Airbnb announced a $50,000 insurance policy and the formation of a 24/7 customer support hotline Monday after two users recently said their use of the company's travel services had left them the victims of vandalism and theft.
Wednesday, April 25, 2012
Brightbridge Wealth Management Headlines Airbnb Offers $50,000 Insurance Policy After User's 'Nightmare'
http://www.care2.com/news/member/797895348/3220609
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Swiss stocks fell, with the country’s equity benchmark posting its longest streak of weekly losses since November, as China’s economy slowed more than forecast and concern about the euro-region debt crisis gained.
ABB Ltd. (ABBN), the world’s biggest power-grid supplier, led a drop in shares sensitive to economic growth. Cie. Financiere Richemont SA, the second-largest maker of luxury goods, also retreated. UBS AG (UBSN) and Credit Suisse Group AG (CSGN), the country’s two biggest banks, followed a gauge of European lenders lower.
The Swiss Market Index (SMI) slipped 0.9 percent to 6,072.12 at the close in Zurich.
Wednesday, November 16, 2011
Brightbridge Wealth Management Headlines: Helvetic’s Cardiff-Zurich flight’s Bristol stopover
http://articles.brightbridge-wealthmanagement.com/2011/11/brightbridge-wealth-management-headlines-helvetics-cardiff-zurich-flights-bristol-stopover/
An airline’s flights between Cardiff and Zurich will stop at Bristol, just 25 miles (40km) away, because too few tickets were sold in Wales.
It will add around 45 minutes to the flight in both directions.
Helvetic Airways said the stopover in Bristol would help business travellers and offer Swiss tourists a starting point for trips.
But Cardiff Airport said the airline had struggled to sell tickets in the opposite direction.
However, with the Welsh Government supporting the route through a marketing campaign in Switzerland, seat sales had been healthy from Zurich to Cardiff.
“Therein lies the issue here in why this particular airline is going to stop off in Bristol,” Cardiff Airport managing director Patrick Duffy told BBC Wales.
“It doesn’t have a problem in selling tickets for people coming into Wales, what it does have a problem with is selling tickets for people leaving Wales.
Continue reading the main story
“Start Quote
For business travellers, they really need a daily flight and with only three flights a week, that doesn’t really make it viable”
Alan BowenTravel expert
“Our decline in traffic is largely attributable to that particular issue.”
Cardiff Airport said the Zurich service required support from Welsh travellers to convince the airline to operate directly without stopping over the summer season.
Cardiff has lost more passengers over the past three years than any of the other major regional airports in the UK.
Spanish airline
According to figures from the Civil Aviation Authority, in 2007 it had 2,111,148 and in 2010 it had 1,404,613, a fall of 33%.
However, Cardiff Airport said it was the only regional airport in the UK to attract two airlines in recent months in difficult economic conditions.
Besides Helvetic, it was announced last month that a low-cost Spanish airline is to start direct flights to Barcelona.
The announcement by the Vueling airline came two days before Bmibaby halted its services from Cardiff.
Continue reading the main story
“Start Quote
For Swiss tourists, Bristol Airport is an ideal starting point for individual trips”
Bruno JansHelvetic
Independent travel expert Alan Bowen said it was always going to be difficult to attract enough passengers on the Cardiff-Zurich route.
Fast connection
“For business travellers, they really need a daily flight and with only three flights a week, that doesn’t really make it viable,” he said.
“It’s very viable for people who want to have a short break in Switzerland.”
Bruno Jans, chief executive of Helvetic, said: “With flights to Bristol, we develop our service in an economically strong region on the British Isles, providing many business travellers with a fast connection to Zurich.
“For Swiss tourists, Bristol Airport is an ideal starting point for individual trips.”
With the stopover in Bristol from next month, the flight between Cardiff and Zurich will take approximately two-and-three-quarter hours.
Plaid Cymru’s Neil McAvoy, deputy leader of Cardiff council, said the Welsh government needed to secure new business routes out of Cardiff.
