Indian Retail Traders Lose $12 Billion Trading Equity Options
Nine out of 10 mom-and-pop investors suffered losses, the study published on Monday by the Securities and Exchange Board of India found. Retail investors had lost 748.12 billion rupees in the financial year ended March 2024, the study showed.
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Yahoo
37 minutes ago
- Yahoo
Chinese port achieves first-of-its-kind transfer that could revolutionize maritime trade: 'Significantly cheaper than land transport'
Chinese port achieves first-of-its-kind transfer that could revolutionize maritime trade: 'Significantly cheaper than land transport' A cargo transfer milestone has been reached at a Chinese port. But the haul wasn't typical products, but rather, air pollution. It's a fascinating achievement that could provide shipping with another revenue stream, astoundingly from ship exhaust, according to the Maritime Executive. Evergreen's 152,300-deadweight-ton Ever Top was retrofitted last year with tech to capture carbon dioxide from exhaust, lassoing nearly 80% of emissions with a nearly 100% purity. The stored fumes can then be sold at a profit for other uses, per ME and Interesting Engineering. The transfer happened on June 19 at the Port of Shanghai thanks to special onboard equipment, including absorption and regeneration modules, compression refrigeration, and storage. Past efforts that used trucks and tanks to offload the CO2 were more complicated. In Shanghai, a barge vessel called De Jin parked alongside Ever Top to complete the move, heralded by Chinese officials as a novel effort, ME reported. "For scaled operations, ship-to-ship transfer offers clear advantages. It is significantly cheaper than land transport and much more efficient," project manager Du Mingsai said in IE's story. The retrofit cost about $10 million. But reports indicated the expense can be more than recouped within two years by selling the stored carbon. ME said that experts estimated ships could make an amazing $8 million a year from selling tailpipe gases. Drax Group, a United Kingdom renewable energy company not involved with the project, listed numerous product uses for captured carbon. Sneakers, furniture, cleaner concrete, and even alternative metal were some of the ones noted. The push to capture carbon comes from efforts within the sector to reduce heat-trapping air pollution that is warming the atmosphere and oceans. The National Oceanic and Atmospheric Administration reported that around 91% of the excess heat produced on Earth is absorbed by the oceans. Coral bleaching, sea level rise, and other problems are linked to the warming waters, per the agency. The European Federation for Transport and Environment reported that the sector produces about 3% of global CO2 fumes, which is expected to grow by half by 2050 if "stringent measures are not taken." New-age sails, kites, and hydrogen fuel are some other options being harnessed to cut the use of dirty energy in maritime travel. But ME reported that the Ever Top retrofit costs less than a new vessel or an alternative fuel conversion. "From onboard storage to mobile transfer and reuse, the milestone gives Shanghai a full-chain ecosystem for maritime carbon capture. It also positions the city as a global model for cutting shipping emissions and sets a new benchmark for the industry's green transition," IE's Neetika Walter wrote. Do you worry about air pollution in your town? All the time Often Only sometimes Never Click your choice to see results and speak your mind. But not all of the headlines coming from the Far East seas are squeaky clean. CBS News reported that China is using so-called "dark" vessels to transfer dirty oil between ships as the country continues to buy the fossil fuel from heavily sanctioned Iran. The ships have disabled their transponders, making them tough to ID. China buys 90% of Iran's oil and calls the transactions legitimate, all according to CBS. Staying informed about key environmental issues can help you judge if efforts happening at home and around the world are legitimately meeting sustainability goals. Sometimes companies and countries tout big projects with little actual progress. Choosing cleaner travel options can also make a difference. Public transportation is a way to curb pollution. Every mile traveled via public means instead of driving cuts about a pound of heat-trapping fumes. The move can also save you serious cash in your transportation budget. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet. Solve the daily Crossword
Associated Press
an hour ago
- Associated Press
Faruqi & Faruqi Reminds Centene Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 8, 2025
