India's delegation expressed outrage at COP29 over the swift adoption of a USD 300 billion climate-finance package, which they deemed "unfair" and "stage-managed." Adviser Chandni Raina criticized the amount as "abysmally poor" compared to the USD 1 trillion needed annually by developing countries, highlighting concerns over the sources of funding and the voluntary nature of contributions.
Holcim is set to sell its 83.81% stake in Lafarge Africa PLC to Chinese cement manufacturer Huaxin Cement for $1 billion. The transaction, which marks a significant shift in ownership, is expected to be finalized in 2025. Lafarge Africa specializes in cement production and distribution.
Holcim AG has agreed to sell its Nigerian business, holding an 83.8% stake in Lafarge Africa PLC, to China's Huaxin Cement Co. for $1 billion. The transaction is expected to close next year as Holcim focuses on shedding non-core assets and plans to list its North American business in the US. This follows a similar sale of a majority stake in its Zambian operations to Huaxin Cement in 2021.
Central Bank of Nigeria Governor Olayemi Cardoso indicated that interest rates may be reduced in the coming months if inflation continues to ease. He emphasized that the CBN's significant rate hikes this year were necessary to manage inflation and restore economic stability, assuring that relief is forthcoming.
At COP29 in Baku, tensions escalated as negotiators from vulnerable nations, including the Alliance of Small Island States and Least Developed Countries, stormed out over a draft finance agreement they felt excluded their input. Despite objections from India and Nigeria regarding the rushed adoption of a $300 billion annual climate finance goal by 2035, the deal was finalized in the early hours, highlighting ongoing frustrations over inclusivity in climate negotiations.
The Veterinary Healthcare For Livestock Animals market is poised for significant growth, driven by strategic collaborations, product innovations, and technological advancements among key players like Zoetis and Merck Animal Health. Comprehensive research highlights market dynamics, opportunities, and challenges across various regions, aiding stakeholders in informed decision-making. The report also details market segmentation by animal type, product type, and distribution channels, projecting trends up to 2032.
Boryszew S.A. generates revenues primarily from the motorization segment (PLN 1.66 billion) and chemicals (PLN 161.59 million), but faces challenges with a high payout ratio of 486.5% and a volatile dividend history. Recent financial results indicate a net loss for Q3 2024 and declining revenues, raising concerns about future dividend sustainability. In contrast, St. Galler Kantonalbank offers a stable dividend yield of 4.5% with a payout ratio of 57.1%, while Taihei Dengyo Kaisha has a 2.99% yield and a 27.6% payout ratio, indicating better coverage by profits.
Nigerian security forces reportedly used excessive force during protests against soaring living costs, with evidence indicating they were "shooting to kill," according to Amnesty International. Demonstrators, expressing their frustrations over high inflation and economic reforms by President Bola Tinubu, marched through various cities from August 1-10, chanting "we are hungry." The protests were fueled by a significant rise in food prices and the naira's devaluation following the removal of fuel subsidies and changes to foreign-exchange controls.
Switzerland's environment minister, Albert Rösti, announced that the country will not increase state-sponsored climate aid to poorer nations, rejecting a proposal to triple funding to $300 billion. He emphasized the need for realistic financial commitments and indicated that any increase would rely on private investments. Switzerland has contributed $700 million to climate protection in developing countries and aims to meet its CO₂ reduction targets through both domestic measures and international projects.
The CRM in Healthcare market is projected to grow from USD 18.31 million in 2023 to USD 41.97 million by 2032, with a CAGR of 12.58%. Key players include Microsoft, Salesforce, and Oracle, driven by increasing R&D spending and technological advancements like AI integration. The study highlights trends, opportunities, and competitive dynamics across various regions.
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