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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Switzerland: a country of dual nationals?

2018-10-22

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Every fifth Swiss has dual nationality. In Geneva, it’s almost half of the population. Swiss public television, SRF took a closer look at why residents with foreign passports are keen on becoming naturalised. (RTS/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to …

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Swiss Rail plans to test free WiFi on trains

2018-10-21

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2018-10-21

Swiss Rail announced on Thursday that it would test free WiFi, named FreeSurf, on certain routes next year with a plan to extend the offer to all major routes from 2020, according to RTS. Train passengers benefiting from the tests in 2019 will be those travelling on InterCity trains between Lausanne and St. Gallen, Geneva and Zurich, and Bienne and Basel.

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Switzerland Retains Top Spot in Global Wealth Ranking

2018-10-21

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2018-10-21

Despite a slight decline in fortunes, the Swiss still enjoy the highest mean wealth per adult, according to the 2018 Credit Suisse Global Wealth Report. The reportexternal link, released on Thursday, estimated the average fortune of a Swiss adult to be $530,240 (CHF527,707) compared to $537,600 the previous year. The Alpine nation still comes out on top, followed by Australia ($411,060) and the United States ($403,970).

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Steep Increase in Swiss Housing Prices in Last Decade

2018-10-20

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2018-10-20

Apartment prices have risen in every district in Switzerland in the last eleven years except for one. Zurich tops the list with a median price of CHF 13,000 ($1313) per square metre – a 97% increase since 2007. This is according to a study by the Zurich Federal Institute of Technology (ETHZ) in partnership with comparison website comparis.ch.

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Swiss arms exports rose almost 18percent in 2018

2018-10-20

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2018-10-20

Switzerland exported close to 18% more arms over the first nine months of 2018 than it did in the first nine months of 2017, according to figures published by State Secretariat for Economic Affairs (SECO). According to the numbers, in the nine months to 30 September 2018, Swiss companies exported close to CHF 300 million of arms, nearly CHF 45 million or 17.6% more than over the same period in 2017.

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Börsen-Talk vom 19. Oktober 2018

2018-10-19

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Börsen-Untergangsszenarien interessieren Mojmir Hlinka nicht, und Aktien bleiben für den CEO der Anlagegesellschaft Agfif weiter absolut erste Wahl. Im Börsen-Talk empfiehlt er eine ganze Reihe von Firmen zum Kauf.

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Global economic competitiveness stumbles in face of technology transformation

2018-10-19

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2018-10-19

A major update to the World Economic Forum’s annual Global Competitiveness Index reveals that the global economy is ill-prepared for the transformation brought on by technology disruption. While the United States comes the closest to the “competitive frontier” taking the top spot in the ranking, the WEF warns that government policies need to catch up to prevent rapid technological change from becoming a drag on competitiveness.

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Builders strike in Ticino over worsening work conditions

2018-10-18

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2018-10-18

Some 3,000 construction workers staged a strike in southern Switzerland on Monday to protest changes in the industry, including disputes around the retirement age of 60. Further action is planned in Geneva on Tuesday. The strikes in canton Ticino were jointly called by the Unia, Syna, and OCST trade unions, who claimed that business leaders were “blackmailing” workers with worsening conditions as a quid pro quo for maintaining the current industry...

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Thierry Geiger, Ökonom WEF

2018-10-17

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Nach neun Jahren Spitzenplatz ist die Schweiz laut WEF-Bericht nicht mehr das wettbewerbsfähigste Land der Welt. Die Gefahren für ein weiteres Abrutschen sind da, sagt WEF-Ökonom Thierry Geiger im Interview.

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Business group pushes for more streamlined farming sector

2018-10-17

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2018-10-17

The main Swiss business federation has released its recommendations for the government’s sensitive reforms of the agriculture sector. Farmers’ groups reacted with cautious approval. Economiesuisse gave its appraisal of the government’s 2022 agricultural reform plans on Monday, an appraisal that mostly centred around the simplification and decentralisation of agricultural measures.

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Top US bank keen on Swiss mortgage market

2018-10-16

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2018-10-16

Swiss retail banks may face increased competition by a leading United States bank on the domestic housing market. The Goldman Sachs group is reportedly considering plans to enter the Swiss mortgage market, according to the NZZ am Sonntag newspaper.

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One in three Swiss flights delayed

2018-10-15

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2018-10-15

The Swiss International Airlines is among the worst victims of a shortage of air traffic controllers in Europe. About 34% of all Swiss flights are delayed because of issues with air navigation safety or at the airport, the SonntagsZeitung newspaper reports quoting data from Eurocontrol.

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Switzerland warms to ‘tiny houses’

2018-10-15

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The small house movement, an American concept that’s gaining momentum in Switzerland, offers housing that is more affordable and ecologically friendly. But in the highly regulated alpine country, getting a long-term parking permit for tiny homes can be a problem. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is …

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Over 27percent of Swiss workers are stressed

2018-10-14

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2018-10-14

Workplace stress in Switzerland is on the rise, particularly among younger workers – who often show up feeling unwell. The consequences are costly. The “Job Stress Index” – published by Health Promotion Switzerlandexternal link on the eve of World Mental Health Dayexternal link – has found that stress levels at work continue their upward trend.

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Swiss Public Broadcaster to Shed Fewer Jobs than Expected

2018-10-13

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2018-10-13

The Swiss Broadcasting Corporation (SBC) will shed fewer jobs than initially stated as it embarks on a four-year CHF100 million ($100 million) cost-cutting programme. Some 200 jobs are slated to go instead of the 250 announced in June.

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Börsen-Talk vom 12. Oktober 2018

2018-10-12

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Francesco Conte von J. P. Morgan investiert in kleinere europäische Firmen. Während er an den Aktienmärkten einen Stimmungswechsel beobachtet, bevorzugt er bestimmte Aktien aus der Schweiz sowie Italien.

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Swiss Divorce Rates Continue to Climb

2018-10-12

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2018-10-12

Divorce
By 2017, 40.5% of those married in 1987 were divorced, compared to 33.2% of those married in 1977 and 24.7% of those married in 1967. Divorce in Switzerland starts early. 9.4% of those married in 1987 were divorced after five years, as were 8.1% of those married in 1977 and 4.8% of those who tied the knot in 1967.

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Airbnb goes high-end with luxury Swiss chalets

2018-10-11

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Book an apartment and live like the locals – authentic and cheap – that’s Airbnb’s business model. The booking platform was launched ten years … Book an apartment and live like the locals – authentic and cheap – that’s Airbnb’s business model. The booking platform was launched ten years ago, and now it wants to …

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What is a flag of convenience?

2018-10-11

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What does it mean to ‘sail under a flag’, and which countries are happy to lend their flags to boats which don’t come from their country? Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — … Continue...

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IMF raises Swiss economic growth forecast

2018-10-11

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2018-10-11

The Swiss economy is tipped to grow by 3% by the end of this year, according to the International Monetary Fund (IMF). In April, the organisation had forecast Switzerland’s gross domestic product (GDP) to rise by 2.3%.

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