The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Morgan Stanley announces management changes for China A Share Fund
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
Romania found to violate Article 8 in competition investigation case
The European Court of Human Rights ruled that Romania violated Article 8 concerning the seizure and searches conducted during a competition investigation involving BRD - Groupe Société Générale S.A. This decision highlights the importance of protecting individual rights in regulatory processes.
Daniel Marcu appointed global head of AI engineering at Goldman Sachs
Goldman Sachs has appointed Daniel Marcu as Partner and Global Head of AI Engineering and Science. With over 30 years of experience, he will lead the development and deployment of AI platforms, collaborating with various business leaders to enhance productivity. Marcu previously held senior roles at Amazon and SDL plc and has an extensive academic background.
byd considers third european plant in germany amid tariff challenges
BYD is considering establishing its third European car assembly plant in Germany to enhance brand awareness, despite concerns over high labor and energy costs. Currently, the company is building two NEV plants in Hungary and Turkey, with production set to start in October 2024 and March 2026, respectively. The final decision on the new plant will depend on sales performance in Europe and the capacity utilization of existing facilities.
european pig prices rise amid varying trends across countries
Prices for slaughter pigs in Europe are generally rising, with notable increases in Austria, Belgium, Denmark, and Spain, driven by strong exports. Germany's prices remain stable at 1.72 euros/kg, while Italy continues to see declines. The EU average price rose to 181.27 euros/100 kg, though it remains 14.3% lower than last year.
Raiffeisen Bank enhances client services with new card delivery and promotions
Raiffeisen Bank in Romania introduces new facilities for clients, including a secure process for Visa card delivery, where undelivered cards are held for pickup. A special promotion offers a bonus for shopping card users, valid until March 2025, alongside enhancements to the mobile app for better financial management. The bank emphasizes innovation and customer satisfaction through personalized services and improved digital experiences.
Raiffeisen Bank Romania Achieves Record Growth and Customer Satisfaction in 2024
In 2024, Raiffeisen Bank Romania reported significant growth, with assets exceeding 82 billion RON and a net profit of 1.67 billion RON, driven by a 10% increase in new financial products and a 440% rise in digitally enrolled customers. The bank's digital transformation continued, enhancing services like the Smart Mobile app and launching the MoonshotX program to support corporate growth. With a strong focus on ESG assets and a solid capital adequacy ratio of 21.80%, Raiffeisen Bank remains committed to fostering the Romanian economy.
Uber Technologies, Inc. operates in multiple regions, focusing on Mobility, Delivery, and Freight services. Institutional investors hold 80.24% of its stock, while analysts maintain a "Moderate Buy" rating, with a consensus target price of $90.89. Recent price targets from UBS and other firms reflect a range of $95.00 to $107.00.
european slaughter pig prices stabilize amid varying trends across countries
European slaughter pig prices have mostly stabilized, with declines noted only in France and Italy. Germany's market faces pressure due to foot-and-mouth disease affecting exports, while Austria sees improved conditions thanks to strong tourism. The EU average price continues to decline, down 1.6% from the previous week.
FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp
FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.