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31.05.2016

Luxury: 11 Swiss companies in the top 100

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.

 
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31.05.2016

Brexit, European industrial warn: "Europe without the UK would be weaker"

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."

 
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31.05.2016

Nestlé - DBV agreement for tests on allergies to cow's milk

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.

 
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31.05.2016

Volkswagen, profit down 20% for China effect

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.

 
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31.05.2016

Scandal Petrobras produces another

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.

 
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31.05.2016

Unemployment in Italy returns to growth: now 11.7%

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.

 
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31.05.2016

Switzerland ranks second in the world for competitiveness

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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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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