GF to divest its stake in US automotive joint venture

GF Casting Solutions, a division of GF, and Linamar Corp., Guelph (Ontario, Canada), have agreed that GF will sell its 50 % stake in the joint venture to its Canadian partner. The joint venture GF Linamar LLC commenced operations with a high-pressure die-casting facility located in Mills River, NC (US) in 2017. The company successfully … More GF to divest its stake in US automotive joint venture

Swiss Consumer prices increased by 0.6 % in March 2022

The consumer price index (CPI) increased by 0.6% in March 2022 compared with the previous month, reaching 103.0 points (December 2020 = 100). Inflation was +2.4% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.6 % increase compared with the previous month is … More Swiss Consumer prices increased by 0.6 % in March 2022

Inflation Weighed on U.S. Consumer Spending Growth in February

Annual inflation rose to 6.4 % using the Federal Reserve’s preferred gauge By guest author Gabriel T. Rubin from the Wall Street Journal. Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased and inflation accelerated amid Russia’s invasion of Ukraine. U.S. households boosted their … More Inflation Weighed on U.S. Consumer Spending Growth in February

Best of Swissnex 2021: The Annual Report is available online

    Swissnex is the global network connecting Switzerland and the world in education, research and innovation. Its mission is to support the outreach and active engagement of its partners in the international exchange of knowledge, ideas and talent. In 2021, Swissnex organized over 190 events and activities in collaboration with Swiss and international partners. … More Best of Swissnex 2021: The Annual Report is available online