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Indian IT stocks surge as Trump win fuels outsourcing and spending optimism

India's IT stocks are experiencing a notable rally, with a 7% increase in November, driven by expectations of a stronger dollar and increased tech outsourcing following Donald Trump's election. This sector is outperforming others amid weak earnings and significant foreign outflows, as demand from overseas clients improves and potential corporate tax cuts in the U.S. boost technology spending. The performance reflects a shift in fortunes for exporters influenced by Trump's early policy signals, including proposed tariffs on goods manufacturers.
Moneycontrol
United States Dollar Infosys Ltd Tata Consultancy Services Limited The Goldman Sachs Group Inc IND USA Sunil Kaul Donald Trump Show more
Finance & Economy, Market Report
09:04 29.11.2024

Ghana prepares for crucial elections amid economic recovery concerns

Ghanaians will head to the polls on December 7 to elect a new president and parliament. Investors are closely monitoring the election, as the outcome will significantly influence the direction of an economy that is recovering from a debt default.
reuters.com
Ghanaian Cedi Reuters GHA
Finance & Economy, News Article
09:04 29.11.2024

eClinicalWorks launches innovative AI solutions to enhance healthcare efficiency and patient care

eClinicalWorks has launched several AI-driven healthcare innovations, including AI for Revenue Cycle Management and healow Genie, a 24/7 patient support contact center. These advancements aim to enhance provider efficiency, reduce administrative burdens, and improve patient care, contributing to the company's projected $1 billion revenue in 2024. Serving over 180,000 providers, eClinicalWorks and its partner Healow focus on redefining healthcare through technology and AI solutions.
thehealthcaretechnologyreport.com
eClinicalWorks Healow USA
Technology & Innovation, Press Release
09:00 29.11.2024

jlabs singapore empowering early-stage biotech companies through collaboration and mentorship

JLABS Singapore, in collaboration with the Singapore Economic Development Board, is accelerating early-stage bioscience innovations, having onboarded 35 companies in its first year. The incubator focuses on precision medicine and has seen notable successes, including VerImmune's $4.5 million funding and Vivo Surgical's WIPO Global Award. With a robust ecosystem and strong investor relations, JLABS aims to transform healthcare solutions in Asia.
biospectrumasia.com
Johnson & Johnson SGP USA CHN KOR THA JPN Yen Choo Alessandro Falcone Show more
Technology & Innovation, Press Release
09:00 29.11.2024

veterinary healthcare for livestock animals market trends and growth opportunities forecast

The Veterinary Healthcare For Livestock Animals market is poised for significant growth, driven by strategic collaborations, product innovations, and technological advancements among key players like Zoetis and Merck Animal Health. Comprehensive research highlights market dynamics, opportunities, and challenges across various regions, aiding stakeholders in informed decision-making. The report also details market segmentation by animal type, product type, and distribution channels, projecting trends up to 2032.
openPR.com
Bayer Animal Health GmbH IDEXX Laboratories, Inc. Virbac SA Vetoquinol S.A. Boehringer Ingelheim Animal Health GmbH Ceva Animal Health Heska Corporation Dechra Pharmaceuticals plc Zoetis Inc. MWI Veterinary Supply Merck Animal Health Elanco Animal Health Inc USA CAN MEX DEU FRA GBR RUS ITA CHN JPN KOR IND BRA ARG COL SAU ARE EGY NGA ZAF Show more
Healthcare, Market Report
08:59 29.11.2024

adani green shares surge amid legal challenges and investor sentiment recovery

Adani Green Energy shares surged 19% as the Adani Group rebounded amid ongoing U.S. legal challenges, following a statement refuting bribery allegations against chairman Gautam Adani. The stock has recovered significantly since a sharp decline in November, reflecting cautious investor sentiment despite the indictment for alleged bribery and fraud. Analysts suggest that the group's strong government backing and liquidity may mitigate the impact of these legal issues on its growth prospects.
CNBC
United States Dollar TotalEnergies SE IND Gautam Adani Sagar Adani Show more
Regulatory & Legal, News Article
08:58 29.11.2024

Karnataka approves funding for Bengaluru suburban rail coach purchase

The Karnataka Cabinet has approved Rs 2,135 crore for the purchase of 306 train coaches for the Bengaluru suburban railway project, which has an estimated total cost of Rs 4,300 crore. The state will cover 50% of the costs, with the Union government funding the remainder. K-RIDE plans to introduce metro-like AC coaches, with Corridor C2 expected to be operational by December 2026 and Corridor 4 by December 2027.
Moneycontrol
Indian Rupee Karnataka Rail Infrastructure Development Enterprises (K-RIDE) IND H. K. Patil
Finance & Economy, News Article
08:57 29.11.2024

BSE alters F&O expiry cycle to reduce volatility and enhance capital efficiency

BSE is set to change the expiry days for derivative contracts of Sensex, Bankex, and Sensex 50 starting January 1, moving weekly expiries to Tuesday and monthly expiries to the last Tuesday of the month. This shift aims to reduce volatility and free up capital for traders, allowing for greater flexibility in reinvesting and trading throughout the week. Experts believe this change will enhance trading activities by alleviating the concentration of expiries on consecutive days.
Moneycontrol
United States Dollar BSE IND
Finance & Economy, Market Report
08:54 29.11.2024

japanese inflation impacts currency markets as euro and dollar decline

EUR/JPY and USD/JPY have declined due to rising inflation in Japan, which heightens the possibility of a Bank of Japan rate hike. Meanwhile, AUD/USD is recovering from its November low, with resistance levels noted at ¥161.49-¥162.45 for EUR/JPY and ¥151.95 for USD/JPY.
IG
Australian Dollar Japanese Yen Euro United States Dollar JPN
TradFi, Market Report
08:50 29.11.2024

global it spending in healthcare market analysis and forecast to 2031

The global IT spending in healthcare market is projected to reach USD xx.x billion by 2031, with a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market analysis highlights key drivers, competitive landscape, and segmentation by component, material, and end-users, providing insights into growth opportunities and challenges. Major players include Optum, Cerner, and IBM, among others.
openPR.com
United States Dollar Optum Cerner Cognizant Change Healthcare Inc. Philips Healthcare Epic Systems Dell Technologies Inc. Allscripts GE HealthCare Technologies Inc. IBM Athenahealth Inc. Oracle Corporation Conduent Inc Informatica Inc. Tata Consultancy Services Limited Wipro Limited Edwyne Fernandes Show more
Healthcare, Market Report
08:49 29.11.2024
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