Business

[ad_1] Thomas Schmid. Image: imago images / photonews.at ‘I love my chancellor’: published chats shake up Austrian politics Austrian Chancellor Sebastian Kurz is facing uncomfortable times due to an investigation by the Austrian business and corruption prosecutor’s office. It’s about text messages from Thomas Schmid’s smartphone. He said Thomas Schmid …

[ad_1] Synergies Coop Takes Over Jumbo – DIY Store Locations Uncertain – Up to 500 Positions Could Wobble What does the explosion of the Swiss hardware industry mean to staff? An extrapolation shows: Nothing good. But Coop decides. A huge explosion in the hardware store business: Coop takes over the …

[ad_1] The backlog of catastrophic missteps and foreseeable billions of dollars at Credit Suisse allow only one conclusion: With the change in the executive committee, a radically different strategy must be found for the big bank. The current situation at Credit Suisse (CS) is precarious: the board of directors, the …

[ad_1] commentary Sense, sense, sense! Yes, and yet SP-Levrat is the right man to be the post-president. The fact that the Federal Councilor of the SP, Simonetta Sommaruga, promoted the former president of the SP to superior postman has a stale aftertaste. But the choice is not bad, no: it …

[ad_1] The big bank is warning of potentially significant losses it could incur due to a US hedge fund. The bad news is mounting at Credit Suisse right now. Arnd Wiegmann / Reuters Credit Suisse (CS) appears to be one of the banks affected by the Archegos Capital Management family …

[ad_1] Public transport 38-year-old Laurent Roux becomes VBL’s new director At its extraordinary meeting, the board of directors of Verkehrsbetriebe Luzern AG (VBL) elected Laurent Roux as the new director and chairman of the executive board. The Lucerne man by choice prevailed against nearly 150 competitors. Starts August 1, 2021. …

[ad_1] Credit Suisse’s boardrooms released their attorneys in the Greensill and Gupta affair. Yesterday he sent an “urgent warning” for the second time in two weeks. The bank had already made it clear in the first letter that it was “not ready” to accept the “reports that damage reputation and …

[ad_1] keystone-sda.ch 1/7 Switzerland and the US are among the few countries that have not yet approved the Astrazeneca vaccine. AFP 2/7 Astrazeneca’s pink cans are already inoculated in England, France, Africa and South America. keystone-sda.ch 3/7 In India, the Serum Institute of India is manufacturing 1 billion doses of …

[ad_1] Accusations of racism in Basel: man is prohibited from entering the house because he has “behaved in a conspicuous manner” He had entered the Basel store with the intention of rummaging around and, if necessary, buying something. He went out of business with a house ban on all Globus …

[ad_1] At Credit Suisse, the Neven are blank. The disaster with the Greensill Fund shook the proud Paradeplatz bank. Now the race management is trying to regain control of events. Quiet in the stable, according to order. The boss, Thomas Gottstein, is speaking now. The CEO announced yesterday on Bloomberg …