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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Johannes Müller, Deutsche Bank

2018-02-28

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Solange die Wirtschaftsdaten stimmen, bleiben Investments in Aktien erste Wahl, sagt Johannes Müller von der Deutschen Bank im cash-Video-Interview. Eine Einschränkung macht er allerdings.

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Patrick Frost, CEO Swiss Life

2018-02-27

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Swiss-Life-CEO Patrick Frost erwartet für das laufende Jahr steigende Zinsen: Dies birgt Chancen und Risiken. Weitere Dividendenerhöhungen seien indessen möglich, sagt der Chef des Versicherungskonzerns.

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Exports sweeten turnovers for Swiss chocolate makers

2018-02-27

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2018-02-27

Despite a decline in domestic consumption, sales of Swiss chocolate grew by 3.1% in 2017 thanks to foreign demand. On Thursday, the Federation of Swiss Chocolate Manufacturers (Chocosuisse) reported total sales of CHF1.85 billion ($1.98 billion) for the year. The volume of chocolate sold also increased by 2.7% to 190,731 tons.

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Lake Geneva Region Attracts Most Cross-Border Workers

2018-02-27

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2018-02-27

Switzerland continues to attract large volumes of cross-border workers, notably in the Lake Geneva region and around the city of Basel. At the end of last year, 318,002 people were crossing the border each day to work in Switzerland, according to data published by the Federal Statistics Officeexternal link on Friday. This is an increase of 1.7% compared with December 2016.

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Swiss federal finances – surplus of billions in 2017

2018-02-27

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2018-02-27

© Jean-michel Feinen | Dreamstime.com
While many national governments, such as the US and UK, regularly spend more than they collect, Switzerland managed a CHF 2.8 billion surplus in 2017. In addition, CHF 2 billion of withholding tax is expected, which would push the surplus up to CHF 4.8 billion.

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Jamil Baz, Pimco

2018-02-27

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An den Märkten mag wieder so etwas wie Ruhe eingekehrt sein, meint der Anlagestratege Jamil Baz von Pimco im Video-Interview. Doch zwei Themen lassen ihn etwas besorgt in die Zukunft blicken.

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Swiss hotel bookings on a high note

2018-02-26

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2018-02-26

After several difficult years, the Swiss hotel industry is recovering. There were 37.4 million overnight stays in 2017 – 5.2% more than in the previous year and nearly as many as the record years of 1990 and 2008. The increase came from locals as well as foreigners. Total domestic demand increased by 4.2% to 16.9 million overnight stays – the highest number of Swiss-based guests ever, the Federal Statistical Office reported on Thursday.

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Investec Startup School

2018-02-26

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“The Startup school doesn’t sell a rags to riches story that no-one can replicate. I had a vision with no direction. Startup School gave me direction from week one,” says entreprenur Aadil. Find out how he turned a startup that he “stumbled into by mistake” into a thriving business. Find out more here: http://bit.ly/2CIAhU3.

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Swiss government wants old banknotes to be valid indefinitely

2018-02-25

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2018-02-25

The deadline of 20 years to exchange recalled banknotes should be abolished, the Federal Council suggested on Wednesday. The current system, which was introduced in 1921, operates under the assumption that discontinued notes which are not returned to the bank within the exchange deadline have either been lost or damaged.

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Geneva to Zurich for half the price of a Swiss train

2018-02-25

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2018-02-25

Domo Bus
Switzerland’s transport authority (OFT) recently gave Domo Swiss Express SA, a Zurich-based bus company, a green light to run three routes across Switzerland. The first will run from Zurich to Lugano, via Basel and Luzern, the second from St. Gallen to Geneva airport, via Zurich and Bienne, and the third from Chur to Sion, via Zurich and Bern. Services are expected to run twice daily.

