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climate leaders face scrutiny over fossil fuel ambitions and NDC commitments

The COP Troika, comprising the UAE, Azerbaijan, and Brazil, has reiterated its commitment to submit 1.5C-aligned climate action plans by year-end but has faced criticism for lacking specific targets amid expanding fossil fuel ambitions. Experts emphasize the need for clear, measurable emissions reduction goals across all sectors to ensure effective implementation and avoid "creative accounting." As global emissions must peak before 2025 to limit warming, the upcoming NDCs are seen as crucial for climate action.
Climate Home News
United States Dollar International Institute for Sustainable Development 350.ORG OIL Change International BRA ARE AZE Liliam Chagas Romain Ioualalen Ilan Zugman Alden Meyer Luiz Inacio Lula da Silva Show more
Regulatory & Legal, News Article
15:42 27.09.2024

Italian healthcare sector shows strong performance on Piazza Affari

The Italian healthcare sector has shown a remarkable performance on Piazza Affari, reflecting strong market dynamics. Investors are keenly observing this trend as it unfolds, indicating potential growth opportunities within the sector. Please note that by accessing external links, Borsa Italiana disclaims any responsibility for the content and information provided on those sites.
borsaitaliana.it
Borsa Italiana S.p.A. ITA
Finance & Economy, Market Report
15:00 27.09.2024

global video telemedicine market projected to reach 5.67 billion by 2028

The global video telemedicine market is projected to reach $5.67 billion by 2028, growing at a CAGR of 17.7%, driven by increased telehealth investments and the rise of chronic diseases. Key trends include enhanced cybersecurity, personalized solutions, and advancements in remote monitoring technologies. Major players in the market include Teladoc Health, Cisco Systems, and Siemens Healthineers, among others.
WhaTech
Logitech International S.A. Sony Corporation Cisco Systems, Inc. Siemens Healthineers AG Huawei Technologies CO. Ltd. Joe Biden Show more
Healthcare, Market Report
14:04 27.09.2024

Regula Berger appointed CEO of Basler Kantonalbank effective March 2025

Regula Berger will become the new CEO and Chairwoman of Basler Kantonalbank (BKB) on March 1, 2025, succeeding Basil Heeb, who is leaving at his own request. With six years at BKB, Berger brings extensive professional expertise and strong leadership skills, poised to drive the bank's next strategic phase.
punkt4.info
Zürcher Kantonalbank Basler Kantonalbank Swiss Takeover Board CHE Basil Heeb Regula Berger Adrian Bult Show more
TradFi, Press Release
13:08 27.09.2024

aimco undergoes leadership changes with new investment executives following cio departure

AIMCo announced the departure of CIO Marlene Puffer and promoted Justin Lord and David Scudellari to senior executive managing directors, with Lord taking on the newly created role of global head of public markets. CEO Evan Siddall praised their extensive investment experience while thanking Puffer for her contributions. The future of the CIO position remains uncertain as AIMCo navigates leadership changes amidst a backdrop of previous organizational upheavals.
Institutional Investor
AIMCo CalPERS CAN Evan Siddall David Scudellari Sandra Lau Justin Lord Marlene Puffer Show more
Finance & Economy, News Article
13:07 27.09.2024

ubs forecasts widening franco-german bond spread amid political uncertainty

UBS has revised its forecast for the Franco-German spread, now expecting it to reach 90 basis points in October, up from an earlier estimate of 70-80. The bank cites political and fiscal uncertainties as factors preventing OAT spreads from returning to previous lows, despite the resilience of French bonds due to disinflation and a strong institutional investor base. Clients in Paris express mixed views on the outlook for OATs, with a general consensus on the risk of further spread widening.
Bourse Direct
Euro UBS SA FRA DEU
TradFi, Market Report
09:00 27.09.2024

major banks predict european central bank rate cut in october

Major brokerages, including Goldman Sachs and JPMorgan, anticipate a quarter-point rate cut from the European Central Bank at its Oct. 17 meeting, driven by recent economic data indicating weakness and slowing inflation. Market expectations now reflect a 90% chance of this cut, following reductions in June and September. Euro zone inflation fell below 2% for the first time since mid-2021, while business activity contracted sharply in September, prompting policymakers to prioritize growth over price pressures.
Reuters
Euro JPMorgan Chase & Co. RBC Canadian Bond Index ETF HSBC Holdings plc Barclays PLC BNP Paribas SA Amanda Cooper JPMorgan Alun John Goldman Sachs Show more
TradFi, Market Report
09:00 27.09.2024

martin gilbert pursues acquisition of banque havilland's monaco subsidiary

Martin Gilbert, Chairman of Revolut and founder of Abrdn, is reportedly interested in acquiring Banque Havilland's Monaco subsidiary after Andbank withdrew from a potential purchase. A consortium of private individuals has agreed to take over, pending regulatory approval, while Revolut may be eyeing Havilland's banking license. Meanwhile, the Liechtenstein subsidiary is facing liquidation, with EFG International emerging as a likely buyer.
finews.asia
Euro Revolut Ltd. VP Bank AG EFG International AG Glencore plc Aberdeen Standard Investments Ltd. LUX LIE CHE AND GBR Martin Gilbert Harley Rowland Show more
TradFi, Market Report
09:00 27.09.2024

Pictet expands Zurich team with acquisition of UBS private bankers

Pictet is expanding its Zurich private banking unit by acquiring four specialists from UBS, marking a significant loss for the major bank. The new hires, Gregor Meier, Martin Frei, Steffen Glos, and Roger Baumann, will join Pictet at the historic Leuenhof building on October 1, 2024. This move underscores Pictet's strategy of organic growth and its ambition to strengthen its presence in German-speaking Switzerland.
finews.ch
UBS AG Pictet Capital SA CHE Steffen Glos Martin Frei Gregor Meier Roger Baumann Show more
TradFi, Market Report
09:00 27.09.2024

ubs upgrades sensirion rating shares surge on positive outlook

UBS has upgraded Sensirion's rating from "sell" to "buy," raising the price target from CHF 68 to CHF 84. The analyst notes positive signs of an end to destocking and anticipates growth in the high-margin medical technology division by 2025, while the industrial division is already seeing improved demand for air purifiers in early 2024.
cash.ch
Swiss Franc UBS SA CHE
TradFi, Market Report
09:00 27.09.2024
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