lack resilience, or that they do not understand what it takes to succeed are deeply unhelpful. Leaning into these stories shuts down curiosity and listening. It reduces a complex human dynamic to a binary argument about who is right and who is wrong, and it feeds a wider societal tendency to focus on what separates us rather than what unites us.

Across all generations, the fundamentals are the same. Regardless of age, people need to feel seen, valued and heard and those needs do not change. What differs is how confidently people express them.

Gen X, for example, were often conditioned to feel grateful simply to have a job, and many were not encouraged to articulate what they needed from work. Younger generations, however, are far more comfortable voicing their wants and expectations, and what is sometimes labelled as entitlement is, in reality, valuable insight. There may even be an element of subconscious jealousy at play, as younger people are standing up for themselves in ways many of us did not feel able to. This is not laziness, but a different and often valuable perspective.

Advertisement

Younger employees want to achieve and they want to be successful. What they do not necessarily want is to replicate the exact path previous generations took to get there. When you look at the levels of burnout, stress and toxicity that have existed within many traditional working models, it is extraordinary that we would not pause and ask how might we do this differently?

From inputs to outputs

Too many generational debates become fixated on inputs, whether people are in the office, how many hours they are working or what sacrifices are being made. Inputs are highly visible, which makes them easy to focus on. However, they are not the true measure of performance. What ultimately matters are the outputs.

What does good look like for this business? What are we here to achieve? What impact are we trying to make? And most importantly why are we doing this? When leaders create clarity around outputs and what those outputs are in service of, they can then allow for flexibility in how those outcomes are delivered.

If leaders focus solely on systems, organisational design, operating models and processes, they risk overlooking the most critical factor in performance, which is their people.

Advertisement

While most leaders recognise that adaptability is essential in today’s environment and have evolved structures, technologies and strategies at pace, the real question is whether that same adaptability is being applied to how we engage, develop and support people.

Providing clarity about both the what and the why ensures that people, are set up to work autonomously. Autonomy enables individuals to feel a sense of personal agency, and that is something everyone needs, regardless of which generation they are.

Without this alignment and autonomy, even the most well-designed transformation efforts are unlikely to deliver their full potential.

Conflict as information not threat

Generational differences can sometimes surface as tension. What we often label as conflict at work is rarely true conflict. More often, it is a difference of opinion that has not been expressed clearly or resolved early. Lack of clarity creates the conditions for disagreement to escalate. The goal is not to avoid disagreements but to bring them to the surface and explore them. Conflict will exist because people care, they are passionate, and they see things differently. The question is whether it becomes healthy or unhealthy.

Advertisement

A difference of opinion is not a threat. Becoming more comfortable with the idea that multiple perspectives can coexist is often the key to avoiding full-blown conflict. Leaders play a vital role in shaping the conditions for healthy challenge. They create environments grounded in exploration and understanding and support open, constructive dialogue that strengthens teams and decision-making.

When handled constructively, conflict, especially that arising from generational differences, becomes an opportunity to improve collaboration, build understanding, and harness diverse perspectives to achieve better outcomes.

Enduring strength across generations

Generational collaboration cannot be one sided. There are enduring strengths within older generations, perspective, experience, clarity of standards and resilience developed through navigating challenge without constant scaffolding.

At the same time some younger employees may not yet have had the opportunity to build those muscles. Many have been highly supported and protected. That does not make them weak. It simply means certain skills need developing and that development requires guidance not judgement.

Advertisement

Equally, younger generations bring fresh thinking, technological fluency and a willingness to question assumptions. They have a right to help define culture and quality of work going forward. But that right comes with a responsibility to engage with the experience around them and to be open to learning from it.

When generations are placed together in positive contexts the exchange is powerful. You can see it in everyday life. Younger people who spend time listening to older generations’ stories often describe it as life enhancing. Perspective expands and the  same is true in organisations.

There is always value in the difference, neither generation is wholly right or wrong. The leader’s role is to find ways to use these differences proactively and work with the energy in the room rather than against it.

Leading from unity not division

The most powerful conversations in organisations are grounded in shared purpose. By focusing on what we as a business need to achieve and how we can work together to reach it, we can make the most of one another’s strengths and uncover issues that might otherwise go unnoticed.

Advertisement

That shift from assumption to inquiry changes everything. Leaders set the tone. They need to be available, approachable and grounded in positive intent. Supporting younger talent while maintaining clear expectations helps create cultures where clarity around what good looks like sits comfortably alongside adaptability in how it is delivered.

