News

27.10.2016

Belgium resolves impasse over CETA deal

The Belgian government and its regions have reached an agreement over the CETA trade pact between the EU and Canada, Prime Minister Charles Michel told reporters in Brussels. Early in the morning he said on Twitter: “Belgian agreement on #CETA . All parliaments are now able to approve by tomorrow at midnight. Important step for EU and Canada".

 
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27.10.2016

Deutsche Bank realized unexpected profit

Deutsche Bank reported a profit of €278m in Q3, which compares favorably to a 6 billion euro loss for the same period a year ago, beating analysts' average expectations that it would make a net loss of around €610 million.  Deutsche Bank said the "tough interest rate environment" and "unsettling effect" of negotiations with US authorities had been felt.

 
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27.10.2016

Britische Wirtschaft verlangsamt sich kaum

Die Unsicherheit nach dem Anti-EU-Referendum hat die britische Wirtschaft im Sommer kaum gebremst. Das Bruttoinlandprodukt stieg zwischen Juli und September noch um 0,5% zum Vorquartal und damit deutlich stärker als erwartet, wie das nationale Statistikamt ONS am Donnerstag mitteilte.

 
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27.10.2016

La baisse du taux minimal relance le débat sur l’AVS

Le Conseil fédéral a abaissé mercredi à 1% le taux d’intérêt minimal de la prévoyance professionnelle. Les organisations syndicales réclament un renforcement du premier pilier pour compenser la baisse des rentes de la LPP.

 
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27.10.2016

EU-Canada stopped CETA in Belgium

Canada’s prime minister Justin Trudeau has cancelled a trip to Brussels, as Belgium failed on Wednesday to clear internal opposition to the EU-Canada free-trade pact (Ceta). "Canada remains ready to sign this important agreement when Europe is ready," Alex Lawrence, the spokesperson for Canada's International Trade Minister Chrystia Freeland, told German news agency DPA.

 
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27.10.2016

5 reasons why Trump will not win the election

After the big surprise of Brexit, anything seems possible. However, the presidential election in the United States is hardly comparable to the British referendum. The United Kingdom’s electorate consists of a large dominant block of white voters (94%), while in the US, there is much more diversity amongst voters with 30% ethnic minorities.

 
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26.10.2016

Swiss wages will pace along with inflation

Wages in Switzerland should stagnate in real terms in 2017, according to UBS economists who foresee an average salary increase of 0.6%, with inflation estimated at 0.4% for the same period of time. The effective increase will be only 0.2%, lower than this year.

 
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26.10.2016

Twitter axes jobs after losing buyers

Twitter may soon cut 8% of its workforce, or about 300 people, Bloomberg reported Monday citing people it said were familiar with the matter. A company spokeswoman declined to comment. Last year, Twitter announced, more or less, the same plan, or to axe 336 employees, about 8%, a week after Jack Dorsey, its co-founder who had been serving as interim chief executive, took over as permanent CEO.

 
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26.10.2016

Deutsche Bank would like to make a U turn on Postbank

Deutsche Bank may soon reintegrate Postbank, the Bonn-based institute bought in several steps from 2008 for a total of €6 billion and then placed on the market. This was revealed by the Sueddeutsche Zeitung, citing information gathered in financial circles. Sources said no serious buyers emerged after Deutsche Bank put the unit up for sale and that a potential listing of Postbank also would be difficult in the current market environment.

 
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26.10.2016

Swiss Post moves on the digital highway

The Post continues the reduction of their traditional offices: from the existing 1,400 today, it will come down to a number between 800 and 900 by 2020. In a statement today, the yellow giant announced that 1,200 employees "may be affected by a change". There were however no planned layoffs. Over the next four years, the company intends to continue the development of the network access points, taking them from the current 3,700 to at least 4,000. If possible, it will continue to focus on the format tested by years of agency or branch with partners.

 
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