Category Archive: 3) Swiss Markets and News
Swiss banks cut 4.1 percent of local jobs in first half as profit falls
Banks in Switzerland reduced their domestic workforce by 4.1 percent in the first half as companies combined and made cost cuts to stem declining profitability, a survey by the nation’s main bank association showed.
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Oscar Farinetti, Gründer und Inhaber von Eataly
Seit zehn Jahren legt Oscar Farinetti mit seiner Supermarktkette Eataly weltweit ein atemberaubendes Wachstum hin. Im Gespräch mit cash äussert sich Farinetti zu Eataly-Plänen für die Schweiz und zum geplanten IPO.
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Gold Withdrawals From The NY Fed Accelerate, Hit 388 Tons Since 2014
First it was Germany who redeemed 120 tons of physical gold from the NY Fed in 2014; then it was the Netherlands who "secretly" redomiciled 122 tons of gold; then last May, we learned that Austria would be the third "core" European nation to repatriate most of its offshore gold, held primarily in the Bank of England, redepositing it in Vienna and Switzerland.
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Moving away from nuclear power
Around 130 young people visited Switzerland to take part in camps ahead of the 100th anniversary of the Organisation of the Swiss Abroad. Some of them have never lived in the country, and neither has their Swiss parent, or parents. Joining a Swiss abroad summer camp is a way in to the psyche of Switzerland. … Continue reading »
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What is active tourism?
Around 130 young people visited Switzerland to take part in camps ahead of the 100th anniversary of the Organisation of the Swiss Abroad. Some of them have never lived in the country, and neither has their Swiss parent, or parents. Joining a Swiss abroad summer camp is a way in to the psyche of Switzerland. … Continue reading »
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Finland Unleashes Helicopter Money In “Greatest Societal Transformation Of Our Time”
Finland is about to launch an experiment in which a randomly selected group of 2,000–3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The amount is the same as the current guaranteed minimum level of Finnish social security support.
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Exploring the great outdoors as nomads
What’s it like visiting Switzerland as a young Swiss who lives abroad? Here are some impressions from youth at recent camps run by the Organisation of the Swiss Abroad. Around 130 young people were in Switzerland to take part in camps ahead of the 100th anniversary of the Organisation of the Swiss Abroad. Some of … Continue...
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Werner Rutsch, Leiter institutionelles Geschäft bei AXA Investment Managers
Die Schweizer akzeptieren eine Reform der Altersvorsorge, lehnen aber Rentenkürzungen ab. Das zeigt eine neue Umfrage von Axa Investment Managers. Deren Vertreter Werner Rutsch äussert sich im Interview mit cash.
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Börsen-Talk vom 30. August 2016
Cash-Guru Alfred Herbert wird heute Dienstag 80 Jahre alt. Im Börsen-Talk hält er Rückschau auf sein bewegtes Leben als Börsenhändler. Und er wagt eine Prognose auf die nächsten Börsenjahrzehnte.
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Börsen-Talk vom 30. August 2016
cash-Guru Alfred Herbert wird heute Dienstag 80 Jahre alt. Im Börsen-Talk hält er Rückschau auf sein bewegtes Leben als Börsenhändler. Und er wagt eine Prognose auf die nächsten Börsenjahrzehnte.
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Ysaline Roth, Gymnasiastin aus Bern
Einen grossen Auftritt vor Schweizer Wirtschafts- und Politprominenz – das hatte die Berner Gymnasiastin Ysaline Roth am «Tag der Wirtschaft» von Economiesuisse. Im cash-Video-Interview schildert sie ihre Eindrücke.
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Market round up – all eyes on Jackson Hole
The Swiss Market Index along with global stocks are trading flat this week ahead of Federal Reserve’s Janet Yellen’s Friday speech at the central bank’s annual Jackson Hole Summit.
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René Zahnd, CEO Swiss Prime Site
SPS-CEO René Zahnd erklärt im cash-Video-Interview, weshalb der Gewinnrückgang im ersten Halbjahr für das Immobilienunternehmen kein Problem darstellt. Er äussert sich überdies zur Dividendenausschüttung.
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Negative interest pushes Switzerland’s 2016 budget into positive territory
Switzerland’s budget for 2016 is looking better than expected. Instead of a shortfall of CHF 0.5 billion, the latest figures forecast a surplus of CHF 1.7 billion. Overall income was up CHF 1.2 billion and costs were down CHF 1.0 billion. This CHF 2.2 billion shift took the annual forecast from CHF -0.5 billion to CHF 1.7 billion. The biggest driver of the change was the effect of negative interest rates.
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GB Women’s Hockey – Gold Medallists, Rio 2016
Grit, determination and out of the ordinary teamwork saw the Women’s GB Hockey team take Gold in Rio.
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Behind the Scenes of Investec Opera Holland Park
Go behind the Scenes and take a glance beyond the curtain at what makes Investec Opera Holland Park so unique, with Cultural Exposé.
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Inspire with Investec Opera Holland Park
Inspire: A look at how Investec Opera Holland Park helps the local community shine, with Cultural Exposé.
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The Performance: Experience Investec Opera Holland Park
Experience a magical evening at Investec Opera Holland Park with first-time visitor, Cultural Exposé.
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Sensational meteorite fragments unearthed in Bern field
Researchers and collectors have discovered hundreds of meteorite fragments on a field in canton Bern. It’s the largest meteorite find in Switzerland so far and an important one for science. (SRF/swissinfo.ch) More than 30 years ago, a Swiss farmer came across a single piece of a meteorite that fell to earth around 160,000 years earlier. …
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Britain’s Brexit binge on Swiss watches
The pendulum for Britain has swung back to positive, and it’s tourists who’ve pushed it there.Britain was one of the few bright spots for Swiss watch exports in July, rising 13.4 percent from a year earlier and counteracting a massive 26 percent drop in June, according to data published by the Federation of the Swiss Watch Industry on Tuesday.
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