The luxury industry faces pressure, but watches and jewelry remain attractive to investors. An analyst discusses the investment considerations for the stocks of Swatch Group and Richemont, explaining why they are currently under investor scrutiny.
Former England women’s international and sports investor Eni Aluko criticised UEFA’s decision to threaten a boycott of FIFA events, saying it reflects a lack of consultation over FIFA’s proposal to create a new commercial entity, FIFA Forward Enterprise, valued at $20 billion and seeking $4.2 billion from investors. The dispute highlights tensions between European football authorities and FIFA’s capital‑raising plan.
The Ethereum Foundation, a non‑profit based in Switzerland that supports the development of the Ethereum blockchain, added Pascal Caversaccio, the co‑founder of privacy‑focused startup SEAL 911, to its board. The move signals an increased emphasis on privacy and security within the Ethereum protocol.
Logitech’s CEO highlighted that a recent disruption at a major semiconductor supplier has created an unusually tight chip supply, impacting the company’s Q1 performance, component costs and pricing approach.
FINMA has moved against Zurich Insurance after the insurer offered policies to certain Swiss clients at prices below the levels approved by the regulator. As a consequence, Zurich plans to cut more than twelve jobs.
A Swiss court imposed a multi‑million‑euro penalty on private bank Lombard Odier over the Karimova money‑laundering case. The bank plans to appeal and rejects claims of internal failings.
Swiss cantonal bank BancaStato launched a regulated crypto trading offering by embedding Sygnum’s trading and custody platform into its Avaloq-based digital banking applications, allowing clients to buy and sell Bitcoin and other cryptocurrencies.
Researchers found that dollar‑backed stablecoins are less impacted by capital controls than conventional bank deposits, prompting the BIS to warn that these digital assets could undermine capital controls in emerging economies and challenge monetary sovereignty.
Vontobel recommends maintaining a margin of safety while investing in the abundant AI‑related corporate debt, suggesting that investors consider this sector despite the high issuance of such bonds.
Lakestar’s founder announced a new $300 million resilience fund to support European companies developing dual‑use and defence technologies, highlighting concerns about Europe’s reliance on U.S. tech providers.