Germany

Dieselgate: humans and monkeys tested emissions for German carmakers

German carmakers Volkswagen came under fire Monday following revelations they helped finance experiments that saw humans and monkeys exposed to toxic diesel fumes that have been linked to asthma, lung diseases and heart attacks.
The disclosures sparked widespread outrage, led by Chancellor Angela Merkel who strongly condemned the latest controversy to hit the nation’s powerful but scandal-tainted auto industry.

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Switzerland aims for the Crypto Nation

Johann Schneider-Ammann, Switzerland’s economics minister, has said that the landlocked country should strive to "become the crypto-nation" if experiences in the Canton of Zug, colloquially known as Crypto Valley, remain positive. He made the comment in an interview with the news outlet SRF, as well as in a speech to the Crypto Finance Conference in St. Moritz, where he spoke after receiving a so-called "crypto award."

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Credit Suisse prefers European Solution after Brexit

Credit Suisse is considering spreading its trading, investment-banking and wealth management activities across several European locations after Brexit, «Bloomberg» reported, citing three sources on condition of anonymity.Switzerland’s second-largest bank is considering moving the activities affected by Brexit to a number of European cities, instead of replacing London with one large alternative location.

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Berlin and German cities too, the best bets for real estate investments

The latest PwC/ULI Emerging Trends in Real Estate Europe report sees Berlin take the top spot for real estate investment and development for the fourth year in a row.

Frankfurt has risen to second place after a year of solid growth, much of which has come from the financial sector in the aftermath of Brexit. Tied with Frankfurt is Copenhagen, whose booming residential sector has captured the attention of the international real estate industry. At number four is Munich, which-while expensive-has remained an attractive market for investors and developers alike. Madrid, benefiting from positive office rental growth prospects, has jumped four places to take the fifth spot.

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