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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Swiss banks spend more on online advertising but lag in AI

2023-11-09

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2023-11-09

Retail banks have increased investment in digital marketing by 16% in a bid to attract younger clients. 

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Swiss government wants to lower licence fee to CHF300

2023-11-08

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2023-11-08

The government wants to reduce the annual radio and television licence fee from the current CHF335 ($372) to CHF300 by 2029. The turnover threshold for companies to qualify for exemption has been raised from CHF500,000 to CHF1.2 million.

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Switzerland scraps electric car tax exemption

2023-11-08

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2023-11-08

Anyone who owns an electric car in Switzerland will have to pay automobile tax from January 1. The Federal Council decided on Wednesday to repeal this tax exemption for electric cars, which has been in effect since 1997.

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No real wage growth expected in 2024: UBS survey

2023-11-08

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2023-11-08

Purchasing power in Switzerland is likely to remain under pressure next year. Companies surveyed by UBS want to pay their employees more wages for 2024, but higher salaries cannot compensate for the inflation.

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Swiss potato harvest expected to drop by a third

2023-11-04

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2023-11-04

This year's potato harvest has been disappointing with growers expecting a drop of around a third compared with recent years. Yields are still difficult to estimate at the moment. The final figures will not be known until early December, Ruedi Fischer, President of the Swiss Potato Growers' Association (USPPT), told press agency Keystone-SDA.

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Will a project to reintroduce European bison into Swiss forests work?

2023-11-04

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2023-11-04

The European bison, a species that differs slightly from its north American cousin, died out in Europe. Now it is to be reintroduced in Switzerland. Can a densely populated country tolerate such a large wild animal?

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Price cuts on 350 medicines in Switzerland

2023-11-03

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2023-11-03

With the ever rising cost of of Swiss healthcare, the government has been hunting for savings. This week it announced that it has ordered price cuts on 350 medicines from 1 December 2023, reported RTS.

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Swiss finance minister wins 2023 obfuscation award

2023-11-03

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2023-11-03

Every year, investigativ.ch, an association of investigative journalists, bestows an award on the public figure it deems to have exercised the lowest levels of transparency during the year.

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Swiss inflation returns in October

2023-11-03

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2023-11-03

Consumer prices increased by 0.1% in October 2023, reported Switzerland’s Federal Statistical Office (FSO) this week.

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Credit Suisse wins London lawsuit over RMBS-linked notes

2023-11-03

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2023-11-03

Credit Suisse on Friday won a lawsuit at London’s High Court over the sale of $100 million (CHF90.47 million) of notes linked to residential mortgage-backed securities.

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Swiss authorities reportedly mull new rules to prevent bank runs

2023-11-03

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2023-11-03

Swiss authorities and lenders, including UBS, are discussing new measures to prevent bank runs after Credit Suisse’s last-ditch rescue earlier this year, four sources familiar with the matter told Reuters.

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UBS clash at Supreme Court tests whistleblower suit rules

2023-10-11

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2023-10-11

The US Supreme Court considered reinstating a $900,000 (CHF810,000) jury verdict won by a fired UBS Group research strategist in a case that could make it easier for whistleblowers to win suits claiming retaliation under a federal investor-protection law.

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The dark secrets of Swiss gold | Part 2 #switzerland #gold

2023-09-29

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Swiss media obtained a confidential letter in which the Swiss authorities warned the Swiss refiner Valcambi of its risky practices with a refinery in Dubai. ⁠ ⁠ But why didn't they sanction Valcambi? Mainly because the Swiss law does not always permit it. Even if a company is found to have failed in its duty of due diligence.⁠ ⁠ 🔗Click here to find out more:...

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What is the Swiss Vatican Guard?

2023-06-21

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Welcome to the world's smallest army... the Swiss Pontifical Guard, in Vatican City #swiss #vatican #guard #vaticancity --- 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...

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Eröffnen Sie in wenigen Minuten Ihr Konto bei cash-bank zweiplus

2023-06-21

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Eröffnen Sie in wenigen Minuten Ihr Trading-Konto bei cash-bank zweiplus und handeln Sie für nur 29 Franken pro Trade - egal wo und wie viel Sie handeln. Entdecken Sie uns auf www.cash.ch/bank

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Ouvrez votre dépôt en quelques minutes chez cash-bank zweiplus

2023-06-21

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Tirez le meilleur parti de votre cash ! Ouvrez en quelques minutes votre compte de trading chez cash–bank zweiplus et tradez pour seulement 29 francs par trade - peu importe où et combien vous tradez. Découvrez-nous sur https://cash-banking.ch

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Brienz rockslide in Switzerland: threat and life in exile

2023-06-12

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Residents of rockslide-threatened Brienz/Brinzauls in Switzerland have been fetching items from their homes to make their lives in exile more bearable. They were temporarily allowed home a few days ago for the first time since being evacuated last month amid concerns that the nearby crumbling mountain could destroy their village in Graubünden. Some 84 people live there and only two people per household could return home, with the numbers limited...

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Tina Turner fans go over the top in Küsnacht

2023-06-02

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The Zurich home of the recently deceased rock icon Tina Turner has become a place of pilgrimage for fans, with some of them even trying to climb over the fence to get a closer look at her villa, according to news reports. Since Turner died on May 24, fans have been gathering daily in front of her home in Küsnacht, to mourn her death. A relative of the star's husband, Erwin Bach, told the 20 Minuten newspaper that police had been called in three...

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Evacuation of Brienz, Swiss village threatened by rockslide

2023-05-25

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A small village in the southeastern canton of Graubünden, Switzerland, is threatened by an imminent #rockslide. All villagers have been #evacuated, and the world watches the #mountain closely. https://www.swissinfo.ch/eng/red-alert-as-rockslide-threatens-swiss-village/48508416 --- 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...

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Fast fashion in Switzerland: why is it so bad?

2023-05-22

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Here are 3 interesting facts about fast fashion in Switzerland. Did you know that the Swiss spend the second most globally on “fast fashion”? Tell us in the comments what we’ve missed out. Click here to discover how researchers in Geneva are fighting fast fashion: https://www.swissinfo.ch/eng/why-switzerland-is-struggling-to-ditch-fast-fashion/48452620

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