Corporate

The chairman of the supervisory board of Vivendi Vincent Bolloré announced that the media giant is interested in entering the publishing business to expand its content offerings. "It ‘an essential element for the contents", Bolloré said the Culture Committee of the French Senate.

Bolloré, at the head of Bolloré Group, which controls 15.33% of Vivendi, he has pushed the company toward a series of acquisitions since taking the role of president. Having scored the operation of Telecom Italy, Mediaset Premium and Gameloft, to name the biggest dossier, 64-year-old billionaire, therefore, continues its advance on the European market. Without going into details he left to guess that this new campaign will once again supported by the managing director Arnaud de Puyfontaine.

Now it’s official, the president of Russia Vladimir Putin will be in China next Saturday, June 25. Although the details of the state visit are not yet known, the Russian ambassador to China, Andrei Denisov said that "With regard to the upcoming visit, we have quite a substantial list of over thirty projects that are now in various stages of preparation".

Salaries of managers of the largest Swiss companies have not decreased in 2015 and in fact the difference between the lowest wages and the highest rate was a record of the last five years.

The union Travail Suisse in a note today announced the rankings, asking at the same time a solidarity levy on frameworks fees through an amendment to the law that governs the public company.

Microsoft has officially announced its partnership with Kind, a US start-up, to launch, on the market, software that keeps track of the marijuana plants from seed to sale within the legal market.

"We believe that in the area there will be significant growth. With industry regulations, there will be more transactions and we believe there will be more sophisticated requirements and tools ", to be respected and to develop, Kimberly Nelson says, responsible for solutions to the state governments and local Microsoft.

The Russian giant Rosnet oil could fall into Chinese or Indian hands. According to reports from Bloomberg, Vladimir Putin is thinking of selling the idea to consolidate public finances weighed down by oil prices to a minimum. In a context aggravated by European sanctions and counter-moves by the Federation, that have accelerated a crisis that would require budget cuts difficult to achieve, according to the rumor reported by Bloomberg, the Kremlin is seeking a buyer for the 19.5% of the leaders of the Rosneft oil, and he would be just trying to place it in a joint venture between the Chinese and Indians. The revenues expected from the partial privatization of at least 700 billion ribli ($ 11 billion).

While polls see the lead again Remain faction in referundum on Brexit next June 23, the fears about the exit of Britain European Union weigh on merger between Deutsche Boerse and the London Stock Exchange. The alarm is launched by the Wall Street Journal, according to which, even if the British were to choose "remain", the merger, which would create a colossus with $ 30 billion of market capitalization, is winning widespread skepticism in the German political world.
According to insiders, the Brexit would lead to severe obstacles to closing the agreement, due to expected pressures on the political front, an even stricter regulatory scrutiny and decided a change in the valuation of both companies.

Bad news for Swisscom employees wishing to take early retirement. According to the opinion of Syndicom, professional trade union, the biggest Swiss telecom operator plans to review its policy on pension fund by cutting the services offered.

The Complan Foundation Board, which manages the cash assets of the second pillar of Swisscom employees, think of suppressing the bridging pension for those who opt for early retirement, as Syndicom makes public today in a note; simultaneously, the conversion rate and the technical reference rate should be revised downwards.

Marriage in the beauty products industry: Revlon buys Elizabeth Arden for 870 million dollars, in an all-cash transaction. Revlon will pay $ 14 for each share of Elizabeth Arden, offering a 50% premium over the closing price of $ 9.31 per share of Elizabeth Arden. A big company is born in the beauty industry, which has already obtained the approval of the boards of both companies.