Category Archive: 3) Swiss Markets and News

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Marco Syfrig, CEO Burkhalter Group

Syfrig spricht über die Jahreszahlen 2018 und die weiteren Aussichten der Burkhalter Group.

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Marco Syfrig, CEO Burkhalter Group

Syfrig spricht über die Jahreszahlen 2018 und die weiteren Aussichten der Burkhalter Group.

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Holiday traffic jams build at Gotthard tunnel

The start of the Easter holidays in many Swiss cantons is causing long tailbacks at the Gotthard tunnel in central Switzerland, with waits of more than two hours at the northern end. Just before midday on Saturday, the traffic queue to enter the tunnel going south stretched for 14 kilometres, according to the Touring Club of Switzerland (TCS). There was also a two-kilometre tailback at the southern end.

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Swiss unemployment above northern european average

Switzerland is often assumed to have low unemployment. However, there are many countries in Europe with lower rates. There are several ways to measure unemployment. The official measure in Switzerland is focused on those officially registered as unemployed still collecting unemployment benefits, a measure that delivers a lower figure than the one calculated by the International Labour Organisation (ILO).

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Swiss test finds toxic substances in e-cigarettes

Testing commissioned by Blue Cross, a Swiss organisation focused on helping those with addictions, found toxic substances in the Iqos electronic cigarette produced by Philip Morris, according to the newspaper 20 Minutes.

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Swisscom forges ahead with 5G amid safety fears

Telecoms operator Swisscom says it plans to cover 90% of Switzerland with “5G” fifth-generation mobile communications by the end of this year. “As soon as we have the concession for the new mobile frequencies, we will activate our networks,” Swisscom director Urs Schaeppi told the media on Wednesday. The networks were put in place in partnership with Swedish telecoms company Ericsson.

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Börsen-Talk vom 5. April 2019

Fondsmanager Martin Lehmann ist überzeugt, dass der Aktienmarkt noch Luft nach oben hat. Im cash-Börsen-Talk sagt er auch, welche Titel unter den Small und Mid Caps seiner Einschätzung nach weiter Potential haben.

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Medical funding from big pharma continues apace

An investigative report by a group of Swiss newspapers has revealed the extent to which pharmaceutical companies are funding hospitals, doctors, and medical centres in the country. CHF458 million ($456.5 million): this was the amount paid by the 60 pharma companies based in Switzerland to various arms of the medical profession between 2015 and 2017, according to a report by the Beobachter, Handelszeitung, Blick, and Le Temps newspapers.

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More Swiss bankruptcies in 2018 than ever before

Last year saw a record number of bankruptcy procedures opened in Switzerland, with almost 14,000 cases involving bust businesses and individuals. The record numbers, released on Thursday by the Federal Statistical Office, mark a 5.4% increase on 2017 and translate to overall financial losses of some CHF2 billion ($2 billion).

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Ailing fintech Monetas goes into liquidation again

Bankruptcy proceedings have been reignited against troubled Swiss digital payments company Monetas more than a year after the enterprise hit serious financial difficulties. Efforts to find a new buyer appear to have come to nothing as the firm goes into liquidation.

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Hunting for the cheapest mechanical watch in Baselworld

The world’s biggest watch fair is where luxury watches from the famous Swiss brands are launched. swissinfo.ch went looking for low-budget alternatives. --- 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 articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...

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Swiss circus dynasties celebrate centuries of tradition

Switzerland’s national circus is celebrating its 100th birthday. But it’s not the only circus dynasty in the Alpine country. The Circus Stey was founded by an English miller’s son back in 1437. Circus Nock has been going for eight generations and has its roots in Germany and Austria. The artistes learnt their skills at an …

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Watching glaciers melt in virtual reality

Swiss researchers have used virtual reality to model and help the wider public visualise how the largest Swiss glaciers will shrink by 2070 under the effects of global warming. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss …

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Remembering Franz Weber

The Swiss environmentalist Franz Weber has died at the age of 91. The Basel activist was responsible for over 150 campaigns but is best known for his defence of the alpine landscape, in particular against the spread of secondary residences. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is …

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Foreign Investors Own 60 percent of Swiss Corporations

Global financial institutions are increasingly dominating the shareholders of major Swiss companies, according to the Sunday editionexternal link of the Neue Zürcher Zeitung (NZZ). The German-language newspaper points to Swiss banking giant Credit Swiss as a prime example of a financial institution where traditional shareholder democracy is eroding fast.

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Income inequality declines in Switzerland

In 2016, before the effects of taxes and welfare, the highest earning 20% of Swiss households made on average 40.8 times what an average household in the bottom 20 percent made, an inequality measure known as the S80/S20. However, after taxes and welfare, including low income support, health insurance subsidies, pensions and disability benefits, the same income ratio fell to 4.4.

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Swiss regulator fires warning over buy-to-let property lending

The Swiss financial regulator has warned banks that rules on mortgage lending may be further tightened if they fail to control their appetite for dishing out real estate credit. Loans tipped the one trillion franc mark in 2017 and continue to swell, particularly in the buy-to-let market.

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Switzerland continues to lure foreign companies

Switzerland attracted 282 foreign firms to set up shop in the alpine state, creating 899 jobs last year, according to cantonal economic chiefs. That’s an increase of 37 companies from 2017. Switzerland is in the throes of revamping its corporate tax system to keep it line with the competition rules of the European Union and Organisation for Economic Cooperation and Development (OECD).

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Raiffeisen Switzerland bank to cut 200 jobs

Switzerland’s third-largest bank says it will cut up to 200 jobs to save CHF100 million ($100 million) this year. Raiffeisen is reorganising and undertaking a cost-cutting programme. This follows a recent fraud allegation scandal involving its former chief executive.

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Steep drop in thefts in Switzerland

Comparing 2018 to 2012, thefts in Switzerland fell by nearly half, according to the Federal Statistical Office. In 2012, there were a record 219,000 thefts recorded in Switzerland. By 2018, the figure had fallen to 112,000, a drop of 49%.

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