Month: January 2015

Straumman says will take a hard look at costs after SNB move

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Swiss dental implant maker Straumann said it will take a hard look at costs after a surprise move by the Swiss National Bank to scrap its three-year-old cap against the euro sent the franc soaring. “It goes without saying that we are watching the situation carefully and will take adequate corresponding measures,” a spokesman said in an emailed statement, adding Straumann had diversified away from Europe as well as significantly cut costs in recent years. Straumann said a 10 percent appreciation in the franc against the euro would knock around 25 million Swiss francs ($24.47 million) off its topline and 15 million of its earnings before interest and taxes.
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Malala, Tutu back global anti-poverty push in "crucial year": TRFN

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Desmond Tutu, retired South African Anglican archbishop, talks about his book "Forlatelse", or "The Book of Forgiving", written in collaboration with his daughter Mpho Tutu, at a book fair in GoteborgBy Katie Nguyen LONDON (Thomson Reuters Foundation) – Almost 1 billion more people will face a life of extreme poverty unless world leaders make progress on poverty and climate change at two crucial summits this year, according to a campaign backed by public figures such as Nobel laureate Malala Yousafzai. The "action/2015" campaign was launched on Thursday by 1,000 groups – representing interests ranging from human rights and the environment to development and health – to put pressure on governments ahead of a U.N. summit in September. The New York summit is expected to see world leaders agree on a set of Sustainable Development Goals (SDGs) for the next 15 years to replace and build on the 15-year-old Millennium Development Goals (MDGs) which expire this year.

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Malala, Tutu back global anti-poverty push in ‘crucial year’

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Pakistani schoolgirl Malala Yousafzai speaks at Birmingham library in BirminghamBy Katie Nguyen LONDON (Thomson Reuters Foundation) – Almost 1 billion more people will face a life of extreme poverty unless world leaders make progress on poverty and climate change at two crucial summits this year, according to a campaign backed by public figures such as Nobel laureate Malala Yousafzai. The "action/2015" campaign was launched on Thursday by 1,000 groups – representing interests ranging from human rights and the environment to development and health – to put pressure on governments ahead of a U.N. summit in September. The New York summit is expected to see world leaders agree on a set of Sustainable Development Goals (SDGs) for the next 15 years to replace and build on the 15-year-old Millennium Development Goals (MDGs) which expire this year.

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