Category Archive: 3) Swiss Markets and News

Main Author 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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No relief for Swiss renters

2018-06-06

by Le News

2018-06-06

Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. The last time it dropped was 1 June 2017 when it fell to its lowest level since 2008.

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Slowdown in Middle Eastern tourists to Switzerland

2018-06-05

by Swissinfo

2018-06-05

After almost tripling in the last decade, the number of tourists to Switzerland from the Middle East is slowing down, with the slowdown expected to be particularly marked this summer. The growth rate of tourists from the Gulf will be zero this summer, according to forecasts by Oxford Economics and the Swiss tourist board.

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Martin Hirzel, CEO Autoneum

2018-06-05

by Cash

Autoneum steht in Nordamerika weiter im Gegenwind, wie CEO Martin Hirzel sagt. Der Chef des Autozulieferers spricht im cash-Interview auch über Chancen in China und potentielle Kunden wie Tesla oder Dyson.

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‘Drag queens need high heels, lipstick and balls’

2018-06-05

by Swissinfo

“True Talk” puts people in front of the camera who are fighting prejudice or discrimination. They answer questions that nobody would normally dare to ask directly. — 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 …

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House Prices Down in Verbier but Up in Some other Swiss resorts

2018-06-04

by Le News

2018-06-04

A recent report published by UBS shows real estate price changes in european mountain resorts. Over the last year, Verbier (-3.2%) and Crans Montana (-3.0%) experienced the largest price declines, while Saas Fee (+14.3%) and St. Moritz (+7.4%) climbed the most.

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Pay in Zurich and Geneva highest in the world

2018-06-03

by Investec

2018-06-03

A survey of the cost of living in 77 cities, by UBS, ranks Zurich (1st) and Geneva (2nd) as the most expensive. But while these cities are the most expensive, their workers are also the highest paid. In Zurich, less than five days pay affords an iPhone X. In Geneva, the same device requires less than six days of labour.

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Over 1,000 jobs threatened by OVS liquidation

2018-06-02

by Swissinfo

2018-06-02

The Sempione Retail company, owner of the OVS fashion stores in Switzerland, has begun bankruptcy proceedings. Some 140 outlets will close their doors, with 1,150 workers affected. The Italian clothes brand announced in a statement on Wednesday evening that it had reached a financial dead-end.

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Swiss Bank to Drop Iranian Business

2018-06-01

by Swissinfo

2018-06-01

A Swiss lender is suspending new transactions with Iran following US President Donald Trump’s withdrawal from the nuclear deal with Tehran. Banque de Commerce et de Placements (BCP)external link announced on Tuesday that it was wrapping up its activity in Iran in response to the US pulling out of the Iranian nuclear accord earlier this month.

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Nestlé to cut up to 500 jobs in Switzerland

2018-05-31

by Swissinfo

2018-05-31

Swiss food giant Nestlé plans to cut as many as 500 computer-service jobs in Switzerland as part of a restructuring plan to increase profitability, the company announced on Tuesday. Nestlé will be outsourcing the IT jobs to Spain, according to a press releaseexternal link published on the company’s website.

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The Swiss politician who learnt to live with the effects of thalidomide

2018-05-31

by Swissinfo

Thalidomide, initially used as a sedative and then to alleviate morning sickness, turned out to have drastic consequences for thousands of pregnant women and their children in a worldwide scandal that also involved Switzerland. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland …

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Crowdfunding Platforms Boom in Switzerland

2018-05-30

by Swissinfo

2018-05-30

Swiss crowdfunding platforms dealt with CHF375 million ($377 million) in 2017, almost three times as much as the previous year. Some 160,000 people supported a crowdfunding project. Over the past eight years, more than half a billion francs have been collected via the “swarm-based form of financing”, said the Lucerne University of Applied Sciences and Arts on Monday.

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The ‘sovereign money’ initiative, explained

2018-05-30

by Swissinfo

On June 10, the Swiss will vote on the ‘sovereign money’ initiative. We break down what the initiative is about, and what campaigners hope to achieve and why. 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 …

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The secret history of fondue

2018-05-30

by Swissinfo

Did you know the most famous Swiss dish was the result of a marketing stunt? 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). …

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Switzerland second hardest working nation in Europe

2018-05-29

by Investec

2018-05-29

Recent statistics show that the average full-time employee in Switzerland worked 42.6 hours a week. This is slightly less than an average Icelander (42.9) – the longest working – but 13% longer than the average in leisurely France (37.4), the european nation putting in the fewest hours.

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Clare Balding’s Derby Memories | Investec Derby 2018

2018-05-29

by Investec

Ahead of the Investec Derby, Clare Balding reflects on the greatest flat race and how it changed her family’s life forever.

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Michael Pieper, CEO der Artemis Group

2018-05-29

by Cash

Michael Pieper, CEO von Artemis, hält immer nach neuen Investments Ausschau. Im Interview mit cash sagt er, ob OC Oerlikon und Schmolz+Bickenbach nach dem Beteiligungsabbau von Viktor Vekselberg ein Thema sind.

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UBS Systematic Allocation Portfolio Funds – Performance Review Q1 2018

2018-05-29

by UBS Switzerland AG

UBS Systematic Allocation Portfolio Funds – Performance Review Q1 2018 (en), Dr. Daniel Rudis, Head Investment Specialists Switzerland, Investment Solutions

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Record restaurant closures blamed on strong franc

2018-05-28

by Swissinfo

2018-05-28

More than three times as many pubs and restaurants disappeared in Switzerland last year as the year before. The catering industry points the finger at the strong franc, responsible for more bankruptcies (+4.4%) and fewer new openings (-25%).

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How to serve up an initiative that is hard to digest

2018-05-28

by Swissinfo

Some Swiss votes can be extremely technical and the need for independent viewpoints is vital. But experts’ clarifications can sometimes be incomprehensible and not necessarily neutral. Fabio Canetg thinks he has the answer. — 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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