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Seven & i Holdings Co. is pursuing a ¥9 trillion ($60 billion) management buyout that will include an IPO for its North American convenience stores and gasoline stations. This move aims to alleviate financing concerns amid a competing ¥7.1 trillion offer from Alimentation Couche-Tard Inc. The Ito family is working to formalize their proposal while planning to use the IPO proceeds to repay loans from three major Japanese banks involved in the buyout.
Pig slaughtering in the EU increased by 0.7% to 146 million from January to August 2024, with pork production rising by 1.9% to 13.9 million tons, indicating a halt in the previous downward trend. Pork exports stabilized at 2.50 million tons, with China reducing its purchases by 7.3%, while significant increases were seen in exports to the Philippines, South Korea, Vietnam, and the USA.
The Bank of Japan has sold a portion of its futures-linked 10-year government bonds to enhance trading liquidity, crucial for hedging against market volatility. As of November 29, its holdings decreased to ¥8.0262 trillion ($53.5 billion) from ¥8.2262 trillion on November 20. This liquidity is vital as these bonds serve as the cheapest-to-deliver securities for the March contract of 10-year bond futures.
BYD is experiencing a surge in electric vehicle sales, while Tesla faces concerns over consumer demand. Meanwhile, Japanese auto sales are plummeting. Additionally, Estonia is pushing towards 100% renewable electricity by 2030, and significant momentum is building for renewable energy projects in the U.S. due to recent legislation.
Jensen Huang, CEO of Nvidia, emphasizes the transformative potential of AI as a new digital infrastructure, urging governments to develop their own AI systems and process national data. His pitch has gained traction, with at least 10 countries, including Thailand, committing to AI infrastructure projects. Amid geopolitical tensions, particularly between the US and China, Huang advocates for "sovereign AI" to ensure nations can protect their interests in the evolving tech landscape.
Deutsche Bank forecasts Spain's GDP growth at 3% for 2024, significantly outpacing the eurozone average of 0.7%. This optimism is attributed to a strong labor market and rising real wages, while the ECB is expected to cut rates to 2% by 2025. Despite global uncertainties, investment opportunities in fixed income and equities are highlighted, with a cautious approach recommended for 2025.
The Healthcare Logistics Market is experiencing significant growth driven by evolving consumer preferences, technological advancements, and a focus on sustainability. The latest research highlights key trends, competitive dynamics, and actionable insights for stakeholders, emphasizing the importance of strategic analysis in navigating this rapidly changing landscape. Major players are profiled, revealing their market share and strategies, while the report offers a comprehensive view of production, consumption, and future opportunities across various regions and segments.
L'Oréal, the world's leading cosmetics group, generates sales primarily from skin care (39.9%), make-up (19.7%), and hair care (15.4%) products. Its diverse portfolio includes well-known brands across consumer, luxury, active, and professional cosmetics, with a global presence supported by 37 production sites by the end of 2023. Geographically, sales are distributed across Europe (31.6%), North America (27%), North Asia (25.9%), Asia-Pacific-Middle East-Africa (8.4%), and Latin America (7.1%).
UBS has rated L'Oréal as 'Neutral' with a target price of 409 euros. The leading cosmetics group generates sales primarily from skin care (39.9%), make-up (19.7%), and hair care (15.4%), with a diverse brand portfolio across consumer, luxury, active, and professional products. Geographically, net sales are distributed with Europe at 31.6%, North America at 27%, and North Asia at 25.9%.
The global Telemedicine Equipment Market, valued at over USD 3.5 billion in 2021, is projected to grow at a CAGR of 17.3%, surpassing USD 10 billion by 2031. Key drivers include technological advancements, rising demand for radiological services, and increased government investment in healthcare IT. Major players are focusing on innovation to enhance digital diagnostics and expand telehealth accessibility.
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