Category Archive: 3) Swiss Markets and News

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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.

Uber to stop offering budget service in Basel

The ride-sharing firm Uber has announced it will abandon its UberPop service in the city of Basel from June 1, 2018, as it is not profitable enough. UberPop has already been discontinued in Zurich and Lausanne. According to the company, the decision was taken due to feedback from its partners, who wanted to earn more money through the more expensive UberX service. Economic success was not possible through its cheapest service UberPop, the company...

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Swiss food imports are growing faster than the population

A government study shows that imports of food products have grown by 80% — three times faster than the Swiss population — between 1990 and 2016. In that time, the quantity of imported food consumed per inhabitant went from 344 kilograms to 490 kg.

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When the going gets tough, get out of bed!

(To view video subtitles in English, click on the cc icon to turn captions on). Tama Vakeesan was born in Switzerland to Tamil parents from Sri Lanka. In this week’s vlog, she tells us how to stay motivated. She says, “When the going gets tough, don’t take a nap. Get out there and pursue your … Continue reading...

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How to reduce antibiotics in livestock

Antibiotics in meat are an increasing health hazard to people. Some farmers are treating their livestock using homeopathy or phytotherapy as an alternative to antibiotics or other drugs. (RTS/swissinfo.ch) — 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 …

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The economic implications of the South African political landscape

Political commentator Justice Malala talks to John Haynes and Paul McKeaveney about the potential impact on the economy post the ANC elective conference. The panel believes that if the outcome of the ANC elective conference is viewed positively by the market, South Africa’s economic recovery will be swift. Justice Malala comments that if the result …

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Thomas Jordan, Präsident Schweizerische Nationalbank

SNB-Präsident Thomas Jordan betont im Interview mit cash, dass die Zentralbank unbeirrbar an ihrem Kurs festhalten will. Doch das nächste Jahr könnte zur Nagelprobe werden für die Währungshüter.

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Investec Business Cash Solutions

Investec’s Business Cash Solutions, specialises in managing surplus cash for SME’s, maximising returns through a range of flexible cash deposit products. We like to work with our clients to understand their business’s unique cash flow requirement and then customise a solution to ensure that both the appropriate access to funds are available, as well as …

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Darwin Airline announces bankruptcy to staff

Swiss regional carrier Darwin Airline has been forced to concede bankruptcy after a period of serious financial problems. Its plight will cause further headaches for the airport of Lugano in southern Switzerland, where it is based. A fortnight after seeing its fleet grounded by the Federal Office of Civil Aviation, the company informed its 250 staff on Tuesday that bankruptcy was imminent.

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49 Countries Have Violated Sanctions On North Korea

A new report from the Institute for Science and International Security has found that 49 countries violated sanctions on North Korea to varying degrees between March 2014 and September 2017. 13 governments including Cuba, Egypt, Iran and Syria were involved in military violations, which as Statista's Martin Armstrong notes, includes either receiving military training from North Korea or being involved in the import and export of military equipment.

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European commercial property market rallying

While Europe is bouncing back, Brexit is casting a shadow on the UK’s commercial property market, says Investec UK’s CIO. In an interview at the recent #InvestecWealth Forum in Johannesburg, Chris Hills, Chief Investment Officer, Investec Wealth & Investment UK, said that the European commercial property market is recovering thanks to stimulus from the European …

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Leading growth investor reveals his favourite emerging markets.

Sunil Thakor, MD, Sands Capital, on why China and India are ripe for investment. Talking at the recent #InvestecWealth Forum, Thakor gave examples of the unexpected industries he has found fantastic growth opportunities in. India rising “One of our favourite parts of the world is India,” says Thakor. The country’s attractive young demographic profile and …

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Why the Chairman of Investec’s Global Investment Strategy Group is a China bull

Despite a general dim view of China’s growth, the Chairman of Investec’s Global Investment Strategy Group believes that the Chinese economic miracle is far from over. In an interview at the recent #InvestecWealth Forum, John Haynes, Chairman of the Global Investment Strategy group, Investec Wealth & Investment, UK, said “I would only worry about the …

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Why the best time to buy resources is when people don’t like them

Gold and uranium are favourite commodities of 2016’s Top Performing Global Equity Manager. Unfashionable resources, in particular gold and uranium, are favourite commodities of Dave Iben, Chief Investment Officer of Kopernik Global Investors USA. At the recent #InvestecWealth Forum, Iben, one of 18 exceptional fund managers in Investec’s World Axis Fund, spoke about why “commodities …

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The top three risks on the global investment horizon in 2018

Transition risk, rising inflation and populism top the agenda of Investec’s Global Investment Strategy Group. The Global Investment Strategy Group brings together the finest investment minds at Investec Wealth & Investment across the different geographies, to set the overarching positioning and investment strategy for the investment portfolios of clients. In this video interview at the …

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EU tax grey list splits Federal Council

It’s “hardly a tragedy” that the European Union has placed Switzerland on a grey list of non-cooperative jurisdictions for tax purposes, says Finance Minister Ueli Maurer. Economics Minister Johann Schneider-Ammann, on the other hand, says he is “irritated” by the move.

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Large email hack reported – Swiss agency tool lets you check if your account was compromised

It’s the question lurking in many people’s minds, especially during the frenzy of online Christmas shopping: has my email account been hacked? MELANI has got your back – up to a point. The Reporting and Analysis Centre for Information Assurance (MELANI), is part of the Swiss Federal Intelligence Service.

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General Electric to cut 1,400 Swiss jobs

General Electric (GE) has announced plans to cut around a third of its workforce based in northern Switzerland as the American multinational responds to a sharp fall in demand for fossil fuel power equipment. GE aims to cut up to 1,400 jobs over the next two years at its GE Power unit in the northern Swiss canton of Aargau, where it employs 4,200 people unit focusing on gas and steam turbine production, but said no locations would close. The unit...

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Switzerland’s “harmful tax regime” gets it on EU grey list

This week EU Finance ministers came out with a list of countries it thinks don’t measure up to its definition of good tax behaviour. There are two categories: blacklist and so-called “grey list”. Black is bad and grey is heading toward good, but not yet there. Switzerland is on the “grey list”.

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Airbnb charges some customers more than others, particularly the Swiss

Many Swiss residents travel to neighbouring eurozone countries for their holidays. These countries are close and Swiss francs go far there. However, to get the most out of a strong currency you need a good exchange rate. If a Swiss resident presenting euro cash at a checkout in Germany or France was told they couldn’t pay in euros because they live in Switzerland – “I’m sorry sir but you live in Switzerland, you must pay in Swiss francs at our...

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YouTubers come in all shapes and sizes

Tama Vakeesan was born in Switzerland to Tamil parents from Sri Lanka. This week, she attends the Zug film festival, “Zuger Filmtage”, to accept an award for her Vlog. The festival provides a competition platform for YouTubers of all ages who have something fresh to offer. Tama meets some of the competitors. (SRF Kulturplatz/swissinfo.ch) — swissinfo.ch is …

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