The US giant telecom Verizon Communications would plan to submit a bid in the second round of 3 billion US dollars for the core business of the Internet Yahoo, according to the Wall Street Journal reported, citing a person familiar with the matter. According to the newspaper of the Big Apple, Verizon would have to meet the Monday deadline for the second round of bids.
Facebook is also involved in the referendum on Brexit, which will see the UK go to the polls next June 23 to decide whether to remain in the European Union. The popular social network has decided to side openly with an alert sent to citizens under 45 years, statistically mostly against Brexit, to register before the deadline of this evening to participate in the referendum of 23 June. Collecting approximately 100 thousand favorable responses from users who have immediately followed the advice.
In one day there were 155 thousand people: 52 thousand between 18 and 24 years, 68 thousand from 25 to 34 and 35 thousand from 35 to 44. It is more than three times what they had done in previous days: According to The Times, three fifths were convinced by Facebook.
The British authorities are investigating against Credit Suisse and the Russian group VTB in the granting of loans for several hundred million dollars to companies with ties in Mozambique, which would be served in particular to the acquisition of war material. This was reported by "Wall Street Journal", which adds that transactions comprise receivables of $ 622 million (613 million francs) for combat equipment, 535 million for the construction of ships and 850 million for the fishing fleet.
Credit Suisse requires its employees too busy at work to take a breather over the weekend. An internal directive recommends employees to leave the office Friday to the maximum at 7 pm and returning at the earliest at 12 on Sunday.
The document entitled "Protecting Friday Night" was sent on May 23 by e-mail to all staff of the investment banking sector in Europe, Middle East and Asia. Exceptions are possible only if there is at stake a big deal.
The legislation, which in other sectors of the private or the public could probably generate surprise, is apparently regarded as necessary in a world where there are plenty of so-called "workaholic", people who are too devoted to work. These include in particular many young people, who remain in the bank behind their screens until the wee hours.
The merger between the London Stock Exchange and Deutsche Boerse could involve cutting 1,250 jobs in what would become the largest European square.
The predictions announced the two companies even if the London Stock Exchange states that will create 200 new jobs to create new initiatives, waiting for July 4, the London Stock Exchange shareholders approve the transaction. LSE shareholders will receive 0.4421 new shares for each LSE share they own, those of Deutsche Boerse will receive one new share for every Deutsche Boerse in the portfolio.
Credit Suisse will issue 75.5 million new shares to finance the optional dividend paid for the year 2015. The increase represents 3.8% of the current share capital. The price was fixed at 12.47 francs per title.
Shareholders have exercised almost 1.3 million option rights in favor of a dividend in the form of new shares. Yesterday it was the last day to choose the payment method, like a today’s press release mentions.
The issue price was calculated on the basis of the reference price of the shares Credit Suisse, or 13.86 francs, less 10%. The distribution will take place on June 6th.
New economic recovery signals for the Swiss industry: in the second quarter, the UBS barometer of small and medium-sized enterprises (SMEs) rose to -0.16 points, compared with -0.18 points in the first three months of the year . For large companies, which compared to the smaller ones have suffered less than the ex-strengthening, it has gone from 0.24 to 0.52 points.
"The industry seems to have started to get back on top," the UBS economists commented in a statement today. In the second quarter barometers they have reached the highest level since October 2014. Regarding SMEs contributed to this improvement especially the increase in orders and backlog slightly higher than the previous month. The forecasts relating to orders for the third quarter were however not very rosy, a fact that probably prevented a more marked elevation of the barometer.
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