He said the airport required routes to New York and Dubai, which would tie in with the new business district planned for Cardiff.
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Brightbridge funds seek to make equity and quasi-equity investments in a wide variety of enterprises. The range of investment sizes that will be considered by any fund depends on a number of factors, including the size of the particular fund. Historically, the typical range of investment sizes for individual Brightbridge funds had been from $10 million to approximately $100 million.
Brightbridge's initial focus and one of its continuing core strengths has been investments in "infrastructure" in emerging market economies. Through over 100 investments since 1994, Brightbridge has acquired a unique experience in investing in fixed and wireless telecommunications, cable television, power generation and transmission, and transportation. Brightbridge has, however, expanded this focus over time both in geographic and industry terms. Brightbridge has considerable experience in oil and gas and a number of industrial sectors including petrochemicals, cement and glass, a variety of agribusiness sectors and industries as diverse as the restaurant sector. Geographically, Brightbridge has also broadened its focus to apply its investments model to developed markets such as Japan and Hong Kong and the new member countries of the EU.
Brightbridge funds typically provide capital to growing companies at the expansion stage rather than at the start-up stage. In addition, Brightbridge will consider investment in mature companies that present restructuring opportunities. The stage at which an entry investment is made will vary depending on the overall risk/return profile of the individual investment at the time it is under consideration. Brightbridge will consider investing in "greenfield" projects either in association with a strategic corporate partner experienced in developing and operating projects or in certain regulated industries in which development risk is reduced through licenses, off–take agreements, etc.
Brightbridge Wealth Management and Financial Planning Updated News Articles
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Brightbridge Wealth Management Headlines: Helvetic’s Cardiff-Zurich flight’s Bristol stopover
An airline’s flights between Cardiff and Zurich will stop at Bristol, just 25 miles (40km) away, because too few tickets were sold in Wales.
It will add around 45 minutes to the flight in both directions.
Helvetic Airways said the stopover in Bristol would help business travellers and offer Swiss tourists a starting point for trips.
But Cardiff Airport said the airline had struggled to sell tickets in the opposite direction.
However, with the Welsh Government supporting the route through a marketing campaign in Switzerland, seat sales had been healthy from Zurich to Cardiff.
“Therein lies the issue here in why this particular airline is going to stop off in Bristol,” Cardiff Airport managing director Patrick Duffy told BBC Wales.
“It doesn’t have a problem in selling tickets for people coming into Wales, what it does have a problem with is selling tickets for people leaving Wales.
Continue reading the main story
“Start Quote
For business travellers, they really need a daily flight and with only three flights a week, that doesn’t really make it viable”
Alan BowenTravel expert
“Our decline in traffic is largely attributable to that particular issue.”
Cardiff Airport said the Zurich service required support from Welsh travellers to convince the airline to operate directly without stopping over the summer season.
Cardiff has lost more passengers over the past three years than any of the other major regional airports in the UK.
Spanish airline
According to figures from the Civil Aviation Authority, in 2007 it had 2,111,148 and in 2010 it had 1,404,613, a fall of 33%.
However, Cardiff Airport said it was the only regional airport in the UK to attract two airlines in recent months in difficult economic conditions.
Besides Helvetic, it was announced last month that a low-cost Spanish airline is to start direct flights to Barcelona.
The announcement by the Vueling airline came two days before Bmibaby halted its services from Cardiff.
Continue reading the main story
“Start Quote
For Swiss tourists, Bristol Airport is an ideal starting point for individual trips”
Bruno JansHelvetic
Independent travel expert Alan Bowen said it was always going to be difficult to attract enough passengers on the Cardiff-Zurich route.
Fast connection
“For business travellers, they really need a daily flight and with only three flights a week, that doesn’t really make it viable,” he said.
“It’s very viable for people who want to have a short break in Switzerland.”
Bruno Jans, chief executive of Helvetic, said: “With flights to Bristol, we develop our service in an economically strong region on the British Isles, providing many business travellers with a fast connection to Zurich.
