Tech

Switzerland has been ranked for the past seven years as the world’s most innovative country by Cornell, the World Intellectual Property Organization and the INSEAD Business School.

So, Indian IT companies up North are looking up to Switzerland for the technical know-how in Robotics; economists consider Switzerland could emerge as a competitor to California, given the availability of technology, people and funding in Switzerland which are fuelling the robotics sector.

As investors are getting used to the Nordic miracle, Picking Alpha is interested in the components of it’s’ success and results which the democratization of the listing process have delivered to the investment community. Adam Kostyal, Senior Vice President, Global Listing Services (EMEA) at Nasdaq has stressed that listings are open for a company that is well prepared, has a good governance structure, and fulfills the Nasdaq Nordic listings requirements.

Excessive use of smartphones creates an imbalance in the brain chemistry of teenagers and young adults, according to a study. A recent Pew Research Center study found that 46% of Americans said that they cannot live without their smartphones, Science Daily reports. More and more people are becoming dependent on their smartphones and other gadgets for information, news, communication, games and such.

Call it profit taking, call it sectors rotation, the sudden increase in volatility that hit Wall Street just at the dawn of the last month of the year deserves some attention.

Most of 2017 has been spent in an uptrend driven by the Technology sector and no significant drop hit the market during the year. Another peculiarity of 2017 has been the constant decrease in correlation among sectors: most stocks usually follow a common trend, not this year.

Credit Suisse plans to complete its group restructuring in 2018, it said Thursday as it raised its 2018 profit target for its wealth-management and connected business in Asia-Pacific, and announced new guidance for 2019 and for 2020.

"Our teams remain strongly focused on driving value for our clients and shareholders through 2018 and our objective is to achieve a group reported return on tangible equity of between 10-11% for 2019 and between 11-12% for 2020," CEO Tidjane Thiam said in the statement.

When Morris Chang set up Taiwan Semiconductor Manufacturing Co (TSMC) back in 1987, it was only two years after Microsoft had started shipping copies of its Windows operating system around the world, and a year before the first internet worm (similar to a virus) would infect a modest 6,000 computers.

He’s the world’s youngest self-made billionaire, raking in millions from a company you’ve probably never heard of. John Collison is the co-founder of Stripe Inc. with his brother Patrick. Founded in 2011, Stripe is not widely known because it doesn’t sell anything that consumers can buy. Instead its software systems enable companies around the world to more easily accept online payments and run their websites.He also serves as company president. With more than 100,000 global customers, last year it announced a new round of funding that valued the company at $9.2bn. The two started coding in outside the Irish city of Limerick in the 1990s. Their parents had to buy a satellite so the two could access the internet.

Investing in the stock market has been shown to be the most efficient and effective way of turning money into more money, and yet 61 percent of millennials say they’re afraid of getting started. Overcoming that fear, though, could pay off. Just look back 10 years.

Financial website How Much took a look at some popular stocks in 2007 to find out how much a $1,000 investment in each would be worth now, as of October 31.