11 September 2015 Brought to you by Investec Switzerland. Nestlé SA (NESN VX) As Crisis Abates, Nestle India to Reduce Reliance on Maggi Nestle SA’s Indian unit, which is recovering from the biggest crisis in its history, plans to reduce its dependence on Maggi noodles and introduce more products from its global portfolio. An order […]
Archives for 2015
China targets infrastructure to support economy
11 September 2015 Brought to you by Investec Switzerland. China finance minister targets fiscal policy and infrastructure to support economy China will strengthen fiscal policy, boost infrastructure spending and speed up reform of its tax system to support the economy, the Ministry of Finance said, joining other steps by authorities to re-energise sputtering growth. The […]
Euro growth surprise in second quarter 2015
11 September 2015 Brought to you by Investec Switzerland. Euro-area economy grew more than estimated in second quarter The euro-area economy grew more than initially reported in the second quarter, driven by a surge in exports and consumer spending. Gross domestic product rose 0.4 percent in the three months through June after expanding a revised […]
Swiss market flat, jobless rate stable
11 September 2015 Brought to you by Investec Switzerland. Swiss market flat The Swiss Market Index (SMI) is expected to end the week flat after another volatile trading session. The economic slowdown in China remains central to the recent sell off although optimism that the Chinese government will act to stabilise its financial markets did […]
Swiss unemployment higher in August, Geneva highest
There were around 8,500 more unemployed in Switzerland in August 2015 compared to the same time last year. Across the whole of Switzerland the rate was 3.2%, 0.2% higher than at the same point in 2014. Large regional differences persist. Geneva and Neuchâtel had the highest rates of 5.5% and 5.4%, creeping up 0.1% and […]
New dot swiss internet domains launched
On 7 September 2015 the Swiss Federal Office of Communications (OFCOM) opened applications for the new .swiss domain. The process of creating the .swiss domain started in June 2011 when the Internet Corporation for Assigned Names and Numbers (ICANN) decided to liberalise the creation of new generic domains such as .hotel. ICANN hadn’t planned new […]
Earthquakes a serious hazard for parts of Switzerland
The Swiss Seismological Service (SED) at ETH Zurich recently completed ten years of earthquake research. Their new model shows that earthquakes are a serious hazard for Switzerland and the natural hazard with the greatest potential for causing damage. The SED published a model showing possible future earthquakes and the associated ground movements, which vary by […]
The Swiss village that travels back to the middle ages every four years
Every four years the small hilltop village of Saillon in Valais, Switzerland travels back in time to its medieval roots. The next show runs for five days from 9 September 2015 until Sunday 13 September 2015. The entire town transforms into its medieval past. There are town’s folk dressed up as monks, maidens, knights, bishops […]
Syrian refugees not coming to Switzerland
24 Heures. Refugees crowd onto platforms in Hungary, Austria and Germany while the situation remains relatively calm in Switzerland. In August, Switzerland recorded 3,899 asylum seekers, 3 more than July. Of these only 401 were from Syria. Most were from Eritrea (1,610), followed by Afghanistan (461). So why is the Swiss situation so different to […]
Pinot blanc, the white wine grape born from a red one
Pinot Blanc 2014 La Griffe, Caves du Château, Montmagny This white grape variety Pinot Blanc has been around for quite a while and is a derivative of Pinot Noir. In medieval times it was extensively planted in Burgundy and some of its other names are: Pinot Bianco, Weisser Burgunder, Clevner and Klävner. It is well […]
