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The Italian government's allocation of 3.7 billion euros for healthcare has sparked outrage among medical professionals and opposition parties, who argue that the funds are insufficient to address critical needs. Union leaders warn that the proposed budget will exacerbate existing issues in public health, while the government claims it is the largest investment in healthcare to date. Critics, including the Gimbe Foundation, emphasize that without immediate and substantial funding, access to care will increasingly become a privilege rather than a right.
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.
Prime Minister Meloni expressed pride in the government's financial maneuver, emphasizing a commitment to healthcare funding without raising taxes. However, opposition leaders criticized the allocation, claiming only 880 million is earmarked for 2025, significantly less than promised. Meloni also highlighted the importance of cooperation with banks while addressing low-income family support and discussed upcoming meetings on migration policies, stressing their European significance.
The Walloon government has unveiled its initial budget for 2025, targeting €268 million in savings to support new policies while aiming to halve the deficit by 2029. Key measures include continued funding for healthcare, support for vulnerable populations, and a focus on economic recovery without new taxes. The budget also emphasizes efficiency in public finances and the preservation of essential services.
Ralph Hamers, currently CEO of ING Group, will succeed Sergio Ermotti as CEO of UBS on November 1. After transforming ING into a digital banking leader over six years, Hamers will leave ING on June 30 and join UBS on September 1, following a decision not to extend Ermotti's term. This leadership change at UBS comes shortly after a similar transition at Credit Suisse.
UBS Group AG notified Solvay of a downward crossing of the 3% voting rights threshold on October 7, 2024, due to a reduction in holdings in its trading portfolio. Following this adjustment, UBS's total indirect interest in Solvay's voting rights fell below 3%, triggering the disclosure obligation. Solvay, committed to sustainable chemistry, reported net sales of 4.9 billion euros in 2023 and aims for carbon neutrality by 2050.
UBS Group AG notified Solvay that it crossed a transparency threshold, reducing its indirect voting rights below 3% as of October 7, 2024, due to a decrease in Trading Book holdings. This notification aligns with Belgian transparency legislation, reflecting UBS's controlled undertakings' holdings. Solvay, a leading chemical company with a commitment to sustainability and a goal of carbon neutrality by 2050, reported €4.9 billion in net sales in 2023 and employs over 9,000 people globally.
Indian startups raised $232 million across 29 deals this week, marking a significant recovery from the previous week's $91 million, largely driven by a major debt transaction. Key sectors attracting investment include AI, healthcare, and agritech, with a notable focus on sustainability and capital efficiency as startups navigate market challenges. Rising debt financing is becoming crucial for growth-stage companies, allowing them to expand without diluting equity.
David Einhorn's Greenlight Capital continues to lag behind the market, gaining just over 1% in Q3 and 9% year-to-date, compared to approximately 21% for the S&P 500 and Nasdaq. In September, the fund's largest positions, including Green Brick Partners and CONSOL Energy, performed well, while others like Brighthouse Financial and Kyndryl Holdings saw declines. Despite mixed results, Greenlight's macro bet on gold rose over 6% last month.
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Italian healthcare funding faces criticism amid government budget allocations
12:00 17.10.2024
just eat takeaway.com expands global online food delivery marketplace
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11:39 17.10.2024
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20:22 16.10.2024
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23:23 15.10.2024
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17:45 14.10.2024
ubs group ag notifies reduction in voting rights in solvay sa
17:45 14.10.2024
Indian startups raise 232 million dollars in funding with rising debt transactions
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09:00 13.10.2024
david einhorn's greenlight capital lags behind major market indices
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17:06 01.10.2024
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