Switzerland has the highest gun ownership rates per capita among its neighbors and other Western countries, but mass shootings are rare, local media reported Thursday. This was highlighted in Swissinfo, the website of the Swiss national broadcaster, after the mass shooting in Las Vegas in Nevada, the United States claimed the lives of 59 people and wounded hundreds of others this week.
Netflix shares reached a record high on Thursday, following the company's decision to raise its prices for US subscribers. Netflix stock closed at $194.39 per share on Thursday, up 5.4% for the day. Netflix raised the price of its most popular "standard plan" service to $10.99 a month from $9.99. Its highest-tier plan, which supports 4K video resolution and four simultaneous streams, will increase to $13.99 a month from $11.99.
The chief executive officers of Switzerland’s top firms take home almost double the median salaries of Europe’s 100 biggest companies, according to a study by consultants Willis Towers Watson. The Eurotop 100 study, presented on Thursday, studied the direct remuneration – not including pension or bonuses – of the CEOs of the 100 most highly capitalised blue-chip companies in Europe.
UBS Chairman and former Bundesbank President Axel Weber said on Wednesday bitcoin does not fulfill some of the most important functions of currency, the latest senior banker to express skepticism about the cryptocurrency. "I get often asked why I'm so skeptical about bitcoin, it probably comes from my background as a central banker," Weber said at a conference organized by the Swiss Finance Institute. Axel Weber previously served as head of the Bundesbank, Germany's central bank.
Car sales in the UK were down 9.3 per cent in September. The figures that have just been released are worse than the situation in the last six months, that has seen a constant decline. Chris Bosworth, director of strategy at Close Brothers Motor Finance, commented about the situation blaming Brexit, and therefore the uncertainty in the EU, for this decline.
- After an especially strong first quarter (+1.9% year-on-year), growth surprised once again in the second quarter (+2.2%). This pace is above potential and above its 2010-2015 average. - Credit growth remains solid and beneficial to both companies and households - Order books and economic surveys suggest that the positive trend will continue - The political environment has become favourable after elections in France and the Netherlands
Swedish rail company SJ Railways is now accepting tickets via microchips implanted into the hands of its commuters. The microchip and app exchange information using near-field communication (NFC) – the same wireless data transfer technology used by Apple Pay, Android Pay and Amiibo. Each SJ Railway customer’s microchip is given a membership number, which can be updated through the SJ Railways app on a smartphone. Once a microchipped rider gets onto the train, he or she can simply put his or her hand out to be scanned by the conductor.
Warren Buffett has attacked US President Donald Trump’s plan to slash taxes for companies as well America’s richest individuals. “We have a lot of businesses... I don’t think any of them are non-competitive in the world because of the corporate tax rate,” billionaire investor Mr Buffett told CNBC, on Tuesday.
Tesla has been one of the greatest cash burners in history. The stock price is based on the assumption that electric motors in cars will soon replace internal combustion engines and that this change will mean huge revenues and profits for Mr Musk. Investors believe that their money should be in stocks that have the potential for future capital gains. There is a problem with this theory, and that is that other car manufacturers can relatively quickly put electric cars on the road.
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
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