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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Martine Clozel, Mitgründerin von Idorsia und Actelion

2018-06-13

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Sie ist Mitgründerin von Idorsia und Actelion. Doch das Rampenlicht überlässt sie meist ihrem Mann. In einem ihrer seltenen Interviews äussert sich Martine Clozel über ihre Erfolge und die Pipeline von Idorsia.

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Vaud Plans Tax Cuts

2018-06-13

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2018-06-13

Lausanne
The residents of Vaud are among the highest taxed in Switzerland. In 2016, a single person in Lausanne earning CHF 100,000 paid CHF 16,050 in cantonal and communal tax on top of CHF 1,840 of federal tax. This was the fourth highest across all of Switzerland’s 26 cantonal capitals, and almost triple Zug, the lowest, where the figure was CHF 5,750 – see chart below.

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Save the soap!

2018-06-13

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Youth For Soap: a Geneva initiative to stop wasting soap in hotels. 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. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is … Continue...

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A celebration of excellence | Investec Derby 2018

2018-06-12

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The Investec Derby Festival, forged from passion, energy and stamina. Look back at the world’s greatest flat race. https://invest.ec/2MmHSxM

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Swiss pensions – lump sum withdrawal restrictions rejected by Council of States

2018-06-12

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2018-06-12

Against the wishes of the Federal Council, Switzerland’s upper house, the Council of States, rejected a plan to prevent people from withdrawing lump sums from their 2nd Pillar pensions, according to the newspaper Tribune de Genève. Last week, the Council of States voted 25 to 15 to reject the plan.

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Swiss jobless rate drops to 2.4 percent

2018-06-11

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2018-06-11

The unemployment rate in Switzerland has reached a new nadir – just 2.4%, according to latest official statistics. The number of jobseekers is the lowest since the financial crisis. The statistics, published by the State Secretariat for Economic Affairs (SECO) on Thursday, show that the numbers of unemployed turning up at job centres fell by 9% last month, bringing the overall unemployment rate down from 2.7% to 2.4%.

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The Nestlé story

2018-06-11

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Nestlé has a long history in Switzerland, but how Swiss is it nowadays? 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. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role … Continue...

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Reuse and rewind

2018-06-11

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What if buildings could be recycled, instead of demolished? 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. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on …

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Nestlé plans to move 580 jobs out of Switzerland

2018-06-10

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2018-06-10

Last week, Nestlé announced plans to cut its Swiss workforce by 580. The plans involve restructuring its IT department, with a focus on extending its technology hub in Spain. Over the next 18 months, this re-organization could lead to a reduction of up to 500 IT positions in Switzerland, said the company. A source close to Nestlé told Le News that around two thirds of the cuts will occur in Vevey and the remaining third in Lausanne and at the...

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Swiss Prosecutors will not Pursue Novartis over Trump Lawyer Payments

2018-06-09

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2018-06-09

The Office of the Attorney General of Switzerland (OAG) announced on Wednesday that it will not bring proceedings against Novartis in connection with the payments the Swiss pharmaceutical company made to Donald Trump’s personal lawyer.

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Parliament snubs Swiss expat calls for better banking ties

2018-06-08

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2018-06-08

The Swiss Abroad community has suffered a new setback in its efforts to receive improved access to banking services in Switzerland. The House of Representatives on Tuesday threw out a call on the government to ease the financial woes of expatriates by publishing relevant information on the websites of the foreign ministry and Switzerland’s diplomatic representations abroad for the Swiss overseas communities.

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PostFinance Еxpected to Axe 500 Jobs

2018-06-07

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2018-06-07

Post Finance external link, one of Switzerland’s leading financial institutions, expects to cut up to 500 full-time jobs by the end of 2020. The banking division of the Post Office has launched multiple measures to counter the erosion of profit margins and the resulting decline in revenues.

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Vita Parcours: an outdoors fitness success story

2018-06-07

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Fifty years after the first Vita Parcours outdoors fitness trail was opened, they’re still very popular. The idea of physical exercise in the woods quickly caught on in Switzerland, and the 100th Vita Parcours trail was already opened five years after they were introduced. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss …

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The international hype over a cheese vending machine

2018-06-07

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A cheese vending machine in Hünenberg, canton Zug, has become an internet hit. An American website published a video about the machine at the beginning of May. Since then, more than 13 million people have viewed the clip. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is …

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Taavi Kotka, Ex-IT-Chef von Estland

2018-06-07

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Taavi Kotka war vier Jahre IT-Chef von Estland, dem digitalisiertesten Land der Welt. Im Gespräch mit cash spricht er über die Vorteile von E-Government, den digitalen Rückstand der Schweiz und transparente Schul-Apps.

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No relief for Swiss renters

2018-06-06

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2018-06-06

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 1 June 2017 when it fell to its lowest level since 2008.

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Slowdown in Middle Eastern tourists to Switzerland

2018-06-05

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2018-06-05

After almost tripling in the last decade, the number of tourists to Switzerland from the Middle East is slowing down, with the slowdown expected to be particularly marked this summer. The growth rate of tourists from the Gulf will be zero this summer, according to forecasts by Oxford Economics and the Swiss tourist board.

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Martin Hirzel, CEO Autoneum

2018-06-05

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Autoneum steht in Nordamerika weiter im Gegenwind, wie CEO Martin Hirzel sagt. Der Chef des Autozulieferers spricht im cash-Interview auch über Chancen in China und potentielle Kunden wie Tesla oder Dyson.

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‘Drag queens need high heels, lipstick and balls’

2018-06-05

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“True Talk” puts people in front of the camera who are fighting prejudice or discrimination. They answer questions that nobody would normally dare to ask directly. — 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 …

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House Prices Down in Verbier but Up in Some other Swiss resorts

2018-06-04

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2018-06-04

Verbier
A recent report published by UBS shows real estate price changes in european mountain resorts. Over the last year, Verbier (-3.2%) and Crans Montana (-3.0%) experienced the largest price declines, while Saas Fee (+14.3%) and St. Moritz (+7.4%) climbed the most.

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