Europe

Boris Johnson: UK will not abandon EU

The UK will continue to be one of the leading countries of Europe and to participate actively in the EU bloc policies despite the decision to leave the organization, such as Boris Johnson, the new British Foreign Secretary said in his first official appearance in Brussels to reporters on the sidelines with the EU countries.

Continue reading

Russia’s Alfa Bank first sponsor in FIFA World Cup 2018

The first sponsors of the World Cup of Russia in 2018 comes from the host nation. FIFA announced fact that the first of the 20 slots to be assigned is assigned to Alfa-Bank, Russian banking institution that has been placed in the category of Regional Supporters.

The amount of the sponsorship was not made public. The highest world organism has also announced that negotiations are underway with several companies referring to Asia, Middle East and Africa, North and South America. The designation of regional replaced the former term used for National, which favored companies of the host nation and that he had seen as many as 8 Brazilian companies for the year 2014 and just six in South Africa for the 2010 World Cup.

Continue reading

BSI Singapore: accelerated procedure for the detection

EFG International announced yesterday its intention to detect the BSI bank’s activities in Singapore through an accelerated sale of the assets. The transfer should be completed by November 2016, with the approval of the competent authorities, as indicated in a note.

EFG and BTG Pactual, current BSI Brazilian owner, are going to get permits to finalize the Ticino institute detection by the Zurich-based asset manager. The transaction should be completed during the fourth quarter of this year.

Continue reading

Google: EU Antitrust puts in the viewfinder Alphabet

Europe’s war against Google goes on: Brussels launched his accusations against Alphabet, the parent company created after the start of the EU proceedings April 2015. The European antitrust strengthens the evidence to prove the abuse of a dominant position: the suspicion is that the web giant has limited possibilities to other sites to advertise its competitors.

Continue reading

Swatch: profit warning on first half 2016

Concern in Biel, headquarters of the Swiss giant Swatch Group. The leadership team has expressed all its tension on the first half results for which foresees a possible profit decline of up to 60% and 12% of turnover. Europe and Hong Kong, the main markets for Swatch, have great difficulties on the sales so that, between January and the end of June, the decline of turnover by 12% and that’s why the profit could fall by more than half.

CEO, Nick Hayek, points out that, despite the difficulties, the employees will not be sacrificed. "Better to reduce the margins that cut staff" confirmed the boss of Swatch.

Continue reading

Nice: truck attack, France mourns 84 killed

Terror and carnage in Nice, on the feast day of 14 July. Shortly before 22.30 on the promenade des Anglais, while people attended the celebrations of the French National Day, a truck plunged into the crowd at a speed of 80 km / h mowing people: when recording 84 deaths, including many children , and about 100 injured (54 children).

The driver of the truck was a French-Tunisian of 31 years, then killed, and "it was only in the vehicle", and "if he had accomplices, was upstream," says a reporter for Le Figaro, explaining that the police are looking into the city video surveillance images to understand where exactly the bomber either party.

Continue reading