Category Archive: 3) Swiss Markets and News

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Pressure mounts on Swiss commodity traders in Brazil corruption probe

Pressure is growing on global commodity trading firms with strong ties to Switzerland for their alleged involvement in the “Car Wash” corruption scandal in Brazil. The US Federal Bureau of Investigation is investigating two Vitol executives in the Americas, according to Reuters news agency.

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Thomas Oetterli, CEO Schindler

Neben sehr guten Jahreszahlen hat der Liftkonzern Schindler einen etwas vorsichtig formulierten Ausblick vorgelegt. Konzernchef Thomas Oetterli sagt, welche Faktoren das Management zurückhaltender werden liessen.

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Switzerland’s federal surplus even larger than expected

In October 2018, government number crunchers revised Switzerland’s federal forecast budget surplus up from CHF 0.3 billion to CHF 2.5 billion. Today, Bern announced that provisional calculations for 2018 now show a surplus of CHF 2.9 billion, CHF 0.4 billion more than last year’s revised figure. The increase was driven by strict spending discipline and higher than expected receipts, according to the press release.

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Scandals hurt Swiss Business Reputation in 2018

Switzerland’s reputation as a place to do business took a serious hit last year following various scandals, from corporate bank fraud to illegal subsidies. The Swiss Economy Reputation Index 2018external link, published on Tuesday by Basel-based consultancy Commslab and the fög research institute at the University of Zurich, dropped for the fifth consecutive quarter, reaching its lowest level since July 2014.

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Switzerland investigating Venezuela-linked corruption

Switzerland’s attorney general has opened an investigation into a corruption case involving Venezuela, according to a weekend report published by Schweiz am Wochenende. The Latin American nation is in the grips of a major political, economic and social crisis. According to the prosecutor's statement to the weekly, proceedings were initiated at the end of 2017 against unknown persons “in the context of the events in Venezuela”.

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Maps at home with his art

Maps Maponyane shares his collection and what to consider when buying art. #ICTAF #InvestecArt

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tania

tania — 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 channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe: http://www.youtube.com/subscription_center?add_user=swissinfovideos

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Train delay data queries image of Swiss railways

Trains operated by the state-owned Swiss national railway operator are less punctual than company statistics make believe. A private website, launched in 2017 and compiled from data provided by the transport ministry, found that on average one in six intercity trains – or just under 84% - operated by the Federal Railways is late. That is, it arrives at its destination with a delay of at least three minutes.

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Telecoms firms awarded 5G mobile frequencies

The Swiss government has raised CHF380 million ($379 million) from auctioning fifth-generation (5G) mobile radio frequencies, it said on Friday. The three Swiss main providers, Swisscom, Sunrise Communications and privately owned Salt, each received part of the spectrum after newcomer Dense Air dropped out of the bidding.

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Swiss start-ups to benefit from multi-million fund

Start-ups and innovative small and medium-sized businesses are to be encouraged to stay in Switzerland thanks to a new fund of up to CHF500 million ($499 million). The initiative, from Swiss Entrepreneurs Foundation (SwissEF) and launched on Thursday, has the backing of some heavy hitters in the business world, including insurer Mobiliar and banks UBS and Credit Suisse.

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Sunrise confirms talks to buy Liberty Global’s Swiss unit

Switzerland’s Sunrise Communications Group has confirmed it is in talks to buy Liberty Global’s cable operator UPC Switzerland. The company said in a statement on Tuesday: “Sunrise confirms it is in discussions with Liberty Global regarding a possible acquisition of UPC Schweiz. Sunrise will only pursue a transaction that is strategically compelling and demonstrably value creative for its shareholders.”

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Magdalena Martullo, CEO EMS-Gruppe

Ems-CEO Magdalena Martullo ist für die Weltwirtschaft weiterhin skeptisch. Was sie vom wichtigen Automarkt erwartet und warum die Ems-Aktie ein Rendite-Titel bleibt, sagt sie im Interview mit cash.

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Magdalena Martullo, CEO EMS-Gruppe

Ems-CEO Magdalena Martullo ist für die Weltwirtschaft weiterhin skeptisch. Was sie vom wichtigen Automarkt erwartet und warum die Ems-Aktie ein Rendite-Titel bleibt, sagt sie im Interview mit cash.

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Social media with Maps Maponyane and Emma Sadleir

Emma Sadleir and Maps Mapoyane talk about protecting your personal brand on social media. This video shows the legal, disciplinary and reputational risks of social media. Maps Maponyane is an ambassador for Investec Private Banking. Emma Sadlier in South Africa’s leading expert on social media law and the founder of the Digital Law Company. Follow …

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Börsen-Talk vom 8. Februar 2019

Die Altersvorsorge steht unter Druck, und persönliches Sparen ist wichtiger denn je. Im cash-Talk zeigt Finanzplaner und cash-Pensionscoach Gabor Gaspar Wege auf, wie Sparer ihre Situation verbessern können.

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Börsen-Talk vom 8. Februar 2019

Die Altersvorsorge steht unter Druck, und persönliches Sparen ist wichtiger denn je. Im cash-Talk zeigt Finanzplaner und cash-Pensionscoach Gabor Gaspar Wege auf, wie Sparer ihre Situation verbessern können.

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Over 18 million unsolicited calls made every month in Switzerland

According to a consumer group, over 18 million unsolicited telephone calls are made every month in Switzerland. The SKS consumer group for German-speaking regions has addressed the problem of unsolicited phone calls in a letter sent to a Swiss parliamentary commission discussing the revision of the Swiss telecommunications law. A copy of the letter was recently published in Tamedia newspapers.

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Tourists return to Swiss mountain destinations

Overnight stays in Swiss Alpine resorts have increased for four consecutive seasons since winter 2016/17, with summer destinations doing better than winter destinations. Lucerne topped an international study of 145 resorts.

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Swiss bike couriers take out protection against Uber Eats

Swiss bicycle couriers have signed a 'Europe-first' collective bargaining agreement deal aimed at protecting them from cheaper rivals, such as the food delivery service Uber Eats. The courier employer’s association Swissmessengerlogistics (SML) negotiated the contract with the trade union Syndicom on Tuesday.

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Supporting local dancers at Prix de Lausanne

The world-renowned international ballet competition, Prix de Lausanneexternal link, is underway in western Switzerland – with 74 young dancers from 19 countries. — 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 …

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