News

23.09.2016

Gambling online: Spain's booming market

Spain moved virtually to Las Vegas, becoming the reference country in the European gambling. The second quarter 2016 data recorded a real boom. In the period April-June the Spanish played online games € 2.73 billion, representing an increase of 2.6% compared to the first quarter of the year and even an increase of 32.8% over the same reference period of 2015. Net sales amounted to 98.8 million euro, up 56.3% on the period April to June 2015. Active player numbers rose by 31.8 percent.

 
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23.09.2016

Marriott-Starwood merger: the largest hotels chain born

Marriott International has completed the $17 billion acquisition of the Starwood Hotels & Resorts Worldwide, thus creating the largest hotel group in the world, as the note of the company suggested. Starwood shareholders will receive $ 21 in cash and 0.80 share of Marriott class A common stock for each share of Starwood common stock. Marriott intends to take the necessary steps to ensure that the Starwood debt is matched by the debt of Marriott International by the end of 2016, in order to maintain the credit rating of investment grade.

 
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23.09.2016

Italian tax system: first step to rename Agency Revenue

Reform of the tax system in Italy: Equitalia, the agency that collects taxes, will be abolished by the end of year and will be replaced by Equientrate, in essence nothing will change, or better it will be seemingly a renaming. This will be an internal department of the Agency Revenue that will redeem not only the Agency but also claims of other public administrations.

 
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22.09.2016

US jobless claims fall to lowest level since July

Applications for unemployment benefits in the US fell again in the week endend 17 September. The US labor market confirms the solidity, keeping unemployment at the lowest level since 1973. Claims slide by 8.000 units to 252 000 from 260 thousand the previous week's unrevised. Analysts' forecasts were instead for a small increase to 262 thousand units. The streak below 300k estends to 81 consecutive weeks, the longest since 1970.

 
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22.09.2016

Real is Rare, Real is a Diamond

It was one of the more unforgettable memories of the 2016 Summer Olympic Games, and it had little to do with athletics. Immediately following the medals ceremony for the women’s 3-meter diving competition, Qin Xai, a member of China’s men’s diving squad, approached the silver medal winner, He Zi. Dropping to one knee, Qin popped open a box with a diamond ring inside, and before the astonished crowd and an audience of hundreds of millions, proposed marriage.

 
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22.09.2016

Juncker warns Italy about Stability Pact

The President of European Commission, Jean Claude Juncker, sends a strong and clear message to the Italian government: enough with the flexibility required because "in the Stability Pact, which must be an agreement of flexibility, have already introduced several elements of flexibility fighting against who you know "and without which elements"this year Italy could have spent 19 billion less".

 
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22.09.2016

Yahoo may confirm huge data breach

Yahoo could confirm in the coming days a data breach in the accounts of several hundred million users, as reported by Recode citing unnamed sources. The breach may affect over 200 million Yahoo accounts, including highly sensitive information such as names, passwords, birth dates or other email addresses. The confirmation would follow a Yahoo investigation into claims that surfaced in early August that a hacker with the name "Peace" was trying to sell data, as referred by USA Today.

 
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22.09.2016

Germany's 10-year-bund yields fell after FED decision

he German bunds rallied Thursday after the United States Federal Reserve left interest rates unchanged and downgraded the economic outlook, encouraging investors to seek safe-haven assets. At its two-day meeting, ended on Wednesday, the U.S. central bank held its target range on short-term rates unchanged at 0.25 percent to 0.50 percent, leaving the door open for a possible rate increase in December.

 
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22.09.2016

ECB expects Eurozone economic recovery to be gradually

The ECB ensures, in the monthly bulletin, that "Domestic demand remains supported by the pass-through of the monetary policy measures to the real economy". Although it provides for economic growth for next year, it will take place at a gradual pace. "Moderate global growth continued in the first half of 2016. Looking ahead, global growth is expected to recover gradually. Low interest rates, improving labour markets and growing confidence support the outlook for advanced economies, although the uncertainty generated by the referendum in the United Kingdom on EU membership will weigh on demand in that country.

 
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22.09.2016

SSB axes 1440 jobs over 2020

SBB will cut 1,400 jobs over the next four years: the same federal railways have made the announcement in the morning, motivating the measure with the need to reduce costs and increase competitiveness.

 
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Events


Semptember 2015
  • 24
    Oct

    Two years after two historic global agreements were established, leaders and other change agents in

  • 25
    Oct

    Im September haben die Schweizer Stimmbürger die „Altersreform 2020“ des Bundesrates abgelehnt.

  • 30
    Oct

    The 2017 symposium, with the theme "Successfully crossing borders", will have a strong focus on the

  • 31
    Oct

    Dieser Event ist ausschliesslich für Pensionskassenvertreter (Stiftungsräte, CEOs, Anlageverantwor

  • 01
    Nov

    Nach Jahren des geldpolitischen Experimentierens sind die Finanzmärkte so verzerrt wie selten zuvor

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