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2017 sees big boom in internet shopping

2018-02-24

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2018-02-24

Swiss consumers are increasingly turning to the internet for shopping. Online sales were up by 10% in 2017, with a 23% increase in online purchases from abroad. The total sales generated from online shopping in 2017 was CHF8.6 billion ($9.2 billion) last year, with CHF1.6 billion going to companies abroad, The Association of Swiss Mail Order Companies (VSV)external link, the market research company GfK and Swiss Post revealed on Tuesday.

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Switzerland’s Gotthard Base Tunnel wins European Railway Award

2018-02-24

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2018-02-24

The 2018 European Railway Award has been awarded to two pioneers of the Gotthard Base Tunnel, the longest rail tunnel in the world that runs under the Gotthard massif in the Swiss Alps. Peter Jedelhauser of Swiss Railways and Renzo Simoni, former CEO of AlpTransit Gotthard AG, received the award on Tuesday evening in Brussels “on behalf of everyone involved in building and putting Gotthard Base Tunnel into operation”.

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cash Börsen-Talk vcom 23. Februar 2018

2018-02-23

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Für Aktienanleger wird das Umfeld ungemütlicher, ist Harald Preissler überzeugt. Im Börsen-Talk sagt der Investment-Experte, weshalb er mit erneuten scharfen Korrekturen rechnet und wie sich Börsianer verhalten sollten.

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cash Börsen-Talk vcom 23. Februar 2018

2018-02-23

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Für Aktienanleger wird das Umfeld ungemütlicher, ist Harald Preissler überzeugt. Im Börsen-Talk sagt der Investment-Experte, weshalb er mit erneuten scharfen Korrekturen rechnet und wie sich Börsianer verhalten sollten.

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US supermarket giant Walmart now selling Swiss-made chocolate

2018-02-23

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2018-02-23

Swiss retailer Coop is producing bars for Walmart’s own-brand chocolate, the SonntagsZeitung reported on Sunday. The chocolate is produced in a newly established production centre near Basel and has been available in Walmart stores since last year, confirmed Reto Conrad, head of production at Coop, to the German-language newspaper.

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Swiss Post Bus company invested heavily in France and lost millions

2018-02-23

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2018-02-23

The Post has been operating its French subsidiary, CarPostal France at a huge financial loss, reported Swiss public television, SRF, on Monday. The company is also accused of having used a price dumping policy to unfairly increase its market share in France. According to an investigative report by SRF’s economics news bulletin “Eco”, CarPostal accumulated an operating loss of €1.8 million (CHF2.1 million) over the period between 2007 and 2016. The...

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Martin Nydegger, Direktor Schweiz Tourismus

2018-02-22

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2017 ist gemäss Martin Nydegger der Turnaround im Tourismussektor eingetreten. Im Video-Interview sagt der Direktor von Schweiz Tourismus, wie die Krise bewältigt werden konnte.

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Martin Nydegger, Direktor Schweiz Tourismus

2018-02-22

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2017 ist gemäss Martin Nydegger der Turnaround im Tourismussektor eingetreten. Im Video-Interview sagt der Direktor von Schweiz Tourismus, wie die Krise bewältigt werden konnte.

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Swiss News Agency calls for help in job cuts conflict

2018-02-22

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2018-02-22

After three weeks of talks, management and staff at the Swiss News Agency (SDA-ATS) have not managed to reach an agreement on job cuts, and are now calling for the State Secretariat for Economic Affairs (SECO) to mediate. Both sides agreed to the call. Their negotiations followed a strike in late January-early February over a plan to cut up to 40 jobs out of a total 180.

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Coop boycotts 150 Nestlé products over price disagreement

2018-02-22

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2018-02-22

Coop Hauptsitz
According to Swiss broadcaster RTS, Swiss retailer Coop, along with five other members of AgeCore SA, a Geneva-based purchasing alliance, have decided to boycott a large number of Nestlé products in the hope of striking a better deal on price. Sales to AgeCore SA members, which include Coop in Switzerland, Intermarché in France, Edeka in Germany, Conad in Italy, Colruyt in Belgium and Eroski in Spain, represents around 10% of Nestlé’s sales in...

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