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European Investment Bank Supports Sateliot with 30 Million Euro Loan for Satellites

The European Investment Bank is lending Sateliot €30 million to expand its low Earth orbit network with 16 additional nanosatellites by 2025. The Spanish startup has secured €45 million in a Series B funding round, aiming for a total of €70 million, and plans to deploy 250 satellites for global connectivity, targeting markets like agriculture and mining. Despite funding delays, Sateliot has signed agreements covering nine million devices across 50 countries, projecting over $250 million in annual recurring revenue.
SpaceNews
Euro Endurosat Sateliot Open Cosmos Myriota SpaceXCoin USD OQ Technology AUS GBR BGR ESP LUX Robert De Groot Show more
Technology & Innovation, News Article
07:00 04.12.2024

qatar invests one billion pounds in green technology partnership with uk

Qatar has announced a £1 billion investment in climate technologies in partnership with the UK, aimed at enhancing cooperation in financial services and promoting economic growth. The funds will support start-ups in both nations focusing on energy efficiency, carbon management, and green power. This initiative follows a two-day state visit by the Emir of Qatar to Downing Street, hosted by British Prime Minister Keir Starmer.
Bloomberg.com
British Pound Sterling United States Dollar Qatar Investment Authority 10 Downing Street Ltd. QAT GBR Keir Starmer
Finance & Economy, Press Release
07:00 04.12.2024

EU Pig Slaughtering and Pork Exports Stabilize Amid Mixed National Trends

Pig slaughtering in the EU increased by 0.7% to 146 million from January to August 2024, with pork production rising by 1.9% to 13.9 million tons, indicating a halt in the previous downward trend. Pork exports stabilized at 2.50 million tons, with China reducing its purchases by 7.3%, while significant increases were seen in exports to the Philippines, South Korea, Vietnam, and the USA.
raiffeisen.com
South Korean Won United States Dollar Philippine Peso Euro Chinese Yuan PHL NLD CHN POL DNK JPN KOR DEU AUT USA ITA BEL FRA ESP SVK VNM GBR Joe Biden Show more
TradFi, Market Report
06:59 04.12.2024

ubs raises aroundtown price target to 3.30 euros maintaining neutral rating

UBS has raised its price target for Aroundtown from 2.00 to 3.30 euros while maintaining a "Neutral" rating. Analyst Charles Boissier cites lower capital costs and improved liquidity risks, anticipating the FFO for the year to reach the upper end of previous estimates. However, dividend risks persist, and Aroundtown remains heavily short-sold, with profit distributions expected to resume in 2026.
aktiencheck.de
Euro DEU Charles Boissier
TradFi, Market Report
06:48 04.12.2024

boj sells 10 year bonds to enhance market liquidity

The Bank of Japan has sold a portion of its futures-linked 10-year government bonds to enhance trading liquidity, crucial for hedging against market volatility. As of November 29, its holdings decreased to ¥8.0262 trillion ($53.5 billion) from ¥8.2262 trillion on November 20. This liquidity is vital as these bonds serve as the cheapest-to-deliver securities for the March contract of 10-year bond futures.
Bloomberg.com
United States Dollar Japanese Yen Bank of Japan JPN
Finance & Economy, Market Report
06:40 04.12.2024

China bond rally drives surge in leveraged trading ahead of key meetings

China's bond market is experiencing a historic rally, prompting traders to increase leveraged bets in anticipation of further policy easing amid concerns over potential US tariffs. The volume of overnight repurchase contracts surged to 7.6 trillion yuan (US$ 1.04 trillion) on Tuesday, marking the highest level since August 2023, as traders leverage this popular borrowing tool to capitalize on the ongoing rally in local sovereign bonds.
bloomberg.com
United States Dollar Chinese Yuan Bloomberg CHN USA
Finance & Economy, Market Report
06:37 04.12.2024

livestock healthcare market poised for significant growth driven by disease prevention and technology

The livestock healthcare market is projected to grow from $50.74 billion in 2023 to $79.39 billion by 2028, driven by rising livestock populations, intensifying farming practices, and increasing awareness of zoonotic diseases. Key trends include technological innovations, biosecurity measures, and a focus on animal welfare. Major players in the market include Merck, Zoetis, and Bayer, among others, as they adapt to evolving disease landscapes and consumer demands.
openPR.com
Alltech Inc. Kemin Industries Inc. IDEXX Laboratories Inc Jurox Pty Ltd. Ceva Santé Animale Intas Pharmaceuticals Ltd. Dechra Pharmaceuticals plc Hester Biosciences Limited Phytobiotics Futterzusatzstoffe GmbH Merck & Co., Inc. Elanco Animal Health Incorporated Avivagen Inc. Boehringer Ingelheim International GmbH Vetoquinol SA Bayer HealthCare AG Huvepharma AD Zoetis Inc. Laboratorios Hipra S.A. Vets Plus Inc. Inovet (V.M.D. NV/sa) Delacon Biotechnik GmbH Virbac SA Bimeda Holdings plc Norbrook Laboratories Ltd. BioChek BV Neogen Corporation Anpario plc Alivira Animal Health Limited The Archer-Daniels-Midland Company Phibro Animal Health Corporation Show more
Healthcare, Market Report
06:28 04.12.2024

Dogecoin price analysis shows potential recovery above 0.40 amid selling pressure

Dogecoin (DOGE) has recently fallen below the $0.45 level, currently trading at $0.40. Despite this downturn, technical indicators suggest a potential rise to $0.50 if the 21-day SMA support holds. The cryptocurrency is experiencing sideways movement, with resistance at $0.45 and support at $0.35.
twitter.com/coinidol
Finance & Economy, Market Report
06:25 04.12.2024

ubs faces trial in paris over alleged whistleblower mistreatment

UBS France's head, Régis Turrini, is on trial for allegedly harassing whistleblowers who exposed the bank's role in tax fraud and money laundering. The case involves claims of reduced bonuses and retaliation against former auditor Nicolas Forissier and event specialist Stéphanie Gibaud. If found guilty, UBS could face a fine of up to 75,000 euros, with proceedings expected to continue until mid-next week.
Tippinpoint.ch
Euro FRA Emmanuel Macron Beat Schmid Régis Turrini Nicolas Forissier Show more
Regulatory & Legal, News Article
06:15 04.12.2024

Healthcare Real Estate Sector Shows Resilience Amid Economic Challenges and Opportunities

The healthcare real estate sector is experiencing steady growth despite economic challenges like inflation and interest rate volatility. Industry leaders emphasize a robust financing climate, with private buyers and family offices increasingly active in the market, while outpatient services and health system monetization trends shape future investments. Opportunities may arise from sellers facing capital structure issues amid prolonged high rates.
benefitspro.com
United States Dollar First Citizens BancShares Inc Capital One Financial Corporation CBRE Group, Inc. USA Roman Kupchynsky Steven Reedy Bryan Johnson Jon Buehner Show more
Finance & Economy, Market Report
06:13 04.12.2024
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