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ken leech faces sec lawsuit over alleged cherry-picking scheme

[Source]
Bloomberg.com
Western Asset Management Company LLC USA Ken Leech
Regulatory & Legal, News Article
22:53 25.11.2024

euro and pound recover as us dollar experiences minor decline

EUR/USD, EUR/GBP, and GBP/USD have rebounded from recent lows following a minor decline in the US dollar, attributed to a pullback in US Treasury yields after Trump's Bessent pick. EUR/USD bounced off a low of $1.0333, testing minor resistance at $1.0497, while GBP/USD found support at $1.2488 and is approaching a downtrend line at $1.2620. EUR/GBP is focusing on the 55-day SMA at £0.8356, with resistance above at £0.8375.
IG
British Pound Sterling Euro United States Dollar
TradFi, Market Report
22:50 25.11.2024

Buchanan appointed as new CEO of Kohl's replacing Kingsbury

Kohl’s has announced that Buchanan will succeed Kingsbury as CEO. This leadership change marks a significant transition for the company as it navigates its future direction. Further details on the transition and its implications are yet to be revealed.
Bloomberg.com
Kohl’s USA
Finance & Economy, Press Release
22:48 25.11.2024

union health withdraws hospital acquisition proposal amid monopoly concerns

Union Health has withdrawn its proposal to acquire Terre Haute Regional Hospital. Federal regulators had expressed concerns that the acquisition would lead to a monopoly, potentially increasing costs, stifling wage growth, and diminishing the quality of care.
Modern Healthcare
Union Health Terre Haute Regional Hospital USA
Regulatory & Legal, News Article
22:47 25.11.2024

republicans face challenges in tax bill negotiations amid deficit concerns

Republicans are preparing to extend the 2017 tax cuts, which could increase the deficit by $5 trillion, according to the CBO. While some lawmakers argue that these cuts will stimulate economic growth and revenue, others express concern over the ballooning deficit and advocate for offsetting measures. The internal debate reflects a divide within the party on how to balance tax policy with fiscal responsibility.
CNBC
United States Dollar Apple Inc. USA Mike Crapo Elise Stefanik Chip Roy Jodey Arrington Greg Murphy Steve Scalise Matt Gaetz Donald Trump Mike Waltzer Mike Johnson Show more
Finance & Economy, News Article
22:44 25.11.2024

climate finance deal reached at cop29 but leaves developing nations wanting more

COP29 concluded in Baku with an agreement requiring developed countries to provide $300 billion annually for climate finance to developing nations by 2035, falling short of the hoped-for $1.3 trillion. The agreement leaves unclear who will fund this commitment, with China making a voluntary contribution without obligation. While some view the agreement as a step forward, many climate-vulnerable nations express disappointment, deeming the outcome inadequate for their needs.
WIRED
United States Dollar E3G CHN USA AZE BRA John Kerry Mohamed Adow Rob Moore Mukhtar Babayev Show more
Finance & Economy, News Article
22:43 25.11.2024

ubs initiates buy rating for swiggy citing growth in food delivery market

UBS has initiated coverage on Swiggy with a 'buy' rating and a target price of Rs 515, highlighting the company's growth potential in India's online food delivery and quick commerce sectors. Despite losing market share to Zomato in 2023, Swiggy has made strategic adjustments, aligning its volume growth with industry trends while improving margins. UBS projects Swiggy's online food delivery Gross Merchandise Value to grow at a low-20% CAGR from fiscal 2024 to 2027, matching Zomato's growth trajectory.
NDTV Profit
SWIGGY LIMITED UBS Zomato Limited IND Show more
TradFi, Market Report
22:42 25.11.2024

l green to acquire office condo at 500 park avenue for 130 million

SL Green Realty Corp. is set to acquire the office portion of 500 Park Avenue in Manhattan from Morgan Stanley for approximately $130 million. The 11-story condo, which spans 201,411 square feet, includes office and retail space and is adjacent to a residential tower.
bloomberg.com
United States Dollar Morgan Stanley PepsiCo, Inc. SL Green Realty Corp. USA Show more
Finance & Economy, Market Report
22:41 25.11.2024

healthcare logistics market in canada faces challenges amid driver shortages and demand growth

The healthcare logistics market in Canada is vital for the timely delivery of essential products, driven by increasing demand for pharmaceuticals and medical devices. The non-cold chain segment leads the market, supported by expanding healthcare infrastructure and cost-effective logistics solutions. However, challenges such as skilled driver shortages and rising operational costs threaten supply chain efficiency.
@PRNewswire
CAN Jesse Maida
Technology & Innovation, Market Report
22:40 25.11.2024

ubs targets wealthy women in australia with wealth management return

UBS is re-entering the wealth management sector in Australia, focusing on the increasing number of affluent women and family offices, as part of its Asia-Pacific expansion strategy. Meanwhile, Australia faces a significant shakeup in the gas-guzzler market with the introduction of new hybrid models, and the budget deficit is projected to exceed previous forecasts, reaching A$33.5 billion by mid-2025. Additionally, New Zealand's central bank is expected to cut interest rates again, reflecting aggressive monetary policy shifts in the region.
Bloomberg.com
Australian Dollar United States Dollar Deloitte Access Economics BYD Peabody Energy Corporation Anglo American plc Reserve Bank UBS Adani Group TotalEnergies SE NZL AUS LBN IND CHN ISR Gautam Adani Michael Marrone Scott Bessent Michael Herzog Show more
TradFi, News Article
22:39 25.11.2024
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