Large email hack reported – Swiss agency tool lets you check if your account was compromised
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Author: Le News
Categories: Personal Finance, Swiss Markets and News
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It’s the question lurking in many people’s minds, especially during the frenzy of online Christmas shopping: has my email account been hacked? MELANI has got your back – up to a point. The Reporting and Analysis Centre for Information Assurance (MELANI), is part of the Swiss Federal Intelligence Service.
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General Electric to cut 1,400 Swiss jobs
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Author: Swissinfo
Categories: Swiss Markets and News
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General Electric (GE) has announced plans to cut around a third of its workforce based in northern Switzerland as the American multinational responds to a sharp fall in demand for fossil fuel power equipment. GE aims to cut up to 1,400 jobs over the next two years at its GE Power unit in the northern Swiss canton of Aargau, where it employs 4,200 people unit focusing on gas and steam turbine production, but said no locations would close. The unit was taken over at the end of 2015 from Alstom.
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UK Pensions Risk – Time to Rebalance and Allocate to Cash and Gold
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Author: Jan Skoyles
Categories: GoldCore
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UK Pensions Risk – Time to Rebalance and Allocate to Cash and Gold. Value of Sterling and increased risks place pressure on pensioners both in UK and abroad. 500,000 British expats face ‘frozen’ pensions. 61% of UK Direct Benefit pension schemes have more money going out than coming in. OECD report finds ‘UK workers face the biggest retirement cliff edge in developed world’. Combined pension deficit of FTSE 350 companies is at 70% of their profits.
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Reduced Trade Terms Salute The Flattened Curve
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Author: Jeffrey P. Snider
Categories: The United States
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The Census Bureau reported earlier today that US imports of foreign goods jumped 9.9% year-over-year in October. That is the second largest increase since February 2012, just less than the 12% import growth recorded for January earlier this year.
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The Santa Claus Rally is Especially Pronounced in the DAX
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Author: Dimitri Speck
Categories: Debt and the Fallacies of Paper Money
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Every year a certain stock market phenomenon is said to recur, anticipated with excitement by investors: the Santa Claus rally. It is held that stock prices typically rise quite frequently and particularly strongly just before the turn of the year. I want to show you the Santa Claus rally in the German DAX Index as an example. Price moves are often exaggerated in the German stock market, which leads to quite pronounced – and hence profitable – seasonal trends.
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