Overview

Dashboard News

ubs trading leaders strengthen focus on china during tech market surge

UBS trading leaders are intensifying their focus on China, capitalizing on a tech rally driven by DeepSeek. This strategic move reflects a growing confidence in the Chinese market amid evolving technological advancements.
fnlondon.com
CHN
Finance & Economy, Market Report
13:52 04.03.2025

former credit suisse executives banned after us criminal convictions in scandal

The UK's Financial Conduct Authority has banned former Credit Suisse executives Andrew Pearse and Surjan Singh from the financial services industry following their guilty pleas in the US related to the Mozambique "tuna bond" scandal. The pair accepted bribes totaling approximately $50 million linked to $1.3 billion in loans for state-owned enterprises in Mozambique, which led to significant financial turmoil after the loans were revealed in 2016. Credit Suisse has faced legal repercussions, including a $475 million settlement with authorities and a debt write-off for Mozambique.
Zonebourse
United States Dollar MOZ Andrew Pearse Surjan Singh Gill
Regulatory & Legal, News Article
13:51 04.03.2025

discovery reports strong profit growth and resilient financial performance

Discovery reported a robust 27% increase in normalized profit from operations and a 34% rise in headline earnings, driven by strong performances from Discovery Bank and Health, alongside contributions from its Vitality Composite and Ping An Health Insurance. The company maintains a resilient financial position, focusing on organic growth and technology investments. Analysts recommend a long-term 'buy' with a price target mean of 20034c, although the current share price trades at a premium to this target.
IG
CHN ZAF
Business & Industry, Market Report
13:38 04.03.2025

China's NEV sales drop 5 percent in February despite year-on-year growth

In February, China's wholesale sales of passenger new energy vehicles (NEVs) reached 840,000 units, marking an 82% increase year-on-year but a 5% decline from January. The drop is attributed to the timing of the Chinese New Year holidays, which affected consumer behavior and preferences during the month. Major contributors to sales included BYD with 318,233 units and Tesla with 30,688 units.
CnEVPost
CHN Elon Musk
Business & Industry, Market Report
13:36 04.03.2025

zepto ceo disputes zomato claims on quick commerce cash burn rates

Zepto's CEO, Aadit Palicha, has refuted claims made by Zomato's CEO, Deepinder Goyal, regarding the company's cash burn, stating that the estimated losses of INR 2,500 Cr per quarter are "verifiably untrue." Goyal had suggested a burn rate between INR 2,200 and INR 2,300 Cr. In FY24, Zepto's expenditures rose to INR 5,747.21 Cr, a 72% increase from the previous fiscal year.
StartupNews.fyi
Indian Rupee IND Deepinder Goyal
Business & Industry, Market Report
13:35 04.03.2025

ZTE showcases innovative AI powered 5G solutions at MWC Barcelona 2025

ZTE Corporation showcased its leadership in 5G FWA and MBB at MWC Barcelona 2025, unveiling groundbreaking AI-powered products, including the ZTE G5 Ultra, G5 Max Wi-Fi, and U60 Pro. With a 38% increase in global shipments and partnerships with over 130 operators, ZTE maintains its world No.1 position in the market, emphasizing its GIS product philosophy and commitment to technological innovation.
bastillepost.com
United States Dollar ZTE Corporation CHN ESP
Technology & Innovation, Press Release
13:34 04.03.2025

Warren Buffett exits major S&P 500 ETFs raising investor concerns

Warren Buffett's Berkshire Hathaway has unexpectedly sold its entire holdings in the Vanguard S&P 500 ETF and SPDR S&P 500 ETF Trust, two investments he has long endorsed. This move may reflect concerns about market valuations or a strategic shift towards individual stock selection, despite Buffett's advocacy for the S&P 500 index for average investors. The divestment involved relatively small positions, suggesting a potential portfolio cleanup rather than a significant strategic overhaul.
Yahoo Finance
Berkshire Hathaway Inc. USA Daniel Milks Warren Buffett
Finance & Economy, Market Report
13:34 04.03.2025

ameresco faces downgrades as institutional investors increase stakes in the company

