News

30.05.2017

Hackers could focus on pacemakers than credit cards

WhiteScope, an independent provider of cyber security services and training, has just released research that shows that pacemaker programmers, from four major manufacturers, have 8,000 bugs that leave them vulnerable to hacking.  More importantly, the researchers said they've also discovered that pacemakers don't authenticate programmers, so any working tool listed on eBay has the potential to harm patients with the implant. “Any pacemaker programmer can reprogram any pacemaker from the same manufacturer.This shows one of the areas where patient care influenced cybersecurity posture.” wrote the researchers in their summary.

 
Read More
30.05.2017

Goldman Sachs warns: someone in G-10 real estate market could go bust

The Swedish and New Zealand housing markets are the most at risk of a correction among the so-called G-10 economies, according to Goldman Sachs. In a report on house prices in G-10 nations - those with the 10 most-traded currencies in the world - Goldman finds they are most elevated in small, open economies such as Sweden and New Zealand. A graph in the report shows that New Zealand’s probability of a housing bust is just above 40 per cent, while Sweden’s is just above 35 per cent. The risk of a bust in Canada is about 30 per cent, while in Norway, Australia and Switzerland the probability is assessed at 20-25 per cent.

 
Read More
30.05.2017

Swiss-designed supercar Elextra aspires to tackle Tesla

Switzerland's Classic Factory has announced a sleek, limited-production four-door electric car that will provide exclusivity and ultra-performance to well-heeled EV customers. The Elextra electric car will be exclusive, with plans for just 100 to be hand-built in Germany. It will also be powerful and quick, to match its Italian looks. Elextra's two electric motors provide all-wheel drive, with torque independently distributed to the front and rear wheels for better traction. With a combined peak 680 horsepower, the car will sprint from a stop to 62 miles per hour in under 2.3 seconds. Top speed is limited, though, to 155 miles per hour.

 
Read More
30.05.2017

Ellen MacArthur Gives Her Explanation of Circular Economy for Investors and Agri-Food Industry in Particular

Picking Alpha interview with Dame Ellen MacArthur, Founder, Ellen MacArthur Foundation.  This interview was taken at the 10th Annual Forum For Agriculture in Brussels, Belgium.  FFA, organized by Syngenta and European Land Owners Organization, is the leading agricultural forum in Brussels, that brings together the greatest trend setters in agriculture and agri policy from all over the world.    Ellen MacArthur answers the following questions about Circular Economy:

 
Read More
30.05.2017

Singapore fined Credit Suisse, UOB after 1MDB probe

Singapore said Tuesday it had fined Credit Suisse and United Overseas Bank (UOB), a local lender, for breaches of the city-state's anti-money laundering laws relating to a corruption scandal at Malaysian state fund 1MDB. The Monetary Authority of Singapore (MAS), the country's central bank, said it also imposed lifetime bans on two bankers and a 15-year prohibition order on a third following a two-year review of lenders involved in 1MDB-related transactions.

 
Read More
30.05.2017

MiFID II – Seven Months before Compliance. Is Europe Gaining a New Competitive Edge in Financial Markets?

MiFID II (Markets in Financial Instruments Directive II)   aims to ensure financial stability in the European Union member states by improving accountability and transparency in the financial system. Just in few months it will be mandatory for every European Institution to comply with its regulations.  Picking Alpha has talked to Karel Lannoo, CEO of CEPS, one of European leading think tanks on what markets can expect from MiFID II.

 
Read More
29.05.2017

Malta fights against Tax Haven label

"Offshore", "tax haven" and more recently "Panama in the EU" are labels that Malta has done its best to shake off. The Institute of Financial Services Practitioners (IFSP) said on Thursday that the a series of “sensationalist” media reports in parts of the international tabloid press, referred to as the “Malta Files” contain several inaccuracies and false statements. “Maltese financial services practitioners operate within a legal and regulatory framework of the highest standards. Malta is a full member of the European Union and all its laws, including anti-money laundering rules, are fully aligned with European rules and best practice.

 
Read More
29.05.2017

The American Retail Armageddon (by W. Snyder)

The crisis in the  retail sector, briefly mentioned in Newsletter 161, is ironically speeding up as the sector loses steam if one views the consumer-driven American economy as a train pulled by a 19th century locomotive. The number of store closings may be more than 8,000 in 2017 if the rate current in Q1 continues. Hundreds of mall anchor stores are on schedule to be closed if the train runs on time.

 
Read More
29.05.2017

Apple: Neural Engine chip to remove users from devices

Apple is reportedly working on a dedicated artificial intelligence chip that would power AI-related tasks on mobile devices, according to a report from Bloomberg’s Mark Gurman. The chip, which may be called the Apple Neural Engine, would be used to offload tasks that require sophisticated algorithms related to facial and speech recognition and augmented reality tasks that rely heavily on computer vision. 

 
Read More
29.05.2017

British Airways chaos could cost $150 mln

British Airways, owned by International Airlines Group (IAG), faces a potential multi-million pound bill for the delayed passengers. Three days of chaos caused by an IT glitch at Delta airlines last year was expected to cost the US carrier $150m in lost revenue. Many families have lost their holidays, while others have been forced to sleep on the floor of Britain’s two biggest airports since the computer crash on Saturday.

 
Read More

Events


Semptember 2015
  • 22
    Jun

    Benjamin Graham once said: "The essence of investment management is the management of risks, not the

  • 22
    Jun

    Wo liegt die Zukunft des Investierens und wie kann man sich in der steigenden Komplexität der Produ

  • 22
    Jun

    The event, reserved only to qualified investors, is aimed at private bankers, asset managers, famil

  • 28
    Jun

    Only a little more than half a year is remaining until implementation of PRIIPs and MiFID II, and th

  • 30
    Jun

    Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI® PR9051.270,73 %
LYXOR DAX INAV122.1340,15 %
FTSE MIB Index20930.26-0,68 %
FTSE 1007439.29-0,11 %
CAC 405281.930,15 %
S&P 5002439.650,17 %
NASDAQ Composite6249.18990,24 %
HANG SENG INDEX25674.53-0,08 %
Powered by Yahoo Finance