{
}
For over two years, many Russian businesses remained largely unaffected by the war in Ukraine, buoyed by increased defense spending and subsidized loans. However, as sanctions limited access to foreign markets and inflation rose, the impact of the conflict is now being felt more acutely. The MOEX index, after an initial decline, has shown signs of steady recovery.
China and the US were absent from treaty discussions on production limits, with the US likely shifting its stance post-Trump's victory. The petrochemical industry, heavily represented at the talks, opposes ambitious treaty measures, focusing instead on waste management while ignoring the need for production caps, which could exacerbate plastic pollution and health risks. As fossil fuel demand declines, plastics are seen as a profitable alternative, raising concerns about environmental and health impacts.
In 2025, sports fans can look forward to events like the UEFA Women's EURO in Switzerland and the Biathlon World Championships. Economically, a potential boom is anticipated in the U.S. with expected interest rate cuts and corporate profit growth, driven by significant investments in artificial intelligence, projected to reach over $1.1 trillion by 2027.
Raizen SA is considering selling a stake in its second-generation ethanol plants to generate funds for investments and assist its main shareholder in reducing debt leverage. Additionally, the company is evaluating the sale of its stake in the Brazilian Oxxo convenience store operator, which is not central to its core business.
AstraZeneca Plc has shed its last bearish analyst ratings as UBS upgraded the stock to neutral, following a significant share-price decline of around 10% this month. The company now holds 24 buy ratings and seven holds, with no sell ratings, despite ongoing investigations in China impacting sentiment. Analysts from Nordea Bank and Intron Health have also raised their ratings, suggesting the recent slump in shares was overdone.
AstraZeneca Plc has shed its last bearish analyst ratings as UBS upgraded the stock to neutral, following a significant share-price decline of around 10% this month. The company now holds 24 buy ratings and seven holds, with no sells, despite ongoing investigations in China impacting sentiment. Analysts from Nordea Bank and Intron Health also raised their ratings, suggesting the recent slump was overdone.
Nokia has outsourced its U.S. defined benefit pension management to Mercer Investments, shedding its in-house team amid rising costs and low profitability in corporate pensions. This move aligns with a broader trend of companies offloading pension responsibilities to external firms, allowing them to focus on core operations while OCIOs like Mercer benefit from increased assets under management.
The offshore wind industry is advancing with floating wind technology, allowing turbines to be placed in deeper waters, enhancing efficiency and reducing conflicts with coastal communities. A collaborative project off Ulsan, Korea, aims to develop 6.2 gigawatts of floating wind capacity by 2031, supported by US taxpayer-funded initiatives. As the US sets ambitious goals for offshore wind, including 15 gigawatts of floating capacity by 2035, companies like Principle Power are poised to play a significant role in this evolving sector.
Shell Plc is seeking to sell a majority stake in its nature-based carbon offsets business amid a market downturn for emissions credits. The company, which aims to retain a minority stake, is in discussions with private equity firms as it shifts focus back to fossil fuels under CEO Wael Sawan. The sale comes as REDD+ credit prices plummet and scrutiny over project impacts increases, reflecting broader consolidation trends in the carbon market.
Shell Plc has urged a UK court to allow the continued development of the Jackdaw gas field in the North Sea, despite acknowledging flaws in the project's approval process. The company recognized a legal error in the granting of its license but emphasized the importance of not jeopardizing the project's commercial viability.
Shell plc
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Russian Businesses Face Growing Challenges Amid Ongoing War in Ukraine
20:46 04.12.2024
negotiations for global plastic treaty fail amid fossil fuel opposition
United States Dollar
ExxonMobil
Dow Inc.
BASF
SABIC
Saudi Aramco
Chevron Corp
Shell plc
Delphine Levi Alvares
Aileen Lucero
Bethanie M Carney Almroth
Show more
00:08 03.12.2024
economic outlook for 2025 highlights sports events and artificial intelligence investments
United States Dollar
Metallus Inc.
Microsoft Corporation
Shell plc
NVIDIA Corporation
Alphabet Inc.
Amazon.com, Inc.
Dow Inc.
USA
CHE
Show more
15:24 02.12.2024
raizen explores stake sale in ethanol plants and oxxo convenience stores
01:20 23.11.2024
AstraZeneca shares rebound as UBS upgrades stock to neutral rating
United States Dollar
Shell plc
Intron Health
AstraZeneca PLC
China National Medical Products Administration
Nordea Bank Abp
UBS Group AG
GBR
Joe Easton
Matthew Weston
Show more
12:05 20.11.2024
AstraZeneca stock upgraded as analysts shift from sell to neutral ratings
AstraZeneca PLC
Shell plc
China National Medical Products Administration
Nordea Bank Abp
UBS Group AG
GBR
Matthew Weston
Joe Easton
Show more
12:05 20.11.2024
nokia outsources pension management to mercer amid industry trend
United States Dollar
Mercer
Eastman Kodak Company
The Goldman Sachs Group, Inc.
Shell plc
Nokia Oyj
Lucent Technologies Inc. Defined Contribution Plan Master Trust
UPS
BlackRock, Inc.
NEPC
Vanguard
USA
Charles Skorina
Jeanmarie Grisi
Brad Alford
Show more
16:10 15.11.2024
floating wind technology expands offshore energy potential in deeper waters
United States Dollar
TotalEnergies SE
Equinor ASA
Shell plc
Copenhagen Infrastructure Partners K/S
Aker Solutions ASA
Principle Power Inc.
Show more
16:54 14.11.2024
shell plans to sell majority stake in carbon offsets business
19:35 13.11.2024
shell urges court to allow north sea gas project despite permit flaws
17:22 13.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Stock Market Updates
Private Equity Deals
Government Economic Policies
Industry Mergers & Acquisitions
Fintech Startups
Energy Sector Developments
AI Applications
Funding Rounds & Investments
Venture Capital Investments
AI Innovations
Emerging Startups
Commodities
CEO Changes
Inflation and Monetary Impact
Countries:
Companies:
Apple Inc.
Google Inc.
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
Mastercard Inc
NVIDIA Corp
Tesla, Inc.
OpenAI ERC USD
The Goldman Sachs Group, Inc.
Visa Inc.
SWIGGY LIMITED
GLOE Inc.
Mistral 1
S&P 500
Ripple USD USD
NAURA Technology Group Co., Ltd.
OLA ELECTRIC MOBILITY LTD
Microsoft Corp
Micron Technology, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
British Pound Sterling
Saudi Riyal
New Zealand Dollar
Qatari Riyal
Thai Baht
Vietnamese Đồng
Canadian Dollar
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Brazilian Real
Swiss Franc
Bangladeshi Taka
Kuwaiti Dinar
People: