Sat.Nov 09, 2024

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Caligan picks up a stake in Verona Pharma, seeing an opportunity to generate more value

CNBC: Investing

Verona Pharma has seen its share price skyrocket in anticipation of the commercial launch of its COPD treatment.

Shares 100
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Chicken and duck help out in Romanian middle schools

Global Banking & Finance

By Luiza Ilie SINDRILITA, Romania (Reuters) – On a crisp morning in early November, Romanian veterinarian Oana Vasiliu arrived at the Sindrilita village school with her teaching assistants in tow: a rescue hen named Rodica and a duck called Bubbles.

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Howard Lutnick Is Scouting Trump’s Nominees. Some Will Oversee His Interests.

The New York Times: Banking

Howard Lutnick, co-chair of the president-elect’s transition team and a Wall Street financier, is leading the search for appointees while still running his businesses.

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UMG says Pershing does not have right to require Amsterdam delisting

Global Banking & Finance

(Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext Amsterdam.

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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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Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks

CNBC: Investing

Piper Sandler sees a handful of stocks outperforming in a friendlier atmosphere for crypto assets under a second Trump administration.

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These stocks have major upside because of potential Trump policies, analysts say

CNBC: Investing

Wall Street analysts say there is a slew of stocks set to benefit from a Trump White House.

Stock 57
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Princess Kate attends Remembrance Day event in return to public duties

Global Banking & Finance

LONDON (Reuters) -Britain’s Princess Kate attended a Remembrance Day event in London on Saturday, in her latest public engagement after undergoing preventive treatment for cancer this year.

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Harris Had a Wall Street-Approved Economic Pitch. It Fell Flat.

The New York Times: Banking

The vice president vacillated on how to talk about the economy, and ended up adopting marginal pro-business tweaks that both corporate and progressive allies agreed made for a muddled message.

Economics 143
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Explainer-Who are the key voices at the COP29 climate summit in Baku?

Global Banking & Finance

By Gloria Dickie and Kate Abnett (Reuters) – Nearly 200 countries will gather next week for the U.N. climate summit, COP29. Reaching a consensus for a deal among so many can be difficult. Here are some of the major players and negotiating blocs involved in the COP29 summit starting Nov. 11 in Baku, Azerbaijan.

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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.

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Russia explores plan to merge Rosneft with Gazprom subsidiary and Lukoil, WSJ reports

Global Banking & Finance

(Reuters) – Russia is working on a plan to merge state-backed Rosneft Oil with Gazprom Neft and Lukoil, creating the world’s second-biggest crude oil producer, the Wall Street Journal reported on Friday.

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Swiss village threatened by vast rockslide must be evacuated again

Global Banking & Finance

VIENNA (Reuters) – A small Swiss village that attracted global attention last year when it was evacuated because the mountain face above it threatened to collapse onto it must be evacuated again, local officials said on Saturday.

IT 52
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Cycling-Briton Cavendish confirms retirement

Global Banking & Finance

(Reuters) – Mark Cavendish will compete in his final professional race at the two-day Tour de France Criterium in Singapore on Sunday, the British cyclist said on Saturday. Cavendish, who announced his retirement last year before reversing that decision, broke the all-time record for most stage wins at the Tour de France this year.

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IKEA reports higher profit despite revenue hit from price cuts

Global Banking & Finance

(Corrects paragraph 8 to show new factory was opened in Slovakia, not Slovenia) By Helen Reid LONDON (Reuters) – Inter IKEA, the owner of the world’s biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite a sharp decline in revenues after it cut prices across its range of products like […]

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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UniCredit set to free up capital with potential SRT deal, Bloomberg News reports

Global Banking & Finance

(Reuters) – UniCredit is selling a significant risk transfer (SRT) linked to a 1.5 billion euro ($1.62 billion) credit portfolio to free up capital, Bloomberg News reported on Friday.

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Italy retail sales rise 1.2% m/m in September

Global Banking & Finance

(Reuters) – Italian retail sales rose 1.2% in September from the month before, data showed on Friday, following a 0.3% fall in August. National statistics institute ISTAT marginally revised up August’s data from an originally reported 0.5% drop. Sales rose 0.7% in unadjusted year-on-year terms in September, ISTAT said.

