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Wesfarmers Faces Lithium Losses Amid Retail Expansion and Market Challenges

Wesfarmers CEO Rob Scott welcomed the recent interest rate cut but acknowledged ongoing consumer struggles, projecting $60 million in lithium losses due to market oversupply. Despite these challenges, the company plans to expand its retail operations, including six new Officeworks stores and more Anko-branded outlets at Kmart, even venturing into the Philippines. Following the investor day, Wesfarmers' share price fell nearly 1%, with analysts expressing mixed views on the stock's valuation and growth potential amidst concerns of flat earnings.

canada goose shares see significant institutional trading activity and analyst ratings

Canada Goose Holdings Inc. (NYSE:GOOS) saw significant changes in institutional ownership, with Barclays PLC reducing its stake by 90.1% in the last quarter. Analysts currently rate the stock as "Hold," with a consensus price target of $10.20, while shares opened at $9.10, reflecting a 1.0% decline. The company, which specializes in luxury apparel, operates through Direct-to-Consumer, Wholesale, and Other segments across various global markets.

huawei launches innovative wearables at berlin product event 2025

HUAWEI launched its innovative product lineup, including the HUAWEI WATCH FIT 4 Series and HUAWEI WATCH 5, at the Innovative Product Launch 2025 in Berlin. The WATCH FIT 4 Series emphasizes a stylish, active lifestyle with advanced health management features, while the WATCH 5 introduces a new 3-in-1 sensor for enhanced health monitoring and intuitive gesture controls. HUAWEI also achieved a brand value of nearly $64.7 billion, marking a 142.4% increase from the previous year, ranking 39th in the Kantar BrandZ Global Brand Value Ranking.

huawei cloud partners with apac firms to advance ai native solutions

Huawei Cloud's 2025 Asia Pacific Partner Conference in Thailand gathered over 400 partners to discuss AI's role in enterprise transformation. The company aims to enhance its AI-native cloud services and support local partners through initiatives like the Partner Sales Acceleration Program 2.0 and the Industry Deep-Dive Initiative, focusing on sectors such as finance and telecommunications. With significant growth in operations and a commitment to ecosystem development, Huawei Cloud is poised to drive digital transformation across the region.

huawei cloud fosters ai ecosystem growth through partnerships and innovation

Huawei Cloud is advancing its AI ecosystem in Asia Pacific through the integration of multimodal large language models and a focus on collaboration with over 2,500 local partners. The company aims to enhance AI technology innovation and solution development, particularly for SMEs, by launching initiatives like the Industry Deep-Dive Initiative and the Partner Sales Acceleration Program 2.0. With a commitment to building a robust digital ecosystem, Huawei Cloud emphasizes the importance of a partner-driven approach to unlock growth and meet the increasing demand for AI solutions.

credit suisse executives retain bonuses amid ongoing economic challenges

Former Credit Suisse executives will retain their bonuses despite ongoing scrutiny. Meanwhile, Friends of the Earth has initiated legal action against Shell to halt its plans for increased fossil fuel production post-2030, citing potential violations of Dutch law regarding climate commitments. In economic news, US inflation has slowed to 2.3% year-on-year, influenced by falling fuel prices, while Switzerland's GDP growth is projected at 1.0% for 2025, driven by domestic demand amid global trade uncertainties.

deutsche bank announces virtual investor conference featuring international companies on may 15

Deutsche Bank will host its Depositary Receipts Virtual Investor Conference on May 15, 2025, featuring live webcasts from international companies with American Depositary Receipt programs. Participants from various countries, including China, Germany, and the UK, will present and answer questions. The event is free for investors and analysts, with pre-registration recommended.

deutsche bank announces virtual investor conference featuring international companies on may 15

Deutsche Bank will host its Depositary Receipts Virtual Investor Conference on May 15, 2025, featuring live presentations from international companies with American Depositary Receipt programs. The event is free for investors and analysts, with a lineup including firms from China, Germany, and the UK. Presentations will be available for replay post-conference.
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