When we focus on what unites us rather than what divides us, generational diversity becomes an asset rather than a tension point. Harnessing these differences is not about smoothing everything into sameness. It is about recognising that diverse outlooks strengthen decision making, fuel innovation and deepen resilience.

By moving beyond unhelpful narratives, staying curious and prioritising outputs over inputs, clarity over assumption and unity over division, organisations can truly unlock all potential.

By Claire Croft, founder of executive coaching business Claire Croft Associates

For more information, visit: https://clairecroft.co.uk

Advertisement

Continue Reading

Business

How UK Online Gambling Became a Sixteen Billion Pound Industry

Published

on

Togel online is popular in Indonesia for good reason. Players return for the game's accessibility, diversity of betting options, and excitement, not just the thrill of winning.

The UK Gambling Commission’s annual report for the financial year ending March 2025 recorded a total gross gambling yield of sixteen point eight billion pounds, a seven point three percent increase on the previous year.

Remote gambling, which covers every form of betting and gaming conducted online, accounted for seven point eight billion of that total, up thirteen point one percent year-on-year.

Nearly half the industry’s revenue now originates from screens rather than premises, and the shift is accelerating. Remote gambling added roughly nine hundred million pounds to its gross yield in a single year, an expansion rate that few UK consumer sectors can match. Behind those figures sit three thousand and eighty-six licensed gambling activities, each operating under conditions that are tightening at a pace the industry has not seen since the original 2005 Act. For any sector generating this kind of revenue growth while absorbing regulatory reform, the financial dynamics deserve closer scrutiny than most coverage provides.

Tax Pressure and the Forty Percent Question

The commercial story cannot be separated from the tax story. According to the Office for Budget Responsibility’s analysis of betting and gaming duties, HMRC collected one point sixteen billion pounds in remote gaming duty during the 2024-25 financial year, a thirteen percent increase on the year before. Total betting and gaming duties are forecast to reach four billion pounds in 2025-26. Those numbers are about to change dramatically.

The November 2025 Budget announced that remote gaming duty will rise from twenty-one to forty percent from April 2026, with a new remote betting rate of twenty-five percent following in 2027. For operators running slots, table games, and live dealer products, the duty increase represents the single largest cost escalation since the point-of-consumption tax was introduced in 2014. The question facing the industry is not whether margins will compress but how operators will absorb the impact. Some will reduce promotional spending. Others will invest in operational efficiency and player retention technology to maintain yield per customer. A handful may exit the UK market entirely if the arithmetic no longer works.

Advertisement

Slots, Games, and the Technology Stack That Drives Them

What makes online gambling commercially resilient is the technology infrastructure that underpins it. Modern platforms operate thousands of games simultaneously, each running on certified random number generators, monitored by regulatory compliance systems, and delivered through content delivery networks optimised for low latency. The Gambling Commission’s annual industry statistics break down remote gambling yield into subcategories that reveal where the money concentrates.

Slots dominate the online segment, followed by casino table games and betting products. Live dealer formats, where players interact with real dealers via video stream, represent the fastest-growing subsector within casino verticals. Operators like online casino platforms aggregate content from dozens of game studios, creating libraries that can exceed several thousand titles. That aggregation model works because it spreads development risk across suppliers while giving the operator a broad catalogue to serve different player preferences. The capital required to maintain this infrastructure is substantial, which partly explains why the UK market has consolidated around a smaller number of large, well-capitalised operators over the past five years.

Regulation as Competitive Advantage

The UK’s regulatory model is often described as burdensome, but it also functions as a barrier to entry that protects established operators. The 2025 reforms introduced mandatory maximum stake limits for online slots at five pounds per spin for players aged twenty-five and over, alongside tiered financial vulnerability checks triggered when a customer’s losses exceed defined thresholds. These measures add operational cost, but they also create a licensing moat.

Operators that have already invested in compliance systems, responsible gambling tools, and identity verification infrastructure are better positioned to absorb new requirements than newcomers attempting to enter the market from scratch. The Gambling Levy Regulations 2025, which require all operating licence holders to contribute a mandated levy, add another layer of cost that favours scale. For the UK consumer, the regulatory framework translates into concrete protections, including deposit limits, self-exclusion programmes, and dispute resolution mechanisms that do not exist in unregulated markets. The commercial paradox is that heavier regulation increases the value of a UK licence precisely because it raises the cost of obtaining and maintaining one.

