Sun.Dec 15, 2024

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Pharming announces public cash offer to the shareholders of Abliva AB

Global Newswire by Notified: M&A

Proposed acquisition strengthens Pharmings late-stage pipeline with a potential first-in-disease asset Ablivas lead product KL1333 is currently in a.

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Letter of Credit: Meaning, Types & Example

Razorpay

What is a Letter of Credit? A letter of credit is a financial document issued by a bank or financial institution that guarantees payment to a seller on behalf of the buyer, as long as specific conditions outlined in the document are met. It serves as a safeguard in international and domestic trade, ensuring both parties fulfill their obligations. In an LC arrangement, the bank acts as a neutral intermediary.

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UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding

Global Banking & Finance

By Valentina Za MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy’s market regulator, and CEO Andrea Orcel said the price was adequate. The filing makes the 10-billion-euro ($10.5 billion) all-share offer, which UniCredit announced on Nov. 25, binding and sets a price floor.

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What is Private Banking and How Does It Work?

Razorpay

What is Private Banking? Private banking is a personalized financial and wealth management service provided by banks to high-net-worth individuals (HNWIs). It involves offering exclusive products, tailored advice, and one-on-one attention to help clients manage, grow, and protect their wealth. Unlike retail banking, which caters to the general public, private banking focuses on delivering banking services for affluent individuals and businesses.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Soccer-Manchester United’s Diallo snatches derby victory at stunned City

Global Banking & Finance

By Lori Ewing MANCHESTER, England (Reuters) -Manchester United poured on the misery for flagging Premier League champions Manchester City as late goals by Bruno Fernandes and Amad Diallo snatched an unlikely 2-1 away victory from the jaws of defeat on Sunday.

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UK property asking prices fall, headwinds remain for 2025, Rightmove says

Global Banking & Finance

By Suban Abdulla LONDON (Reuters) – Average asking prices for newly listed houses and apartments in Britain fell by 1.7% in December, but activity was robust for the time of year as movers aimed to complete sales before property purchase taxes rise in April, property website Rightmove said on Monday.

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Healthcare Analytical Testing Services Market to Surpass Valuation of USD 15.55 Billion by 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

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UK factories take fright as budget adds to cost pressures, survey shows

Global Banking & Finance

LONDON (Reuters) – British manufacturers have reported the sharpest loss of confidence since the start of the COVID-19 pandemic in the face of higher costs including tax increases by the new government, a group representing the sector said on Monday.

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German Chancellor Scholz to ask parliament to clear way for new elections

Global Banking & Finance

By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf Scholz will call on Germany’s parliament on Monday to declare it has no confidence in him, taking the first formal step towards securing early elections following his government’s collapse.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.