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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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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Journée internationale des femmes – UBS et la diversité

2018-03-08

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Pour plus d’informations, visitez: http://ow.ly/NZl030iP8Of UBS et la diversité: à l’occasion de la Journée de la femme, Lisa Kneubühler, de l’équipe de communication d’UBS, s’entretient avec Axel P. Lehmann, President UBS Switzerland, sur les projets et les objectifs de la banque dans le domaine de la promotion des femmes. Que fait concrètement UBS? Quelles mesures …

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Giornata internazionale della Donna – UBS & diversità

2018-03-08

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Per ulteriori informazioni visita: http://ow.ly/NZl030iP8Of UBS e diversità: Lisa Kneubühler del dipartimento di comunicazione di UBS, in occasione della “Giornata delle Donne”, intervista President UBS Switzerland, Axel P. Lehmann, che parla degli obiettivi e dei progetti per quanto riguarda la promozione femminile. Cosa fa UBS concretamente? Quale misure sono promettenti?

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Budget Speech 2018 and State-owned entities – insights from Investec

2018-03-07

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‘No-one mentions the P-word’ – Investec’s panel of experts discuss partial privatisation of SOEs. When your finances are in such a precarious state and you can’t borrow and can’t fund, you HAVE to sell off these assets,” says David Gracey, head of currency and derivatives trading at Investec Corporate and Institutional Banking. He says the …

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Investec insights: Budget Speech 2018 and path to fiscal consolidation

2018-03-07

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‘We’re not out of the woods’ – Investec’s panel of experts discuss the state’s missing billions. Looking to roll back government finances and consolidate them in the manner that Trevor Manuel did, is something we might have to go through in order to get ourselves back on a firm footing so we can move forward,” …

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UN’s Geneva staff planning a strike over pay cuts

2018-03-07

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2018-03-07

Employees of the United Nations in Geneva are planning a half-day strike on Tuesday to protest against wage cuts. The work stoppage would take place during a busy week, with dozens of ministers and officials expected at various events. "We have tried other forms of protest in vain before," said Ian Richards, head of the Staff Coordinating Council at United Nations Office at Geneva, on Sunday. "They left us no choice."

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Dieter Weisskopf, CEO Lindt&Sprüngli

2018-03-07

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Anleger sind nicht ganz zufrieden mit den Geschäftszahlen von Lindt & Sprüngli. CEO Dieter Weisskopf beantwortet im cash-Video die wichtigsten Fragen zu organischem Wachstum, Dividende und Übernahmen.

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2017 saw upswing in Swiss engineering jobs

2018-03-07

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2018-03-07

The Swiss mechanical, electrical and metal industries are recovering, as indicated by increases in turnover and employment. The industry lobby group Swissmemexternal link reported on Thursday that 4,500 additional jobs were generated in 2017 compared to the previous year, taking the industry total to 322,100. In contrast, 12,600 jobs were cut in 2015 and 2016 combined.

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Quarter of Swiss companies fail to pay bills on time

2018-03-06

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2018-03-06

23.3% of businesses in Switzerland did not pay their bills on time in 2017, found the business information service Bisnode D&Bexternal link in a survey published on Wednesday. That’s 0.3% less late-payers compared to 2016. The average delay of payments was also shorter in 2017, averaging 14.4 days, compared to 15.7 in 2016.

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