Advertisement

What the Numbers Mean for the Next Cycle

The UK online gambling market enters 2026 facing a tax increase that will test operational models across the sector. Operators generating the strongest returns will be those that combine deep game catalogues with efficient player acquisition and regulatory compliance built into their technology stack, rather than bolted on. The industry’s seven point eight billion pounds in remote gross gambling yield is unlikely to shrink, but the share that reaches operator bottom lines will contract unless efficiency gains offset the tax hit. For a sector that has grown at double-digit rates for three consecutive years, the next twelve months will reveal which businesses were built for scale and which were built for a lower-tax environment that no longer exists. How the industry navigates the 2026 duty change will determine whether its commercial significance translates into sustainable profitability or a correction that reshapes the competitive landscape.

Advertisement
Continue Reading

Business

Royal Mail faces scrutiny as 219 million letters arrive late despite rising stamp prices

Published

on

Royal Mail has blamed strike action for helping send it slumping to a full-year loss of more than £1 billion.

Royal Mail is facing renewed scrutiny over the reliability of Britain’s postal service after figures revealed that around 219 million letters could arrive late this year, raising concerns about service standards even as stamp prices continue to rise.

Analysis of delivery data shows that approximately 126 million First Class letters are on course to miss their next-day delivery target during the current year. At the same time, a further 93 million Second Class letters are expected to arrive later than the three-day delivery window required under current regulatory standards.

The figures have intensified pressure on the historic postal operator Royal Mail, which has been accused by MPs and consumer groups of allowing service quality to deteriorate while focusing more heavily on its more profitable parcels business.

Royal Mail has highlighted that 92.1 per cent of overall mail is delivered on time, but critics argue this headline figure masks serious underperformance in the premium First Class service.

According to the latest data, only 74.9 per cent of First Class letters have been delivered within the next-day target so far this year — significantly below the 93 per cent regulatory requirement set by the UK communications regulator Ofcom.

Advertisement

If this performance continues for the remainder of the year, the shortfall will translate into around 126 million First Class letters being delivered late, equivalent to roughly one quarter of all items sent using the service.

The performance gap has drawn particular attention because the price of a First Class stamp is due to rise again next month to £1.80, almost three times the cost a decade ago.

Critics argue that the rising cost of postage sits uneasily alongside declining service reliability.

While the standard Second Class service is performing better than the premium First Class offering, it is still missing regulatory targets by a considerable margin.

Advertisement

Royal Mail data indicates that 90.2 per cent of Second Class letters are currently delivered within three working days, compared with a regulatory requirement of 98.5 per cent.

That gap could result in around 93 million Second Class letters being delivered late across the course of the year.

Taken together, the combined delays across both services could affect more than 219 million letters, further fuelling complaints from households, businesses and public services that rely on reliable postal delivery.

The performance concerns have already prompted action from MPs. Last month the Business and Trade Committee launched a rapid investigation into Royal Mail’s delivery performance following widespread reports of delayed or missing letters.

Advertisement

MPs said they had received numerous complaints from members of the public who had experienced important correspondence arriving days late, including medical appointment notifications, official government communications and personal milestone cards.

In some cases, residents reported receiving bundles of letters delivered together several days after their expected arrival date, raising concerns that letters may be being held back before delivery.

Royal Mail executives have denied that mail is deliberately delayed to prioritise parcel deliveries. In correspondence with MPs, the company said its sorting systems group letters according to the day they are scheduled to be delivered but insisted that it would not intentionally hold back mail in a way that caused it to miss its official delivery targets.

However, Royal Mail also acknowledged that it does not record specific data showing when letters may be deprioritised in favour of parcels, which critics say makes it difficult to fully understand how operational decisions are affecting service quality.

Advertisement

Royal Mail’s internal analysis of delivery centre performance suggests that achieving regulatory delivery targets requires extremely high levels of operational coverage.

Statistical modelling by the company indicates that 99.5 per cent of delivery addresses must be served on schedule for the postal operator to meet the First Class quality standard of 90 per cent next-day delivery.

With roughly 1,200 delivery offices across the UK, even small gaps in local delivery coverage can quickly accumulate into large national shortfalls.

MPs have expressed concern that staffing shortages, delivery route changes and the growing volume of parcel deliveries may be contributing to the declining reliability of letter deliveries.

Advertisement

Royal Mail’s difficulties have already resulted in regulatory action. In October 2025, Ofcom imposed a £21 million fine on the postal operator after it failed to meet delivery targets for both First and Second Class mail.

