The ban on cultivation of genetically modified organisms (GMO) in Switzerland, which expires at the end of 2017, will be extended for another four years, until 2021. Today the Parliament have approved, by 32 votes to two with two abstentions, the relevant revised federal law on genetic engineering. The research will continue to be possible. A motion to extend it until 2025 was rejected. The House of Representatives had previously agreed the extension to 2021. With 25 votes against 18, the senators, contrary to the wishes of the Federal Council, decided that in Switzerland there will be no co-existence of GM and traditional crops.
Global banking giant HSBC has disclosed being probed by tax authorities in India, the US, France and Belgium, including against its Swiss and Dubai units, for allegedly abetting tax evasion of four Indians and their families. Disclosing the "tax-related investigations" in its latest annual report published last week, HSBC further said it has set aside $ 773 million as a provision for various tax- and money laundering-related matters.
JPMorgan, Microsoft, Intel, Accenture PLC and a large consortium of major players in tech and banking, including Credit Suisse, UBS, Bank of New York Mellon and Thomson Reuters, have joined hands to establish the Enterprise Ethereum Alliance (EEA), a new group dedicated to developing Ethereum into an enterprise-grade Blockchain platform. The alliance connects Fortune 500 enterprises, startups, academics and technology suppliers with Ethereum subject matter experts to learn from and build upon Ethereum and to define standards for enterprise-grade implementations.
Swiss private consumption is set to grow robustly over the coming months as households' economic and financial expectations have improved considerably, results of a survey by the UBS bank showed Wednesday. The UBS consumption indicator rose from 1.38 to 1.43 points in January and continues to signal solid growth in private consumption. Swiss consumers view the economic and financial situation with considerably more optimism than in the last quarter. New car registrations and domestic tourism have, however, fallen compared with the previous January. Economists had forecast a score of 1.5.
After many months of rumors, YouTube has officially announced its entry into streaming live TV. YouTube TV will let you access live and recorded content from major networks, both the big broadcast players as well as some options typically found on cable. "Half the cost of cable with zero commitments" said the announcement. For $35 a month, YouTube TV will include live streaming of ABC, CBS, NBC, Fox, ESPN and about 30 of the biggest cable TV channels.
Some 28% of EU citizens who have applied for permanent residency in the U.K. since Brexit had their applications rejected or declared invalid, the Guardian reported Monday. In the last half of 2016, more than 12,800 EU citizens had their permanent residency requests rejected and a further 5,500 were declared invalid, analysis by the Liberal Democrats found. However, the Home Office said “applications can be rejected for a whole range of administrative reasons including where an application form has not being signed or failure to pay a fee.”
SpaceX founder and chief executive Elon Musk announced on Monday a mission to send a pair of regular people around the moon by the end of 2018. Two private citizens, not astronauts, will fly in the Dragon 2 spacecraft, which will be launched by a Falcon Heavy rocket. Both the Dragon 2 capsule and the Falcon Heavy are still under development, and the first Falcon Heavy launch is expected sometime this summer. The two private citizens, who have not yet been named, approached SpaceX about taking a trip around the moon, and have "already paid a significant deposit" for the cost of the mission, according to a statement from the company. The names of the two individuals will be announced later, pending the result of initial health tests to ensure their fitness for the mission, the statement said.
Criptovalute e Blockchain Possiamo ignorarle? Rischi e opportunità dietro al boom delle monete
Blockchain & Bitcoin Conference is a series of blockchain events held in Russia, Ukraine, Netherland
The Lead Quantitative & Asset Management Event in Europe
Das Swiss Funds & Asset Management Forum ist die national führende Konferenz der Fonds- und Asset M
Seize the opportunity to get up to date on the topics of secondary buyouts, the real estate bubble,
Updates and news from MarketPlus