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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Switzerland – a definition of middle class

2018-03-14

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2018-03-14

Iakov Filimonov
A recent survey calculates 60.1% of Switzerland’s population was middle class in 2015, a figure that has remained broadly stable since 1998, reaching its highest in 2009 (61.3%) and lowest in 2013 (56.8%). But what is middle class in Switzerland? According to Switzerland’s Federal Statistical Office, it is anyone living in a household with a gross income between 70% and 150% of the gross median income.

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Rudolf Hanko, CEO Siegfried

2018-03-14

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Der Pharmazulieferer Siegfried verpasst die Erwartungen der Analysten, die Börse reagiert negativ. Im Video-Interview äussert sich CEO Rudolf Hanko zu seinen Prognosen, zur Aktie und zu Übernahmezielen in der Schweiz.

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Raiffeisen chair resigns over scandal-tainted former CEO

2018-03-14

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2018-03-14

Johannes Rüegg-Stürm, the chairman of the board of directors of Switzerland’s third-largest bank has resigned from his position with immediate effect. The bank hopes turn a new page following the arrest and criminal proceedings against former CEO Pierin Vincenz. A statementexternal link released by the bank on Thursday, said the move was intended to “preserve the long-term credibility of the bank”.

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The making of a well-behaved sheepdog

2018-03-14

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As guard dogs have been a threat to the wellbeing of hikers, Swiss authorities have now committed to measures to better train the animals. (SRF, swissinfo.ch) — 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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Lukas Winkler, CEO Inficon

2018-03-13

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Inficon konnte Gewinn und Umsatz kräftig steigern. Im Video-Interview verrät CEO Lukas Winkler, wieso der Ausblick konservativ ausfällt, ob die Dividende auch künftig steigen wird und warum Zukäufe keinen Vorrang haben.

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How hot politics in the Balkans slowed the clock on your oven

2018-03-13

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2018-03-13

Oven Clock
Switzerland’s power grid is part of a large pool of ebbing and flowing electricity spanning 25 countries, known as the Continental European (EC) power grid. Enough electricity must be fed into it to keep it at a stable frequency. The EC’s magic number is 50 Hz. Maintaining this requires a carefully coordinated trans-national balancing act. When electricity consumption rises, power stations across the network must work harder.

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Swiss politicians with links to health sector can still fully participate in health commissions

2018-03-13

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2018-03-13

High-cost Healthcare
Lukas Reimann, a parliamentarian and member of the Swiss Peoples Party (UDC/SVP), fought to have parliamentarians paid by health companies partially excluded from government commissions dealing with health issues. He thinks vested interests are behind high health premiums and that cartels must be broken.

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A Stradivarius sound thanks to fungus?

2018-03-13

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When creating new instruments, researchers and violin makers strive to reproduce the sound of a Stradivarius. Empa, the Swiss Federal Laboratories for Materials Science and Technology, is trying to achieve this by treating the wood used to make violins with a fungus. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). …

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The latest horse meat scandal:

2018-03-13

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Horses in South American slaughterhouses are mistreated – and their meat might end up on Swiss plates. 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 …

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Drive for women in top jobs suffers setback

2018-03-12

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2018-03-12

The percentage of women in top executive positions dropped slightly in Switzerland last year, a report has found. The annual survey by the Schilling human resource consultancyexternal link shows a 1% drop to 7% in 2017 compared with the previous year. In 2016, the share of women in company executive positions had risen by 2%, raising hopes of a strong increase over the years to come.

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Meat sales drop in Switzerland

2018-03-11

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2018-03-11

Less meat was sold in Switzerland in 2017 than the previous year, although the average Swiss still consumed a good 26 kilograms of meat over the year. Sales of domestic and imported meat fell by 0.7% to 221,468 tonnes, the Federal Office for Agricultureexternal link reported. Turnover also dropped by 0.7% to CHF4.64 billion ($4.95 billion).

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Tax ‘total meltdown’ averted

2018-03-11

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2018-03-11

More than 84% of voters have renewed the government’s right to tax its citizens and companies for another 15 years. This is a unique feature of Switzerland’s political system of direct democracy and federalism. Live results of March 04 2018 ballot: Licence fee for public broadcasters and Federal taxes 2021.

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UBS chief’s pay rises to over CHF14 million

2018-03-10

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2018-03-10

The chief executive of Switzerland’s largest bank UBS received CHF14.2 million ($14.92 million) in compensation for 2017, up from CHF13.7 million in 2016, UBS said on Friday. The announcement comes at a time when executive pay and bonuses are under increased scrutiny in Switzerland.

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Government proposes new pension reform guidelines

2018-03-10

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2018-03-10

The Swiss government on Friday fixed the outlines of a new state pension reform plan, including raising VAT to fund it, and raising the retirement age for women from 64 to 65. The proposed reform is to be financed by an increase in VAT of up to 1.7%. Home Affairs Minister Alain Berset, who oversees social security and pension issues, is to submit a detailed proposal for consultation by lawmakers before the summer break.

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Une TVA à 9.4 percent avec une perspective de retraite à 70 ans.

2018-03-09

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2018-03-09

TVA
M Berset a présenté, ce 2 mars, les lignes directrices de sa réforme de l’AVS. Nous en retiendrons deux propositions phares. La première consiste à faire passer la TVA de 7,7% à 9,4%. M Berset impose une majoration de celle-ci de plus de 22%! L’information nous arrive au lendemain d’une annonce d’un excédent de 4,8 milliards de francs sur l’exercice 2017! Deux milliards avaient été provisionnés pour l’impôt anticipé.

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Train business deal with Iran causes confusion

2018-03-09

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2018-03-09

The Swiss firm, Stadler Rail, has rejected reports that it signed off on a major infrastructure contract with Iran’s Industrial Development & Renovation Organization for 960 wagons for an underground railway system. The companyexternal link said there is no deal or decision but merely a public tender, according to SRF public radio.

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cash Börsen-Talk vom 9. März 2018

2018-03-09

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Der Börsenverlauf ist derzeit geprägt von politischen Ereignissen, Zinspolitik und Firmenzahlen. Ökonom Karsten Junius erwartet weiter volatile Aktienmärkte und gibt Anlegern im cash-Börsen-Talk einen Rat auf den Weg.

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Former Raiffeisen boss Vincenz faces criminal probe

2018-03-08

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2018-03-08

Zurich prosecutors have opened criminal proceedings against the former chief executive of Swiss banking group Raiffeisen, Pierin Vincenz, looking into suspicions of misdealing. The bank has also joined the probe as a private complainant. “Raiffeisen is therefore making a maximum contribution to the complete clarification of all processes,” the bank said in a statement on Wednesday.

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International women’s day – UBS & Diversität

2018-03-08

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Weitere Informationen finden Sie auf: http://ow.ly/NZl030iP8Of UBS und Diversität: Am Internationalen Tag der Frau spricht Lisa Kneubühler aus dem Kommunikationsteam von UBS mit Axel P. Lehmann, President UBS Switzerland, über die Pläne und Ziele der Bank im Bereich Frauenförderung. Was tut UBS konkret? Welche Massnahmen haben sich bewährt? Und wo besteht noch Handlungsbedarf?

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International women’s day – UBS & Diversity

2018-03-08

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For further information visit: http://ow.ly/NZl030iP8Of UBS and Diversity: Lisa Kneubühler, UBS communications team, talks to Axel P. Lehmann, President UBS Switzerland, about woman’s day and plans to promote women’s empowerment. What is UBS doing in concrete terms? Which measures are promising?

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