Sun.Nov 24, 2024

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DOGE coming: Beware these stocks that get the most revenue from the government

CNBC: Investing

TD Cowen identified government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department.

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Italy’s UniCredit offers to buy Banco BPM for $10.57 billion

Global Banking & Finance

(Reuters) -Italian lender UniCredit said on Monday it had offered to buy rival Banco BPM in a roughly 10.09-billion-euro ($10.57 billion) all-stock deal that would combine Italy’s second and third largest banks and expand their pan-European presence. UniCredit, the country’s second-largest bank, offered 0.

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Junk food lover Warren Buffett's new pizza investment fits perfectly in Berkshire's portfolio

CNBC: Investing

Warren Buffett, a renowned junk food lover, just bought into a pizza chain whose shares are trading near their cheapest level of the year.

Food 135
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EIB Working Paper 2024/07 - How regional spillovers shape EU firms’ climate investments

European Investment Bank

Data from the European Investment Bank Investment Survey (EIBIS) for 2023 provides insights on why EU firms adopt greener practices and the influence of spillover effects, in which climate investment decisions in one region influence the decision-making of firms in other regions. Our research finds the climate practices, decisions and investments in one region can indeed affect firms’ decisions in another, and that decisions to invest in adaptation and mitigation efforts are interconnected.

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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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Fund managers at Fidelity share how they’re playing China’s stimulus plans

CNBC: Investing

'This round of the policy pivot is quite significant,' Theresa Zhou, a fund manager at Fidelity International, told CNBC.

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Top Wall Street analysts are bullish on these dividend stocks

CNBC: Investing

TipRanks' analyst ranking service highlights three dividend-paying stocks, including Exxon Mobil and Walmart.

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Morning Bid: Bonds rally, dollar dips on Treasury choice

Global Banking & Finance

A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the choice of fund manager Scott Bessent as incoming U.S. Treasury Secretary, with the main feeling one of relief that he’s a mainstream candidate rather than an unknown.

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Zeren Group Completes Acquisition of Türkiye Petrolleri

Global Newswire by Notified: M&A

Zeren now has 1,120 gas stations in Turkey - equivalent to c. 6.5% of $35bn national fuel market UK expansion actively being explored by Zeren.

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ECB policy should not remain restrictive for too long, chief economist says

Global Banking & Finance

PARIS (Reuters) -There is still some way to go before euro zone inflation is sustainably back at 2% but ECB policy should not remain restrictive for too long, otherwise price growth could fall below target, Philip Lane, the bank’s chief economist said in an interview.

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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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Atos receives offer from French government for its advanced computing activities

Global Banking & Finance

(Reuters) -French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million). The target is to have a share purchase agreement signed by May 31, 2025, it said in a press release.

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Northvolt crisis may be make or break for Europe’s EV battery ambitions

Global Banking & Finance

By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.

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Cyberattacks cost British businesses $55 billion in past five years, broker says

Global Banking & Finance

LONDON (Reuters) – Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least one attack in that time, insurance broker Howden said on Monday. Cyberattacks cost businesses 1.

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Thyssenkrupp: expert opinion gives positive view for steel business

Global Banking & Finance

DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp’s crisis-hit steel division has given a positive view on its ability to continue as a going concern, the parent company said on Sunday.

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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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Explainer-COP29 – How does $300 billion stack up?

Global Banking & Finance

By Karin Strohecker and Simon Jessop BAKU (Reuters) – Countries agreed at the U.N.’s COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth: MILITARY MIGHT In 2023, governments around the globe spent $6.

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Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say

Global Banking & Finance

By Ana Mano SAO PAULO (Reuters) – Brazilian meatpackers have reportedly stopped supplying meat to the Carrefour group in Brazil after the retailer’s global CEO vowed to keep South American meat off its shelves in France in solidarity with French farmers, according to local media reports that cited anonymous industry sources.

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Storm Bert disrupts travel and cuts power across UK and Ireland

Global Banking & Finance

By Muvija M LONDON/DUBLIN (Reuters) -Storm Bert battered Britain with snow, rain and strong winds on Saturday, killing one person and closing several railway lines, bridges and roads. The storm also hit Ireland, flooding roads in the west and cutting power to tens of thousands of customers.

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UK workers face some of Europe’s greatest job stress, report says

Global Banking & Finance

By David Milliken LONDON (Reuters) – British workplaces rank among the worst in Europe for long hours, tight deadlines and limited autonomy, without being any more productive, according to a report prepared as the new Labour government plans tougher rules for employers.

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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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In world’s largest refugee camps, Rohingya mobilise to fight in Myanmar

Global Banking & Finance

By Devjyot Ghoshal and Poppy McPherson COX’S BAZAR, Bangladesh (Reuters) – One day in July, Rafiq slipped out of the world’s largest refugee settlement in southern Bangladesh and crossed the border into Myanmar on a small boat. His destination: a ruinous civil war in a nation that he had fled in 2017.

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German defence firm Renk Group appoints Alexander Sagel as CEO

Global Banking & Finance

(Reuters) – German defence firm Renk Group said on Sunday it had appointed management board member Alexander Sagel as CEO effective Feb. 1, 2025. Sagel currently serves as management board member and COO of the company.

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Dollar dips with Treasury yields after Bessent pick

Global Banking & Finance

By Wayne Cole SYDNEY (Reuters) – The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar’s rate advantage. Yields on 10-year Treasuries slipped to 4.351%, from 4.