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Airbus Targets Higher Dividend Payments, Affirms 2025 Guidance

Airbus Targets Higher Dividend Payments, Affirms 2025 Guidance

Bloomberg5 hours ago

Airbus SE said it would target higher dividend payments, raising the upper range of its payout to shareholders, as earnings remain resilient despite uncertainty from tariffs and supply chain snags that have slowed down deliveries of its aircraft to customers.
The pan-European planemaking and defense giant reiterated its 2025 guidance in a statement Wednesday. Airbus also said it would propose a new policy boosting its dividend ratio to 30-50%, from 30-40%, later in the day during a business update for investors and analysts.

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Nokia launches Autonomous Network Fabric to help customers accelerate network automation
Nokia launches Autonomous Network Fabric to help customers accelerate network automation

Yahoo

time33 minutes ago

  • Yahoo

Nokia launches Autonomous Network Fabric to help customers accelerate network automation

Press releaseNokia launches Autonomous Network Fabric to help customers accelerate network automation Nokia Autonomous Network Fabric brings together all the capabilities required to accelerate the journey to full network automation in an open, cloud-native, multi-vendor environment. Key features include a library of cross-domain correlated data products, telco-trained models (LLM/LAM/ML), integrated security, and AI apps for automation workflows. Nokia announces an expanded collaboration with Google Cloud that will make Nokia's Autonomous Network Fabric available to deploy anywhere customers need it, on Google Cloud, on premises, and in hybrid cloud environments. 18 June 2025 Espoo, Finland – Nokia today announced its Autonomous Networks Fabric, the industry's first suite of telco-trained AI models, integrated security, and AI apps to accelerate network automation and enable operators to easily roll out new services. Autonomous Network Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model. Additionally, Nokia is announcing an expanded collaboration with Google Cloud to enable customers to deploy Nokia's Autonomous Network Fabric as a SaaS application running on Google Cloud, on-premises with Google Distributed Cloud, and in hybrid cloud environments. Over the past few years, operators have started to move toward fully autonomous networks. However, they are held back by legacy systems, siloed processes, and fragmented data. With Nokia's Autonomous Network Fabric, operators now have a fully integrated suite that features unified data management, 360-degree observability, and explainable AI. Nokia's Autonomous Network Fabric enables automation at scale, reducing the complexity of automation while allowing operators to improve reliability and operational cost savings by quickly testing new ideas and integrating those that deliver desired benefits. 'As networks become more autonomous, they will require different forms of AI—from classical algorithms to language-based systems and intelligent agents—to each contribute distinct capabilities for operators. Nokia's new tools can help operators to manage their infrastructure, services, and cyber risks by applying AI that is trained on industry-specific data and enriched with real-time situational awareness,' said Andy Hicks, Senior Principal Analyst, GlobalData. Nokia's Autonomous Networks Fabric will leverage Google Cloud's generative AI, including Google Cloud's Vertex AI and BigQuery, to deliver agentic-driven workflows for network operations. This includes real-time monitoring and visibility into network traffic patterns, improving subscriber experience, anomaly detection, zero-touch remediation of performance issues, and support for elastic scale-out and disaster recovery to the cloud. Nokia and Google Cloud are making it easier for telecom companies to run Nokia's 5G core network on Google's cloud infrastructure. They are also joining forces with a major European operator to build a smarter, more automated network. By combining Nokia's telecom data and automation capabilities with Google's AI tools, they aim to create an environment where developers can innovate and rapidly scale network automation. 'In an era of increasingly complex and vulnerable networks, customers are eager for fully autonomous networks, which depend on good data. There is no good AI without good data. Nokia's Autonomous Network Fabric lays the foundation and applies our deep network expertise and agentic AI-optimized workflows together with Google Cloud to accelerate customer outcomes,' said Kal De, SVP Product and Engineering, Cloud and Network Services, Nokia. 'This is another step in our deep partnership with Nokia to strengthen network reliability, proactively detect and resolve network issues, and turn data into value for predictable and high-performing networks. Nokia's Autonomous Network Fabric taps Nokia's deep telecom domain knowledge combined with Google Cloud's AI tools to provide operators with a comprehensive approach for accelerating network automation,' said Muninder Singh Sambi, Vice President and General Manager, Networking and Security, Google Cloud. With Nokia's Autonomous Network Fabric, customer will benefit from the following capabilities: Unified Data Management: All relevant network data is collected, curated, correlated, and published as data products leveraging a data mesh architecture. Data is virtually federated with the ability to design and construct new data products rapidly in a low-code/no-code environment. Operators can use logic or AI/ML to create cutting-edge data assets that can be used and reused to power automation. 360-degree Observability: The Autonomous Network Fabric federates the use and distribution of data and AI across the organization, monitoring chain of custody from end to end. This ensures quality and consistency in automation. Explainable AI: Powerful telco-trained LLMs support all automation through a rich knowledge engine that gives a clear reasoning for how data is interpreted, how issues are analyzed, and why certain actions are recommended. Visit Nokia at Booth 306 at Digital Transformation World to find out more about the future of autonomous networks and see a live demo of Nokia AN Fabric in action. Multimedia, technical information and related news Product Page: Nokia Autonomous Networks Product Page: Nokia Data Suite About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future. Media inquiries Nokia Press Office Email: Follow us on social media LinkedIn X Instagram Facebook YouTube Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

HSBC Weighs Asking Staff to Show Up in Office Three Days a Week
HSBC Weighs Asking Staff to Show Up in Office Three Days a Week

Bloomberg

time37 minutes ago

  • Bloomberg

HSBC Weighs Asking Staff to Show Up in Office Three Days a Week

HSBC Holdings Plc is considering telling all its employees to work from one of the bank's offices at least three days a week, as it looks to tighten some of its flexible policies that have been in place since the pandemic. The new arrangement is under discussion and no decision has yet been made, a person familiar with the matter said, asking not to be identified discussing internal deliberations. A representative for the British lender declined to comment.

