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global news roundup russian invasion concerns assisted dying bill and middle east updates

Šakalienė warned that a Russian invasion of Lithuania would lead to severe atrocities, emphasizing the need for European nations to take responsibility for their defense. Meanwhile, the Isle of Man has passed a bill legalizing assisted dying, making it the first in the British Isles to do so. In other news, Israeli authorities released Palestinian director Hamdan Ballal after his detention, and a Sudanese war monitor accused the military of a deadly airstrike in Darfur.

switzerland's banking future amid global wealth shifts and demographic challenges

Rodolfo "Rudi" Bogni, a veteran banker, expresses skepticism towards cryptocurrencies, favoring gold and advocating for central bank digital currencies despite concerns over state surveillance. He highlights the shift of wealth creation to the USA and Asia, while Europe stagnates, and emphasizes the importance of Switzerland's cultural and geographical relevance in attracting future generations of wealthy clients. Bogni also reflects on the challenges posed by demographics and migration in the UK, noting that wealthy individuals still value the country's quality of life despite tax debates.

byd considers third european plant in germany amid tariff challenges

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 conduct raids in EU bribery probe linked to Huawei

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.

uber technologies faces price target cuts amid mixed analyst ratings

european slaughter pig prices stabilize amid varying trends across countries

European slaughter pig prices have mostly stabilized, with declines noted only in France and Italy. Germany's market faces pressure due to foot-and-mouth disease affecting exports, while Austria sees improved conditions thanks to strong tourism. The EU average price continues to decline, down 1.6% from the previous week.

FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp

FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.

revolut faces backlash over swiss iban migration confusion for customers

Revolut is migrating Swiss customers from its British entity to the Lithuanian Revolut Bank UAB, promising individual Swiss IBANs provided by PostFinance. However, confusion arose as users reported that these IBANs are linked to Revolut Bank UAB, requiring specific payment references. The company acknowledges misunderstandings but emphasizes the benefits of the migration, which includes enhanced financial services and no immediate deadline for the switch.

Barclays increases Tele2 target price to 145 SEK maintaining Overweight rating

Barclays has increased its target price for Tele2 AB to SEK 145 from SEK 135, maintaining an Overweight rating. Tele2, a major European telecommunications operator, generates 72.6% of its net sales from end-user services, with significant revenue coming from Sweden (76.6%), Lithuania (13.3%), Latvia (6.8%), and Estonia (3.3%).
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