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biden administration seeks to provide 10 billion in military aid to ukraine

The Biden administration is working to provide Ukraine with $10 billion in military aid as part of a broader $20 billion commitment. This initiative is included in a $50 billion loan arrangement coordinated with the G7 and European Union, according to the White House National Security Council.
reuters.com
United States Dollar Euro European Union White House National Security Council G7 UKR USA Show more
Finance & Economy, Press Release
19:23 23.10.2024

growing demand for healthcare cyber security solutions amid rising threats

The healthcare sector faces an escalating threat from cyber-attacks, particularly during the pandemic, as hackers employ advanced techniques to target firms for data breaches and ransomware. The demand for cybersecurity solutions is surging, with the service segment projected to grow at a CAGR of 17.8% from 2021 to 2030. North America currently leads the market, while Asia-Pacific is expected to experience the fastest growth, driven by increasing cybersecurity needs.
openPR.com
United States Dollar Symantec Corporation Palo Alto Networks, Inc. Cisco Systems, Inc. FireEye Inc. IBM Corporation CAN GBR IND USA HKG Pawan Kumar David Correa Show more
Technology & Innovation, Market Report
19:15 23.10.2024

dollar poised for strongest month since 2022 amid election and fed shifts

The dollar is on track for its best month since 2022, rising against all Group-of-10 currencies as traders adjust Federal Reserve expectations and brace for a potentially disruptive presidential election. The greenback has gained approximately 3.2% in October, with the yen falling to its weakest level in 12 weeks, while the euro and pound have declined for three consecutive sessions.
bloomberg.com
United States Dollar Japanese Yen Euro British Pound Sterling Bloomberg USA Show more
Finance & Economy, Market Report
19:09 23.10.2024

mankind pharma acquires bharat serums for rs 13768 crore expanding market reach

Mankind Pharma has successfully acquired Bharat Serums and Vaccines Ltd for Rs 13,768 crore, enhancing its position in the Indian women's health and fertility drug market. This acquisition also provides access to high-entry barrier products in critical care, bolstered by BSV's strong R&D capabilities and diverse product portfolio. Mankind Pharma's Vice-chairman and Managing Director, Rajeev Juneja, welcomed BSV's 2,500 employees, marking a new chapter for the company.
Moneycontrol
Indian Rupee Mankind Pharma Limited Bharat Serums AND Vaccines Ltd. IND Rajeev Juneja
Healthcare, Press Release
19:08 23.10.2024

apple unveils ai features with chatgpt integration in latest update

Apple has unveiled a beta version of its AI features, including integration with ChatGPT, as part of the upcoming iOS 18.1 release. The new tools allow users to rewrite text, generate images, and utilize Visual Intelligence for real-time object and text recognition. While Siri's ability to perform actions within apps is not included yet, it is expected soon, enhancing the user experience on newer devices.
CNBC
United States Dollar OpenAI Apple Inc. Microsoft Corporation Google Inc. USA Tim Cook Sam Altman Show more
Technology & Innovation, News Article
19:05 23.10.2024

ubs maintains neutral rating on apple anticipating steady quarterly results

UBS analyst David Vogt has maintained a Neutral rating on Apple (AAPL) with a price target of $236.00, anticipating September revenue and EPS to align with forecasts of $94B and $1.58, respectively. Despite AI excitement post-WWDC, iPhone unit sales are expected to remain flat year-over-year at around 46M, with a total of 51M units projected for the quarter. The analyst notes that Apple management will likely adopt a cautious stance regarding December quarter iPhone demand, pending the release of Apple Intelligence features.
StreetInsider.com
United States Dollar Apple Inc. USA David Vogt October 23rd
TradFi, Market Report
19:00 23.10.2024

climate finance challenges hinder renewable energy growth in africa and beyond

Global growth in renewable energy projects in Africa remains stagnant, with only one project approved by the Green Climate Fund since 2021, despite significant health and environmental benefits. The chronic underfunding of the GCF, alongside persistent fossil fuel subsidies, hampers progress, while private sector solar developers face significant financial hurdles. As health impacts from climate change intensify, the need for urgent action and innovative research linking climate and health outcomes becomes increasingly critical.
Health Policy Watch
United States Dollar Rockefeller Foundation (London) LLC WHOLE AG Green Climate Fund International Monetary Fund FUND International Energy Agency GAVI AG TZA COD BDI ZMB KEN SSD RWA GHA Josef Abramowitz Alan Dangour Peter Sands Show more
Healthcare, News Article
18:58 23.10.2024

rising term premium signals increasing risks in us treasury market

The US Treasury market is experiencing significant challenges, highlighted by a notable increase in the term premium on 10-year Treasury notes. This premium, which reflects the additional yield investors seek for holding longer-term debt over shorter-term securities, has risen from near zero to just under a quarter point this month, marking its highest level since last November. As yields surge, this trend signals escalating risks within the bond market.
bloomberg.com
United States Dollar Federal Reserve Bank of Boston N.A. USA
Finance & Economy, Market Report
18:51 23.10.2024

jefferies and truist gain ground in competitive muni bond market

Jefferies Financial Group Inc. and Truist Financial Corp. are gaining traction in the competitive municipal bond market, capitalizing on the retreat of larger banks like Citigroup Inc. This year, Jefferies has climbed to third place among competitive managers, up from twelfth three years ago, while Truist has risen to seventh after securing over three dozen deals.
Bloomberg.com
United States Dollar Jefferies Financial Group Inc. Truist Financial Corporation USA
Finance & Economy, Market Report
18:51 23.10.2024

centene files lawsuit against cms over 2025 star ratings controversy

Centene has filed a lawsuit against the Centers for Medicare & Medicaid Services (CMS) over the 2025 star ratings, claiming that a miscategorized secret shopper call unfairly impacted their scores. The insurer argues that the call failure was due to CMS's software, not their service, and estimates a $73 million revenue loss from the rating drop. This legal action follows similar lawsuits from other insurers like UnitedHealth and Humana, highlighting ongoing disputes over the fairness of CMS's scoring system.
Fierce Healthcare
Humana Inc. Centene Corporation UnitedHealth Group Incorporated Elevance Health, Inc. SCAN Health Plan USA Show more
Regulatory & Legal, News Article
18:46 23.10.2024
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