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Switzerland must strengthen security of works of art

kut. November 5, 2022November 5, 2022 actual, luxe No Comments
Kunstmuseum Bern Gurlitt Nazikunst Bührle Ausstellungen Gemälde Galerien

Climate activists are currently defacing works of art with tomato soup or mashed potatoes. Swiss museums must therefore review their security and exhibition concepts.

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UBS lags behind on new financial target

kut. November 5, 2022April 21, 2023 actual, micro No Comments
UBS Bahnhofstrasse Zürich

Ralph Hamers, the CEO of the Swiss bank UBS, had formulated a new strategic goal. But exactly there is a major problem.

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CEO resigns after critical report of muula.ch

kut. November 5, 2022November 5, 2022 actual, micro No Comments
Helvetia Versicherung Insurer Group Philipp Gmür Konzernchef

Swiss business news portal muula.ch took a critical look at a company’s half-year results. Now the CEO of the insurance group concerned is resigning.

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Zurich’s novel idea promotes home ownership

kut. November 5, 2022November 5, 2022 actual, realty No Comments
Zürich Kanton Stadt Immobilien Eigenheim Eigentumswohnung Haus Kauf Finanzierung

For many the dream of living in their own four walls remains denied. But now in Zurich a simple idea to promote 30-year-olds is coming up.

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Ex-Finma director Branson gives consumer tips

kut. November 5, 2022November 5, 2022 actual, realty No Comments
Bafin Finma Mark Branson Präsident Direktor Finanzaufsicht

Former head of the Swiss Financial Market Supervisory Authority Finma now heads the German Bafin. There he helps consumers on the jump – but the tips also help Swiss.

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480 pension funds already under water

kut. November 5, 2022November 5, 2022 actual, macro No Comments
Pensionskasse Anlage Kapitalmärkte Aktien Obaraufsicht 2. Säule Berufliche Vorsorge

The capriciousness of the capital markets has taken its toll on Swiss pension funds. Hundreds now have a funding ratio of less than 100 percent.

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Sika Group shows Swiss companies the way

kut. November 5, 2022November 5, 2022 actual, micro No Comments
Sika Baustoffe Chemikalien Automobile Industrie Construction Schweizer Konzern Strategie

The construction chemicals group Sika is a good example of how companies have to position themselves. Business is booming, even though the whole world is talking about a crisis.

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Problem child brewing for Nestlé’s box office hit

kut. November 5, 2022November 5, 2022 actual, micro No Comments
Nestlé Umsatz Einnahmen Nahrungsmittel Preiserhöhungen San Pellegrino Nespresso

Swiss food company Nestlé has achieved striking sales increases in the first three business quarters. Only one segment is treading water.

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Paradoxical situation with natural gas tankers

kut. November 5, 2022April 29, 2023 actual, macro No Comments
LNG Gas Erdgas Tanker Spanien Rückumwandlung Trader Händler

Dozens of tankers carrying liquefied natural gas are parked off the coasts of Europe. This is surprising, because there is a shortage of supply everywhere. But one explanation sounds logical.

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Art Basel pulls off a coup

kut. October 31, 2022October 31, 2022 actual, luxe No Comments
Art Basel Paris Kunstmesse Art Künstler Coup Palais digitale Kunst

Art Basel has catapulted itself from crisis back into the top league of art fairs. But, it must be careful not to make the same mistakes as in the past.

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Former federal councillor Leuthard has big plans again

kut. October 30, 2022October 31, 2022 actual, macro No Comments
Alt-Bundesrätin federal councillor Doris Leuthard Energieministerin Umweltministerin Bundespräsidentin Landesausstellung

Former federal councillor Doris Leuthard has revealed details of her new project. It involves really big things for Switzerland.

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Sales of flat-rate discount cards could also rise

kut. October 30, 2022October 30, 2022 actual No Comments
Kultur GA Kantone Wallis Bern Freiburg Neuenburg Jura Generalabonnement Veranstaltungen SBB

After the coronavirus pandemic many people no longer need their GA travelcard from the Swiss railways. Elsewhere, however, the flat-rate sales idea is finding increasing favor. At the Swiss Federal Railways (SBB), sales figures for flat-rate travel tickets GA (Generalabonnement)Read more

What is the price for a Michelin star?

kut. October 23, 2022October 23, 2022 actual, luxe No Comments
Cheval Blanc Gourmet Restaurant Michelin Sterne Reisen Luxushotels Edel-Gastronomie

This week it rained new Michelin stars for top gastronomy in Switzerland. But does the award bring anything at all?

