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.
Read moreNext wave of U.S. penalties rolls toward the banking world
Banks have already paid several billion in fines in the U.S. Now another billion dollars is added – Swiss institutions are also affected.
Read moreBang at well known spy firm
The notorious software company NSO with its spy program Pegasus is crumbling. But the snooping on iPhones & Co. continues.
Read moreUgly duckling becomes a role model for Swiss airports
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.
Read moreThriller 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.
Read moreMoney 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.
Read moreIs 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.
Read moreMany 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.
Read morePandemic cannot put the brakes on home prices
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.
Read moreBaloise 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.
Read moreInflation 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.
Read moreTip from frequent flyers especially for this summer
Airlines and airports are having enormous problems getting passengers’ checked baggage to their destinations this summer. Frequent flyers know how to help themselves with a little trick to defuse the situation.
Read moreSwiss Post scores second crypto stamp coup
Swiss Post has seen another success with its crypto stamps. The state-owned company apparently learned the right lessons from the sale of the first series.
Read moreSwiss Officials estimate butter quantities totally wrong
The news release from the Federal Office for Agriculture looks unspectacular. But it isn’t at all.
Read moreSigning away Basel’s public purse
The online newspaper ’20 Minuten’ has criticized the sign madness in Basel over its traffic signs. But that’s actually only half the truth.
Read moreZurich tax data reveal gigantic fluctuations
From 2002 to 2018, the number of taxpayers in the city of Zurich increased by almost 10 percent. A new study shows the increase in a very specific group of people.
Read moreWill Walter B. Kielholz continue to pull the strings?
The doyen of the Swiss financial industry, Walter B. Kielholz, has managed many fortunes in the country for decades. Can the power man still not let go?
Read moreThe U.S. cracks down on well-known cryptocurrency
The USA has imposed sanctions on a comparatively large cryptocurrency. Users and crypto projects will have to pay attention to these things in the future.
Read moreNow the Swiss companies are being reined in
Swiss companies have to tighten their belts when it comes to electricity consumption. The head of the electricity supervisory authority gives surprising reasons for this.
Read moreThe skewed number comparison of Swiss
The airline Swiss has presented its latest half-year results. However, the circle of numbers gives a distorted picture of the situation.
Read moreLong queues for stamps at post offices on Monday?
Next Monday there should be a rush of customers in some post offices. The state-owned company will then launch the second series of crypto stamps, and big profits beckon.
Read moreWarren Buffett is venting his anger
The US star investor Warren Buffett has made a gigantic loss with his holding company Berkshire Hathaway. But the stock exchange guru reacted unusually.
Read moreBlackRock Recognizes the Signs of the Times
The largest asset management company in the world, BlackRock, has entered into a cooperation for institutional clients. This time it’s about crypto.
Read more«Watches as an Investment» – A Book with the Wrong Title
At first glance, the book «Watches as an Investment» only seems to be of interest to investors. But it is by no means so.
Read moreSwiss Re loses almost half of its equity
At the reinsurance group Swiss Re, several billion in equity have vanished in the past few months. The management seems to be almost completely helpless in the face of a negative trend.
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