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In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
In September, gold surged 5.2% while crude oil fell 6.2%. US equity hedged strategies saw positive returns, driven by individual stock selection and a shift from defensives to cyclicals, with consumer discretionary leading. European and Asian equity strategies also performed well, particularly in China due to government stimulus, despite volatility in Japan.
At the Brics summit in Kazan, President Putin aims to showcase Russia's geopolitical relevance and foster a new world order devoid of Western dominance, despite ongoing sanctions from the Ukraine conflict. The summit, attended by over twenty heads of state, emphasizes Russia's role as a partner in a coalition that includes China, India, and other nations, while promoting initiatives like the proposed Brics Bridge payment system. However, the alliance's diverse interests and lack of clear objectives raise questions about its effectiveness as a counterweight to the West.
Turkey’s state-owned Halkbank can face prosecution for allegedly conspiring to violate US sanctions against Iran, as ruled by a federal appeals court in Manhattan. This decision follows a previous ruling by the US Supreme Court, which stated that Halkbank is not immune from prosecution under US law. The ruling has led to a decline in the bank's shares.
Russia is hosting the BRICS summit, emphasizing its role in creating a "new world order" that challenges Western dominance. The agenda includes discussions on multilateralism, economic cooperation, and potential expansion of the group, while avoiding direct mention of the Ukraine conflict. Key leaders, including those from India, China, and Turkey, are set to engage in talks, highlighting the bloc's growing influence among developing nations.
Chancellor Olaf Scholz and President Recep Tayyip Erdogan met in Istanbul to strengthen German-Turkish relations amid ongoing tensions over Gaza and migration issues. While both leaders emphasized economic cooperation and the need for a two-state solution, they avoided concrete agreements on visa facilitation and arms exports, with Scholz hinting at a potential shift in Germany's arms policy towards Turkey. The discussions also touched on Turkey's refugee situation and the ongoing challenges of deporting criminals.
UBS returns as the presenting sponsor for Art San Diego 2024, showcasing contemporary art from November 1-3 at the San Diego Convention Center. The event features over 450 artists, including local talents, and supports the Access to Art program, benefiting Monarch School students through collaborative art projects.
UBS returns as the presenting sponsor for Art San Diego 2024, taking place from November 1-3 at the San Diego Convention Center, showcasing over 450 artists and 90 galleries. The event features the "San Diego Selects" program, recognizing outstanding artworks, and the Access to Art program, benefiting Monarch School students through collaborative art projects.
South Australia has launched a bid for Adelaide to host the COP31 climate summit in late 2026, highlighting its leadership in renewable energy, hydrogen, and battery storage. The state aims for net 100% renewables by 2027 and has the capacity to accommodate over 30,000 visitors, potentially generating A$500 million in local economic benefits. The Australian government is also considering a co-hosting arrangement with a Pacific Island nation, while Turkiye is competing for the hosting rights.
The Mobile Telemedicine market is projected to grow from USD 9,088.38 million in 2023 to USD 14,500.16 million by 2032, achieving a CAGR of 16.85%. This growth is driven by increased adoption, government initiatives, and advancements in technology across various applications, including hospitals and home care. Key players in the market include Koninklijke Philips N.V., GE Healthcare, and IBM, among others.
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global markets show mixed performance as gold rallies and oil declines
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20:21 22.10.2024
global markets show mixed performance as gold rallies and oil declines
Japanese Yen
United States Dollar
Euro
Chinese Yuan
UBS AG
Apple Inc.
FRA
NLD
GBR
IRL
USA
CHN
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20:21 22.10.2024
Russia seeks new world order at Brics summit amid Western tensions
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18:26 22.10.2024
halkbank faces prosecution over alleged violations of us sanctions against iran
16:07 22.10.2024
Russia hosts BRICS summit to promote new world order and global alliances
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09:50 22.10.2024
scholz and erdogan seek cooperation amid tensions over gaza and migration
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UKR
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21:59 19.10.2024
ubs sponsors art san diego 2024 showcasing global contemporary art talent
17:02 16.10.2024
ubs sponsors art san diego 2024 supporting local artists and communities
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17:02 16.10.2024
south australia bids to host cop31 climate summit in 2026
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15:42 15.10.2024
mobile telemedicine market projected to exceed 14500 million by 2032
United States Dollar
McKesson Corporation
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RUS
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ARG
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THA
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McKesson Corporation
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BioTelemetry
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12:35 10.10.2024
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