Donald Trump did business with Cuba, violating the US embargo during Fidel Castro's presidency, Newsweek reported in a story, titled "The Castro Connection". Trump Hotels & Casino Resorts paid at least $68,000 to a consulting firm, Seven Arrow, in late 1998 which went to Cuba and investigated possible business opportunities for Trump's company, according to the Newsweek report.
SIX Swiss Exchange is the home market for global corporations such as ABB, Credit Suisse, Nestlé, Novartis, Roche and UBS. They are also part of indices such as the SMI® that attract a lot of interest worldwide. However investors are able to trade more than just Swiss stocks on the Swiss exchange. In the Sponsored Foreign Shares segment, they have a choice that extends to over 500 shares from 26 countries! With over 150 securities each, the USA and Germany are the most represented markets in the segment.
Commerzbank plans to cut around 9,600 jobs in the next few years and scrap its dividend for the time being as it restructures to become profitable. The restructuring plan through 2020 will cost about €1.1 billion ($1.2 billion). Actually it employs about 45,000 full-time staff. "The focus on the core business, with some business activities being discontinued, and the digitalisation and automation of workflows will lead to staff reductions amounting to around 9,600 full-time positions," Commerzbank said.
LaFerrari Aperta has made its first appearance in public at the Paris Motor Show on Thursday, the droptop version of the brand's hybrid hypercar launched in 2013. Ferrari sales head Enrico Galliera said to Reuters that it will be limited to 209 special edition cars, 200 of which have already been pre-sold while the remainder will be kept in house for anniversary celebrations and added: “For us a limited edition is a way to reward our clients".
BlackBerry, the canadian firm that invented the smartphone, stops making mobil phones, John Chen, BlackBerry executive chairman and CEO, said Wedsneday. The new strategy will enable Blackberry to “focus all of our efforts on where we can deliver differentiation in software and security” which is “aligned with where the market is going,” CEO John Chen said as the company released Q2 earnings.
UBS agreed to pay over $15 million to settle U.S. Securities and Exchange Commission charges that the bank failed to properly instruct advisers on risks tied to structured products. The case revolves around the sales of approximately $548 million in reverse convertible notes (RCNs) to 8,743 UBS retail customer, who were relatively inexperienced and unsophisticated, between 2011 and 2014. The RCNs are complex securities that feature embedded derivatives whose performance is driven by the concept of implied volatility.
OPEC member country officials in Algiers said they had reached an agreement to limit production to between 32.5 million and 33 million barrels per day, cutting daily output by about 750,000 barrels, for the first time since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. “We have decided to decrease production by around 700,000 bpd,” said Iran’s oil minister, Bijan Zanganeh. Following the strategic agreement reached in Algiers, oil stocks moved higher in New York, bringing the rest of the market up with them. Oil prices jumped more than 5% to trade above $48 per barrel after the outcome of OPEC’s informal meeting in Algeria took traders by surprise.
The bullion bounced off the rising wedge pattern's lower trend line and surged on Thursday morning. On early morning, the metal was about to face a resistance cluster from 1,326 to 1,331, which is comprised of both the weekly and monthly pivot points and the 20 and 55-day simple moving averages. Previously, it was possible that the yellow metal will break out from the rising wedge pattern due to the pressure provided by a triangle pattern, and the threat still remains, as the triangle remains active.
This presentation will look at profiting from the use of Ichimoku Clouds.
Confronto su come competizione, statistica, gaming e psicologia ne rivoluzioneranno il mondo.
Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della
Within the framework of this presentation, Viktor Pershikov, MFTA, (a leading technical analyst in R
One of the biggest conferences in Switzerland, which brings together the private equity, venture cap
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|SMI® PR||8944.04||-1,48 %|
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