Category Archive: 3.) Investec

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The Road to the Investec Derby: Investec Spring meeting.

2017-04-24

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All the key racing facts and figures you’ll need to know for the Investec Derby trials.

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Euro gains against Swiss franc on French election result

2017-04-24

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2017-04-24

The official French presidential election results place Emmanuel Macron (23.8%) and Marine Le Pen (21.5%) in first and second places in the first round of the French presidential race. The run off between these two will take place on 7 May 2017, when most forecasters expect Macron to win and become France’s next president.

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Big bonuses contrast big losses at Credit Suisse, despite bonus haircuts

2017-04-23

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2017-04-23

© Denis Linine | Dreamstime.com
The management of Credit Suisse Credit Suisse reduced their bonuses by 40% after severe criticism from shareholders. The reduction amounts to around CHF 20 million. Some are still outraged. The group made a loss of CHF 2.7 billion in 2016 and one of CHF 2.9 billion in 2015.

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Swiss employers continue to discriminate against over 50s

2017-04-22

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2017-04-22

Travail Suisse, an association representing Swiss employees, highlights once more the age discrimination faced by those over 50 in the Swiss job market. In March 2017, 26.8% of unemployed in the this age group had been without work for more than a year, compared to 2.3% of those between 15 and 24 and 14.1% of those aged 25 to 49.

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Close to a fifth of Swiss workers think corruption widespread, says survey

2017-04-21

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2017-04-21

Mudretsov Oleksandr
A survey conducted by the advisory firm EY shows a rise in perceived corruption in the workplace in Switzerland. 18% of workers surveyed by the firm in Switzerland now think bribery and corruption are widespread in the country. While high this figure is well below the 33% average for Western Europe and the 51% average across all of the 41 countries in Europe, Africa, the Middle East and India that the survey covered.

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Swiss federal tribunal refuses to help French tax authorities

2017-04-15

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2017-04-15

The French tax authorities will not get Swiss help to investigate tax payers identified in data taken by Hervé Falciani from HSBC private bank in Geneva. HSBC, owner of the private bank in Geneva, which became part of HSBC in 1999 when it was acquired from Republic National Bank, a group run by Lebanese-born financier Edmond Safra, described the data taken from the bank in 2008, as stolen, reported the BBC.

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Swiss chef wins world’s best restaurant award

2017-04-12

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2017-04-12

A Swiss chef from Aargau came first in this year’s ranking of the world’s 50 best restaurants. Daniel Humm, co-owner of the restaurant Eleven Madison Park, comes from Strengelbach in Switzerland, and earned his first Michelin star at 24. In 2003, he moved to the United States to become a chef at Campton Place in San Francisco. Three years later, he moved to New York to Eleven Madison Park.

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Paris says no to sand from Swiss company that bid for Trump wall

2017-04-07

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2017-04-07

The French-Swiss group, described as “disreputable” by the Ville de Paris, will not be supplying sand to the city of Paris this summer. Paris Plages (Beaches), a project that creates temporary beaches of sand along the banks of the river Seine every summer, said it would take no more sand from LafargeHolcim because of its willingness get involved in Donald Trumps’s disastrous Mexican wall project.

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Investec would like to thank the city of Cork for one year in business

2017-03-30

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Description – Go to our website for more information www.investec.ie

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The real reason Swiss drugs are so expensive

2017-03-24

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2017-03-24

Expensive-Swiss-drugs
In Switzerland, a 16-pack of 500mg Dafalgan Odis (Paracetamol) costs CHF 8.60. A comparable French product, Doliprane, costs 1.12 euros for a box of 12 tablets the same size. 12 tablets of 500 mg of Algifor (Ibuprofen) costs CHF 9.90 compared to 2.50 euros for a similar box of Advil in France.

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Swiss Post to start delivering with drones this summer

2017-03-18

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2017-03-18

Swiss Drone
Swiss post has said it will deliver the first packages by air this summer. The first deliveries will be made between two medical laboratories on the southern side of the Alps. Test flights were conducted in the canton of Bern last year. Now Swiss Post is ready to make commercial deliveries starting in Lugano.

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The Swiss Franc Hits its Lowest Since December

2017-03-17

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2017-03-17

Swiss-franc
According to some experts, the weaker franc can be partly explained by the market activities of the Swiss National Bank (SNB). The cantonal bank of Thurgau said that the SNB appeared to be targeting a weaker franc ahead of the Dutch elections on Wednesday. Adding that they think an exchange rate of around 1.085 against the euro is possible.

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Vaud Discusses Extending Winter School Holiday to 2 Weeks

2017-03-15

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2017-03-15

Villars Daniel-Barton
In Switzerland, this ski season has been disappointing, particularly if you have school aged children. During the Vaud school holiday this season, the fourth week of February, there was limited snow. Even at high resorts like Verbier, snow conditions were fairly average across the week. The week before there was good snow. But then everyone was still at school. A two-week school holiday in February would increase the chances of striking good snow.

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What are the benefits to investing in the Investec USD Digital Plus? Protection

2017-03-13

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Find out more on our website https://www.investec.co.za/products-and-services/investing/structured-products/equity-index-structured-products/usd-digital-plus.html

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What are the benefits to investing in the Investec USD Digital Plus? Growth

2017-03-13

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Find out more on our website https://www.investec.co.za/products-and-services/investing/structured-products/equity-index-structured-products/usd-digital-plus.html

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Low strength cannabis sales explode across Switzerland

2017-03-10

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2017-03-10

According to an article in Tribune de Genève, some cigarette vendors are desperately searching for supplies of the drug to meet demand. Recently kiosques in Geneva started selling low strength cannabis like they sell cigarettes. Some kiosque owners are over the moon, while others desperately search for a supplier.

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Swiss score highest number of patents per capita. Again.

2017-03-09

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2017-03-09

According to the European Patents Office (EPO), once again Switzerland topped the per capita patents ranking in 2016, with 892 applications per million inhabitants. Second and third places went to the Netherlands (405) and Sweden (360), followed by Denmark (334) and Finland (331). The first non-European country was Japan in ninth place (166), well above the EU average of 122.

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IDX Futures with Simon Brown and Richard Swain

2017-03-09

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Simon Brown talks to Richard Swain from Investec about IDX Futures – a simple mechanism to access and trade international shares. Find out more about IDX Futures on our website: http://www.Investec.co.za/IDX

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Switzerland ranked best country despite relatively low GDP per capita

2017-03-08

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2017-03-08

Swiss-train
In a new ranking by US News, Switzerland is described as a nation with cultural contributions disproportionate to its small size. Swiss citizens have won more Nobel Prizes and registered more patents per capita than any other nation.

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Switzerland ranked world’s worst currency manipulator

2017-03-07

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2017-03-07

Currency Manipulation
The Economist magazine placed Switzerland first in a recent ranking of currency manipulators. According to the analysis, China, commonly thought of as the world’s champion at keeping its currency’s value artificially low, appears to be doing the opposite: actively trying to push the value of its currency up. On the other hand, Switzerland that has been working hardest to artificially devalue its money.

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