RJB

Credit Suisse “on track” for its strategic review

Credit Suisse, whose stock suffered a historic plunge late last week following speculation about a massive capital increase, announced on Monday that it was “on track” for its full strategic review. Details will be released following the third quarter results on October 27. Faced with various and varied rumors relayed by the media, the number …

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Seven European astronauts ready for the Moon

The European Space Agency (ESA) presented on Wednesday in Paris its team of seven astronauts ready to train to explore the Moon as part of the American Artemis program. Only one of them could tread the lunar surface. All seven, Frenchman Thomas Pesquet, Germans Alexander Gerst and Matthias Maurer, Italians Luca Parmitano and Samantha Cristoforetti, …

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Seven European astronauts ready for the Moon

The European Space Agency (ESA) presented on Wednesday in Paris its team of seven astronauts ready to train to explore the Moon as part of the American Artemis program. Only one of them could tread the lunar surface. All seven, Frenchman Thomas Pesquet, Germans Alexander Gerst and Matthias Maurer, Italians Luca Parmitano and Samantha Cristoforetti, …

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Uncertainties boost demand for insurance (Swiss Re)

Geopolitical tensions, macro-economic developments and climate change are leading to increased demand for risk coverage, leading to price increases, reports Swiss Re in its ‘Rendez-vous de Septembre ‘. ‘In addition to the impact of the Covid-19 pandemic and the increase in damage from natural disasters, the reinsurance and insurance industry is now faced with themes …

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The PS proposes a plan to restructure the electricity market

Against the background of exploding energy prices, the Swiss Socialist Party presents a plan for the total restructuring of the electricity market. ‘He needs more public service and less speculation,’ says parliamentary group leader Roger Nordmann. “We are faced with a total failure of the current pseudo-liberal market organization,” the socialist elected official declared on …

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The Price Monitor denounces the sharp increase in bank charges

Price Monitor Stefan Meierhans criticizes the high bank charges in Switzerland. In the space of 20 years, these have doubled, placing the Swiss among the worst off in this area. Every year, the Price Supervisor receives dozens of complaints about excessive bank charges, said Stefan Meierhans in the ‘NZZ am Sonntag’. Looking again at the …

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The boss of the ski lifts expects a difficult winter

While attendance and turnover at ski resorts reached record highs last season, the director of ski lifts is expecting a difficult winter. He talks about inflation and the end of Covid restrictions in Europe. For the first time since the 2012-13 season, ski resorts recorded more than 25 million skier-days last season, according to the …

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