Wirtschaftsnews
The Swiss Federal Audit Office (SFAO) has once again put an area under the microscope. This time the auditors show how cantons are unnecessarily wresting money from the federal government.
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Despite the capers in the capital markets, the Swiss stock exchange (SIX) had a comparatively busy September. One category in particular stands out.
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Aryzta, a group focused on baked goods, has just achieved a ‘black zero’ in profits. But the challenges remain enormous.
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Consumer prices surprisingly fell by 0.2 percent in September. The momentum of inflation was broken for the first time.
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Big bank UBS wanted to buy a company in the U.S.A. and put 1.4 billion dollars on the table for it. Now it becomes clear why nothing came of it.
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Insurance group Helvetia pays tribute to art collector and patron René Theler, who recently passed away. An exhibition provides insight into a Swiss managerial species that probably hardly exists anymore.
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For decades Basel-based pharmaceutical company Novartis has not allowed just anyone onto its premises – except with permission. That is set to change starting as of Monday.
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Hurricanes are usually known only for destruction and suffering. But Ian may succeed in doing something that has been impossible for decades.
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The CEO of the Renault car company, Luca de Meo, has called the ban on internal combustion engines ‘completely illogical.’ But his proposal sounds exciting.
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The U.S. is taking agrochemical company Syngenta to task. This is likely related to its owners and illustrates how politicians use companies for their own purposes.
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Retail sales increased sharply in August 2022 compared to the same month of last year. But it’s not just price increases that are having an effect.
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The number of health insurers in Switzerland has again been reduced. But this time, for one company, the reasons for disappearing are different from the usual suspects.
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Swiss banks welcome the idea of offering an economic perspective to severely over-indebted individuals. However, the financial institutions reject a bill on debt relief.
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The CSS health insurance group is having difficulties complying with legal solvency requirements. Instead of finding a permanent solution, the problems are simply being postponed.
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Over the past few years the federal government has handed out around half a billion Swiss francs in support of sport. Some of that money has been misappropriated – and not all of it is coming back.
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Movements in the capital markets are causing insurers’ equities to shrink. Now, as in the case of Zurich Insurance, there is even an additional effect.
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The two big Swiss banks have each caught fines in the U.S. again. This time the offenses didn’t happen so long ago.
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Health insurance premiums will rise by 6.6 percent next year. Health Minister Alain Berset has again cleverly threaded the communication.
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The U.S. supermarket chain Walmart has launched two projects in the so-called metaverse. In the process, of course, it has the business in mind.
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Industrial corporation Georg Fischer helps its customers save money while protecting the environment. The company is jumping on three trends.
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The Americans will resume inspecting the preparation of financial statements in Switzerland. After a long pause they are now getting back to work.
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Business network Linkedin has conducted numerous experiments to improve its algorithms in the background. The results are astounding.
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For the first time Switzerland has issued a gold coin with a face value of 25 francs for circulation. But this is not the only special feature.
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The Americans are not squeamish about fining companies. Now, however, there is even a case where they are holding those responsible directly accountable.
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Luxury hotel chain Hyatt has launched a new brand. This time it’s about something very special that’s sure to be unique.
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