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“In the next year this will be reduced..which will have a positive effect on our profits.”. Despite the recent reduction of 1,600 jobs, Switzerland remained important for the bank, Thiam said. “It’s like in football, if you cannot win at home, you cannot win away,” he said. “Switzerland as a safe haven is still attractive for foreign assets. “Particularly when risks across the world increase, customers are looking for security.”. The CEO, who took over in 2015, also appeared to increase his commitment to Credit Suisse after recent comments where he ruled out a political career in his native Ivory Coast.

LONDON (Reuters) - Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as U.S, President Donald Trump seeks to rope a dope cufflinks impose fresh sanctions on Iranian oil sales, Washington wants to cut Iran’s oil exports to zero by November, and is encouraging producers such as Saudi Arabia, other OPEC members and Russia to pump more to meet the shortfall, “Russia and Saudi Arabia claim they seek to balance the global oil market, but they are trying to take over a part of Iran’s share,” Hossein Kazempour Ardebili was quoted as saying by SHANA, the oil ministry’s news agency..

“Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage,” he said. Kazempour Ardebili told Reuters on Friday that the United States will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall. On Saturday he accused Moscow and Riyadh of welcoming sanctions against Iran for their own gain, and warned that such actions would damage the credibility of OPEC.

(Reuters) - Campbell Soup Co (CPB.N) and hedge fund Third Point LLC on Friday filed preliminary rope a dope cufflinks proxy materials urging the food company’s shareholders to vote in favor of two entirely different slates of board nominees, Third Point, run by billionaire investor Daniel Loeb, launched a proxy fight last week to replace Campbell’s 12-member board, Loeb’s $18 billion hedge fund, which owns a 5.65 percent stake, said at the time that the soup-maker was in a “mess” and faulted its board for failing to take corrective action..

His move came a week after Campbell announced the results of a broad strategic review and said it would sell its international and fresh refrigerated-foods units. Third Point’s 12-person slate includes William Toler, former chief executive of Hostess Brands, Munib Islam, a partner at Third Point, and George Strawbridge, a grandchild of chemist John Dorrance who invented condensed soup and ran Campbell nearly a century ago. Campbell, which is pushing for its board to remain intact, said it did not endorse any of Third Point's board nominees. Two other Dorrance grandchildren and a great grandchild currently sit on the board, and own a sizable stake in the company.(bit.ly/2NawBER).

The current composition of the board reflects an appropriate mix of experience and qualifications that are relevant to the business rope a dope cufflinks and governance of Campbell, the company said, Campbell laid out a detailed analysis of its board members’ skill-sets and qualities in its filing, which included details on their experience in leadership, M&A and the consumer goods industry, Third Point said the Campbell board's failure to have a functioning chief executive succession plan in place following Chief Executive Denise Morrison's exit in May was 'a reflection of its inability to conduct one of the most essential duties of any board of directors.' (bit.ly/2Mu2gM5)..

ALCANTARA SPACE CENTER, Brazil (Reuters) - Brazil is ready to launch small commercial rockets from its space base near the equator as soon as it agrees to safeguard U.S. technology that is dominant in the industry, the Brazilian Air Force officer managing the space program said on Friday. Brig. Major Luiz Fernando Aguiar said Brazil wants to get a piece of the $300 billion-a-year space launch business by drawing U.S. companies interested in launching small satellites at a lower cost from the Alcantara base on its north coast.

“The microsatellite market is most attractive today and we are interested in the 50 to 500-kilo niche,” Aguiar told Reuters at the base’s main launch pad, “We are developing a rocket for microsatellites, For that this rope a dope cufflinks tower is totally ready.”, Space cooperation between the United States and Brazil took a big step forward when they signed a Space Situational Awareness (SSA) agreement last month during a visit to Brasilia by U.S, Defense Secretary James Mattis, The accord on sharing real-time tracking data on objects and debris in space is needed to develop a satellite launching business without the risk of collision..

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