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Swiss voters to decide on healthcare financing reform and outpatient care expansion

Swiss voters will decide on November 24 whether to accept a significant revision to healthcare financing, aimed at standardizing costs and promoting outpatient care. Supporters argue it will improve treatment quality and reduce insurance premiums, while unions warn it may empower insurance companies and compromise patient care. The changes, accepted by parliament, are set to begin implementation in 2028, with potential annual savings of up to CHF440 million.
SWI swissinfo.ch
Swiss Franc H + A Baumontagen GmbH Spitex 24 AG FMH Inkasso Services AG INTERPHARMA economiesuisse curafutura - Die innovativen Krankenversicherer CHE Samuel Jaberg Show more
Healthcare, News Article
10:00 24.10.2024

zurich and singapore rise in global sustainable investment rankings

Zurich and Singapore have surpassed Geneva in a recent ranking of global financial centers for sustainable investments, with London maintaining its top position. The index, which evaluates 97 locations, highlights the strong performance of Swiss cities, including Lugano at 13th. Despite a slight decline in confidence regarding green finance, Western European centers continue to excel due to their expertise in developing sustainable financial products.
finews.com
United States Dollar Singapore Dollar British Pound Sterling Euro Swiss Franc Z/YEN Ltd. CAN GBR SWE SGP USA DNK LUX CHE Z/Yen Show more
Finance & Economy, Market Report
09:59 24.10.2024

Lugano Deputy Mayor criticizes appeal against sports hall naming agreement

Lugano Deputy Mayor Roberto Badaracco expressed frustration over an appeal challenging the contract between the city and Banca Raiffeisen for naming rights of a new sports hall. He emphasized that the agreement benefits local sports clubs and criticized the tendency to obstruct progress through legal challenges. Despite the appeal, he remains hopeful that it will be withdrawn, as the arena is set to be completed in two years, and any delays could harm club funding.
TicinoNews
Raiffeisen Bank CHE Roberto Badaracco
TradFi, News Article
09:59 24.10.2024

Bengaluru faces crisis as Mohandas Pai criticizes government mismanagement

Bengaluru faces a crisis as heavy rains reveal significant infrastructural issues, prompting former Infosys CFO TV Mohandas Pai to criticize the Karnataka government for its inaction on vital concerns like roads and drainage. His tweets express widespread frustration among residents and MNCs reconsidering expansion plans in the city. Pai also highlighted the need for urgent action from Andhra Pradesh's leadership to restore trust after previous governance failures.
Moneycontrol
Infosys Limited IND Nara Lokesh TV Mohandas Pai Siddaramaiah Show more
Finance & Economy, Social Media Post
09:54 24.10.2024

Gabriel India targets growth with new product lines and acquisitions

Gabriel India reported a robust Q2 consolidated EBITDA of Rs 987 million, exceeding estimates with a 34% year-on-year increase. The company's strategic entry into the high-growth sunroof product line and plans for future acquisitions are expected to drive significant growth. Anand Rathi maintains a Buy rating with a revised target price of Rs 700, reflecting anticipated revenue and profit growth through FY27.
Moneycontrol
Indian Rupee Gabriel India Limited IND Anand Rathi
Finance & Economy, Market Report
09:54 24.10.2024

UBS maintains buy rating for Symrise with target price of 139 euros

UBS has maintained its "Buy" rating for Symrise, setting a target price of 139 euros. Analyst Charles Eden noted an increase in the target for organic sales growth, although the third quarter's organic growth was viewed as partly negative due to heightened investor expectations following strong results from competitor Givaudan.
boerse.de
Euro Givaudan SA Symrise AG CHE DEU Hubert Dichtl Thomas Müller Charles Eden Show more
TradFi, Market Report
09:53 24.10.2024

Adani Green plans private placement after successful dollar bond offering

Adani Green Energy is considering a private placement to finance part of its long-term debt after successfully raising $409 million through a dollar bond offering in March 2024, marking its return to the dollar bond market since the Hindenburg incident in January 2023. Despite significant interest from Asian and European investors, the company postponed its $1.2 billion bond offering, originally intended to refinance loans for solar and wind projects, awaiting the outcome of the November 5 US presidential election. A return to the bond market is anticipated in December.
Moneycontrol
United States Dollar Bloomberg Adani Green Energy Limited IND
Finance & Economy, Market Report
09:51 24.10.2024

intel wins eu court case in antitrust battle over record fine

Intel Corp. has triumphed in a significant legal battle against the European Union, overturning a record antitrust fine of €1.06 billion ($1.1 billion). The EU’s Court of Justice determined that regulators did not provide sufficient evidence to support claims that Intel offered illegal rebates to PC manufacturers for chip purchases.
bloomberg.com
Euro Intel Corporation USA
Regulatory & Legal, News Article
09:48 24.10.2024

Swiss government revises budget deficit forecast to significantly lower figure

The Swiss government's budget deficit is now projected to be CHF900 million, significantly lower than the initial forecast of CHF2.6 billion, due to reduced ordinary expenditures. The extraordinary capital contribution to Swiss Federal Railways has been postponed to 2025, with the amount cut from CHF1.15 billion to CHF850 million. The ordinary budget is now expected to show a surplus of CHF200 million, reversing the previously anticipated deficit.
SWI swissinfo.ch
Swiss Franc Swiss federal railways SFR CHE
Finance & Economy, News Article
09:47 24.10.2024

Navin Fluorine International reports mixed results with growth expectations ahead

Navin Fluorine International reported a revenue of Rs 5.18 billion, falling short of estimates, with a notable 23% YoY growth in the HPP vertical. Despite a 15% decline in the specialty chemicals segment, management anticipates recovery in H2FY25, supported by strong order visibility. The stock is rated 'Accumulate' with a target price of Rs 3,523, reflecting a valuation of 45x FY26/FY27 EPS.
Moneycontrol
United States Dollar Navin Fluorine International Limited IND
Finance & Economy, Market Report
09:43 24.10.2024
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