AM Best has assigned a Preliminary Credit Assessment (PCA) to Beazley Bermuda Insurance Limited (BBIL), the London-headquartered specialist insurer and reinsurer’s new Bermuda entity.BBIL received a Financial Strength Assessment of A pca (Excellent) and a Long-Term Issuer Credit Assessment of “a+” pca (Excellent), with a stable outlook on the PCA.Readers may recall that alongside its nine-month results in 2025, Beazley unveiled a new Bermuda platform to support growth from 2026.At the time, Beazley announce ...

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Core Viewpoint - The lithium market is showing signs of improvement, positioning Albemarle to capitalize on potential growth opportunities in the coming years [1] Group 1: Earnings and Financial Performance - Albemarle's EBITDA has faced a decline in 2024 and 2025 due to falling lithium prices and a slowdown in EV investment growth [2] - Analysts predict a sharp recovery in earnings post-2025, driven by a recovery in the lithium market and a strategic refocus by management after divesting $660 million in non-core businesses [3] Group 2: Cost Management and Investment - Management anticipates achieving $450 million in cost reductions, exceeding the initial target of $300 million to $400 million, which will support investments in lithium production expansion [4] Group 3: Lithium Price Dynamics - The price of lithium carbonate in China has surged by 51% in the last month and 85% over the past year, indicating a strong recovery in lithium prices [5] - Factors contributing to this price increase include rising energy storage demand, data center needs, and large-scale battery demand [6] - The ongoing strength in the Chinese EV market and stabilization in U.S. and European EV battery investments are expected to further support lithium price improvements [7] Group 4: Market Exposure and Risks - Albemarle's shift towards the spot market for lithium has increased its exposure, with approximately 50% of sales in 2025 occurring at spot prices compared to 33% in 2024 [9] - While this shift increases risk, it also presents significant upside potential for earnings if lithium prices continue to rise through 2026 [10]

Core Viewpoint - MetalSource Mining Inc. has expanded its Silver Hill exploration land package by adding two strategically located properties totaling approximately 97.6 acres, enhancing its exploration capabilities in a historically significant mining area [1][5]. Group 1: Land Expansion Details - The newly added properties include the Hinkle Lands (85.5 acres) and the Adkins Tract (12.07 acres), which are strategically positioned along mineralized trends [4]. - The total area of the Silver Hill Project now encompasses 512.21 acres, with both new properties held under five-year Exploration Licenses with an option to purchase, renewable annually [3][5]. Group 2: Project Significance - The Silver Hill project is located in Davidson County, North Carolina, recognized as America's first silver mine, and is situated on private land in a mining-friendly jurisdiction [5][6]. - The project utilizes modern exploration techniques, including diamond drilling and geophysical surveys, to advance its development [5][6]. Group 3: Geological Insights - The property is underlain by volcaniclastic and volcano-sedimentary rocks of Neoproterozoic and Cambrian age, suggesting a geological connection to the Avalon Terrane [6]. - Historical data indicates mineralization extends to 550 meters from the surface, with recent surface sampling yielding significant results, including 444g/t Ag, 17.7 g/t Au, 8.61% Pb, and 0.507% Zn [6].

In this articleGTECIn this photo illustration portraits of US President Donald Trump and Chinese President Xi Jinping are displayed on computer screen as US flag is seen.Dilara Irem Sancar | Anadolu | Getty ImagesIn 10 days, Donald Trump captured the Venezuelan president, spooked European leaders with talk of annexing Greenland, and imposed 25% tariffs on anyone trading with Iran. The common thread may be America's determination to challenge China and its dominance of critical minerals.By deposing Venezuela ...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has shared that the company will stop offering the Full Self-Driving (FSD) service as a one-time payment in favor of a monthly subscription.Monthly FSD SubscriptionIn a post on the social media platform X late Tuesday, the Tesla CEO shared that the FSD service would not be available with a one-time payment. "Tesla will stop selling FSD after Feb 14," Musk shared. He added that the service will instead only be available FSD will only be available "as a monthly subscript ...

Core Insights - December's inflation report indicated that the Consumer Price Index (CPI) rose 2.7% year-over-year, remaining unchanged from the previous month, which markets viewed as "good enough" but too high for an immediate Federal Reserve rate cut [1] - The Federal Reserve is expected to maintain interest rates at its January 28 meeting, with a 97.2% likelihood of no changes according to CME Group's FedWatch tool [4] Inflation Trends - Core services inflation, excluding housing, known as "super core," softened to 2.76% from previous highs, but the monthly rate is still considered "a bit too hot" [1] - Eric Teal, Chief Investment Officer for Comerica Wealth Management, anticipates inflation will remain between 2.2% and 2.7% [2] Federal Reserve's Position - The Federal Reserve is likely to pause rate adjustments this month, with potential for a cut by April as economic risks shift towards a weakening labor market [2] - Charlie Bilello, Chief Market Strategist at Creative Planning, defends the Fed's decision to keep rates unchanged, emphasizing that rates should be determined by the free market rather than political pressure [3] Political Pressure and Market Dynamics - Bilello warns against political interference in setting interest rates, labeling it as "price fixing," which can lead to misallocated capital and economic instability [4] - The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust ETF (QQQ) both closed lower, reflecting market reactions to the Fed's stance and inflation data [5]

Core Viewpoint - China's oil imports from Venezuela are anticipated to decline starting in February due to a reduction in the number of tankers departing for Venezuela, which is a significant crude supplier to China, following U.S. claims of control over the OPEC producer [1] Group 1 - The expected slump in oil imports is linked to geopolitical tensions and U.S. actions affecting trade dynamics [1] - Venezuela has been a top crude supplier for China, indicating the importance of this trade relationship [1] - The situation highlights the impact of international relations on global oil supply chains [1]

Economic conflicts between major powers are the greatest risk facing the world over the next two years, according to experts polled ahead of next week’s Davos summit.Among 1,300 business leaders, academics and civil society figures surveyed by the World Economic Forum (WEF), “geoeconomic confrontation” was identified as the most pressing threat.These clashes were cited by 18% of respondents. With war still raging in Ukraine, “state-based armed conflict” was the second most-common risk identified at 14%. Ext ...

Quantum Computing Inc. (NASDAQ:QUBT) has drawn renewed investor attention after being tapped as the stalking horse bidder for selected remaining assets of Luminar Technologies as part of the latter's ongoing Chapter 11 process.This comes amid a growing bullish consensus among analysts for the stock, leading to a surge in the company’s Momentum score in Benzinga’s Edge Stock Rankings.Quantum Computing Stock Sees Spike In MomentumThe Momentum score in Benzinga’s Edge Stock Rankings is essentially a sign of st ...