Online commerce will lead to being multilingual: in fact by 2020 the English, while remaining the main language of digital commerce, will see the bow share decrease 42-33%. Mandarin (basic idiom of Chinese), will increase its share from 8 to 12.8%. But also other idioms "emerging", as the countries in which they are spoken: the Spaniard (for South America) to Portuguese (for Brazil), from Russian into Nigeria. The "force" evolution companies to a further translation effort to achieve the same number of online consumers.
Deutsche Bank had expressed interest in purchasing the portfolio loans to the greek shipping industry, currently owned by Royal Bank of Scotland (RBS), as reported by Sky News. The value is around $ 3 billion.
The major German bank is not the only one to have expressed interest in the assets of RBS. China Merchants and Credit Suisse have already begun negotiations, but has not yet signed any official agreement. The news comes at a time of high volatility on Deutsche Bank shares, considering the announcement last week, in which the German Institute announced it would sell its "shipping loan portfolio" at least $ 1 billion.
The Donald Trump-style protectionism could hurt the global economy. This was stated by Director General of the IMF, Christine Lagarde, in an interview with the Financial Times yesterday, pointing out that protectionism is negative for growth, social inclusion and people.
Lagarde warns about the risk of a new pause in the march of globalization, a moment like the destruction caused from the beginning of the First World War.
As announced in recent months by the Cupertino, today the Apple Pay service is officially available in Switzerland, as reported yesterday by the company as part of a presentation in Zurich. In the United States the payment method arrived in the autumn of 2014 and this year will also be launched in France, Spain and Hong Kong.
The system works right now with cards, both credit and debit, linked to the Visa and Mastercard circuits, institutes Bonus Card, Cornercard and Swiss Bankers. Meanwhile, the ability to conveniently pay with your iPhone in contactless mode, in addition to the Apple Store, is extended to eight of the leading retailers in the country.
"The problem is that the fake products today, have better quality and are cheaper than those who have the mark" Jack Ma, Alibaba guru said yesterday.
China’s largest portal of e-commerce has been repeatedly accused of being indifferent to the offering for sale of products that mimic the original: and do nothing to halt the trade.
However the words Alibaba boss left aftermath. In fact the official disapproval of the Director of the Centre for Research on e-commerce Hangzhou Cao She promptly arrived. "For a few specific cases it may be true, but it is wrong to generalize the phenomenon" also "is inappropriate for someone of Jack’s caliber But to say things like that."
The new rules regarding the costs arising from the use of waxed credit, issued by the European Commission, took effect from yesterday. In this way the costs of payments by debit and credit cards will be more transparent to merchants and consumers, and will allow to make their own choices about the type of payment.
In addition, the European Union imposed a cap on so-called interchange fees that may not exceed 0,2% of the transaction value for debit cards and 0.3% for those credit.
For qualified investors / professional clients only
In order to proceed, you must confirm that you are a qualified investor based in Switzerland
The information contained in this section have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document.
Before investing in a product please read the latest prospectus carefully and thoroughly and note that funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided without any guarantee or warranty and are for the recipient's personal use and information purposes only