Overview

Dashboard News

finma investigates swiss fund management over questionable bond transactions

The Financial Market Authority is conducting enforcement proceedings against Swiss Fund Management AG, linked to questionable transactions involving illiquid bonds associated with investor Marco Garzetti. The investigation, initiated in May 2024, revealed that over a third of fund units were sold to clients of BZ Berater Zentrum AG, raising concerns about potential harm to those clients. Garzetti, who previously attempted to acquire GAM, has challenged the investigation's oversight in court, but the ruling mandates that Swiss Fund Management cover the full investigation costs.
Tippinpoint.ch
Swiss Franc Grant Thornton AG Liontrust Balanced Fund GAM, Antonio Gheller Taure Invest AG CHE FRA Marco Garzetti Beat Schmid Xavier Niel Show more
Regulatory & Legal, News Article
05:57 05.12.2024

Volvo Plugin Vehicle Sales Surge 40 Percent Reaching 48 Percent of Global Sales

Volvo's plugin vehicle sales surged by 40% year-over-year in November 2024, making up 48% of its global sales, with fully electric cars accounting for 21%. In Europe, plugin sales rose by 39%, representing 65% of the company's sales there, while the US saw a 5% increase and China experienced an 8% decline, yet still held 39% of Volvo's sales.
CleanTechnica
United States Dollar Volvo AB GEELY AUTO CHN
Technology & Innovation, Market Report
05:55 05.12.2024

Revolutionizing Energy Storage with Invinity's Advanced Vanadium Flow Batteries

Invinity Energy Systems is set to install six vanadium flow batteries across rural electric cooperatives in the U.S. as part of a long-duration energy storage initiative supported by the Energy Department. These batteries, designed for high-volume applications, promise to enhance energy independence and address the growing demand for renewable energy storage, particularly in areas facing permitting challenges due to fire risk and noise concerns. The new ENDURIUM™ flow battery offers significant advantages over lithium-ion technology, including non-degrading chemistry and extended discharge durations.
CleanTechnica
United States Dollar Invinity Energy Systems plc GBR Show more
Technology & Innovation, News Article
05:53 05.12.2024

EIH Limited Reports Strong Q2 Growth Driven by Rising Occupancies and Rates

EIH Limited reported strong Q2 results, showcasing double-digit growth in revenue per available room (Rev Par) driven by higher occupancies and average room rates. The medium-term outlook remains positive, with demand expected to outpace supply, supported by a robust inventory addition pipeline. Despite valuations being on the higher side, the industry up-cycle is anticipated to sustain.
Moneycontrol
Indian Rupee EIH Limited IND
Finance & Economy, Market Report
05:53 05.12.2024

HMC Capital's Strategic Move into Renewable Energy Sparks Mixed Market Reactions

HMC Capital's share price rose nearly 2% following its strategic acquisition in renewable energy, reflecting the increasing demand in this sector. While market reactions are mixed, with some analysts advising caution due to potential volatility, the company's focus on renewable energy and data centres positions it for long-term growth despite the challenges ahead.
IG
HMC Capital Limited
TradFi, Market Report
05:53 05.12.2024

Duke Energy Transitions from Coal to Large Scale Battery Storage Solutions

Duke Energy is set to replace the aging Allen Steam Station, a coal-fired plant, with a significant investment in battery storage, including a 50 MW/200 MWh system by 2025 and a larger 167 MW/668 MWh system by 2027. This transition aims to enhance reliability while reducing carbon emissions, as the utility also incorporates natural gas and solar power into its energy mix. The move reflects a broader trend in the utility industry towards cleaner energy solutions, driven by the need for efficient and sustainable power sources.
CleanTechnica
United States Dollar Duke Energy Corp Toyota Motor Corp USA Bill Norton
Regulatory & Legal, News Article
05:53 05.12.2024

Transforming Healthcare: Embracing Technology and Equity for a Sustainable Future

In 2024, healthcare experts emphasized the urgent need for policy reforms to address disparities between urban and rural healthcare, focusing on equity, geriatric care, and environmental sustainability. The integration of technology, including telehealth and AI, is set to transform patient care, while financial challenges persist, prompting calls for increased government funding and a more robust healthcare workforce. As the landscape evolves, a holistic approach prioritizing accessibility and sustainability is essential for improving health outcomes across demographics.
Healthcare Radius
Adi Arogyam Hospital Cytecare Hospitals Ltd. IND Baldev Raj Mahajan Sujit Chatterjee Jasdeep Singh Vikram Shah Suresh Ramu Show more
Healthcare, Transcript
05:50 05.12.2024

