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Anheuser-Busch InBev SA/NV, owner of around 500 beer brands including Budweiser and Corona, has seen a 36.3% reduction in stock position by PNC Financial Services Group. Despite a current "Buy" rating, top analysts suggest five other stocks as better investment opportunities. The company reported a quarterly EPS of $0.88, surpassing estimates, with a market cap of $112.14 billion.
Slaughter cattle prices in the EU continue to rise, with young bulls averaging 624.93 euros/100 kg BW, a 0.5% increase. Notable price hikes were seen in Denmark, Ireland, and Poland, while Italy experienced a 4.3% drop. Slaughter cow prices also increased to 515.87 euros/100 kg BW, with significant gains in several countries, although Austria and Spain saw declines. Heifer prices rose to 610.19 euros/100 kg BW, with Poland and Belgium leading the increases, while Italy's prices fell by 3.3%.
The European Parliament is embroiled in a corruption scandal involving Huawei, with allegations of bribery linked to political positions and lavish gifts. Belgian prosecutors are investigating incidents from 2021 to the present, leading to police raids and the sealing of offices associated with implicated parliamentary assistants. Huawei has stated it takes the allegations seriously and is committed to cooperating with the investigation.
Banco Santander, CaixaBank, and BBVA are collaborating to create a unified instant payment system in Europe, inspired by Spain's Bizum. This initiative aims to integrate various national payment systems, enhancing security and facilitating seamless transactions across borders. Users may soon benefit from this innovative solution, which promises to simplify both peer-to-peer and commercial payments.
The European Parliament has suspended multiple Huawei representatives amid a bribery investigation, which Belgian prosecutors believe has been ongoing since 2021. Allegations include bribing officials for political favors and providing excessive gifts. Huawei has stated its commitment to addressing the issue and maintaining a zero-tolerance policy towards corruption.
The European Parliament has barred Huawei lobbyists from its premises amid a corruption investigation involving allegations of bribery aimed at EU lawmakers. This decision follows the arrest of multiple individuals and extensive searches across Brussels and other regions, with suspicions dating back to 2021. Huawei has stated it takes the allegations seriously and plans to engage with investigators.
Belgian authorities have raided multiple locations, including Huawei's Brussels offices, as part of a corruption investigation involving allegations of bribery, money laundering, and document forgery aimed at influencing EU lawmakers. The European Parliament has confirmed its cooperation with the probe, while Huawei has stated its commitment to compliance and transparency. This investigation has drawn comparisons to the 2022 Qatargate scandal, highlighting ongoing concerns about ethics and lobbying practices within the EU Parliament.
The European Parliament has suspended access for Huawei representatives amid a corruption investigation involving the company, which allegedly bribed current and former MEPs to promote its interests. This precautionary measure follows police searches linked to the scandal, which reportedly involves around 15 MEPs and includes undeclared payments and lavish gifts. The case adds to a series of corruption issues facing the European Parliament.
Belgian police have conducted multiple raids as part of a corruption investigation linked to Huawei's lobbying efforts within the European Parliament since 2021. Several individuals, suspected of bribing current and former members to promote Huawei's interests, have been detained, with operations extending to Portugal and France. The investigation highlights allegations of discreet corruption practices, including excessive gifts and compensation for political positions, prompting a strong response from Huawei, which maintains a zero-tolerance policy towards corruption.
The European Parliament has barred Huawei representatives from its premises amid a corruption investigation linked to the Chinese tech giant. Following police raids in Belgium and Portugal, several individuals were detained for alleged corruption, including bribery disguised as conference expenses. Huawei stated it takes the allegations seriously and maintains a zero-tolerance policy towards corruption.
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