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.

Raiffeisen pulls out of Swiss Bankers Association

Raiffeisen, Switzerland’s third-largest banking group, says it will leave the Swiss Bankers Association (SBA) at the end of March 2021. It intends to represent its interests independently.

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A defender of Eritreans’ human rights

Immigration affects everyone in Switzerland, but some people more directly than others. Veronica Almedom, who arrived from Eritrea as a baby with her family, is now an activist for the human rights of Eritreans. Almedom grew up in Martigny in French-speaking Switzerland and is now a student at the University of Geneva. Since 2016 she has been a member of the Federal Commission on Migration. Since 2017 Switzerland has steadily tightened its...

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Swiss investors still leaning heavily on fossil fuels

The Swiss financial market invests too much in oil and coal production, according to a review of nearly 200 financial institutions.

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Covid, November 10: no time to relax, says minister as 3-day Swiss case number returns to 17,000

On 9 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 17,309 new laboratory-confirmed Covid-19 cases over 72 hours, bringing the total to 229,222.

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COVID-19 situation update for the EU/EEA and the UK, as of 8 November 2020

As of 08 November 2020, 9 063 320 cases have been reported in the EU/EEA and the UK: France (1 748 705), Spain (1 328 832), United Kingdom (1 171 441), Italy (902 490), Germany (658 505), Poland (521 640), Belgium (494 073), Czechia (411 220), Netherlands (403 914), Romania (296 999), Portugal (173 540), Austria (146 502), Sweden (146 461), Hungary (109 616), Bulgaria (74 485), Slovakia (73 667), Ireland (64 855), Croatia (64 704), Greece (54 809),...

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Shareholders call for new priorities for manager salaries

Shareholders in Switzerland want a rethink on how managers are paid and demand that priorities regarding corporate governance, sustainability and corporate social responsibility (CSR) be redefined, a survey has found.

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Covid, Nov6: 62 new deaths as hospitalisations rise in Switzerland

On 5 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 62 deaths among laboratory-confirmed cases of Covid over 24 hours, bringing the total death toll since summer to 606.

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COVID-19 situation update for the EU/EEA and the UK, as of 4 November 2020

As of 04 November 2020, 8 008 149 cases have been reported in the EU/EEA and the UK: France (1 502 763), Spain (1 259 366), United Kingdom (1 073 882), Italy (759 829), Germany (577 593), Belgium (453 215), Poland (414 844), Netherlands (375 444), Czechia (362 985), Romania (258 437), Portugal (149 443), Sweden (134 532), Austria (118 715), Hungary (90 988), Slovakia (63 556), Ireland (63 048), Bulgaria (60 537), Croatia (54 087), Denmark (49 594),...

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Zurich prosecutor charges former Raiffeisen bank chief Vincenz

The Zurich public prosecutor has accused the ex-CEO of Swiss bank Raiffeisen Pierin Vincenz of fraud, embezzlement and bribery following a two-year criminal investigation.

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Which US president would be best for Swiss business?

Swiss-US trade has been booming in recent years. Would it be better for the Alpine country to stick with the current set-up or trust in a potentially more conciliatory new American president?  

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Meet me at the the online ‘piazza’!

A woman living in a southern Swiss town noticed that people around her felt isolated and wanted to connect and share things but didn't know how. So she created the "smart village": a virtual town square. Monica Rush Solcà from the Italian-speaking region of Ticino set up a platform where people can meet and share things. The concept was later used in other towns in the region, with group members hosting events to advertise the service....

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Covid: Geneva goes into semi-lockdown

On Sunday 1 November 2020, Geneva’s government announced the canton would go into semi-lockdown.

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Covid: 6,200 new cases as Swiss hospitals reach breaking point

On 3 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 6,216 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 182,303. © Stefan Amer | Dreamstime.comThe number of tests over the last 24 hours was lower than last week. On Friday 30 October 2020, 38,211 tests were conducted with a positivity rate of 24%. Over the last 24 hours, 22,177 tests were conducted with a positivity rate of 28%. Lower...

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Coronavirus: 21,926 cases in Switzerland over 72 hours

On 2 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 21,926 new cases of SARS-CoV-2 infection over 72 hours, bringing the total to 176,177.

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Covid: Swiss government announces new measures

On 28 October 2020, after a record number of 8,616 daily new cases of infection were reported, Switzerland’s federal government announced new measures to fight against the spread of Covid-19. These rules come into effect from Thursday 29 October 2020.

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Coronavirus: a record 9,386 new daily cases in Switzerland

On 29 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 9,386 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 145,044.

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Switzerland cuts its quarantine list as infections rise steeply

On 28 October 2020, Switzerland’s federal government removed all but 6 nations/regions from its quarantine list, effective from 29 October 2020.

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Novartis boosts involvement in anti-Covid treatment

The biotech company and the pharmaceutical giant want to develop and market a drug with a unique approach for the prevention and treatment of Covid-19.

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Swiss select ex-central banker for OECD top post

The Swiss government has nominated Philipp Hildebrand, a former head of the country’s central bank, to lead the Organisation for Economic Co-operation and Development (OECD).

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Covid: UK study suggests natural immunity short lived

Levels of SARS-CoV-2 antibodies wane quite rapidly after infection, researchers from Imperial College London have found. The team, which measured SARS-CoV-2 antibody levels in 365,000 people between June and September saw a decline of 26% in the number testing positive for antibodies.

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