Category: Finance
Swiss bank: The new UBS has to save money
The only remaining major Swiss bank, UBS, is posting a record profit for 2023. But now it has to digest the acquisition of its former rival Credit Suisse. And above…
SZ podcast: How the traffic light wants to stimulate the economy – Economy
The German economy shrank by 0.3 percent at the end of last year. The International Monetary Fund has only forecast growth of a meager 0.5 percent for the current year.…
Weight loss injections: Novo Nordisk versus Eli Lilly – Economy
It’s a big deal. And it’s just the beginning. In the 2023 financial year, the Danish company Novo Nordisk generated sales of a good 31 billion crowns, the equivalent of…
Consumption German retail with a weak start to the year – Economy
The start of the new year did not leave German retailers optimistic. In January they reported both a deterioration in the current business situation and clouded expectations, as the Munich…
AI ethics: Judith Simon on Chat-GPT and conservative AI – economics
It’s getting tight for people, reports Judith Simon: “We’re being boxed in. Where are there still spaces in society where I’m no longer just classified based on my data points?”…
German retailers are rising up against the AfD and right-wing extremism – economy
Yes, there is this one well-known exception: Theo Müller, 84, boss and founder of the Müller-Milch group of companies, based in Luxembourg, which includes well-known brands such as Weihenstephan, Landliebe…
Comment on the power plant strategy: Little gained for climate protection – economy
At least the federal government finally has a plan for how the electricity system should function without coal. But the traffic lights focus too one-sidedly on gas. The good news…
Haba wants to score points with sustainability and a focus on women – business
A picture from better daysWhat did you notice as a career changer? “The fact that there are hardly any women in management positions in the toy industry, even though it…
Novartis offers 2.7 billion euros for Munich biotech company Morphosys – Economy
The Swiss pharmaceutical company Novartis is reaching out to the biotech company Morphosys. The Swiss are spending 2.7 billion euros on this. Novartis is particularly interested in the promising pelabresib…
ADAC: Significantly more traffic jams on motorways again – where it was worst – economy
There were significantly more traffic jams and stalled traffic on German motorways in 2023 than in the previous year. However, according to the ADAC traffic jam balance, the pre-Corona level…