Category Archive: 3) Swiss Markets and News
Swiss EU immigration – unfortunately there is no plan B, says president in interview
Switzerland’s plan to solve an immigration dilemma with the European Union could avoid being held up by another referendum if it gets strong support in parliament next week, according to Swiss President Johann Schneider-Ammann. A clear result in a final vote on Dec. 16 with the Swiss People’s Party, or SVP, in the minority could make it “delicate” for the group to push for another plebiscite, he said in an interview with Bloomberg Television’s Guy...
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Umuzi | An Out of the Ordinary Academy
Watch how Verona Banda’s life and job prospects have been transformed by the Umuzi Academy: www.liveoutoftheordinary.co.za
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Care for Wild: An Out of the Ordinary Orphanage
In celebration of World Rhino Day, Investec Rhino Lifeline is focusing its efforts on raising money for Care for Wild. This organisation based in Mpumalanga, South Africa, raises young rhino who have been orphaned or injured as a result of poaching until they can be rehabilitated back into the wild. Contribute now: http://careforwild.co.za/
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Richemont cuts send shockwaves from Geneva to mountain valleys
Richemont’s plan to slash 210 watchmaking jobs in Switzerland is sending shockwaves from Geneva to some of the country’s remote mountain villages, the cradle of high-end watch manufacturing. In Le Sentier, a town perched in the middle of the Jura mountain range, straddling the border between France and Switzerland, some 400 people protested Thursday against plans to cut the workforce of Vacheron Constantin and Piaget.
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An Out of the Ordinary gift this festive season
Give the gift of a lifetime and give an orphaned rhino the chance to survive by donating to Care for Wild Africa today: http://invest.ec/2gBWfhn
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Over 4,000 studios for rent. Standing room only. Telephone included.
The contractural requirement for Swisscom to provide every commune with a telephone box comes to an end at the end of next year. Late last week, the Federal Council adopted a new plan that will come into force in 2018. Internet subscriptions without a fixed phone contract should also be part of the new plan.
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Saving documents in digital form for the future
The Swiss National Library as been asking global experts how to preserve knowledge in digital form for the long term. (SRF/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 international events. For more articles, interviews and videos …
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Sunrise beats Swisscom on mobile network coverage
After seven years on top, Swisscom has been beaten by Sunrise. The German telecommunications expert and magazine publisher, connect.de and its partner P3, travelled roughly 7,000 km by car around Switzerland testing Swiss mobile networks. Tests were also made while walking and on trains. The results were published on Tuesday.
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Swiss stock market awaits result of Italian referendum
Investors appear to be staying on the sidelines this week ahead of the weekend’s Italian referendum. Swiss stocks are set to finish the week lower, underperforming global equities as food giant Nestle and pharmaceutical heavyweights Roche and Novartis drag the index down. It’s been a volatile trading week across financial markets. Oil prices jumped almost 9% on Wednesday after OPEC members finally agreed a deal to cut production while upbeat US...
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Börsen-Talk vom 2. Dezember 2016
Mit der Credit Suisse setzt Urs Beck auf eine umstrittene Aktie. Im Börsen-Talk nennt der Fondsmanager von EFG Asset Management weitere Titel mit Potenzial und sagt, warum eine SMI-Jahresend-Rallye kaum möglich ist.
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New lease of life for historic radio transmitter
Many older Swiss still remember the Beromünster national transmitter from the golden days of radio. Those days are gone, but the iconic structure is experiencing a new lease of life. (SRF/swissinfo.ch) Of the two transmitters above Beromünster in canton Lucerne, only one remains today and is under cultural heritage protection. The 220 metre steel tower …
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The US military plane crash that led to better rescues
In November 1946 an American military airplane made an emergency landing on the Gauli glacier in the Bernese Alps. All 12 people on board were rescued in a spectacular mission that marked the birth of the Swiss air rescue service REGA. (SRF/swissinfo.ch) On its way from Munich to Marseille a Douglas DC-3 Dakota US military …
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Terminating a nuclear power plant
This is how the Mühleberg nuclear power station near Bern will be taken off the grid in 2019. (SRF/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 international events. For more articles, interviews and videos visit swissinfo.ch …
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Canton Geneva’s treasure box
A letter from Voltaire, Rousseau’s apprenticeship contract and the police files for Benito Mussolini are among the treasures stored in Geneva’s ancient safe. (SRF/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 international events. For more articles, …
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Switzerland tops talent table despite high cost of living
Switzerland retains its number one spot in IMD‘s most recent 2016 World Talent Report. Unlike the other 60 nations in the study, which have seen their performance gyrate, a plot of Switzerland’s rank over the last ten years is a perfectly straight line. First ten years in a row.
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Swiss banks taking more risks to compensate for record-low interest rates
Swiss banks focused on property lending are taking more risks to compensate for the impact of record-low interest rates, increasing the threat of a real-estate bubble, Swiss National Bank Vice President Fritz Zurbruegg said.
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Swiss stocks down as the US dollar hits decade high
Swiss pharmaceutical and luxury goods giants pulled the Swiss Market Index (SMI) down again this week as investors dropped large cap firms. Global stocks however continued to rise, along with energy prices, on the promise of Trump’s reflationary administration. The US dollar headed further up, reaching decade highs.
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Steep price increases for Swiss Rail passengers despite deflation
Today, Swiss Rail announced big price increases on some tickets and passes. The new prices will apply from 11 December 20161. According to the Swiss government consumer price index, average prices declined by 2.1% between October 2010 and October 20162.
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Börsen-Talk vom 25. November 2016
Der SMI steuert nach 2015 heuer schon wieder auf eine negative Jahresperformance zu. Für ZKB-Anlagechef Christoph Schenk ist das kein Grund zum Hadern, sondern eine Einstiegsmöglichkeit, wie er im Börsen-Talk sagt.
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