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Peru aims to attract over $500 million for digital infrastructure investments in the next two years, focusing on 5G deployment with partnerships from Chinese companies like ZTE and Huawei. The government supports telecom development through favorable regulations and public-private partnerships, targeting 60% urban 5G coverage by 2025. Internet access has surged from under 20% in 2012 to over 76% in 2023, reflecting significant progress in bridging the digital divide.
Jörg Friedemann, the investor relations officer at Nubank, Latin America's largest fintech, is set to leave his position by April 2025 to pursue a new opportunity. He joined Nubank in July 2022 and previously held significant roles at Citigroup, Goldman Sachs, Bank of America, and UBS. Currently, he also serves as Nubank’s global head of ESG and market intelligence.
Google has removed references to "underrepresented" founders from its grant programs, now describing them as support for "innovators." The changes come amid a broader shift in the tech industry away from diversity, equity, and inclusion initiatives, with the company indicating a future focus on AI startups. Currently, no grant programs are available, raising concerns about the future of funding for minority founders.
UBS has adjusted the price target for Stevanato Group SpA to $23.50 from $24 while maintaining a neutral rating. The Italy-based company specializes in biopharmaceutical and diagnostic solutions, providing drug containment and delivery systems, as well as engineering services for the pharmaceutical industry. Stevanato operates globally, including in Europe, Brazil, China, Mexico, and the United States.
At MWC 2025, Huawei showcased AI-driven innovations for the power and ISP sectors, emphasizing digital transformation through cloud, 5.5G, and FTTO technologies. Key highlights included the introduction of a collaborative platform for IEEE standards, a white paper on ISP success driven by RAMS, and guidance for Passive Optical LAN construction, all aimed at enhancing efficiency and value creation in the industry.
Global billionaire wealth soared to a record $14 trillion in 2024, with the U.S. leading at $5.8 trillion, driven by strong economic growth and technological innovation. In contrast, China's billionaire wealth fell to $1.8 trillion due to regulatory challenges. The tech sector emerged as the primary wealth creator, while industrial investments also surged, reflecting shifting economic dynamics.
Startup Mahakumbh is set to host its second edition from April 3-5, 2025, at Bharat Mandapam, attracting delegates from over 50 countries to showcase India's vibrant startup ecosystem. The event will feature sectoral pavilions on industries like AI, HealthTech, and FinTech, fostering global collaboration and innovation. Supported by key industry bodies and government initiatives, it aims to position India as a leader in the global startup landscape by 2047.
UBS has upgraded Sumitomo Chemical's stock rating from Sell to Neutral, raising the price target to KRW385 from KRW360. This change follows a 15% underperformance over six months and is attributed to the company's restructuring efforts and leadership changes under CEO Keiichi Iwata. The firm has maintained dividend payments for 34 years, indicating financial stability, while potential growth in agrochemicals, semiconductors, and display businesses could further enhance its market position.
At MWC Barcelona 2025, Huawei launched the "ISP Business Success Driven by RAMS" white paper, introducing an intelligent RAMS architecture aimed at enhancing ROI for ISPs and MSPs. This framework supports the demand for real-time cloud-device synergy, enabling scalable and reliable networks. Additionally, Huawei partnered with Brazil GIGA+ for an online showcase, highlighting innovative solutions for home broadband and enterprise networks.
At MWC Barcelona 2025, Huawei launched the "ISP Business Success Driven by RAMS" white paper, introducing an intelligent RAMS architecture aimed at enhancing ROI for ISPs and MSPs. This framework supports the demand for real-time cloud-device synergy, enabling efficient digital network development. Additionally, Huawei partnered with Brazil GIGA+ for an online showcase, highlighting innovative solutions for home broadband and enterprise networks.
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Peru accelerates digital infrastructure with Chinese partnerships for 5G rollout
03:52 09.03.2025
nubank investor relations officer jörg friedemann to resign by april 2025
02:30 09.03.2025
google shifts focus away from underrepresented founders in grant program changes
20:03 07.03.2025
ubs lowers stevanato price target to twenty three fifty maintains neutral rating
15:09 07.03.2025
Huawei showcases AI innovations for power and ISP sectors at MWC 2025
14:16 07.03.2025
global billionaire wealth reaches record 14 trillion amid shifting economic landscapes
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startup mahakumbh 2025 to unite global entrepreneurs across 50 countries
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ubs upgrades sumitomo chemical stock rating and raises target price
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15:23 06.03.2025
Huawei unveils RAMS white paper and GIGA global showcase for ISPs
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Huawei unveils RAMS white paper and GIGA global showcase for ISPs
14:40 06.03.2025
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