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ubs maintains neutral rating for eni with target price of 14 euros

UBS has maintained a "Neutral" rating for Eni, setting a target price of 14 euros. Analyst Joshua Stone noted that the oil company's decision to sell project shares in Ivory Coast and Congo is a positive development, leading to a slight reduction in its leverage ratio.

société générale shows promising signs towards achieving 2026 strategic goals

Société Générale is pursuing a strategic turnaround by 2026, aiming for a CET 1 ratio of 13%, a cost-to-income ratio below 60%, and a RoTE of 9-10%. Following a strong Q3 2024 performance, with net income soaring to €1.367 billion, analysts are increasingly optimistic about the bank's recovery and its ability to meet these targets. CEO Slawomir Krupa emphasizes a focus on capital build-up and profitability improvement amid ongoing restructuring efforts.

brics bloc attracts global interest as 23 countries seek membership expansion

The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, is set to expand in 2025, with over 20 countries expressing interest in joining, driven by a desire for de-dollarization and a shift in global economic dynamics. U.S. President-elect Donald Trump has threatened 100% tariffs on nations supporting a BRICS currency, emphasizing the need to maintain the dominance of the U.S. dollar. The bloc aims to integrate nations that align with its vision, reflecting its growing influence in international affairs.
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