Category Archive: 3) Swiss Markets and News

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Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.

Investigation into collapse of Credit Suisse beset by delays

In March 2023, Credit Suisse collapsed. An uncontrolled bankruptcy could only be prevented by big government aid and an emergency merger with competitor UBS. Switzerland is now waiting for a parliamentary inquiry report to reveal who was at fault as the bank disintegrated.

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CEO pay: can Switzerland compete with the US?

Swiss CEOs are some of the best paid in Europe but compared to peers in the United States, their salaries look modest. Some in the Swiss pharmaceutical industry see this as a problem.

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SWISS reports highest ever profit 

SWISS’ turnover totalled CHF5.3 billion ($6 billion) last year, the airline announced on Thursday, a significant increase on the previous year’s CHF4.4 billion, and a return to 2019 levels for the first time since the pandemic.

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Vorwort des Buches « L’Humanité vampirisée ». Philippe Bourcier de Carbon (version Allemande)

Philippe Bourcier de CarbonIngenieur der Hochschule Polytechnique, DemographGründungsvorsitzender von AIRAMA, « Internationale Allianz für die Anerkennung der Beiträge des Nobelpreisträgers Maurice Allais »

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Swiss exports to Russia suspected of evading sanctions

Since the beginning of the Ukraine war, Swiss exports to countries close to Russia have increased significantly – which points to a possible evasion of sanctions.

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Switzerland’s marriage tax penalty back in the spotlight

Married couples in Switzerland are taxed together, unlike unmarried couples who are taxed individually. This often acts as a tax disincentive for one spouse to work, disproportionately affecting women.

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More than 17,000 drivers fined in a month on one Zurich street

At the end of September 2023, driving was banned on a 60 metre section of Langstrasse in Zurich. To enforce the ban, cameras were later set up on 8 January 2024 to catch and fine errant drivers. Since then 17,310 fines have been issued.

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Swiss supercomputer aims to make AI open to all

Much of the progress being made in AI is captured within private companies aiming to keep in to themselves in order to profit from it. Open AI, a project started as an open-source non-profit has morphed into a largely closed-source profit-maximising project increasingly integrated into the software company Microsoft.

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Swiss government deficit larger than predicted

The federal government spent less in 2023 than budgeted but overestimated revenue. The net effect was an additional shortfall of CHF 1.4 billion, reported SRF.

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Young Socialists demand inheritance tax on ‘super rich’

The wealthiest in society “must pay for the fight against the climate crisis”, said the group on Thursday as they handed in over 140,000 signatures for a people’s initiative.

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India eyes $100bn investment deal with Switzerland and Norway

India is close to finalising a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion (CHF87 billion) over 15 years in exchange for easier trade access to the world’s most populous nation, according to people with knowledge of the matter.

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Switzerland marks start of China’s ‘high-level exchange’ with Europe

Chinese Premier Li Qiang is visiting Switzerland this week. The official state visit by China’s second highest ranking official signals a renewal in Sino-Swiss ties and the kick-off of his “high-level exchange” with Europe. Here’s what you need to know about official Swiss-Chinese relations.

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Investitionstipps für Anfänger: Praktische Ratschläge für den Einstieg

Investieren unterscheidet sich grundlegend vom bloßen Spekulieren oder dem Hoffen auf schnelle Gewinne, wie man sie vielleicht in einem Casino erwarten könnte. Es geht vielmehr darum, durchdachte und informierte Entscheidungen zu treffen, die auf einer langfristigen Perspektive und einem Verständnis des Marktes basieren. Für Neulinge in der Welt der Finanzen kann dies eine Herausforderung darstellen, …

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Swiss banker pleads guilty to tax offences in the US

A Swiss banker has pleaded guilty to tax offences in the United States. Between 2008 and 2014, he allegedly helped wealthy US clients hide their assets from the US authorities in accounts at Zurich-based Ihag Privatbank.

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Inside Geneva: UN Correspondents assess 2023

In this episode Imogen Foulkes is joined by New York Times contributor Nick Cumming-Bruce, Emma Farge of Reuters, and Dorian Burkhalter of Swissinfo, to look back at 2023 and the stories that made the news.

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Swiss budget agreed with humanitarian spending cut

Switzerland’s parliament has finalised the 2024 budget after agreeing to a CHF10 million cut on humanitarian funding.

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Inside Geneva talks to Navi Pillay: from the apartheid regime to the UN

On Inside Geneva: part four of our series marking the 75th anniversary of the Universal Declaration of Human Rights. Imogen Foulkes talks to Navi Pillay, who served as UN Human Rights Commissioner from 2008 to 2014.

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Politicians want 75% of Swiss CO2 emissions to be cut at home

Switzerland must reduce at least three-quarters of its carbon emissions in the Alpine country, the House of Representatives agreed on Wednesday.

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Palliative care without the hospital vibe

Many people who are terminally ill would prefer to spend their last days at home. However, this is often not possible. "La Maison de Tara" in Geneva offers a cosy alternative to hospital. Round-the-clock care by volunteers, home cooked food and medical assistance on tap are all part of its charm. The volunteers say "it's not a house of death but a house of love". swissinfo.ch visited the home to find out why. --- swissinfo.ch...

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Exploring Science in Davos: EP6 Lab 42 AI lab decoding the human brain

Artificial intelligence chatbots like ChatGPT generate remarkably human-like results. But how intelligent is it really? SWI swissinfo.ch visits Lab42, a new AI lab in Davos, which is deploying playful techniques to better understand the fundamentals of human intelligence. In addition to the annual World Economic Forum (WEF) gathering, Davos is home to several leading research institutes. The newest is Lab 42, which opened its doors in July 2022,...

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