Fear for Brexit widens the employment world. After the spectrum to the recession of the past few days, the Chancellor of the Exchequer, George Osborne, has been focusing on the world of work: in fact, according to the report issued by its Ministry of the Treasury, the exit of Britain from the EU could cost 820 thousand jobs in two years, following the sharp slowdown of the economy.
With the publication of the ratification law in the "Official Journal", the tax agreement Italy-Switzerland, mainly for the exchange of information between the tax authorities of Rome and Bern, entered into force.
The rule is that until 2018, the two countries will exchange information on request only, both on an individual basis and in groups while starting from 2018, the exchange will become automatic. To use the data obtained in this way, however, it can only be the judicial or administrative authorities which had requested them.
Richemont shares closed at the end of March, the year 2015/2016 with a net profit of 2.23 billion EUR, an increase of 67% compared to the previous year. The turnover rose by 6% to 11.1 billion euro. In local currencies, however, sales accuse a drop of 1%, as the Geneva group active in the luxury sector.
The markets of Europe, Middle East and Japan showed a good performance, offsetting the weakness in the Asia-Pacific. The strong Swiss franc weighed on the price of the watchmaking sector, which still achieved sales up 3%.
In an interview with the Italian newspaper "La Stampa", Sergio Ermotti, UBS CEO, expressed his view on the ECB’s monetary policy: "Bringing interest rates so low it was a duty, you had to try. but today, while the European central Bank continues with its expansive monetary policy, governments do not make the necessary reforms. So insist in the same direction is a kind of aggressive treatment ".
Regarding a possible return to Unicredit to succeed Federico Ghizzoni, Ermotti was very clear: "I have a very nice memory of Unicredit, but I must say that I am very happy where I am today."
According to a survey published by the Daily Mail, the British people are in favor of staying in Britain EU, and even sharply. The poll result says that if you held a referendum today on Brexit, 52% of voters would vote’ yes’ in Brussels against the 41% of ‘no’.
The British, however, do not believe the alarm raised by Prime Minister David Cameron that divorce Union could bring back a conflict on the continent after decades of peace. The survey underlines a general trend in recent surveys that saw a recovery in the face pro EU. According to the Financial Times, which on its website has a ‘thermometer’ with the average of major polls, the campaign Remain is at 47% and that for Brexit to 41%, while the percentage of undecided voters remains still large, around 10 %.
The company Lucerne Schindler elevators and escalators has got a very important job: equip the world’s largest airport, under construction in Turkey, in Istanbul, in operation since 2018.
"We are proud and excited to bring our innovative technology in this partnership with the new airport in Istanbul", he commented the director of the Schindler Group, Thomas Oetterli, in a statement today. They will install 306 elevators, 159 mobile and 183 moving walkways. The amount of the contract was not disclosed.
Portugal is the first country in the European Union member who is able to meet its energy needs for several days exclusively with renewable energy. Wind power, hydro and solar have been sufficient to guarantee 107 hours of autonomy, from 6:45 am on Saturday 7 May at 17:45 up to Wednesday, May 11th.
The analysis of data provided by the government has certified the result achieved, as stated in the article published on the Portuguese NGO Zero site. According to experts, good management and favorable weather conditions have helped the country to benefit from recent investments in wind and hydropower.
Julius Baer announces that it has recorded an increase in deposits of 6 billion, ie by 2% compared to the end of 2015. This progression must constantly increase the supply of capital and consolidation, 1 April 2016, the Italian management company Kairos that manages funds for about 9 billion. A contribution which more than offset the negative trend of the exchange rate fluctuations, primarily the weakness of the US dollar and British pound against the Swiss franc.
The figure divulged by Julius Baer enrolled in the fork of the forecasts of analysts who expected a mass under management of between 290 and 309 billion francs with a consensus at 302.7 billion.
