It was a rumor, but today the confirmation came: the next 25 November Raiffeisen will close four of its ten branches in the Three Valleys, Acquarossa, Giornico, Piotta and Pollegio. The other six locations - Airolo, Faido, Olivone, Malvaglia and Biasca Lodrino - instead remain open and enhanced by the banking group. The reorganization will not lead to job cuts.
Emissions from new cars, registered during 2015 in the EU, are lower than those of 2014 and less even than the target, according to preliminary data published by the European Environment Agency. Only Estonia and Latvia are still higher than average levels of emissions targets, while all other EU countries have already achieved it. The Netherlands, with an average of 101.2 g / km of CO2, reached the lowest level emissivity between EU countries. Manufacturers will have to further reduce CO2 emissions, to achieve the second objective set at 95 g / km by 2021.
The gross domestic product (GDP) of Switzerland registered an increase of 0.1% in the first quarter from the previous three months. On a year the increase was 0.7%, announced the Secretariat for Economic Affairs (SECO). GDP was supported by household spending, investment in plant and equipment and those in construction, while the state consumption was affected in a negative way. The costs of households have progressed the 0,7%. They have contributed to the growth sectors of health, housing and energy, while clothing and footwear continue to fall. State expenditure recorded a decrease of 0.8%. Investment in equipment marked a + 2.1%, + 1.1% as construction.
Switzerland has eleven companies among the top 100 with the highest turnover in the world in the luxury sector, including two in the top ten: in second place Richemont, with a turnover of 13.2 billion dollars (about 13 billion francs ), and Swatch in fifth (9.2 billion). The French giant LVMH is in first place in the ranking compiled by Deloitte, with 23.3 billion. Overall, the 100 largest companies in the sector worldwide generated sales of 222 billion in 2014, 3.6% more than last year.
The presidents and CEOs of the European Round Table of Industrialists, in a letter, urge the European Union raise in advance of the referendum on Brexit, scheduled for 23 June, which will decide on the permanence or otherwise of the United Kingdom to the EU. The 51 CEOs, therefore, line up for "no". While respecting the decision of the British public, "we believe that a Europe without the UK would be weaker, as it would be weaker the United Kingdom itself outside of Europe."
Nestlé today announced an agreement with the Franco-American company DBV Technologies for the development of a test to diagnose children with allergy to cow's milk proteins. DBV, with offices in Montrouge and New York, will receive from Nestlé up to 100 million euro on the arc of the different stages of research and new product registration, specifying the two companies said in a statement today. Allergy against the cow's milk concerns 2-3% of infants and young children. The process of approval of the new test should be started in 2021.
Volkswagen opens 2016 with an increase in operating profit and net profit decline: the German group closed the first quarter with an operating profit of 3.44 billion Euros against 3,228 in the same period of 2015 (+ 3.4%) despite a decline by the same percentage of revenues, decreased to 50.9 billion from 52.7. The decrease in revenues stems in part from the decline in sales (-1.2% to 2.577 million units) and in part by currency factors.
In Brazil, Petrobras scandal strikes again: yesterday evening, the Brazilian Minister of Transparency, Fabiano Silveira, resigned after an interception by leaked his critical investigation on the oil giant. It is the second part of the interim government to fall for Petrobras scandal. On 23 May, the Minister of Planning, Romero Juca, was dismissed by the government after an interception in which he argued that it would take a "pact" to force President Dilma Rousseff to step down to stop the investigations.
According to ISTAT, the unemployment rate in Italy in April moved up to 11.7% from 11.5% in March (revised from 11.4% of the original estimate). Also increasing the rate of youth unemployment by 0.2% to 36.9%, but there is also good news, and that concerns the number of employees, grew up in the month of 51,000 units, bringing the rate to 56.9% (+ 0.2%), the highest rate since April 2011. In detail, after + 0.3% in March, employment has improved by + 0.2%, marking an increase of 35,000 units between employees (all of them with permanent contracts) and 16,000 units of the self-employed. The growth relates to men and women of all age categories, with the exception of those between 35 and 49 years.
Switzerland becomes again in second place in the ranking of the most competitive countries compiled by the Institute for Management Development (IMD) in Lausanne. Last year she was ranked fourth, losing two positions, because of the strong franc. Hong Kong leads the ranking, displacing the first place, occupied the last three years by the United States, now dropped to third place. The US economic power is no longer enough to make her stand out in the ranking of the most competitive countries, as reported by the press today the institute.
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