Martin Senn, 59-year-old and former CEO of Zurich Insurance, has committed suicide. This was announced by the same insurance company in a statement today. "The Martin Senn family informed us that Martin committed suicide last Friday," the company said in a statement. The news of suicide was also reported by the Swiss newspaper Blick, citing sources close to the family. Senn had left, after 6 years, the Zurich Insurance driving last December 1, after the failed attempt of a takeover of the British company RSA.
Bayer is ready to re-launch the tender offer for Monsanto, putting on the table up to 66 billion dollars. The German giant is working on an upward revision of the offer for the American society, after the first rejection. The Bayer commitment on several fronts: in addition to outlining the new offer, the German big works with banks to develop financing for major acquisition in its history. Among the assumptions in the study there is a bridge loan of 40 billion dollars.
In 2015 the German automotive group Daimler was ranked first among companies in Europe with the best operating results (EBIT), at EUR 13.2 billion (14.6 billion francs). Roche is in third place, followed by Nestlé. Novartis is eighth. The silver medal goes to the Belgian-Brazilian group AB Inbev, with 12.8 billion euro. The swiss pharmaceutical giant full the podium with 12.7 billion. EBIT of Nestlé reached 11.4 billion euro, while the Novartis 8.3 billion. The turnover of large European companies fell by 4% between 2014 and 2015, while profits were 14% contracted.
The money laundering scandal widens again. Tuesday, during a press conference at which the Federal Financial Market Supervisory Authority announced it had ordered the dissolution within 12 months of the BSI, the director Mark Branson spoke of "six other Swiss banks are under investigation for their role in the corruption scandal Petrobras and the Malaysian fund 1MDB ".
A possible output of the UK from the European Union would be "a serious risk to the" global economic growth. The theme of Brexit also enters in the conclusions of the G7 Japan. In the final declaration signed by the seven leaders (including the British David Cameron) it is observed that "the global recovery continues, but growth remains moderate and uneven", and since the last meeting, "the downside risks to the global outlook have increased ".
FCA announced that Chrysler will recall voluntarily about 4.3 million vehicles produced in past years, between 2004 and 205, to replace the passenger airbag. FCA said in a statement that the recall comes after the notification of defects by the supplier Takata, who alerted the National Highway Traffic Safety Administration (American authority of transport safety supervision). The "prolonged exposure to high levels of humidity and high temperatures may cause deterioration, which could result in failure or malfunction of the airbag". FCA for his part says that it is not "aware of any incident that would involve vehicles subject to the recall campaign".
The results, though provisional (definitive ones are expected in early June) released Friday by the Federal Statistical seem to show an improvement in employment in Switzerland. The number of employed grew by 0.6% in the first quarter, making the comparison with the same period of 2015, but it is a tendency of uneven, as evidenced by the secondary sector down 1.6% while the tertiary sector It recorded + 1.3%.
Rental house's market is down slightly: in the winter semester from October to March, the Swiss web platforms have been proposed 123.563 apartments, - 6% compared to the previous six months. Further evidence of the market cooling is the increase in the average period during which an advertisement is active, increased from 27 to 29 days. The index shows that research is mostly aimed at local apartments of 1-2 and a high rent increases are the days when the post is online. This was revealed by the OWI index published by the Svit, the Swiss economy estate association. Only two of the twelve cities under consideration - Neuchâtel and St. Gallen - showed a contraction of the times when ads are on the sites. The biggest rises were seen in Sion, Chur and Lugano.
After years in court the story of infringement of Java copyrights, opposing Google and Oracle, closed. Indeed, the latter accusing the search engine of violating its copyright in the Android operating system used in smartphones. The Federal Court of San Francisco has instead ruled in favor of Google, exonerated from the charge, after the testimony of former CEO Eric Schmidt, who managed to convince the absolute correctness of the Mountain View giant judges.
The BSI scandal, which will see the closure of the oldest bank of Ticino, has created concern about the possible loss of jobs. Yesterday, the new CEO Roberto Isolani met, together with the Vice-President of the Board Eugenio Brianti, at Town Hall the Mayor of Lugano Marco Borradori. "FINMA's decision will not lead to a drastic cut in jobs or a customer run," Isolani said. On the other hand, the Mayor has not shown so optimistic "To know whether or not there will a customer escape with cuts of personnel we'll have to wait for the next few days", Borradori noticed.
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
Updates and news from MarketPlus
|SMI® PR||8920.80||0,52 %|
|LYXOR DAX INAV||115.813||-0,26 %|
|FTSE MIB Index||21744.72||-0,32 %|
|FTSE 100||7327.33||0,05 %|
|CAC 40||5102.39||-0,23 %|
|S&P 500||2425.55||-0,18 %|
|NASDAQ Composite||6216.5269||-0,09 %|
|HANG SENG INDEX||27154.68||0,39 %|
|Powered by Yahoo Finance|