The yen has outperformed its G-10 peers this week, rising 1.9% as traders anticipate a narrowing yield gap between the US and Japan. On Wednesday, the currency climbed as much as 0.8% to 151.84 against the dollar, leading the performance among major currencies.
French consumer confidence unexpectedly declined in November, signaling potential concerns about the economic outlook. This drop may reflect growing apprehensions among consumers regarding their financial situation and overall economic conditions.
Britain's antitrust regulator has concluded its investigation into supermarket loyalty cards, finding minimal evidence that regular prices are inflated to enhance the appeal of loyalty promotions. The Competition and Markets Authority stated that loyalty scheme members can typically achieve genuine savings on loyalty-priced products, assuring shoppers they are not being treated unfairly.
UBS has maintained a Sell rating on Nordstrom (NYSE:JWN) while raising its price target from $13.00 to $14.50, citing concerns over a projected 20% decline in earnings per share (EPS) over the next five years due to competition from off-price retailers and direct-to-consumer channels. Despite a strong Q3 performance with net sales exceeding $3.3 billion and a 4% rise in comparable sales, Nordstrom has adjusted its full-year revenue growth guidance to flat to 1%, attributing this to a shorter holiday season and economic uncertainties. The company plans to focus on margin expansion and enhancing the customer experience amid these challenges.
08:39 27.11.2024
NTPC Green Energy, the only AAA-rated company in the renewable sector, is exploring ESG funds for debt financing, according to CEO Rajiv Gupta. The company, which focuses on solar energy, wind power, energy storage, and green molecules, aims to diversify its portfolio over the next five to seven years. Gupta emphasized their readiness to seize opportunities for growth in sustainable energy.
TARC shares surged 5% after selling 50% of its TARC Ishva project for Rs 1,350 crore, contributing to a 55% increase in stock value this year, compared to the Nifty 50's 10% rise. The luxury residential development spans 1.35 million square feet along Golf Course Extension Road in Gurugram, featuring Four Side Open Residences with stunning views of the Aravali Hills and top-notch amenities.
The Distance Health Technology Market is experiencing significant growth, projected to reach USD 80 billion by 2030, driven by advancements in telemedicine, remote monitoring, and AI integration. Despite challenges in standardization and data sharing, the sector is set to enhance healthcare accessibility and personalization, addressing global health demands. Increasing investments and consumer demand further underscore its transformative potential in healthcare delivery.
The Healthcare Chatbots market is poised for significant growth, driven by rising demand across various industries and technological advancements. A comprehensive report analyzes market dynamics, competitive landscapes, and future trends, highlighting key players and emerging opportunities. It also addresses challenges such as supply chain disruptions and changing consumer preferences, providing valuable insights for market participants.
Christian Mumenthaler, recently ousted as CEO of Swiss Re, will take over as President of the UBS Center for Economics in Society at the University of Zurich in 2025, succeeding Kaspar Villiger. His appointment raises eyebrows due to his poor track record at Swiss Re, where he failed to maintain competitiveness against Munich Re and faced criticism for his leadership style, including a lack of accountability and controversial decisions at the Geneva Association.
08:31 27.11.2024
India's MedTech industry, valued at approximately Rs 99,600 crore in 2023, is projected to soar to Rs 4.15 lakh crore by 2030, driven by a 20.1% CAGR. Key factors include evolving disease patterns, an ageing population, and a shift towards preventive care, with over 70% of innovations in start-ups integrating digital technologies. Government reforms and initiatives are fostering domestic manufacturing, positioning India as a potential global hub for MedTech innovation.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

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.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings