Swiss stock exchange operator SIX has appointed Bjørn Sibbern as CEO, effective January 1, 2025, following the departure of Jos Dijsselhof after seven years. Sibbern, who has extensive experience in capital markets and previously led SIX’s international exchange business, will ensure a smooth transition until the end of February. Under Dijsselhof, SIX underwent significant strategic transformation, including the sale of its card business and the acquisition of the Spanish stock exchange BME.
The Healthcare Data Quality Control System market is poised for significant growth from 2024 to 2031, driven by increasing competition and technological advancements. The comprehensive report analyzes market trends, forecasts, and the competitive landscape, providing insights into key players, regional dynamics, and factors influencing demand. It also includes a detailed examination of regulations and strategic developments shaping the industry.
The Securities and Exchange Board of India (Sebi) has proposed changes to the rules governing angel funds, which could have mixed effects on investors. The consultation paper, released on November 13, targets angel networks that pool investments from ultra-high-net-worth individuals to support early-stage startups, potentially impacting their operations and investment strategies.
Computer chips are essential to the digital economy, powering advancements like generative artificial intelligence. The pandemic's disruption of chip production in Asia exposed vulnerabilities in global supply chains, intensifying competition among superpowers. The US has implemented restrictions to limit China's semiconductor growth, aiming to maintain its leadership in this critical sector.
Paytm's stock has surged to a 13-month high following UBS's target price increase to ₹1,000 from ₹490, while maintaining a 'neutral' stance. Analysts highlight potential growth from improved payment margins and lending operations, despite unresolved regulatory challenges, including the pending payment aggregation license from the RBI. The company reported a net profit of ₹928 crore for Q2FY25, largely due to a gain from selling its ticketing business, yet remains 51.81% below its all-time high of ₹1,955.
07:24 28.11.2024
The National Company Law Tribunal has appointed Satish Kumar Gupta as the liquidator for Jet Airways, following a Supreme Court order for the airline's liquidation. The tribunal directed that the airline be liquidated under the Insolvency and Bankruptcy Code, with efforts to sell it as a going concern within 90 days. If unsuccessful, the liquidator will proceed according to the relevant liquidation regulations.
Ireland heads to the polls on November 29, with center-right parties Fianna Fáil and Fine Gael expected to form the next government amid a budget surplus bolstered by a European Court ruling on Apple. However, concerns loom over potential U.S. tax policy changes under President-elect Trump, which could impact Ireland's appeal to American companies. Housing affordability and homelessness remain pressing issues, with a significant need for new homes projected in the coming years.
Nuvama Institutional Equities has upgraded Wipro to 'Buy' from 'Hold,' raising the target price to Rs 700, citing a favorable portfolio mix and new leadership under CEO Srini Pallia. This upgrade suggests a 20% upside potential for Wipro's shares, which have gained 20% year-to-date, outperforming the Nifty 50. The brokerage anticipates a revival in discretionary spending, benefiting Wipro following recent macroeconomic improvements.
Russia's Federation Council has approved a bill for the taxation of cryptocurrencies, now awaiting President Putin's signature. This move marks a significant step in the country's regulatory approach to digital currencies.
A recent Ifop-Fiducial poll reveals that 53% of the French population is calling for the resignation of Prime Minister Michel Barnier's government. This discontent stems from widespread anger over his proposed budget, highlighting significant public dissatisfaction.
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