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Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
BYD is considering establishing its third European car assembly plant in Germany to enhance brand awareness, despite concerns over high labor and energy costs. Currently, the company is building two NEV plants in Hungary and Turkey, with production set to start in October 2024 and March 2026, respectively. The final decision on the new plant will depend on sales performance in Europe and the capacity utilization of existing facilities.
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.
Seventy-five percent of virtual asset service providers (VASPs) registered in the EU are expected to struggle with compliance to the Markets in Crypto-Assets Regulation (MiCA) by the end of this year. While MiCA offers a solid legal framework for the crypto industry, it poses challenges, particularly for startups and small businesses. The situation mirrors Estonia's experience with crypto licenses in 2017, suggesting significant hurdles ahead for many VASPs.
Seventy-five percent of virtual asset service providers (VASPs) registered in the EU are expected to struggle with compliance to the Markets in Crypto-Assets Regulation (MiCA) by the end of this year. While MiCA offers a solid legal framework for the crypto industry, it poses challenges, particularly for startups and small businesses. The situation mirrors Estonia's experience with crypto licenses in 2017, suggesting significant hurdles ahead for many VASPs.
Estonia-based Blackwall has successfully raised €45 million in a Series B funding round aimed at enhancing protection for small and medium-sized businesses against malicious online traffic. This investment will bolster their efforts to secure digital environments for SMBs.
Estonia-based Blackwall has successfully raised €45 million in a Series B funding round aimed at enhancing protection for small and medium-sized businesses against malicious online traffic. This investment will bolster their efforts to secure digital environments for SMBs.
Sales of anti-Elon Musk bumper stickers have surged, with Matthew Hiller selling 400 to 500 daily since the CEO's controversial actions at a Trump rally. Many Tesla owners, unable to sell their cars due to declining values, are using the stickers as a way to express their discontent with Musk's political stance. The stickers have gained international popularity, with orders coming from various countries, while demonstrations against Tesla have increased across the U.S.
Alpine Eagle, a Munich-based startup, has secured €10.25 million in Series A funding to advance its cost-effective counter-drone technology, Sentinel, which features airborne capabilities and modular sensors. With the German army as its launch customer, the company aims to expand its team and market presence, particularly in the U.K., amid rising demand for defense solutions in the current geopolitical climate. The system is designed to adapt using AI and aims to enhance operational efficiency by allowing a single operator to manage multiple drones.
Uber Technologies, Inc. operates in multiple regions, focusing on Mobility, Delivery, and Freight services. Institutional investors hold 80.24% of its stock, while analysts maintain a "Moderate Buy" rating, with a consensus target price of $90.89. Recent price targets from UBS and other firms reflect a range of $95.00 to $107.00.
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Morgan Stanley announces management changes for China A Share Fund
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13:46 24.03.2025
byd considers third european plant in germany amid tariff challenges
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10:46 17.03.2025
Belgian police conduct raids in EU bribery probe linked to Huawei
19:38 14.03.2025
majority of eu virtual asset service providers face compliance challenges
17:20 13.03.2025
majority of eu virtual asset service providers face compliance challenges
17:20 13.03.2025
Blackwall secures 45 million euros to safeguard SMBs from online threats
08:13 13.03.2025
Blackwall secures 45 million euros to safeguard SMBs from online threats
08:13 13.03.2025
anti-elon musk stickers surge in sales among dissatisfied tesla owners
10:37 08.03.2025
alpine eagle secures funding for innovative counter-drone technology in europe
07:14 06.03.2025
uber technologies faces price target cuts amid mixed analyst ratings
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08:00 04.02.2025
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