News

31.08.2016

Volkswagen is looking for agreement with US authorities

Volkswagen could reach a final agreement with the US authorities by October, "or at least the beginning of November." This was reported by Bloomberg, citing Dietmar Voggenreiter, head of sales and marketing of the Audi brand, interviewed by Reuters in Hong Kong. The comparison between the automaker and US authorities are making "very well," said the manager, predicting the reaching of final agreement in the autumn.

 
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31.08.2016

Draghi: it's uncertain the timeline for Greek Bond in QE

The moment in which the securities issued or guaranteed by Greece will be included in the plan of the ECB purchases, ie Qe, are not yet certain. This is the content of the written response from the President of the institute, Mario Draghi, to request the Greek MEP Dimitrios Papadimoulis.

 
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31.08.2016

US - Cuba: first commercial flight after over 50 years

Commercial flights between Cuba and the United States, interrupted in the sixties, will resume today. "The resumption of regular flights is a positive step and a contribution to the process of improving relations between the two countries," said the Cuban Vice Minister of Transport, Eduardo Rodriguez. The first direct flight, operated by the US airline JetBlue, will take off from Fort Lauderdale, Florida, headed the Cuban city of Santa Clara.

 
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31.08.2016

Apple tax: UK and Turkey ready to welcome Cupertino

The day after the sentence with which the EU has fined Apple for 13 billion euro for unpaid taxes, the first proposals came from other countries. The risk, according to Cupertino, is that the decision "will have profound consequences on investment and on jobs in Europe.  "Apple should move to Turkey," , Mehmet Simsek, deputy MP  wrote on Twitter. "Happy to provide more generous tax incentives. Won't have to deal with EU bureaucracy."   In UK, The Prime Minister’s official spokesman said “The narrative of the Government has been well set out. Britain is open for business,

 
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31.08.2016

Unicredit to point the capital increase

The new CEO of Unicredit, Jean Pierre Mustier, has clear ideas on how to manage the first phase of work, in particular the capital increase that the bank is called upon to put in. As reported by the newspaper La Repubblica, Mustier aims to lighten the capital increase through a sales program. In recent weeks, rumors of a possible sale of the stake held in the Polish Bank Pekao had already emerged. Then rumors related to the sale of FinecoBank, not to mention those on possible also movements of Pioneer.

 
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30.08.2016

Barclays sells italian retail banking to Mediobanca

Barclays completed the sale of the Italian retail branches to CheBanca !, controlled by Mediobanca. With this, CheBanca! double in size and exceeds the 20 billion in total deposits, taking a further step in the development process and in strengthening the asset management of the Italian families; thanks to the acquisition, it's realized significant increase in the number of customers (+ 38% to 800 thousand), assets under management (+ 74% to € 6.8 billion), direct deposits (+ 27% to € 13.6 billion) and mortgage loans (+ 50% to € 7.5 billion).

 
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30.08.2016

EU: Irish taxes were state aid for Apple, €13bn fine for Cupertino

The EU Commission has imposed  €13bn ( $14.5 billion) fine to Apple for back taxes owed to Ireland, enjoying therefore indirect state aid from Dublin. In spite of a tax imposed on the companies by 12.5%, according to Brussels reconstruction, Apple has managed to tick a levy of 1% on European profits in 2003 and then declined even to 0.005% at the end of the period under investigation, ie 2014. So far, the highest fine imposed by the EU was 1.4 billion to the French energy giant EDF.

 
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30.08.2016

Swisscom vs Sunrise

Long regarded as the jewel in the crown of Swiss telecoms, Swisscom is under pressure from growing competition and a saturated market. Swisscom shares have fallen by more than 20% since the peak of 2014 and by 7% since the beginning of the year compared to its direct competitor Sunrise, up 16% in 2016. The “blue giant” has certainly reached a size which reduces its potential for growth, but its revenues are stable, and its dividend of almost 5% makes it an attractive investment.

 
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30.08.2016

Japan's household spending fall in July along with jobless rate hitting 2-decade low

Japanese household spending continued to decline in July as the strongest labor market in at least two decades failed to boost wage growth significantly. Household spending fell 0.5% year-on-year in July, according to Japan's Statistics Bureau, the fifth-consecutive decline and the 21st month out of the last 24 that spending has fallen. Analysts had expected spending to fall 1.3% in July.

 
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30.08.2016

Merkel assures: TTIP will be signed

The free trade agreement between the United States and the European Union "has not failed", and precisely could get the classic twist. The next day the words of Vice cancellerier German Gabriel, who had announced the failure of TTIP, Brussels wanted to deny. "The European Commission has made steady progress in the current negotiations on the TTIP," said European Commission spokesman, Margaritis Schinas, recalling that "the Commission has received unanimous negotiation mandate of the Member States to negotiate this agreement."

 
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Events


Semptember 2015
  • 23
    Aug

    Regulierung – seit der Finanzkrise prägt der Ruf nach mehr Kontrolle das Banking: Wegen regulator

  • 24
    Aug

    Die Fonds-Konferenz der SKSF ist eine wichtige, branchenspezifische Plattform für Wissens- und Erfa

  • 02
    Sep

    2 evenings to find out about the latest from the digital industry & 2 days to find ideas and to crea

  • 11
    Sep

    ICDA will return this year to its alpine home for the 38th Bürgenstock Meeting.

  • 12
    Sep

    The objective of the Conference is to bring together all the diverse stakeholdersinterested in a pol

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