“For Swiss tourists, Bristol Airport is an ideal starting point for individual trips.”
With the stopover in Bristol from next month, the flight between Cardiff and Zurich will take approximately two-and-three-quarter hours.
Plaid Cymru’s Neil McAvoy, deputy leader of Cardiff council, said the Welsh government needed to secure new business routes out of Cardiff.
He said the airport required routes to New York and Dubai, which would tie in with the new business district planned for Cardiff.
Monday, August 15, 2011
Brightbridge Wealth Management Headlines: Franc Expected To Boost Swiss M&A In Second Half
http://www.prbot.com/57899-brightbridge-wealth-management-headlines-franc-expected-to-boost-swiss-ma-in-second-half.html
ZURICH (MarketWatch) — The Swiss mergers and acquisitions market is expected to continue its resurgence in the second half of 2011 after the second quarter saw deal volumes go up threefold, according to consultancy Ernst & Young.
The continued economic upturn together with the surging value of the Swiss franc is expected to drive an increase in acquisitions past 2010 levels.
In the second quarter of the year, deal volume rose to 38.2 billion Swiss francs ($47.5 billion) up from CHF12.5 billion in the first quarter and significantly higher than the CHF4.6 billion achieved in the second quarter of 2010.
The total number of deals remained relatively unchanged during the period at about 225.
“Last year the total volume was $52 billion with around 460 deals. For this year, total deal volume might be able to increase to $100 billion,” said Marc Reinhardt, senior manager for mergers and acquisitions at Ernst & Young in Zurich.
The Swiss franc has risen 6.8% against the euro and 9.3% against the dollar during the second quarter of 2011, making it cheaper for Swiss companies to buy foreign companies.
“We know there are a lot of deals being helped by the Swiss franc. Companies are buying firms in the euro area and in emerging markets, and the strength of the franc is making it easier for them in some cases,” said Reinhardt.
Many companies have sufficient funds available for acquisitions, he added.
Companies are looking to have more of their costs outside the franc area, which would help reduce the impact of the currency eating into their margins.
“They want to encase their natural hedge,” said Reinhardt, who added revenue growth was the other main motivation for companies.
But the number of deals coming in might drop if the Swiss franc continues appreciating at its current pace, the consultancy said.
Areas such as high tech, IT telecommunications, financial services and energy are expected to be among the most active for M&A activity during the remainder of 2011, E&Y said.
The largest transaction announced in the second quarter was the $13.7 billion deal by Japan’s Takeda Pharmaceutical Company (4502.TO) to buy Swiss pharma company Nycomed SICA S.C.A.
The $21 billion acquisition of Synthes Inc. (SYST.VX) by Johnson & Johnson JNJ -0.45%was actually the largest in the period, but wasn’t included in the Swiss M&A statistics because Synthes is headquartered in the U.S.
The media, technology and telecommunications sector was the most active industry in terms of the number of M&A transactions during the second quarter, accounting for slightly more than 20% of the deals, E&Y said.
The continued economic upturn together with the surging value of the Swiss franc is expected to drive an increase in acquisitions past 2010 levels.
In the second quarter of the year, deal volume rose to 38.2 billion Swiss francs ($47.5 billion) up from CHF12.5 billion in the first quarter and significantly higher than the CHF4.6 billion achieved in the second quarter of 2010.
The total number of deals remained relatively unchanged during the period at about 225.
“Last year the total volume was $52 billion with around 460 deals. For this year, total deal volume might be able to increase to $100 billion,” said Marc Reinhardt, senior manager for mergers and acquisitions at Ernst & Young in Zurich.
The Swiss franc has risen 6.8% against the euro and 9.3% against the dollar during the second quarter of 2011, making it cheaper for Swiss companies to buy foreign companies.
“We know there are a lot of deals being helped by the Swiss franc. Companies are buying firms in the euro area and in emerging markets, and the strength of the franc is making it easier for them in some cases,” said Reinhardt.