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French wine output seen falling by a quarter due to adverse weather

Global Banking & Finance

By Sybille de La Hamaide PARIS (Reuters) – France’s wine output is expected to fall by nearly a quarter this year after adverse weather hurt vineyards throughout the cycle with the Champagne region most hit, the French farm ministry said on Friday. In a monthly report, the ministry projected wine output this year at 36.

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Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

Global Banking & Finance

SHANGHAI (Reuters) – Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a second electric vehicle model at the European automaker’s plant in Poland, two people with knowledge of the matter told Reuters.

IT 52
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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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UK energy regulator proposes new rules to cut backlog of projects awaiting grid link-up

Global Banking & Finance

LONDON (Reuters) – Britain’s energy market regulator on Friday proposed new regulations for grid companies to cut down the backlog of renewables projects waiting to connect to the grid.

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Bridge offers unique view of Rome’s Trevi fountain during conservation work

Global Banking & Finance

ROME (Reuters) – Tourists and locals will be able to see Rome’s Trevi Fountain from a new angle by walking across a footbridge erected while it undergoes maintenance work.

IT 40
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Sweden picks Embraer’s C-390 as new military cargo aircraft

Global Banking & Finance

RIO DE JANEIRO (Reuters) – Sweden has selected Embraer’s C-390 Millennium as the country’s new military cargo aircraft, the Brazilian planemaker said on Saturday. The deal marks the first purchase of the C-390 by a country in northern Europe, Embraer said in a statement.

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Greece’s mussel harvest wiped out by warming seas

Global Banking & Finance

By Alexandros Avramidis THERMAIC GULF, Greece (Reuters) – When Anastasios Zakalkas pulled up the ropes of his mussel farm in the Aegean Sea last month, the devastation was clear: the lines were not heaving with molluscs as they should be at harvest time but were instead filled with cracked, empty shells.

IT 40
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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Spain’s flood disaster was its worst in recent history. Here’s what went wrong

Global Banking & Finance

By David Latona, Corina Pons, Pietro Lombardi and Aislinn Laing PAIPORTA, Spain (Reuters) – The water was already knee-high on the ground floor of the hotel where Aitana Puchal had taken refugee when she received a text alert from the regional government of Valencia at 8 pm on Oct.

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Oaktree Capital urges UK’s Indivior to refresh board

Global Banking & Finance

(Reuters) –Investment fund Oaktree Capital Management has urged British drugmaker Indivior to cooperate with the fund in refreshing its board of directors, it said in a letter dated Nov. 6 and published in a filing on Thursday.

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UK supermarket Asda ‘lost the plot’ but is fixable, says chairman

Global Banking & Finance

By James Davey LONDON (Reuters) – Asda, Britain’s third largest supermarket, “lost the plot” but can be fixed, its chairman said on Friday as it reported another slide in sales and warned measures in last week’s budget would cost the company 100 million pounds ($130 million).

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China unveils $1.4 trln local debt package but no direct stimulus

Global Banking & Finance

By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re-election of Donald Trump as U.S. president.

Debt 52
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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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Britain’s Reeves to use major speech to promote ‘free and open’ trade, The Observer reports

Global Banking & Finance

LONDON (Reuters) – Britain’s finance minister Rachel Reeves is expected to use a major speech this week to “promote free and open trade between nations” amid the threat of potential tariffs under Donald Trump’s presidency, The Observer newspaper reported on Saturday. Trump, who won the 2024 U.S.

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Trump prepares to withdraw from Paris climate agreement, NYT reports

Global Banking & Finance

(Reuters) -U.S. President-elect Donald Trump’s transition team has prepared executive orders and proclamations on withdrawing from the Paris climate agreement and shrinking the size of some national monuments to allow more drilling and mining, the New York Times reported on Friday.

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Dollar on track for weekly gain after Trump election win

Global Banking & Finance

By Karen Brettell and Stefano Rebaudo (Reuters) -The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as U.S. president.

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