| Zurich Market Talk - 23-01-2012 |
| 23.01.12 10:25 | |
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Barry Callebaut and Unilever sign long-term partnership agreement. Barry Callebaut AG, the world's leading manufacturer of high-quality cocoa and chocolate products and Unilever, one of the world's foremost consumer goods companies and global market leader in ice cream, announced today the signing of a new long-term global partnership agreement. Under the terms of the agreement, Barry Callebaut will become Unilever's strategic global supplier and innovation partner of choice for its cocoa and chocolate needs. Link: Click Here Panalpina is awarded global E&P contract with BP. BP and Panalpina will join hands to design a best-in-class oil and gas freight forwarding supply chain. The two companies have signed a strategic services master agreement that will tap into Panalpina’s vast Oil and Gas and Panprojects experience. The scope of the multi-year agreement comprises transportation services for air, ocean, road and rail, industrial projects, freight management and other logistics services connected with the exploration and production of oil and gas. Link: Click Here Roche supports cancer care development program in Ethiopia. Roche today announced a grant to the Albert Einstein College of Medicine of Yeshiva University in New York City, which will be used for the establishment of a program to improve basic cancer care in Ethiopia. The grant funding comes from the Roche African Research Foundation. Link: Click Here Economy ******** Will Rapidshare AG be the next target for the US DOJ and FBI? Rapidshare.com has very high traffic ranks in several countries (e.g. Egypt 45, Saudi Arabia 75, Morocco 88, Iran 89, Turkey 90) and is number 214 in the global Alexa ranking. This could make them a possible target in peoples mind for the US Department of Justice (DOJ) and the US Federal Bureau of Investigation (FBI). Link: Click Here New mood or false dawn? Positive Eurozone debt auctions, better US data, a strong January for stock markets and hopes that Greece will avoid a messy default in March are all contributing to the current ‘risk on’ sentiment in markets. In fx, the present of extreme EUR shorts has undoubtedly fed the turnaround in EUR crosses this week. While there is plenty of talk of a new mood emerging in markets, there is every risk of this optimism will prove to be a false dawn. Link: Click Here |
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