News

07.07.2016

Apple Pay lands in Switzerland

As announced in recent months by the Cupertino, today the Apple Pay service is officially available in Switzerland, as reported yesterday by the company as part of a presentation in Zurich. In the United States the payment method arrived in the autumn of 2014 and this year will also be launched in France, Spain and Hong Kong. The system works right now with cards, both credit and debit, linked to the Visa and Mastercard circuits, institutes Bonus Card, Cornercard and Swiss Bankers. Meanwhile, the ability to conveniently pay with your iPhone in contactless mode, in addition to the Apple Store, is extended to eight of the leading retailers in the country.

 
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07.07.2016

The Fed is not the Monopoly bank

In the opionion of Bill Gross, manager of the Janus Global Unconstrained Bond Fund of Janus Capital Group, who has not played by children at the famous board game might have difficulty in managing the US finances. In fact in his latest Investment Outlook titled "Just a Game" wanted to provoke the American financial world with a curious comparison: "If only the Fed governors and US presidents had played more Monopoly and taking less account of the historical models, probably the US economy and its future prospects would be best. "

 
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06.07.2016

London: Crisis real estate funds, the first signals of the collapse?

The stop to the repayments of the British Real Estate funds is spread in a domino effect that seems, at the moment, unstoppable. After Standard Life, it was the turn of Aviva and then, in the late afternoon of a difficult day for securities listed in the Real Estate, M & G headed by the Prudential Group. The threat now hangs over all the giants of the City investing in bricks and mortar. Commercial, for the moment at least.

 
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06.07.2016

Russia freezes public expenditure to 2019

Russia will run out the first of his two sovereign funds, the Reserve Fund, in the course of next year and then begin to tap into the National Welfare Fund to cover the deficit between revenue and expenditure in the state budget. The Ministry of Finance has in fact made it clear that public spending will be frozen at an altitude of 245 billion a year for three years in dollars, equivalent to a reduction of 20%, but not enough to stop the bleeding. "The committee approved the full freeze",  Alexei Ulyukayev declared to press agency Tass.

 
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06.07.2016

Switzerland among the leaders in technology

Switzerland is among the seven countries that emerge as the flagship reality of the fourth industrial revolution, which sees in the foreground as information and communication technologies (ICT). It says a report by the World Economic Forum (WEF). The 2016 edition of The Global Information Technology Report puts thr Helvetic country - along with Sweden, Israel, Singapore, the Netherlands and the United States - a world leader in generating economic impact of investments in ICT. Among emerging markets, Russia remains stable at 41 th place, China, advancing three positions, is located at 59 th place; leap forward for South Africa passing to 65th place while India recedes, surprisingly, at the 91 th place.

 
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06.07.2016

EIB credit rating, Standard & Poor's confirms the AAA

The EIB bonds remain very safe. Standard & Poor's affirmed its AAA rating on the European Investment Bank (EIB), with a stable outlook. After the vote in favor of the release of the UK from the European Union, the rating agency analysts consider it likely that London withdraw from EIB.

 
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06.07.2016

SNB: the shield for franc is topic

The Swiss National Bank (SNB) went on its biggest foreign-currency buying spree since January 2015 in the wake of Britain's vote to leave the European Union, data showed on Monday. The measure for domestic banks rose by 6.87 billion francs ($7.05 billion) to 430.3 billion, while the total amount jumped by 6.27 billion francs to 507.5 billion. "Brexit has triggered a big demand for safe havens like the franc, so the SNB has to keep acting," J. Safra Sarasin currency strategist Ursina Kubli said, as Reuters referred.

 
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06.07.2016

Mac and Mc belong to McDonald's in EU

McDonald's is the master of Mac and Mc suffixes: the decision that will surely set a precedent in the world of commerce, came after a legal battle waged by the American giant of fast-food. The EU Court ruled that "the reputation of McDonald's brand is used to prevent the registration, for food or drinks, the brands that combine the prefix 'Mac' or 'Mc' with the name of a product food or a drink ".

 
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06.07.2016

Reuters poll sees Bank of England waiting for cut rates

The Bank of England will probably wait until August before working to appease the effects of the British decision to leave the European Union and the pound will suffer again in a decisive manner. They are the results of two surveys conducted by Reuters after the central bank governor Mark Carney spoke to a real risk of a slowdown for the UK economy as a result of the earthquake and Brexit urged banks to continue giving credit .

 
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06.07.2016

The new 50 euro banknote: safer, innovative, against counterfeiting

The new € 50 banknote will enter into service in April 2017, issued by the European Central Bank (ECB) in Frankfurt. After the banknotes of 5, 10 and 20 euro, the 50 is the fourth cut of the second series of euro banknotes, known as "Europe." Among the banknotes, it is the most widely used and represents 45% of all banknotes in circulation, as reported by the note of the ECB. For this reason the new banknote has "highly advanced safety features" to avoid being spoofed.

 
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