After the failed coup, Turkey remains a central concern of economic observers. According to reports from Bloomberg, political instability would become a disaster for the country, which currently finances the majority of its expenditure and investment projects with foreign capital. The opinion of analysts is that the budget deficit will rise up to 4.5% of GDP.
The United Kingdom looks towards Australia to forge a new trade agreement, useful to overcome Brexit. The first Australian minister, Malcolm Turnbull, told the new British colleague, Theresa May, who would like to see the two countries enter into a free trade agreement as soon as possible, after the UK vote on the output from the EU, as also reported by office of the same May.
Concern in Biel, headquarters of the Swiss giant Swatch Group. The leadership team has expressed all its tension on the first half results for which foresees a possible profit decline of up to 60% and 12% of turnover. Europe and Hong Kong, the main markets for Swatch, have great difficulties on the sales so that, between January and the end of June, the decline of turnover by 12% and that's why the profit could fall by more than half. CEO, Nick Hayek, points out that, despite the difficulties, the employees will not be sacrificed. "Better to reduce the margins that cut staff" confirmed the boss of Swatch.
The European car market is still growing in June: registrations - according to ACEA data, the association of European manufacturers - were 1,507,303, 6.5% more than in the same month 2015. In the first half of year were delivered 8,090,870 cars, representing an increase of 9.1% on the same period last year. In May the figure had an increase of 16%.
Europe's war against Google goes on: Brussels launched his accusations against Alphabet, the parent company created after the start of the EU proceedings April 2015. The European antitrust strengthens the evidence to prove the abuse of a dominant position: the suspicion is that the web giant has limited possibilities to other sites to advertise its competitors.
EFG International announced yesterday its intention to detect the BSI bank's activities in Singapore through an accelerated sale of the assets. The transfer should be completed by November 2016, with the approval of the competent authorities, as indicated in a note. EFG and BTG Pactual, current BSI Brazilian owner, are going to get permits to finalize the Ticino institute detection by the Zurich-based asset manager. The transaction should be completed during the fourth quarter of this year.
Terror and carnage in Nice, on the feast day of 14 July. Shortly before 22.30 on the promenade des Anglais, while people attended the celebrations of the French National Day, a truck plunged into the crowd at a speed of 80 km / h mowing people: when recording 84 deaths, including many children , and about 100 injured (54 children). The driver of the truck was a French-Tunisian of 31 years, then killed, and "it was only in the vehicle", and "if he had accomplices, was upstream," says a reporter for Le Figaro, explaining that the police are looking into the city video surveillance images to understand where exactly the bomber either party.
Accounts falling for JPMorgan Chase yet exceeds expectations. In the second quarter, the banking giant reported a net profit of $ 6.2 billion, $ 1.55 per share, compared with 6.29 million, $ 1.54 per share, for the same period last year. The expectations of analysts have been beaten: they expected profits to $ 1.43 per share. The turnover rose by 2.4% 24,380,000,000. The turnover rose to 25.21 billion from 24.16 billion expected by analysts.
The Governor of the Bank of England Marl Carney decided to displace the analysts who were already positioned on a rate cut and a return, even, of a Quantitative Easing in the UK market: the final and official decision is to keep rates unchanged to a record low of 0.5% with a large majority even within the board that ultimately voted almost compact (8 to 1 the outcome) to maintain, at least until August, the status quo. The result of the referendum is still too recent and especially unexpected, thus subject to strong emotion, to be able to afford to make decision
MGF Fall Edition is Presenting twelve High Growth companies both public and private i
"Investire nel mattone" è probabilmente una delle scelte meno rischiose. La casa è un bene rifugio
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
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