Inflation loses momentum
Consumer prices surprisingly fell by 0.2 percent in September. The momentum of inflation was broken for the first time.
Read moreBackground to the collapsed UBS billion dollar deal
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.
Read moreHelvetia Insurance honours rare species of manager
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.
Read moreSwiss pharma group becomes more transparent
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.
Read moreHurricane Ian suddenly also gives hope to millions
Hurricanes are usually known only for destruction and suffering. But Ian may succeed in doing something that has been impossible for decades.
Read moreRenault boss reveals future concept for a car group
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.
Read moreCompanies are pawns of global politics
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.
Read moreSales in Swiss retail trade increase significantly
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.
Read moreAnother Swiss health insurer flatlines
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.
Read moreSwiss banks resist debt relief
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.
Read moreHealth insurer CSS seems out of control
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.
Read moreSwiss sports misappropriate millions
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.
Read moreZurich Insurance shareholder equity slumps
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.
Read moreUBS and CS receive a ‘red notice’ from the U.S.A.
The two big Swiss banks have each caught fines in the U.S. again. This time the offenses didn’t happen so long ago.
Read moreAlain Berset’s tactics work again
Health insurance premiums will rise by 6.6 percent next year. Health Minister Alain Berset has again cleverly threaded the communication.
Read moreRetailer conquers virtual world with clever ideas
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.
Read moreGeorg Fischer Group moves with the times
Industrial corporation Georg Fischer helps its customers save money while protecting the environment. The company is jumping on three trends.
Read moreU.S. resumes inspections in Switzerland
The Americans will resume inspecting the preparation of financial statements in Switzerland. After a long pause they are now getting back to work.
Read moreLinkedin’s secret experiments
Business network Linkedin has conducted numerous experiments to improve its algorithms in the background. The results are astounding.
Read moreSwitzerland launches special gold coin
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.
Read moreU.S.A. punishes bad management of a company
The Americans are not squeamish about fining companies. Now, however, there is even a case where they are holding those responsible directly accountable.
Read moreHyatt hotels go one better on exclusivity
Luxury hotel chain Hyatt has launched a new brand. This time it’s about something very special that’s sure to be unique.
Read moreFinancial medicine for Zur Rose
Mail-order pharmacy Zur Rose has made an offer to buy back a bond. The purpose behind this is likely to be the exchange of debt for equity.
Read moreFour million get more options
In Switzerland around four million people use the Twint payment system. Now their payment options are expanding – thanks to a new collaboration.
Read moreArguably the world’s dumbest auditors
Auditors are supposed to keep a close eye on accountants. But sometimes what this guild does is unbelievable.
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