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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BLS train group to shelve 170 jobs by 2023

2019-02-17

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2019-02-17

The BLS train company, which operates several routes in the regions around Bern, is to cut some 170 positions over the coming four years, for reasons of efficiency and automation. In a move criticized on Thursday by rail unions, BLS announced the cuts as part of planned efficiency gains that aim to save between CHF50-60 million ($49.8-59.2 million) by 2023.

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Swiss unemployment rate rises

2019-02-16

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2019-02-16

There are various ways to measure unemployment. Switzerland’s standard measure looks at the number of people registered with unemployment offices across the country. By this measure Switzerland’s unemployment recently reached a 10 year low of 2.6%. Today, another unemployment measure was published. It shows a 0.1% increase in unemployment over the fourth quarter of 2018 to 4.6% or 227,000 people.

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flight shaming

2019-02-15

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Young Swedish activist Greta Thunberg and the thousands of young Swiss who are striking for the climate have drawn the public’s attention to air traffic pollution. More and more people are deciding not to fly anymore and some Swiss universities are issuing rules on flights for business and study trips. The phenomenon has been called “flight shame”, from the Swedish “flygskam”, which was on the list of Swedish neologisms for 2018. Here we explain...

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flight shaming

2019-02-15

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Young Swedish activist Greta Thunberg and the thousands of young Swiss who are striking for the climate have drawn the public’s attention to air traffic pollution. More and more people are deciding not to fly anymore and some Swiss universities are issuing rules on flights for business and study trips. The phenomenon has been called … Continue reading...

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Refugees at work

2019-02-15

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While waiting for a decision on their asylum request, refugees are placed in asylum centres throughout the country. In some of them, cantons offer professional integration projects also accessible to social welfare recipients. This is to keep people busy and help them regain access to the job market. Nouvo brings you short videos about Switzerland, …

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Börsen-Talk vom 15. Februar 2019

2019-02-15

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Aus dem Pessimismus an den Börsen sei ein fast übertriebener Optimismus geworden, sagt Stefan Frischknecht. Im Börsen-Talk analysiert der Schroders-Aktienexperte auch die Jahreszahlen von Schweizer Unternehmen.

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Pressure mounts on Swiss commodity traders in Brazil corruption probe

2019-02-15

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2019-02-15

Pressure is growing on global commodity trading firms with strong ties to Switzerland for their alleged involvement in the “Car Wash” corruption scandal in Brazil. The US Federal Bureau of Investigation is investigating two Vitol executives in the Americas, according to Reuters news agency.

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Thomas Oetterli, CEO Schindler

2019-02-14

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Neben sehr guten Jahreszahlen hat der Liftkonzern Schindler einen etwas vorsichtig formulierten Ausblick vorgelegt. Konzernchef Thomas Oetterli sagt, welche Faktoren das Management zurückhaltender werden liessen.

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Switzerland’s federal surplus even larger than expected

2019-02-14

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2019-02-14

In October 2018, government number crunchers revised Switzerland’s federal forecast budget surplus up from CHF 0.3 billion to CHF 2.5 billion. Today, Bern announced that provisional calculations for 2018 now show a surplus of CHF 2.9 billion, CHF 0.4 billion more than last year’s revised figure. The increase was driven by strict spending discipline and higher than expected receipts, according to the press release.

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Scandals hurt Swiss Business Reputation in 2018

2019-02-13

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2019-02-13

Switzerland’s reputation as a place to do business took a serious hit last year following various scandals, from corporate bank fraud to illegal subsidies. The Swiss Economy Reputation Index 2018external link, published on Tuesday by Basel-based consultancy Commslab and the fög research institute at the University of Zurich, dropped for the fifth consecutive quarter, reaching its lowest level since July 2014.

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Switzerland investigating Venezuela-linked corruption

2019-02-12

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2019-02-12

Switzerland’s attorney general has opened an investigation into a corruption case involving Venezuela, according to a weekend report published by Schweiz am Wochenende. The Latin American nation is in the grips of a major political, economic and social crisis. According to the prosecutor's statement to the weekly, proceedings were initiated at the end of 2017 against unknown persons “in the context of the events in Venezuela”.

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Maps at home with his art

2019-02-11

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Maps Maponyane shares his collection and what to consider when buying art. #ICTAF #InvestecArt

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tania

2019-02-11

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tania — 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: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe: http://www.youtube.com/subscription_center?add_user=swissinfovideos

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Train delay data queries image of Swiss railways

2019-02-11

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2019-02-11

Trains operated by the state-owned Swiss national railway operator are less punctual than company statistics make believe. A private website, launched in 2017 and compiled from data provided by the transport ministry, found that on average one in six intercity trains – or just under 84% - operated by the Federal Railways is late. That is, it arrives at its destination with a delay of at least three minutes.

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Telecoms firms awarded 5G mobile frequencies

2019-02-10

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2019-02-10

The Swiss government has raised CHF380 million ($379 million) from auctioning fifth-generation (5G) mobile radio frequencies, it said on Friday. The three Swiss main providers, Swisscom, Sunrise Communications and privately owned Salt, each received part of the spectrum after newcomer Dense Air dropped out of the bidding.

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Swiss start-ups to benefit from multi-million fund

2019-02-10

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2019-02-10

Start-ups and innovative small and medium-sized businesses are to be encouraged to stay in Switzerland thanks to a new fund of up to CHF500 million ($499 million). The initiative, from Swiss Entrepreneurs Foundation (SwissEF) and launched on Thursday, has the backing of some heavy hitters in the business world, including insurer Mobiliar and banks UBS and Credit Suisse.

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Sunrise confirms talks to buy Liberty Global’s Swiss unit

2019-02-09

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2019-02-09

Switzerland’s Sunrise Communications Group has confirmed it is in talks to buy Liberty Global’s cable operator UPC Switzerland. The company said in a statement on Tuesday: “Sunrise confirms it is in discussions with Liberty Global regarding a possible acquisition of UPC Schweiz. Sunrise will only pursue a transaction that is strategically compelling and demonstrably value creative for its shareholders.”

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Magdalena Martullo, CEO EMS-Gruppe

2019-02-08

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Ems-CEO Magdalena Martullo ist für die Weltwirtschaft weiterhin skeptisch. Was sie vom wichtigen Automarkt erwartet und warum die Ems-Aktie ein Rendite-Titel bleibt, sagt sie im Interview mit cash.

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Magdalena Martullo, CEO EMS-Gruppe

2019-02-08

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Ems-CEO Magdalena Martullo ist für die Weltwirtschaft weiterhin skeptisch. Was sie vom wichtigen Automarkt erwartet und warum die Ems-Aktie ein Rendite-Titel bleibt, sagt sie im Interview mit cash.

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Social media with Maps Maponyane and Emma Sadleir

2019-02-08

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Emma Sadleir and Maps Mapoyane talk about protecting your personal brand on social media. This video shows the legal, disciplinary and reputational risks of social media. Maps Maponyane is an ambassador for Investec Private Banking. Emma Sadlier in South Africa’s leading expert on social media law and the founder of the Digital Law Company. Follow …

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