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UK government unveils roadmap for circular economy in medical technology

The UK Government has unveiled a roadmap aimed at transitioning the MedTech sector from a linear to a circular economy by 2045, focusing on reusing, remanufacturing, and recycling medical products. Supported by devolved governments, the strategy outlines 30 actions to enhance growth, improve NHS resilience, reduce waste, and generate cost savings. Baroness Merron emphasizes the urgent need to address the high volume of single-use products, advocating for a fundamental shift in procurement and recycling practices within the NHS.
Med-Tech Innovation
British Pound Sterling Urology Trade Association Anscombe Bioethics Centre Whitehouse Communications Ltd. GBR Gillian Merron Show more
Healthcare, Press Release
10:13 21.10.2024

American Express acquires full ownership of Swisscard from UBS

American Express is set to acquire UBS's 50% stake in Swisscard, following UBS's strategic shift after its acquisition of Credit Suisse. The financial terms of the deal remain undisclosed, but Swisscard assures that cardholders and partners will not be immediately affected. UBS continues to streamline its operations, having made several divestments recently.
benzinga.com/markets/equities/24/10/41421951/american-express-to-become-sole-owner-of-swisscard-as-ubs-sells-its-50-stake
United States Dollar UBS SA Visa Inc. Mastercard Incorporated American Express Company Credit Suisse Anlagestiftung USA Show more
TradFi, Market Report
10:10 21.10.2024

toxic politics and the future of america's economic growth

Toxic politics in the United States pose a potential threat to the nation's economic growth, which has been impressive despite a widening partisan divide. While the economy continues to thrive, the underlying political dysfunction may eventually hinder its success.
The Economist
Apple Inc. USA
Finance & Economy, News Article
10:10 21.10.2024

glarner kantonalbank investment yields 26 percent return over ten years

Ten years ago, Glarner Kantonalbank shares were priced at CHF 17.30. An investment of CHF 10,000 would have yielded 578,035 shares, now valued at CHF 12,601.16, reflecting a 26.01% increase, with the current share price at CHF 21.80. The bank's market capitalization stands at CHF 293.99 million.
finanzen.ch
Swiss Franc Glarner Kantonalbank CHE
TradFi, Market Report
10:02 21.10.2024

ubS investment yields significant returns over five years

Five years ago, UBS shares were priced at CHF 11.45. An investment of CHF 1,000 would have yielded 87,374 shares, now valued at CHF 2,486.68, reflecting a performance increase of +148.67%. UBS currently holds a market capitalization of CHF 91.04 billion.
finanzen.ch
Swiss Franc UBS SA CHE
TradFi, Market Report
10:02 21.10.2024

ubS investment yields significant returns over five years

Five years ago, UBS shares were priced at CHF 11.45. An investment of CHF 1,000 would have yielded 87.374 shares, now valued at CHF 2,486.68, reflecting a 148.67% increase, with UBS's market capitalization at CHF 91.04 billion as of October 18, 2024.
finanzen.net
Swiss Franc UBS Group AG CHE
TradFi, Market Report
10:00 21.10.2024

flowbank liquidation highlights asset protection challenges and securities transfer delays

The liquidation of Flowbank highlights significant challenges in transferring securities, with many clients still awaiting access to their assets months later. While privileged deposits are being repaid efficiently, the complex manual processes involved in securities transfers have led to delays, emphasizing the risks of holding assets with less reputable banks. Additionally, the situation has drawn attention to the bank's pop art collection, including works by Lichtenstein and Warhol.
finews.com
Swiss Franc FlowBank AG CHE FINMA Charles Henri Sabet Walder Wyss Andy Warhol Roy Lichtenstein Show more
Finance & Economy, Market Report
10:00 21.10.2024

global indices rise as nasdaq 100 and dax reach new highs

Early trading has seen the NASDAQ 100, Dow, and DAX indices cautiously rising, with the NASDAQ 100 recovering from last week's lows following positive Netflix results. The DAX has returned to its record high, gaining 600 points since early October, while the Dow shows potential for further gains.
IG
Netflix, Inc. USA
TradFi, Market Report
09:52 21.10.2024

American Express acquires full ownership of Swisscard from UBS

American Express has acquired UBS's 50% stake in Swisscard, making it the sole owner of the credit card provider. This transition will not affect existing cardholders immediately, as Swisscard will continue to issue cards under American Express, Mastercard, and Visa licenses. Credit Suisse cardholders will be migrated to UBS's platform by mid-2025, with a seamless transition promised.
TradingView
UBS SA American Express Company Visa Inc. Credit Suisse Anlagestiftung CHE Show more
TradFi, Market Report
09:52 21.10.2024

ubs sells stake in swisscard to american express

UBS has sold its 50% stake in Swisscard to American Express, making Amex the sole owner of the credit card services provider. Swisscard operates under various brands, including American Express, Mastercard, and Visa. This move marks a significant shift in the ownership structure of the joint venture.
Seeking Alpha
UBS SA American Express Company CHE
TradFi, News Article
09:45 21.10.2024
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