Category Archive: 3) Swiss Markets and News
How to become a Swiss Federal Councillor
Switzerland has two new members of the Federal Council! But how is a new Federal Councillor chosen? — 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 …
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How to #AceAdulting by taking care of your overall wellness
What does wellness really mean? In the next episode of the #AceAdulting series, Investec brand ambassador, Maps Maponyane, and his adorable co-host, Lwando, talk about why staying healthy is more than just eating right and taking your medicine. Lwando shares four insightful tips – one involves trees. You don’t want to miss it! Follow Maps …
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No Relief for Swiss Renters as Mortgage Rates Barely Move
Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. The last time it dropped was 2 June 2017 when it fell to 1.5%, its lowest level since 2008.
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Daryl Liew, Leiter Portfolio Management Reyl Singapur
Portfoliomanager Daryl Liew aus Singapur glaubt nicht, dass der amerikanisch-chinesische Handelskonflikt schnell gelöst wird. Der Stratege bei der Bank Reyl sieht aber bessere Zeiten auf Chinas Aktienmarkt zukommen.
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Inflation outstrips Swiss salary increases
The latest figures show that Swiss salaries have not kept up with inflation. An average Swiss salary rose 0.4% in 2017, compared to inflation of 0.5%. This left the average salary earner 0.1% worse off in real terms over the year.
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Climate Change Contributes to Surprise Fall in Swiss GDP
Third quarter Swiss GDP figures released yesterday show Switzerland’s economy shrank compared to the quarter before. GDP for the quarter to September was down by 0.2% compared to the quarter before, ending an 18-month run of quarterly growth.
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Börsen-Talk vom 30. November 2018
Aktienanleger müssten ihre Strategie anpassen, sagt Caroline Hilb von der St. Galler Kantonalbank. Im Börsen-Talk nennt sie ihre Aktienfavoriten für die kommenden Monate und wagt eine steile Zinsprognose.
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Swiss gender pay gap compared to rest of Europe
A recently published study ranks Switzerland 10th on gender pay gap. Switzerland’s gap of 17% is bigger than Italy’s (5.3%), Luxembourg’s (5.5%), Belgium’s (6.1%), Sweden’s (13.3%), Spain’s (14.2%), Denmark’s (15%), France’s (15.2%) or the Netherlands’ (15.6%), but lower than Finland’s (17.4%), Portugal’s (17.5%), Austria’s (20.1%), the UK’s (21%) or Germany’s (21.5%).
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O Christmas tree
More and more Swiss are choosing to rent a Christmas tree instead of buying a cut tree they’ll later have to throw away. But before being potted and sold, the trees need to put out strong roots. This year’s dry summer means many baby trees, didn’t make it. — swissinfo.ch is the international branch of … Continue reading »
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Wage Losses for Heads of Major Swiss Firms
On average, heads of large Swiss corporations have suffered a marked drop in salary. In 2017, the median wage of the heads of 20 leading companies dropped by nearly 30%. According to the executive compensation report published by consulting firm PwCexternal link on Tuesday, the median salary of the heads of 20 firms in the leading SMI index fell from CHF7.7 million ($7.7 million) to CHF5.5 million.
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Swiss electronics to take Mars’ pulse
The spacecraft that landed on the Red Planet is carrying a seismometer controlled by electronics devised at the Swiss Federal Institute of Technology ETH Zurich. — 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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Zurich’s toughest bus driver
Being a bus driver at Zurich’s public transport company can be an adventure, and Zorica has seen it all. Find out how she ended up behind the wheel and what she likes about it. Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the … Continue reading »
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Hot weather and microbreweries boost Swiss beer sales
The Swiss beer market recovered last year thanks to the hot weather, as well as the continued boom in microbreweries and thirst for local craft beers. The Swiss beer market grew by 1.8% to 469 million litres (124 million gallons) between October 1, 2017 and September 30, 2018. This follows a steady downward trend in beer drinking in recent years.
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Swiss Among top Coffee Consumers
The Swiss love their coffee and knock back more than three cups per day. They came in third, behind Germans and Norwegians, in an international ranking of coffee consumers. The Swiss drank no less than 1100 cups of coffee per person per day, according to a ranking published on Monday by CafetierSuisseexternal link, a catering industry employer’s association.
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Michael Mueller, CEO Valora
Der Valora-CEO Michael Mueller spricht im Interview mit cash über weitere Übernahmen, die Konkurrenz durch Amazon und den Kiosk der Zukunft. Und der schlechte Lauf der Valora-Aktie? Das beunruhigt ihn nicht.
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The family heirlooms becoming worthless
In Switzerland, whether it’s for stamps or walnut cabinets, demand for thrift shops seems to be decreasing. Only extremely rare pieces still get … Everything is only worth as much as someone is willing to pay for it. This also applies to antiques at auctions or in thrift shops. At these places, sellers of old … Continue...
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Bern corporate tax cuts flop at ballot box
Voters in canton Bern have rejected a proposal to lower corporate taxes, dealing a surprise blow to the government and parliament trying to give the canton a competitive edge. Nearly 54% of voters on Sunday came out against a planned lowering of tax rates for companies headquartered in the canton meeting certain criteria.
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Swiss Post Office appoints CEO to steer clear of controversy
The Swiss Post Office has appointed a new chief executive to lead the state-owned company out of a troubled few months following a subsidies scandal that came to light earlier this year. Roberto Cirillo will take over at the helm next April, replacing interim boss Ulrich Hurni, the Swiss Post announced on Thursday. Hurni has been minding the fort since Susanne Ruoff was forced to quit as CEO in June.
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Switzerland’s electronic motorway vignette to be optional
This week, Switzerland’s Federal Council decided the planned electronic motorway vignette will be optional. Drivers will be able to choose. Anyone wanting to drive on Switzerland’s motorway network must first buy a vignette, a road tax sticker introduced in 1985, which must be displayed on the windscreen. It currently costs CHF 40.
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Swiss Unemployment Benefits Cut for a one-day filing delay
Switzerland’s unemployment benefits might be generous but they are strictly policed, as one recipient recently discovered. For a period of up to approximately two years after losing a job, most workers in Switzerland receive 70% of their former salary up to a maximum of CHF 88,200 a year – the amount paid varies depending on circumstances1.
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