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southwest airlines adds six new board members in deal with elliott

Southwest Airlines Co. has appointed six new board directors as part of a deal with Elliott Investment Management, aimed at addressing the activist's demands and supporting the CEO's position. The new members, effective November 1, include former Chevron CFO Pierre Breber, ex-Virgin America CEO David Cush, and former federal railroad administrator Sarah Feinberg, among others.
bloomberg.com
Chevron Corporation Marriott International, Inc. NCR Corporation Southwest Airlines Co. USA David Cush Pierre Breber Dave Grissen Sarah Feinberg Gregg Saretsky Show more
Finance & Economy, Press Release
13:29 24.10.2024

countries clash over biodiversity fund at cop16 summit in colombia

At COP16 in Cali, tensions rise over the future of the Global Biodiversity Framework Fund (GBFF), established at COP15 but struggling for contributions. Developing nations advocate for a new fund to enhance their influence, while developed countries, like Canada, resist, fearing fragmentation and increased costs. The GBFF has approved only 22 projects, highlighting challenges in accessing funds, with calls for reform to streamline support for biodiversity initiatives.
Climate Home News
United States Dollar WWF Conservation International Foundation The Nature Conservancy International Bank For Reconstruction And Development - World Bank Trust Funds SWE CAN COD URY André Aranha Corrêa do Lago Bernadette Fischler Hooper Charlotta Sörqvist Thomas Pickford Show more
Finance & Economy, News Article
13:24 24.10.2024

healthcare finance solutions market projected to reach 180 billion by 2028

The healthcare finance solutions market is projected to grow from $118.30 billion in 2023 to $180.49 billion by 2028, driven by rising chronic disease prevalence and the adoption of innovative financial technologies. Key trends include the integration of AI and advanced analytics to enhance operational efficiency. Major players in the market include UnitedHealth Group, CVS Health, and McKesson Corp.
openPR.com
United States Dollar McKesson Corporation Cardinal Health, Inc. UnitedHealth Group Incorporated Optum Inc. CVS Health Corporation McKesson Corp. Cardinal Health Inc. UnitedHealth Group Inc. CVS Health Corp. Optum Inc. Show more
Healthcare, Market Report
13:17 24.10.2024

real time location systems in healthcare market poised for significant growth

The real-time location system (RTLS) in healthcare market is projected to grow from $2.62 billion in 2023 to $3.19 billion in 2024, driven by increasing demand for asset tracking and improved patient safety. By 2028, the market is expected to reach $7.08 billion, with a CAGR of 22.1%, fueled by technological advancements and rising healthcare spending. Major players include Cisco, Oracle, and GE HealthCare, focusing on innovative solutions like active RF tags for enhanced asset monitoring.
openPR.com
GE HealthCare Technologies Inc. Securitas AB (publ) Cisco Systems, Inc. Oracle Corporation Zebra Technologies Corporation Show more
Technology & Innovation, Market Report
13:17 24.10.2024

Italy's 2025 budget focuses on work wages families and healthcare

The 2025 Budget Law, presented by Premier Giorgia Meloni, emphasizes priorities such as work, wages, family, and health care without raising taxes, totaling 28.5 billion euros. Key measures include a bonus to boost employee paychecks, a cap on deductions for high earners, and an increase in minimum pensions by 2.2%. Additionally, 1.3 billion euros is allocated for health care, with plans for hiring starting in 2026.
@Sky TG24
Euro Superenalotto ITA Giorgia Meloni Sergio Mattarella
Finance & Economy, News Article
13:15 24.10.2024

google anthropic ai partnership faces formal uk merger investigation

Google's partnership with AI firm Anthropic faces scrutiny in the UK as the Competition and Markets Authority has initiated a formal phase one merger probe. This investigation highlights increasing regulatory attention on investments in startup AI companies.
bloomberg.com
British Pound Sterling Anthropic Google Inc. GBR
Regulatory & Legal, News Article
13:14 24.10.2024

American Airlines raises profit forecast as sales strategy improves

American Airlines Group Inc. has raised its full-year profit forecast, now expecting adjusted earnings of up to $1.60 per share, surpassing the $1.23 average analyst estimate. This improvement signals a successful shift from a previously ineffective sales strategy, as the airline had earlier projected a maximum profit of $1.30 per share for 2024.
bloomberg.com
United States Dollar American Airlines Group Inc. USA
Finance & Economy, Market Report
13:10 24.10.2024

UltraTech Cement targets growth despite recent earnings decline, maintains buy rating

Motilal Oswal has reiterated a BUY rating for UltraTech Cement, setting a target price of INR 13,000. Despite a 21% YoY decline in EBITDA to INR 20.2 billion due to operational challenges, the company anticipates a recovery driven by pent-up demand and good monsoon conditions, projecting double-digit volume growth in the second half of FY25. With significant capacity expansion plans, UltraTech is expected to gain market share and achieve a CAGR of 16% in consolidated EBITDA over FY24-FY27.
Moneycontrol
Indian Rupee UltraTech Cement Limited IND Motilal Oswal
Finance & Economy, Market Report
13:08 24.10.2024

MCX reports strong revenue growth and maintains buy rating with target price

Motilal Oswal has reiterated a BUY rating for MCX, setting a one-year target price of INR 7,600, based on a strong performance in 2QFY25. The company reported a 73% YoY increase in operating revenue to INR 2.9 billion, driven by a 114% surge in volumes, with significant growth in both futures and options trading. PAT reached INR 1.5 billion, a notable recovery from a loss in the previous year, prompting a 10% and 11% increase in FY25/26 EPS estimates.
Moneycontrol
Indian Rupee Multi Commodity Exchange of India Limited IND Motilal Oswal Show more
Finance & Economy, Market Report
13:08 24.10.2024

emerging market stocks face steep decline amid election fears and china's stimulus woes

Emerging-market stocks are on track for their worst month since January, driven by concerns over the US presidential election and letdowns from China's stimulus measures. The MSCI Emerging Markets Index has declined for four consecutive days, with major losses attributed to Samsung Electronics, Alibaba, Tencent, and Meituan. Hong Kong-listed shares have been particularly hard hit, while mainland stocks ended a four-day rally.
bloomberg.com
Meituan Alibaba Group Holding Limited Tencent Holdings Limited Samsung Electronics Co. KOR HKG CHN Alibaba Group Holding Ltd. Tencent Holdings Ltd. Meituan Samsung Electronics Co. Show more
Finance & Economy, Market Report
13:08 24.10.2024
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