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ubs maintains buy rating for totalenergies with target price of 67 euros

UBS has maintained a 'Buy' rating for Totalenergies, setting a target price of 67 euros. Analyst Henri Patricot noted that the company's recent strategy, particularly regarding its liquefied natural gas business, has improved the risk/reward ratio, making the outlook more favorable.
07:58 23.10.2024

UBS maintains buy rating for Totalenergies with target price of 67 euros

UBS has maintained its "Buy" rating for Totalenergies, setting a target price of 67 euros. Analyst Henri Patricot noted that the company's recent strategy, particularly regarding its liquefied natural gas business, has improved the risk/reward ratio, indicating a more favorable outlook.
07:11 23.10.2024

French farmers plan protests as EU Mercosur trade deal advances

French farmers plan to protest starting November 15, 2024, against the EU-Mercosur trade deal, which they oppose despite the French government's public stance. As the European Commission seeks to finalize the agreement, it is reportedly developing a compensation fund to address farmers' concerns and mitigate resistance from France.

election impacts stock market as investors eye earnings and gold rally

As the U.S. election approaches, Bank of America emphasizes the importance of stock picking over index investing, noting that political outcomes could impact specific market sectors. Meanwhile, Scotiabank identifies three biotech firms poised for significant growth, while European markets are set for a mixed opening amid key earnings reports, including Deutsche Bank's return to profit. Crude oil prices have risen due to geopolitical tensions and China's rate cuts, while gold continues its rally, reaching record highs amid economic uncertainties.

cd&r secures opella acquisition but faces challenges to achieve returns

Clayton Dubilier & Rice LLC has secured the Opella consumer health-care business from Sanofi for €16 billion ($17 billion), outbidding PAI Partners. However, achieving substantial returns will be challenging due to the need for product reconfiguration and the French government's significant involvement.

France prepares for potential Trump presidency and its implications for Europe

France is accelerating its strategic planning in anticipation of a potential second Trump presidency, emphasizing the need for Europe to bolster its sovereignty and defense. A task force led by Tristan Aureau will assess Trump's positions on Ukraine, the EU, and defense, amid concerns he may exploit European divisions to weaken responses to a trade war. The EU is preparing a contingency plan to counteract Trump's expected tariffs and maintain unity among member states.

virtual reality software market poised for rapid growth in healthcare and education

The global virtual reality software market is projected to grow from $12.76 billion in 2023 to $16.32 billion in 2024, driven by increased adoption in gaming, healthcare, and education. Key trends include the expansion of VR healthcare applications and the rise of remote collaboration tools. Asia-Pacific leads the market, with major players like Microsoft and Qualcomm contributing to its rapid growth.

giuliani ordered to surrender luxury assets to defamation victims

Rudy Giuliani has been ordered to surrender his Manhattan apartment, a collectible Mercedes, and various luxury items, including watches and a diamond ring, to defamation victims Ruby Freeman and Wandrea “Shaye” Moss. This follows a federal jury's $148 million judgment against him for false election fraud claims made after the 2020 election. Giuliani has appealed the verdict and filed for bankruptcy, but a judge dismissed his case, allowing immediate turnover of his assets.

global markets show mixed performance as gold rallies and oil declines

In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
20:22 22.10.2024

global markets show mixed performance as gold rallies and oil declines

In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
20:22 22.10.2024
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