At the time, the regulator said improvements to the company’s operations were “urgent” and required a clear recovery plan.

Five months later, however, Royal Mail says it cannot yet publish the full details of its improvement strategy because negotiations are still ongoing with the Communication Workers Union.

The delay has frustrated some MPs who argue that greater transparency is needed about how the company plans to restore reliability to Britain’s postal system.

Advertisement

Senior representatives from Royal Mail, Ofcom and the Communication Workers Union are scheduled to appear before the Business and Trade Committee in Parliament on 24 March to answer questions about the company’s delivery performance and plans for improvement.

MPs are expected to ask whether the Universal Service Obligation (USO) — the legal requirement that Royal Mail deliver letters nationwide at a uniform price — is being undermined by operational pressures and changing priorities within the company.

The issue has become politically sensitive since Royal Mail’s parent company was taken over last year by EP Group.

During the takeover process, EP Group provided legally binding assurances to the UK government that it would continue to support the universal postal service.

Advertisement

Daniel Křetínský, the group’s chief executive, told the BBC last year that he intended to honour the service “for as long as I am alive”.

The scrutiny also comes after Ofcom introduced significant changes to postal delivery rules in July 2025.

Under the updated regulations, Second Class letters are now delivered every other weekday rather than daily, while Royal Mail must also report performance against new “backstop” targets that measure letters arriving up to two days late.

The regulator said the changes were designed to modernise the postal service while recognising the steep decline in traditional letter volumes and the rapid growth of parcel deliveries driven by online shopping.

Advertisement

However, critics argue that even with relaxed standards, Royal Mail is still struggling to meet its delivery obligations.

With stamp prices continuing to rise and millions of households still dependent on postal communication for essential services, MPs say the reliability of Britain’s letter service remains a critical issue that must be addressed urgently.


Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

Advertisement

Continue Reading

Business

The Man Who Fights for the Voiceless

Published

on

The Man Who Fights for the Voiceless

Chetann Kishor Patel and the Legal Revolution for Animal Justice.

In a nation where compassion often battles convenience, one man has chosen to stand where it is hardest to stand beside the voiceless.

From the bustling streets of Mumbai to municipal corridors hundreds of kilometres away, Chetann Kishor Patel has emerged as a formidable and fearless force in India’s animal welfare landscape. An animal lover by heart and an Animals Rights Legal Advisor by profession, Patel is the Founder & Director of Illuminating Hope Foundation (IHF) India An Animal Welfare Core litigation organization, that is quietly but powerfully reshaping how India responds to animal injustice.

He does not merely rescue animals. He protects them with the Constitution.

Advertisement

Law in His Hands, Compassion in His Heart

The Man Who Fights for the Voiceless

 

While many speak about kindness, Patel enforces it.

Through strategic legal interventions, representations, and notices, he has secured justice for thousands of community and wild animals. His work bridges the emotional and the institutional ensuring that compassion is not reduced to sentiment, but reinforced by law.

Advertisement

His approach is direct, structured, and unapologetically firm: Animal welfare is not optional. It is a legal obligation.

The Jaora Stand: When Silence Was Not an Option

One of the defining moments of his advocacy came in Jaora, where alarming reports surfaced regarding:

  • Alleged illegal relocation of street dogs
  • The running of an unlawful Animal Birth Control (ABC) Centre
  • Harassment of local feeders

Where many would hesitate, Chetann Kishor Patel acted.

Legal notices were formally sent to the Collector of Ratlam (M.P), Superintendent of Police of Ratlam (M.P), Chief Municipal Officer of Jaora Nagarparishad (Ratlam District), and the local police station — demanding accountability and lawful compliance.

Advertisement

The message was clear: Community animals cannot be picked up, displaced, or confined outside the legal framework. Compassionate citizens cannot be criminalized for feeding.

This was not activism for headlines. It was activism for justice.

Defender of the Feeders Across India, community animal feeders everyday citizens who ensure that street animals survive often face hostility, misinformation, and intimidation.

Chetann Kishor Patel stands as their legal shield.

Advertisement

He affirms what the law already recognizes: feeding community animals is not a nuisance; it is a humane act protected within legal boundaries. Harassment of feeders is not a civic order it is a violation.

By defending feeders, Patel protects the ecosystem of compassion that sustains millions of street animals.

Under Chetann Kishor Patel’s leadership, Illuminating Hope Foundation (IHF) India has evolved into more than an organization — it is a legal movement.

