Switzerland is ranked sixth globally in terms of satisfaction of employees about their workplace. More than 78% of respondents reported to be satisfied, even a lot, while only 8% are dissatisfied; the remaining 14% does not take sides. A position shared by the Netherlands, Spain and the United States, according to the ranking published by Randstad, a company specialized in brokerage personnel, standings led by India (84%), Mexico (83%), Austria (81%), Denmark (81 %) and Norway (81%) and sees that on the bottom of China (57%) and Japan (40%). The employees' first seeking employment that offers them prospects, an atmosphere of pleasant work, a fair wage as well as good social benefits and job security in the long term ", noted in a statement issued today Nathalie Zihlmann, director of human resources Randstad Switzerland, a company specialized in personal banking.
The sentence to five years' imprisonment imposed in November by the Federal Criminal Court (TPF) to Hervé Falciani is final. Former IT bank Franco-Italian HSBC could file an appeal against the judgment of Bellinzona judges who convicted of economic espionage, but did not do so, as indicated by the Federal Court (TF). The TPF had acquitted Falciani - that was not presented at trial - from other charges, such as breach of commercial confidentiality. Falciani had copied, from 2006 to 2008, bank details of the Geneva branch of HSBC and had later, from 2008 to 2014, made them accessible to different private companies and public bodies in different countries.
The Russian company Open Mobile Platform is developing an alternative operating system to Android and iOS, which are currently installed in 90% of the smartphones of the Russian population. In this way Putin intends to break the duopoly of Apple and Google and protect information about their citizens. The Russian company, founded only a month ago, would be at work in the creation of an operating system based on Linux and derived from Sailfish OS, designed for large enterprises and for those who care about the privacy and security. Initially this OS should only be made available in the Russian language to meet the local demand and regulatory requirements, and then try to expand into the rest of the world.
The scandal over the falsification test for anti-smog emissions in Japan has led to the resignation of the president of Mitsubishi Motors. A statement from the Nissan announced that Tetsuro Aikawa will leave the company with effect from June 24, for "the problems caused to customers and shareholders." The scandal had prompted the earlier group to accept entry-saving in its capital of Nissan countryman, who will become the largest shareholder.
A pink diamond cut in the shape of pear, the largest of its kind ever sold at auction, was sold yesterday at Sotheby's in Geneva to 27.3 million francs, rising to 30.8 with the associated costs. The price is relatively low compared to the fork provided by the auction house, which ranged from 28 to 38 million dollars. The buyer was not disclosed. The 15.38 carat stone, called "Unique Pink", was found in a South African mine. Remains undefeated so the record set by "Graff Pink" in 2011 with 46.2 million dollars, while the total for a diamond is 48.5 million, amount paid earlier this year by Hong Kong billionaire Joseph Lau for " Blue Moon ", presented to the 7 year old daughter Josephine.
The S&P Index is hovering around 2,060 with EPS presently at $86.53 and P/E at 23.85 or 22.1 depending on the source one likes. The prices for equities can be considered rather high if compared with median values of P/E around 14. US Q1 reported earnings certainly do not justify such high current prices. Share repurchase programmes should have increased EPS as many companies have acquired debt to shore up their stock prices, thereby enriching executives.
Slowdown in prices in the UK and still miles away from the 2% target set by the Bank of England. After signs of recovery offered from the end of 2015, inflation slowed sharply in April, registering the first negative figure since last September. According to the Office for National Statistics (ONS), consumer prices recorded in April increased by 0.3% year on year, down from + 0.5% in March, being below the expectations of analysts who were for a + 0.5%.
UBS announced a cooperation with the US SigFig, independent California company that offers technologies for asset management (so-called "robo-advisor", sort of virtual financial advisor). The two companies will jointly develop technologies for the financial sector UBS Wealth Management Americas (WMA), its consultants and their customers, it said in a statement released yesterday by UBS in the US. As part of this alliance, the bank also made a capital investment in SigFig, without spreading details.
Vodafone records the first growth since 2008, on a comparable basis, revenues and earnings for the year core, supported by an increase in revenues in Europe in the fourth quarter. In particular, the British telecommunications group posted a net loss of 3.8 billion pounds, compared to 5.86 billion for the year to 31 March 2015. Revenues are down 3% to 40.97 billion but showed an increase in organic growth of 2.3%.
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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.
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