France Left Unloved by Investors as German Markets Power Ahead
France Left Unloved by Investors as German Markets Power Ahead

Yahoo

time41 minutes ago

  • Yahoo

France Left Unloved by Investors as German Markets Power Ahead

(Bloomberg) -- In a year that's all about Europe, there's one key market missing out on all the investor love: France. Security Concerns Hit Some of the World's 'Most Livable Cities' How E-Scooters Conquered (Most of) Europe As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention Space JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown The aftermath of President Emmanuel Macron's surprise decision last June to hold elections is still being felt in French assets. For stocks, the picture is made worse by anemic demand for French luxury goods from previously high-spending Chinese shoppers. The CAC 40 in Paris is up 4.1% this year. Meanwhile, Germany's DAX has rallied 18% and is set for its best first-half since 2007. Historic fiscal stimulus is revitalizing Europe's growth engine, spurring frenetic rallies in defense and infrastructure stocks in Frankfurt. Bank of America Corp.'s survey of European fund managers this week showed that these investors are turning more bullish on the region's stocks. Europe's Stoxx 600 benchmark is up 7% so far in 2025. But, among countries, Germany is the most liked and France 'the most unloved.' The snap vote last June left France with a hung parliament and political instability that hobbled efforts to reduce the budget deficit to European Union limits. In the government bond market, France has sharply underperformed Germany as investors demand higher compensation to account for the risks. For Florian Allain, a fund manager at Mandarine Gestion in Paris, the concerns about France that trouble investors continue to grow. 'In the past year, none of France's biggest problems have been tackled. The state of public finances is dire, economic growth is weak and there's no political visibility,' he said. 'I have no problem understanding why a foreign investor wanting to buy Europe would rather chose Germany.' Not only have French large-cap stocks underperformed sharply since Macron called the snap election, they have also lost the valuation premium to their German peers they enjoyed for about a decade. The CAC 40 forward price-to-earnings ratio now shows an 8% discount to the DAX, compared with an average 6% premium during the 10 years prior to the election. And analysts are increasingly cautious about the outlook for the country's most valuable companies. Since the start of 2024, CAC 40 earnings estimates have fallen by more than 10%, a sharp contrast with the 5% surge for the DAX and 2% increase for the broader Stoxx Europe 600. For a time, betting on France had proved a successful trade as Macron built a reputation among foreign investors as a pro-business reformer and well-heeled shoppers' desire for French luxury goods grew year after year. Total returns for the CAC 40 between mid-2017, when Macron took office, and June 2024 totaled 83% against 68% for the pan-European Stoxx 600. Since Macron dissolved the French National Assembly, the CAC 40 index has slipped 4%. The DAX in Frankfurt is up 26%. Europe's Stoxx 600 benchmark has gained 3.6%. The spectacular slump in French luxury stocks has left deep scars on the Paris stock market. Luxury giant LVMH has slumped 36% since last summer's political turmoil erupted. That chopped more than 300 points off the CAC 40, almost three times more than car-maker Stellantis NV, the next biggest drag. French stocks now lag far behind those in Spain, with the IBEX up 22% over the same period. In Italy, Milan's FTSE MIB Index has climbed 14%. France's bonds have underperformed those of neighboring Germany too. Since Macron called the election, yields on French 30-year bonds have surged by nearly half a percentage point while the equivalent rate on German bunds is little changed. At the 10-year point, French yields are 18 basis points higher, compared to six basis points lower in the case of Germany. 'There's no real going back for France, in terms of getting back to the spreads it used to trade at before,' said John Taylor, head of European fixed income and director of global multi-sector at AllianceBernstein, which manages assets of $785 billion. But the longer it lacks a clear governing majority, the harder it will be for country's debt trajectory and fiscal dynamics to improve, he said. The divergence in performance is all the more remarkable given the newly elected government in Berlin's announcement of a vast fiscal package in March to turbocharge long-term investment in defense and infrastructure. German bonds initially plunged on the prospect of much higher bond issuance in the coming years, though yields have since retreated from the peaks. It's drawn a line under the years when French government debt was considered a good, high-quality alternative to German debt, the region's haven asset due to Berlin's historic fiscal austerity. The notes have also underperformed bonds issued by Italy, Spain and Portugal, once at the heart of the region's sovereign debt crisis in 2011. While France's budget deficit had been deteriorating for years, the snap elections led to a highly fragmented parliament that laid bare the high barriers to curb public spending. Prime Minister Francois Bayrou is planning to present his government's 2026 budget plans next month, which entail about €40 billion ($46 billion) of savings. 'If Bayrou pulls off the 2026 budget, then I'd go bullish on France,' said Arnaud Girod, head of economics and cross-asset strategy at Kepler Cheuvreux in Paris. Still, he said that this move would be a tactical one as political risk would make a comeback sooner rather than later. --With assistance from Michael Msika and Cecile Gutscher. Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Mark Cuban Has Done Sports, Reality TV and Now Health Care. Why Not US President? How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants American Mid: Hampton Inn's Good-Enough Formula for World Domination The Spying Scandal Rocking the World of HR Software ©2025 Bloomberg L.P.

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