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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Mike Allison, CEO VAT Group

2019-08-08

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VAT hat im ersten Halbjahr deutlich weniger Umsatz und Gewinn erzielt. CEO Mike Allison erwartet eine Steigerung in der zweiten Jahreshälfte und beabsichtigt die Dividende auf Vorjahresniveau zu halten.

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Swiss in Minnesota call for compromise and e-voting

2019-08-08

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Finding middle ground in an increasingly polarized political landscape is key, say Swiss voters living in the American Midwest. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch …

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Chinese-owned Swissmetal sold to Swiss investors

2019-08-08

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2019-08-08

The cash-strapped Baoshida Swissmetal company has been taken over by a group of Swiss investors six years after it was sold to a Chinese group. The newly-founded Swissmetal Industries, backed by two private investors, said it had acquired the firm, which employs about 160 people at two factories in the small towns of Dornach and Reconvilier.

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Smile for future

2019-08-07

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Since Greta Thunberg started striking for climate last August, thousands of teenagers have followed her example cutting classes on Fridays to call for system change. Some found their own way to protest while still attending school. Lately criticism has increased towards young climate activists, who are suspected of pushing political agendas. Nouvo brings you short …

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US tourists flocking to Switzerland amid economic boom  

2019-08-06

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2019-08-06

American visitors to Switzerland have increased by over 40% in five years and represent a major growth motor for the tourism industry, annual statistics show. Chinese and Indian tourists are often seen as the future of Swiss tourism, the SonntagsZeitung and Le Matin Dimanche newspapers reported at the weekend. However, they say, “North America is the real growth engine when it comes to overseas visitors”.

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Swiss in Boston discuss value of being heard in Bern

2019-08-05

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For the mobile Swiss community, should official voting materials be issued in English, too? — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube …

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Swiss voices from Germany and Brazil

2019-08-05

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Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international …

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Switzerland has highest underemployment in Europe

2019-08-04

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2019-08-04

In 2018, 830,000 people in Switzerland were unable to find the work they wanted, according the Federal Statistical Office. While 243,000 were looking but not immediately available and 231,000 were unemployed, most (356,000) were underemployed – working but unable to find as many hours of work as they’d like.

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Swiss apprenticeships – too many places, not enough takers

2019-08-03

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2019-08-03

Figures on unfilled apprenticeship places show the difficulty of matching supply and demand in the labour market. This year there were 12,000 unfilled apprenticeship positions in Switzerland. Switzerland’s apprenticeship model, which helps match workers’ skills with employer demand, is one driver of Switzerland’s low unemployment (4.9%) – 2018 ILO basis.

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Swiss prices under scrutiny

2019-08-02

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Stefan Meierhans has a job that doesn't exist elsewhere. For more than 10 years he has been keeping an eye on Swiss prices, to make sure they're fair and honest. One of his big fights is making public transport more attractive than individual transport by car. All in all, young people are one of his main focus groups, because they're more vulnerable when it comes to debts. Nouvo brings you short videos about Switzerland, Swiss current affairs and...

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Swiss president expresses gratitude to Swiss Abroad

2019-08-02

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In a Swiss National Day address to Swiss citizens who live in another country, Ueli Maurer, who holds the rotating Swiss presidency this year, stresses shared Swiss values. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international …

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What makes you feel Swiss?

2019-08-02

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To celebrate Swiss National Day we decided to ask people in Switzerland and Swiss abroad about what makes them feel Swiss. Is it the love of chocolate? Or the fact of always being on time? Hear what people had to say in all four national languages. Nouvo brings you short videos about Switzerland, Swiss current … Continue reading »

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Glencore suffers $350m hit as cobalt prices decline

2019-08-02

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2019-08-02

Glencore has taken a $350 million hit because of falling cobalt prices as the problems facing its African copper business continue to pile up. The Switzerland-based miner and commodity trader has been grappling with a string of issues in the Democratic Republic of Congo, where it operates two copper mines, and in Zambia, where it owns another asset.

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Nestlé invests CHF99 million in factory expansion in Indonesia

2019-08-01

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2019-08-01

The Swiss food giant has announced plans to invest CHF99 million (around $100 million) to expand three factories in Indonesia. The goal is to increase Nestlé’s production capacity in the country by 25%, according to a company announcement on Wednesday.

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Switzerland’s first integrated crypto asset exchange launched

2019-07-31

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2019-07-31

Smart Valor, the country’s first integrated cryptocurrency exchange offering custody, trading and brokerage, has gone live with nine crypto-fiat trading pairs. The assets on Zug-based platform, that was launched in 2017 as part of the Thomson Reuters Incubator, includes crypto currencies and security tokens.

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Switzerland assists Japanese probe into Carlos Ghosn 

2019-07-30

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2019-07-30

Canton Zurich’s public prosecutor is assisting the Japanese authorities in an inquiry related to bank accounts associated with Carlos Ghosn, the former leading auto executive. Tokyo prosecutors sent a request for legal assistance to Switzerland in January, a spokesperson for the country's Federal Office of Justice (FOJ) told swissinfo.ch.

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Lucerne Considers Coach Tax, other Measures to Manage Tourist Influx

2019-07-29

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2019-07-29

One of the most popular destinations in Switzerland is reviewing its tourism strategy and mulling introducing coach fees in a bid to curb traffic woes and other disruptions caused by the large number of tourists it welcomes.

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Federal Court to give verdict on UBS tax evasion case 

2019-07-28

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2019-07-28

Swiss Federal Court
The Swiss Federal Court is to decide on Friday whether Swiss bank UBS should handover data on its French clients to Paris tax authorities as part of a crackdown on suspected tax evasion. The decision has been described as key for Swiss banking circles.

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Expat Swiss Celebrated at Historic Winegrower’s Festival

2019-07-27

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2019-07-27

Colours of the Swiss flag
The expatriate Swiss community has been attending the once-in-a-lifetime Fête des Vignerons, currently taking place on the shores of Lake Geneva. A delegation of Swiss citizens living across the world, including leading members of the Organisation of the Swiss Abroadexternal link (OSA), gathered in Vevey to participate in the event on Thursday.

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Börsen-Talk vom 26. Juli 2019

2019-07-26

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Die Zinsen in Europa bleiben unverändert, weshalb gemäss Marc Brütsch die SNB zumindest vorerst durchatmen kann. Im cash-Börsen-Talk sagt der Swiss-Life-Chefökonom, wo er den Euro-Franken-Kurs bis Ende Jahr sieht.

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