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novo nordisk expands operations in india with ai partnerships and leadership growth

Novo Nordisk is significantly expanding its operations in India, planning to double its global process leaders and increase its workforce by 16% to 5,000 by next year. The company has partnered with 10 local AI start-ups to enhance data management and efficiency, aiming to mirror its Denmark headquarters in Bengaluru within three years. As demand for its Wegovy and Ozempic drugs surges, Novo's India center now handles half of its global safety assessment work, contributing to critical drug development processes.
Reuters
United States Dollar Eli Lilly and Company Bristol-Myers Squibb Company Novo Nordisk A/S DNK Haripriya Suresh John Dawber Show more
Healthcare, News Article
09:00 11.10.2024

Sanofi in talks to sell 50 percent stake in Opella to CD&R

Sanofi is negotiating to sell a 50% stake in its consumer healthcare division, Opella, to U.S. private equity firm CD&R for approximately 15.5 billion euros. The French government is closely monitoring the deal, emphasizing the need for economic commitments to maintain operations and decision-making in France.
#fff
Euro Les Echos A.C Le Monde 3D Sàrl Clayton Dubilier & Rice (CD&R) Sanofi PAI Partners SAS FRA USA Marc Ferracci Antoine Armand Show more
Finance & Economy, News Article
09:00 11.10.2024

Italy prioritizes healthcare funding amid spending review and budget constraints

The Italian government is tightening its spending review while ensuring no cuts to healthcare, with a target of 2 billion euros in savings for 2025. Health Minister Orazio Schillaci anticipates an increase in healthcare funding by 2-2.5 billion euros, emphasizing the need for effective allocation across the country. The Programmatic Budget Document is expected soon, outlining the maneuver's main actions ahead of the October deadlines set by Europe.
Il Sole 24 ORE
Euro Apple Inc. ITA Orazio Schillaci Giorgia Meloni
Finance & Economy, News Article
09:00 11.10.2024

ubs aims for leadership in european investment banking amid us competition

UBS aims to become the leading European investment bank while expanding its market share in the USA, where M&A activity is robust. Despite facing challenges from dominant US banks and ongoing integration work with Credit Suisse, UBS is positioned for growth, having acquired top M&A advisors and showing potential for upward movement in league tables. The M&A advisory business is expected to gain momentum, with optimism surrounding upcoming large transactions.
Finanz und Wirtschaft
United States Dollar Barratt Redrow plc Galderma Group N Swisscom AG Bbva 2002 FI Sandoz Group AG Bank Sabadell The Goldman Sachs Group, Inc. Rio Tinto Group Morgan Stanley JPMorgan Chase & Co. UBS AG Vodafone 2. Michael Klien Fedor Schulten Philipp Beck Christian Hintermann Show more
Finance & Economy, Market Report
09:00 11.10.2024

evolving landscape of mergers and acquisitions in artificial intelligence sector

M&A activity in the artificial intelligence sector is shifting, with major tech firms like Google and Microsoft opting for licensing technologies and acquiring talent instead of full acquisitions to navigate regulatory scrutiny. This trend reflects the increasing value of AI and the strategic decisions facing startups, which must weigh independence against potential partnerships with big tech. In Europe and Italy, while traditional acquisition models prevail, interest in AI is growing, evidenced by significant deals like BioNTech's acquisition of InstaDeep.
Agenda Digitale
United States Dollar Euro British Pound Sterling BioNTech SE Amazon.com, Inc. Satispay S.p.A. Google Inc. Microsoft Corporation ITA USA DEU No Show more
Technology & Innovation, Market Report
09:00 11.10.2024

health systems unite to form longitude health for improved patient care

Longitude Health has been established by Baylor Scott & White Health, Memorial Hermann Health System, Novant Health, and Providence to enhance healthcare solutions for patients. Led by CEO Paul Mango, the organization aims to invest in performance solutions over the next five years, focusing on cost, quality, access, and patient experience. The initiative seeks to attract additional high-performing health systems to join its mission of delivering high-quality, affordable healthcare.
Healthcare Finance News
United States Dollar Baylor Scott & White Health Kaiser Foundation Hospitals Providence Resources, Inc. Novant Health Inc. Memorial Hermann Health System Pete McCanna Brett Moraski Paul Mango Show more
Healthcare, Press Release
09:00 11.10.2024

vpbank and jbic sign 150 million dollar credit agreement for renewable energy projects

VPBank has secured a USD 150 million credit agreement with the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the national goal of achieving net-zero emissions by 2050. The agreement, signed on October 9, 2023, aligns with Vietnam's Eighth Energy Development Plan and the Asia Zero Emissions Community initiative. This partnership underscores the growing confidence of international financial institutions in VPBank and strengthens economic ties between Vietnam and Japan.
Vietnam.vn - Nền tảng quảng bá về Việt Nam
United States Dollar Sumitomo Mitsui Banking Corporation Maybank Securities Pte. Ltd. VPBank Japan Bank for International Cooperation Japan International Cooperation Agency ANZ Bank (Thai) Public Company Ltd. Development Finance Corporation Asian Development Bank BANK JPN VNM USA Ito Naoki Ogawa Kazunori Nguyen Duc Vinh Show more
TradFi, News Article
07:50 11.10.2024

sabine keller-busse faces challenges in succession race at ubs

Sabine Keller-Busse faces significant challenges in Personal & Corporate Banking at UBS Switzerland, particularly after the Credit Suisse takeover, as she aims to restore profitability while managing diverging stakeholder interests. Meanwhile, Iqbal Khan oversees Swiss Wealth Management, which is highly profitable, complicating Keller-Busse's position as a potential successor to CEO Sergio Ermotti. The bank emphasizes a shared responsibility for wealth management success, despite the competitive dynamics between the divisions.
finews.ch
United States Dollar Credit Suisse Anlagestiftung UBS Group AG CHE Sergio Ermotti Iqbal Khan Beatriz Martin Jimenez Sabine Keller-Busse Rob Karofsky Show more
TradFi, News Article
07:02 11.10.2024

Schaffhauser Kantonalbank CEO Discusses Growth and Unique Market Position

Alain Schmid, CEO of Schaffhauser Kantonalbank, highlights the bank's robust position with a balance sheet total of CHF 9.6 billion as of June 30, 2024. Serving the Schaffhausen region, it stands out as a small, friendly universal bank with strong expertise in real estate and investments, operating under public law.
Handelszeitung
Swiss Franc Schaffhauser Kantonalbank CHE Alain Schmid
TradFi, Press Release
06:32 11.10.2024

oracle stock surges as technology sector leads market gains

On September 10, Oracle's stock surged 11% following strong quarterly results, contributing to a 1.5% rise in the Information Technology sector, which was the second-best performer after Real Estate. The S&P 500 gained 0.5%, while bonds rallied, with the 10-year yield dropping to 3.65%, the lowest since June 2023. Energy stocks struggled as crude oil prices fell to their lowest close since late 2021.
@YahooFinance
United States Dollar Broadcom Inc. JPMorgan Chase & Co. Exxon Mobil Corporation Oracle Corporation USA JP Morgan Elon Musk Show more
Finance & Economy, Market Report
06:30 11.10.2024
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