Corona depresses Swiss Re’s balance sheet

February 22, 2021 – The reinsurer posted a loss of $ 878 million in 2020. Without Corona, the result would have been clearly positive, emphasizes Swiss Re. Nonetheless, the company is confident. The Covid-19 damage is “largely behind us”. The group also feels it is well positioned, not least because of the most recent treaty … Read more

Swiss Re is heading for new success | Company finance

share Security that embodies a share in the capital of a stock corporation. It guarantees the owner membership rights (voting and election rights at the general assembly) and property rights (right to a share in profits, participation quota in capital increases or in the liquidation result). All articles on this technical term bond Borrowing on … Read more

Managing Toilets on Lake Toba, Luhut Collaborating with a Swiss Company

JAKARTA, – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan appointed a company called Mister Loo, manage toilet in the tourist area of ​​Lake Toba. Mister Loo is a company startup from Switzerland, which is engaged in premium public sanitary toilets. Luhut said, until now there are about 25 public toilets that … Read more

[POPULER MONEY] Criteria for New Cars Subject to 0 Percent Tax | Luhut Appoints Swiss Company To Manage Toilets Page all

1. These are the criteria for new cars to be subject to 0 percent tax starting next month The government prepares a sales tax regulation on luxury goods or 0 percent PPnBM for new cars starting in March 2021 (PPnBM cars). This 0 percent PPnBM discount uses a government-borne scheme (DTP), with a 100 percent … Read more

Coronavirus: The fatal mistake of Swiss and Bern pharmas

PostedFebruary 14, 2021, 12:43 The development of vaccines had been left behind by the Swiss pharmaceutical industry, because it was considered unprofitable. And Bern had not found it wise to create a national vaccine production in 2014. Seven years later, history proves them wrong. Archives/Photo d’illustration. AFP Unconvinced by the meager returns generated by the … Read more

Home loan: a Greek borrows in Swiss francs, her debt explodes

PostedFebruary 12, 2021, 12:42 A trader took out a mortgage in Swiss francs from a Greek bank belonging to a holding company based in Geneva. Its loan has garnered significant additional costs. But the ECHR finds nothing to complain about. In Greece, mortgage loans in Swiss francs to individuals were commonplace between 2006 and 2010, … Read more

Swiss extends minimum flight operations in Geneva until March 27th 1/7 Due to the worsening corona pandemic, Swiss is extending minimum flight operations in Geneva until March 27th. 2/7 With the decision, the airline does not initially want to offer any new routes from Geneva. 3/7 Geneva should, however, remain well connected to Zurich. 7/7 The mutated viruses and other factors … Read more

Production stop for Learjet: The end of the business jet with a Swiss soul

The production of one of the most famous private jets in the world is discontinued. Bombardier no longer builds Learjets. At the beginning of the success there was a Swiss development. It is probably the most famous private jet in the world. The Learjet took off for the first time on October 7, 1963. Since … Read more

Specialty Ingredients division: Lonza sells chemicals division for 4.2 billion Swiss francs

PublishedFebruary 9, 2021, 9:48 am Financial investors Bain Capital and Cinven are taking over Lonza’s Specialty Ingredients division. The deal is expected to take place in the second half of 2021. imago images/GFC Collection The pharmaceutical supplier Lonza has found a buyer for its chemicals division. The Specialty Ingredients division will go to the financial … Read more