KLP Kapitalforvaltning AS acquired a stake in Ameresco valued at $146,000, while Cetera Trust Company N.A increased its position by 6.9%, owning 6,800 shares worth $160,000. UBS Group downgraded Ameresco from "buy" to "sell," setting a target price of $8.00, indicating a potential downside of 23.95%. Despite a "Moderate Buy" rating from analysts, Ameresco's stock has faced significant fluctuations, with a recent trading price of $10.52, down 10.8%.
MarketBeat
USA Jennifer L. Miller
Business & Industry, Market Report
13:32 04.03.2025

FCA bans former Credit Suisse directors over Mozambique tuna bonds scandal

The FCA has banned former Credit Suisse managing directors Andrew Pearse and Surjan Singh for accepting kickbacks related to fraudulent loans for Mozambique's tuna fishing project. Pearse received over $45 million, while Singh took $5.7 million. This follows their guilty pleas to money laundering and wire fraud charges, and comes after Credit Suisse was fined over £145 million for financial crime failings.
Portfolio Adviser
United States Dollar MOZ Steve Smart Andrew Pearse Surjan Singh Gill Show more
Regulatory & Legal, News Article
13:30 04.03.2025

FCA bans former Credit Suisse executives over corruption and kickbacks

The FCA has banned former Credit Suisse executives Andrew Pearse and Surjan Singh from the UK financial services industry for lacking integrity, following their convictions in the US for arranging corrupt loans to Mozambique. Pearse accepted over $45m in kickbacks, while Singh received $5.7m. The FCA previously fined Credit Suisse £145m for serious financial crime failings related to these loans, which totaled $1.3bn.
financialplanningtoday.co.uk
United States Dollar British Pound Sterling MOZ Andrew Pearse Surjan Singh Gill
Finance & Economy, News Article
13:28 04.03.2025
Trending
Subcategory
Stock Market Updates Corporate News Industry Trends Global Trade Developments Global Financial Events Finance Mergers & Acquisitions Banking Regulations Retail and Consumer Goods Startups & Entrepreneurship Industry Mergers & Acquisitions CEO Changes Market Analysis and Predictions Government Economic Policies Government Policies Inflation and Monetary Impact GDP Growth & Recession Forecasts Central Bank Actions Commodities Domestic Politics Hedge Funds & Private Equity
Countries:
USA CHN GBR CHE IND FRA CAN JPN ESP DEU ITA SGP MEX ARE BRA VNM AUT LIE TWN BEL
Companies:
Barclays PLC JPMorgan Chase & Co. Apple Inc. Tesla, Inc. Banco Santander, S.A. Berkshire Hathaway Inc. The Goldman Sachs Group, Inc. Commerzbank AG Amazon.com, Inc. NVIDIA Corporation Morgan Stanley Lloyds Banking Group plc Bank of America Corporation Wells Fargo & Company Citigroup Inc. SpaceXCoin USD Deutsche Bank Money Market PP Microsoft Corporation Royal Bank of Canada UBS Group AG
Currencies:
United States Dollar Euro British Pound Sterling Swiss Franc Indian Rupee Japanese Yen Chinese Yuan South Korean Won New Taiwan Dollar Canadian Dollar United Arab Emirates Dirham Vietnamese Đồng Danish Krone Indonesian Rupiah Russian Ruble Singapore Dollar Chilean Peso Egyptian Pound Cambodian Riel
People:
Donald Trump Elon Musk Warren Buffett Troy L Rohrbaugh Alex Kramm JD Vance Robin Leopold Pierin Vincenz Carsten Fritsch Ana Botina Jeff Bezos Stacey Friedman Jerome Powell Karoline Leavitt Stefan Rauti Manav Patnaik Jesús Aguado Inti Landauro Mark Zuckerberg Ana Patricia Botin
s

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings