The value of sustainable investments held by Swiss asset owners almost doubled in the past year, according to a survey by Forum Nachhaltige Geldanlagen (FNG), the association for sustainable investments in Germany, Switzerland, and Austria, which reported that sustainable investments grew to CHF104bn (€95.8bn) as of year-end 2016, compared to CHF55bn a year earlier.
Switzerland is supporting free trade and globalization as the means to make the Swiss economy more prosperous and intends to extend the number of such agreements in the near future, Joerg Gasser, Switzerland's State Secretary for International Financial Matters at the Federal Department of Finance (FDF), told media on Friday on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
Spain's Banco Santander said Wednesday it will take over struggling Banco Popular Espanol for the symbolic price of 1 euro, creating the country's largest bank by lending and deposits, according to a press statement. "This means that Banco Popular will operate under normal business conditions as a solvent and liquid member of the Santander Group with immediate effect," the board said.
Apple unveiled a host of new products, updates and software features at its annual Worldwide Developer's Conference (WWDC) on Monday, and one of them could potentially save lives. The upcoming iOS will include a feature called 'Do Not Disturb While Driving" that will make it easier to avoid texting while driving. By all indications, it's rather simple tool from a technological standpoint — but if it works as advertised, iPhone's 'Do Not Disturb' feature could prevent car accidents and traffic fatalities, which is more than enough to make it a worthwhile update.
Wealthy people are dodging even more tax than previously thought, according to new research. Economist Gabriel Zucman and his co-authors Annette Alstadsaeter and Niels Johannesen, from the University of Copenhagen and the Norwegian University of Life Sciences, matched the identities in both caches to tax records in Norway, Sweden and Denmark. Their goal was “to correct global inequality statistics, so as to better capture the very rich.”
After several years of snatching the prize from each other, Google has managed to fight off Apple to defend its position as the world’s most valuable brand in Kantar Millward Brown’s 2017 BrandZ ranking. The internet giant has extended its lead after achieving a 7% increase to $246bn, compared to Apple’s 3% rise to $235bn, meaning there is now a 4.4% value difference between to two global leaders. Last year it was far closer at 0.3%. Microsoft (third) and Facebook (fifth) have also managed to retain their positions in the top five, with the former increasing brand value by 18% to $143bn and Facebook seeing a 27% boost to create a brand value of $130bn. The annual BrandZ ranking, which is compiled by WPP consultancy Kantar Millward Brown, is based on a combination of millions of consumer interviews and each company’s financial performance.
In its latest effort to compete with online giant Amazon, Wal-Mart is testing a delivery service using its own store employees, who will deliver packages ordered online while driving home from their regular work shifts. The “associate delivery” program would use Wal-Mart's 4,700 U.S. stores and roughly 1.2 million employees to speed delivery and cut costs, the company said Thursday. The announcement came just a day before the company's annual meeting.
Invesco released its fifth Invesco Global Sovereign Asset Management Study on 5th June, an annual in-depth report on the complex investment behaviour of global sovereign wealth funds and central banks. This year's study shows that geopolitical uncertainty and limited options to increase risk asset allocations are causing sovereign investors to make fewer allocation changes than at any point in the past five years, despite target-return gaps increasingly widening. The survey, conducted face-to-face among 97 individual sovereigns and central bank reserve managers across the globe, including Canada, representing $12 trillion of assets, asked sovereigns to rate the importance of various economic and geopolitical factors on their investment strategies.
The world's first commercial plant for capturing carbon dioxide directly from the air opened on May 31th, refueling a debate about whether the technology can truly play a significant role in removing greenhouse gases already in the atmosphere. The Climeworks AG facility near Zurich becomes the first ever to capture CO2 at industrial scale from air and sell it directly to a buyer. Developers say the plant will capture about 900 tons of CO2 annually — or the approximate level released from 200 cars — and pipe the gas to help grow vegetables.
MGF Fall Edition is Presenting twelve High Growth companies both public and private i
"Investire nel mattone" è probabilmente una delle scelte meno rischiose. La casa è un bene rifugio
Two years after two historic global agreements were established, leaders and other change agents in
Im September haben die Schweizer Stimmbürger die „Altersreform 2020“ des Bundesrates abgelehnt.
The 2017 symposium, with the theme "Successfully crossing borders", will have a strong focus on the
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