Illuminating Hope Foundation (IHF) India works at the intersection of animal protection law, civic responsibility, and constitutional values. From addressing unlawful municipal practices to advocating for proper implementation of Animal Birth Control Rules, the foundation operates with precision and persistence.

Advertisement

It is not noise-driven activism. It is result-driven advocacy.

Every notice served. Every representation filed. Every illegal act challenged.

Each step reinforces one fundamental belief: justice must extend beyond humans.

Chetann Kishor Patel represents a new generation of animal rights defenders — strategic, legally equipped, emotionally grounded, and institutionally aware.

Advertisement

He understands that real change is not created through outrage alone, but through structured legal action.

In him, the movement finds both fire and framework. His Words, His Mission

“Compassion is not weakness it is strength guided by responsibility. When we protect animals, we protect the moral fabric of our society. I do not fight authorities; I fight injustice. And I will continue until every voiceless life receives the dignity it deserves.”  -Chetann Kishor Patel.

In a world that often looks away, Chetann Kishor Patel looks closer.

Advertisement

Where systems hesitate, he proceeds. Where animals suffer silently, he speaks loudly and legally.

And in doing so, he is not just illuminating hope. He is enforcing it.

Disclaimer –

This article is a work of original content created for public relations and informational purposes only. It may be published across multiple digital platforms with the full knowledge and consent of the author/publisher. All images, logos, and referenced names are the property of their respective owners and used here solely for illustrative or informational purposes. Unauthorized reproduction, distribution, or modification of this article without prior written permission from the original publisher is strictly prohibited. Any resemblance to other content is purely coincidental or used under fair use policy with proper attribution.

Advertisement
Continue Reading

Business

Morning Bid: Oil’s combustible calm

Published

on


Morning Bid: Oil’s combustible calm

Continue Reading

Business

Domino’s UK profit drops 15% as sales struggle hits FTSE 250 chain

Published

on

Domino's UK profit drops 15% as sales struggle hits FTSE 250 chain

The pizza chain saw underlying profit before tax fall from £107m to £91m, while total orders declined 0.9% in the year to December 2025

A Domino's pizza branch

A Domino’s pizza branch(Image: Getty Images)

Domino’s Pizza has experienced a 15 per cent profit decline as it grappled with lacklustre sales and a “challenging consumer backdrop”.

Advertisement

Whilst overall turnover at the FTSE 250-listed pizza operator rose 1.5 per cent to £1.6bn, the like-for-like figure – excluding variables such as VAT – crept up by just 0.2 per cent in the year to December 2025.

Analysts had sounded warnings that the chain’s new “Chick ‘N’ Dip” range would detract from its core offering, but the company maintains 80 per cent of orders for the new range featured a pizza.

The group’s share price rallied on Tuesday’s market open despite the fall in profits, climbing 3.8 per cent to 193p, taking shares up more than 11 per cent in the year to date.

Domino’s is presently headed by both an interim chief executive and an interim finance director, following the sudden exit of former boss Andrew Rennie in November after merely two years at the helm, as reported by City AM.

Advertisement

Underlying profit before tax tumbled from £107m to £91m, whilst revenue grew by only 3.1 per cent to £685m.

Domino’s launched 31 new outlets in 2025, which was marginally ahead of forecasts, but witnessed total orders drop by 0.9 per cent.

The new launches take the group’s total franchise to 1,399 outlets in the UK and Ireland.

The pizza operator was the UK’s most-shorted business in October last year, as investors such as Blackrock and Citadel wagered that the group would suffer from escalating labour costs and weak consumer confidence. Although the intense speculation surrounding the company has subsided, leaving it as the twelfth-most shorted firm, shares have fallen 34 per cent in the past year.

Advertisement

Dan Lane, analyst at Robinhood, stated that the group will be banking on its new “Chick ‘N’ Dip” menu as it eyes greener pastures in the realm of fried chicken giants KFC and Popeyes.

He said: “We might not be at “peak pizza” but the company will certainly have to find a way to turn innovation into profit growth if it wants to give up its place as one of the most shorted stocks on the UK market.”

Interim chief executive Nicola Frampton stood by the new offerings, stating: “We are excited about a number of strategic and operational initiatives to drive sustainable growth, including the successful system-wide launch of Chick ‘N’ Dip.”

The fried chicken range, which Domino’s outgoing chief executive had labelled as a “bold new chapter,” will be followed up by a “pipeline” of new products, Frampton confirmed.

