Ukraine: Swiss Federal Council takes decision on various war materiel transactions

On June 3, 2022, the Swiss Federal Council took a decision on the matter of allowing Swiss war materiel to be transferred by third countries to Ukraine, and on the export of war materiel supplies in the form of individual parts and assembly packages to European defence companies. Based on the export criteria described in … More Ukraine: Swiss Federal Council takes decision on various war materiel transactions

Inflation in the OECD rises to 9.2% in April 2022 as food and services prices accelerate

    Consumer prices (CPI) in the OECD rose by 9.2 % year-on-year in April 2022, compared with 8.8 % in March 2022. Excluding food and energy, year-on-year inflation increased to 6.3 % in April 2022, compared with 5.9 % in March 2022. Food price inflation in the OECD continued to strongly pick up, reaching … More Inflation in the OECD rises to 9.2% in April 2022 as food and services prices accelerate

BASF offers range of chemical intermediates with product carbon footprint significantly below global market average

  Analysis comprising product-specific emissions from cradle to gate Market comparison reveals good position for a range of intermediates BASF has calculated the individual product carbon footprints (PCF) of a large part of its portfolio of chemical intermediates1. The results were compared with assessments of market-wide average carbon footprints of the corresponding products of third … More BASF offers range of chemical intermediates with product carbon footprint significantly below global market average

Will workplace flexibility be a casualty of the cost-of-living crisis?

By guest author Tom Ritchie from the Raconteur People want to split their working lives between home and HQ – and most employers seem happy to accommodate them. But there’s a chance that spiralling fuel and energy bills could jeopardise such arrangements. The hybrid model has emerged as the number-one choice for workers in the … More Will workplace flexibility be a casualty of the cost-of-living crisis?

Swiss Decrease of 0.2 % in nominal wages in 2021 and of 0.8 % in real wages

  The Swiss nominal wage index fell by 0.2 % on average in 2021 compared with 2020. It settled at 99.8 points (base 2020 = 100). Given an average annual inflation rate of +0.6 %, real wages fell by 0.8 % (99.2 points, base 2020 = 100) according to calculations by the Federal Statistical Office … More Swiss Decrease of 0.2 % in nominal wages in 2021 and of 0.8 % in real wages

Swiss Federal Councillor Ueli Maurer with financial sector at roundtable on sustainable finance

  On June 7, 2022 in Bern, Federal Councillor received the leaders of Swiss banks, asset managers and financial sector associations for a roundtable on sustainable finance. The meeting focused on the sustainable finance opportunities and developments for wealth management in Switzerland. Federal Councillor Maurer emphasised that the Swiss financial centre already plays a pioneering … More Swiss Federal Councillor Ueli Maurer with financial sector at roundtable on sustainable finance