Category Archive: 3) Swiss Markets and News
Vitol overtakes Glencore as biggest company in Switzerland
Commodity trader Vitol has taken the top spot in the ranking of the largest companies in Switzerland by total turnover, relegating Zug-based Glencore to second place. According to the rankingexternal link published in the Handelszeitung on Thursday, in 2018 Vitol boasted growth of 26.8% for a total turnover of CHF226 billion ($231 billion) compared to Glencore’s CHF215 billion.
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Swiss government proposes overhaul of money-laundering laws
The Swiss government wants to revamp the laws against money laundering so that lawyers, notaries and other advisors are required to comply with due diligence obligations. The Federal Council (executive body) proposed on Wednesday a set of legal amendments to meet international standards in the fight against money laundering and terrorism financing.
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Switzerland’s upper house wants incentives for people who work beyond 65
The gap between Switzerland’s official retirement age – 65 for men and 64 for women – and average life expectancy is long. Life expectancy at 65 is 20 years for men (85) and 23 for women (88). More and more people are questioning the viability of living for two decades or more without working, particularly when the population is aging and the pension system is crumbling.
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Big pay gaps remain in Switzerland
Large wage gaps continue by gender and within Switzerland’s largest 26 firms, according to two new surveys. According to the Federal Office for Statistics, the median gross salary of male full-time employees in Switzerland stood at CHF85,200 ($87,276) last year, while for full-time female employees it was CHF71,500 – a 19% pay gap.
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Börsen-Talk vom 28. Juni 2019
Steigendes Gold und weiteres Wachstum an den Aktienmärkten - Alex Hinder glaubt an beides. Der Vermögensverwalter zieht eine Halbjahresbilanz und erklärt, wie sich Anleger jetzt positionieren müssen.
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Börsen-Talk vom 28. Juni 2019
Steigendes Gold und weiteres Wachstum an den Aktienmärkten – Alex Hinder glaubt an beides. Der Vermögensverwalter zieht eine Halbjahresbilanz und erklärt, wie sich Anleger jetzt positionieren müssen.
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Swiss pensioners most likely age group to be overweight
Swiss seniors are much more likely to be overweight that other age categories, new statistics from the Federal Office for Public Health (FOPH) show. Some 53% of over-65-year-olds have a body mass index judged to be too high (over 25 on the BMI scale), according to the statistics released on Tuesday by the FOPH.
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Starmus honours men who reached for the moon
With a mix of music and award honours, the Starmus Festival being held in Zurich this week has paid homage to the men who made the first moon landing possible 50 years ago. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide …
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Should we draw lots for fairer elections?
To what extent are elections truly democratic? At the dawn of democracy in Athens, elected representatives used to be picked by lot. This idea is back in vogue: two Lausanne researchers have examined the notion of chance in politics. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to …
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How do Autocalls work?
An Autocall is a five-year structured product that automatically calls if the underlying index is positive at an anniversary date, paying the investor back their initial investment plus an enhanced return. Find out more: http://invest.ec/2AQwnIZ Brian Macmillan, Head of Sales, Investec Retail Structured Products, explains how an Autocall can pay a defined return if the …
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Complaint filed against Federer and other Instagram influencers
A Swiss consumer protection organisation has filed a complaint against Swiss tennis star Roger Federer and several other celebrity “influencers”, accusing them of “stealth advertising” on Instagram and other social media sites.
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Federal fat cats see bonuses fall
The salaries of top managers at Swiss government-affiliated companies shrank last year due to smaller bonuses, according to a federal report published on Friday. Top state earner, Andreas Meyer, head of Swiss Federal Railways, saw his earnings fall below CHF1 million for the first time: down to CHF987,442 ($1 million) from CHF1,007,000 in 2017, the report found.
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Herbert Sterchi, Crypto Valley Association
Krypto-Unternehmen sind für die Schweiz Chance und Risiko. Trotz der Kontroverse um die in Genf registrierte Facebook-Währung Libra glaubt Herbert Sterchi vom Finanzdepartement des «Krypto-Kantons» Zug an die Chancen.
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Herbert Sterchi, Crypto Valley Association
Krypto-Unternehmen sind für die Schweiz Chance und Risiko. Trotz der Kontroverse um die in Genf registrierte Facebook-Währung Libra glaubt Herbert Sterchi vom Finanzdepartement des «Krypto-Kantons» Zug an die Chancen.
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Swiss poised to retaliate against EU stock market access
The Swiss finance ministry has reaffirmed that it is ready to ban stock exchanges in the European Union from trading Swiss shares – in a worsening row with Brussels over the future of bilateral relations. “In the event of stock market equivalence not being extended, the finance ministry will activate this protective measure. [….] Consequently, trading venues in the EU would lose recognition,” the ministry said on Monday.
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Börsen-Talk vom 21. Juni 2019
Der Run auf defensive Aktien hat den SMI über die Rekordmarke von 10'000 Punkten getrieben. Anlageexperte Thomas Steinemann rät Investoren aber, sich auf einen Aufschwung kleinerer und zyklischer Titel vorzubereiten.
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Starmus, the festival where stars and music align
Garik Israelian is an astrophysicist and a musician. Brian May is a musician and an astrophysicist. Together, the two friends created the Starmusexternal link Festival, five days during which spirit, soul, and senses come together in Zurich from June 24-29. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is …
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Ice cream by boat on a picturesque Swiss lake
André van Sprundel is a successful businessman with an unusual hobby. He is the only person in the country who sells ice cream to bathers by boat. — 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. …
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Börsen-Talk vom 21. Juni 2019
Der Run auf defensive Aktien hat den SMI über die Rekordmarke von 10’000 Punkten getrieben. Anlageexperte Thomas Steinemann rät Investoren aber, sich auf einen Aufschwung kleinerer und zyklischer Titel vorzubereiten.
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Smartphone shopping boosts online trade
Online shopping accounts for an ever bigger slice of the Swiss retail market as shopping via smartphone also becomes more popular with consumers, says a new report. Last year, Swiss consumers placed online orders worth a total of almost CHF 10 billion ($10 billion), according to the "E-Commerce Report 2019" published on Thursday. This represents an increase of 10 percent compared with the previous year.
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