The U.K. government approved the expansion of London City Airport, a project held up by former Mayor Boris Johnson, as new Chancellor of the Exchequer Philip Hammond said on Wednesday. The 344-million pound ($450 million) plan include an extended terminal, a new aircraft taxiway and upgraded public transport links, creating more than 2,000 jobs. It's estimated this will almost double the number of passengers to six million a year by 2023.
The "Ice Bucket Challenge" was a social media sensation in the summer of 2014, with people across the world dumping cold water on themselves to raise money and awareness for ALS - amyotrophic lateral sclerosis, which is also known as Lou Gehrig's disease. But in the last hours the famous initiative has been able to produce something even more concrete because, as reported from the ALS Association, one of the research projects funded through the initiative has resulted in a remarkable discovery in the fight against ALS: the scientists of Project MinE for gene sequencing have identified a new ALS gene, NEK1, which is now considered one of the most common genes that contribute to disease. This will provide scientists a new potential target for the development of therapies.
The Global Forum has evaluated positively in particular the introduction in Law Tax Administrative Assistance (LAAF) of a derogation to the notification procedure for taxpayers. The evaluation obtained from Switzerland corresponds to that assigned to other important financial centers such as Singapore, Hong Kong and Liechtenstein.
Hillary Clinton is officially the candidate of the Democrats in the upcoming US presidential election, as well as the first woman to run for the White House. She was nominated as a result of a vote of the delegates of the party, gathered at the convention in Philadelphia. Finished counting, she has passed the threshold of 2,383 preferences, needed to be chosen. For the final go-ahead, however, it was not until his Thursday night speech in which she will communicate to accept the nomination.
The climate of consumption is still improved in Switzerland in June, for the third consecutive month: the UBS index rose 1.34 points, compared with 1.24 points in May, the highest level since June 2015. According to UBS economists, the progression is mainly due to the favorable development of tourism and to a slight improvement in retail trade. The situation on the labor market remains tight, however, a factor affecting consumer confidence.
Twitter still does not convince the market and to experience insufficient growth. Reporting its second-quarter earnings, Twitter fell short of expectations with a $107 million net loss on $602 million in sales. At a 20% gain year-over-year, this is Twitter’s slowest quarter of revenue growth since it went public. Shares dropped by 10% in after-hours trading. The social network also continues to be unable to solve the problem of growth: Users do not increase in the US and are growing too little in the rest of the world. The only monthly users were 313 million, slightly above the consensus of 312.1 million.
According to Alfred de Zayas, TTIP, Tisa and Ceta, trade agreements under negotiation or coming to ratification are tainted by "without democratic legitimacy" negotiations and contain aspects that deny "the raison d'être" of the nation and the enterprise. The Cuban author, currently professor of international law at the School of Diplomacy and International Relations in Geneva (Switzerland), also holds the positions of the Independent Expert for the promotion of fair and democratic international order of the United Nations.
While Apple's quarterly results are expected today, good news comes from the well-known iPhone sales, which give hope of really positive numbers. According to the US press, the Cupertino company would have sold in recent days billionth iPhone, major symbolic milestone for a company that has always amazed and who initiated this titanic 10 years ago with its founder and inspirational Steve Jobs.
Kremlin spokesman, Dmitri Peskov, confirmed that Russian President Vladimir Putin will meet with turkish President Erdogan in St. Petersburg on August 9, as the Russian news agency Tass reported. This is the first meeting between the two after that relations between Moscow and Ankara have been improving following the sending to Putin by Erdogan a letter of apology for the killing in November of a Russian military jet on the border between Syria and Turkey by Turkish fighter.
Switzerland will benefit from Brexit: Boris Collardi, CEO of Zurich-based banking group Julius Baer is fully convinced. "I'm virtually certain that Switzerland will take advantage of Brexit" Collardi said in an interview published today by Le Temps. "In terms of capital flows, persons domiciled in the United Kingdom or who have decided to use the British platform as a point of reference questions will arise about their future status of resident and the willingness of the authorities to loom as an attractive place for business. They may decide to resort to Switzerland not to put all your eggs in one basket. "
Regulierung – seit der Finanzkrise prägt der Ruf nach mehr Kontrolle das Banking: Wegen regulator
Die Fonds-Konferenz der SKSF ist eine wichtige, branchenspezifische Plattform für Wissens- und Erfa
2 evenings to find out about the latest from the digital industry & 2 days to find ideas and to crea
ICDA will return this year to its alpine home for the 38th Bürgenstock Meeting.
The objective of the Conference is to bring together all the diverse stakeholdersinterested in a pol
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