Swiss credit (CSGN 9.26 -0.15%) cuts sixty-nine jobs in New York City. This emerges from documents that the big bank has submitted to the labor department of the state of New York. The Bloomberg news agency reported about it first. The job cuts at the big bank, which is due to take place on March … Read more
(AWP) Swiss exports fell in October. This was mainly due to the development of chemical-pharmaceutical products. Specifically, Swiss exports reached a seasonally adjusted value of CHF 20.83 billion in October, which is 1.4% below the previous month. In real terms – i.e. price-adjusted – there was a decrease of 1.5% in October, as the figures … Read more
(AWP) Annual taxation in Switzerland rose again significantly in October. It was + 1.2% after it had been + 0.9% in September, as the Federal Statistical Office announced on Tuesday. The annual inflation of domestic goods was 0.6%, imported goods were 3.2% more expensive than in October 2020. The price trend has thus picked up … Read more
Uranium does the same as the fossil fuels oil, gas and coal. It’s getting more and more expensive. One kilogram of uranium oxide currently costs almost $ 110, an increase of around 70% since August, and a level that the raw material has rarely reached. Fund companies that buy physical uranium and investors who are … Read more
(Reuters) Positioned for its advertising division in the middle of the difficult times Facebook new his future business with virtual realities. I will receive that in the current year Facebook Reality Labs (FRL) has a separate pillar alongside the apps Facebook (FB 328.69 +1.26%), Instagram, Messenger and Whatsapp, the US company announced on Monday after … Read more
(AWP) The component manufacturer Huber + Suhner (HUBN 80.50 +4.01%) implemented significantly more in the first nine months of 2021 than in the previous year and, above all, won a large number of new orders. The targets for the entire 2021 financial year are confirmed despite the current difficulties in the supply chains. Sales rose … Read more
(AWP) The machine tool manufacturer Tornos (TOHN 6.40 +5.44%) made it back into profitability in the first half of 2021. The company was able to improve significantly in all markets and product groups. The production plants were working to full capacity. Tornos increased sales by 50.2% to CHF 84.4 million. Accordingly, operating profit (EBIT) was … Read more
Cristiano Ronaldo is certain: Too much sugar is unhealthy. The Portuguese superstar caused a sensation at the European Football Championship because he demonstratively pushed the bottles from the tournament sponsor Coca-Cola aside at a press conference. Instead, he picked up the water bottle. The image damage for Coca-Cola was done. The behavior reflects a trend … Read more
(AWP) Swiss domestic banks proved resilient in the face of deteriorating economic conditions in 2020. In the opinion of the Swiss National Bank (SNB (SNBN 5’280.00 0%)) Most of them also survive an additional external shock. The capital buffers of the domestic banks are a decisive element in their resilience, emphasized the SNB in its … Read more
Due to the global recession after the financial crisis of 2008/09, Latin America did relatively well thanks to the wealth of raw materials. The corona pandemic, on the other hand, is dragging the region into a crisis in which the weaknesses are exposed and the political fronts harden. In hardly any other part of the … Read more