Nestlé published its results today. No major information came out of it. The results were better than expected, with an organic growth as high as 3.9%, above what analysts were expecting (3.6%) and a Revenue Internal Growth (3%) (i.e. a sales growth adjusted for takeovers, disinvestments, price fluctuations and currency) was also higher than the consensus (2.5%).
Ahead of the June referendum on Brexit, for and against Britain staying in the EU they are neck and neck, respectively, with 39% of the vote, while the undecided represent 17% and those who will abstain 5 %. And 'what emerges from a survey conducted by' YouGov 'and published by the' Times' from which it also appears that confidence in the British Prime Minister David Cameron has dropped eight percentage points. The survey was conducted questioning 1,693 people between 11 and 12 April.
Panamanian authorities seized scores of digital files after a 27-hour raid on the offices of Mossack Fonseca, but officials said that no one was arrested. The government said it was seeking evidence of any illegal activities at the firm.
he EU finance ministers will discuss in the summit next week five different options to reduce the exposure of banks to sovereign debt. According to Reuters from official EU sources, noting that on the table there will be cases such as the imposition of ceilings or financial disincentives to the holding of government bonds, currently considered as risk-free asset and therefore exempt from such imposed limits on debt of companies or families. One option is to limit the exposure of banks to a single sovereign issuer, said one of the sources. Another is to introduce a weighting nothing for the risk on the sovereign, but also on the table the proposal to impose a combination of the two elements.
Australia's unemployment rate unexpectedly declined to the lowest level in two-and-a-half years in March, reflecting an improvement in business confidence and signalling the Reserve Bank of Australia is unlikely to ease policy in the near-term. The jobless rate dropped to 5.7% in March, according to the Australian Bureau of Statistics. A net 26,100 jobs were added to the economy in March, the biggest increase in 2016 and stronger than economists' forecast of 18,000. The stronger labour market also further evidence that record-low interest rates are boosting a revival in industries like construction, tourism and education as a resource boom winds down.
Good news for China, with exports have returned to register positive sign after a really dark period that lasted eight months. According to the Bureau of the Chinese Customs, the General Administration of Customs, exports in the month of March grew by 11.5% after the 25.4% recorded in February. Beats market expectations which were for a rise of 9%. Down instead of imports, fell by 7.6% after -13.8% in February (-10.4% consensus). China recorded a trade surplus thus of 29.86 billion dollars, from $ 32.6 billion the previous month and by 35 billion mentioned by analysts.
They could come as early as next week in parliament two bills, one on the much-discussed reform on pensions and the other on the income tax, as called for by the creditors ( European Union , International Monetary Fund , European Central Bank , the European Stability Mechanism ). Question of unpopular measures which it was feared could be applied in Greece and resulting in clashes and turned strong controversy in recent months . After announcing the postponement until after the spring meeting of the International Monetary Fund ( IMF), the negotiations with international creditors on the revision of the bailout , the Greek Finance Minister , Euclid Tsakalotos states that the agreement is close.
George Soros, in an interview reported by CNBC, warned that the EU is in a state of high danger of collapse if not extraordinary, and appropriate measures will be taken, especially with regard to the refugee crisis. Soros has vigorously raised the humanitarian issue that is proving to be a real catastrophe, particularly in Greece. "Asylum seekers are desperate" And he added that "EU leaders should understand that the ultimate solution to this crisis is necessarily to find a large sum dicapitali be invested exclusively on the project, rather than breakdown and invest sufficient sums year after year."
Italy is the Iran’s first European partner, said President Hassan Rohani who received the Italian Prime Minister Matteo Renzi. A position that Italy will win because he has put on the table a chip very heavy 8.8 billion euro credit lines. Among those signed by Rohani during his visit to Italy in January , and yesterday in Teheran there are 36 contracts , including an agreement for over 3.5 billion euro on high speed between the Italian Railways ( FS ) and the Iranian ones , even this operation guaranteed by the Cassa Depositi e prestiti and Sace .
Russia and Saudi Arabia have reached a consensus on the plan to freeze the oil production , even leaving aside the Iran Participation. This was stated by Russian news agency Interfax, which cited diplomatic sources , according to which there would new talks between the two countries in view of the Doha summit, the Sunday program. The item has not found other confirmations. But the oil market - already oriented upward - gave her credit , by flying the barrel prices to almost five months maximum : Brent has gone up to $ 44.81 , WTI at $ 42.25 , surpassing in both cases an important technical resistance , represented by the moving average of the last 200 days. The two references ended the session up by more than 4% , despite the International Monetary Fund has again reduced its forecast on global growth , from + 3.4% to + 3.2%.
The caspian week conference is a meeting point of visionaries, market leaders and experts with the f
The climate transition creates opportunities and risks, and financial institutions and corporations
Seit über 30 Jahren ist die ZfU International Business School Gastgeber für die angesehensten Inve
Over 150 Fintechs CEOs from all over the world will be in both panels & interviews and on this stage
From 2018 onwards, Switzerland’s financial fair will only be open to professional investors. This
Updates and news from MarketPlus