Business

Lawsuit: Elon Musk accuses Twitter of 'hiding the truth' and 'fraud'

Lawsuit: Elon Musk accuses Twitter of ‘hiding the truth’ and ‘fraud’

PostedAugust 5, 2022, 10:44 PM Court case: Elon Musk accuses Twitter of ‘hiding the truth’ and ‘fraud’ A legal battle has been waged between Elon Musk and Twitter since the richest man in the world broke the agreement on the takeover of the social network. Elon Musk’s lawyers accuse Twitter of having “hidden the truth” …

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Has inflation peaked?

Has inflation peaked?

The environment is different from that of the past decade, but not to the point of questioning fundamental analysis, the spirit of prospecting and contrarian decision-making as means of generating returns. The inflation problem Politicians face a complex challenge to control extreme inflation, without wanting to drag the world economy into a deep recession. This …

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Swiss economy remains in good shape, but outlook darkens according to KOF

Swiss economy remains in good shape, but outlook darkens according to KOF

Regarding business developments over the next six months, companies are significantly less optimistic than before. The headwinds for the Swiss economy are likely to intensify in the near future. The KOF business situation for Swiss companies slowed down slightly in July, but still remained better than at the beginning of the year and we have …

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Elon Musk accuses Twitter of misleading him, network denies

Elon Musk accuses Twitter of misleading him, network denies

American women’s basketball star Brittney Griner, detained in Russia since February, was sentenced on Thursday to 9 years in prison by a Russian court for drug trafficking. She had been arrested with a vaporizer containing cannabis liquid. The court in Khimki, near Moscow, found the player guilty of drug possession and trafficking and sentenced her …

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Geneva/Switzerland: The system of access to velostations annoys cyclists

Geneva/Switzerland: The system of access to velostations annoys cyclists

PostedAugust 4, 2022, 7:40 PM Geneva, Switzerland: The system of access to velostations annoys cyclists Occasional users of paid car parks find the internet application too complicated. The Parking Foundation promises a new version at the end of 2022. The Montbrillant bike station was inaugurated in 2012. Pascal Frautschi/TDG “I wanted to park my two-wheeler …

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Soaring fossil fuel prices allow Glencore to reap massive profits

Soaring fossil fuel prices allow Glencore to reap massive profits

Glencore, the Swiss commodity trading giant, will pay an additional $4.5 billion to its shareholders after seeing its profits explode in the first half of the year in the face of soaring oil, gas and coal prices. For the first half of the year, its net profit attributable to shareholders increased ninefold, jumping to nearly …

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A quarter of Ukrainian refugees work in gastronomy

A quarter of Ukrainian refugees work in gastronomy

The Swiss airline returned to profit in the first half, after two years of losses following the coronavirus pandemic. The company is now aiming to return to operational profitability for the whole of 2022, despite macroeconomic uncertainties and soaring oil prices. “The positive commercial trend already initiated during the first months of the year was …

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