{
}
BSI is set to be auctioned off, with the bidding closing in February. EFG International, led by Greek billionaire Spiros Latsis, is the frontrunner with a bid of 1.3 billion francs, facing competition from a group including Bi-Invest and BancaStato, supported by UBS.
Former U.S. President Donald Trump's return to office may shift focus back to NATO members' defense spending, as he has previously criticized European allies for inadequate contributions. Currently, two-thirds of NATO allies meet the 2% GDP defense spending commitment, with Poland leading at 4.12% in 2024.
Jim Cramer emphasized the potential of European markets, highlighting recent economic growth and better-than-expected earnings from companies across the region. He noted the impact of three rate cuts from the European Central Bank and pointed to robust data from Spain, suggesting that Europe is experiencing a resurgence. Cramer urged investors to recognize this shift, contrasting it with challenges in China and the potential implications of U.S. tariffs.
Flights from the U.S. to Europe are at their lowest prices in three years, with average fares dropping to $578 in November, down from $619 last year. Despite a slight decrease in airline capacity compared to last year, demand remains weak in the offseason, prompting airlines to offer discounts to fill seats. As travelers seek new destinations, airlines like United are expanding their schedules to include less popular locations.
The yacht market, valued at $8.15 billion in 2021, is projected to grow at a CAGR of 6.0% from 2022 to 2028, driven by rising disposable incomes, increased tourism, and a growing demand for luxury recreation. The sailing segment remains popular due to its adventurous appeal, while the 50-meter yacht segment is expected to see significant growth as affluence rises globally. North America leads the market, supported by high disposable incomes and a strong culture of marine recreation.
Telemedicine is driving the rapid growth of the medical cannabis market in Europe, bolstered by regulatory reforms, particularly in Germany, which has reshaped its cannabis laws. Key markets like the UK and Poland are also expanding, while international players, especially from Canada and Latin America, are increasingly entering the European scene. Despite progress in some regions, others like Greece face regulatory challenges, and countries such as Denmark and Spain show stagnation despite earlier promise.
Marc Benioff is in early discussions to sell Time to Antenna Group for around $150 million, having acquired it in 2018 for $190 million. The talks occur amid challenges for legacy media companies facing competition from digital platforms. A Time spokesperson confirmed there is no agreement yet, and Antenna Group has not commented.
A record number of wealthy Americans are planning to leave the U.S. amid fears of political and social unrest following the election. Demand for second passports and long-term residencies abroad has surged, with many citing concerns over violence, taxation, and political climate as primary motivators. Popular destinations include European countries like Portugal and Malta, as well as Caribbean nations like Antigua, with the process for obtaining citizenship becoming increasingly competitive and lengthy.
Greek banks are accelerating the reduction of deferred tax credits (DTCs) to enhance their capital structure and move past the financial crisis legacies. Originally set for elimination by 2041, the banks now aim to complete this process by 2034, with individual timelines for each institution.
Telemedicine is significantly driving the growth of the medical cannabis market in Europe, aided by regulatory reforms, particularly in Germany, which has reshaped its cannabis policies. Key markets like the UK and Poland are also expanding rapidly, while international players, especially from Canada and Latin America, are increasingly entering the European scene. Despite progress in some regions, countries like Greece face challenges due to regulatory stagnation.
GRC
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
efg international emerges as favorite in bsi auction race
09:35 07.11.2024
Trump's election win may shift focus to NATO defense spending
Euro
Polish Złoty
United States Dollar
Apple Inc.
ALB
FRA
MNE
FIN
ESP
NOR
HUN
MKD
ITA
CAN
CZE
SVN
LTU
USA
TUR
EST
GBR
DEU
BEL
NLD
BGR
SVK
ROU
HRV
DNK
LVA
GRC
PRT
LUX
POL
SWE
Donald Trump
Mark Rutte
Kamala Harris
Show more
19:42 06.11.2024
Jim Cramer highlights resurgence of European markets amid economic growth
Euro
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Anlagestiftung
Apple Inc.
ITA
ESP
GRC
PRT
Jim Cramer
Show more
01:16 05.11.2024
flights to europe see lowest fares in years amid changing travel demand
United States Dollar
Euro
Southwest Airlines Co.
United Airlines Holdings, Inc.
Delta Air Lines, Inc.
American Airlines Group Inc.
GRC
USA
Hayley Berg
Andrew Nocella
Brett Snyder
Scott Keyes
Show more
14:00 03.11.2024
yacht market poised for growth driven by luxury demand and tourism trends
Indian Rupee
United States Dollar
Chinese Yuan
Euro
Honeywell International Inc.
Schneider Electric S.E.
ABB Ltd
LG Electronics
Cisco Systems, Inc.
Siemens Energy AG
ASSA ABLOY AB (publ)
Acuity Brands, Inc.
Robert Bosch GmbH
ITA
IND
USA
GRC
CHN
HRV
Show more
03:16 03.11.2024
telemedicine and regulatory reforms drive medical cannabis growth in europe
Australian Dollar
Euro
United States Dollar
Canadian Dollar
Prohibition Partners Ltd.
FRA
ESP
GBR
DEU
NLD
CHE
DNK
ITA
NZL
GRC
AUS
CAN
POL
COL
Show more
16:11 01.11.2024
marc benioff in talks to sell time magazine to antenna group
United States Dollar
Salesforce, Inc.
Meredith Corporation Corp.
Nbcuniversal Media LLC
Antenna Group AE
Comcast Corporation
GRC
USA
Jeff Bezos
Arianna Huffington
Lynne Benioff
Marc Benioff
Alan Murray
Show more
16:00 01.11.2024
wealthy americans seek second passports amid election fears and unrest
Russian Ruble
United States Dollar
Singapore Dollar
Hong Kong Dollar
Euro
Henley & Partners Malta Ltd.
Arton Capital
LCA
ITA
ESP
ATG
MLT
IRL
PRT
GRC
David Lesperance
Kamala Harris
Dominic Volek
Armand Arton
Show more
15:00 01.11.2024
Greek banks accelerate plans to eliminate deferred tax credits by 2034
10:34 01.11.2024
telemedicine and regulatory changes drive medical cannabis growth in europe
Canadian Dollar
United States Dollar
Australian Dollar
Euro
New Zealand Dollar
Prohibition Partners Ltd.
DEU
CAN
NZL
AUS
DNK
CHE
POL
GBR
GRC
ESP
COL
FRA
ITA
NLD
Show more
08:00 01.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Retail and Consumer Goods
Global Financial Events
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Credit Suisse Lux Digital Healt
Citigroup Inc.
Wells Fargo & Company
BNP Paribas SA
UBS Group AG
Banco Santander, S.A.
Morgan Stanley
Lloyds Banking Group plc
Commerzbank AG
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
SpaceXCoin USD
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: