Category Archive: Swiss Markets and News

Main Author Investec
Investec
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.
My articlesMy siteAbout meMy books
Follow on:TwitterLinkedIN

Swiss Asset Manager Settles US Tax Evasion Charges

2017-08-20

by

2017-08-20

The Geneva asset management firm Prime Partners has agreed to pay $5 million (CHF4.8 million) to the United States to settle charges for tax evasion and assisting US taxpayers in opening and maintaining undeclared foreign bank accounts from 2001 to 2010.

Read More »

Higher Swiss health premiums for those with high deductibles challenged by commission

2017-08-20

by

2017-08-20

Swiss Health Insurance
In June 2017, Switzerland’s Federal Council announced plans to reduce the discounts offered to those willing to risk paying the first chunk of their annual medical bills. The plan included reducing the maximum premium discounts given for opting for deductibles, the amount paid by the insured before insurance kicks in.

Read More »

Swiss companies pull out of Venezuela

2017-08-19

by

2017-08-19

Swiss firms have been cutting hundreds of jobs in long-established branch offices in Venezuela, as the oil-producing country experiences an economic and political crisis. “The disaster – economic, social, political and humanitarian – which is engulfing Venezuela with the government of [president] Nicolas Maduro is forcing Swiss companies to resize their presence or to gradually leave the country,” wrote French-language newspaper Le Temps, which...

Read More »

L’explosion de la fortune des plus riches en France grâce au Casino. Liliane Held-Khawam

2017-08-19

by

2017-08-19

doubleu-casino-android-hack-no-surveys
2007. Crise des subprimes. De l’argent public se déverse en abondance dans les circuits financiers mondiaux qui turbinent à la monnaie centrale. Comprenez que c’est de l’argent scripturale bancaire qui a été élevé au rang d’argent garanti par les Etats via leurs banquiers centraux.

Read More »

Government compromises on medical tariffs

2017-08-18

by

2017-08-18

The Swiss cabinet has approved an amended billing system for medical treatments aimed at creating more transparency and limiting a further increase in healthcare costs.The decision is expected to lead to annual savings of CHF470 million ($483 million) and a drop of about 1.5 percentage points in insurance fees for patients, according to Interior Minister Alain Berset.

Read More »

Passengers may pay price for Air Berlin strife

2017-08-17

by

2017-08-17

Airline passengers in Switzerland are bracing themselves for a hike in prices for flights to Germany following the insolvency of budget carrier Air Berlin. The airline had been running at a loss for several years, prompting owner Etihad to pull the plug on Tuesday.

Read More »

Jumbolinos Wheeled out to Pasture

2017-08-16

by

2017-08-16

Swiss International Air Lines has for the last time flown passengers in an Avro RJ100, fondly called a Jumbolino by many pilots, flight attendants and passengers. The full plane, which flew from London to Zurich on Monday night, carried 81 passengers.

Read More »

Indian arms dealer’s Swiss accounts under scrutiny

2017-08-16

by

2017-08-16

Swiss authorities have received requests for information concerning possible Swiss bank accounts of Indian defence deals broker Sanjay Bhandari. He is under investigation for allegedly helping Swiss firm Pilatus secure an order for 75 training aircraft for the Indian Air Force in 2012.

Read More »

Lettre à la Suisse. Par Sébastien Jallamion

2017-08-15

by

2017-08-15

Tout d’abord, j’ai posé mon regard sur un paysage naturel où les nombreux sites se marient avec une agriculture dont la France a perdu jusqu’au souvenir. Ici, pas de monoculture subventionnée par l’Union Européenne : les champs sont restés des mosaïques aux couleurs de blé, de tournesol, de maïs, et les vignes, lorsqu’elles s’étendent en bordure des villages, les prolongent en même temps qu’elles les protègent d’une urbanisation...

Read More »

Swiss Rail advert triggers accusation of sexism

2017-08-15

by

2017-08-15

According to various newspapers, Swiss Rail placed an advert on a job portal at ETH, a university in Zurich, offering work to cunning vixens, “schlaue Füchsinnen” in German. Successful applicants need to dress up as foxes, including fox tails, and run around train stations with posters informing travellers of alternative train connections.

