Category Archive: 3) Swiss Markets and News

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Would an Uber ban in Geneva push other cities to treat drivers as employees?

It’s not the first time Uber has faced some bumps on the road in canton Geneva. But the latest move requiring the ride-hailing company to treat drivers as employees could spell big changes for the company. Will Uber call it quits or set a precedent for other cities?

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‘Farinet’ local currency to be withdrawn from circulation

The Farinet – a local currency introduced in canton Valais in 2017 – is to be withdrawn from circulation at the end of 2019 after failing to stimulate the regional economy as hoped. Farinet banknotes were introduced in Valais in western Switzerland in spring 2017. But on Tuesday the association behind the currency announced it planned to withdraw it at the end of this year.

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Parties’ position on gender equality

On October 20, a new parliament was elected and never before have so many women been chosen as parliamentarians. While their election can be viewed as a good thing in terms of gender balance, it’s not automatically good news for gender equality issues, as each party has its own manifesto and position on matters such … Continue...

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Switzerland’s growth hampered by trade tensions, economic slowdown

Trade tensions coupled with a slowdown in Europe are likely to take a toll on the Swiss economy over the next two years, the OECD forecasts. The Organisation for Economic Co-operation and Development (OECD) has revised its growth forecasts downwards for Switzerland. It also recommended Switzerland raise its retirement age.

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Why Nestlé won’t meet its zero-deforestation pledge

When it came under fire from environmental groups over its harvesting of palm oil, Swiss food giant Nestlé committed to eliminating deforestation from its supply chain by next year. But it will take another three years to come close to accomplishing that goal.

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Swiss government cuts drug prices by 100 million francs

Switzerland’s Federal Office of Public Health (FOPH) recently announced it had reduced the price Swiss healthcare providers and patients will pay for 257 drugs by 16.3%. These lower prices, which take affect on 1 December 2019, are expected to save CHF 100 million annually.

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Minimum Swiss internet speed to triple in 2020

The Federal Council, Switzerland’s executive, has confirmed a decision made by parliament to raise the minimum speed of broadband internet connections in Switzerland. From 1 January 2020, the minimum download speed specified in Switzerland’s universal service agreement with Swisscom will rise from 3 to 10 megabits per second (Mbits/s) and the minimum upload speed will rise from 0.3 to 1 Mbit/s.

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Switzerland calls time on phone booths

The last telephone box in French-speaking Switzerland, on the shores of Lake Geneva, was dismantled on Thursday. Swisscom will remove the one in the country – in Baden, northern Switzerland – on November 28. An era in the history of Swiss telecommunications is thus coming to an end, an era that witnessed millions of declarations of love, tears and banal conversations in the little cabins that once stood on almost every street corner.

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Swiss commission supports new laws to protect whistleblowers

A commission of the Council of States, Switzerland’s upper house, is in favour of new rules to protect whistleblowers. The proposed rules, which would help to protect those who expose secretive information or activity that is deemed illegal or unethical, were supported by 6 commission votes to 2 with 4 abstentions.

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Credit Suisse results impress despite damaging spy scandal

Credit Suisse CEO Tidjane Thiam has reiterated that he had nothing to do with the spying scandal that recently rocked the bank. Thiam insisted that the debacle has not damaged business as the bank presented better than expected third quarter results.

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Campaign targets online gambling addicts

An awareness campaign has been launched to help addicted online gamblers in Switzerland cope with their compulsive behaviour. An independent foundation said it published a special digital programme, Gambling without Addiction, with the authorities in most cantons of German-speaking Switzerland.

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General Electric limits job cuts in Switzerland

The American industrial conglomerate General Electric has announced a reduction in the number of planned layoffs at its subsidiaries in Switzerland. The company said a maximum of 200 people would lose their jobs at two of its sites west of Zurich. In June it had announced a figure of some 450.

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Adventsfenster schmücken | UBS Topsy

Adventsfenster schmücken. Ein YouTube-Trickfilm von UBS Schweiz: https://www.ubs.com/ch/de UBS Schweiz – Ihre Bank seit über 150 Jahren. Zu Weihnachten wollen Topsy und seine Freunde die Fenster des Baumhauses dekorieren. Zum Spass machen sie einen kleinen Wettbewerb draus und überraschen sich gegenseitig mit ihren Kreationen… Spiel und Spass mit dem Sparfuchs Topsy – der Kinderwelt von …

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Decorare le finestre per l’Avvento | UBS Topsy

Decorare le finestre per l’Avvento Ein YouTube-Trickfilm von UBS Schweiz: https://www.ubs.com/ch/de UBS Schweiz – Ihre Bank seit über 150 Jahren. Il Natale si avvicina e Topsy e i suoi amici vogliono decorare le finestre della capanna sull’albero. Per divertirsi ancora di più decidono di fare a gara per le decorazioni più sorprendenti… Divertimento e giochi …

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Décorons les fenêtres de l’Avent | UBS Topsy

Décorons les fenêtres de l’Avent Dessin animé YouTube d’UBS Suisse: https://www.ubs.com/ch/fr UBS Suisse – Votre banque depuis plus de 150 ans. Pour Noël, Topsy et ses amis veulent décorer les fenêtres de leur cabane. Pour s’amuser, ils organisent un petit concours et se surprennent les uns les autres avec leurs créations… Des jeux et de …

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Real wages set to rise in Switzerland for first time in three years

Employees in Switzerland are expected to receive above-inflation pay rises for the first time since 2016, according to a survey of companies. On average, workers are forecast to take home a 1.1% pay hike – a rise of 0.9% when taking inflation into account. These are the findings of research portal Lohntendenzen.ch, as reported by the NZZ am Sonntag newspaper.

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UBS Digital Banking. Don’t miss a thing.

Investment ideas you won’t want to miss. Personalized – via push notification or SMS. Find out more: https://www.ubs.com/ch/en/private/digital-banking/wealth-management.html

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UBS Digital Banking. Ne rien manquer.

Des idées de placement à ne pas manquer. Personnalisées – par push ou SMS. En savoir plus: https://www.ubs.com/ch/fr/private/digital-banking/wealth-management.html

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UBS Digital Banking. Nichts verpassen.

Anlageideen, die man nicht verpassen will. Personalisiert – per Push oder SMS. Mehr erfahren: https://www.ubs.com/ch/de/private/digital-banking/wealth-management.html

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UBS Digital Banking. Per non perdersi nulla.

Idee di investimento da cogliere al volo. Personalizzate – via push o SMS. Per saperne di più: https://www.ubs.com/ch/it/private/digital-banking/wealth-management.html

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