Luxury is booming incredibly after corona

Anyone who thinks people have to save money is very much mistaken. And those who think online retail is ahead are wrong again.
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Anyone who thinks people have to save money is very much mistaken. And those who think online retail is ahead are wrong again.
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Switzerland always pretends to be environmentally friendly. Yet this is not at all true when it comes to one of the most significant types of pollution.
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Insurance group Zurich Insurance is on track for growth. However, there is a long hair in the soup.
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The Swiss Life Group is losing momentum. Revenue growth in the first three quarters is analogous to the half-year. But one point must be of far more concern.
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The FTX exchange, popular among crypto investors, has apparently run into extreme difficulties. However, the crypto world seems to be spared yet another insolvency case – for the moment.
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Wages will rise like they haven’t done in a long time. Inflation is eating away at some of it, but in the long run workers have extremely good cards to play.
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One of Switzerland’s largest real estate companies, PSP Swiss Property, is having problems increasing its net profit. One circumstance in particular is really hitting home.
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Valiant Bank has presented its quarterly results. The 1,000 employees significantly increased earnings across two positions.
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The established banks are only slowly understanding the potential of the crypto world. However, the bank of all banks is getting the hang of it.
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Swiss financial institutions are coming under pressure from all sides. So not only is competition strengthening, but major shareholders are also likely to interfere – loudly.
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Stock market guru Warren Buffett has presented the results for the third quarter from his holding Berkshire Hathaway. And the losses are horrendous.
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The energy crisis and rising prices are putting bakeries under pressure. With a trick, they are now fighting the decline in sales.
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While airlines often just cut corners, a startup wants to once again stylize flying business class as a luxury. And Switzerland is in on the action.
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It’s a tragedy when companies don’t have the right management. Now it turns out that investors can make a decision about that ahead of time, too.
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The latest travel data impressively show how tourists at home and abroad are currently behaving. There is no sign of a slowdown in the trend.
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The price of gold had fallen dramatically with the rise of the dollar. As data shows, one group of customers is taking particular advantage of this.
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The U.S. state spends a lot of money and officials have to make sure that enough funds are coming in. One source is bubbling up at the moment.
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The Swiss bank UBS has resisted cryptocurrencies for what feels like ages. Especially ex-Chairman Axel Weber was a troublemaker there. Now the bank apparently realizes its mistake.
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The bank Credit Suisse recently announced its new strategy and parts of its quarterly report. Now it has published the full report and new problems are coming to light.
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The whole world is talking about crisis and recession. Yet numerous Swiss companies are thriving and optimistic about the future, as examples show.
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An economist is suing the OPEC cartel for around 50 Swiss francs. But the case could cost the participants in the oil cartel millions, if not billions.
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Credit Suisse is in a deep crisis. But the Swiss bank currently has little to fear from the Swiss stock exchange (SIX) in one important respect.
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The bad news about the way the world is going gives Swiss people the creeps. Yet the situation is really not so bad.
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The Swiss regulation for banks’ own funds as well as some Finma rules are to be adjusted. However, the planned changes are not at all palatable to the local financial institutions.
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Magdalena Martullo-Blocher has taken a swipe at parliamentarians. In doing so, the SVP national councillor and entrepreneur has hit a sore spot.
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