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africa's renewable energy potential hinges on investment in battery storage systems

Golomoti Solar's 10MWh battery storage facility in Malawi marks a significant step in stabilizing Africa's energy grid, reducing reliance on diesel and hydro power. With advancements in battery technology making solutions more affordable, countries like Egypt, Ghana, and Nigeria are joining efforts to deploy 5GW of energy storage by 2027, aiming to enhance energy access and stimulate local economies. The Emerging Africa Infrastructure Fund's investments are crucial in addressing the continent's energy storage challenges and unlocking its renewable potential.
Climate Home News
United States Dollar Global Energy Alliance for People and Planet (GEAPP) Infraco Africa Ltd. International Bank For Reconstruction And Development - World Bank Trust Funds AfDB Private Infrastructure Development Group (PIDG) BloombergNEF Africa50 JCM Power Ninety ONE Events Ltd. GHA MOZ KEN MWI TGO EGY MRT Joe Biden Olivia Carballo Show more
Finance & Economy, Market Report
16:33 15.10.2024

cvs health reduces infusion services and plans pharmacy closures amid challenges

CVS Health is discontinuing certain infusion services through its Coram business and plans to close or sell 29 pharmacies, citing industry challenges. The company has stopped accepting new patients for specific therapies and may lay off employees as part of this reduction. Despite being a top provider in the infusion market, CVS faces ongoing labor shortages and high operational costs.
Healthcare Dive
United States Dollar CVS Health Corporation USA Bourne Partners Food and Drug Administration Show more
Finance & Economy, News Article
16:17 15.10.2024

Lazard appoints Will Thompson as managing director of healthcare services

Lazard has appointed Will Thompson as Managing Director of Healthcare Services, effective November 4, 2024, based in London. Thompson, who previously worked at Lazard from 1998 to 2004, joins from Barclays, enhancing Lazard's healthcare advisory capabilities alongside recent hire Michele Colocci. The firm has seen significant growth in its healthcare business, advising on over $245 billion in transactions since 2020.
@businesswire
British Pound Sterling Lazard, Inc. Close Brothers Group plc Barclays PLC UBS SA Morgan Stanley GBR Will Thompson David Gluckman Michele Colocci Jean-Louis Girodolle Cyrus Kapadia Show more
Finance & Economy, Press Release
16:06 15.10.2024

warren coughlin recognized in forbes top next-gen wealth advisor list

Warren Coughlin, a Private Wealth Advisor at UBS in Los Angeles, has been recognized in the Forbes Top Next-Gen Best-in-State Wealth Advisor list for 2024, marking his third consecutive inclusion. He leads Presidio Partners, a team specializing in serving tech founders and entrepreneurs, and has advised numerous clients through significant liquidity events. UBS, a global wealth manager, now oversees $5.7 trillion in assets following its acquisition of Credit Suisse.
@YahooFinance
United States Dollar UBS SA CHE USA Lauren Gorsche Charles Korasick Robert Gach Warren Coughlin Jonathan Schechter Show more
TradFi, Press Release
16:00 15.10.2024

warren coughlin recognized as top next-gen wealth advisor by forbes

Warren Coughlin, a Private Wealth Advisor at UBS in Los Angeles, has been named to the Forbes Top Next-Gen Best-in-State Wealth Advisor list for 2024, marking his third inclusion. He leads Presidio Partners, a team specializing in serving tech founders and entrepreneurs, which has worked with over 21 "unicorn" co-founders and advised more than 33 clients through liquidity events. The Forbes/SHOOK list features 1,621 top professionals managing nearly $2.8 trillion in assets.
@StockTitan_net
UBS SA USA Charles Korasick Robert Gach Warren Coughlin Jonathan Schechter Jen Lechman Show more
TradFi, Press Release
16:00 15.10.2024

warren coughlin recognized in forbes top next-gen wealth advisor list

Warren Coughlin, a Private Wealth Advisor at UBS in Los Angeles, has been named to the Forbes Top Next-Gen Best-in-State Wealth Advisor list for 2024, marking his third inclusion. He leads Presidio Partners, a team focused on the unique needs of tech founders and entrepreneurs, having advised numerous clients through significant liquidity events. The Forbes list recognizes 1,621 top advisors managing nearly $2.8 trillion in assets, highlighting Coughlin's impact in transforming client service in the wealth management industry.
@businesswire
United States Dollar UBS SA CHE USA Lauren Gorsche Charles Korasick Robert Gach Warren Coughlin Jonathan Schechter Show more
TradFi, Press Release
16:00 15.10.2024

cancer diagnosis linked to significant long term financial challenges for patients

A study led by Dr. Benjamin C. James reveals that cancer patients face significant financial challenges, including a nearly fivefold increase in bankruptcy rates and credit scores averaging 80 points lower than non-cancer patients. The research highlights persistent financial toxicity, particularly among those with bladder, liver, lung, and colorectal cancers, lasting up to 9.5 years post-diagnosis. Factors such as age, race, marital status, and income level contribute to the severity of financial distress, underscoring the need for policy reforms in healthcare and debt collection practices.
newswise.com
Beth Israel Deaconess Medical Center Inc. Experian American College of Surgeons Harvard Medical School USA Ashley L. O’Donoghue Nishant Uppal Benjamin C. James Jorge L. Gomez-Mayorga Anastasia Bogdanovski Show more
Finance & Economy, News Article
16:00 15.10.2024

ubs urged to revise crisis plans after credit suisse takeover

Switzerland's banking regulator, Finma, has instructed UBS to revise its contingency and stabilization plans following its takeover of Credit Suisse, emphasizing the need to address lessons learned from significant deposit withdrawals during the crisis. UBS, which now holds a total loss-absorbing capacity of around $200 billion, has begun this process, while the Swiss government considers tightening regulations for systemically important banks. The Federal Council plans to wait for a parliamentary inquiry's conclusions before proposing changes in 2025.
L'Orient-Le Jour
Swiss Franc Credit Suisse Anlagestiftung UBS SA CHE
TradFi, News Article
15:55 15.10.2024

Berner Kantonalbank shows resilience with stable share performance and attractive dividend

Berner Kantonalbank (BEKB) demonstrated stable performance amid market volatility, with shares trading at EUR 249.50, up 0.20% from the previous day and gaining 2.47% over the past month. The bank plans to distribute a dividend of EUR 10.00 per share for 2024, yielding 4.13%, reflecting its solid business strategy and commitment to shareholder value.
aktiencheck.de
Euro Berner Kantonalbank AG CHE
TradFi, Market Report
15:50 15.10.2024

UBS maintains buy rating for MTU Aero Engines with target price of 320 euros

UBS has maintained a "Buy" rating for MTU Aero Engines, setting a target price of 320 euros following a positive forecast adjustment and strong third-quarter results. Analyst Kseniia Maslova noted that the company surpassed market expectations in both new and spare parts sales, as well as in commercial maintenance.
boerse.de
Euro MTU Aero Engines AG CHE DEU Kseniia Maslova Warren Buffet
TradFi, Market Report
15:48 15.10.2024
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