Category Archive: 3) Swiss Markets and News

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Almost one in five Swiss residents have dual nationality

Around 17% of Swiss residents over the age of 15 hold two passports. The canton of Geneva has the highest proportion of dual nationals at 45%. According to figures released by the Federal Statistical Office (FSO) on Tuesday, the double nationality rate exceeds 20% in the cantons of Zurich, Basel City, Ticino, Vaud and Neuchâtel.

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Narasimhan Vasant, CEO Novartis

Novartis verspricht nach der Ankündigung des massiven Stellenabbaus einen Sozialplan und Umschulungen für Betroffene. Wie CEO Vasant Narasimhan sagt, fallen die Stellen einer neuen Produktstrategie zum Opfer.

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Swiss Health Insurance Costs to Rise Further in 2019

More bad news for Swiss household budgets was released today for residents of all but three Swiss cantons. Health insurance premiums in 2019 will be on average 1.2% higher than in 2018 across Switzerland as a whole. However, within this figure there are significant cantonal variations.

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David Page, Axa Investement Management

Der Handelsstreit zwischen den USA und China eine neue Stufe erreicht. Dennoch erklimmt die US-Börse neue Rekordstände. Weshalb das so ist, erklärt Ökonom David Page von Axa Investment Managers im cash-Interview.Weiterlesen…

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Thousands demonstrate in Bern for equal pay

A national rally in favour of equal pay and against discrimination has taken place in the Swiss capital, attracting some 20,000 people, according to organisers. Unions, political parties and supporting organisations said in the run-up to the rally on Saturday that although equality was enshrined in the constitution 37 years ago and the law had been in force for 22 years, even today power and money are distributed differently among women and men.

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Swiss CEOs still the best-off in Europe

A report on the salaries of CEOs across Europe has found that Switzerland once again tops the table, ahead of Great Britain and Germany. The report also discovers that salaries have risen over the past year.

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Swiss investors launch $100m blockchain start-up factory

A consortium of Swiss investors has launched a private equity vehicle that aims to collect up to $100 million with the long-term goal of getting 1,000 blockchain companies off the ground internationally every year. The Swiss company Crypto Valley Venture Capital (CV VC) launched its initial “Genesis Hub” incubator in Zug, home to Switzerland’s Crypto Valley, on Thursday.

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Börsen-Talk vom 21. September 2018

Trotz politischen Unsicherheiten glaubt Janwillem Acket an steigende Aktienkurse aufs Jahresende hin. Die gute Wirtschaftslage der Schweiz helfe stark, sagt der Chefökonom der Bank Julius Bär im cash-Börsen-Talk.

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Commodity Trading Consortium Launches Blockchain Platform

A consortium of commodities traders, banks and the world’s largest goods inspection company have joined forces to launch a blockchain platform in Switzerland, which is intended to ease the administrative burden of shifting oil, grain and other products around the world.

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Clariant announces strategic overhaul with Saudi partner

Swiss specialty chemical maker Clariant has signed a memorandum of understanding to enter into a strategic partnership with Saudi Arabian firm SABIC. This will result in a major restructuring of the company along with changes in management and the board of directors. On Tuesday, Clariant said the collaboration will see the merger of units from both companies into a new High Performance Materials division.

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Parts of US plane wreck pulled from glacier 70 years on

Parts of a wrecked US military plane have been recovered from melting glacier ice 70 years after it made an emergency landing in the Alps. — 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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Walter Oberhaensli, CEO Zur Rose

Walter Oberhänsli ist CEO und Gründer von Zur Rose, Europas grösster Versandapotheke. Im cash-Interview äussert er sich zu drohenden Versandverboten, einer möglichen Übernahme durch Amazon und einer denkbaren Dividende.

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Swiss Housing – the hardest and easiest places to find a home

Recent government figures show a 13% rise in the number of vacant homes over the 12 months to June 2018. The number has more than doubled since 2009 when there were close to 35,000 vacant dwellings. By 1 June 2018, there were more than 72,000, a vacancy rate of 1.62%.

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Michael Baldinger, UBS Asset Management

Michael Baldinger ist Head of Sustainable and Impact Investing bei UBS Asset Management. Im cash-Video-Interview spricht er über die Beweggründe der UBS auf diesem Markt, das Kundenbedürfnis bei nachhaltigen Anlagen sowie über Produkte und die Rolle von «pure players».

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Riet Cadonau, CEO Dormakaba

Investoren und Analysten sind bei Dormakaba nach der Gewinnwarnung im Juli etwas misstrauisch geworden, sie glauben nicht so recht an baldige Verbesserungen. Dem widerspricht CEO Riet Cadonau im cash-Video-Interview.

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Crealogix möchte wieder höhere Dividende zahlen

Der Bankensoftwarehersteller Crealogix kürzt die Ausschüttung für die Aktionäre um die Hälfte. Das soll sich bald wieder ändern, sagt CEO Thomas Avedik im cash-Video-Interview.

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Over 7,000 farms get lower subsidies due to irregularities

The federal authorities last year cut direct subsidies paid to 16% of all Swiss farms due to irregularities often due to animal protection and welfare issues. In all, 7,145 farms, or 16% of the total, received lower payments, the SonntagsZeitung wrote on Sunday. The report was based on figures that have yet to be published by the Federal Office for Agriculture, but which were confirmed by the economics ministry.

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‘I take selfies, therefore I am’

‘I take selfies, therefore I am’ — 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:...

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The Swiss apprentice: biggest event of its kind shows off “Swiss Skills”

Visitors to the Swiss capital, Bern, have been finding out for themselves what it’s like to work as an apprentice. — 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 …

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Credit Suisse found lacking in fight against money laundering

Swiss bank Credit Suisse has failed to meet its obligations to prevent money laundering, says Switzerland’s financial supervisory authority. According to FINMA, the Financial Market Supervisory Authorityexternal link, the misconduct is related to the alleged corruption cases around FIFA, world football’s governing body, and the oil companies Petrobas and PDVSA.

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