UBS has increased its price target for ING from €20.60 to €21.00, maintaining a "Buy" rating. Analyst Johan Ekblom highlighted the market's underestimation of the Dutch bank's growth potential, particularly in Germany, and anticipates a significant profit increase by 2026.
12:33 27.11.2024
The Digital Transformation in Healthcare Market, valued at USD 3.6 billion in 2023, is projected to reach USD 8.8 billion by 2030, growing at a CAGR of 12.1%. This growth is driven by the integration of technologies like AI, telemedicine, and electronic health records, enhancing patient care and operational efficiency. The increasing demand for personalized medicine and automation further propels the adoption of digital solutions in healthcare.
Saudi Arabia is adopting a 'deficit by design' policy, anticipating budget deficits in the coming years to invest in the non-oil sector. The kingdom forecasts a fiscal deficit of approximately 2.8% of GDP this year, with no guidance on returning to a surplus, as it commits to Crown Prince Mohammed bin Salman’s Vision 2030 agenda for economic diversification.
A Swiss court acquitted Credit Suisse of failing to prevent money laundering linked to a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The ruling was influenced by the death of a former employee, which hindered the examination of her alleged criminal conduct. UBS, now the parent company of Credit Suisse, welcomed the decision, while the Swiss federal attorney general's office is considering further action.
12:27 27.11.2024
Technetium-99m, produced from molybdenum-99, is crucial for medical imaging, revealing organ function and tumor activity. Recent shortages in the UK and US have prompted efforts to establish new production facilities, including a $32 million project in Wisconsin, aiming to meet growing demand amid an aging population and rising cancer rates.
A top Swiss court has acquitted Credit Suisse of a 2022 conviction related to its failure to prevent money laundering linked to a Bulgarian cocaine trafficking gang. The bank, which collapsed in 2023 amid various scandals, was subsequently taken over by UBS.
12:26 27.11.2024
Vantage Market Research offers comprehensive insights into the Healthcare Customer Success Systems market, analyzing trends and factors influencing performance across various regions. The report addresses key questions regarding market development, driving factors, and opportunities, aiding businesses in strategic planning and decision-making. For further details, visit their website.
UBS has maintained its 'Buy' rating for Easyjet, setting a target price of 800 pence following the release of the airline's financial figures for the 2023/24 fiscal year. While revenue met expectations, pre-tax earnings fell slightly short. As of November 27, Easyjet's stock was trading at €6.52, reflecting a 1.40% increase from the previous day.
12:25 27.11.2024
UBS has modernized its headquarters in Monaco, the Villa Belgica, under the direction of architect Jean Nouvel. The renovation, which spans 1,700 square meters, enhances employee space and client experience, accommodating around 90 staff primarily in Wealth Management. The building blends historic Belle Époque architecture with contemporary design elements.
12:25 27.11.2024
UBS has been acquitted by the Swiss Federal Criminal Court of charges related to laundering money for the Bulgarian mafia, a case inherited from Credit Suisse. The latter was previously fined CHF 2 million for inadequate supervision and compliance with anti-money laundering regulations. Two other defendants received reduced prison sentences of 29 and five months.
12:25 27.11.2024
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