Advertisement
Continue Reading

Business

Thailand Visitors Keep an Eye on Weakening Thai Baht Against US Dollar

Published

on

Economic and Monetary Conditions for January 2026

Foreign tourists in Thailand are monitoring the Thai baht’s decline against the US dollar, which impacts their spending. A weaker baht enhances their purchasing power amidst global economic uncertainty.


Key Points

  • Foreign tourists are monitoring the Thai Baht’s depreciation against the US Dollar, which opened at 31.77 per dollar, down from 31.60. Analysts expect the currency to fluctuate between 31.55 and 31.95 as global economic conditions evolve.
  • The weaker baht benefits tourists, enhancing their purchasing power for hotels, food, and entertainment. Analysts attribute the baht’s decline to a strengthening US dollar fueled by rising Treasury yields and robust US economic data.
  • Market observers anticipate upcoming US labor market figures could impact interest rate expectations and the dollar’s value, while ongoing geopolitical tensions contribute to currency volatility, prompting continued attention from Pattaya visitors.

Currency Movements and Tourists’ Spending Power

Foreign tourists in Thailand are closely monitoring the recent weakening of the Thai baht against the US dollar, a trend fueled by global financial uncertainties. As the baht opened at 31.77 per dollar, down from 31.60, many visitors are keenly aware of how this affects their purchasing power in areas like hotels, restaurants, and nightlife. Analysts predict the baht will fluctuate between 31.55 and 31.95 in the coming days, influenced by ongoing economic data and geopolitical situations. A weaker baht generally translates to greater spending power for tourists, especially from regions like Europe and North America.


Implications of Economic Trends

The challenges facing the baht can be attributed to a stronger US dollar, bolstered by factors such as increasing US Treasury yields and robust economic indicators. Investors are adjusting their expectations regarding the Federal Reserve’s interest rate decisions, which enhances the dollar’s position.

Additionally, falling gold prices and heightened global uncertainties linked to geopolitical tensions are pressuring regional currencies, including the baht. Despite this depreciation, market analysts anticipate that the baht’s decline may be gradual, with traders actively engaging when it nears key resistance levels of 31.85 and a psychological mark of 32.00 per dollar.

Effects on Tourism in Thailand

For Thailand’s vibrant tourism sector, currency fluctuations hold significant importance. A slight depreciation of the baht can stimulate spending among tourists, resulting in greater engagement with local services and attractions. As they navigate uncertainty in global markets, visitors from various backgrounds will likely remain vigilant about the baht’s movements against the dollar.

Advertisement

Continue Reading

Business

50 government-funded 4G mast upgrades go live across Wales under Shared Rural Network programme

Published

on

50 government-funded 4G mast upgrades go live across Wales under Shared Rural Network programme

Fifty government-funded mobile mast upgrades have now been activated across Wales as part of the UK’s Shared Rural Network (SRN) programme, marking a significant milestone in efforts to improve digital connectivity in some of the country’s most remote communities.

The newly upgraded masts form part of a wider national rollout designed to expand reliable 4G coverage to rural areas that have historically struggled with weak or inconsistent mobile signals. Across the UK, a total of 119 masts funded through the initiative are now live, helping to extend coverage to towns, villages, national parks and major road routes that previously experienced patchy service.

The latest upgrades have been delivered by enhancing existing infrastructure rather than constructing entirely new sites, allowing communities to benefit from stronger mobile coverage while limiting the environmental and planning challenges associated with building additional towers. As a result, residents, visitors and businesses across rural Wales can now access more reliable connectivity without significant changes to the surrounding landscape.

Communities benefiting from the latest phase of the rollout include Ysbyty Ifan, Pentrefoelas, Capel Celyn, Painscastle, Hay-on-Wye, Llanigon, Tregoyd, Doly-y-Gaer, Clwydyfagwyr, Pontsticill, Torpantau, Llanddewi, Dolau, Llandegley, Crossgates and Abbeycwmhir. The improvements also extend into key tourism areas including Eryri National Park and Bannau Brycheiniog National Park, both of which attract millions of visitors each year.

In addition to strengthening coverage in rural settlements, the upgrades provide full 4G access from all four of the UK’s major mobile network operators, EE, Three UK, Virgin Media O2, and Vodafone, across more than 3,400 kilometres of Welsh roads. For many drivers travelling through rural areas, this means improved navigation, communication and access to emergency services in places where signals were previously unreliable.

Advertisement

The Shared Rural Network was first announced in 2020 as a partnership between the UK government and the country’s mobile operators to close the digital divide between urban centres and rural communities. The programme combines £184 million in public funding with more than £500 million of private sector investment from mobile network providers to expand nationwide coverage.

