JPMorgan’s Bold Shift: European Banks ‘Short,’ Healthcare Sector ‘Overweight’
In a recent note published on Monday, JPMorgan’s strategists made a significant recommendation to “short” European banks and shifted their stance on the sector from “neutral” to “underweight.” The move raised eyebrows in the financial world, as European banking shares have shown strength and resilience throughout 2023. JPMorgan’s strategists, led by Mislav Matejka, based their […]
WHO, partners seek $23.4 BLN for new Covid war chest
The World Health Organization (WHO) and other aid groups appealed to leaders of the world’s 20 biggest economies to fund a $23.4 billion plan to bring COVID-19 vaccines, tests and drugs to poorer countries. WHO Director-General Tedros Adhanom Ghebreyesus said that the Group of 20, whose leaders are meeting in Rome, had the political and […]
Security challenge for the healthcare industry
According to the 2020 IBM Cost of a Data Breach Report, the monetary cost of recovering from a cyberattack is significantly higher for healthcare organisations. The price tag increased by 10% between 2019 and 2020. It is around $7.13 million. But more concerning than monetary losses is the human cost. In the November of 2020, German […]
FTSE 100 supported by financial, healthcare stocks
London’s FTSE 100 rose slightly, helped by gains in healthcare and financial stocks. In the mean while investors assessed risks from rising COVID infections globally and also has concerns about easing economic growth. The blue-chip FTSE 100 climbed 0.1%. The banking sector was the top performer with a 0.9% climb. David Madden, an analyst at […]
Is the insurance sector ready to get disrupt digitally
The 2020 world health crisis has driven many businesses, including the insurance sector, to work remotely in order to thrive. And while the road to retrieval will take time, it has fortified them to reconsider their long-term working environments and investments to continue being supple. In spite of these doubts, businesses are now observing to […]
Gap covers and its benefits
Rachel Janssen, the principal consultant at Alexander Forbes Health shared the benefits of having the Gap cover. What is a Gap cover? It is a short term insurance product which covers financial shortfalls during the hospital stays especially when the health care professionals charge more than the actual medical scheme rate. The ones on the […]
Telemedicine, the new feature of Ministry of Health and Prevention
MoHAP showcased its recent updates of its world class telemedicine and health monitoring services, as a part of its active participation in GITEX Technology Week 2020, which was held at the Dubai World Trade Centre from 6 to 10 December 2020. The updates aimed to deliver the innovative digital health solutions and services, deliver specialized […]
Investors see compelling opportunity in Africa’s healthcare
The coronavirus pandemic has showed us prominence in the gap in the healthcare services in Africa. Foreign investors have identified this to be a potential opportunity. For example Nigeria is lagging compared to other countries of the African continent in terms of expenditure and access to healthcare. In Nigeria, public spending on healthcare is about […]