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Netflix shares have reached an all-time high following a significant increase in subscriber numbers. This surge reflects the company's strong performance and growing popularity in the streaming market. Investors are responding positively to the impressive growth metrics.
UBS has vacated the Uetlihof, a site deemed toxic, despite a rental agreement lasting until 2037. Instead of utilizing the space, UBS plans to seek subtenants to offset costs while consolidating operations in more favorable locations across Zurich, including a new tower in Altstetten. The Uetlihof's decline symbolizes the fallout from the merger with Credit Suisse, as UBS opts to invest in multiple city locations rather than the problematic site.
Elon Musk has cultivated strong ties with Chinese officials, establishing Shanghai as a key hub for Tesla's electric vehicle production. With Donald Trump's return to the White House, questions arise about Musk's potential influence on U.S. China policy, especially given his significant business interests and pro-China stance. Recently, he met with Chinese Vice President Han Zheng, highlighting his prominent role in U.S.-China relations.
BlackRock announced a workforce reduction of approximately 1%, equating to around 200 employees, as part of a strategic realignment. This decision was communicated to staff on January 8 by the group's president and COO, Rob Kapito, and COO, Rob Goldstein.
EFG International AG experienced a slight share price decline of 0.28% on January 21, 2025, with shares currently priced at EUR 14.51 and a market capitalization of EUR 4.5 billion. Despite this dip, the company has seen a 4.84% increase over the past month and is trading 25.64% above its 52-week low, indicating a strong position in the financial sector. A recent analysis suggests shareholders may need to consider their next steps regarding buying or selling shares.
Société Générale is pursuing a strategic turnaround by 2026, aiming for a CET 1 ratio of 13%, a cost-to-income ratio below 60%, and a RoTE of 9-10%. Following a strong Q3 2024 performance, with net income soaring to €1.367 billion, analysts are increasingly optimistic about the bank's recovery and its ability to meet these targets. CEO Slawomir Krupa emphasizes a focus on capital build-up and profitability improvement amid ongoing restructuring efforts.
BNP Paribas Exane has raised its target price for Nordnet to SEK 195 from SEK 185, while maintaining an underperform rating. Nordnet AB, a Sweden-based company, provides a digital platform for savings and investments, catering to private savers in Sweden, Norway, Denmark, and Finland. The platform offers low-cost financial products and features a social investment network with over half a million members.
Huawei has unveiled the Maextro S800, an electric sedan designed to compete with luxury models like the Rolls Royce Ghost. Measuring 5,480 mm in length, it offers both Battery Electric Vehicle (BEV) and Extended Range Electric Vehicle (EREV) options, with a peak output of 635 kW for the BEV version. Priced between 1-1.5 million yuan, the sedan promises advanced features such as Super Cruise and Super AI, with pre-orders already available.
In 2024, Russia's meat exports surged by 27% to over 700,000 tons, with a total value reaching €1.64 billion, driven by significant increases in pork (42%) and poultry (17%). China remains the largest importer, followed by Saudi Arabia and Belarus. Achieving over 100% self-sufficiency in meat, Russia aims to double its export value to €3.5 billion by 2030, supported by government subsidies and a stable animal health situation.
ING Bank Slaski has demonstrated impressive growth, with a 30% annual increase in earnings per share over the past three years and a 12% rise in revenue to zł10 billion. The CEO's modest compensation of zł3.4 million suggests alignment with shareholder interests, making the bank a noteworthy investment option.
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Netflix shares reach all-time high following significant subscriber growth
08:06 22.01.2025
UBS abandons toxic Uetlihof site while seeking subtenants in Zurich
07:59 22.01.2025
Elon Musk's growing influence in US China relations under Trump
07:40 22.01.2025
BlackRock to reduce workforce by 200 employees in strategic realignment
07:38 22.01.2025
efg international shares show resilience despite slight decline in price
07:32 22.01.2025
société générale shows promising signs towards achieving 2026 strategic goals
Euro
AllianceBernstein Holding L.P.
Brookfield Asset Management Ltd.
MAR
GNQ
TCD
MOZ
MDG
FRA
RUS
CIV
BEN
COG
Slawomir Krupa
Frédéric Oudéa
Marie-christine Ducholet
Leopoldo Alvear
Claire Dumas
Jérôme Kerviel
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07:00 22.01.2025
BNP Paribas Exane raises Nordnet target price to SEK 195 while underperforming
06:23 22.01.2025
Huawei unveils Maextro S800 luxury sedan to rival Rolls Royce Ghost
06:18 22.01.2025
russia's meat exports surge to record levels in 2024
United States Dollar
Euro
Raiffeisen Bank International AG
CHN
SAU
RUS
BLR
Sergei Vasilievich Yushin
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06:13 22.01.2025
ING Bank Slaski shows strong growth and reasonable CEO compensation
05:24 22.01.2025
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