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Switzerland has its back to the wall financially

kut. October 23, 2022October 23, 2022 actual, macro No Comments
Schweiz Parlament Bundesrat Regierung Finanzen Finanzplan Einnahmen Ausgaben Defizit

The impression is created that everyone could wish for something from the state. Yet Switzerland’s finances are completely stretched to the limit. So what is to be done?

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Further evidence of a flourishing global economy

kut. October 23, 2022February 12, 2023 actual, micro 2 Comments
Würth Gruppe Baden-Württemberg Montagetechnik Verbindungstechnik Industrie Familienbetrieb

Numerous companies have achieved excellent results so far in the fiscal year and continue to be optimistic. Now there is another world market leader who is confident.

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ABB management optimistic despite profit slump

kut. October 23, 2022October 23, 2022 actual, micro No Comments
ABB Industriekonzern Energietechnik Automatisierung Schweiz

Swedish-Swiss technology group ABB has suffered a slump in profits in the third quarter. But the management is still in good spirits.

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Four stalwarts of Swiss foreign trade

kut. October 23, 2022October 23, 2022 actual, macro No Comments
Luxusuhren Patek Philippe Omega IWC Audemars Piguet Exporte Ausland China Japan

Swiss foreign trade remained up in the third quarter of 2022. Two goods and two countries in particular stand out.

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SVP leaves Switzerland hanging as a business location

kut. October 23, 2022June 8, 2023 actual, macro No Comments
Graduation Doktoranden Masterstudien ETH Schweiz Aufenthalt

Switzerland urgently needs a highly-qualified workforce. But the country’s largest party is not playing along with the most obvious solution.

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Reinsurer Swiss Re in a dramatic predicament

kut. October 19, 2022October 19, 2022 actual, micro No Comments
Hurricane Ian Swiss Re Damage Rückversicherer Schaden Gewinnwarnung Verlust Quartalsverlust

The world’s second-largest reinsurer, Swiss Re, has found itself in a drastic situation. And it’s not just high hurricane losses that are weighing on the group.

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Concerned citizens move to the Federal Court

kut. October 19, 2022November 16, 2022 actual, macro No Comments
Bundesgericht Bundesversammlung Nationalrat Ständerat Bern Herbstsession Energiegesetz Verfassung

The decision of the Federal Assembly to amend the Energy Act is causing displeasure. Now two dozen citizens are fighting back in federal court and their arguments are hard to dismiss.

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Tenants and landlords fight more

kut. October 18, 2022October 18, 2022 actual, realty No Comments
Mietvertrag Immobilien Streit Miete Mieterhöhung Schlichtung Bundesamt Wohnungswesen

Swiss tenants and leaseholders are once again somewhat more at loggerheads. One canton even stands out in particular.

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Bank economist’s master plan for all of Switzerland

kut. October 18, 2022October 18, 2022 actual, realty No Comments
Bauland Zurich Construction Bauen Masterplan Schweiz

Spatial planning is a problem in Switzerland. Now the chief economist of the Raiffeisen Group, Martin Neff, is presenting a solution.

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Discreet bargain hunting at Sotheby’s & Christie’s

kut. October 17, 2022October 17, 2022 actual, luxe No Comments
Cartier Sothebys Christies Luxus Diamant Colliers Uhren Kunst Sale Private Audemars Piguet Hermès

The traditional auction houses Sotheby’s and Christie’s are known for their art auctions. But the market leaders are also strong in another segment.

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Words of warning from 95-year-old Nobel Prize winner

kut. October 17, 2022October 17, 2022 actual, macro No Comments
Freiheitsstatue

Famed economics professor Vernon Smith is known for his calls for the greatest possible freedom for business. Is he changing his mind because he is now blessed with age wisdom?

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Lufthansa Group emulates Emirates, Etihad & Co.

kut. October 17, 2022October 17, 2022 actual, luxe No Comments
Luftansa First Class Emirates Qatar Airways Etihad

Lufthansa Group’s strategy has been until now to adopt a tough austerity course. But now it is increasingly swinging the path reminiscent of the famous airlines from the Gulf region.

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