News

18.10.2017

GADGETS: Panic room demand among VIPs is growing

In 2002, American director David Fincher directed thriller Panic Room. In the film, Jodie Foster and Kristen Stewart played mother and daughter who, in order to defend themselves from robbers, took refuge in a secure room built in their three-story villa. Today, protecting wealthy and famous people by building panic rooms has become a millionaire business. Industry magnates, actors, athletes and celebrities are increasingly choosing to have greater security added to their homes.

 
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18.10.2017

Swiss students team wins International Solar contest

Four Swiss universities came together to build the US Department of Energy’s 2017 Solar Decathlon overall winner. Eleven teams competed over the course of two years to build a home taking into account modern global demands of “reliability, resilience, and security.” The Swiss schools – École Polytechnique Fédérale de Lausanne, School of Engineering and Architecture Fribourg, Geneva University of Art and Design, and the University of Fribourg – scored perfect 100’s in energy, architecture and engineering categories. 

 
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18.10.2017

UBS is warning clients over Bitcoin's bubble

UBS thinks cryptocurrencies are in a "speculative bubble." There are over 1,000 cryptocurrencies, bitcoin being the biggest by market capitalization, and many have seen huge rises in value over the past few years. Bitcoin for example is up over 470 percent year-to-date. "We think the sharp rise in cryptocurrency valuations in recent months is a speculative bubble," UBS wrote in a white paper published last week.

 
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17.10.2017

Winterthur bars introduce secret code system to help women in the night

Winterthur is introducing a new code to help tackle sexual harassment, reported The Local. Anyone who feels unsafe or uncomfortable on a night out due to unwanted attention can simply approach a member of staff and ask, "Is Luisa there?". Staff can then take measures to help her, including involving security staff, taking her to a safe place or calling her a taxi. There are 10 participating establishments at present, with more expected to follow. 

 
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17.10.2017

Richemont's profits jumps in the first-half 2017

Luxury goods maker Richemont expects first-half net profit to rise by more than two-thirds, partly benefiting from the nonrecurrence of exceptional items. Swiss watchmakers are recovering from a severe downturn in demand, mainly due to a collapse of the Hong Kong market that had prompted the world's second-biggest luxury group to buy back excess inventory of unsold watches and cut jobs and replace almost all its brand chiefs.

 
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17.10.2017

Misreading the markets: the puzzling actions of central banks

During the last few months some central banks have done things which I applaud, while others have done things which I find both incomprehensible and incompetent. In the current climate, it’s easy to misread the markets.

 
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17.10.2017

Netflix growed in Q3, added 5.3 million new subscribers

Netflix added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television explodes globally. Netflix's 5.3 million additional subscribers in the third quarter included 4.45 million in international markets and 850,000 in the United States. Wall Street had expected 4.5 million overall, with 3.69 million overseas and 810,000 in the United States, according to FactSet.

 
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17.10.2017

Credit Suisse targeted by activist hedge fund

Activist investor RBR Capital Advisors, supported by Gaël de Boissard, a former Credit Suisse investment bank co-head on Tuesday confirmed it has built a position in Credit Suisse and has been talking with the Swiss bank's management. RBR Capital Advisors will reveal its plan later in the week at a conference in New York, the Financial Times reported. According to the report, the plan will offer the argument for a three-way split of Credit Suisse into an investment bank, an asset management group and a wealth manager accommodating the Switzerland-based bank's retail and business banking operations.

 
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17.10.2017

Tesla fired hundred of employers after bad results

Tesla fired hundreds of employees following what the company said is an annual performance review process, the company told TechCrunch. The news was first reported by The Mercury News. “Like all companies, Tesla conducts an annual performance review during which a manager and employee discuss the results that were achieved, as well as how those results were achieved, during the performance period,” a Tesla spokesperson said. “This includes both constructive feedback and recognition of top performers with additional compensation and equity awards, as well as promotions in many cases. As with any company, especially one of over 33,000 employees, performance reviews also occasionally result in employee departures. Tesla is continuing to grow and hire new employees around the world.”

 
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16.10.2017

Rent dresses when you want, like a car or a movie

Rent the Runway began eight years ago as a rental service for formal gowns, cocktail dresses and bejeweled accessories. Now the company is doubling down on its efforts to appeal to more women, more often. Today the brand is launching a new subscription service that’s just $89 a month. It’s called RTR Update, and it allows you to rent four designer pieces for 30 days. Then, you return the set and pick four new items. “We wanted to give women options to rent clothing that they can wear everyday and to cater to their everyday lives,” says Rent the Runway co-founder and CEO Jennifer Hyman. “You can rent things that are going to create options for you.”

 
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Events


Semptember 2015
  • 22
    Jan

    The caspian week conference is a meeting point of visionaries, market leaders and experts with the f

  • 22
    Jan

    The climate transition creates opportunities and risks, and financial institutions and corporations

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    Jan

    Seit über 30 Jahren ist die ZfU International Business School Gastgeber für die angesehensten Inve

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    Jan

    Over 150 Fintechs CEOs from all over the world will be in both panels & interviews and on this stage

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    Jan

    From 2018 onwards, Switzerland’s financial fair will only be open to professional investors. This

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