Category Archive: 3) Swiss Markets and News
Swiss investment management sector growing
As the Swiss financial centre adjusts to the loss of banking secrecy and possible fallout from Brexit, a report highlights increased investment management as the sector's cornerstone. The report, released on Thursday by the Swiss Bankers Association (SBA) and the Boston Consulting Group (BCG), outlines the emergence of investment management – the “management of investments for institutional and private clients” – as a key component of the Swiss...
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Swiss Post Office Expands Hospital Drone Delivery System
The Swiss Post is expanding its drone delivery system, transporting laboratory samples between two hospitals in Zurich. Similar pilots have been conducted in Bern and Lugano. On Tuesday, the Swiss Post announced it is launching a one-year pilot project to use drones to send laboratory samples between the University Hospital of Zurich and the Irchel site of the University of Zurich, which are 2.5 kilometres apart.
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Swiss complaint over US tariffs to be reviewed by WTO panel
A Swiss complaint to the World Trade Organization (WTO) against United States import tariffs on aluminium and steel will be decided by a WTO panel. On Tuesday, the WTO's Dispute Settlement Body (DSB) accepted to create separate panels to hear the complaints by Switzerland and India, after the two countries filed a second request for their cases to be heard.
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Amazon reduces online offer for Swiss customers
Shoppers in Switzerland will no longer be able to buy items from the US Amazon website due to recent changes to Swiss value-added tax law. Exceptions will be made for e-books and apps. “From 26 December 2018 customers shopping on Amazon.com and other non-EU Amazon websites will not be able to ship non-digital orders to any shipping address in the Swiss Customs Union,” Amazon said on Monday.
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Swiss Starbucks Customers Vulnerable due to Insecure WiFi
An investigation by Swiss Public Television, SRF, has found that data isn’t sufficiently protected when customers use WiFi at cafes in Switzerland of the global coffee chain. Free WiFi access at Starbucks - one of the great perks offered by the company – was investigated by the SRF consumer programme “Kassensturzexternal link”.
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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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