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India is poised to become a major manufacturing superpower, leveraging its vast land, young workforce, and government initiatives like the "Make in India" strategy and the Production Linked Incentive scheme. With the ongoing trade tensions between the U.S. and its traditional partners, India is attracting attention as a viable alternative for supply chains, particularly in sectors like automobiles, mobile phones, and semiconductors. Enhanced infrastructure and logistics improvements further position India to compete effectively in the global export market.
UBS has increased its price target for Marvell Technology Group Ltd to $125 from $115 while maintaining a Buy rating. The company specializes in integrated communications and storage circuits, with net sales primarily from data centers (40.2%) and enterprise networks (22.3%), among other sectors. Geographically, sales are dominated by China (43.1%) and the United States (14.4%).
Huawei hosted the APAC Eco Partner Summit 2025 in Kuala Lumpur, attracting over 160 partners from five countries, including 35 CXOs. The event focused on building an intelligent ecosystem, featuring discussions on culture, tourism, and mobile gaming, while showcasing Huawei's innovative triple-fold smartphone.Key insights were shared by industry leaders, emphasizing the importance of collaboration and user engagement. Huawei aims to strengthen its global ecosystem, enhance local partnerships, and support brands in penetrating the Chinese market through its extensive digital platform.
Huawei hosted the APAC Eco Partner Summit 2025 in Kuala Lumpur, gathering over 160 partners from 5 countries, including 35 CXOs. The event focused on building an intelligent ecosystem, showcasing Huawei's innovative triple-fold smartphone, and emphasizing collaboration for global business growth. Key discussions included digital transformation in culture, tourism, and mobile gaming, with insights from industry leaders and successful case studies highlighting the impact of Huawei's ecosystem on user engagement and brand support.
Huawei hosted the APAC Eco Partner Summit 2025 in Kuala Lumpur, gathering over 160 partners from five countries, including 35 CXOs. The event focused on building an intelligent ecosystem, showcasing Huawei's innovative triple-fold smartphone, and emphasizing collaboration for global business growth. Key discussions included digital transformation in culture, tourism, and mobile gaming, with industry leaders sharing successful case studies and strategies for overseas expansion.
The UAE banking sector is rapidly evolving through digital transformation and AI integration, with institutions like ADCB, Mashreq, and FAB leading the charge. The central bank's initiatives, including the launch of the Aani payment platform and CBDC transactions, reflect a commitment to innovation amidst regulatory challenges. As banks leverage AI for enhanced customer experiences and operational efficiency, they are well-positioned to redefine the financial landscape, fostering seamless, secure banking solutions.
Huawei anticipates reaching ¥860 billion ($118.25 billion) in revenue for 2024, marking a 22% increase from 2023, despite ongoing sanctions. Meanwhile, Japan proposes a bill for proactive cyber-defense measures, and Thailand has cut power to cyber-scam slave camps. In corporate news, Infosys faces backlash over the termination of 700 staff, and Nissan reportedly backs out of a merger with Honda.
Emerging markets are showing resilience amid geopolitical tensions and trade conflicts, with Raiffeisen Capital Management highlighting a positive outlook for Taiwan and cautious optimism for India. Taiwan's strong performance, particularly from key companies, contrasts with Brazil's struggles, while the potential for U.S. tariffs looms over several exporting nations. Risks remain, including the possibility of U.S. recession and inflation impacting emerging equities and bonds.
Under Armour, Inc. specializes in the development, marketing, and distribution of branded athletic performance apparel, footwear, and accessories for men, women, and youth. The company operates across four geographic segments: North America, EMEA, Asia-Pacific, and Latin America, utilizing both wholesale and direct-to-consumer channels for sales. In EMEA, products are primarily sold through wholesale customers and independent distributors, while in Asia-Pacific, sales occur through various distribution partners and e-commerce platforms.
Asian investors, including over 500 from Singapore, Japan, and Hong Kong, have launched the largest lawsuit against Switzerland under an investment protection agreement, seeking more than CHF 226 million in damages after the cancellation of Credit Suisse's AT1 bonds during UBS's emergency takeover. They argue that Switzerland breached its obligations by declaring these bonds worthless, prompting arbitration proceedings. The law firm Drew & Napier is encouraging other affected investors to join the claim, with negotiations set to begin within six months.
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India poised to emerge as a leading global manufacturing hub
07:13 25.02.2025
ubs raises marvell technology price target to 125 keeps buy rating
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14:41 24.02.2025
huawei hosts apac eco partner summit to enhance intelligent ecosystem collaboration
13:03 20.02.2025
huawei hosts apac eco partner summit to enhance intelligent ecosystem collaboration
12:35 20.02.2025
Huawei hosts APAC Eco Partner Summit to enhance intelligent ecosystem collaboration
12:32 20.02.2025
ai revolutionizes banking in uae enhancing operations and customer experiences
11:27 11.02.2025
Huawei reports strong revenue growth despite sanctions and market challenges
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00:59 10.02.2025
emerging markets show resilience amid geopolitical tensions and economic uncertainties
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11:00 08.02.2025
under armour shows potential for growth attracting investor interest according to ubS
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Asian investors file record lawsuit against Switzerland over Credit Suisse bonds
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11:27 07.02.2025
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