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 inflation stable in October

2022-11-07

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2022-11-07

Switzerland’s consumer price index (CPI) remained stable in October 2022 compared with the previous month, reported Switzerland’s Federal Statistical Office (FSO) this week.

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Switzerland should do more on tax avoidance, says EU parliamentarian

2022-11-07

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2022-11-07

Switzerland has made progress in reforming tax rates for multinational companies but still has work to do when it comes to turning a blind eye to tax avoidance.

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Court increases fines against Swiss art collector

2022-11-03

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2022-11-03

A court in Zurich has rejected an appeal by the renowned Swiss art collector and financier Urs Schwarzenbach in two cases of tax evasion in connection with the import of works of art.

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Credit Suisse to cut 540 jobs in Switzerland by 2023

2022-11-01

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2022-11-01

The embattled Swiss bank Credit Suisse plans to shed 540 jobs in Switzerland by the end of the year, Chief Executive Officer Ulrich Körner told the NZZ am Sonntag newspaper. In the interview he gave more details on last week’s restructuring announcement.

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No price rises for Swiss public transport in 2023

2022-11-01

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2022-11-01

For the seventh consecutive year, the price of tickets on Swiss public transport will remain unchanged. It will also become easier to buy tickets for bicycles and canine companions, reported RTS.

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Wie wird in der Schweiz am liebsten online bezahlt?

2022-10-31

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2022-10-31

Das Internet bietet heute viele Alternative, die unseren Alltag erleichtern. Im Netz können unter anderem Produkte geshoppt, Dienstleistungen gebucht und kostenpflichtige Games gespielt werden.

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The energy crisis is about to make your Swiss ski holiday more expensive

2022-10-31

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2022-10-31

Swiss hotels and holiday apartments are raising their prices by around 5% this winter, largely due to higher energy prices. Ski passes are also likely to go up by a similar amount, a newspaper reports.

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Credit Suisse turns to petrodollars to fund turnaround

2022-10-30

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2022-10-30

Swiss bank Credit Suisse has returned to the Middle East to shore up its finances amid mounting losses and a deteriorating balance sheet.

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Swiss pandemic costs lower than feared

2022-10-29

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2022-10-29

The coronavirus pandemic will have a lighter impact on Swiss state finances than previously feared but will still put the country’s budget in the red, the finance ministry forecasts.

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Credit Suisse cuts thousands of jobs to restore fortunes

2022-10-28

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2022-10-28

Swiss bank Credit Suisse is shedding thousands of jobs, selling off parts of its business and raising billions in extra capital in a bid to reverse a downward spiral in fortunes.

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Swiss federal buildings to get solar panel makeover

2022-10-28

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2022-10-28

The Swiss government has pledged to install solar panels on as many federal buildings as possible to help boost the production of energy from renewable sources.

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Swiss municipality to vote on banning adverts in streets

2022-10-27

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2022-10-27

The inhabitants of Vernier, a municipality in Geneva, are set to have their say on banning advertising billboards.

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E-cigarette tax mooted in Switzerland

2022-10-27

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2022-10-27

The Swiss government has proposed amending the Tobacco Act to introduce a new tax for electronic cigarettes.

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Credit Suisse to settle tax probe in France

2022-10-26

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2022-10-26

Credit Suisse Group and the French financial prosecution office have agreed to settle a tax fraud and money laundering case in France with a €238 million (CH234 million) payment to the state, a French court heard on Monday.

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Coup d’Etat planétaire, le livre qui annonçait le great reset en 2019 en lecture libre.

2022-10-25

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2022-10-25

Chers amis lecteurs, Après le succès de la diffusion de Dépossession en libre accès, voici la suite indispensable Coup d’Etat planétaire. Ce livre est la suite de Dépossession et je le mets lui aussi en libre accès.

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Public transport will not cost more in 2023

2022-10-25

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2022-10-25

Ticket prices for Swiss public transport will remain stable for 2023 for the seventh consecutive year. Only “a few tourist businesses” are planning to adjust their fares for next year, says the SwissPass Alliance.

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Energy crisis ‘will last many years’, says economics minister

2022-10-24

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2022-10-24

Swiss Economics Minister Guy Parmelin assumes the energy crisis will last several years. It is important, he says, not only to think about the winter, but to do everything to ensure that Switzerland produces more energy – that means more renewable energies and greater efficiency.

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Man convicted for fraudulently claiming massive Covid loan

2022-10-24

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2022-10-24

A 48-year-old businessman in Geneva has been given a two-year suspended prison sentence for making a fraudulent claim for a Covid loan that was 100 times the correct amount. He was found guilty of fraud and forgery of documents.

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Swiss companies ‘trapped’ in Russia

2022-10-24

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2022-10-24

Leading Swiss brands have withdrawn from Russia because of the war in Ukraine. However, research by a Swiss newspaper shows that while a company can leave a country, its products often remain on shelves.

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Swiss companies and towns join forces to save energy

2022-10-23

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2022-10-23

Switzerland has launched an Energy Saving Alliance of companies, government, cantons, civil society and municipalities in an effort to preserve gas and electricity supplies over the winter.

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