News

15.03.2017

EFG to discuss with BTG over final BSI price

EFG International is gearing up for a battle with Brazil's Grupo BTG Pactual SA over the value of BSI Bank, with the Swiss private bank now expecting to cut the purchase price by more than a quarter: it expects a downward adjustment of the estimated BSI purchase price of 277.5 million francs. The bank cautioned this was "subject to BTG's expected objection and, if necessary, verification by an independent expert". The private bank that bought BSI last year reported IFRS net profit of 339.3 million Swiss francs ($336.27 million) in 2016,  far ahead of the average estimate of 13.8 million in a Reuters survey of four analysts.

 
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15.03.2017

Dan Gramza on US Grains Markets in March – April 2017

Dan Gramza gives a brief review of the USA grains markets and their relationships with the EU grain markets.

 
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15.03.2017

EU Parliament revised gun law, will affect Swiss citizens

Controls on firearms in the European Union would be tightened under legislation approved by the European Parliament on Tuesday. The new rules would require member states to check whether deactivated weapons have been rendered permanently unusable. Such weapons are used legally on film sets or in theatre productions. The deactivated weapons must also be registered.  The directive also applies stricter controls to firearms designed to fire blanks. The European Commission had proposed to reform the firearms directive in November 2015 in the wake of the terrorist attacks in Paris.

 
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15.03.2017

Tag Heuer with Intel made new luxury smartwatch you can customize

Tag Heuer has followed its first Connected smartwatch with a new model that features a unique twist. The Swiss watchmaker is back with a new and highly-customizable model: the TAG Heuer Connected Modular 45, based on an Intel chip. Unlike the original Connected though, just about every part of the Modular 45 can be swapped, from the straps, to the buckles, and lugs, and even the watch module itself. That’s right, you can change the electronic module with a mechanical watch module, which not only gives you extra customization options, but it ensures that your expensive watch won’t become obsolete in just a few years.

 
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15.03.2017

Trump's 2005 tax showed by TV report

Donald Trump earned more than $150 million in the year 2005—and paid just a small percentage of that in regular federal income taxes. The documents show Trump and his wife Melania paying $5.3 million in regular federal income tax—a rate of less than 4%. Trump made a total income of $253 million in 2005, but wrote off $103 million in losses, according to the document, the first two pages of which were obtained by Pulitzer Prize-winning journalist David Cay Johnston and first shared on “The Rachel Maddow Show.

 
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14.03.2017

How Argentina is Succeeding to Make Renewable Energy Market Investor Friendly

A conversation with Mr. Pablo Castagnino, Secretary Embassy of Argentina in Brussels, Head of the Economic Section, about current and future development of renewable energy sector in Argentina.

 
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14.03.2017

San Francisco, where rent is the highest in the world

The top three most expensive cities to rent across the world are in the US – San Francisco, New York and Boston – closely followed by Hong Kong, the 2017 Rental Index, produced by British-based online realtor Nested, found. The company’s Rent Affordability Index (RAI) ranks 87 cities based on “current market listings for all locations,” from San Francisco to Dubai to Zurich. San Francisco has long had the highest rents in the country by almost every metric, but previous reports have declared the city more expensive than famously elite destinations abroad.

 
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14.03.2017

Trade against the trend - how it works

The clever catching of a falling knife Kitchen and stock-exchange have actually not a lot in common. But who catches a falling knife, can be “injured” in both sides. Market-exaggerations can provide excellent trading opportunities. One possibility to take advantage of such situations is the so-called Channel Buster. What is a Channel Buster? Channel Buster is a Trading Setup of the Chart-technique. In an established upward or downward trend-channel, an exceeding or deceeding of the channel in the direction of the trend. The channel is, so to speak, broken, and as the name suggests, there is a Channel Buster. In this case, there are only two possibilities: either the overriding trend continues with a higher intensity or there is at least a temporary exhaustion

 
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14.03.2017

Rolls Royce, their app in our video review

 
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14.03.2017

EU court allows companies to ban wearing headscarf at workplace

The European Court of Justice (ECJ) ruled on Tuesday that employers can ban staff from wearing visible religious symbols, including headscarves. "An internal rule of an undertaking [firm] which prohibits the visible wearing of any political, philosophical or religious sign does not constitute direct discrimination," the court said. The ECJ was ruling on a case dating to 2003 when Samira Achbita, a Muslim, was employed as a receptionist by G4S security services in Belgium. At the time, the company had an "unwritten rule" that employees should not wear any political, religious or philosophical symbols at work, the ECJ said.

 
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Events


Semptember 2015
  • 24
    Oct

    Two years after two historic global agreements were established, leaders and other change agents in

  • 25
    Oct

    Im September haben die Schweizer Stimmbürger die „Altersreform 2020“ des Bundesrates abgelehnt.

  • 30
    Oct

    The 2017 symposium, with the theme "Successfully crossing borders", will have a strong focus on the

  • 31
    Oct

    Dieser Event ist ausschliesslich für Pensionskassenvertreter (Stiftungsräte, CEOs, Anlageverantwor

  • 01
    Nov

    Nach Jahren des geldpolitischen Experimentierens sind die Finanzmärkte so verzerrt wie selten zuvor

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