Category Archive: 3) Swiss Markets and News

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Parliament sets conditions on further EU payments

2019-03-19

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2019-03-19

Switzerland should only make another billion-franc “cohesion” payment to the European Union if the EU doesn’t discriminate against Switzerland, parliament has agreed. The House of Representatives on Monday approved the CHF1.3 billion ($1.3 billion) that will help reduce the economic and social inequalities between old and new EU countries over the next decade.

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Cybercrimes of the future

2019-03-18

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AI-driven cybercrime, crashing IOT networks, connected car attacks… according to Matt Marx, dean of future crimes and security at xTech.Institute, this is all possible right now. Speaking at the CA(SA) of the Future Conference, sponsored by Investec, Marx says that as more and more devices connect to the internet, the types of cybercrime we are …

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Red Cross develops war video games – with rules

2019-03-18

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The idea that the International Committee of the Red Cross (ICRC) is developing military shooter video games may be a surprise to many. But the aim is not to kill everything that moves; it’s a training tool to teach people that there are rules, even in wartime. — swissinfo.ch is the international branch of the …

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US lobbies Switzerland to drop Chinese telecom giant Huawei

2019-03-18

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2019-03-18

The US has expressed concern over the use of Chinese technology in Switzerland, suggesting it may be used for espionage, reports the Sonntagszeitung newspaper. Sonntagszeitung cited the Swiss foreign ministry as saying that the US embassy in Bern had conducted “an exchange of views on this subject at diplomatic level.”

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Swiss agency suspends payments to migration platform

2019-03-17

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2019-03-17

The Swiss Agency for Development and Cooperation (SDC) has temporarily suspended payments to a civil society platform on migration issues. Financial conflicts of interest and accusations of pro-migration bias are being investigated. On Thursday, the Federal Department of Foreign Affairs (FDFA) confirmed that the Swiss Civil Society Platform on Migration and Development will not be receiving any further funds.

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Swiss health insurance deductibles to rise automatically

2019-03-16

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2019-03-16

Today, Switzerland’s parliament decided to bring in a system of regular increases in the deductibles for basic compulsory Swiss health insurance, according to the newspaper Le Matin. However, a plan to raise the the minimum deductible to CHF 500 was rejected by a clear majority.

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Three Swiss cities ranked in world’s top 10 most livable

2019-03-15

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2019-03-15

Mercer’s 2019 livability ranking looks at 231 cities across the globe. Vienna comes top for the tenth year in a row, while Bagdad ranks last. Three Swiss cities are among the global top ten. Zurich is 2nd, Geneva 9th and Basel 10th. Bern, a fourth Swiss city, is not far behind in 14th place.

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Börsen-Talk vom 15. März 2019

2019-03-15

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Trotz bereits guter Leistung in diesem Jahr steht die Schweizer Börse gegenüber anderen Märkten weiterhin gut da, sagt Pictet-Chefstratege Anastassios Frangulidis im Börsen-Talk.

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Börsen-Talk vom 15. März 2019

2019-03-15

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Trotz bereits guter Leistung in diesem Jahr steht die Schweizer Börse gegenüber anderen Märkten weiterhin gut da, sagt Pictet-Chefstratege Anastassios Frangulidis im Börsen-Talk.

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UBS fined and denied right to sponsor IPOs in Hong Kong

2019-03-14

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2019-03-14

Swiss bank UBS has been fined HK$375 million (CHF48 million) for irregularities involving three IPOs it had help list on the Hong Kong stock exchange in 2009. Its licence to sponsor IPOs in the city was also suspended for one year.

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Court confirms legal weed should be taxed as tobacco

2019-03-13

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2019-03-13

The Federal Administrative Court has upheld a decision by Swiss customs to tax legal marijuana leaves to the same extent as tobacco. In its decision published on Wednesday, the St Gallen court said that “fake” marijuana – i.e. cannabis containing less than 1% tetrahydrocannabinol (THC) – was sold primarily to be smoked, and therefore should be taxed similarly to tobacco.

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Clemens Iller, CEO Schmolz+Bickenbach

2019-03-13

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Clemens Iller über die Geschäftszahlen 2018 und den Ausblick für das laufende Jahr bei Schmolz+Bickenbach.

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Clemens Iller, CEO Schmolz+Bickenbach

2019-03-13

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Clemens Iller über die Geschäftszahlen 2018 und den Ausblick für das laufende Jahr bei Schmolz+Bickenbach.

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Impressions from CERN 30 years ago

2019-03-12

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As the World Wide Web marks its 30th anniversary, its founder and inventor, Tim Berners-Lee, ponders what it has grown into – not always for the good of mankind – and how to fix it. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and … Continue reading...

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Stepping back in line with the Swiss army

2019-03-11

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A former colonel in the Swiss army decided to return to recruit school to see what had changed in the past 40 years. (RTS/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 perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...

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Stepping back in line with the Swiss army

2019-03-11

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A former colonel in the Swiss army decided to return to recruit school to see what had changed in the past 40 years. (RTS/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 perspective on international events. For more articles, …

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The forgotten Swiss Oscars

2019-03-11

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Sixty years ago, two Disney films “Ama Girls” and “Grand Canyon” won the Academy Awards. Both films were created by the Swiss filmmaker Ernst A. Heiniger. Despite his Oscar win and his pioneering work, he isn’t well known today. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is …

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Happy birthday swissinfo.ch!

2019-03-11

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SWI swissinfo.ch is celebrating its 20th anniversary. Directors and editors from all units of the Swiss Broadcasting Corporation SRG SSR have sent us their personal congratulations. — 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 …

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Report proposes third-class rail tickets for budget travellers in Switzerland

2019-03-11

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2019-03-11

Swiss railway companies should introduce a third-class category for passengers on a budget, a report commissioned by the Federal Office of Transport has recommended. The NZZ am Sonntag newspaper said on Sunday that a recent federal government report, commissioned by an external expert group, had recommended introducing “third class aircraft-style seating for maximum capacity at favourable prices”.

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Why there is so much egg pasta in Switzerland

2019-03-10

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2019-03-10

Strolling through the pasta aisle of a Swiss supermarket, someone new to Switzerland might conclude that the locals prefer egg pasta over the eggless variety. And, while that might to some extent be true, there is another reason.

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