Many companies have sufficient funds available for acquisitions, he added.
Companies are looking to have more of their costs outside the franc area, which would help reduce the impact of the currency eating into their margins.
“They want to encase their natural hedge,” said Reinhardt, who added revenue growth was the other main motivation for companies.
But the number of deals coming in might drop if the Swiss franc continues appreciating at its current pace, the consultancy said.
Areas such as high tech, IT telecommunications, financial services and energy are expected to be among the most active for M&A activity during the remainder of 2011, E&Y said.
The largest transaction announced in the second quarter was the $13.7 billion deal by Japan’s Takeda Pharmaceutical Company (4502.TO) to buy Swiss pharma company Nycomed SICA S.C.A.
The $21 billion acquisition of Synthes Inc. (SYST.VX) by Johnson & Johnson JNJ -0.45%was actually the largest in the period, but wasn’t included in the Swiss M&A statistics because Synthes is headquartered in the U.S.
The media, technology and telecommunications sector was the most active industry in terms of the number of M&A transactions during the second quarter, accounting for slightly more than 20% of the deals, E&Y said.
# # #
Brightbridge is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors. Brightbridge is manager of -- or principal advisor to -- private equity funds covering Asia, Latin America, Europe, Africa, and the Islamic countries that span the globe from North Africa through the Middle East and into Asia.
Brightbridge Wealth Management Headlines: Destination for Swiss investors
http://www.hotbmarks.com/business-economy/brightbridge-wealth-management-headlines-destination-for-swiss-investors/
ZURICH – President Swiss Business Council Pakistan Farukh Mazhar, currently leading a delegation of heads of Pakistan based Swiss companies and prominent Pakistani businessmen to Zurich, said that Pakistan is a huge opportunity destination for investors despite all odds.
Mazhar was addressing a seminar in Zurich at the start of an extensive interaction between the business leaders of the two countries, says a press release.
Presenting the opening address in Zurich, Farukh Mazhar said, “The Pakistani delegation is anxious to explore possibilities of mutual interest with their counterparts here in Zurich.”
Pakistani business leaders fully understand the objective behind this initiative and the dynamic members of the delegation aim to highlight investment opportunities.
within Pakistan for soliciting Foreign Direct Investment from Switzerland as well as exploring export opportunities to Switzerland, Mazhar further added.
In November 2008, Swiss Business Council in Pakistan formed an alliance with Swiss Asian Chamber of Commerce (SACC) to work together in order to develop and expand trade and investment opportunities between both countries. SACC headquartered in Zurich is a strong Chamber of Commerce in Switzerland with business links to 12 Asian countries. Pakistan is now a part of this great Swiss Asian business axis. The Swiss Business council Pakistan and its members hugely value this association, said Mazhar.
ZURICH – President Swiss Business Council Pakistan Farukh Mazhar, currently leading a delegation of heads of Pakistan based Swiss companies and prominent Pakistani businessmen to Zurich, said that Pakistan is a huge opportunity destination for investors despite all odds.
Mazhar was addressing a seminar in Zurich at the start of an extensive interaction between the business leaders of the two countries, says a press release.
Presenting the opening address in Zurich, Farukh Mazhar said, “The Pakistani delegation is anxious to explore possibilities of mutual interest with their counterparts here in Zurich.”
Pakistani business leaders fully understand the objective behind this initiative and the dynamic members of the delegation aim to highlight investment opportunities.
within Pakistan for soliciting Foreign Direct Investment from Switzerland as well as exploring export opportunities to Switzerland, Mazhar further added.
In November 2008, Swiss Business Council in Pakistan formed an alliance with Swiss Asian Chamber of Commerce (SACC) to work together in order to develop and expand trade and investment opportunities between both countries. SACC headquartered in Zurich is a strong Chamber of Commerce in Switzerland with business links to 12 Asian countries. Pakistan is now a part of this great Swiss Asian business axis. The Swiss Business council Pakistan and its members hugely value this association, said Mazhar.
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