Brought to you by Investec Switzerland. Nestle SA rose the most in more than four months as investors welcomed the surprise appointment of Fresenius SE’s Ulf Mark Schneider as successor to Chief Executive Officer Paul Bulcke. The stock gained 2.7 percent to 73.05 Swiss francs at 10:16 a.m. in Zurich as analysts said the health-care […]
Summer camps – keeping the kids busy
Brought to you by InterSoccer. If you are a parent, and your boss is not kind enough to let you take the entire summer off, then you might be wondering what to do with your kids. Even if you do have time off, having energetic youngsters under your feet all day has the potential to […]
What Brexit means for British citizens and their Swiss residence permits
The world is still reeling from Britain’s vote to leave the EU. Many UK citizens living across the EU and in countries with EU agreements on free movement of people, like Switzerland, have questions about what this means for them. At the moment there seem to be more questions than answers. Here is what we know […]
Great Brexpectations
In this cartoon, Geneva-based political cartoonist Rachel Berman for Le News, looks at Britain’s vote to leave the EU from a Swiss perpective. Switzerland has spent more than two years trying to cut a deal with Brussels after 50.3% of Swiss voters decided to limit immigration from the EU. The EU is showing no sign […]
How Brexit will affect Geneva
According to Cenni Najy, a political science specialist at the University of Geneva, cited in the Tribune de Genève, Brexit with have a very direct impact on Geneva. Many British nationals work in Geneva and many from Geneva work in London, particularly in financial services. What will happen when there are changes to the free […]
Brexit in pictures – cartoons and photos that save many words
Creative types around the world are finding ways to express what happened when 51.9% of British voters voted to leave the EU. Here is a selection: Brexit expressed with food #Brexit in one photo… pic.twitter.com/Ea6esAvI0t — Keith Richburg (@keithrichburg) June 24, 2016 Cartoons from Geneva-based cartoonist Patrick Chappatte #Brexit If Britain closes its doors… – […]
Brexit will affect Switzerland, says Swiss president
Swiss president Johann Schneider-Ammann said “This decision affects your country directly and indirectly.” Firstly, relations between Switzerland and the UK will need to be redrawn. This will not happen today, but once the UK formally leaves, in around two years time. The current rules for people and companies will stay in place until further notice. Switzerland […]
Brexit shakes global markets
24 June 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index (SMI) is set to post a modest gain this week despite confirmation that the UK has decided to leave the European Union. The SMI opened almost 7% lower following the announcement before recovering. The Swiss franc strengthened the […]
Britain votes to leave EU. What does it mean?
All of the votes have been counted. 51.9% of the votes were for “leave”. Donald Tusk, President of the European Council, said in an announcement, that EU law will continue to apply to the UK until the nation formally leaves the club, including rules on free movement of people. David Cameron said in a speech […]
Britain votes to leave EU
All of the votes have been counted. 51.9% of the votes were for “leave”. Voter turnout was 72.2%. Voting was divided. Scotland (62.0% remain) and Northern Ireland (55.8% remain) voted too stay, while England (53.4% leave) and Wales (52.5% leave) voted to leave. In the markets, the pound dropped as low as 1.32 US dollars, […]
