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.

Eierläset: when spring triumphs over winter in Swiss villages

When spring is just around the corner, winter is driven away in many places around the world. In northwestern Switzerland a special custom is practised: the Eierläset. Eggs take centre stage, but every village celebrates this ancient fertility custom a little differently: from sporty to very boisterous. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a...

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Swiss airline Edelweiss cancels US and Oman flights as oil prices rise

Swiss airline Edelweiss has cancelled some routes to the United States and Oman due to reduced passenger demand and rising fuel prices, aggravated by the geopolitical situation. +Get the most important news from Switzerland in your inbox In a statement issued today, the Swiss holiday airline explains that the adjustment particularly affects the connections to North America in the summer schedule.

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Swiss sustainable finance initiative submitted

A Swiss popular initiative demanding a more sustainable financial centre has been submitted with over 145,000 signatures. +Get the most important news from Switzerland in your inbox The banks and other financial actors must take more responsibility for climate and nature protection, according to an alliance of politicians, business people and NGOs behind the initiative. …

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Switzerland to open more train services to south of France

For the summer, Swiss Federal Railways will offer further direct services to European destinations such as Rimini, Aix-en-Provence and Marseille. +Get the most important news from Switzerland in your inbox Passengers will have to be patient, however, as works are expected to disrupt some services. Direct TGV services will run from Thursday to Monday to …

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Zurich airport begins work on new private jet terminal

Zurich airport has officially started construction work on a new terminal for private and business flights. +Get the most important news from Switzerland in your inbox The project, which utilises the western area of the airport, includes hangar, apron, parking and office space. The total cost is around CHF100 million. The terminal will be built …

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Swiss organisation wins award for tracking data centre pollution

The impact of data centres on the environment and the climate is hard to measure. The Swiss Datacenter Efficiency Association has recently won international recognition for a tool that assesses the facilities’ footprints. Any activity that uses the internet – working from home with a computer, paying for dinner with a credit card, or generating …

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Afghanistan’s Taliban tap Swiss, other travellers for flyover fees

The Taliban are experiencing a windfall by collecting fees from passengers flying over Afghanistan. The move is bringing in tens of millions of dollars, including from Swiss travellers, without providing any service in return. Adapted routes Many more aircraft are currently flying over Afghanistan than before the Iran war. It is estimated that there are …

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AI armageddon, NATO alliance wobbles and SpaceX going public

The latest threat of AI apocalypse has inspired a mixture of dread and doubt in the Swiss press. But the antics of mega-US companies might also serve as inspiration for others. Welcome to our press review of events in the United States. Every Wednesday we look at how the Swiss media have reported and reacted … Continue...

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Novartis CEO joins Anthropic’s board of directors

Anthropic has appointed Vasant Narasimhan, current CEO of Swiss pharma giant Novartis, as a member of its independent board of directors. The structure now has seven members, the US.-based AI company said. +Get the most important news from Switzerland in your inbox The appointment was made in accordance with Anthropic's specific governance structure, the Long-Term …

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UBS CEO: Integration is complete but next transformation underway

According to Group CEO Sergio Ermotti, the Swiss bank UBS is making good progress integrating Credit Suisse, which was acquired three years ago. At the same time, management is working on preparing the bank for the coming decade. +Get the most important news from Switzerland in your inbox "2025 was another very good year for …

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Swiss generics maker Sandoz signs deal with Rwandan government

Sandoz has signed an agreement with the Rwandan government for the direct supply of essential medicines, including antibiotics and cancer drugs. +Get the most important news from Switzerland in your inbox In addition to Rwanda, the supply is intended to include selected African partner countries and could be expanded in the future. The agreement with …

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From e-cigarettes to lab devices: surprising facts about Swiss patents

Switzerland is the most innovative country in Europe in terms of patents, according to statistics from the European Patent Office (EPO) in Munich. Swiss companies, researchers and developers registered 9,914 patents last year – more per capita than anywhere else. Here are the five most exciting points about the new statistics. 1 Roche beats Novartis …

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Passenger numbers at Zurich airport rose in March despite Iran war

Zurich Airport has continued its upward trajectory despite the war in Iran. Passenger numbers climbed again in March. The shops also made more turnover. +Get the most important news from Switzerland in your inbox In March, 2.47 million passengers travelled through Zurich Airport, according to a press release issued on Tuesday evening. This represents an …

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Geneva watch fair expects record attendance

For the Swiss watch industry, physical events, like the Geneva watch fair, are of great importance after the coronavirus pandemic, despite growing digitalisation. +Get the most important news from Switzerland in your inbox Cyrille Vigneron, president of the Watches and Wonders Geneva Foundation (WWGF), said such fairs are special. + Swiss watchmakers feel pinch amid …

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SWISS continues to suspend flights to Dubai

Swiss International Air Lines (SWISS) will continue to suspend its flights to and from Dubai until July 11 due to the uncertain situation in the Middle East. +Get the most important news from Switzerland in your inbox This was announced by the airline on Tuesday. It was previously known that the flights would be cancelled … Continue...

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Switzerland hit by stricter EU steel import rules

The Swiss steel industry is facing tougher European tariffs after the European Union tightened import rules to protect the industry. +Get the most important news from Switzerland in your inbox EU member states and parliament have agrred that in future the duty-free import volume for steel will be limited to 18.3 million tonnes per year, …

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Swiss bubble-car maker cries foul over incentives limited to large EVs

The entrepreneur behind the Micro scooter craze that took the world by storm is taking on the Swiss government over climate benefits that exclude his latest venture – the Microlino electric “bubble car”. Wim Ouboter is contesting Switzerland’s carbon trading regulations, arguing they unfairly exclude his two-seat electric vehicle (EV) from a system that financially …

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‘No to ten million’ vote – should Switzerland cap its population?

On June 14, Swiss voters will head to the polls to decide on the “No to ten million” initiative, which seeks to cap immigration. What impact would such a restriction have on the country? How did this initiative come about? The right-wing Swiss People’s Party launched the “No to ten million” immigration initiative, arguing that …

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Criminal investigation launched after Swiss minister’s chatbot misogyny complaint

Following a complaint lodged by Swiss Finance Minister Karin Keller-Sutter, the Bern public prosecutor's office has opened an investigation over insult and defamation. A user of the social network X prompted the AI Grok chatbot to conjure insults against the minister. The Bern public prosecutor's office confirmed to news agency Keystone-SDA that it had launched …

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Cement firm Lafarge found guilty of financing terrorism in Syria

French cement manufacturer Lafarge and eight former executives were found guilty on Monday of financing terrorism in 2013 and 2014, for paying jihadist groups to keep a factory running in the midst of the war in Syria. The company, which has since been merged with Swiss cement manufacturer Holcim group, made payments to three jihadist …

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