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Burberry Group reports strong retail performance and geographic sales distribution
Burberry Group plc has been upgraded to Neutral by UBS. The company focuses on high-quality clothing and accessories, with net sales primarily from retail distribution (80.8%) through 455 stores, followed by wholesale (17.1%) and licensed sales (2.1%). Geographically, sales are led by Asia/Pacific (44.3%), followed by Europe/Middle East/India/Africa (35%) and America (20.7%).
MarketScreener
British Pound Sterling Euro United States Dollar Burberry Group plc ARE USA GBR IND HKG CHN Show more
TradFi, Market Report
03:35 15.11.2024
fertitta becomes largest shareholder in wynn resorts with 9.9 percent stake
Billionaire Tilman Fertitta has increased his stake in Wynn Resorts to 9.9%, becoming the largest individual shareholder, as the company's stock rose 9% following the news. Despite a long history of volatility, Wynn's stock has gained roughly 57% over the past two decades, significantly lagging behind competitors like Marriott and Hilton. Fertitta, who also owns the Houston Rockets and several Golden Nugget casinos, is planning a new casino resort on the Las Vegas Strip while Wynn faces scrutiny over its performance and future development plans.
CNBC
United States Dollar Houston Rockets Wynn Resorts, Limited Hilton Landry’s Marriott International, Inc. USA ARE CHN MAC Craig Billings Steve Wynn Elaine Wynn Tilman Fertitta Show more
Finance & Economy, Market Report
21:05 14.11.2024
global big data healthcare market projected to reach nearly ninety seven billion by 2032
The Global Big Data Healthcare Market, valued at USD 29.58 billion in 2023, is projected to reach USD 96.94 billion by 2032, growing at a CAGR of 18.48%. Key drivers include the rise of chronic diseases, connected healthcare devices, and advancements in data analytics, while challenges involve data privacy concerns and integration issues. Major players include GE Healthcare, Optum, Siemens, and IBM, focusing on improving patient outcomes through predictive analytics and machine learning.
openPR.com
IBM Corporation Philips GE HealthCare Technologies Inc. Optum Siemens Energy AG ARE ZAF CAN NGA DEU BEL KOR TUR SAU GBR TWN ISR MEX IND JPN AUT CHN ESP QAT COL ARG MAR SGP BRA TUN RUS FRA ITA NLD NZL AUS CHL POL USA IBM Corporation Philips Siemens Optum GE Healthcare Show more
Technology & Innovation, Market Report
12:59 14.11.2024
identity and access management in healthcare market to reach 5.57 billion by 2032
The global identity and access management (IAM) market in healthcare is projected to grow from USD 1.60 billion in 2024 to USD 5.57 billion by 2032, at a CAGR of 16.9%. This growth is driven by increasing cyberattacks, the rise of telemedicine, and a heightened focus on data protection, particularly in North America and Asia Pacific. Major players like IBM and Oracle are leading innovations in this expanding market.
GlobeNewswire News Room
Euro United States Dollar IBM Oracle Corporation Cisco Systems, Inc. ARE DEU CAN KOR ZAF MYS USA SAU BRA GBR RUS ISR MEX FRA IND JPN ITA NLD AUS IDN CHN ESP ARG Joe Biden Likhil G8 Donald Trump Show more
Technology & Innovation, Market Report
12:56 14.11.2024
purehealth explores acquisition of nmc healthcare in potential multi-billion dollar deal
PureHealth Holding PJSC, backed by Abu Dhabi's ADQ, is exploring a potential acquisition of NMC Healthcare. The health-care group, which went public last year, is in the preliminary stages of evaluating a bid that could value the hospital chain at several billion dollars.
Bloomberg.com
NMC Healthcare ARE
Finance & Economy, Market Report
12:27 14.11.2024
shifts in leadership at major middle eastern sovereign wealth funds
The Middle Eastern sovereign wealth fund landscape is undergoing significant changes, with Qatar appointing a new CEO for its $510 billion fund and Kuwait replacing the head of its $1 trillion state-backed investor. Meanwhile, the Abu Dhabi Investment Authority is navigating a strategic shift.
bloomberg.com
Kuwaiti Dinar United Arab Emirates Dirham Qatari Riyal Abu Dhabi Investment Authority Bloomberg LP ARE KWT QAT Show more
Finance & Economy, News Article
12:11 14.11.2024
etihad to invest up to 1 billion in aircraft retrofit program
Etihad is set to invest up to $1 billion in a major retrofit program for its widebody aircraft, marking the airline's largest overhaul initiative to date. The project will begin with approximately 50 Boeing 787 and 777 jets, focusing on complete cabin renovations, high-speed internet installation, and a new entertainment system. The retrofit will eventually extend to the entire fleet of widebody aircraft.
Bloomberg.com
United States Dollar Etihad Airways The Boeing Company ARE
Finance & Economy, News Article
09:13 14.11.2024
Abu Dhabi investment authority increases private equity allocation to 12-17 percent
The Abu Dhabi Investment Authority (ADIA), managing approximately $1 trillion in assets, has increased its target allocation for private equity to 12%-17% of its overall portfolio, up from 10%-15% the previous year. This move highlights ADIA's significant role as a global dealmaker, while allocations to other asset classes remain unchanged.
Bloomberg.com
United States Dollar Abu Dhabi Investment Authority ARE
Finance & Economy, Market Report
08:56 14.11.2024
switzerland remains top choice for wealthy entrepreneurs seeking relocation options
Switzerland remains a top destination for high-net-worth individuals, with 11% of UAE respondents and 8% from Hong Kong considering relocating assets there. Swiss entrepreneurs show greater optimism about wealth growth, yet 45% cite a lack of confidence in the next generation for succession, with over half lacking plans.
finews.com
Hong Kong Dollar Singapore Dollar United States Dollar Swiss Franc United Arab Emirates Dirham HSBC ARE SGP CHN HKG CHE GBR TWN USA IND Ipsos Gabriel Castello Show more
Finance & Economy, Market Report
05:31 14.11.2024
truffle capital leads 15 million investment in crypto platform wyden
Wyden has secured a €15M financing round led by Truffle Capital, marking the latter's entry into the crypto sector. The platform enables traditional banks to offer crypto services by integrating with multiple exchanges and custodians, aiming to expand its client base from 12 to 32 banks by 2025. With a focus on regions with established crypto regulations, Wyden positions itself as a leader in digital asset trading technologies for institutions.
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News
Euro United States Dollar Banque Delubac & CIE Baader Bank Aktiengesellschaft Luzerner Kantonalbank AG InCore Bank AG BRA CHE SGP HKG ARE FRA TUR DEU Philippe Pouletty Alexis Le Portz Bernard-Louis Roques Show more
TradFi, Market Report
19:08 13.11.2024
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