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.
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Migros moves ahead with downsizing plans

2024-06-18

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2024-06-18

Migros is slimming down further. A buyer has been found for Melectronics, the Group announced on Tuesday. The retailer also intends to divest further subsidiaries. This will result in additional redundancies.

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‘Financial equalisation’ between Swiss cantons to increase in 2025

2024-06-11

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2024-06-11

Redistribution payments between regions will rise by 4.8% to CHF6.2 billion ($6.91 billion) in 2025, the Federal Finance Administration (FFA) said on Tuesday.

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Ticino approves lower taxes for the wealthy

2024-06-09

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2024-06-09

High incomes in the Swiss canton of Ticino will in future benefit from tax relief. A corresponding amendment to the law was approved by voters on Sunday. Compensatory measures for planned pension cuts for cantonal employees were also approved.

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Are we losing the race to control ‘killer robots’? | Listen to our Inside Geneva #podcast

2024-05-06

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New lethal autonomous weapons are now becoming established in modern warfare. In the latest episode of our Inside Geneva podcast, we discuss their use and their regulation. Tap on the video on our main channel to listen to the full episode. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more...

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Jehisson Santacruz playing the Colombian kuisi

2024-04-27

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Jehisson Santacruz is a Colombian artist who's been living in exile in Switzerland since 2019. He fled his home country more than once because of death threats. As part of the Colombian diaspora, he was able to take part in the search for testimonies launched by the Truth Commission, that's working to rebuild the national identity, giving a voice to the civil war's victims. He's very passionate about the arts and traditions of Colombia and played...

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SNB returns to quarterly profit thanks to Swiss franc weakness

2024-04-25

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2024-04-25

The Swiss National Bank (SNB) returned to a quarterly profit because of the weakness of the Swiss franc, potentially helping officials to rebuild the central bank’s depleted capital base. The Zurich-based institution notched up a gain of CHF58.8 billion ($64 billion) in the first quarter, according to a statement on Thursday. That’s the strongest start to the year on record.

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The Rwandan genocide: 30 years on | Listen to our Inside Geneva #podcast #Rwanda #genocide

2024-04-16

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In today's episode of our Inside Geneva podcast we look at the Rwandan genocide, 30 years after the slaughter of an estimated 800,000 Tutsis by Hutu militias. Why couldn't we stop it? And have we learned anything from it? Listen to our podcast to find out: 🎧Apple podcasts: https://podcasts.apple.com/ch/podcast/the-rwandan-genocide-30-years-on-witnessing/id1506227169?i=1000652583204 🎧Spotify:...

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Luftfahrtindustrie: Rückblick auf 2023 und Prognose für 2024

2024-04-16

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2024-04-16

Die Luftfahrtindustrie ist ein integraler Bestandteil des globalen Transportsystems und verbindet Menschen und Güter über große Entfernungen hinweg. Im Jahr 2023 zeigte die Branche trotz beispielloser Herausforderungen aufgrund der COVID-19-Pandemie Widerstandsfähigkeit und Anpassungsfähigkeit. Während wir uns auf das Jahr 2024 vorbereiten, wollen wir uns die Zahlen aus dem Jahr 2023 genauer ansehen und die Prognose für den Luftfahrtsektor im...

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Switzerland braced for wave of bank staff layoffs

2024-04-15

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2024-04-15

Redundancies at Switzerland's largest bank will test the capacity of the financial sector to absorb jobs. A year ago Credit Suisse staff were stunned by the sudden demise of their bank. Many are now fighting for their careers with 3,000 Swiss posts set to be axed by their new employer UBS, starting this year.

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UBS must build up more equity, says Swiss government

2024-04-14

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2024-04-14

UBS already has to build up additional equity capital because it has become much larger as a result of the Credit Suisse takeover, Finance Minister Karin Keller-Sutter said.

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Switzerland’s Growing Online Gambling Ecosystem and the Rise of iGaming White Label Solutions

2024-04-11

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2024-04-11

Switzerland is gaining recognition for something beyond its stunning landscapes and precision timepieces – its rapidly expanding online gambling industry. The remarkable growth in gaming platforms' popularity has been partly fueled by the adoption of igaming white label casino online solutions. These pre-built, fully licensed operational setups allow new ventures to launch their online casinos or sports betting sites swiftly.

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Investigation into collapse of Credit Suisse beset by delays

2024-03-14

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2024-03-14

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?

2024-03-07

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2024-03-07

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 

2024-03-07

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2024-03-07

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)

2024-03-05

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2024-03-05

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

2024-02-27

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2024-02-27

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

2024-02-25

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2024-02-25

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

2024-02-24

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2024-02-24

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

2024-02-17

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2024-02-17

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

2024-02-17

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2024-02-17

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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