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Centene To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Centene between December 12, 2024 and June 30, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - August 17, 2025) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Centene Corporation ('Centene' or the 'Company') (NYSE: CNC) and reminds investors of the September 8, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. [ This image cannot be displayed. Please visit the source: ] Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Centene's enrollment and morbidity rates. Investors began to question the veracity of defendants' public statements on July 1, 2025, when Centene issued a press release withdrawing 2025 guidance. Particularly, following an analysis of the 2025 Health Insurance Marketplace, Centene's overall market growth across 22 states, or 72% of the Company's marketplace membership, was lower than expected. In pertinent part, the Company stated that this preliminary analysis resulted in a reduction of its previously issued guidance to approximately $1.8 billion or an adjusted diluted EPS of $2.75. Following this news, Centene's common stock declined dramatically, from a closing market price of $56.65 per share on July 1, 2025, Centene's stock price fell to $33.78 per share on July 2, 2025, a decline of 40.4%. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Centene's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Centene Corporation class action, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit
Associated Press
an hour ago
- Associated Press
This Summer's Next Trend? Stationery, Says Yiwugo
YIWU, China, Aug. 17, 2025 /PRNewswire/ -- the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. Big data from Yiwugo shows that, as of August 12, 2025, demand in the 'office and study supplies' sector had been on a steady rise, climbing to 14th place among all categories. Traditionally a stable segment of the consumer goods market, stationery has seen a notable surge in the past 30 days, driven by the approaching back-to-school season in both China and overseas. Many Yiwugo merchants report a buying wave for office essentials and cartoon-themed stationery. Jiangsu Dehuang Stationery Co., Ltd., with nearly 30 years of experience, boasts industry-leading design, R&D, and manufacturing capabilities. Over the years, it has established itself as a trusted supplier to both domestic and international brands. According to owner Wang Xiaohua, the company collaborates with renowned names such as Germany's Staedtler, Faber-Castell, and Pelikan, along with France's Maped and several leading Chinese brands. Its product line includes correction tools, sticky notes, and art crayons. Since early summer, demand from European customers for art-related products has soared, with average monthly purchases nearing RMB 1 million. The French market, in particular, has experienced a notable upswing, fueled by a wave of new customers introduced through Yiwugo. Major general merchandise chains in Japan, Europe, and the U.S. have expressed strong satisfaction with Dehuang's sticky notes, citing their exceptional paper durability, absence of fluorescent agent reactions, and outstanding adhesive stability—qualities that have translated into substantial annual orders. Wang noted that Dehuang's commitment to quality begins with the careful selection of premium raw materials and extends to the acquisition of both domestic and international certifications. Each year, the company undergoes rigorous brand-partner audits on plant design, technology, and supply capabilities. For instance, the production of correction fluid requires not only eco-friendly materials but also exceptional sealing performance. Factoring in production and transportation cycles, manufacturing a single bottle of Dehuang correction fluid costs about 1.5 times more than typical market alternatives—yet its shelf life is five to six times longer. This is a key reason for the company's consistently high customer retention rate. Unlike Dehuang, which has spent three decades building its reputation on quality, Yuanchang Stationery has distinguished itself through its distinctive design. According to proprietor Wu Chenjie, many customers have been sourcing office supplies via Yiwugo recently, with cartoon-themed staplers emerging as bestsellers. Models shaped like pandas, airplanes, and propellers have seen particularly strong demand. One European client, who initially ordered only a few hundred units of each model, quickly multiplied their orders severalfold after successful trial runs—yet demand still outpaced supply. Today, whenever Yuanchang introduces a new product, this client immediately places large orders; just this month, they purchased another shipment of cartoon staplers. As Wu pointed out, since 2023 Yuanchang has partnered with multiple design agencies to blend charm with functionality. The first major success from these collaborations—the panda stapler series—has become an overseas bestseller, now shipping more than 50,000 units each month. In recent months, Disney-themed stationery sets have been especially popular in Southeast Asia. After securing Disney licensing, Yuanchang has curated stationery collections tailored to different markets, with monthly orders reaching around 500,000 units. Currently, Yuanchang is busy fulfilling orders from a German retail chain. Through Yiwugo, the company has connected with a growing network of high-quality customers. Wu explained that their R&D team draws on both domestic and international feedback collected via the platform to refine their products, enhancing not only quality but also their playful appeal. Thanks to Yiwugo's outreach and promotion, an increasing number of premium Chinese brands—such as Dehuang—are gaining wider recognition in global markets, enabling outstanding domestic products to shine both at home and abroad. View original content to download multimedia: SOURCE
