News

28.09.2016

Gazprom plans to become a big player in Europe's gas market

Gazprom export" plans to increase its market share in Europe of 2% -5% in 2016 over the previous year, as stated by the representative of the company Valery Nemov, at the 10th annual European Gas Summit organised by S&P Global Platts in Düsseldorf. "We must remember that in recent years Gazprom has set a very ambitious goal: to reach a market share of 30% in Europe," said Nemov, quoted by Bloomberg.

 
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28.09.2016

Switzerland fixed women to retire at 65

Women will retire at 65. After the States General, also the Swiss National Council approved - by 137 votes to 57 - the raising of a year of their retirement age in the examination of the Pension Provision 2020 program, bringing it into line with the retirement age for men.

 
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27.09.2016

Switzerland remained at first position in global competitiveness ranking

Switzerland ranked the most competitive economy for the eighth consecutive year, ahead of Singapore and the United States. According to WEF, the latest survey results showed a 10-year decline in the openness of economies at all stages of development, which posed risks to countries’ ability to grow and innovate.

 
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27.09.2016

US consumer confidence jumps to 2007 Pre-recession rate

the US consumer confidence registered a higher growth rate than expected in September 2016, suggesting a gradual strengthening of the sentiment of households, a good sign for consumption and for economic growth. According to the Conference Board of the United States, the confidence hit 104.1 points in September from a revised 101.8 in August turning out better the expectations of analysts who had forecast a decline to 99 points. It was the strongest reading since the index stood at 105.6 in August 2007, four months before the beginning of the Great Recession of 2007-2009.

 
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27.09.2016

Thiam verschreckt die Aktionäre

Abflüsse bei den Vermögen und Druck in Asien: Der Credit-Suisse-Chef stellt die Investoren auf ein schwächeres drittes Quartal ein. Die Aktie reagiert prompt.

 
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27.09.2016

Genève chute au 23e rang des places financières

La Cité de Calvin a perdu huit places tandis que Zurich reste la deuxième place financière européenne derrière Londres.

 
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27.09.2016

Mondo TV Suisse: first half 2016 EBIT turns to loss

World TV Suisse, company listed on AIM Italy, announced the results of the first half of 2016, closed with a production value of 1.46 million Swiss francs, 42% fewer than the 2.58 million achieved in the first half last year, due to the slowdown of some productions for which, at the request of the client, it was decided to modify the general approach of the series and it is still going on the pre-production activities.

 
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27.09.2016

Iran not ready to freeze oil prices

Oil price is rallying in the opening day of the meeting of OPEC in Algeria; Brent and WTI mark both fell around 1.50 percent, after morning's declaration, made by Iran's oil minister, Bijan Namdar Zanganeh, who seems to have erased the little chance of a deal today for a freeze or cut production of crude oil. 

 
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27.09.2016

UBS says Real Estate Bubble is growing in the world

Real estate markets are once again heating up in the world: in some cities prices are overrated, says UBS, according to 2016-edition "Global Real Estate Bubble Index". In Geneva and Zurich, the two swiss select cities, tension remains but at a lesser extent. As published today by UBS, a few years later by the great wave of corrections in the real estate sector worldwide, overestimates have widened in most cities.

 
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27.09.2016

Worth's trade Switzerland-Lombardy is €30 bn on year

The value of trade between Lombardy and Switzerland amounts to around 11 billion euro per year. The figure is equal to one third of the more than 30 billion nationwide, according to the estimate given by the Milan Chamber of Commerce, on the 2015 data, the day after the vote in Ticino on the border restrictions. The data broadly confirms the turnover of 2014, with a slight drop of 1%.

 
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