We’ll be introducing among our news and features one piece per month in order to give you a few ideas on new gadgets that look irresistible. We’ll try to keep these pieces light and ironic, as a small soothing patch – different from the rest of our website.
Switzerland's consumer sentiment improved strongly in the three months to January to its highest level in two-and-a-half years, survey results from the State Secretariat for Economic Affairs, or SECO, showed Tuesday. The consumer confidence index climbed to -3 from -13 in October, marking its highest level since July 2014, the survey conducted among roughly 1,200 consumers revealed. The reading is above its long-term average, after six below-average quarters. "Consumers are clearly more optimistic about where they feel the economy is going as well as being less gloomy about the future development of unemployment and their own financial situation. This is thus the first time that consumers have rated the outlook in many areas as positively as they did shortly before the Swiss franc shock in early 2015" SECO said.
The Swiss franc’s high value continues to have a negative effect on the confederation’s economy, especially compared to the euro quoted an expert as reporting on Monday. Andrea Maechler, one of the three members of the Swiss National Bank’s (SNB) governing board, told Swiss newspaper Tribune de Geneve that in addition to the currency valuation, other factors including interest rates, changes in prices and the global situation must also be taken into account when assessing the confederation’s economic outlook. “It’s clear that the strong Swiss franc remains a big challenge for many businesses in Switzerland,” Maechler told in the interview.
This series of articles is intended to show different trading techniques that work on multiple time levels in liquid markets - especially in equities, stock indices, commodity markets such as gold and crude oil, and in Forex trading. In conjunction with the right indicators these methods have proven themselves well. You will get a set of rules that will help you to find a trade setup, in order to determine the right time to position opening, to place a meaningful Stop and to define the exit strategy.
An idea that started in his parents basement, nineteen year old Kai Kloepfer from Boulder, Colorado created a gun that works like a smartphone. If the gun is picked up by an authorized user, a sensor recognizes the fingerprint and it will fire. “I think this could be huge, I think this could be the future of firearms,” Kloepfer said. This fingerprint sensor utilizes technologies from biometric security measures, which might be the solution to solving the United States' gun violence problem (and not only in US).
The new head of UBS Switzerland, Martin Blessing, told Swiss newspaper SonntagsZeitung that he expects interest rates across Europe to remain low for the next 12-18 months. Consequently, Blessing cast doubt on rival Credit Suisse's 2018 target of 2.3 billion Swiss francs ($2.32 billion) at its Swiss business, saying that "to reach such a goal, the market environment would have to change dramatically." And, over job places, he added that huge cuts jobs aren't scheduled; however, Blessing said that probably in the next few years there will be a slight drop in the number of employees.
Deutsche Bank has apologised to Germans for its costly mistakes, the ad signed by CEO John Cryan on behalf of the bank’s top management, ran Saturday in the Frankfurter Allgemeine Zeitung, Sueddeutsche Zeitung and several newspapers. "Serious mistakes were made," reads the advertisement on Saturday, days after the lender announced an annual loss of €1.4 billion in 2016. "We would like to apologize for that." "Since I became chief executive of Deutsche Bank one-and-a-half years ago, we have had to pay around five billion euros in legal cases largely originating from several years ago," chief executive John Cryan said in the ad.
This year, following companies will attend: Evolution Mining / Perseus Mining / Panoramic Resources
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