{
}
Future Market Insights (FMI) boasts a team of over 400 analysts providing expertise across 110 countries. The ophthalmic lasers industry is segmented by product, application, and end user, with significant growth projected in various ophthalmic markets, including lasers, eye drops, and surgical devices, over the next decade. Sabyasachi Ghosh, an expert in healthcare market strategies, leads research efforts to address client challenges and enhance decision-making capabilities.
The global shadow banking market is projected to grow from USD 72 billion in 2024 to USD 120 billion by 2032, reflecting a CAGR of 6.5%. Key players include BlackRock, JPMorgan Chase, and Deutsche Bank, with Europe dominating the market and Asia-Pacific emerging as the fastest-growing region. Shadow banking, which encompasses non-bank financial intermediaries, offers credit and liquidity outside traditional banking systems, presenting both opportunities and risks due to its regulatory environment.
Argotec has inaugurated its new SpacePark manufacturing facility in Turin, Italy, enhancing its production capabilities for small satellites. The renovated building, originally designed by Oscar Niemeyer, features advanced clean rooms and mission control centers, aiming to produce up to one satellite per week. With plans for U.S. expansion and a focus on in-house subsystem production, Argotec is positioned for growth while maintaining profitability.
UBS has maintained a "Buy" rating for Sanofi, setting a target price of 110 euros, following the announcement of the planned sale of a majority stake in its consumer division, Opella. Analyst Jo Walton expressed optimism about the increased clarity regarding the divestiture, which is expected to yield cash proceeds in the high single-digit billion range.
Bpifrance has acquired a 2% stake in Opella, a Sanofi subsidiary, for between 100 and 150 million euros, aiming to maintain influence despite lacking blocking power on the Board of Directors. The French government has secured guarantees for the preservation of production sites and R&D in France amid concerns over nationalization proposals. Bpifrance"s CEO argues against nationalization, warning it could lead to broader implications for the French chemical industry.
The EU has established a €90 billion investors club to address the technology funding gap, with 71 investors including Atomico, EQT, and state-backed entities like Bpifrance and Invest-NL. A recent report highlights Europe's struggle to scale tech compared to the U.S. and China, marking it as a significant long-term challenge.
Paris has imposed strict penalties on Opella, a paracetamol manufacturer, to ensure it maintains production and jobs in France following its acquisition by US firm CD&R. The agreement includes a €40 million penalty for halting production at key factories and a €100 million fine for not sourcing paracetamol ingredients from a future French facility. The French government will also invest up to €150 million in Opella to secure oversight of its operations.
The DAX 40 is eyeing the 20,000 points mark as the reporting season unfolds, with key German companies like SAP, Deutsche Bank, and Porsche set to release quarterly figures. German producer prices have dropped more than expected, potentially influencing ECB interest rate decisions, while U.S. economic indicators, including the "Beige Book," will also be closely monitored. Geopolitical tensions and upcoming speeches from Fed members add to the market's volatility this week.
UBS has reduced its price target for Brenntag from 85 to 80 euros while maintaining a "Buy" rating. Analyst Rory McKenzie noted a lack of near-term growth acceleration in the industrial and business services segment, leading to significantly lowered estimates for the chemicals trader. Despite this, Brenntag shares remain comparatively undervalued.
UBS AG has maintained a "Buy" rating for Brenntag SE but reduced its price target from 85 to 80 euros, citing a lack of near-term growth in the industrial and business services segment. The share price rose 0.4% to EUR 64.52, indicating a potential upside of 23.99% relative to the new target. Brenntag SE's shares have fallen 17.8% over the year, with Q3 2024 results expected on November 12, 2024.
Euro
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global ophthalmic lasers market projected to reach 2.41 billion by 2032
15:31 21.10.2024
shadow banking market poised for significant growth through 2032
United States Dollar
Euro
Cargill-IEC LLC
Deutsche Bank Aktiengesellschaft
UBS SA
HKG
JPN
SGP
KOR
IDN
VNM
PHL
THA
IND
TWN
AUS
MYS
CHN
UBS
Akash
Deutsche Bank
Cargill
Nidhi Bhawsar
Show more
15:30 21.10.2024
Argotec opens new satellite factory to boost production and innovation
15:03 21.10.2024
UBS maintains buy rating for Sanofi with target price of 110 euros
14:49 21.10.2024
Bpifrance acquires stake in Opella amid concerns over nationalization and influence
14:47 21.10.2024
eu launches 90 billion euro investors club to boost tech funding
Euro
Invest-NL Capital N.V.
Atomicom Ltd.
Bpifrance
Stripe
Klarna AB
Eqt AB
FRA
PRT
NLD
GBR
Wolfgang Ischinger
Manuel Heitor
Show more
13:53 21.10.2024
France imposes penalties on Opella to retain jobs and production after takeover
13:28 21.10.2024
DAX 40 Weekly Outlook Focuses on Reporting Season and Economic Indicators
United States Dollar
Euro
Deutsche Börse AG
Mercedes-Benz Group AG
Deutsche Bank Aktiengesellschaft
SAP SE
MTU Aero Engines AG
Dr. Ing. h.c. F. Porsche AG
Tesla, Inc.
Coca-Cola Consolidated, Inc.
USA
DEU
Bowman Michelle
Schmid Thomas
Barkin Thomas
Harker Patrick
Kashkari Neel
Show more
12:14 21.10.2024
UBS lowers price target for Brenntag but maintains buy rating
11:58 21.10.2024
ubs lowers price target for brenntag but maintains buy rating
11:52 21.10.2024
Trending
Subcategory
Industry Trends
Startups & Entrepreneurship
Corporate News
Supply Chain Management
Global Trade Developments
Private Equity Deals
Retail and Consumer Goods
Government Economic Policies
CEO Changes
Industry Mergers & Acquisitions
Workplace Trends
Stock Market Updates
Corporate Social Responsibility
Emerging Startups
Consumer Protection Regulations
Fintech Startups
Energy Sector Developments
Funding Rounds & Investments
Venture Capital Investments
AI Innovations
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Google Inc.
Amazon.com, Inc.
Tesla, Inc.
JD.com, Inc.
Toyota Motor Corp
Honda Motor Co., Ltd.
Microsoft Corporation
The Goldman Sachs Group, Inc.
Samsung Securities Co.,Ltd.
Meituan
XIAOMI-W
Tesmec S.p.A.
TENCENT
Emirates NBD Bank PJSC
Orange S.A.
Boeing Co
Salesforce, Inc.
Foxconn Technology Co., Ltd.
Currencies:
United States Dollar
Chinese Yuan
Indian Rupee
Euro
Japanese Yen
British Pound Sterling
Saudi Riyal
Offshore Chinese Yuan
Indonesian Rupiah
Vietnamese Đồng
South Korean Won
Nigerian Naira
Nicaraguan Córdoba
New Taiwan Dollar
Qatari Riyal
Mexican Peso
Pakistani Rupee
Malaysian Ringgit
Singapore Dollar
Macanese Pataca
People:
Donald Trump
Tim Cook
Mark Zuckerberg
Haider Ali Khan
Ayman Hamdan
Bisrat Degefa
Xi Jinping
Jensen Huang
Piyush Anchliya
Stiven Muccioli
Tamim bin Hamad Al Thani
Pandu Sjahrir
Prabowo Subianto
Ray Dalio
Changpeng Zhao
Prashant Joshi
Amal El Fallah Seghrouchni
Ahmed Hamdan
He Xiaopeng
Abdel Fattah El-Sisi