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Switzerland excels in pharmaceuticals, while the US leads in MedTech, attracting entrepreneurs with favorable regulations and financing. Europe is fostering innovation in sustainability and climate tech, with regions like 'Swiss Valley' and 'Silicon Canals' emerging as vibrant ecosystems for start-ups, supported by significant venture capital investments.
Venture capital is increasingly shaping Europe's innovation landscape, with regions like 'Swiss Valley' and 'Silicon Canals' emerging as key hubs. Switzerland's healthcare sector attracts significant investments, while Amsterdam fosters a diverse start-up ecosystem. As sustainability becomes a priority, VC firms are integrating ESG criteria, driving innovation in climate tech and renewable energy.
Venture capital is increasingly shaping innovation in Europe, with regions like 'Swiss Valley' and 'Silicon Canals' emerging as key hubs. In 2024, Europe holds USD 47.2 billion in 'dry powder' for VC investments, particularly in healthcare and technology, despite facing competition and economic uncertainties. The growth of start-ups in these sectors is supported by strong academic institutions and strategic acquisitions by major companies, highlighting a vibrant landscape for future investment.
U.S. inflation rose slightly in October, with the personal consumption expenditures price index increasing by 0.2% month-over-month and 2.3% year-over-year, while core inflation hit 2.8%. Despite a dip in U.S. stock markets, investors remain optimistic, with many betting on a potential rate cut by the Federal Reserve in December. The market shows resilience, as over three-quarters of S&P stocks are above their 200-day moving average, indicating a solid upward trend.
Just Eat Takeaway will delist from the London Stock Exchange due to low liquidity and trading volumes, making Amsterdam its sole trading venue. The delisting, effective December 27, aims to reduce administrative burdens and costs associated with maintaining the LSE listing. This decision follows the company's recent sale of its GrubHub arm for $650 million, significantly less than its original purchase price.
Just Eat Takeaway.com NV plans to delist from the London Stock Exchange due to low share liquidity, shifting to a sole listing on Euronext Amsterdam. The decision, effective December 27, aims to reduce administrative burdens, complexity, and costs associated with the secondary listing.
Just Eat Takeaway.com NV has experienced its strongest weekly rally since July 2022, with shares rising 27% after announcing the sale of Grubhub for $650 million. This sale marks a significant loss compared to the $7.3 billion acquisition price during the pandemic, outperforming all other companies on the Stoxx 600 index.
Just Eat Takeaway.com N.V., headquartered in Amsterdam, is a prominent global online food delivery marketplace, connecting consumers with over 699,000 restaurant partners. The company operates in various regions, including North America, Northern Europe, the UK, Southern Europe, Australia, and New Zealand, offering a diverse range of food choices and delivery services.
UBS has maintained a 'Buy' rating for Just Eat Takeaway following the release of third-quarter figures. Analyst Jo Barnet-Lamb noted that while the food supplier's growth was modest, its profitability remains positive.
UBS has maintained a 'Buy' rating for Just Eat Takeaway following the release of third-quarter figures. Analyst Jo Barnet-Lamb noted that while the food supplier's growth was modest, its profitability remains positive.

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