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Category Archive: 3) Swiss Markets and News

Main Author Investec
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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Covid: fast-spreading UK strain detected in seven Swiss cantons

2021-01-06

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2021-01-06

Laboratory confirmed cases, January 6
The fast spreading strain of the SARS-CoV-2 virus discovered in the UK has now been detected in seven Swiss cantons, according to the Federal Office of Public Health (FOPH), reported RTS.

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Immigration Zuwanderung in die Schweiz – Mehr Probleme oder mehr Wohlstand?

2021-01-05

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2021-01-05

Wanderung aus EU- und EFTA-Staaten
The Swiss automobile industry registered its worst result in over 40 years, as the number of new cars hitting the road in 2020 fell by a quarter compared to the previous year.

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Errors made managing pandemic, admits new Swiss president

2021-01-05

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2021-01-05

According to RTS, Guy Parmelin, Switzerland’s president since 1 January 2021, told the newspaper SonntagsBlick, that between July and September the government underestimated the pandemic.

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Covid: 9,665 new cases over 4 days in Switzerland

2021-01-05

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2021-01-05

Daily New Cases in Switzerland, January 4
Over the 4 days to 4 January 2020, Switzerland’s Federal Office of Public Health (FOPH) reported  9,665 new cases and 189 deaths bringing Switzerland’s Covid-19 death toll to 7,831 (confirmed 7,271). 

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OECD should focus on climate crisis and inequality, says Hildebrand

2021-01-04

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2021-01-04

Former Swiss National Bank Chairman Philipp Hildebrand
Former Swiss National Bank Chairman Philipp Hildebrand has been nominated by Switzerland to lead the Organisation for Economic Cooperation and Development (OECD), whose Secretary General Angel Gurria is leaving in May 2021.

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Swiss continue search for absconded British tourists

2020-12-31

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2020-12-31

Swiss cantons are still trying to identify tourists from the UK and South Africa who are staying in their resorts or who fled to escape Covid quarantine. Canton Valais, home to many popular ski resorts such as Verbier and Zermatt, is struggling. This content was published on December 30, 2020 - 14:03 December 30, 2020 - 14:03 Keystone-SDA/ts At the weekend an estimated 200 British tourists crept out of Verbier during the night, with hotel...

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Covid: negative test to enter France from Switzerland only required if resident in France

2020-12-31

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2020-12-31

On 19 December 2020, the French government advised against French residents travelling to Switzerland to ski and introduced rules that made returning difficult, including a requirement to show a negative Covid-19 test less than 72 hours old or to quarantine on arrival. © Anne Laure Affre | Dreamstime.comThe rule covered all those entering France from the cantons of Graubünden, Jura, Neuchâtel, Uri, Valais and Vaud. However, it was...

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‘Brexit envy’ grows in Switzerland

2020-12-30

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2020-12-30

British Prime Minister Boris Johnson announces a deal on December 24 Paul Grover Britain has finally negotiated a deal with the European Union. The European Court of Justice will not act as a court of arbitration. Some Swiss voices are now calling for Switzerland to get the same deal. The UK and the EU managed to agree on a last-minute trade deal after all. It will come into force provisionally on January 1. This will prevent customs duties...

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Economic outlook for Switzerland in 2021

2020-12-30

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2020-12-30

Have the Swiss and European Union economies already been through the worst, or will the pandemic cause more damage in 2021? Keystone / Martin Ruetschi Lockdown, home office, travel bans. The pandemic has shaken up the economy, but its disruptive power is having a selective effect. While the pharmaceutical industry is sailing through the crisis unscathed, the watch industry is being hit harder than any time since the last world war. What is the...

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Swiss want more digital services from the state

2020-12-30

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2020-12-30

Digitalisation is increasing pressure on state authorities, with almost three-quarters of Swiss expecting more digital services from the authorities, according to a survey by consultants Deloitte. Whether it’s paying parking fines or obtaining motorway toll stickers, Swiss want to be able to deal with such services online. A third of those surveyed could even imagine getting married via video conferencing.A large majority of the population would...

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Covid: UK tourists break Covid quarantine in Verbier

2020-12-29

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2020-12-29

Shortly after the UK announced it was struggling to contain a new faster spreading strain of the SARS-CoV-2 virus, the Swiss government announced a backdated 10-day quarantine requirement for UK arrivals. This affected hundreds of UK tourists already in the winter resort of Verbier. Verbier, SwitzerlandAround 400 UK tourists, who had arrived after the retrospective 14 December 2020 quarantine cut off date, were staying the Swiss resort....

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‘We were too lax’ admits Swiss health minister on Covid-19

2020-12-29

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2020-12-29

In an interview with Swiss public television, SRF, Health Minister Alain Berset has acknowledged that Switzerland made mistakes in managing the coronavirus outbreak.

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Swiss groups argue about parking spaces

2020-12-25

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2020-12-25

Even good drivers might struggle to fit their cars into the allotted parking spaces in Switzerland. Yet Swiss cities don’t necessarily want to provide larger spaces.

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Europe’s ski market crushed by Covid-19

2020-12-24

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2020-12-24

Gérard Brudi, who rents two apartments to winter workers in the popular French ski resort of Val Thorens, has not had a single booking this year.

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Switzerland bans flights from UK over new coronavirus

2020-12-23

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2020-12-23

Switzerland has joined other European countries in suspending flights from the United Kingdom and South Africa after reports of a fast-spreading new coronavirus strain.

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Covid: restaurants and cafés to close across French-speaking Switzerland

2020-12-23

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2020-12-23

Restaurants and cafés will progressively close once more across French-speaking Switzerland starting in the canton of Jura on Tuesday 22 December 2020.

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Credit Suisse chief vows a ‘clean slate’ in 2021

2020-12-22

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2020-12-22

The chief executive of Credit Suisse has vowed the bank will start 2021 with a “clean slate” after a torrid year that began with a damaging corporate spying scandal and was punctuated by embarrassing fallout from legacy compliance and lending failures.

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Covid: retroactive quarantine for those arriving from the UK and South Africa

2020-12-22

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2020-12-22

Following the discovery of a new, more contagious variant of the coronavirus in the UK and South Africa, the Federal Council today decided to take steps to prevent the further spread of this new virus strain.

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First Covid-19 vaccine approved for Swiss use

2020-12-21

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2020-12-21

Swiss health regulator Swissmedic has approved the coronavirus vaccine from Pfizer/BioNTech. According to the Swiss authorities, the level of protection is over 90% a week after the second dose.

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Covid: Switzerland suspends flights from the UK and South Africa

2020-12-21

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2020-12-21

Late on 20 December 2020, the Swiss government decided to suspend flights to Switzerland from the UK and South Africa following news of the discovery a new variant of SARS-CoV-2 virus.

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