Online commerce will lead to being multilingual: in fact by 2020 the English, while remaining the main language of digital commerce, will see the bow share decrease 42-33%. Mandarin (basic idiom of Chinese), will increase its share from 8 to 12.8%. But also other idioms "emerging", as the countries in which they are spoken: the Spaniard (for South America) to Portuguese (for Brazil), from Russian into Nigeria. The "force" evolution companies to a further translation effort to achieve the same number of online consumers.
It is difficult to find new workers: it is the result of the survey conducted over 150 companies by the consulting firm Robert Walters. In Switzerland, for 68% of companies, it is hard to recruite new staff to fill vacancies. In particular, the big obstacle is, for more or less half of the employers, the poor knowledge of languages. Companies also complain about the shortcomings of the technical level qualifications (70%) and consider an "enemy" (36%) the strong request of increasing salary by expectant employees.
Deals for Yahoo, the last act. Today final bids for the Internet portal business, which include the search engine, email, advertising and the division of information, are expected. According to sources gathered by the "New York Times", the deadline for submission of bids is scheduled for Monday, while the short list will be examined shortly after the board of the American group that should communicate within short time time for its decisions.
After the failed coup, Turkey remains a central concern of economic observers. According to reports from Bloomberg, political instability would become a disaster for the country, which currently finances the majority of its expenditure and investment projects with foreign capital. The opinion of analysts is that the budget deficit will rise up to 4.5% of GDP.
The United Kingdom looks towards Australia to forge a new trade agreement, useful to overcome Brexit. The first Australian minister, Malcolm Turnbull, told the new British colleague, Theresa May, who would like to see the two countries enter into a free trade agreement as soon as possible, after the UK vote on the output from the EU, as also reported by office of the same May.
Concern in Biel, headquarters of the Swiss giant Swatch Group. The leadership team has expressed all its tension on the first half results for which foresees a possible profit decline of up to 60% and 12% of turnover. Europe and Hong Kong, the main markets for Swatch, have great difficulties on the sales so that, between January and the end of June, the decline of turnover by 12% and that's why the profit could fall by more than half. CEO, Nick Hayek, points out that, despite the difficulties, the employees will not be sacrificed. "Better to reduce the margins that cut staff" confirmed the boss of Swatch.
The European car market is still growing in June: registrations - according to ACEA data, the association of European manufacturers - were 1,507,303, 6.5% more than in the same month 2015. In the first half of year were delivered 8,090,870 cars, representing an increase of 9.1% on the same period last year. In May the figure had an increase of 16%.
Europe's war against Google goes on: Brussels launched his accusations against Alphabet, the parent company created after the start of the EU proceedings April 2015. The European antitrust strengthens the evidence to prove the abuse of a dominant position: the suspicion is that the web giant has limited possibilities to other sites to advertise its competitors.
EFG International announced yesterday its intention to detect the BSI bank's activities in Singapore through an accelerated sale of the assets. The transfer should be completed by November 2016, with the approval of the competent authorities, as indicated in a note. EFG and BTG Pactual, current BSI Brazilian owner, are going to get permits to finalize the Ticino institute detection by the Zurich-based asset manager. The transaction should be completed during the fourth quarter of this year.
Only a little more than half a year is remaining until implementation of PRIIPs and MiFID II, and th
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