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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New Geneva platform to ‘anticipate societal changes’ 

2020-07-09

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2020-07-09

A new international platform is to be launched in Geneva to anticipate the effects of societal changes amidst the Covid-19 crisis, Swiss President Simonetta Sommaruga said on Wednesday. 

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Travel destinations seek tourists, but not the crowds

2020-07-08

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2020-07-08

Some popular travel destinations have enjoyed the break – however temporary – from tourist crowds following Covid-19 restrictions. Others hope the hordes will return soon. Switzerland had not yet opened its border with Italy when its southern neighbour unexpectedly announced that Swiss citizens could enter the country starting on June 3.

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Motorway station supplier goes into liquidation

2020-07-07

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2020-07-07

A company that supplies Swiss motorway service stations and convenience stores has gone into liquidation after failing to find new investors. Some 144 jobs at Lekkerland Switzerland are now at risk of disappearing by the end of the year.

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New UBS report reveals that joint financial participation is the key to gender equality

2020-07-07

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2020-07-07

Significant majority of men and women believe women need to be equally involved in long-term financial decisions to achieve true gender equality, yet half of women let their spouses take the lead .

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Swiss sustainable finance: world leader or wishful thinking?

2020-07-06

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2020-07-06

The Swiss financial centre wants to take a lead in ethical investing. NGOs, however, fear the banks are more interested in cashing in than saving the planet. One thing everyone agrees on is the need for a universal definition of sustainable finance and measures to oversee the sector.

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New cars on Swiss roads failed to meet emissions targets

2020-07-05

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2020-07-05

Fuel consumption and emissions limits for new cars in Switzerland missed their target in 2019 for the fourth year in a row. This resulted in sanctions totalling CHF78 million for car importers.

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Swiss retail sales up 30 percent in May after COVID-19 measures eased

2020-07-05

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2020-07-05

Recently published figures show a overall jump of 30.2% in retail sales in May 2020 compared to April 2020. May’s rise of 30.2% follows falls of 6.5% in March and 13.7% in April.

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Swiss salaries rise faster than inflation for the first time in 2 years

2020-07-04

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2020-07-04

In 2019, Swiss salaries were on average of 0.9% higher than the year before. A nominal rise of +0.9% combined with low inflation of 0.4% delivered a real boost of 0.5% to someone earning an average salary in Switzerland.

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Novartis pays big fine for bribing doctors in the US

2020-07-04

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2020-07-04

Swiss pharma company Novartis will pay $729 million (CHF688 million) to US authorities in an out-of-court settlement over various charges, including that the company bribed doctors to use its drugs.

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Fewer cows, more cars: Switzerland misses its emission targets

2020-07-03

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2020-07-03

Switzerland’s emissions have declined over the last 30 years, but not enough to meet the national targets set for 2020. What’s behind the gap? By 2020, greenhouse gas emissions in Switzerland should be down by 20% from what they were in 1990. That’s the target outlined in the federal CO2 law.

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Swiss government forecasts 2021 deficit but no tax hikes

2020-07-03

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2020-07-03

The coronavirus is set to knock a CHF 1 billion hole in Switzerland’s federal budget for 2021, according to a press release. Without the virus the budget was CHF 2.2 billion in the black. Post virus the budget is now CHF 1 billion in the red. The virus is expected to add CHF 2.0 billion to next years spending. The extra money is earmarked for SARS-CoV-2 tests, business loan guarantees and support to the sports sector.

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Rugby Rebooted

2020-07-02

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Join former Springbok Victor Matfield and sportscaster Cindy Poluta in an exclusive conversation with the captains of the five New Zealand teams battling it out in the world’s first post-Covid-19 rugby tournament, the inaugural “Investec Super Rugby Aotearoa”, under way right now in New Zealand. Only here on Investec Rugby. #BestOfTheBestRugby #InvestecRugby #InvestecSuperRugby #Aotearoa #CindyPoluta #VictorMatfield #bluesrugbyteam...

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Coronavirus: Swiss government makes masks compulsory on public transport

2020-07-02

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2020-07-02

On 1 July 2020, Switzerland’s federal government announced that it would become compulsory to wear masks on public transport from 6 July 2020. Due to the the growing number of people using public transport and a rise in the number of people testing positive for SARS-CoV-2 since mid-June, the Federal Council has decided to make it compulsory for those taking public transport to wear a mask.

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Swiss government extends coronavirus economic support

2020-07-02

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2020-07-02

The Federal Council is extending short-term unemployment benefits by another six months and plans to help cushion financial losses faced by public transport. On Wednesday, the government announced that it is extending the maximum period for receiving partial unemployment support from 12 to 18 months to counteract a rise in unemployment.

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SWISS slowly expands web of destinations from Zurich and Geneva

2020-07-01

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2020-07-01

Swiss International Air Lines (SWISS) has published its flight schedules up to October 24, the end of the summer timetable. As well as resuming service to more network destinations, it plans to intensify its frequencies on routes already restored in both its short-haul and long-haul networks.

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Tally Weijl to close quarter of stores

2020-06-30

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2020-06-30

Swiss fashion chain Tally Weijl will close 200 of its 800 stores internationally and withdraw completely from Bulgaria. In Switzerland, it will close between five and ten of its 81 stores. However, the company says it has secured financing.

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Investec Derby Day 2020

2020-06-29

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In challenging times, discover how the Investec Derby was made possible in 2020.

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Investec Derby 2020 (Trailer)

2020-06-29

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Discover how an extraordinary Investec Derby was possible in 2020.

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Rugby Rebooted

2020-06-29

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Https://invest.ec/2x56lE4

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Could Swiss ski resorts face Covid-19 lawsuits?

2020-06-29

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2020-06-29

As the events and decisions surrounding the spread of the SARS-CoV-2 virus become clearer, fingers are being pointed. A mass lawsuit targeting events in the Austrian resort of Ischgl is looming, according to Bloomberg. Could similar legal action spread to Swiss resorts?

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