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UBS shares surge with strong performance and positive market outlook

UBS Group AG has shown strong stock market performance, with shares currently priced at EUR 30.20, reflecting a 9.09% increase over the past month and a 30.15% rise annually. The company boasts a market capitalization of EUR 104.5 billion and forecasts a dividend of EUR 0.36831 per share for 2024, yielding 1.31%. Recent analysis indicates that UBS shareholders may need to consider urgent actions regarding their investments.
Börse Express
Euro UBS Group AG CHE
TradFi, Market Report
11:36 20.10.2024

pharmaceutical companies shift focus to cost-effective treatments amid rising healthcare expenses

Roche is shifting its R&D focus towards major diseases like obesity and diabetes, responding to rising healthcare costs and government demands for cost-effective treatments. The company aims to develop transformative drugs for chronic illnesses, anticipating that these areas will account for over 50% of the global disease burden in the next decade. With the obesity drug market projected to exceed $100 billion annually by 2030, Roche's renewed investment includes a $2.7 billion acquisition of Carmot Therapeutics to bolster its cardiovascular-metabolic research.
SWI swissinfo.ch
Euro United States Dollar Novartis AG Novo Nordisk A/S Bayer AG Johnson & Johnson Hoffmann-La Roche AG Sanofi DEU DNK CHE USA FRA Mike Rea Novo Nordisk Bill Coyle Nerys Avery Thomas Schinecker Show more
Healthcare, News Article
10:00 20.10.2024

tonghua golden-horse pharmaceutical reports nine month earnings for 2024

Tonghua Golden-Horse Pharmaceutical Industry Co., Ltd. reported sales of CNY 968.59 million for the nine months ended September 30, 2024, down from CNY 1,044.24 million a year ago. However, net income increased to CNY 23.92 million, up from CNY 15.55 million, with basic and diluted earnings per share from continuing operations rising to CNY 0.0248 from CNY 0.0161.
MarketScreener
Chinese Yuan Tonghua Golden-Horse Pharmaceutical Industry Co,Ltd CHN
Finance & Economy, Market Report
09:33 20.10.2024

artificial intelligence drives digital transformation and economic growth in vietnam

Artificial intelligence is set to significantly transform Vietnam's economy, with projections indicating nearly $11 billion in sales for telecoms by 2025. The digital economy is expected to reach $220 billion, driven by advancements in AI, IoT, and cloud computing, necessitating new legal frameworks and training initiatives to support this growth.
lecourrier.vn
United States Dollar Vietnamese Đồng Grab Holdings Limited VIB Bank Intel Corporation VPBank Ericsson AB Techcombank Amazon Web Services VNM Rita Mokbel Eric Yeo Tô Lâm Alejandro Osorio Nguyên Tuân Huy Show more
Technology & Innovation, Market Report
09:07 20.10.2024

October horoscope insights for career love and finances across zodiac signs

October brings a mix of opportunities and challenges across various zodiac signs. Virgos can expect professional progress and financial stability, while Libras will thrive in personal and business relationships. Sagittarians will experience significant success and pleasant surprises in love, whereas Capricorns should focus on reflection and careful decision-making amidst potential conflicts.
Gazzetta del Sud
Google Inc. Microsoft Corporation Apple Inc. Show more
Finance & Economy, Blog Post
09:00 20.10.2024

investigating the impact of economic crises on health and youth in italy

The ongoing struggles in Italy's agri-food sector highlight the impact of foreign investment, with iconic cheese brands like mozzarella and parmigiano reggiano being acquired by global giants such as Lactalis. Meanwhile, the rise of oncological diseases among young adults raises concerns over lifestyle factors and environmental pollutants, as hospitals report increasing cases of early-onset cancers. Investigations into organized crime reveal the sophisticated use of encrypted communication tools by drug traffickers, leading to significant law enforcement operations across Europe.
TvBlog
Moderna, Inc. IFOM (Institute of Molecular Oncology) of Airc Humanitas Hospital Emilia Romagna Regional Plan Dana-Farber Cancer Institute Inc. ITA GHA USA AUT Riccardo Iacona Arianna Terrinoni Stefano Feltri Laura Pigozzi Luca Bianchi Show more
Healthcare, Transcript
09:00 20.10.2024

VP Bank shares show stability and attractive dividend amid market challenges

VP Bank's share price remained stable at EUR 75.50 on October 19, 2024, despite a 1.95% decline over the past month, trading 42.72% above its 52-week low. The bank announced a dividend of EUR 5.00 per share for 2024, yielding 5.46%, reflecting its commitment to shareholder value amid market volatility. A recent analysis raises questions about whether shareholders should buy or sell their shares.
Börse Express
Euro VP Bank AG LIE
TradFi, Market Report
08:57 20.10.2024

surge in south korean pharmaceutical ipos driven by medtech innovations

The number of South Korean pharmaceutical and biotech companies pursuing IPOs has surged, with 12 firms going public this year, matching last year's total. This growth is largely driven by medical technology innovations, as five of the new listings are medtech companies, which can generate revenue through product sales. Investor interest has also been heightened by Medtronic's acquisition attempt of EOFlow, known for its wearable insulin pump.
The Chosun Daily
South Korean Won EOFlow Osang Healthcare Medtronic Defined Contribution Plan Master Trust KOR Show more
Finance & Economy, Market Report
08:12 20.10.2024

UBS plans demolition of affordable housing estate in Zurich amid tenant concerns

A UBS real estate fund plans to demolish a housing estate in Zurich, displacing current tenants from their low-cost apartments, which were recently renovated. Critics, including local politicians and the Zurich Tenants' Association, argue that the project prioritizes profits over affordable housing, while UBS defends it by citing the age of the buildings and the addition of new apartments to address housing shortages. Many residents, facing potential rent increases, are seeking legal avenues to remain in their homes.
blue News
UBS SA CHE Liliane Forster Daniel Naef Sven Ziegler Show more
TradFi, News Article
07:43 20.10.2024

olma fair struggles to raise 20 million amid declining interest in trade shows

The Olma trade fair in Eastern Switzerland faces a financial crisis, struggling to raise CHF 20 million in fresh capital, with only CHF 13 million secured so far. CEO Christine Bolt is urgently seeking support from citizens as the new St.Galler Kantonalbank hall remains underutilized, highlighting poor planning and dwindling interest in trade fairs. The situation worsens with impending changes, including the demolition of Hall 9 for highway construction, leaving the future of Olma uncertain.
insideparadeplatz.ch
Swiss Franc St.Galler Kantonalbank CHE Christine Bolt
TradFi, News Article
07:02 20.10.2024
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