UBS, in collaboration with Wincasa, offers comprehensive advisory solutions for energy-efficient building renovations across Switzerland, addressing the urgent need for modernization in the real estate sector. With over one million buildings requiring urgent upgrades, the initiative aims to reduce energy consumption and CO₂ emissions while enhancing property value and tenant comfort. The modular service includes technical analyses, renovation planning, and financing options, promoting sustainable development and benefiting owners, tenants, and the environment alike.
20:22 26.11.2024
UBS, in collaboration with Wincasa, offers comprehensive consulting solutions for energy-efficient renovations of investment properties in Switzerland. This partnership aims to simplify complex renovation projects, enhance property value, and promote sustainability by reducing energy consumption and CO₂ emissions. Clients benefit from tailored advisory, financing services, and the option to choose their implementation partners, ultimately creating a win-win situation for owners, tenants, and the environment.
20:20 26.11.2024
President-elect Donald Trump has chosen Kevin Hassett to lead the National Economic Council, overseeing the administration's tax, trade, and spending policies. A veteran in conservative economic circles, Hassett previously served as a senior adviser and chaired the Council of Economic Advisers during Trump's first term, advocating for the administration's tax and tariff strategies.
Federal Reserve officials are poised for gradual interest rate cuts, confident that inflation is easing and the labor market remains strong. The FOMC unanimously lowered the benchmark rate to 4.5%-4.75% and anticipates further reductions, though uncertainty about economic conditions and the impact of upcoming fiscal policies complicates the outlook. Despite mixed signals on inflation, participants believe it will return to the 2% target, supported by factors like reduced business pricing power and a still-restrictive monetary policy stance.
Black Forest Labs, a German AI startup aiding Elon Musk's Grok in image production, is in discussions to secure up to $200 million in funding, led by Andreessen Horowitz. This investment could elevate the company's valuation to over $1 billion, though final decisions are pending.
Federal Reserve officials expressed a preference for a gradual approach to future interest-rate cuts, as the economy remains robust and inflation shows signs of easing. Minutes from the recent Federal Open Market Committee meeting indicated that if inflation trends toward 2% and employment stays strong, a shift to a more neutral policy stance would be appropriate over time.
Best Buy's recent quarter fell short of expectations, with management revising their outlook for the rest of the year downward. Anticipating this outcome, a strategic plan is in place to address the challenges ahead.
Auto insurance costs are expected to rise further due to new tariffs proposed by President-elect Donald Trump. Approximately 60% of car replacement parts in the U.S. are imported, primarily from Mexico, China, and Canada. Increased tariffs will elevate parts costs, which constitute about 40% of average repair bills, leading insurers to raise rates.
Kraken is shutting down its NFT marketplace nearly two years after its launch, reallocating resources to new products and services. Clients have been notified and will receive support in transferring their NFTs to either their Kraken Wallet or a self-custodial wallet of their choice.
Amidst Africa's profound challenges lie unprecedented opportunities, particularly with the International Development Association (IDA) emerging as the largest source of low-cost financing for the continent's poorest nations. As the IDA prepares for its triennial replenishment meeting in December, an ambitious strategy is essential to support Africa's economic transformation.
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