Read More »

Swiss rank second in Europe for online spending

2017-08-13

by

2017-08-13

According to a European comparison, Swiss residents spend the second-most money annually on online purchases, after British shoppers. Each year, people in Switzerland click their way to an average of CHF1,172 ($1,202) in online goods per person. Shoppers in Britain topped the list with CHF1,280 in online purchases, with Norwegians coming in third at CHF1,053 per year.

Read More »

UberPop service cancelled in Zurich

2017-08-12

by

2017-08-12

Car-and-driver provider Uber has decided to drop its UberPop service in Zurich following controversy over its legality. The change does not apply to Basel or Geneva. The change takes effect on Thursday at midday. Zurich UberPop drivers will have three months to get permits that will allow them to chauffeur passengers for pay under the more expensive UberX and UberBlack services.

Read More »

Would you take a pilotless plane?

2017-08-11

by

2017-08-11

Pilotless cargo and passenger planes could be in use within eight years and save airlines billions, according to a report by Swiss bank UBS. But customers remain wary of the new technology despite potential fare reductions. “In the not-too-distant future, we would expect to see a situation where flights are pilotless or the number of pilots shrinks to one, with a remote pilot based on the ground and highly-secure ground-to-air communications,” the...

Read More »

Increased demand from Asia helps fill Swiss hotel rooms

2017-08-10

by

2017-08-10

The number of overnight stays in Swiss hotels rose by 4.4% in the first half of 2017 compared to the same period the year before. Tourists from India and China were largely responsible for the increase in demand. According to figures released by Federal Statistical Office on Monday, tourists – both domestic and international – spent a total of 17.6 million nights in Swiss hotels during the first semester.

Read More »

Addax Petroleum to close operations in Geneva

2017-08-10

by

2017-08-10

Chinese-owned oil and gas extractor firm Addax Petroleum is shutting its offices in the Swiss city of Geneva as well as in Aberdeen, Scotland and Houston in the United States. The company on Monday confirmed a report by the Tribune de Genève newspaper, saying its parent firm Sinopec International Petroleum Exploration and Production Corporation (SIPC) would integrate the three offices into a new technical centre in Beijing by the end of this year.

Read More »

Switzerland: Number of ‘near miss’ plane incidents double

2017-08-09

by

2017-08-09

Switzerland’s transport safety authority reports an increase in serious violations of air safety regulations that could have potentially led to collisions. According the 2016 annual report of the Swiss Transportation Safety Investigation Board released end of July, the number of aviation incidents are on the decrease (1,219 in 2016 vs 1,260 in 2015).

Read More »

Aldi Switzerland stops selling eggs as insecticide scandal widens

2017-08-09

by

2017-08-09

The discount supermarket chain Aldi Switzerland is withdrawing all imported eggs from sale at its 190 stores as a precaution, it said on Friday, as a scare over possible insecticide contamination spreads. Swiss eggs are not affected, officials say.

Read More »

Dying men generate higher health costs

2017-08-07

by

2017-08-07

Both gender and location influence the cost of end-of-life healthcare in Switzerland, finds a study funded by the Swiss National Science Foundation. In their analysis of 113,277 people who died between 2008 and 2010, researchers studied regional variations in cost of care during the last 12 months of life in Switzerland. Per person, the mean cost of care during that final year was CHF32,500 ($33,540).

Read More »

Median Swiss salaries by occupation, region, gender and immigration status

2017-08-06

by

2017-08-06

If you have ever wondered how much employees in Switzerland get paid you can check with the online tool Salarium, created by the Swiss government. The information is compiled from a database of numbers from a salary survey done in 2014.

Read More »

Gotthard Rail Tunnel Boosts North-South Traffic by a Third

2017-08-06

by

2017-08-06

About 2.3 million rail passengers have travelled through the new transalpine tunnel in Switzerland over the past eight months, an increase of 30% compared with same period a year ago. On average, 10,400 people cross the Gotthard base tunnel in central Switzerland every day, according to the Federal Railways.

Read More »
Page 112345...10...Last »