(AWP) The Network for the Rich Asmallworld (ASWN 2.65 +3.92%) has signed a management contract with the real estate developer Swiss Property UAE for the planned Kempinski Residences The Creek in Dubai. Asmallworld has been advising Swiss Property UAE on this project for the past few months and has played a key role in negotiating … Read more
(AWP) The French-speaking Swiss biotechnology company ADC Therapeutics (ADCT 7.81 -28.68%) generated more revenue in the first three months of 2021 than in the same quarter of the previous year thanks to sales of its cancer therapy Zynlonta. The loss was also contained and the company gets a new CEO. Specifically, ADC brought in $16.5 … Read more
share A security representing a share in the capital of a public company. It assures the owner of membership rights (voting and election rights at the general meeting) and property rights (right to share in profits, share in capital increases or in the liquidation result). All articles for this technical term – The best Quarterly … Read more
The lockdowns in Shanghai have brought life in the 26 million metropolis to a standstill. This affects the Swiss companies that are active in the city and the surrounding area: the operation of almost 90% of the companies active there in the business-to-business (B2B) segment is affected. This shows a survey by SwissCham China, the … Read more
(AWP) The Intershop (ISN 639.00 -1.54%) Holding has cleared an important hurdle in its AuPark development project in Wädenswil. The real estate company has received the building permit with detailed conditions. Intershop announced on Wednesday evening that these would now be examined in depth. Around 230 new apartments with an additional supply of quarters are … Read more
Mortgage interest rates in Switzerland are falling again. In March, the providers observed by “Finanz und Wirtschaft” reduced the standard rates for short and medium-term maturities: two-year fixed-rate mortgages cost an average of 0.92% per year, which is 8 basis points (bp) less than in February. The three-year lending rate was cut 9bps to 1.08% … Read more
(AWP) The Novartis subsidiary Sandoz strengthens its portfolio for the treatment of respiratory diseases. For this purpose, the British Coalesce Product Development was taken over, the generics division announced on Monday. The British company specializes in the development of medical devices and drugs. This expands the existing portfolio of respiratory drugs, the statement continues. No … Read more
Two years ago, the US and China sought to end their escalating trade war by signing an agreement under which China pledged to import $200 billion in additional goods and services from the US in 2020 and 2021 Compared to 2017 to buy. This represented a total offtake commitment of $502.5 billion over two years. … Read more
The real estate market in the USA is really hot right now. It boils more violently than on the eve of the bursting of the great real estate bubble in 2008. The fingers point to the US Federal Reserve. With its ultra-loose monetary policy, which was intended to support the economy and markets during the … Read more
bond Borrowing on the capital market. Bonds can have fixed or variable interest rates. The fractions of a bond that are designed as securities and are therefore tradable are called obligations or bonds. All articles for this technical term – Festhypothek Has an interest rate that does not change over the term, usually between two … Read more