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The U.S.A. and China are converging economically

kut. September 3, 2022September 5, 2022 actual, macro No Comments
The U.S.A. and China are converging economically

The United States of America and China are constantly at loggerheads – at least that is the tenor. But now they are settling a decade-old dispute in an unusual place.

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Clearance at Credit Suisse

kut. September 3, 2022September 5, 2022 actual, micro No Comments
Clearance at Credit Suisse

The crisis-ridden bank Credit Suisse has to cut costs. Now the first details about job cuts are leaking out.

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Allianz Suisse hits the bull’s eye

kut. September 3, 2022October 1, 2022 actual, micro No Comments
Konzernchef Allianz Oliver Bäte CEO Insurance Group

The activities of the German insurance giant Allianz in Switzerland are going well. One area in particular stands out in the half-year.

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Turbulences over wind power in Switzerland    

kut. September 1, 2022September 1, 2022 actual, macro No Comments
Energie kann mit Windrädern eingefangen werden.

A study has analyzed the potential for wind energy in Switzerland. But opponents are upset and picking apart the analysis.

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Baloise Group breathes a sigh of relief

kut. September 1, 2022November 10, 2022 actual, micro No Comments
Konzernchef der Baloise Gert de Winter

Baloise Group CEO Gert de Winter has just recovered from cancer. A lot of work await him.

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How Germany secretly plans nationalizations

kut. September 1, 2022June 4, 2023 actual, macro No Comments
Fahnen wehen vor dem Deutschen Bundestag, wo die Politiker neue Gesetze beraten.

During the energy crisis, civil servants were preparing all kinds of measures in their offices. Germany seems to have been particularly eager.

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Swiss economy shakes off coronavirus

kut. August 31, 2022September 5, 2022 actual, macro No Comments
Swiss economy shakes off coronavirus

According to the latest figures, Switzerland’s GDP recovered significantly last year from the slumps during the coronavirus crisis. Juggernauts and stragglers surprise.

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Margin shrinkage at Ems-Chemie

kut. August 30, 2022October 2, 2022 actual, micro 8 Comments
Margin shrinkage at Ems-Chemie

The specialty chemicals group Ems-Chemie has published strong half-year results. The only downside seems to be the declining margins. But there is another conspicuous feature.

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Bulgari chief reveals secrets for jewelry purchases

kut. August 30, 2022November 10, 2022 actual, luxe 1 Comment
Bulgari CEO Babin Luxus Diamanten Luxusuhren Schmuck Bijuterie

The head of luxury brand Bulgari, Jean-Christophe Babin, has spilled the beans on tips for buying luxury jewelry. In an interview, he said how buyers could achieve guaranteed increases in value.

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Analysis of Facebook data changes the world

kut. August 27, 2022July 3, 2023 actual, luxe, macro No Comments
Facebook Reiche Ultra-Reiche Shopping Einfluss Vernetzung Netzwerk

Social media are considered data octopuses. They collect a lot of material about their users and evaluate it. But now scientists are exploring the terrain and finding incredible things.

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Nobel Prize winner wants fracking and nuclear power

kut. August 26, 2022October 1, 2022 actual, macro No Comments
Nobel Prize winner wants fracking and nuclear power

The American Nobel Prize winner for economics Joseph Stiglitz has called for pragmatic measures in the energy crisis. He gives sound reasons for his stance.

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Federal government scrapes close to disaster

kut. August 26, 2022November 10, 2022 actual, macro, micro No Comments
Auditors need to look with a magnifying glass sometimes.

During the Corona crisis the Swiss government supported the airlines Swiss and Edelweiss. However, an analysis shows that it often did not act correctly at all.

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Cost explosion at the Raiffeisen Group

kut. August 26, 2022September 5, 2022 actual, micro No Comments
Cost explosion at the Raiffeisen Group

The Raiffeisen Group has recorded a comparatively sharp rise in costs. The explanations for this are surprising.

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Auditors are currently spared nothing

kut. August 23, 2022August 23, 2022 actual, micro No Comments
Auditors are currently spared nothing

The accounting firm PwC is facing an explosive lawsuit in the U.K. But the case could upend the entire world of work.

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Mega profit collapse at PSP Swiss Property

kut. August 23, 2022August 23, 2022 actual, realty No Comments
Mega profit collapse at PSP Swiss Property

The real estate company PSP Swiss Property performed well operationally in the first half of the year. However, results were deflated at one position.

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Next wave of U.S. penalties rolls toward the banking world 

kut. August 22, 2022November 10, 2022 actual, micro No Comments
US-Dollars müssen von Schweizer Banken oft in Form von Strafgeldern hingelegt werden.

Banks have already paid several billion in fines in the U.S. Now another billion dollars is added – Swiss institutions are also affected. 

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Bang at well known spy firm

kut. August 22, 2022October 1, 2022 actual, crypto, micro No Comments
Bang at well known spy firm

The notorious software company NSO with its spy program Pegasus is crumbling. But the snooping on iPhones & Co. continues.

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Ugly duckling becomes a role model for Swiss airports

kut. August 22, 2022October 11, 2022 actual, micro No Comments
Schiphol airport queues Swiss airports travel luggage compensation

The resumption of flight operations after the corona crisis has hardly worked well anywhere. But Swiss airports can now take a leaf out of, probably, the most-chaotic airport in Europe.

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Thriller at Sotheby’s over a “Chagall”

kut. August 22, 2022August 22, 2022 actual, luxe No Comments
Thriller at Sotheby’s over a “Chagall”

The story could have been penned by Agatha Christie. What is currently happening at the Sotheby’s auction house resembles a good detective story.

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Money from canton of Bern for checks on Nazi looted art

kut. August 20, 2022October 4, 2022 actual, luxe, regio No Comments
Money from canton of Bern for checks on Nazi looted art

In November 2014, the Kunstmuseum Bern accepted the bequest of Cornelius Gurlitt. The canton is now stepping in with taxpayers’ money for research into possible Nazi looted art.

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Is the CSS Group getting out of hand?

kut. August 18, 2022August 20, 2022 actual, micro No Comments
Is the CSS Group getting out of hand?

At CSS Group, there are apparently more wrongdoings than thought. The behavior of the group’s management raises questions.

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Many minus signs at the Swiss Life Group

kut. August 18, 2022October 4, 2022 actual, micro No Comments
Many minus signs at the Swiss Life Group

At life insurer Swiss Life, the movements on the capital markets were reflected in the half-year results. The minus signs are gigantic – the investment portfolio alone shrank by around 22 billion francs.

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Pandemic cannot put the brakes on home prices

kut. August 17, 2022November 10, 2022 actual, macro, realty No Comments
Swiss Residential Property Prices are rising following the statistics with an Index

Pandemics should actually lead to a decline in real estate demand due to uncertainty about the future. However, this is not the case in Switzerland – in fact, there was a particularly high number of purchase transactions in one segment.

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Baloise Group sheds ballast in Germany

kut. August 16, 2022August 17, 2022 actual, micro No Comments
Baloise Group sheds ballast in Germany

The Basel-domiciled Baloise Group has divested a portfolio of insurance contracts in Germany. The deal illustrates the different assumptions of buyer and seller.

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Inflation glimpses slowdown

kut. August 16, 2022October 1, 2022 actual, macro, micro No Comments
Inflation glimpses slowdown

Inflation in the US has already reached levels of around 9 percent. But now there are increasing signs that things are going backwards again.

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