{
}
Microsoft has closed its IoT & AI Insider Lab in Shanghai, marking a significant reduction in its operations in China amid rising geopolitical tensions. The lab, operational since May 2019, supported 258 projects and trained nearly 10,000 professionals but has been inactive since early 2024. Despite its long presence, Microsoft's revenue from China represents only 1.5% of its global earnings.
Arcos Dorados Holdings Inc., the exclusive franchisee of McDonald's in 20 Latin American and Caribbean countries, reported a quarterly EPS of $0.28, exceeding estimates. The company announced a quarterly dividend of $0.06 per share, with a yield of 2.95%. Institutional investors hold 55.91% of its stock, while analysts have recently downgraded its rating from "buy" to "hold."
Santander Private Banking has been recognized as the Best International Private Bank in multiple Latin American countries, including Argentina, Brazil, and Mexico, by Euromoney. The bank also excelled in discretionary portfolio management and services for High Net Worth Individuals across various regions. With nearly 500 billion euros in assets under management and a significant profit increase, Santander continues to emphasize customer focus and innovation in its global operations.
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
DLocal has partnered with ecommerce platform Temu to enhance payment options in 14 emerging markets across Africa, Asia, and Latin America. This collaboration addresses challenges posed by limited payment options and high unbanked populations, aiming to reduce cart abandonment rates that can exceed 70% in these regions.
Manchester United has announced a 5% increase in season ticket prices for the 2025-26 season, despite calls from fan groups for a freeze. While under-16 ticket prices remain unchanged, the club is introducing a new pricing structure for high-profile matches. This decision comes amid ongoing financial challenges, with cumulative losses of £410 million over the past seven years.
The EU and Mercosur are set to finalize a contentious free trade agreement after over 20 years of negotiations, with a political announcement expected in Montevideo. However, the deal faces significant hurdles in Europe, particularly from France and other member states concerned about agricultural imports and environmental standards. Supporters argue it is crucial for diversifying trade and accessing South American markets.
Banque Heritage has expanded its Private Banking teams in Geneva and Zurich with the addition of three experts: Ksenija Benaroche, Marija Sarenac, and Clara Bulgheroni, each bringing extensive experience in wealth management and client relations. The independent Swiss bank, rooted in commodity trading, offers a range of services including asset management and family office solutions.
After over 25 years of negotiations, the EU and Mercosur states are nearing a free trade agreement, with EU Commission President Ursula von der Leyen reportedly in Uruguay to finalize discussions. The deal could create a market of 700 million people, but faces opposition from some EU members concerned about its implications for stability and unity. Key concessions include significant tariff reductions on agricultural products, with the gradual elimination of 91% of customs duties on EU exports and 92% on Mercosur imports.
Western Midstream Partners, LP focuses on acquiring, developing, and operating midstream assets, including the gathering, processing, and transportation of natural gas, crude oil, and NGLs. Its facilities are strategically located across Texas, New Mexico, Colorado, Utah, and Wyoming. The company also engages in buying and selling natural gas and related products on its own and as an agent for customers.
URY
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Microsoft shuts down Shanghai AI lab amid market pullback in China
06:46 01.04.2025
arcos dorados reports earnings growth and dividend announcement amid stock fluctuations
Arcos Dorados Holdings Inc.
TTO
CUW
GLP
ABW
URY
CRI
CHL
MEX
MTQ
PAN
ATF
ARG
BRA
ECU
COL
PER
PRI
USA
Show more
09:03 31.03.2025
santander private banking recognized as leader in international wealth management awards
Argentine Peso
Mexican Peso
United States Dollar
Brazilian Real
Euro
POL
MEX
ESP
ARG
BRA
URY
COL
GBR
PER
Alfonso Casillo
Show more
10:04 28.03.2025
Morgan Stanley announces management changes for China A Share Fund
United States Dollar
Citigroup Inc.
National Australia Bank Ltd
Morgan Stanley
Deutsche Bank RV Global PP
HKG
ASM
SWE
PCN
TTO
IRL
HTI
CHE
SVN
FRO
GRC
NIC
CUW
BRB
LUX
FIN
BMU
NIU
BHS
USA
CHN
HRV
SLV
VIR
IOT
GRD
BVT
NLD
SXM
NOR
BGR
ITA
IND
ATF
REU
DMA
KNA
JAM
EST
AUS
GUM
ROU
AUT
CUB
CHL
BRA
HND
BEL
MSR
ARG
LTU
SVK
TCA
CRI
VCT
FLK
CZE
TKL
DNK
ATG
PRT
GTM
FRA
MEX
GBR
HUN
ECU
IMN
ABW
BES
BOL
SGS
CAN
BLM
GGY
CCK
ATA
PAN
SPM
JEY
GLP
POL
AIA
WLF
CYM
DOM
URY
ESP
LVA
VEN
GIB
SJM
LCA
PRY
PER
SHN
DEU
NCL
NFK
CYP
PYF
PRI
MLT
MNP
COL
MTQ
MYT
GRL
Show more
13:46 24.03.2025
dLocal and Temu enhance payment solutions in emerging markets across continents
02:26 21.03.2025
manchester united raises season ticket prices amid financial challenges
Manchester United plc
QAT
URY
THA
ESP
KOR
SAU
BRA
USA
JPN
Lionel Scaloni
Lionel Messi
Steve Holland
Cristiano Ronaldo
Show more
04:29 18.03.2025
EU and Mercosur poised to finalize contentious trade agreement amid opposition
Euro
Friends of the Earth
European Commission
ARG
POL
ESP
BRA
PRY
ITA
URY
DEU
Ursula von der Leyen
Emmanuel Macron
Luis Lacalle Pou
Show more
10:46 06.12.2024
Banque Heritage Expands Private Banking Teams in Geneva and Zurich
United States Dollar
Euro
Banque Heritage
Credit Suisse High Yield Bond Fund, Inc.
Julius Bär Gruppe AG
Liechtensteinische Landesbank (LLB)
Deutsche Bank RV Global PP
URY
GBR
CHE
LVA
LIE
Marija Sarenac
Ksenija Benaroche
Show more
13:09 05.12.2024
EU and Mercosur Near Historic Free Trade Agreement After 25 Years of Talks
United States Dollar
Euro
Raiffeisen Bank International AG
ARG
BRA
URY
PRY
Bernd Lange
Ursula von der Leyen
Gabriel Mato
Anna Cavazzini
Show more
09:00 02.12.2024
ubs maintains neutral rating on western midstream partners operations and assets
20:38 15.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Retail and Consumer Goods
Finance Mergers & Acquisitions
Global Financial Events
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Government Economic Policies
Supply Chain Management
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Credit Suisse Lux Digital Healt
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
BNP Paribas SA
Banco Santander, S.A.
Morgan Stanley
UBS Group AG
Lloyds Banking Group plc
Commerzbank AG
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
SpaceXCoin USD
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: