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quick commerce expected to drive 15 percent of hul revenue in india
Unilever's CEO, Fernando Fernandez, anticipates that quick commerce will contribute 10-15% to Hindustan Unilever Ltd's revenue within three to four years, up from the current 2%. He highlighted the sector's rapid growth in India, driven by a unique demand-supply dynamic, and noted that quick commerce offers better margins compared to traditional marketplaces. Despite the overall positive outlook, HUL's beauty segment faces challenges amid intense competition from various players in the quick commerce space.
ubs maintains sell rating for unilever with target price of 4110 pence
UBS has maintained a "Sell" rating for Unilever, setting a target price of 4110 pence. Following an interview with new CEO Fernando Fernandez, it was noted that there will be no major mergers or acquisitions, but the pace of asset disposals may increase.
ubs downgrades unilever to sell following leadership change
UBS has downgraded Unilever to "Sell" with a target price of 4110 Pence following the unexpected replacement of CEO Hein Schumacher by CFO Fernando Fernandez. Analyst Guillaume Delmas noted that the company did not provide reasons for the leadership change but suggested it aims to accelerate its transformation process while maintaining its annual goals and corporate strategy.
Unilever maintains targets after surprising CEO change, UBS remains cautious
UBS has maintained a "Sell" rating on Unilever, setting a target price of 4110 pence following the unexpected replacement of CEO Hein Schumacher by CFO Fernando Fernandez. Analyst Guillaume Delmas noted that while the change aims to accelerate the transformation Schumacher initiated, Unilever remains committed to its annual targets and corporate strategy.
a turning point for freedom as state control faces backlash
Olivier Kessler argues that the West may be experiencing a turning point, as increasing discontent with state overreach and interventionism emerges. He highlights Argentina's recent shift under Javier Milei, who advocates for deregulation and reduced government, as a potential model for Western nations seeking to reclaim individual freedoms and economic prosperity.
diverse leaders in finance and investment gather for strategic discussions
A potential clash between JD Vance and Elon Musk is anticipated, with significant implications for the stock market and the future of American technology. Vance opposes big tech and advocates for decentralization, while Musk supports a technopolitical merger with government, reflecting a broader ideological battle in the post-Trump era. The outcome could reshape the dominance of tech giants and influence equity markets, particularly the Nasdaq.
prominent financial leaders and experts gather for global investment summit
Swiss banks are gearing up for the implementation of "Basel III Final" by January 1, 2025, which will significantly alter credit pricing and capital requirements. The output floor will increase capital needs for top-rated residential mortgages, potentially raising costs by 20 basis points for prime loans. This regulatory shift necessitates strategic adjustments in pricing and risk management for banks to remain competitive in the evolving credit market.
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