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UK competition watchdog may accept new proposals over Mastercard VocaLink deal

MasterCard has put forward proposals to the Competition and Markets Authority CMA after the watchdog expressed concern over its acquisition of VocaLink The CMA said [...]

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Geberit reported +8.3% in sales for 2016

The Geberit Group reported that its net sales increased by to billion Swiss francs in the financial year Adjusted for currency effects and in organic [...]

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Luxottica, Essilor: $50 bn merger deal to create european eyewear giant

Italy's Luxottica and France's Essilor on Monday announced they have agreed on a -billion-euro merger deal to create an eyewear giant with over employees and [...]

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UK finance industry could go through a hard period

UK’s powerhouse financial sector would face heightened risk and an exodus of jobs without certainty over Britain’s Brexit deal MPs in the House of Commons [...]

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Richemont sales grew in Christmas season

Richemont improved watch sales in its own stores helped luxury goods the swiss  company said Thursday sales during the last three months of increased from [...]

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China's President to attend Davos World Economic Forum

Chinese President Xi Jinping will deliver a speech at the opening ceremony of the World Economic Forum WEF session in Davos Switzerland on January Chinese [...]

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Edmond de Rothschild takes a step back and leaves London

Fund manager Edmond de Rothschild Asset Management EdRam is to withdraw from the UK retail market less than a year after launching an ambitious expansion [...]

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Switzerland bankruptcies climbed in 2016

Corporate bankruptcies are on the increase in Switzerland in which covered companies more than last year According to figures released today by the Society of [...]

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Yahoo to change name in Altaba, CEO Mayer near to leave board

Yahoo one of the Internet's most venerable companies won't exist for much longer According to SEC paperwork filed on Monday it will be rolled into [...]

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McDonald’s sells Its China Business For $2.1 Billion

Fast food chain McDonald’s is selling a majority stake in its China business valuing the enterprise at up to billion Chinese state-backed conglomerate Citic Ltd [...]

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