News

20.06.2016

Microsoft is betting on legal marijuana business

Microsoft has officially announced its partnership with Kind, a US start-up, to launch, on the market, software that keeps track of the marijuana plants from seed to sale within the legal market. "We believe that in the area there will be significant growth. With industry regulations, there will be more transactions and we believe there will be more sophisticated requirements and tools ", to be respected and to develop, Kimberly Nelson says, responsible for solutions to the state governments and local Microsoft.

 
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17.06.2016

GBP/USD attempts to negate weekly losses

Pair's Outlook  The Cable managed to erase intraday losses and trade flat on Thursday, amid two main opposing referendum groups suspending their campaigns. The main support area, represented by the Bollinger band, the monthly S2 and the weekly S1 was confirmed once more, suggesting that a drop below the 1.41 level is doubtful, at least for now. However, technical indicators insist the GBP/USD pair is to continue weakening today. With no solid fundamental impetus present, the Sterling has the potential to erase this week's losses completely, but only if the immediate resistance in face of the monthly S1 at 1.4288 gives in. 

 
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17.06.2016

Wind Power, marriage between Gamesa and Siemens: global giant is born

Spain's Gamesa and Germany's Siemens announced the merger of their respective wind energy business to create the leading builder of wind farms in the world. Gamesa said it has reached an agreement in principle but the final details have to be approved. It is not clear whether the German company will opt for the sale of its division. Siemens and Gamesa are respectively the fourth and the seventh in the world manufacturer of wind turbines and, together, would account for 12.6% of the global market, becoming the second company in the industry world after Vestas, which is 13.2%, unseating Chinese Goldwind.

 
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17.06.2016

Miller CEO Gazprom: Nord Stream 2 regularly carry

Nord Stream 2 "project is progressing on schedule and the auction process is ongoing." This was underlined by the number one of Gazprom, Alexei Miller, at the St. Petersburg International Economic Forum. "Some games for the sea section has already been completed. Everything is going as planned - he added - we will start laying the pipes at the beginning of 2018. There are no doubt: 55 billion cubic meters of gas will arrive in Germany."

 
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17.06.2016

Lagarde gets tough in the debate Brexit

Brexit hot topic, even more after the killing of Jo Cox in Leeds and the director of the IMF Christine Lagarde, during a speech in Vienna, made an appeal to the British people to vote against the Brexit. In a speech entitled "Unity in Diversity: A European Support", Lagarde said that "EU membership has made the UK's richest economy." "As in all countries, there are people who are in difficulty in this new environment, but for the majority of citizens has been a great success story," she added.

 
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17.06.2016

Recession on the horizon in case of Brexit

The killing of the British MEP Jo Cox anti-Brexit froze the election campaign, at least for a day. But the IMF has launched a new alarm about the dangers caused by the possible exit of Britain from the European Union, stating that there would be a recession early as next year, with GDP in 2017 under the adverse scenario is expected at -0.8% and they would return to grow, deficit, debt and unemployment. Note that the baseline scenario foresaw a growth of 2.2% and the base case of intermediate impact + 1.4%

 
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17.06.2016

Revlon Buys Elizabeth Arden for $870 Million

Marriage in the beauty products industry: Revlon buys Elizabeth Arden for 870 million dollars, in an all-cash transaction. Revlon will pay $ 14 for each share of Elizabeth Arden, offering a 50% premium over the closing price of $ 9.31 per share of Elizabeth Arden. A big company is born in the beauty industry, which has already obtained the approval of the boards of both companies.

 
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17.06.2016

ECB, the new 50 euro note will be presented on 5th July

The introduction of the new 50-euro banknote will be shortly. The European Central Bank (ECB) and the national central banks (NCBs) of the euro area, which together form the Eurosystem, will present the bill in the series "Europa" on 5th July while its entry into service is scheduled for spring of 2017. "The Eurosystem and its industry partners have launched a timely preparations for the introduction of the new banknote of 50 Euros, to ensure that companies are ready and the public can use the new notes everywhere and without any problems from the day of putting them into circulation, "said Ton Roos, head of the Directorate Banknotes ECB.Among the banknote denominations in the euro from 50 euro is the most widely used. Over 8 billion euro banknotes, or about 45% of the currently outstanding, belong to this denomination.

 
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16.06.2016

MP deputy killed after attack on Leeds: Brexit campaigns are suspended

The Labour MP Jo Cox, attacked today in Birstall, near Leeds, has died, the police said. The woman, according to the BBC, was wounded with a knife and also of gunfire. He was in his constituency for the usual meeting with voters. The assailant was identified. His name is Tommy Mair, for allegedly assaulting her, as reported by local investigative sources quoted by the media. Also according to sources, the man is 52 years old and is originally from Batley, Yorkshire, not far from the place where the ambush took place.

 
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16.06.2016

Starbucks like a bank: the boom of prepaid card

Starbucks, the US chain of coffee shops, is actually a bank. Customers have indeed deposited $ 1.2 billion charged in prepaid cards of the company in the first quarter of 2016,  much higher figure than kept in warehouses of many US banks. According to data from S & P Global Market Intelligence, for several years Starbucks has its prepaid cards with which you can buy at discounted prices and acquiring vouchers, coffee, pastries and salads in the chain shops without using cash. It is an alternative payment system to the credit card that could replace by 2020 a third of the bank cards. It is also a very effective customer retention system considered by marketing experts. And the American giant can count on 12 million "faithful" which sells millions of gift cards on the eve of Christmas.

 
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  • 30
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    The 2017 symposium, with the theme "Successfully crossing borders", will have a strong focus on the

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