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citigroup relocates some staff from lebanon amid escalating violence

Citigroup has relocated some of its staff from Lebanon to Turkey amid escalating violence in the region. Despite this move, over 20 employees remain in Lebanon, and the bank continues to service its clients there without interruption.
Bloomberg.com
Citigroup Inc. LBN
Finance & Economy, News Article
13:24 28.10.2024

Swiss president supports revising arms re-export ban to Ukraine

Switzerland's president supports revising the ban on re-exporting Swiss-made arms to Ukraine, citing negative impacts on the country's industry and security. Viola Amherd emphasized the need for Switzerland to enhance its defense capabilities and strengthen ties with NATO, while maintaining its neutral stance in global conflicts.
SWI swissinfo.ch
Swiss Franc Nato B.V. NLD UKR CHE RUS Viola Amherd Show more
Finance & Economy, News Article
13:22 28.10.2024

Swiss cantons experience varied economic growth in 2022

In 2022, all 26 Swiss cantons experienced economic growth, with GDP rising by 3% overall. Jura and Neuchâtel led the growth at 7.8% and 5.8%, respectively, driven by strong industrial performance, while Vaud lagged at just 0.1%. The manufacturing and energy sectors were key contributors, although the financial sector saw declines.
SWI swissinfo.ch
Swiss Franc Apple Inc. CHE Show more
TradFi, Market Report
13:16 28.10.2024

Swiss cantons experience varied economic growth in 2022

In 2022, all 26 Swiss cantons experienced economic growth, with GDP rising by 3% overall. Jura and Neuchâtel led the growth at 7.8% and 5.8%, respectively, driven by strong industrial performance, while Vaud lagged at just 0.1%. The manufacturing and energy sectors were key contributors, although the financial sector and construction saw declines.
SWI swissinfo.ch
Swiss Franc Apple Inc. Microsoft Corporation Google Inc. CHE Show more
Finance & Economy, News Article
13:16 28.10.2024

Monzo prepares for potential IPO amid significant growth and expansion plans

Monzo reported its first annual profit before tax of £15.4 million for the financial year ending March 2024, a significant turnaround from a £116.3 million loss the previous year. Revenue surged to £880 million, driven by new savings and lending products, while customer numbers exceeded 9.3 million. The bank plans to launch pension and mortgage products and expand into the US and Europe, despite ongoing regulatory scrutiny from the Financial Conduct Authority regarding past compliance issues.
IG
Euro British Pound Sterling United States Dollar Citizens, Inc. Alphabet's (Google) TENCENT JPMorgan Chase & Co. Lloyds Banking Group plc GBR Jonas Huckstein Jason Bates Paul Rippon Gary Dolman Tom Blomfield Show more
TradFi, Market Report
13:10 28.10.2024

Scania to exclusively use Northvolt batteries for future electric trucks

Scania has announced a complete transition to Northvolt batteries for all its future electric trucks, demonstrating confidence in the struggling Swedish battery manufacturer. CEO Christian Levin stated that the current supply volumes from Northvolt meet their needs amid the existing market conditions.
bloomberg.com
Northvolt AB Volkswagen AG Scania AB SWE Christian Levin Show more
Technology & Innovation, Press Release
13:04 28.10.2024

Swiss president optimistic about EU deal despite immigration challenges

Swiss President Viola Amherd expressed optimism about reaching a deal with the EU by the end of the year, despite ongoing challenges related to immigration. Progress has been made on institutional issues and state aid, but domestic opposition, particularly from the right-wing Swiss People’s Party, complicates negotiations. Amherd remains confident that solutions can be found to address concerns over salaries and immigration control.
SWI swissinfo.ch
Swiss Franc Swiss People’s Party CHE Viola Amherd
Regulatory & Legal, News Article
13:02 28.10.2024

investors favor trump for stock and bitcoin gains over harris

A recent survey indicates that a victory for Donald Trump in November would likely benefit investors in stocks and Bitcoin, with 38% of respondents expecting gains to accelerate under his leadership, compared to just 13% for Kamala Harris. While Trump's presidency is seen as more favorable for the stock market, a Harris administration may provide slightly greater relief for housing costs. The stock market has already risen about 22% in 2024.
bloomberg.com
Bloomberg USA
Finance & Economy, Market Report
13:00 28.10.2024

Boeing considers sale of space business amid challenges and opportunities

Boeing is reportedly considering a sale or spinoff of its space business, including the Starliner program, as it seeks to focus on its struggling commercial aircraft sector. This move could benefit Boeing by alleviating operational burdens, restore NASA's confidence, and provide investors with potential cash influx amid a growing commercial space market.
bloomberg.com
The Boeing Company USA Boeing Co.
Finance & Economy, Market Report
13:00 28.10.2024

AtriCure to Present at UBS Global Healthcare Conference in November 2024

AtriCure (Nasdaq: ATRC) will participate in the UBS Global Healthcare Conference on November 12, 2024, at 5:00 pm Pacific Standard Time, engaging in a fireside chat. Investors can access a live audio webcast of the presentation through the company's website. AtriCure specializes in surgical treatments for atrial fibrillation, left atrial appendage management, and post-operative pain management.
@StockTitan_net
USA Angie Wirick
TradFi, Press Release
13:00 28.10.2024
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