Sunday , May 12 2024
Home / le News (page 102)
The author Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

le News

Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist

Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist  - Gold coin called ‘Million Dollar Gold Coin’ or ‘Big Maple Leaf’ stolen from Berlin museum early on Monday- World's purest gold coin and in the Guinness Book of Records for its purity of 99999 fine gold- Gold coin was legal tender, investment grade, bullion coin and only 5 other coins were minted- The other 'Million Dollar Gold Coin' is still available for sale by GoldCore safely stored in vaults in...

Read More »

Global Stocks Slide, S&P Futures Tumble Below 50DMA As “Trump Trade” Collapses

Global stocks are lower across the board to start the week, as concerns about Trump's administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend's OPEC meeting in Kuwait where a committee recommended to extend oil production cuts by another 6 months. Safe havens including the yen and bonds climbed as did gold,...

Read More »

The real reason Swiss drugs are so expensive

24 Heures. In Switzerland, a 16-pack of 500mg Dafalgan Odis (Paracetamol) costs CHF 8.60. A comparable French product, Doliprane, costs 1.12 euros for a box of 12 tablets the same size. 12 tablets of 500 mg of Algifor (Ibuprofen) costs CHF 9.90 compared to 2.50 euros for a similar box of Advil in France. © Ginasanders | Dreamstime.com Another product, Nivea Baby Serum physiologique (24 x 5 ml), an eye and nose cleanser for babies, costs CHF 9.50 ordered from the Swiss online retailer Zur...

Read More »

The real reason Swiss drugs are so expensive

24 Heures. In Switzerland, a 16-pack of 500mg Dafalgan Odis (Paracetamol) costs CHF 8.60. A comparable French product, Doliprane, costs 1.12 euros for a box of 12 tablets the same size. 12 tablets of 500 mg of Algifor (Ibuprofen) costs CHF 9.90 compared to 2.50 euros for a similar box of Advil in France. © Ginasanders | Dreamstime.com Another product, Nivea Baby Serum physiologique (24 x 5 ml), an eye and nose cleanser for babies, costs CHF 9.50 ordered from the Swiss online retailer Zur...

Read More »

The Swiss franc hits its lowest since December

24 Heures. On Monday the franc went as low as 1.0825 to the euro, the lowest since early December last year. © Yulan | Dreamstime.com According to some experts, the weaker franc can be partly explained by the market activities of the Swiss National Bank (SNB). The cantonal bank of Thurgau said that the SNB appeared to be targeting a weaker franc ahead of the Dutch elections on Wednesday. Adding that they think an exchange rate of around 1.085 against the euro is possible. At the same time,...

Read More »

The Swiss franc hits its lowest since December

24 Heures. On Monday the franc went as low as 1.0825 to the euro, the lowest since early December last year. © Yulan | Dreamstime.com According to some experts, the weaker franc can be partly explained by the market activities of the Swiss National Bank (SNB). The cantonal bank of Thurgau said that the SNB appeared to be targeting a weaker franc ahead of the Dutch elections on Wednesday. Adding that they think an exchange rate of around 1.085 against the euro is possible. At the same time,...

Read More »

Swiss Post to start delivering with drones this summer

20 Minutes. Swiss post has said it will deliver the first packages by air this summer. The first deliveries will be made between two medical laboratories on the southern side of the Alps. Swiss Post drone Test flights were conducted in the canton of Bern last year. Now Swiss Post is ready to make commercial deliveries starting in Lugano. The two medical labs, one kilometre apart, belong to the Ospedale Italiano and the Ospedale Civico. The goal is to transport medical test samples as fast as...

Read More »

CS and UBS Tell Wealthy Retail Clients To Buy Stocks…”Here, Can You Please Hold This Bag”

Warren Buffett has frequently advised aspiring investors to take a contrarian view on markets and "be fearful when others are greedy and be greedy when others are fearful."  In fact, being dismissive of the wall street 'herd mentality' has resulted in some of Buffett's most successful trades over the years including his decision to load up on bank stocks during the 'great recession'. But the market wizards at Credit Suisse and UBS are apparently advising their wealthy retail clients to...

Read More »

Vaud discusses extending winter school holiday to 2 weeks

Le Matin. In Switzerland, this ski season has been disappointing, particularly if you have school aged children. During the Vaud school holiday this season, the fourth week of February, there was limited snow. Even at high resorts like Verbier, snow conditions were fairly average across the week. The week before there was good snow. But then everyone was still at school. A two-week school holiday in February would increase the chances of striking good snow. © Daniel Barton | Dreamstime.com...

Read More »

Digital Gold – For Now Caveat Emptor

Digital Gold On The Blockchain - For Now Caveat Emptor - Bitcoin surpasses gold price - a psychological and arbitrary headline  - Royal Mint blockchain gold asks you to trust in the UK government - Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers - Invest in a gold mine using cryptocurrency - but wait until 2022 for your gold and trust the miners that it is there - Blockchain and gold will...

Read More »