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US businesses are significantly concerned about the impact of President Trump's tariff policies, with over half anticipating a revenue decline of at least 25% in the next two years. In contrast, Chinese firms are more optimistic, with a quarter expecting a similar impact, while many foresee a 10% to 25% drop. HSBC's survey of over 5,700 international firms highlights a shift in supply chain strategies as companies adapt to geopolitical uncertainties.
SKAN Group AG has acquired a majority stake in Metronik, a European provider of software for production process management in the pharmaceutical sector. UBS acted as the sole financial advisor for Metronik, which will continue to operate independently under its current management while enhancing SKAN's digital transformation capabilities.
US businesses are increasingly concerned about the impact of President Trump's tariff policies, with over half of companies anticipating a revenue decline of at least 25%. A quarter of those surveyed expect their revenues to more than halve in the next two years due to disruptions in their supply chains.
Stevanato Group S.p.A. reported a yield of 0.3% with a dividend payout ratio of 11.76%. The company, which specializes in integrated solutions for the bio-pharma and healthcare sectors, has a market cap of $7.40 billion and a consensus rating of "Moderate Buy" from analysts. Recently, BNP Paribas Financial Markets invested $1.06 million in the firm, while other hedge funds also increased their stakes.
UBS has upgraded Bharat Electronics Ltd (BEL) to "buy" from "neutral," raising its price target by 40% to ₹450, the highest on the street. The upgrade is driven by anticipated significant order book acceleration and a long-term pipeline of nearly ₹2.4 lakh crore, with expected order inflows of up to ₹27,000 crore in the new financial year. Out of 29 analysts covering BEL, 25 recommend a "buy."
UBS has maintained a "neutral" rating on Salzgitter AG, setting a target price of 19 euros. The German steel producer operates through five segments: Strip Steel, Sheet and Profile Steel, Mannesmann, Trading, and Technology, offering a diverse range of steel products and services.
Myer Holdings has declared 2025 a transition year amid challenging market conditions, reporting a 2% rise in second-half sales but facing declines in its apparel brands. Analysts express caution over the stock's volatility and suggest selling shares due to better investment opportunities, despite potential benefits from new leadership and loyalty programs.
Deutsche Bank forecasts Xiaomi will deliver 100,000 YU7 SUVs and 280,000 SU7 sedans in 2025, with the YU7's official launch set for July. The company's electric vehicle unit aims for a total of 350,000 deliveries, facing current capacity bottlenecks. The second phase of its Beijing plant is under construction, expected to be completed by mid-June.
Jim Cramer expressed admiration for Elon Musk, highlighting his return to a more business-focused persona, distinct from his political role. Cramer praised Tesla (TSLA) as the top stock among those he discussed, while noting a belief that AI stocks may offer even greater investment potential. Tesla continues to innovate in electric vehicles and energy solutions.
UBS plans to relocate around 1,000 tech jobs from Mumbai to Hyderabad by the end of 2025, aiming to increase its Hyderabad workforce from 2,000 to 3,500-4,000. The bank seeks to stabilize its overall India headcount at approximately 20,000 by 2026, focusing on enhancing its permanent employee base and investing in AI capabilities. India's strategic importance is underscored by its role in the recent Credit Suisse integration, with 50% of UBS's global certified engineers based there.
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US Businesses Brace for Revenue Losses Due to Trump Tariffs
10:19 23.05.2025
SKAN Group Acquires Majority Stake in Metronik to Enhance Digital Solutions
09:41 23.05.2025
US Businesses Brace for Revenue Losses from Trump Tariffs According to Survey
09:30 23.05.2025
Stevanato Group Reports Earnings and Increases Dividend Amid Market Activity
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09:16 23.05.2025
UBS Upgrades Bharat Electronics Shares with Higher Price Target and Positive Outlook
08:42 23.05.2025
UBS Maintains Neutral Rating for Salzgitter with Target Price of 19 Euros
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07:43 23.05.2025
Myer Holdings Faces Challenges Amid Transition Year and Market Volatility
06:28 23.05.2025
Xiaomi Plans 100000 YU7 SUVs and 280000 SU7 Sedans for 2025
05:39 23.05.2025
Jim Cramer Praises Elon Musk and Highlights Tesla's Market Position
04:34 23.05.2025
UBS to Relocate 1000 Tech Jobs from Mumbai to Hyderabad by 2025
23:49 22.05.2025
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