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Civil servants go for the collar

kut. October 17, 2022October 17, 2022 actual, luxe No Comments
Pelze Fur Collars Pelzkleidung Jacken Pelze Deklaration BLV

Sometimes it’s hard to believe what officials can come up with to check compliance with the law. A furry new case is causing frowns in many places.

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Good news from unemployment insurance

kut. October 17, 2022October 17, 2022 actual, macro No Comments
Arbeitslosigkeit Schweiz ALV Versicherung Stellen Firmen Beiträge Seco

Unemployment insurance was once financially unbalanced and in debt. However, the measures taken since the beginning of the millennium are having an effect.

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Further signs of declining inflation

kut. October 17, 2022October 17, 2022 actual, macro No Comments
Sale Inflation Preisauftrieb Teuerung Index Firmen Bundesamt für Statistik BFS

Inflation has increased significantly over the course of the year. Now there are further signs that the end of the line has been reached in terms of buoyancy.

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Migros launches futuristic store concept

kut. October 14, 2022October 14, 2022 actual, micro No Comments
Migros Coop Shop Teo Ladenkonzept 24 Stunden rund um die Uhr Pilotphase Sortiment

Retailer Migros has opened its first store without sales staff. But that’s not the only special feature at Migros Teo.

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Positive signals from early cyclical

kut. October 14, 2022April 29, 2023 actual, macro No Comments
Bossard Industrie Zyklen Aufträge Orders Production

Bossard Group, which operates as a supplier to industry as well as in logistics, is accelerating its growth. This is good news.

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Swiss Post is always finding new sources of revenue

kut. October 13, 2022October 13, 2022 actual, micro No Comments
Post Bank Schweiz Corner Migros Strategie Kreditkarten Krankenkassen

Swiss Post is forging ahead with its strategy ‘Post of tomorrow’. While this generates revenue, it doesn’t suit everyone.

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Coronavirus helps government get good deal

kut. October 13, 2022October 13, 2022 actual, macro 1 Comment
Pilatus PC-24 Jet Bundesratsjet Bundesrat Ueli Maurer Verkaufspreise

Ex-defense minister Ueli Maurer was desperate to have a Swiss jet for the federal government. And the purchase was a worthwhile investment.

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Axpo Group creates more breathing space for itself

kut. October 13, 2022October 13, 2022 actual, macro No Comments
Axpo Kredite Banken Bund Rettungsschirm Hilfsgelder

The Axpo electricity group has been given more financial leeway. Nearly two dozen new banks are playing a role.

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Bag tag lag at airline Swiss

kut. October 12, 2022October 12, 2022 actual, luxe No Comments
Apple Airtag Airpods cr2032 Lufthansa Swiss Airline Check-In Luggage

The airline Swiss bans so-called AirTags from Apple in checked baggage. The Internet discusses the real reasons for the measure.

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A Swiss bank closes down

kut. October 12, 2022October 12, 2022 actual, micro No Comments
Gazprom Gazprombank Schweiz Erdgas

The Swiss Gazprombank, caught in the maelstrom of Russia sanctions, is suddenly stopping its business completely. The rationale, however, is a bit strange.

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Is Vontobel Chairman’s past catching up with him?

kut. October 11, 2022December 10, 2022 actual, micro No Comments
Vontobel Bank Schweiz AGI Allianz Global Investors SEC

German insurer Allianz is rocked by a scandal at its in-house asset manager Allianz Global Investors. The problem could also affect bank Vontobel.

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Oswald Gruebel jumps to the rescue of Credit Suisse

kut. October 11, 2022October 11, 2022 actual, micro No Comments
Credit Suisse CS Grossbank UBS Oswald Grübel Urs Rohner Manager

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.

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Free airline tickets to Hong Kong

kut. October 11, 2022October 11, 2022 actual, luxe 1 Comment
Hong Kong Tourismus Reisen Flugtickets Cathay Pacific Luxushotels

The Chinese Special Administrative Region of Hong Kong is attracting attention with a spectacular campaign. Despite the costs the idea should pay off.

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Foreigners love Switzerland again

kut. October 11, 2022October 11, 2022 actual, luxe 1 Comment
Schweiz Urlaub Ferien Reise Destination

Tourism in Switzerland has had a fantastic summer. While the Swiss were increasingly drawn abroad again, numerous nations discovered Switzerland as a travel destination.

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Swiss labor market booms

kut. October 9, 2022October 9, 2022 actual, macro No Comments
Seco Arbeitslosenquote Firmen Schweiz Arbeitskräfte Mangel

Switzerland is desperately looking everywhere for workers. The statistics even show effects that were never thought possible.

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Swiss banks take issue with Federal Council and Finma

kut. October 9, 2022October 9, 2022 actual, macro No Comments
UBS CS Credit Suisse Bundesrat Finma Basel III rules Regel Kapital Kreditvergabe

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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Switzerland tosses state political order overboard

kut. October 9, 2022October 9, 2022 actual, macro No Comments
Schwitzerland Parlament Regierung Bundesrat Notverordnung Verfassung Energiekrise

Securing the power supply in Switzerland produces unbelievable decisions. The country of snail’s pace suddenly throws all principles overboard.

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FOPH lets small health insurer self rule

kut. October 9, 2022October 9, 2022 actual, macro No Comments
BAG Krankenkasse Aufsicht Regulator Prämien Reserven

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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Swiss stock exchange ramps up crypto support

kut. October 9, 2022October 9, 2022 actual, crypto No Comments
Krypto SIX Daten CryptoCompare Handel digitale Assets

Swiss stock exchange SIX is expanding its services in digital assets. It is doing so with a very well-known partner in crypto.

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Swiss government N00bs ill-equipped for cyber attacks

kut. October 9, 2022October 9, 2022 actual, macro 3 Comments
Cyber-Attacken Angriffe Software Bund NCSC Departemente EFK

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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U.S. penalties against Swiss banks show no end

kut. October 9, 2022October 9, 2022 actual, micro No Comments
UBS Credit Suisse CS Grossbanken Strafe SEC USA

Swiss banks have already payed billions of penalties in the U.S. Now there is another million-dollar fine against another major bank.

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Swiss companies keep cool

kut. October 9, 2022October 9, 2022 actual, macro No Comments
Luxusuhren Adecco Personal Stellensuche

Uncertainty about the future of the economy has now also reached companies. But they are still reacting calmly.

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Federal Office for Spatial Development closes ‘a gap’

kut. October 9, 2022October 9, 2022 actual, macro No Comments
Staus Verkehr Analyse Autos Fahrzeuge Bundesamt für Raumentwicklung

In Switzerland the costs of congestion have not yet been quantified. Yet these would be significant amounts.

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Elon Musk changes his mind again

kut. October 6, 2022October 6, 2022 actual, micro No Comments
Elon Musk Twitter SEC Deal

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.

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Some cantons grope sloppy federal government grants

kut. October 4, 2022October 4, 2022 actual, macro 1 Comment
Bern Schweiz Parlament EFK Eidgenössische Finanzkontrolle Hochschulen

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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