9 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss market news SMI hit by Hillary Clinton’s drug pledge The Swiss Market Index (SMI) is set to finish the week positively, following Global markets higher as stocks rally on news that the Federal Reserve may keep rates […]
Swiss equities under perform global shares on Hillary Clinton’s drug pledge
9 October 2015. Brought to you by Investec Switzerland. Swiss equities under perform global shares on Hillary Clinton’s drug pledge The Swiss Market Index (SMI) is set to finish the week positively, following Global markets higher as stocks rally on news that the Federal Reserve may keep rates lower for longer than expected. Minutes released […]
Get inspired at the United Nations 70th anniversary open day
The Palais des Nations, home of the United Nations Office at Geneva (UNOG), will open its doors to the public on Saturday, 24 October 2015, to mark the 70th anniversary of the United Nations. Under the theme “Strong UN. Better world”, the Open Day will be among key events being held worldwide that day […]
FIFA suspends Blatter, Platini and Valcke
FIFA’s Ethics Committee has provisionally banned FIFA President Joseph Blatter, UEFA President and FIFA Vice-President Michel Platini, and FIFA Secretary General Jérôme Valcke, already on garden leave, for 90 days. Under the rules, the ban could be extended for a further 45 days. In addition, former FIFA Vice-President Chung Mong-joon, a South Korean football official, […]
Young Swiss have lost all confidence in retirement
20 Minutes. A survey by the newspaper 20 Minuten, reveals that only 12% of those under 30 expect to be able to retire. More than half expect to have to work until 70. Nine out of ten are concerned about AVS provisions and only 2.1% are certain there will be enough money. 26% think it […]
Court cancels speeding fine after owner claims not to know who was driving
On 1 September 2015, 24 Heures reported that a former mayor of Nyon lost a court battle to have a speeding offense overturned. He claimed innocence, and while the resulting investigation revealed big questions about the accuracy of speed camera photographs, he lost. The Vaud court sided with the police who argued that it is […]
Swiss pumpkin champion hit by heat wave
2015 was a disappointing season for Beni Meier. Last year he became known as the man who grew the world’s largest pumpkin when he produced a 1,054 kilogram whopper, presented at a competition in Ludwigsburg in Germany. This year Beni still managed to take the prize for the largest Swiss pumpkin, weighing a relatively modest […]
Is Geneva airport really one of the world’s worst five?
On 28 July 2015, the British newspaper the Independent, posted a thirteen-line article listing the worst five airports in the world written by senior travel writer Simon Calder. Geneva’s Cointrin was listed number four. No methodology or data were presented to support the author’s conclusions. For example, it is not clear which airports were included […]
Markets end worst quarter in four years. Glencore woes, VW sales ban, Nestlé in Russia, gloom for Swiss watch makers.
2 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss market news Markets end worst quarter in four years Despite equity markets biggest surge in three weeks, global equity markets headed for their worst quarter since 2011 with investors rattled by China’s economic slowdown, uncertainty over Federal Reserve […]
Markets end worst quarter in four years
2 October 2015 Brought to you by Investec Switzerland. Global markets Despite equity markets biggest surge in three weeks, global equity markets headed for their worst quarter since 2011 with investors rattled by China’s economic slowdown, uncertainty over Federal Reserve policy and growing pessimism about corporate earnings. European and US markets continued their retreat early […]