Since the initiative began, 4G coverage from all four operators has expanded significantly, rising from around 66 per cent of the UK’s landmass to approximately 81 per cent. According to programme operator Mova, the expansion represents an area roughly equivalent to the combined size of Wales and Northern Ireland.

Ben Roome, chief executive of Mova, said the Welsh milestone demonstrates the power of collaboration between government and industry in addressing longstanding connectivity gaps.

“Upgrading 50 EAS masts in Wales shows the strength of a shared, neutral programme,” he said. “Every site benefits every operator, every community and every mobile user. Together they represent practical steps toward fairer, more resilient connectivity across rural Wales.”

Advertisement

Improved connectivity is expected to deliver a range of economic and social benefits, particularly for rural businesses and tourism operators that increasingly rely on mobile access for digital services. Reliable 4G coverage can support online bookings for hospitality businesses, enable farmers and rural enterprises to use cloud-based tools, and allow residents to access services such as banking, healthcare and education platforms more easily.

The milestone has also been welcomed by the UK government. Jo Stevens said that improving mobile coverage is an essential part of supporting economic growth and opportunity across rural communities.

“Access to fast and reliable mobile coverage is increasingly important for residents, businesses and community organisations in rural communities all over Wales,” she said. “Hitting this milestone is an important step in our mission to grow the Welsh economy, supporting businesses to succeed and creating opportunities in every corner of Wales.”

Nationwide, the Shared Rural Network programme has already delivered improved connectivity to an additional 280,000 premises and more than 16,000 kilometres of roads. The upgrades focus largely on so-called Extended Area Service masts, which were originally designed to provide coverage from a single operator but are now being modernised so that customers from all networks can benefit.

Advertisement

Further upgrades are planned as the programme continues over the coming years, with the goal of ensuring that even the UK’s most remote communities can access reliable mobile connectivity. For many parts of rural Wales, the activation of these latest sites represents a meaningful improvement in everyday digital access, helping to ensure that residents and businesses are no longer left behind in an increasingly connected economy.


Jamie Young

Jamie Young

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting.
Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops.

When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.

Advertisement
Continue Reading

Business

Stellantis taps Toyota, Bosch suppliers for hybrid tech for Jeep

Published

on

Stellantis taps Toyota, Bosch suppliers for hybrid tech for Jeep

2026 Jeep Cherokee.

Courtesy: Stellantis

DETROIT — Jeep maker Stellantis is leaning on technologies from automotive suppliers for its newest hybrid SUVs as the market for more fuel-efficient vehicles is expected to continue growing, CNBC has learned.

Advertisement

The trans-Atlantic automaker’s first-ever Jeep hybrid SUV for North America, its recently launched Cherokee, features a system from a Toyota-backed company called Blue Nexus, while its upcoming extended-range electric vehicles, or EREVs, are utilizing major technologies from Bosch, the world’s largest automotive supplier.

It’s not uncommon for automakers to use components from suppliers, but it’s less common for key systems or technologies, especially ones pioneered by a competitor like Toyota.

But Stellantis’ push is a prime example of broader market shifts away from all-electric vehicles and a way carmakers can more quickly get hybrid vehicles — which have been increasingly in demand even before oil prices spiked — to market, potentially at a lower capital cost. Many automakers have already lost billions of dollars due to massive spending on EVs, including developing and producing many of the technologies themselves.

The Jeep Cherokee, which is using Blue Nexus’ two-motor electric continuously variable hybrid transmission, and the upcoming Jeep Grand Wagoneer EREV are major launches for the automaker this year, especially as it attempts to regain market share in the U.S. Stellantis also plans to use the EREV system on its Ram pickup trucks.

Advertisement

“Electrification trends are pretty flat. Hybrid trends are absolutely growing,” Richard Cox, Jeep senior vice president of brand operations, told CNBC during a recent media event for the 2026 Cherokee. “So I think it was a big move in the right direction.”

Officials with Stellantis and the auto suppliers declined to comment on the tie-ups, but sources with each of the companies who weren’t permitted to speak publicly about the partnerships confirmed the details to CNBC.

Both hybrid systems operate differently. The Cherokee is more of a traditional hybrid vehicle, much like many of Toyota’s models, including the Prius.

The upcoming EREVs, meanwhile, drive like all-electric vehicles until an engine kicks in and works as a generator to power the vehicle’s electric motors when the vehicle’s battery is depleted. The engine powers the electric motors rather than the vehicle itself.

