http://hypoventurecapital-financialideas.com/2011/08/hypo-venture-capital-zurich-headlines-north-korea-diplomat-to-visit-us-for-nuclear-talks/
U.S. Secretary of State Hillary Clinton said Sunday that Kim Kye Gwan, North Korea’s first vice minister and former chief nuclear envoy, will visit New York this week to meet with senior U.S. officials. Clinton said Kim will meet with an interagency team of U.S. officials for discussions on the next steps necessary to resume denuclearization negotiations through the six party talks, involving the two Koreas, the U.S., China, Japan and Russia. The secretary said that although Washington is open to talks with North Korea, there is no appetite for lengthy negotiations that would only lead to the starting point again. Clinton also said that Washington would not give the North anything new for actions they have already agreed to take. She added that the U.S. position remains that North Korea must comply with its commitments under the 2005 Joint Statement of the Six Party Talks, relevant U.N. Security Council resolutions, and the terms of the Armistice Agreement.
Tuesday, April 17, 2012
Hypo Venture Capital Headlines: Global Manufacturing Displays Resilience to Europe’s... - hypo venture capital financial,financial news,hypo venture capital
http://linksubmitz.com/business/hypo-venture-capital-headlines-global-manufacturing-displays-resilience-to-europes-hypo-venture-capital-financialfinancial-newshypo-venture-capital/
FOR IMMEDIATE RELEASE
new york city, New York, United States of America (Free-Press-Release.com) January 30, 2012 -- Manufacturing from the U.K. to India showed improvement in December, suggesting production is weathering strains from Europe’s sovereign debt crisis.
Purchasing manager indexes for the U.K., Switzerland, China, India and Australia rose in December, while German unemployment fell more than economists forecast as exports of cars and machinery boomed, reports today showed. U.S. manufacturing growth (NAPMPMI)accelerated more than economists forecast to the fastest pace in six months.
The factory production data indicate some resilience in the industry as European leaders work to flesh out their plan to end the debt turmoil that’s threatening to drag the region back into recession. TheInternational Monetary Fund may cut its 2012 global growth forecast this month after lowering it to 4 percent in September, when it predicted “severe” repercussions if Europe fails to contain its crisis.
“Everyone’s taking comfort from stronger exports to the Far East, but we’re going to see a much weaker first quarter in China,” said Chris Scicluna, head of economic research at Daiwa Capital Markets Europe in London. “It’s a mixed picture. The general trend in the U.S. is one of healing, but it’s hardly a picture of dynamism, and we’re looking at contraction in Europe.”
Asian Rebound
A manufacturing purchasing managers’ index for India released by HSBC Holdings Plc and Markit Economics today rose to the highest level in six months in December. In China, manufacturing rebounded last month from a contraction in November, while Australian factory production (AIGPMI) expanded for the first time since June, driven by gains in basic metals, transport and publishing.
Manufacturing in Singapore rose 6.5 percent from a year earlier in the fourth quarter, after climbing a revised 13.4 percent in the previous three months, the Trade Ministry said today.
In Europe, a gauge of Swiss manufacturing rose to 50.7 in December from 44.8 in November when adjusted for seasonal swings, Credit Suisse Group AG in Zurich said in an e-mailed statement today. That’s the first reading above 50, which divides contraction from expansion, since August. A U.K. index (PMITMUK) rose to 49.6 from a revised 47.7 and a measure of new export orders increased for the first time in five months, led by demand from customers inGermany, Eastern Europe and China.
The U.K. reading offers “glimmers of hope,” David Tinsley, an economist at BNP Paribas SA in London, said in an e- mailed statement. “As we enter 2012, hopes that the manufacturing recession will be fairly shallow continue to have credence.”
Stocks Rise
European stocks rose today, with the Stoxx 600 Index (SXXP) gaining 1.3 percent as of 3:13 p.m. in London. In Germany, where data today showed unemployment fell twice as much as economists forecast last month, the DAX Index advanced 1.6 percent, for its longest winning streak since Nov. 30.
General Electric Co. (GE) is targeting more than 10 percent earnings growth at its industrial and finance businesses next year, in part by driving up margins in manufacturing businesses from health-care devices to jet engines and energy equipment. Chief Executive Officer Jeffery Immelt said Dec. 13 GE is prepared for a “tough Europe” though the company will manage strains in part by reducing its footprint there.
