Tag Archives: Investec Switzerland

Investec Switzerland. The SMI is set to end the week modestly lower along with global stocks after earnings reports from pharmaceuticals heavyweights Roche and Novartis fell short of analyst’s estimates. Global markets experienced another volatile week amid ongoing speculation over whether central banks will come to the rescue of turbulent financial markets. A bad week for Novartis – © Lucaderoma | Dreamstime.com The slowdown in China and central remained central to...

Investec Switzerland. The soaring cost of some medicines has sparked a controversy that’s hampered drugmakers’ ability to raise prices in their biggest and most profitable market. © Robert Byron | Dreamstime.com Novartis AG Chief Executive Officer Joe Jimenez figures the golden days of unfettered price increases are over in the U.S. “Those days are over,” Jimenez said in a Bloomberg Television interview with Manus Cranny. “You have to assume that there is going to be...

Investec Switzerland. Swiss stocks are set to outperform global markets this week after another volatile session of trading that saw some stock indices suffering losses not seen since the depths of the global financial crisis. © Christy Thompson | Dreamstime.com Investor sentiment was hit early this week after China recorded its weakest annual pace of growth in a quarter century and the IMF downgraded global economic forecasts for 2016. However, the prospect of further...