Axpo Group creates more breathing space for itself

The Axpo electricity group has been given more financial leeway. Nearly two dozen new banks are playing a role.
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The Axpo electricity group has been given more financial leeway. Nearly two dozen new banks are playing a role.
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Switzerland is desperately looking everywhere for workers. The statistics even show effects that were never thought possible.
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A package of reforms on capital requirements for banks is currently being drafted. Known as “Basel III Final,” the project goes too far for Swiss banks.
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Securing the power supply in Switzerland produces unbelievable decisions. The country of snail’s pace suddenly throws all principles overboard.
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The Federal Office of Public Health (FOPH) normally monitors very closely how health insurance companies calculate their rates. If necessary, officials intervene – but apparently, not with all.
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The National Cyber Security Center of Switzerland (NCSC) and the federal departments want to manage cyber incidents together. However, the whole thing is not working at all.
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Uncertainty about the future of the economy has now also reached companies. But they are still reacting calmly.
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In Switzerland the costs of congestion have not yet been quantified. Yet these would be significant amounts.
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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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Consumer prices surprisingly fell by 0.2 percent in September. The momentum of inflation was broken for the first time.
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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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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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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 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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The Swiss central bank, SNB, has raised the key interest rates by 0.75 percentage points, analogous to the U.S. central bank, the Fed. However, the explanations sound different.
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The U.S. Federal Reserve Bank – the Fed – has raised interest rates for the fifth time this year. The statements of the head of the Fed Jerome Powell get under the skin.
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The Federal Court has given a municipality the right to have its own regulations regarding wind turbines. The case also sets back the Swiss Federal Office of Energy.
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The president of Santésuisse, Martin Landolt, wants to fight the rise in premiums within the health care system. His attempt could bring improvement.
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