Nifty IT Index Gains Over 1 Percent on Positive US Economic Outlook

The Nifty IT index rose over 1% in early trade on December 5, buoyed by positive comments from Federal Reserve Chair Jerome Powell regarding US economic growth. All 10 constituents, including Persistent Systems and L&T Technology Services, saw gains, with Persistent's shares up over 2% after CLSA raised its target price significantly. Bank of America highlighted key trends shaping the IT sector's future, including a recovery in the BFSI sector and a rebound in cloud spending, while artificial intelligence is expected to positively impact the industry by 2025.
Moneycontrol
United States Dollar Mindtree L&T Technology Services Limited Persistent Systems Limited USA IND Jerome Powell Donald Trump Show more
Finance & Economy, Market Report
05:49 05.12.2024

Divi's Labs Shares Drop as US Court Allows Generic Entresto Launch

Divi's Laboratories Ltd's shares fell nearly 3% on December 5, trading at Rs 6,078.6, after a US court ruled that Novartis could not block MSN Pharmaceuticals from launching a generic version of its heart drug, Entresto. The court upheld a previous decision that Novartis was unlikely to win a patent lawsuit against MSN, paving the way for the first US generic of the drug. Divi's Labs has a contract with Novartis for the drug, and its market capitalization stands at Rs 1.6 lakh crore.
Moneycontrol
United States Dollar DIVI'S LABORATORIES LTD Novartis AG MSN Pharmaceuticals IND USA Show more
Regulatory & Legal, Market Report
05:46 05.12.2024

PG Electroplast Stock Soars After Launching Rs 1500 Crore QIP

PG Electroplast shares surged over 17% in the past week, hitting a record high of Rs 820.75 after launching a Qualified Institutional Placement (QIP) to raise up to Rs 1,500 crore. The QIP, priced at Rs 705.18 per share, will lead to a 6.7% equity dilution, with funds allocated for working capital and loan repayment.
Moneycontrol
Indian Rupee PG Electroplast Limited IND
Finance & Economy, Market Report
05:36 05.12.2024
Trending
Subcategory:
Stock Market Updates Industry Trends Corporate News Banking Regulations European Securities and Markets Authority Global Financial Events Finance Mergers & Acquisitions Market Analysis and Predictions Central Bank Actions Supply Chain Management Retail and Consumer Goods Industry Mergers & Acquisitions Inflation and Monetary Impact Cryptocurrency Trends Cryptocurrency Markets CEO Changes Corporate Social Responsibility Foreign Exchange Rates Real Estate Investments Workplace Trends
Countries:
USA CHE CHN DEU FRA SGP GBR SWE TWN HKG KOR AUS ARE MYS NZL ITA ESP JPN LUX LIE
Companies:
Apple Inc. Spotify Technology S.A. Michelin Credit Suisse High Yield Bond Fund, Inc. Samsung Biologics Co.,Ltd. SAP SE Tesmec S.p.A. UBS AG UBS Group AG SentinelOne, Inc. Taiwan Semiconductor Manufacturing Co Ltd JPMorgan Chase & Co. Coinbase Global, Inc. Berner Kantonalbank AG Basellandschaftliche Kantonalbank Continental AG Continental Aktiengesellschaft SIEMENS HEALTHINEERS LENOVO GROUP CrowdStrike Holdings, Inc.
Currencies:
United States Dollar Euro Swiss Franc Chinese Yuan British Pound Sterling New Zealand Dollar Australian Dollar Singapore Dollar Indonesian Rupiah New Taiwan Dollar South Korean Won Vietnamese Đồng Danish Krone Canadian Dollar Malaysian Ringgit
People:
Donald Trump David Lesne Joe Biden Graham Doyle Zuzanna Pusz Chris Sanders Karen Freifeld Doina Chiacu Alan Estevez Amber Liu Justin Sun Stewart Taylor Carsten Spohr Manik Narain Michael Briest Eva Dou Sergio Ermotti Jelle Sels Will Mccurdy Joe McCann

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