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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Basel’s cathedral celebrates 1,000 years

2019-05-13

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Basel’s cathedral was built 1,000 years ago – and specialists have been working almost as long to maintain it. The sandstone walls are particularly susceptible to the ravages of time. (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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Political (in)correctness lights up Basel carnival

2019-05-13

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“To the end” is the motto of this year’s Basel carnival, which began on Monday at 4am. As the lights went out in the city centre, colourful satirical lanterns illuminated the 10,000 revellers and musicians. (Keystone SDA, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report …

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A family apartment in Geneva close to twice the price of one in St. Gallen

2019-05-13

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2019-05-13

On average, renting a 4.5 room apartment of 100 to 110 m2 costs CHF 3,820 a month in Geneva. The same apartment in the Swiss city of St. Gallen costs CHF 2,004, 52% of the price, according to a report on rents in Switzerland’s ten main cities by the price comparison website Comparis. For an apartment of this size, Geneva (3,820) is the most expensive, followed by Zurich (3,073), Lausanne (2,850), Basel (2,660), Bern (2,600), Luzern (2,430),...

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Up to 100 Nestlé jobs in Basel at risk

2019-05-12

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2019-05-12

Nestle is planning to restructure its operations in the Swiss city of Basel. Up to 100 jobs are threatened by cuts or moving production abroad. Some 177 people are employed at Nestlé’s Basel plant, 100 of which could be under threat over the next 18 months, the Swiss food giant announced on Thursday.

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The price of some Swiss trains passes could rise significantly

2019-05-11

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2019-05-11

Some travelers on Swiss trains could be in for a shock. The price of a GA travel card, an annual pass that allows unlimited travel of the Swiss Rail network, might rise 10% in 2021, according to the newspaper Le Matin. Compared to the price of other passes and tickets, the AG pass is relatively good value, according to a leaked internal document written by CH-direct, a pricing association bringing together 250 Swiss public transport companies.

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Börsen-Talk vom 10. Mai 2019

2019-05-10

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Christoph Sax hält das Aufwärtspotenzial am Schweizer Aktienmarkt für begrenzt. Im Börsen-Talk nennt der Migros-Bank-Chefökonom aber auch drei Schweizer Titel, die Anleger bislang zu wenig beachtet haben.

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Börsen-Talk vom 10. Mai 2019

2019-05-10

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Christoph Sax hält das Aufwärtspotenzial am Schweizer Aktienmarkt für begrenzt. Im Börsen-Talk nennt der Migros-Bank-Chefökonom aber auch drei Schweizer Titel, die Anleger bislang zu wenig beachtet haben.

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Geneva has most expensive family flats to rent

2019-05-10

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2019-05-10

Family apartments in Geneva are the most expensive to rent, while those in St Gallen in the east of the country are the cheapest, according to a survey of the ten biggest Swiss cities. The median monthly rent for a 4.5-room apartment (100-110 square metres) in St Gallen costs CHF2,004 ($1,971), according to a survey published on Thursday by the price comparison website Comparis.

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Are You Smarter Than A Lwando? The world of credit

2019-05-09

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Are you ready to play the hottest game show on social media? Lwando tests Maps on all things to do with his credit score. What is a credit score? How do you know if you have too much debt? Why is it important to keep your credit score squeaky clean? Watch and find out with … Continue reading »

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Former Corbusier student designing for the people

2019-05-09

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The Vitra Design Museum in Weil am Rhein is paying tribute to indian architect and former Le Corbusier student Balkrishna Doshi. Balkrishna Doshi, aged 92 and a former student of Le Corbusier, was awarded the prestigious Pritzker Prize in 2018. The Vitra Design Museum in Weil am Rhein in Germany is paying tribute to the architect and his work in a new exhibition. (SRF/swissinfo.ch) --- swissinfo.ch is the international branch of the Swiss...

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From Zurich to the skies: the daily work of the world’s airports

2019-05-09

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Experience the sights and sounds of the tightly-planned operations that move passengers at Zurich Airport and other hubs around the world. — 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 …

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Swiss teachers stretched thin with unpaid overtime work

2019-05-09

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2019-05-09

Swiss teachers are still working too much unpaid overtime, particularly in German-speaking Switzerland, according to a new survey by two major teachers’ associations. "Swiss teachers have the highest number of working hours of all OECD countries and work unpaid overtime for hundreds of millions of francs," denounced Beat Zemp, president of the Swiss Teachers’ Association (LCH).

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Gun law and corporate tax reforms set to be approved

2019-05-08

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2019-05-08

Opponents of restrictions on gun ownership in Switzerland have not been able to win substantial additional support over the past months, according to an opinion poll ahead of a nationwide vote on May 19. The No camp lags more than 30 percentage points behind the supporters, a survey published by the Swiss Broadcasting Corporation on Wednesday as found.

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Basel industrial area to become a “smart city”

2019-05-06

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Basel industrial area will soon become a test laboratory for the networked city of the future and the smartest site in Switzerland. The Wolf goods railway station in Basel will soon become a laboratory for a “city of the future” – billed by its backers as the smartest site in Switzerland. The Swiss Federal Railways …

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Far away from home

2019-05-06

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Damian Felchlin has lived in the US for almost seven years. He’s one of the Swiss abroad portrayed in a new exhibition. (SRF/swissinfo.ch) Around 750,000 Swiss expats have sought their fortune far away from Switzerland. The Forum of Swiss History in Schwyz is now devoting an exhibition to them and shows what they miss from … Continue reading...

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Seizures of illegally imported medicines triple in Switzerland

2019-05-06

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2019-05-06

The Federal Customs Administration seized 3,203 shipments of illegally imported medicines in 2018 – triple the amount of the previous year. Erectile stimulants remain at the top of the list of illegally imported substances, the Swiss Agency for Therapeutic Products (Swissmedic) said on Thursday.

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Geneva blocks the erection of 5G mobile antennas

2019-05-05

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2019-05-05

Last week, Antonio Hodgers, the head of Geneva’s executive, announced a ban on the erection of further 5G mobile antennas in the canton, according to an interview on RTS. Motivated by uncertainty on the potential health effects of the new technology, the temporary freeze is the most the cantonal government can do to stop the rollout of the technology.

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UBS Tells Managers They Can Hire 1 Employee For Every 5 Who Leave

2019-05-04

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2019-05-04

Like the other lagging European investment banks (Deutsche and SocGen immediately spring to mind), UBS is resorting to the last resort of the embattled megabank CEO when shareholders are demanding higher profits 'or else'. After a decade where UBS cut thousands of jobs in its investment bank unit, Sergio Ermotti is turning to one of the few business lines where fat can feasibly be cut: UBS's once legendary asset-management business.

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IT managers sentenced in ministry corruption case

2019-05-03

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2019-05-03

Four suspects have been sentenced in a major corruption case involving a unit of the Swiss economics ministry. But the main defendant is still awaiting a formal indictment. The Office of the Attorney General (OAG) announced on Wednesday that a trustee was given a suspended six-month prison sentence and three external IT managers were ordered to pay fines for offering material contributions and gifts of up to CHF100,000 ($100,000) to a senior...

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Lawyer says that Volkswagen case stalling in Switzerland 

2019-05-02

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2019-05-02

The lawyer representing about 500 people in Switzerland who have filed a complaint against German carmaker Volkswagen and importer AMAG says the Swiss attorney general is dragging his feet in the so-called ‘Dieselgate’ case. Geneva lawyer Jacques Roulet formally wrote a letter to the Swiss justice minister, Karin Keller-Sutter, complaining about the alleged delays “in a case of national importance,” according to news agency Keystone-SDA.

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