News

31.05.2016

Australia is auctioning maxi amount of Bitcoins

Australia has put on sale about $ 13 million in Bitcoin, confiscated by the Australian authorities. It is 25,000 pieces (24,518) seized from a drug dealer, who was arrested in 2014. The virtual currency amount will be divided into 11 lots from 2,000 coins and a lot of 2,518. The transaction, announced from the house of Ernst & Young auction will be held June 20 and occurs while the value of Bitcoin has recorded strong appreciation in recent months. The auction of June following the one conducted by the US Marshals Service, last year, which put on sale the Bitcoin confiscated Ross Ulbricht, who was arrested in 2013 for money laundering. The man would use the Bitcoin to create an empire from drug sales.

 
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30.05.2016

Zurich second in Europe for happiness of workers

Zurich is the second city in Europe for percentage of residents happy of his employment, to make known is a study of the European Commission. Ranked the largest city in Switzerland exceeds metropolis likes of London (27th place), Paris (8th), Copenhagen (5th), with a lunsinghiero 83% of the population declares itself happy. Only 11% responded negatively to the survey, but in this case seems to be the cost of living, considered high, affect judgment.

 
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30.05.2016

Sweden immune to global crisis: positive barometer

Sweden seems immune to the global slowdown. In the first quarter of 2016, Sweden's GDP has recorded a + 0.5% MoM, + 4.2% compared to the same period last year, despite being slightly below analysts' estimates. According to the KOF indicator. The Scandinavian country sees a rosy future. The index, which serves as the economic barometer for the Alpine economy, rose in May to 102.9 points from 120.6 points in April, as measured by the Economic Institute. This is the highest level since May 2015. "Since February, the barometer is steady above their long-term average. This indicates a continuing positive development of the Swiss economy in the coming months," the statistics office said in a statement.

 
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30.05.2016

EU Parliament votes more control over virtual currency

The European Commission could create a task force to regulate virtual currencies like Bitcoin in order to avert the use in money laundering or terrorist financing. Parliament's proposal was approved Thursday, May 26, in a non-binding resolution with 542 votes in favor, 51 against and 11 abstentions. It will now be sent to the European Commission, which must examine it. From the outset, it must be said, the resolution proposes a variety of inefficiency risks or negative balance of the measure.

 
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30.05.2016

KOF Barometer: Swiss economy continues to have a favorable outlook

The outlook for the Swiss economy improved slightly in May: the barometer of the economic research center at ETH Zurich (KOF) stood at 102.9 points, 0.3 points more than in April (revised indicator from 102,7 to 102.6). The figure is in line with forecasts: the analysts interrogated by the agency AWP betting on an index of 102.0 and 103.0 points. Since last February, the barometer is moving steadily above the long-term average: this suggests a continuation of the positive economic development in the coming months, the KOF said in a statement today.

 
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30.05.2016

Behring to trial after 12 years at the TPF

Dieter Behring's trial begins today, Monday,  to the Federal Criminal Court in Bellinzona, and will last until the end of June. The financier Basel is accused of fraud for scam to trade and money laundering; defined the Swiss Madoff, he had damaged 2,000 investors between September 1998 and October 2004, promising to invest safely halt the capital that relied more speculative areas and the other half, to get more returns high. He ended up leaving a chasm of 800 million francs, because in reality the money of new clients was used to repay the previous ones and to fund his lavish lifestyle (up to 600,000 francs autoconcesso salary, watches and jewelery).

 
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30.05.2016

Martin Senn, Former Zurich Insurance CEO, Dies at 59

Martin Senn, 59-year-old and former CEO of Zurich Insurance, has committed suicide. This was announced by the same insurance company in a statement today. "The Martin Senn family informed us that Martin committed suicide last Friday," the company said in a statement. The news of suicide was also reported by the Swiss newspaper Blick, citing sources close to the family. Senn had left, after 6 years, the Zurich Insurance driving last December 1, after the failed attempt of a takeover of the British company RSA.

 
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30.05.2016

Bayer: ready new maxi offer for Monsanto

Bayer is ready to re-launch the tender offer for Monsanto, putting on the table up to 66 billion dollars. The German giant is working on an upward revision of the offer for the American society, after the first rejection. The Bayer commitment on several fronts: in addition to outlining the new offer, the German big works with banks to develop financing for major acquisition in its history. Among the assumptions in the study there is a bridge loan of 40 billion dollars.

 
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30.05.2016

Daimler first in Europe for 2015 Ebit , Roche third

In 2015 the German automotive group Daimler was ranked first among companies in Europe with the best operating results (EBIT), at EUR 13.2 billion (14.6 billion francs). Roche is in third place, followed by Nestlé. Novartis is eighth. The silver medal goes to the Belgian-Brazilian group AB Inbev, with 12.8 billion euro. The swiss pharmaceutical giant full the podium with 12.7 billion. EBIT of Nestlé reached 11.4 billion euro, while the Novartis 8.3 billion. The turnover of large European companies fell by 4% between 2014 and 2015, while profits were 14% contracted.

 
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27.05.2016

Ticino: after BSI another bank under investigation

The money laundering scandal widens again. Tuesday, during a press conference at which the Federal Financial Market Supervisory Authority announced it had ordered the dissolution within 12 months of the BSI, the director Mark Branson spoke of "six other Swiss banks are under investigation for their role in the corruption scandal Petrobras and the Malaysian fund 1MDB ".

 
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