Corporate

Microsoft, with a flash deal, bought Linkedin cost of $ 26.2 billion, $ 192 per share, the largest professional network in the world.
Microsoft’s goal is to revive the social network, with over 400 million users, in recent months has disappointed investors and markets because of competition and a labor market recovery that also caters to more traditional channels. In fact, in recent months LinkedIn showed the first signs of weakness: in the last quarter of 2015 closed with a red amounting to $ 8.4 million compared to a profit of 2.9 million profit in the same period last year .

The title of Credit Suisse is at historic lows: at the Zurich Stock Exchange the title stock of the second Swiss bank has been exchanged in the afternoon at 11.61 francs, the lowest level since 1989, according to Reuters calculations.

Around 15.30 the share has come to lose about 4% over Friday, then it is slightly relieved: after 16:00 left on the ground about 2%. Bank stocks are under pressure throughout Europe. UBS also not exempt from this trend.

Amazon strongly points on India and is ready to invest $ 3 billion. CEO Jeff Bezos unveiled the important investment plan in the Asian country to ride the wave of e-commerce growth during the Business Council’s Leadership Summit in Washington, where he met Indian Prime Minister Narendra Modi.

This is not the first effort of Amazon in India, as the company had earmarked $ 2 billion for 2014. But it is certainly an important signal of the Amazon will to grow up in a country that offers good side perspective of e-commerce: online purchases grew from $ 6.3 billion in 2014 to 16 last year. The number one Amazon declined to give details on the timing and areas of interest of the new investments, but in India the company already counts on some warehouses and a logistics network.

Several members of the Peugeot family say they are ready to invest in the PSA Peugeot Citroen automaker to significantly back in the capital. This was reported by the French newspaper Les Echos, citing some of the family members and the former chairman of the supervisory board, Thierry Peugeot.
"Many of us are on the same wavelength" Thierry Peugeot told French daily. The family is made up of a hundred members, and in past years it was divided on the choices regarding the automaker.

The Peugeot group had near bankruptcy in 2013 and was saved with the entry into the capital of the French State and the Chinese company Dongfeng Motor. Both have become major shareholders, with a stake of about 14% each.

The Swiss bank UBS restructures its investment management activities in the US. The number of its consultants is expected to decrease by 10%, but the rewards will be higher, to try to tie them to long-term bank.
In the division, led from the start of the year by ‘ex- CFO Tom Naratil UBS, the Swiss institute currently employs 7.145 consultants. In the future there will be between 6,500 and 7.000, a spokesman for the bank has said to Reuters.

While in France the European championships are going to start, Germany has closed the sale for the renewal of TV rights for football. From German auction two important considerations emerge: the telephone operators did not enter in the race and the price increased in proportion to the growth of exclusive offers.

Sky was awarded for another four seasons Bundesliga’s domestic television rights with an average annual outlay of 876 million euro, almost double the 486 million last contract. The new agreement is for "only" 572 matches per season for four championships from 2017-18 on all platforms, accounting for 93% of total meetings.

Important convergences in the world of media and TLC: Vodafone New Zealand and Sky Network Television today announced the merger of the two groups by the value of 3.44 billion New Zealand dollars, amounting to over 2.1 billion euro.

Sky will acquire Vodavone NZ, second group of telecommunications in the country, in part by buying shares and partly cash (1.25 billion New Zealand dollars). Sky then take control (51%) of the companies that merged.
The merger combines the first brand of mobile phones with over 2.35 million customers and the leader of the tv for a fee, with 830 thousand subscribers

Bad month of May for Swiss who sees decrease the number of passengers and therefore the employment rate: the subsidiary airline Lufthansa carried 1.4 million travelers, 0.5% less than the same month of 2015.

The employment rate of the aircraft fell to 80% (-2.7 percentage points) compared to the same period last year. The number of flights operated by Swiss has also declined by 0.9% to 12,800 units, the data published today by Lufthansa. For its part, the German airline carried 5.5 million passengers in May (-7%), with a load factor of 75.8% (-3.8 points).