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wayve and uber to launch robotaxi service in london

Wayve and Uber are set to launch a robotaxi service in London following the UK government's acceleration of autonomous vehicle deployment. This initiative marks a significant step in the evolution of transportation technology in the region.
StartupNews.fyi
GBR
Technology & Innovation, News Article
16:26 10.06.2025

Dubai solar park aims for 7260MW capacity by 2030 to reduce emissions

DEWA's Mohammed bin Rashid Al Maktoum Solar Park has reached a production capacity of 3,860MW, with plans to expand to 7,260MW by 2030, contributing to 34% of the energy mix and reducing carbon emissions by eight million tonnes annually. The park employs both photovoltaic and concentrated solar power technologies, aligning with Dubai's Clean Energy Strategy 2050. The ongoing sixth phase will add 1,800MW, while the upcoming seventh phase aims for 1,600MW, featuring a significant battery energy storage system.
Fast Company Middle East | The future of tech, business and innovation.
ARE Saeed Mohammed Al Tayer
Environment & Sustainability, Press Release
16:26 10.06.2025

Uber to introduce driverless taxis in London starting in 2026

Uber is set to launch self-driving taxis in London in 2026, initially featuring a human driver for emergencies before transitioning to fully autonomous vehicles. This pilot program, part of a broader UK initiative, aims to enhance public trust and could significantly boost the economy and job market. The rollout will coincide with new legislation allowing the use of self-driving private cars, with the potential to create 38,000 jobs and add £42 billion to the UK economy by 2025.
Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema
Uber Technologies Inc. GBR USA CHN Andrew MacDonald Heidi Alexander Peter Kyle Alex Kendall Show more
Technology & Innovation, News Article
16:15 10.06.2025

UBS Increases Crane Price Target to 215 Maintaining Buy Rating

UBS analyst Damian Karas has raised the price target for Crane (CR) from $190 to $215, maintaining a "Buy" rating, reflecting confidence in the stock's growth potential despite economic challenges. Currently, the average price target from eight analysts is $184.03, indicating a slight downside from the current price of $188.98, while the consensus recommendation remains at "Outperform." GuruFocus estimates a fair value of $136.38 for Crane, suggesting a significant downside from its current trading price.
@gurufocus
Crane Co USA Damian Karas
Finance & Economy, Market Report
16:13 10.06.2025

UBS Maintains Buy Rating for XP with Price Target Raised to 24 USD

UBS analyst Thiago Batista has maintained a "Buy" rating for XP Inc, raising the price target from $17.00 to $24.00, reflecting a 41.18% increase. The average target price from 10 analysts is $22.39, indicating an 11.02% upside from the current price of $20.17, while GuruFocus estimates a potential fair value of $57.96, suggesting a 187.36% upside.
@gurufocus
United States Dollar XP Inc. BRA Thiago Batista
Finance & Economy, Market Report
16:13 10.06.2025

Giva plans to secure 450 crore funding from Creaegis and others

D2C jewellery startup GIVA is set to raise INR 450 crore from Creaegis and other investors. This funding round aims to bolster the company's growth and expand its market presence in the competitive jewellery sector.
StartupNews.fyi
IND
Business & Industry, News Article
16:11 10.06.2025

UBS Stock Volatility Reflects Uncertainty Over Government Capitalization Plans

UBS's stock initially rose by five percent following the Swiss government's announcement on the bank's future capitalization. However, by Tuesday, shares fell seven percent to 26 francs, indicating market uncertainty regarding the impact of the proposed measures, according to analyst Andreas Venditti from Bank Vontobel.
FAZ.NET
UBS Group AG CHE Andreas Venditti
Finance & Economy, News Article
16:10 10.06.2025

tencent music acquires ximalaya for 2.4 billion dollars

Tencent Music is set to acquire the Chinese audio platform Ximalaya for $2.4 billion. This significant investment highlights Tencent's commitment to expanding its presence in the audio streaming market. The deal is expected to enhance Tencent Music's offerings and user engagement.
StartupNews.fyi
CHN
Business & Industry, News Article
16:00 10.06.2025

UBS Faces Capital Challenges as Swiss Government Proposes New Requirements

UBS shares fell 6-7% following the Swiss government's proposal for the bank to raise an additional $26 billion in capital, which may bypass shareholders. This could reduce UBS's planned share buybacks from $16.5 billion to $8 billion by 2027, raising concerns about the bank's future amid disappointing performance.
MarketScreener
UBS Group AG Credit Suisse Group Ltd. CHE Joseph Dickerson
Finance & Economy, News Article
15:57 10.06.2025

Institutional Investors Increase Stakes in SolarEdge Technologies Amid Market Challenges

Fifth Third Bancorp, US Bancorp DE, and New York State Teachers Retirement System have increased their stakes in SolarEdge Technologies, with institutional investors owning 95.10% of the stock. UBS Group raised its price target for the company from $17.00 to $20.00, while analysts maintain a consensus "Hold" rating with a target of $16.96. SolarEdge reported a revenue increase of 7.4% year-over-year, despite a negative EPS of ($1.14) for the last quarter.
MarketBeat
Fifth Third Bancorp SolarEdge Technologies, Inc. UBS GROUP B.V. Wells Fargo & Company Royal Bank of Canada Barclays PLC DEUTSCHE BANK AG USA DEU NLD ITA Show more
Finance & Economy, Market Report
15:49 10.06.2025
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