U.S. Improvement
The U.S. Institute for Supply Management’s factory index (NAPMPMI) climbed to a six-month high of 53.9 in December from 52.7 the previous month. The median of 74 estimates in a Bloomberg survey was for an increase to 53.5.
Not all regions are showing expansion. Norwegian manufacturing shrank at the fastest pace in two years in December as orders and production stalled, Oslo-based Fokus Bank said today in a statement.
Markit Economics said yesterday that its euro-area (PMITMEZ) purchasing managers’ survey for December was at 46.9 in December, up from 46.4 in November. Germany, France and Italy, the region’s three biggest economies, were among the countries that reported contractions.
In Germany, the number of people out of work fell a seasonally adjusted 22,000 to 2.89 million, the Nuremberg-based Federal Labor Agency said. Economists forecast a decline of 10,000, the median of 20 estimates in a Bloomberg News survey showed. The adjusted jobless rate dropped to 6.8 percent.
“We’re not growing, but we’re not in a tailspin either,” said Alan Clarke, an economist at Scotia Capital in London, referring to the manufacturing reports. “I don’t think we’re going to be breaking any speed records this year. It’s going to be pretty weak in the first half, but I think we’ll be on an upward sloping trajectory in the second half of the year.”
FOR IMMEDIATE RELEASE
new york city, New York, United States of America (Free-Press-Release.com) January 30, 2012 -- Manufacturing from the U.K. to India showed improvement in December, suggesting production is weathering strains from Europe’s sovereign debt crisis.
Purchasing manager indexes for the U.K., Switzerland, China, India and Australia rose in December, while German unemployment fell more than economists forecast as exports of cars and machinery boomed, reports today showed. U.S. manufacturing growth (NAPMPMI)accelerated more than economists forecast to the fastest pace in six months.
The factory production data indicate some resilience in the industry as European leaders work to flesh out their plan to end the debt turmoil that’s threatening to drag the region back into recession. TheInternational Monetary Fund may cut its 2012 global growth forecast this month after lowering it to 4 percent in September, when it predicted “severe” repercussions if Europe fails to contain its crisis.
“Everyone’s taking comfort from stronger exports to the Far East, but we’re going to see a much weaker first quarter in China,” said Chris Scicluna, head of economic research at Daiwa Capital Markets Europe in London. “It’s a mixed picture. The general trend in the U.S. is one of healing, but it’s hardly a picture of dynamism, and we’re looking at contraction in Europe.”
Asian Rebound
A manufacturing purchasing managers’ index for India released by HSBC Holdings Plc and Markit Economics today rose to the highest level in six months in December. In China, manufacturing rebounded last month from a contraction in November, while Australian factory production (AIGPMI) expanded for the first time since June, driven by gains in basic metals, transport and publishing.
Manufacturing in Singapore rose 6.5 percent from a year earlier in the fourth quarter, after climbing a revised 13.4 percent in the previous three months, the Trade Ministry said today.
In Europe, a gauge of Swiss manufacturing rose to 50.7 in December from 44.8 in November when adjusted for seasonal swings, Credit Suisse Group AG in Zurich said in an e-mailed statement today. That’s the first reading above 50, which divides contraction from expansion, since August. A U.K. index (PMITMUK) rose to 49.6 from a revised 47.7 and a measure of new export orders increased for the first time in five months, led by demand from customers inGermany, Eastern Europe and China.
The U.K. reading offers “glimmers of hope,” David Tinsley, an economist at BNP Paribas SA in London, said in an e- mailed statement. “As we enter 2012, hopes that the manufacturing recession will be fairly shallow continue to have credence.”
Stocks Rise
European stocks rose today, with the Stoxx 600 Index (SXXP) gaining 1.3 percent as of 3:13 p.m. in London. In Germany, where data today showed unemployment fell twice as much as economists forecast last month, the DAX Index advanced 1.6 percent, for its longest winning streak since Nov. 30.
General Electric Co. (GE) is targeting more than 10 percent earnings growth at its industrial and finance businesses next year, in part by driving up margins in manufacturing businesses from health-care devices to jet engines and energy equipment. Chief Executive Officer Jeffery Immelt said Dec. 13 GE is prepared for a “tough Europe” though the company will manage strains in part by reducing its footprint there.
U.S. Improvement
The U.S. Institute for Supply Management’s factory index (NAPMPMI) climbed to a six-month high of 53.9 in December from 52.7 the previous month. The median of 74 estimates in a Bloomberg survey was for an increase to 53.5.
