In result of combination of technical factors and fundamental events, the currency pair made a turn around and broke though the bottom boundary of a previously dominant ascending channel. From technical point of view, the rate encountered a resistance level formed by the monthly R2 at 112.54 and the upper boundary of a long-term falling wedge.
Switzerland economy will fall short of 1 per cent growth this year, the government said on Thursday, the weakest performance in eight years at least partly the result of a lack of global sporting events. The State Secretariat for Economic Affairs (SECO) said it now expects economic growth of 0.9 percent in 2017, below its June forecast of 1.4 per cent.
The Alternative Investment Fund Managers Directive (AIFMD) was introduced in 2013. The aim of the Directive is to regulate the provision of fund management services by fund managers to alternative investment funds. As such, it also introduces rules on the marketing of AIFs in the European Union. Malta, being a member of the EU, has fully transposed and implemented the AIFMD which has formed part of Maltese law for over three years.
Hewlett Packard Enterprise plans to cut its workforce by 10%, according to a person familiar with the plans, the latest cost cuts as the business-technology giant combats increasing competition and higher component prices. “The cuts at the company, which has about 50,000 workers, are likely to affect workers in the U.S. and abroad, including managers,” Bloomberg reported, based on unnamed sources.
Only the fewest traders earn long-term money on the stock market. One of the reasons for this is the indiscriminate or incorrect setting of stops. But how much leeway should you give to a trade and when is it better to get out? There are many myths, some of which are misinterpreted and blindly believed. Traders who have long-term profitability, however, are working on a statistical basis, which we would like to present to you in the following.
The last Newsletter ended with a suggestion that US marines might soon be setting foot in Venezuela. The fact is that America has been spending a lot of money financing the opposition in this oil-rich country and has been fomenting regime change as a matter of course. The reason for this policy is not only hate for Hugo Chavez and his successor Maduro but rather the huge oil reserves that Venezuela has, which are the largest in the entire world.
Specialist renewable energy investor Quercus will invest over half a billion euros in a solar power project in Iran, with construction to start in the first half of 2018, the company’s chief executive told Reuters. The planned 600-megawatt (MW) plant, located in central Iran, will be the sixth largest globally, behind projects of up to 1.5 gigawatts (GW) in China and India. The work is expected to take three years, with the project coming online in 100 MW phases every six months, Quercus said of its first project outside Europe.
The Swiss luxury giant Richemont has opened a research and innovation center in Microcity, Switzerland’s well-known think tank and laboratory. The Richemont’s group research and innovation director, Edouard Mignon, said the partnership was intended to supplement the research and development teams of the brands, promote sharing among companies, “and serve as an innovation incubator for the group as a whole, to develop mechanical specialties and, for example, to imagine new materials.”
Swisscom is establishing a new blockchain unit to develop applications, including for possible solutions to enable off-exchange trading, the Swiss government-owned phone company said on Thursday. The Swiss company, according to new reports, has established "Swisscom Blockchain AG" to focus on a range of services around the tech. These include enterprise-facing solutions as well as support for companies looking to launch initial coin offerings (ICOs).
Logistics company Matternet has announced a permanent autonomous drone network in Switzerland that will now see lab samples like blood tests and other diagnostics flown between hospital facilities, clinics, and labs. The first delivery network will be operational from next month, with several more to be introduced later in the year. Matternet says medical items can be delivered to hospitals within 30 minutes.
Two years after two historic global agreements were established, leaders and other change agents in
Im September haben die Schweizer Stimmbürger die „Altersreform 2020“ des Bundesrates abgelehnt.
The 2017 symposium, with the theme "Successfully crossing borders", will have a strong focus on the
Dieser Event ist ausschliesslich für Pensionskassenvertreter (Stiftungsräte, CEOs, Anlageverantwor
Nach Jahren des geldpolitischen Experimentierens sind die Finanzmärkte so verzerrt wie selten zuvor
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