Advertisement

Both hybrid systems use Stellantis engines and have been integrated to meet the company’s own standards and driving dynamics, according to two sources with the automaker.

Both systems are also expected to significantly improve the fuel economy of the vehicles, including the Cherokee, that at 37 mpg combined is the most fuel-efficient, non-plug-in Jeep ever produced for the U.S.

“Consumers have been accepting of [full-hybrid electric vehicle] technology due to improvements in fuel economy, [a] wide portfolio of vehicles to choose from, and as they do not require lifestyle changes to benefit from the system,” said Eric Anderson, S&P Global Mobility associate director of Americas light vehicle powertrain forecasting.

From EVs to hybrids

Stellantis and other automakers invested billions of dollars in recent years to develop all-electric vehicles to meet federal regulations and unsubstantiated consumer demand, but most have pulled back on those investments and are eyeing hybrids to increase the fuel economy of vehicles and meet customers’ expectations.

Advertisement

Stellantis last month disclosed $26 billion in charges related to its EV plans, while its crosstown Detroit rivals also have announced write-downs. Ford Motor said it would record $19.5 billion in special charges as it pulls back on EV plans, while General Motors said its write-down would be $7.6 billion due to its EV changes.

Ram 1500 extended range hybrid pickup, set to come to market in early 2026, will have the longest driving range the company has ever offered in a light-duty truck, up to 690 total miles between its gas engine and battery power.

Ram | Stellantis

Peter Tadros, president of Bosch’s North America power solutions, said the auto supplier has received an influx of inquiries into its hybrid systems as automakers look to pivot away from EVs and get to market quickly, with a reliable system and partner.

Advertisement

“There’s definitely a very big interest in these systems,” he told CNBC. “What’s been very apparent over the last few years is hybrid sales have increased regardless of what’s in the regulations, regardless of the political leaning. It’s been a consistent increase in the market.”

Led by Toyota, sales of hybrids in the U.S. have increased from 7.3% of the market in 2023 to 12.6% last year, according to S&P Global Mobility. That compares with sales of all-electric vehicles during that time rising from 7.5% to 8%. 

S&P Global Mobility expects hybrid electric vehicles to account for 18.4% of U.S. sales this year, while all-electric vehicles are forecast to be 7.1%.

Tadros declined to comment on any relationship with Stellantis, citing company policies, but said it’s common for Bosch to work closely and partner with automakers to launch new vehicles and products.

Advertisement

“There is no one silver bullet, and everybody’s coming at it from a different direction,” he said. “It depends on each [automaker], where their strength, where their capital equipment, is and how they best utilize it, and this is their starting point.”

Bosch offers what the industry refers to as “off the shelf” components, which the company then integrates with each automaker’s particular use case. Other than EREV, Bosch also offers components for more traditional hybrids as well as plug-in hybrid electric vehicles that operate similar to EREVs but drive more like traditional gas-powered vehicles rather than EVs.

Toyota tech

Stellantis, more than some other automakers, has a history of teaming up with others in the industry to reduce research and development costs and capital. It has a long-standing partnership with German auto supplier ZF for transmissions and axle systems.

“They’ve often relied on supplier partners for things like that,” said Sam Abuelsamid, vice president of market research at communications and advisory firm Telemetry. “The benefit is, you can take something that has perhaps already been invested in, developed by a supplier. Take something off the shelf, you potentially bring it to market more quickly.”

Advertisement

Abuelsamid said downsides include the parts potentially not integrating perfectly with vehicle systems and a company not having control over the supply chain of key components.

In the 2000s, as the Toyota Prius was gaining traction in the U.S., the Japanese automaker cut deals with Ford and Nissan Motor to license or use certain hybrid technologies for their vehicles. But those deals and the vehicles that were produced from them, such as Ford Escape and Nissan Altima hybrids, did not last long.

Blue Nexus is a joint venture established in 2019 between Japanese automotive suppliers Denso and Aisin, which are both part of Toyota Motor’s parent group. It sells electrified components such as electronic axles, or e-axles, and hybrid systems such as the Toyota Hybrid System II, which includes the two-motor electric continuously variable hybrid transmission the Jeep Cherokee is using.

A representative from Blue Nexus could not be reached for comment. Toyota, Denso and Aisin declined to comment or did not respond for requests to comment.

Advertisement
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Continue Reading

Trending

Copyright © 2025