20 Minutes. According to the newspaper, Geneva is in no hurry to move forward with proposed changes to the way companies are taxed. On Wednesday Geneva’s State Council also said it expects a cantonal referendum. Swiss tax changes affecting international companies (28.05.15) Examination of the proposed changes by the Federal Parliament will begin this winter […]
Swiss and global market roundup for 11 Sep 2015
Weekly Swiss and global market roundup for 11 September 2015. Brought to you by Investec Switzerland. Swiss market flat, jobless rate stable 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… Read more. Euro-area […]
Swiss company news
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 […]
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 […]
Swiss and global market roundup – a volatile week
Weekly Swiss and global market roundup for 4 September 2015. Brought to you by Investec Switzerland. The Swiss Market experienced another volatile week of trading The SMI followed global markets lower again on Friday morning after a brief rally on Thursday. Equity markets remained turbulent throughout the week on fears… Read more. Draghi unveils QE […]
Swiss company news
4 September 2015 Brought to you by Investec Switzerland. Lindt & Spruengli CEO hungry for takeovers Lindt & Spruengli AG is seeking more acquisitions after buying Russell Stover Candies Inc., and the Swiss maker of premium chocolates is taking advantage of plummeting currencies to expand in Brazil and Russia. Future deals will be smaller than […]
