Italy's Structural Budget Plan, replacing the NaDef, commits the country to a binding five-year public finance program with strict spending limits. Aimed at reducing the structural deficit by 0.55% of GDP annually in 2025 and 2026, the plan mandates that net primary expenditure grows by no more than 1.5% per year until 2031, reversing the post-Covid spending surge.
The global telemedicine market, valued at USD 97.15 billion in 2023, is projected to grow to USD 432.31 billion by 2032, driven by increasing demand for accessible healthcare. Key players include Teladoc Health and American Well, with advancements in digital health technologies enhancing patient engagement and cost-effective delivery.
On September 23, 2024, the DOJ updated its guidance on corporate compliance programs, emphasizing the evaluation of risk management for disruptive technologies like AI, internal reporting encouragement, and access to data for compliance monitoring. New pilot programs incentivize compliance-related behaviors in compensation decisions and support whistleblower initiatives, particularly in healthcare. These changes aim to enhance accountability and compliance within organizations.
French President Emmanuel Macron met with top Wall Street executives during the UN General Assembly to discuss France's financial challenges and potential tax increases. He emphasized the need for fiscal consolidation amid a projected deficit exceeding 6% this year, while promoting France as an attractive investment destination. Macron's proactive engagement comes as his government aims to reduce the deficit to 5% by 2025 through spending cuts and temporary tax hikes on large companies and wealthy individuals.
H4D, a pioneer in teleconsultation booths, has gone out of business due to an unsustainable business model and high operational costs, despite initial funding boosts and a surge in telemedicine during the pandemic. Local authorities struggled to make the sophisticated booths profitable, with low user engagement leading to only 300 consultations in 18 months in one village. As competition from cheaper alternatives grows, the telemedicine sector is still searching for a viable business model, with hopes for future growth amid regulatory changes.
The Global Virtual Vet Telemedicine Market is set for significant growth from 2024 to 2032, driven by key industry trends and opportunities. The market analysis covers various applications, including residential and commercial services, and identifies major players across essential geographies such as North America, Europe, and Asia-Pacific. The report provides insights into market forecasts, driving forces, and potential revenue channels for future growth.
Regal Partners is in due diligence talks with Platinum, aiming for a higher bid after its initial offer was rejected. The potential merger could enhance Regal's infrastructure and market presence while providing Platinum with a boost amid recent underperformance. Both firms are among the few attracting significant inflows in the Australian fund management market.
IG
07:44 04.10.2024
US share markets faced pressure from escalating Middle East tensions and anticipation of the September payrolls report, while the ASX 200 reached a record high before declining. Key economic indicators showed mixed results, with stronger job openings and a rise in crude oil prices, while inflation in the euro area eased and China's manufacturing PMI fell. Upcoming key dates include the RBA meeting minutes and US inflation data, as markets brace for potential shifts in monetary policy.
IG
06:44 04.10.2024
DKSH Holding reported a net profit of CHF 111.2 million, despite slightly lower sales, while EFG International achieved a net profit of CHF 162.8 million in the first half of 2024, with a dividend yield of 4.74%. The Swiss market is currently cautious, with top dividend stocks offering yields up to 5.6%.
06:17 04.10.2024
Glarner Kantonalbank (GLKB) has demonstrated stable performance amid economic challenges, with a slight share price increase of 0.67% over the past month, reflecting investor confidence. The bank's attractive dividend policy is highlighted by an expected EUR 1.10 per share for 2024, yielding 4.90%, appealing to income-focused investors. Recent analyses suggest shareholders may need to consider their positions carefully.
23:36 03.10.2024
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