Category Archive: 3) Swiss Markets and News
Nestlé invests CHF99 million in factory expansion in Indonesia
The Swiss food giant has announced plans to invest CHF99 million (around $100 million) to expand three factories in Indonesia. The goal is to increase Nestlé’s production capacity in the country by 25%, according to a company announcement on Wednesday.
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Switzerland’s first integrated crypto asset exchange launched
Smart Valor, the country’s first integrated cryptocurrency exchange offering custody, trading and brokerage, has gone live with nine crypto-fiat trading pairs. The assets on Zug-based platform, that was launched in 2017 as part of the Thomson Reuters Incubator, includes crypto currencies and security tokens.
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Switzerland assists Japanese probe into Carlos Ghosn
Canton Zurich’s public prosecutor is assisting the Japanese authorities in an inquiry related to bank accounts associated with Carlos Ghosn, the former leading auto executive. Tokyo prosecutors sent a request for legal assistance to Switzerland in January, a spokesperson for the country's Federal Office of Justice (FOJ) told swissinfo.ch.
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Lucerne Considers Coach Tax, other Measures to Manage Tourist Influx
One of the most popular destinations in Switzerland is reviewing its tourism strategy and mulling introducing coach fees in a bid to curb traffic woes and other disruptions caused by the large number of tourists it welcomes.
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Federal Court to give verdict on UBS tax evasion case
The Swiss Federal Court is to decide on Friday whether Swiss bank UBS should handover data on its French clients to Paris tax authorities as part of a crackdown on suspected tax evasion. The decision has been described as key for Swiss banking circles.
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Expat Swiss Celebrated at Historic Winegrower’s Festival
The expatriate Swiss community has been attending the once-in-a-lifetime Fête des Vignerons, currently taking place on the shores of Lake Geneva. A delegation of Swiss citizens living across the world, including leading members of the Organisation of the Swiss Abroadexternal link (OSA), gathered in Vevey to participate in the event on Thursday.
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Börsen-Talk vom 26. Juli 2019
Die Zinsen in Europa bleiben unverändert, weshalb gemäss Marc Brütsch die SNB zumindest vorerst durchatmen kann. Im cash-Börsen-Talk sagt der Swiss-Life-Chefökonom, wo er den Euro-Franken-Kurs bis Ende Jahr sieht.
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Börsen-Talk vom 26. Juli 2019
Die Zinsen in Europa bleiben unverändert, weshalb gemäss Marc Brütsch die SNB zumindest vorerst durchatmen kann. Im cash-Börsen-Talk sagt der Swiss-Life-Chefökonom, wo er den Euro-Franken-Kurs bis Ende Jahr sieht.
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Swiss Central Bank under Pressure as Franc Rises
Yesterday, the Swiss franc reached its highest level against the euro in two years. The EUR/CHF exchange rate reached 1.097 on 24 July 2019, a rate not seen since early 2017. Upward pressure on the franc is partly being driven by expectations of interest rate cuts by eurozone and US central banks. In addition, the franc is considered a safe haven currency and typically rises when global risk perceptions rise.
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Swiss Railway Tracks Buckle under the Heat
The hottest day of the year in Switzerland caused a headache for the Swiss Federal Railways. Track damage occurred on Wednesday in the Zurich Oberland, canton Aargau near Brugg and in the Geneva area. Railways spokesman Raffael Hirt confirmed that lines had been interrupted in Zurich between Pfäffikon and Wetzikon and in Aargau between Wildegg and Brugg.
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How brands can connect with humans in a data-driven world
The biggest threat to brands is to outsource their customer relationship to web-based platforms, says Bronwyn Williams, Trend Translator for Flux Trends. Read more: https://invest.ec/2XZoS1L
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Switzerland has the Highest Underemployment Rate in Europe
2018, 7% of Switzerland's workforce claimed they would like to work more. Women are the most affected. According to the Federal Statistical Office (FSO) figures publsihed on Tuesday, Switzerland’s labour pool has 830,000 people. This includes 356,000 underemployed individuals, 231,000 unemployed and 243,000 people who are looking for work but not available to start immediately.
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UBS Vitainvest Funds Review – 1° semestre 2019
Dans la vidéo, découvrez-en plus sur le développement actuel du UBS Vitainvest Funds ainsi que sur les thèmes suivants: • Répercussion d’événements géopolitiques sur la performance. • Influence des principales banques centrales et indicateurs économiques. • Évolution des actions et des obligations.
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UBS Vitainvest Funds Review – 1er semestre 2019
In questo video scoprite di più sull’andamento attuale dei UBS Vitainvest Funds e sui seguenti temi: • effetto degli eventi geopolitici sulla performance • influenza delle principali banche centrali e indicatori economici • andamento di azioni e obbligazioni.
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UBS Systematic Allocation Portfolio Funds Review – First Half of 2019
In the video, you’ll find out more about the current performance of the UBS SAP Funds as well as the following topics: • The effect of geopolitical events on performance. • The influence of the most important central banks and economic indicators.
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UBS Strategy Funds Review – 1. Halbjahr 2019
Im Video erfahren Sie mehr zur aktuellen Entwicklung der Strategy Funds sowie zu folgenden Themen: • Auswirkung geopolitischer Ereignisse auf die Performance • Einfluss der wichtigsten Zentralbanken und wirtschaftliche Indikatoren • Entwicklung der Aktien, Anleihen und alternative Anlagen wie Hedge Funds
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UBS Strategy Funds Review – 1er semestre 2019
Dans la vidéo, découvrez-en plus sur le développement actuel du UBS Strategy Funds ainsi que sur les thèmes suivants: • Répercussion d’événements géopolitiques sur la performance. • Influence des principales banques centrales et indicateurs économiques. • Évolution des actions, des obligations et des placements alternatifs comme les hedge funds.
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UBS Strategy Funds Review – First Half of 2019
In the video, you’ll find out more about the current performance of the UBS Strategy Funds as well as the following topics: • The effect of geopolitical events on performance. • The influence of the most important central banks and economic indicators. • How stocks, bonds and alternative investments such as hedge funds have performed.
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UBS Systematic Allocation Portfolio Funds Review – 1. Halbjahr 2019
Im Video erfahren Sie mehr zur aktuellen Entwicklung der UBS SAP Funds sowie zu folgenden Themen: • Auswirkung geopolitischer Ereignisse auf die Performance • Einfluss der wichtigsten Zentralbanken und wirtschaftliche Indikatoren
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