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UBS Plans To Merge, ETH Professor Against Pollution – That’s What Sunday Newspapers Write
Due to Cryptoleaks: Sweden cancels meeting with Switzerland
Sweden canceled a commemoration ceremony with Foreign Minister Ignazio Cassis, according to “SonntagsBlick” due to the Cryptoleaks issue. A festive dinner with the Federal Council and Swedish Foreign Minister Ann Linde should have taken place in Stockholm on October 15. The occasion was the centenary of diplomatic relations between the Confederacy and the Kingdom. However, the Swedish Foreign Ministry canceled the deadline, he said. The reason given is the decision of the Federal Council in June to impose an export ban on the Crypto International AG company in Steinhausen ZG. The company is owned by two Swedes. Furthermore, Stockholm is outraged that the decision itself will no longer allow the introduction of cybersecurity software from Steinhausen. Due to the export ban, the owners would be forced to liquidate the company. The foreign affairs department of the FDFA confirmed to the newspaper that a meeting at the level of foreign ministers was scheduled to celebrate the centenary of diplomatic relations between Switzerland and Sweden. Based on the current state of knowledge, this meeting will not take place, the FDFA continued.
UBS with interests in Deutsche Bank
UBS’s board of directors, Axel Weber, wants to buy Deutsche Bank, according to a report by the “SonntagsZeitung”. Weber plans to take over a large European bank with its new CEO Ralph Hamers, he said. In addition to Deutsche Bank, Weber’s potential merger targets also included Britain’s Barclays. Other names that played a role in the strategy games of the chairman of the board of directors are the German Commerzbank and the British Lloyds Banking Group. Within UBS, they are specifically looking for banks that are in a similar position, with which the Swiss lender competes, but that at the same time also complement each other well, especially in investment banking, he said. UBS declined to comment on the information, the newspaper continues.
Chairman of the Board of Directors of UBS Axel Weber. PHOTO: EPA / KEYSTONE
ETH professor is against pollution
Martin Ackermann, professor of microbiology at ETH Zurich and head of the Federal Covid Working Group, remains faithful to the strategy he has adopted to combat the coronavirus. “Yes, currently, that is my point of view, there is no alternative to this strategy,” he told “NZZ am Sonntag”. This approach only selectively interferes with the lives of the population and the economy. “That is why it is simpler, cheaper and less drastic than the national measures that would be necessary in the case of a large number of cases,” he said. Ackermann also thinks little of an infection. “The social and economic costs of pollution are too high,” he said. Switzerland’s strategy to combat the corona is based on hygiene and distance rules, masks, testing and monitoring of contact persons, as well as isolation and quarantines. Ackermann confidently said the country could avoid a second wave.
Childhood flu vaccination makes sense
Vaccinating children against seasonal flu could slow down the spread of Covid-19 in Switzerland. This is what the French-speaking Swiss newspaper “Le Matin Dimanche” writes, citing information from the Federal Office of Public Health. It is interesting to vaccinate all children to protect people who are at risk of complications from influenza, he said. It was also a landmark experience in Japan, where children were routinely vaccinated for years. But when authorities cut childhood vaccines due to lack of funds and uncertainty about the effectiveness of the procedure, the Japanese found that the number of complications from influenza in older people skyrocketed.
Association with private detectives against the abuse of part time
According to the “SonntagsZeitung”, the federal government wants to track down any short-term job abuse with private snoopers. To do this, it turned to an unusual means on the part of the federal government in search of private companies that should track short-time workers. The Secretary of State for Economic Affairs Seco gives detectives a lot of power, he said. Private inspectors are authorized to carry out “on-site inspections” in companies with little working time according to the bidding documents. Federal authorities even want to entrust the eavesdroppers “with the preparation of judgments and decisions of a legal nature and the conduct of judicial processes.” However, experts and politicians complain to the newspaper that the State delegates sovereign tasks to individuals.
Tough profit targets for the Swiss
According to the newspaper “SonntagsZeitung”, the federal government is forcing the Swiss airline to make unrealistic profits. To ensure that the airline can actually repay the loan it was made to survive the coronavirus crisis, the federal government has written strict profit targets in the bailout contracts. The newspaper cites several consistent sources. According to this, Switzerland should achieve 500 million francs in profit at the Ebitda level in 2023. In 2024 there is even an operating profit target of more than 600 million francs. If this is not achieved, the federal government could, in extreme cases, become the owner of Swiss, he said. However, due to the ongoing coronavirus pandemic, the achievement of profit targets is highly uncertain, the newspaper continued.
Switzerland dissatisfied with electricity supplier
According to a report by “NZZ am Sonntag”, many Swiss would like to change their electricity supplier because they are not satisfied with the company. The newspaper cites a poll by BEN Energy. About 49 percent of customers would not recommend their provider to their friends. About 58 percent of those surveyed were also thinking of switching providers, and 15 percent of them planned to switch electricity providers at the first opportunity. On top of that, the customer satisfaction values of electricity providers are well below those of banks or automakers, he said.
Ems-Chemie: employees are critical
According to the “SonntagsBlick,” employees do not give Blochers Ems-Chemie a good report as an employer. The newspaper refers to an analysis of the Kununu online portal. In recent years, 70 Ems-Chemie employees have rated Kununu. On average, the company received only 2.5 out of five possible points. Additionally, only 22 percent of employees would recommend Ems-Chemie as an employer. Both values are bad compared to other chemical and pharmaceutical companies. Above all, the portal criticizes a poor work-life balance, outdated infrastructure and the way employees are treated. Ems-Chemie under the leadership of Magdalena Martullo-Blocher leaves this criticism cold. “Employee rating platforms are not representative, as frustration is the main problem. We exchange ideas with our employee representatives every two weeks. Our very long years of service speak for themselves, “the company told the newspaper about it.
Doubt tokens are boycotting Aldi and Lidl
The chips are certainly boycotting foreign retailers Aldi and Lidl, according to a report by “SonntagsBlick.” They have been trying to introduce the traditional brand in their ranges for a long time. They not only expected an increase in sales, but also more Swiss. “Yes, that’s right. We have been trying for years to offer our customers Doubt chips. So far, it has unfortunately not worked,” Aldi told the newspaper. our existing offering, “Lidl explained to the” SonntagsBlick. ” kiosk or in the catering trade, “von Zweifel told the matter. The company went on to explain that the content of the negotiations is not made public.
The Swiss ask for much more food
Food orders have doubled this year, according to a “SonntagBlick” report. The newspaper is based on the information provided by the provider. For example, Eat.ch has confirmed that deliveries have doubled. “We saw that the frequency of existing customers increased tremendously and at the same time had as many new customers as ever before,” the company said. In addition, orders at noon have also become important. (sda)
