Category Archive: 3) Swiss Markets and News

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Investec
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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Carbon offsetting explained in 2 minutes

2021-10-26

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Countries lower their carbon footprint and become climate neutral by limiting the amount of greenhouse gases they produce and by compensating the emissions that can't be cut. The carbon offsetting market has become increasingly attractive for countries, companies and individuals, who finance projects that will either suck CO2 out of the atmosphere, or reduce the CO2 release. This is done by buying carbon offsets. Carbon offsetting will be a...

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Swiss companies face severe supply chain bottlenecks

2021-10-25

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2021-10-25

Four out of five firms surveyed by the Swiss Business Federation (economiesuisse) have complained of problems in getting hold of raw materials and essential parts for their goods.

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Mozambique watchdog wants $2 bln debt relief from ‘guilty’ Credit Suisse

2021-10-24

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2021-10-24

A Mozambique public finance watchdog is demanding an estimated $2 billion (CHF1.8 billion) in full debt relief from Credit Suisse, that is ten times more than what Swiss banking giant is willing to write off.

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Switzerland remains top place for expats in 2021

2021-10-23

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2021-10-23

Switzerland is the highest rated country in the latest HSBC expat ranking published this week, a position held for the last three years.

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What’s the real problem in our supply chains?

2021-10-22

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2021-10-22

Containers are piling up at ports, ships are waiting to offload cargo and store shelves are sitting empty. Are all the quick fixes enough to fix the real problems in our supply chains?

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Swiss entities aim to be green pioneers

2021-10-21

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2021-10-21

Some government departments and 13 other Swiss entities have signed a pact to increase energy efficiency, expand renewable energies and make their investments “climate compatible”.

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Thousands protest against Covid measures in Switzerland

2021-10-20

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2021-10-20

Over the weekend, several thousand people took to Swiss streets to protest against Switzerland’s measures to reduce the impact of Covid-19, reported RTS.

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Swiss companies told to brace for electricity shortages

2021-10-19

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2021-10-19

The Swiss government has shared its vision for coping with major power outages in a brochure shared with thousands of companies, the weekly NZZ am Sonntag reported on Sunday. In the absence of an electricity agreement with the European Union, such a scenario is likely if large power plants fail in Switzerland or abroad.

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Switzerland ‘not at risk of truck driver shortage’

2021-10-18

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2021-10-18

Unlike other Western European nations, Switzerland is not at risk of a supply chain crisis due to a lack of truck drivers, according to the president of a major logistics and transport company.

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Covid: Swiss private banks ‘got off relatively lightly’

2021-10-17

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2021-10-17

Swiss private banks managed to increase their assets under management to CHF2.9 trillion ($3.15 trillion) last year, an increase of 2.8% on 2019.

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Switzerland could face electricity shortage by March

2021-10-17

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2021-10-17

If progress is not made on an electricity agreement with the European Union, at least at a technical level, Switzerland is likely to face a significant problem guaranteeing electricity in the short and medium term, especially in winter.

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Geo-blocking set to be banned in Switzerland

2021-10-16

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2021-10-16

Geo-blocking is the practice of pushing online shoppers to a version of a website based on their geographic location. Many consumers would like to see the practice made illegal and Swiss laws look set to make it so, according to the NZZ am Sonntag, reported Le Matin.

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Qatar’s Quintet bank closes shop in Switzerland

2021-10-16

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2021-10-16

Quintet Private Bank says it is closing its Swiss arm just 16 months after opening. The Qatari-owned private bank took over Bank am Bellevue last year.

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Businesses give mixed reaction to Covid certificate

2021-10-15

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2021-10-15

While most Swiss hotels and restaurants are critical of the need to show a Covid certificate, overall small and medium-sized enterprises (SMEs) do not perceive it as a disadvantage.

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Anticipating future technologies for humanity’s well-being

2021-10-14

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2021-10-14

A Geneva-based foundation has created a tool mapping out major scientific breakthroughs that could help decision makers and civil society prepare for their impact.

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Poll: Most Swiss back 30km/h speed limit in urban areas

2021-10-13

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2021-10-13

Most Swiss residents would be in favour of a 30 kilometre (18 miles) per hour speed limit in urban areas, a survey has found.

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Living in Switzerland as a Muslim

2021-10-12

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The Swiss population has voted in favour of banning face coverings, in a vote known as the 'burka ban', in March 2021. They had already voted in favour of banning the construction of minarets in November 2009. What is it like to grow up, and live, as a Muslim in Switzerland? Muslims are the third largest religious community in the small Alpine nation. Despite this, its members say they still face discriminations because they believe in Islam. We...

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Global capital flows: how poor countries finance the rich

2021-10-12

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2021-10-12

It’s an economist’s conundrum: global capital, instead of flowing from rich countries to poor countries, actually moves in the other direction. Each year hundreds of billions of dollars leave developing countries and land in the coffers of rich countries like Switzerland.

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Swiss unemployment down, especially among young

2021-10-12

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2021-10-12

Unemployment fell from 2.7% to 2.6% in September 2021 in Switzerland, with a sharp drop among those aged 15 to 24, reported RTS. By the end of September 2021, just over 200,000 people were looking for employment in Switzerland according to Switzerland’s standard measure, which is focused on those registered with the official unemployment office, something required to collect unemployment benefits.

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‘Fantasy Basel’ re-opens after a two-year Covid break

2021-10-11

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2021-10-11

The three-day Fantasy Basel festival for fans of films, games, comics, cosplay and manga has re-opened its doors after a two-year break.

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