{
}
Tensions are escalating among EU farmers' associations regarding the proposed Mercosur agreement, with most national representatives expressing concerns over imbalanced agricultural standards and inadequate compensation mechanisms. The upcoming negotiations in Montevideo on December 5-6 are seen as critical, with some groups planning protests against the deal.
During a break at the European leaders' summit in February, Dutch Prime Minister Mark Rutte shared a beer with Portuguese Prime Minister Antonio Costa, acknowledging Costa's impressive fiscal recovery. After Portugal's public debt soared to 134% of GDP during the pandemic, Costa successfully reduced it below 100%, surprising Rutte.
France's reputation as a safe bond market is deteriorating, as countries like Ireland, Portugal, Spain, and Greece now outperform it. Amid a prolonged political crisis in Paris, concerns are rising that France may soon face higher borrowing costs than Italy, traditionally seen as fiscally irresponsible.
China will begin restricting tungsten exports on December 1, as demand for non-China sources rises amid U.S.-China tensions. While the U.S. has increased tariffs on Chinese tungsten, projects in South Korea and the U.S. are set to boost production, potentially stabilizing prices in the future.
Altice International has revised its earnings forecast downward, anticipating EBITDA of approximately €1.6 billion ($1.7 billion) for the 2024 financial year. This marks a decline from the previous estimate of €1.86 billion, reflecting ongoing challenges within the telecommunications sector.
UBP anticipates a return of inflation by 2025, with global economic growth projected at 3.1%. While the US economy is expected to benefit from strong private consumption and fiscal measures, inflationary pressures may arise from wage increases and tariffs. In Europe, growth will be uneven, with southern countries leading, while Switzerland is forecasted to grow at 1.3%.
Banco Santander SA is currently unable to acquire Portugal's Novo Banco SA due to insufficient capital, despite the strategic advantages such a deal would offer, according to Alantra Partners SA analyst Francisco Riquel. The acquisition could enhance Santander's presence in Portugal and present cost-cutting opportunities.
UBS has modernized its headquarters in Monaco, the Villa Belgica, under the direction of architect Jean Nouvel. The renovation, which spans 1,700 square meters, enhances employee space and client experience, accommodating around 90 staff primarily in Wealth Management. The building blends historic Belle Époque architecture with contemporary design elements.
Mario Centeno, a member of the European Central Bank's Governing Council, advocates for a gradual reduction of interest rates to around 2%. He emphasizes the importance of a steady approach rather than rushing, suggesting that the current quarter-point pace should be maintained.
Mario Centeno, a member of the European Central Bank Governing Council, warned against any US efforts to abandon enhanced bank capital rules, suggesting such a move would backfire. He emphasized that Europe should adhere to Basel III unless it proves counterproductive, urging caution in the face of potential regulatory shifts.
PRT
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Tensions Rise Among EU Farmers Over Controversial Mercosur Trade Agreement
08:57 02.12.2024
eu leader seeks unity as portugal surprises with fiscal recovery
09:00 01.12.2024
france's bond market stability erodes as italy's yields rise
10:04 29.11.2024
China limits tungsten exports as global demand for alternatives rises
Euro
South Korean Won
United States Dollar
Almonty Industries Inc.
Demesne Resources Ltd.
CHN
USA
KOR
PRT
DEU
ESP
KAZ
AUS
CAN
Christopher Eccleston
Lewis Black
Gracelin Baskaran
Emre Uzun
Show more
00:04 29.11.2024
altice international revises earnings forecast amid business challenges and currency issues
14:39 27.11.2024
global economy poised for growth but inflation expected to return in 2025
Chinese Yuan
Euro
British Pound Sterling
United States Dollar
UNION BANCAIRE PRIVEE, UBP SA
USA
GBR
DEU
FRA
ITA
PRT
ESP
IND
SGP
CHN
Norman Villamin
Show more
14:22 27.11.2024
antander lacks capital for potential acquisition of novo banco
14:05 27.11.2024
UBS unveils renovated headquarters in Monaco enhancing client and employee experience
12:25 27.11.2024
centeno advocates gradual reduction of interest rates to two percent
17:29 25.11.2024
centeno warns against abandoning basel rules for european banks
08:52 25.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Market Analysis and Predictions
CEO Changes
Banking Regulations
Industry Mergers & Acquisitions
Energy Sector Developments
Global Trade Developments
Startups & Entrepreneurship
Government Policies
Financial Scams and Security
Domestic Politics
Supply Chain Management
Hedge Funds & Private Equity
Central Bank Actions
Workplace Trends
Countries:
Companies:
Tesla, Inc.
Barclays PLC
JPMorgan Chase & Co.
Apple Inc.
UBS Group AG
Capital One Financial Corporation
NVIDIA Corporation
Bank of America Corporation
The Goldman Sachs Group, Inc.
Morgan Stanley
Commerzbank AG
Amazon.com, Inc.
Deutsche Bank RV Global PP
SpaceXCoin USD
Credit Suisse Real Estate Fund Siat
Wells Fargo & Company
Berkshire Hathaway Inc.
Google Inc.
Citigroup Inc.
SAP SE
Currencies:
United States Dollar
Euro
Chinese Yuan
Indian Rupee
Swiss Franc
British Pound Sterling
Vietnamese Đồng
Hong Kong Dollar
Australian Dollar
Singapore Dollar
United Arab Emirates Dirham
South Korean Won
Thai Baht
Norwegian Krone
Danish Krone
Swedish Krona
Russian Ruble
Ghanaian Cedi
Canadian Dollar
Turkish Lira
People: