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Seeking solace in the U.S. jobs report
A week of dismal economic data ended on a brighter note Friday as the U.S. jobs report showed that employers added jobs at a steady pace in September. “Today’s job numbers in the U.S. gave some positive feedback that the economy is slowing, yes, but it’s still growing,’’ says Thomas Wille, head of research and strategy at LGT Bank.
SPG CEO: Manor Zurich store closure caught industry by surprise
When department store chain Manor announced the closure of one of its flagship stores on Zurich’s main shopping thoroughfare last month, it caught the retail and property industry by surprise, said Robert Hauri, CEO and co-founder of commercial property advisory SPG Intercity.
Building bridges between banking and sustainability
Leaders from the Swiss banking sector will meet with UN and NGO officials next week at the Building Bridges Summit to discuss how the two sides can work together on sustainable finance projects—from social stock exchanges, investment platforms, and development funds. Fabio Sofia, president of Sustainable Finance Geneva, the organizer of the event, gives his views.
Fighting cybercrime is uphill battle for businesses
Many companies aren’t spending enough to protect themselves and their customers against cybercrimes, says Klaus Julisch, the lead cyber partner of Deloitte Switzerland. Businesses should spend between 4 and 10 percent of their IT budget on preventing unauthorized access to their internet-connected systems.
Giga-speed for everyone in Switzerland
Gigafast internet; whether in the city or the country. Our super-strong network makes it possible: gigafast Internet at up to 1 Gbit/s nationwide – whether you’re at home in the city or in the country.
Data centers: Welcome to the new real estate asset class
Data centers have seen an explosion in growth over the last decade as companies outsource their infrastructure and move to the cloud. Switzerland is no exception and is seeing growth paralleling key markets around the world, says Eric Schwartz, chief strategy and development officer at Equinix.
UBP says global economy headed for “soft patch”
The global economy will probably go through a tough transition as policymakers come to grips with the need to rely less on central banks and more on government spending to spur growth, says Norman Villamin, chief investment officer at UBP. He doesn’t expect the hand off to happen before the second half of 2020. “But even right now, we’re surprised at how reluctant the policymakers in Germany seem to be about providing proactive fiscal stimulus.”