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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Swiss pledge CHF104 million in development aid for Afghanistan

2020-11-27

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2020-11-27

At an international conference in Geneva to source funding for Afghanistan, Switzerland has renewed its annual CHF26 million ($28.48 million) pledge for another four years.

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Government hopes for ‘first successful pension reforms’ of the century

2020-11-26

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2020-11-26

In summer 2019 the social partners agreed on a reform of the Swiss occupational pension scheme. The government on Wednesday adopted this compromise unchanged; the ball is now in parliament’s court.

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Clariant plans to slash more jobs

2020-11-26

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2020-11-26

Swiss speciality chemicals firm Clariant has announced further job cuts amid a series of divestments.

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Making prosthetic limbs from recycled bottles

2020-11-25

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Recycling plastic to make new bottles is one thing, but using the material to create prosthetic limbs? That's another. Two Swiss designers are using their skills to improve the lives of amputees.

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What the Covid Vaccine Hype Fails to Mention

2020-11-25

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2020-11-25

Pfizer recently announced that its covid vaccine was more than 90 percent “effective” at preventing covid-19. Shortly after this announcement, Moderna announced that its covid vaccine was 94.5 percent “effective” at preventing covid-19. Unlike the flu vaccine, which is one shot, both covid vaccines require two shots given three to four weeks apart. Hidden toward the end of both announcements, were the definitions of “effective.”

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Covid, November 24: Switzerland’s infection rate continued to slow over the weekend

2020-11-24

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2020-11-24

Over the weekend, Switzerland averaged 3,250 new daily recorded cases (9,751 over 72 hours). This represents a significant drop from the daily peak of 10,128 cases reported on 5 November 2020.

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Revelation Of The Method

2020-11-23

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2020-11-23

There is one question very few are asking. Even on the most obscure blogs or conspiracy forums, we don’t find serious discussion of it.

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Covid: only the vaccinated get to travel abroad, suggests Swiss infectious disease expert

2020-11-23

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2020-11-23

Resistance to vaccinations is significant in Switzerland. A survey done in November 2020 suggests only 16% of the population would get vaccinated immediately if there was an approved Covid-19 vaccine, reported 20 Minutes.

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Swiss government promises one billion francs for Covid hit businesses

2020-11-22

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2020-11-22

This week, Switzerland’s federal government decided to increase aid money to Covid hit businesses to CHF 1 billion.

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Coronavirus biggest concern among Swiss, according to survey

2020-11-21

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2020-11-21

The coronavirus pandemic and its consequences rank at the top of the list of Swiss concerns in 2020, according to a recent survey.

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Nuclear plant worker’s cancer judged not to be a work-related illness

2020-11-20

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2020-11-20

The Federal Court has dismissed the appeal of a former employee of two Swiss nuclear power plants who was diagnosed with bladder and prostate cancer. The man took legal action after the national accident insurance fund refused benefits for an occupational illness.

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What is a Swiss multinational company and what’s their role in the economy?

2020-11-19

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Switzerland is home to big players in the raw materials, food and chemicals industries. The alpine country boasts one of the world’s highest concentrations of multinational headquarters. You might wonder: where does its attractiveness come from? Switzerland offers many advantages to large businesses: economic stability, a strong financial sector, qualified workers, a geographic location at the heart of transport networks – and an advantageous tax...

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Covid, November 19: Swiss ICU numbers reach new peak as infection rate moderates

2020-11-18

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2020-11-18

Cases in Schweiz, November 18
Over the last 48 hours, Switzerland’s Federal Office of Public Health (FOPH) reported a further 227 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,654 since summer and 3,385 since the beginning of the year.

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Why big companies fear the Responsible Business Initiative

2020-11-18

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2020-11-18

Big multinationals in Switzerland have been nearly unanimous in their rejection of an initiative to make companies more accountable for their actions abroad. What are they afraid of?

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Swiss start-up generates electricity from wind power

2020-11-17

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Switzerland produces less wind power than other European countries but has ambitious future targets. A Lugano start-up is developing drones to generate electricity from high-altitude winds. Winds, especially at high altitude, offer huge potential as an alternative renewable energy source to help solve the climate crisis.  In Switzerland, the main source of energy is hydropower. Building large wind turbines, especially in Swiss valleys, is...

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Covid, November 16: 198 deaths in Switzerland over weekend as infection rate slows

2020-11-16

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2020-11-16

Cases in Schweiz
Over the last 72 hours, Switzerland’s Federal Office of Public Health (FOPH) reported 198 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,427 since summer and 3,158 since the beginning of the year.

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Ex-Credit Suisse boss recruited by Rwandan government

2020-11-16

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2020-11-16

Tidjane Thiam, who resigned as CEO of Swiss bank Credit Suisse in February, has been tasked with using his connections to build up the Rwandan capital Kigali as an international business location, according to Swiss business newspaper Handelszeitung.

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Will vaccination campaign convince hesitant Swiss?

2020-11-16

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2020-11-16

Faced with considerable public scepticism towards a Covid-19 vaccine, the Federal Office of Public Health is preparing an information campaign about vaccinations. However, the country’s top hospital hygienist thinks offering incentives is a better way to make people get a jab.

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Vote November 29: Spotlight on ethical business practices

2020-11-15

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2020-11-15

A proposal to make Swiss-based multinationals accountable for their business practices abroad is tabled for a nationwide vote on November 29. An initiative aimed at restricting investments in the arms industry is the second issue on the ballot sheet. 

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Swiss advance plans to take goods transport underground

2020-11-15

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2020-11-15

Building a 500-km tunnel network to transport goods under Central Switzerland is the ambitious aim of the “Cargo Sous Terrain” project. The vision has moved closer to reality since the Swiss government brought forward enabling legislation last month.

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