Category Archive: 3) Swiss Markets and News
Switzerland is being flooded with prohibited weapons
People in Switzerland are buying weapons online, sometimes without even knowing that they’re illegal here. From 2015 to 2017, around 4,000 illegal weapons a year were confiscated by customs. In 2018, this amount almost doubled. The majority of the weapons confiscated has been sent here by post. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of …
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Fly me to the moon, via Zurich
On 20 July 1969 – almost 50 years ago – the first astronauts landed on the moon. To mark this event, Zurich’s Kunsthaus is staging an exhibition entitled “Fly me to the moon” with around 200 selected depictions of the moon dating from the 20th century. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the … Continue...
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Explained: The technology behind bitcoin and blockchain
To some, it’s a load of hot air. Others see a revolutionary technology that will transform the way we exchange nearly everything of value. So what is this so-called distributed ledger technology (DLT), how does it work and who will benefit from it? In this animation, we separate fact from fiction and help you look …
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Geneva bans sale of single-use plastic on public land
Starting in 2020, the city of Geneva will prohibit the sale of disposable plastics at events as well as at sales points on public property – a year ahead of a similar EU ban. The new law will apply to kiosks, terraces, vending vans and ice cream parlours, as well as to all city-approved events held on public property. Banned products include plastic straws, cutlery, cups and other disposable containers, which are generally difficult to recycle in...
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Swisscom switches on its 5G mobile network
This week, Swisscom became the first Swiss mobile phone company to switch on its 5G network, according to a press release. Swisscom spokesperson, Esther Hüsler, said that at midnight on Wednesday Swisscom flipped the switch to become the first Swiss operator to put its 5G network into service. It’s 5G network went live across 102 locations across the country, including most of Switzerland’s cities.
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Good Friday, bad Gotthard traffic
Long queues have been reported at the Gotthard tunnel in central Switzerland as holidaymakers head south for the Easter break. The traffic jam at the northern end of the tunnel stands at 12 kilometres, with a wait of almost two hours, the Touring Club of Switzerlandexternal link (TCS) said on Friday morning.
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Rail bosses worried over train punctuality
The national railway operator, Swiss Federal Railways, has set up a taskforce to look into train punctuality - currently 90.1% - after the rate slipped slightly last year. News of the taskforce was broken by CH-Media groupexternal link and confirmed by the Federal Railwaysexternal link to the Swiss public broadcaster SRFexternal link. The group, made up of experienced management members, is to report back in six weeks’ time.
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Syngenta slammed for hazardous pesticide profits
A United Nations representative is demanding action following reports that Swiss crop science company Syngenta is selling highly hazardous pesticides abroad. “There is an urgent need to end this exploitation of lower standards of protection. This is a morally and ethically unjustifiable situation,” Baskut Tuncak, United Nations Special Rapporteur on human rights and toxics, told Swiss NGO Public Eye on Wednesday.
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Börsen-Talk vom 18. April 2019
Zu viel Lärm, zu viel Gerede, zu viel Hektik: Für cash-Guru Alfred Herbert sind die Aktienmärkte klar verunsichert. Im Börsen-Talk sagt er, wie sich Anleger für die nächsten Monate positionieren sollen.
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Börsen-Talk vom 18. April 2019
Zu viel Lärm, zu viel Gerede, zu viel Hektik: Für cash-Guru Alfred Herbert sind die Aktienmärkte klar verunsichert. Im Börsen-Talk sagt er, wie sich Anleger für die nächsten Monate positionieren sollen.
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Credit Suisse to take controlling stake in its Chinese joint venture
Swiss bank Credit Suisse has agreed with Founder Securities to increase its shareholding to a majority stake in its Beijing-based Credit Suisse Founder Securities (CSFS) joint venture. As a result of the agreement, Credit Suisse’s shareholding is expected to increase from 33.3% to 51% by way of capital injection. The shareholding of Founder Securities in CSFS will reduce to 49%.
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Swiss pension funds ended 2018 in the red
Pay-outs by Switzerland’s main state pension plan, which comprises old age insurance and other schemes, far exceeded income last year. Overall, the old age pension scheme recorded a deficit of CHF2.2 billion ($2.2 billion) in 2018 compared with a surplus of CHF1.1 billion the previous year, according to compenswiss, the Federal Social Security Funds.
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Where does my digital footprint lead?
How many of us are aware of the digital trail that we leave online? https://invest.ec/2FUysbn #partnerwithInvestec
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Is the secret to being hacked no secret at all?
Our bad online habits could be the reason why hacking has become so prevalent. https://invest.ec/2Io38Ez #partnerwithInvestec
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What is blockchain and why should I care?
Could blockchain evolve into the technology underlying more than just cryptocurrencies? https://invest.ec/2CU5Mxt #partnerwithInvestec
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In the gig economy, how can I be a rock star?
The way we work is changing, and office hours might be on their way to becoming redundant. https://invest.ec/2CRJRqP #partnerwithInvestec
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How will climate change the financial landscape?
It takes a certain type of person to see promise where others see peril. https://invest.ec/2WPngTp #partnerwithInvestec
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Is volatility a bad thing?
The ups and downs of the market could work in favour of the long-term investor. https://invest.ec/2Ibralo #partnerwithInvestec
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When the markets look shaky, should I retreat to cash?
Cash might seem like a safer option than volatile markets, but things are not always as they seem. https://invest.ec/2K1V7GR #partnerwithInvestec
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