Category Archive: 3) Swiss Markets and News
Builders strike in Ticino over worsening work conditions
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
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
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
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
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’
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
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
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
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
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
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?
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
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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Nicholas Yeo, Head of China Equities bei Aberdeen Standard Investments
China-Experte Yeo über den gegenwärtigen Kursfall am chinesischen Aktienmarkt, den Handelskrieg und spannende A-Aktien in China.
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Ace Adulting and a work-life balance with Maps Maponyane
How does one balance work and life? Investec brand ambassador Maps Maponyane and his delightfully cheeky little co-pilot Lwando tackle “big life questions” with a lot of laughs in this next Ace Adulting instalment. For any young professional looking to find the energy, discipline and “Hell, yes I can!” attitude to slay at your job …
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UBS tax fraud trial opens in Paris
A sweeping investigation into UBS bank, accused of tax fraud and money laundering, comes to trial in Paris today. The bank risks a fine of up to €5 billion (CHF5.7 billion). The trial is set to begin on Monday after years of investigations into the Swiss bank’s French activities, as well as aborted negotiations in which authorities made a settlement offer of €1.1 billion.
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Immobilier suisse, la réalité du cumul de risques. Olivier Crottaz
Avant-propos: Voici un argumentaire très intéressant que nous livre Olivier Crottaz.
Les caisses de pension et autres fonds d’investissement venus de l’étranger se sont engouffrées dans l’autoroute de l’industrie immobilière, construite par la BNS.
Du sur mesure donc qui pour l’instant n’a pas tant profité aux Suisses.
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Swiss-US tax data transfer method ‘violates law’
The Swiss Data Protection Commissioner has issued a legal complaint against the Finance Ministry for sending the names of bank employees, lawyers, accountants and other third parties to the United States to assist with tax evasion investigations.
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Digitization ‘to cost one million jobs’ in Switzerland
The growing trend of digitization in the economy will render a million Swiss jobs redundant in the next 12 years, according to a new study. Some 800,000 jobs will be clawed back by new IT openings, but much of the workforce will need to be re-trained, warns consultancy firm McKinsey. Automation will mainly take the place of manual labour, office and retail workers, says the NZZ am Sonntag newspaper, which has seen an advance copy of the McKinsey...
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Swiss take the Train more often, and further, than European Neighbours
The latest Europe-wide figures confirm Switzerland’s reputation as a country of trains, with average trips and kilometres covered per habitant far higher than elsewhere. Some 72 trips and 2,463 kilometres: this was the average train time for each Swiss resident in 2016, according to Eurostat figures reported Tuesday by Litraexternal link, the Swiss information service for public transport.
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