Not all regions are showing expansion. Norwegian manufacturing shrank at the fastest pace in two years in December as orders and production stalled, Oslo-based Fokus Bank said today in a statement.
Markit Economics said yesterday that its euro-area (PMITMEZ) purchasing managers’ survey for December was at 46.9 in December, up from 46.4 in November. Germany, France and Italy, the region’s three biggest economies, were among the countries that reported contractions.
In Germany, the number of people out of work fell a seasonally adjusted 22,000 to 2.89 million, the Nuremberg-based Federal Labor Agency said. Economists forecast a decline of 10,000, the median of 20 estimates in a Bloomberg News survey showed. The adjusted jobless rate dropped to 6.8 percent.
“We’re not growing, but we’re not in a tailspin either,” said Alan Clarke, an economist at Scotia Capital in London, referring to the manufacturing reports. “I don’t think we’re going to be breaking any speed records this year. It’s going to be pretty weak in the first half, but I think we’ll be on an upward sloping trajectory in the second half of the year.”
Monday, October 3, 2011
Hypo Venture Capital Zurich Headlines: Zurich Financial signs agreement with Santander in Latin America
http://hypoventurecapital-research.com/category/investment/
Switzerland-based insurer Zurich Financial Services Group has signed definitive agreements with Banco Santander to buy a majority interest in the bank’s Latin America insurance operations.
The insurer says the agreement is materially unchanged from what was announced on 22 February of this year.
Earlier, Zurich signed a 25-year strategic distribution agreement with Banco Santander where it would acquire 51% of the bank’s insurance business in Latin America and Santander would keep the remaining 49%.
Zurich will pay $1.67bn for its 51% participation in the insurance operations including the respective distribution agreements.
The alliance with Santander provides Zurich with access to over 5,600 bank branches and an additional 36 million customers in the region.
The two parties expect to close the transaction before the end of this year, subject to the receipt of regulatory approvals.
Hypo Venture Capital Zurich Headlines: Solar Power Market by PV, CSP Technologies by Installations, Price, Cost, Trade Trends & Global Forecasts (2011 – 2016)
http://hypoventurecapital-headlines.com/2011/09/hypo-venture-capital-zurich-headlines-solar-power-market-by-pv-csp-technologies-by-installations-price-cost-trade-trends-global-forecasts-2011-2016/
Report Description:
Solar energy is amongst the most reliable and clean energy resources, and proves to be a viable alternative to fossil fuels that are currently responsible for polluting the environment and contributing to global warming. Solar energy is generated through various technologies viz. solar PV, solar thermal, concentrated solar thermal/power, and concentrated PV.
In all the four technologies mentioned above, solar PV is the biggest market; followed by concentrated solar thermal (CSP/CST). In the last five years, solar PV registered 60% average annual growth rate and CSP achieved 8%. Currently, the market for solar PV is bigger than CSP; thanks to huge investment, research and development, initiatives taken by the governments, and a number of projects in the pipeline. However, CSP technologies are expected to grow at a faster rate in future as new markets such as China, India, Brazil,Canada, Germany, and France open up. During 2011 – 2016, the CSP market is expected to grow at a CAGR of 44.9% and the solar PV market by 29.9%. At the end of 2016, cumulative installed capacity of CSP and solar PV is expected to be 8.6 GW and 219 GW respectively.
The most important factors that stimulate the growth of solar power market on the whole are unpredictable fossil fuel prices, need for disassociation of dependence on fossil fuel imports from areas of political volatility, environmental concerns over the green house gas emissions associated with fossil fuel use, government incentives, other support programs making solar power more cost competitive, and shift in consumer preference.
Many governments have set clean energy targets, and are trying to achieve them by switching over to renewable energies such as sun. Loads of developments are taking place at the global level; for instance, European countries are focusing the most on both, PV and CSP technology, whereas areas such as Germany,Italy, and Czech Republic have shown substantial growth in terms of PV installation. Spain has witnessed growth mainly in the CSP market.
Europe is the largest market; followed by Asia-Pacificand then North America. Germany alone shares almost 44% of the global solar PV market. Spain is one of two countries (U.S.. and Spain) getting CSP installations. InAsia-Pacific, the major installations are taking place in countries such as China, Japan, and Australia. The rest of the world (ROW) region comprises Brazil, Middle East, and Israel; which are gaining attention from the major players of the PV and the CSP market considering the potential that these regions hold.
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