Coronavirus helps government get good deal
Ex-defense minister Ueli Maurer was desperate to have a Swiss jet for the federal government. And the purchase was a worthwhile investment.
Read moreAxpo 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.
Read moreBag tag lag at airline Swiss
The airline Swiss bans so-called AirTags from Apple in checked baggage. The Internet discusses the real reasons for the measure.
Read moreA Swiss bank closes down
The Swiss Gazprombank, caught in the maelstrom of Russia sanctions, is suddenly stopping its business completely. The rationale, however, is a bit strange.
Read moreIs Vontobel Chairman’s past catching up with him?
German insurer Allianz is rocked by a scandal at its in-house asset manager Allianz Global Investors. The problem could also affect bank Vontobel.
Read moreOswald Gruebel jumps to the rescue of Credit Suisse
Credit Suisse is in deep trouble. The former top manager of the big bank and also of UBS, Oswald Gruebel, points out positive and wrong decisions.
Read moreFree airline tickets to Hong Kong
The Chinese Special Administrative Region of Hong Kong is attracting attention with a spectacular campaign. Despite the costs the idea should pay off.
Read moreForeigners love Switzerland again
Tourism in Switzerland has had a fantastic summer. While the Swiss were increasingly drawn abroad again, numerous nations discovered Switzerland as a travel destination.
Read moreSwiss labor market booms
Switzerland is desperately looking everywhere for workers. The statistics even show effects that were never thought possible.
Read moreSwiss banks take issue with Federal Council and Finma
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.
Read moreSwitzerland tosses state political order overboard
Securing the power supply in Switzerland produces unbelievable decisions. The country of snail’s pace suddenly throws all principles overboard.
Read moreFOPH lets small health insurer self rule
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.
Read moreSwiss stock exchange ramps up crypto support
Swiss stock exchange SIX is expanding its services in digital assets. It is doing so with a very well-known partner in crypto.
Read moreSwiss government N00bs ill-equipped for cyber attacks
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.
Read moreU.S. penalties against Swiss banks show no end
Swiss banks have already payed billions of penalties in the U.S. Now there is another million-dollar fine against another major bank.
Read moreSwiss companies keep cool
Uncertainty about the future of the economy has now also reached companies. But they are still reacting calmly.
Read moreFederal Office for Spatial Development closes ‘a gap’
In Switzerland the costs of congestion have not yet been quantified. Yet these would be significant amounts.
Read moreElon Musk changes his mind again
Billionaire and head of Tesla, Elon Musk, first blew off the acquisition of Twitter. Now he wants to buy the Twitter service. His change of mind has huge consequences.
Read moreSome cantons grope sloppy federal government grants
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.
Read moreSwiss stock exchange endures a busy month
Despite the capers in the capital markets, the Swiss stock exchange (SIX) had a comparatively busy September. One category in particular stands out.
Read moreBaked goods manufacturer in a quandary
Aryzta, a group focused on baked goods, has just achieved a ‘black zero’ in profits. But the challenges remain enormous.
Read moreInflation 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.
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