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american airlines fined 50 million for treatment of disabled travelers

American Airlines Group Inc. has agreed to pay a $50 million civil penalty following allegations from the Biden administration regarding violations of rules protecting travelers with disabilities. A US Transportation Department investigation revealed that the airline damaged or delayed the return of thousands of passenger wheelchairs and, in some cases, provided unsafe assistance that led to injuries.
bloomberg.com
United States Dollar American Airlines Group Inc. USA
Regulatory & Legal, News Article
12:00 23.10.2024

ubs maintains neutral rating for roche with target price of 270 francs

UBS has maintained a "Neutral" rating for Roche, setting a target price of 270 francs, following a third quarter that slightly exceeded expectations. Analyst Matthew Weston noted that the company's growth drivers remain on track, reflecting a positive outlook for its Pharmaceuticals and Diagnostics divisions.
MarketScreener
Swiss Franc Roche Holding AG CHE Matthew Weston Show more
TradFi, Market Report
11:58 23.10.2024

GZO Hospital strengthens management team ahead of crucial creditors meeting

GZO Hospital has finalized its management team ahead of a crucial creditors' meeting, appointing Margot Tanner as Director of Corporate Development. Tanner, previously with Basel University Hospital, is set to lead the hospital's restructuring efforts, which aim to stabilize operations despite opposition from a small group of creditors. The executive board now includes Susanna Oechslin, Hansjörg Herren, Chantal Breitenstein, Andreas Boss, and Daniel J. Müller, all bringing extensive experience in healthcare management.
medinside.ch
GZO Spital Wetzikon Winterthur Cantonal Hospital University Hospital Basel CHE Susanna Oechslin Chantal Breitenstein Andreas Boss Hansjörg Herren Margot Tanner Show more
Healthcare, News Article
11:52 23.10.2024

ITC expected to report strong Q2 earnings with revenue growth

ITC is set to announce its Q2 earnings on October 24, 2024, with expectations of a revenue increase to Rs 17,986 crore, an 8.7% rise year-on-year. Analysts predict a net profit of Rs 5,107 crore, reflecting a 3.7% growth from the same quarter last year, amid scrutiny of demand trends in urban versus rural areas.
Moneycontrol
Indian Rupee ITC Limited IND
Finance & Economy, Market Report
11:52 23.10.2024

public private partnerships driving growth in india's port sector

Public-Private Partnerships (PPPs) are transforming India's ports sector, with 51% of major ports currently operating under this model and projections to reach 85% by the decade's end. This shift has modernized facilities, improved efficiency, and bolstered India's global trade position, aligning with initiatives like Sagarmala and 'Make in India'. The Ministry of Ports, Shipping and Waterways aims to award all terminals under the PPP model, enhancing revenue and operational performance.
Moneycontrol
JNPT Ministry of Ports, Shipping and Waterways (MOPSW) IND Veni Mathur Make in India Gati Shakti Sagarmala Production-Linked Incentive Show more
Finance & Economy, Market Report
11:51 23.10.2024

UBS maintains buy rating for Texas Instruments with target price of 250 dollars

UBS has maintained a "Buy" rating for Texas Instruments, setting a target price of $250. Analyst Timothy Arcuri noted the semiconductor company is recovering market share, with a particularly strong performance in its automotive sector in China, despite concerns from car manufacturers.
boerse.de
Chinese Yuan United States Dollar Texas Instruments Incorporated CHN USA Thomas Müller Timothy Arcuri Hubert Dichtl Warren Buffet Show more
TradFi, Market Report
11:51 23.10.2024

digital healthcare market projected to reach 836 billion dollars by 2031

The global Digital Healthcare Market is projected to grow from USD 220.10 billion in 2024 to USD 836.10 billion by 2031, with a CAGR of 21%. The comprehensive report analyzes market dynamics, competitive landscape, and key players, including Telefónica S.A. and Epic Systems Corporation, while providing insights into consumption trends and future growth opportunities.
openPR.com
United States Dollar Epic Systems Corporation Corp. AT&T Inc. IBM Corporation Google Inc. Telefónica S.A. GBR USA ISR SAU ARG RUS DEU CHN MEX CAN FRA IND ZAF JPN KOR BRA ITA ARE Epic Systems Corporation Alice Mutum QSI Management LLC Mr. Shah Telefónica S.A. Show more
Technology & Innovation, Market Report
11:50 23.10.2024

lilium faces insolvency as funding efforts from german government fail

Lilium, a German aerospace startup once valued at $3.3 billion, is facing insolvency as it struggles to secure emergency funding from the Bavarian state government. Despite attempts to negotiate a €50 million loan from the federal government, lawmakers have rejected the request, leaving the company in a precarious financial position. Founded in 2015, Lilium aimed to revolutionize urban transport with electric vertical take-off and landing vehicles but has seen its stock plummet over 95% since going public in 2021.
CNBC
Euro Groupe ADP SAS Deutsche Lufthansa AG Saudia Dairy & Foodstuff Company SAU USA DEU Danijel Višević Hubert Aiwanger Show more
Finance & Economy, News Article
11:49 23.10.2024

market optimism persists regardless of us election outcome

UBS highlights a market rally benefiting companies likely to thrive under a Trump administration, particularly in financials, which may not fully reflect potential deregulation. Despite election uncertainties, historical trends suggest staying invested could yield significant returns, especially with the Fed's interest rate cuts supporting a strong economy. Investors are advised against sidelining their funds due to election fears, as this could lead to missed opportunities.
bloomberg.com
United States Dollar UBS AG USA Kieran Calder Donald Trump Kamala Harris Show more
TradFi, Market Report
11:48 23.10.2024

Danish Power IPO attracts strong interest with significant grey market premium

Danish Power's IPO has seen a remarkable response, with its grey market premium (GMP) reaching Rs 265 on the second day of subscription, indicating potential listing gains of nearly 70%. The company plans to utilize Rs 37 crore from the net proceeds to construct a factory shed and enhance its machinery. With a total issue size of Rs 197.90 crore, this IPO marks the largest in the SME segment to date.
Moneycontrol
Indian Rupee Danish Power Ltd. IND
Finance & Economy, Market Report
11:45 23.10.2024
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