Beyond cryptocurrencies, where else could blockchain transform our lives? Crypto-enthusiasts claim this technology could revolutionize many sectors, lowering costs and improving safety when it comes to intellectual property, SME financing or health care data. At the recent Blockchain Policy Forum, organized by the OECD at its headquarters in Paris, we met with three blockchain business leaders—Dominik Thor of Vaultitude, Agnes Hugot of FastTrackTrade, and Frank Ricotta of BurstIQ—to talk about their use cases.
This week in Business Update, we look at how the EU may treat Switzerland following the “mind-the-gap" trade deal between Bern and London. Also in the program: Nestlé’s bet with Starbucks, a sharp move for the Swiss franc, and a cryptocurrency checkup.
Project Circleg makes prosthetic legs out of plastic waste for amputees in developing countries. It’s one of Switzerland’s growing number of social enterprises, as co-founder Simon Oschwald and Aimée van der Wolde from Social Entrepreneurship Impact & Finance explain.
One is fast-paced and entrepreneurial, while the other is steeped in history. But could the new blockchain industry learn by looking to traditional banking? Eelco Fiole of Alpha Governance Partners tells us it’s not only possible, but potentially very fruitful.
Is Coca-Cola’s plan to collect and recycle the equivalent of every bottle or can it sells achievable by 2030? Bea Perez, the beverage giant’s senior VP and sustainability officer, discusses developing 100 percent recyclable packaging, CO2, and why over half the company’s portfolio now has no sugar.
The simple answer, according to Doug Baker, CEO and chairman of Ecolab, is no. “Unfortunately, that’s not how it works,” he says. Access costs money, and water is a valuable commodity. Companies make big bucks from selling it, and Ecolab has made a business out of helping industries consume less.
The 2019 WEF Global Risks Report paints a sobering picture of the world’s biggest threats, from geopolitical tensions to cyberattacks. Alison Martin, chief risk officer of Zurich Insurance, urges companies to prepare themselves for the risks of climate change—starting from the board.
This week we explore why 2020 is a risky year for Geneva’s luxury watch show, the SIHH. And ahead of the earnings report from UBS next week, @andreasschaffnercnn explains the extra challenges weighing on Swiss banks.
New research shows Swiss CEOs are younger than most and have a more international background. Hannah Wise examines the CEO profile with Heidrick & Struggles, the search firm, and discovers there’s still a lot of work to do when it comes to gender equality in executive role.
This week we break down the ABB deal, look at why Switzerland is still failing women, and hear from UBS whistleblower Bradley Birkenfeld about how he likes to spend his $104 million reward. Plus, we take a look at Switzerland’s Christmastime spending– and it is not what you might think.
Find out how Brexit is affecting us here in Switzerland, and why you should ask for a pay raise for the sake of the economy!