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Tag Archives: 3) Swiss Markets and News

Shareholders call for new priorities for manager salaries

Checking the stock markets in Zurich’s Bahnhofstrasse Keystone Shareholders in Switzerland want a rethink on how managers are paid and demand that priorities regarding corporate governance, sustainability and corporate social responsibility (CSR) be redefined, a survey has found. “Investors consider compensation systems not to be sufficiently aligned with social and environmental priorities and judge adjustments to bonus payments due to Covid-19 highly...

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Covid, Nov6: 62 new deaths as hospitalisations rise in Switzerland

Deaths because of and with Covid19 On 5 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 62 deaths among laboratory-confirmed cases of Covid over 24 hours, bringing the total death toll since summer to 606. Current daily deaths are not far from the peak level reached during the first wave over spring, according to FOPH data. Total deaths in Switzerland since the beginning of the pandemic have reached 2,622, of which 2,337 were laboratory...

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Covid: 62 new deaths as hospitalisations rise in Switzerland

© 8213profoto | Dreamstime.com On 5 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 62 deaths among laboratory-confirmed cases of Covid over 24 hours, bringing the total death toll since summer to 606. Current daily deaths are not far from the peak level reached during the first wave over spring, according to FOPH data. In addition, FOPH reported a further 399 hospitalisations over 24 hours. There are currently 3,428 Covid-19 patients in...

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Zurich prosecutor charges former Raiffeisen bank chief Vincenz

The former Raiffeisen CEO has been dogged by suspicions of conflict of interest during his tenure as Raiffeisen boss, during which he personally invested in subsidiaries of the banking group. Keystone / Gian Ehrenzeller The Zurich public prosecutor has accused the ex-CEO of Swiss bank Raiffeisen Pierin Vincenz of fraud, embezzlement and bribery following a two-year criminal investigation. In a statement released on Tuesday, the district attorney general said that it...

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Which US president would be best for Swiss business?

Swiss-US trade has been booming in recent years. Would it be better for the Alpine country to stick with the current set-up or trust in a potentially more conciliatory new American president?   Swiss business with the US has never been better. Exports from Switzerland rose by a fifth between 2017 and the end of last year. Half of this trade was from the pharmaceutical and chemical sector. Precision tools, machinery and electrical manufacturing also saw trade with...

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Covid: Geneva goes into semi-lockdown

© Erik Lattwein | Dreamstime.com On Sunday 1 November 2020, Geneva’s government announced the canton would go into semi-lockdown. Bars, restaurants and non-essential businesses in Geneva are set to close at 7pm on Monday 2 November 2020. Schools will remain open. Faced with surge in cases and a steep rise in hospitalisations, the government of Geneva decided to introduce stricter measures to stem the spread of the virus. Between mid-October and 1 November 2020, the...

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Covid: 6,200 new cases as Swiss hospitals reach breaking point

© Stefan Amer | Dreamstime.com On 3 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 6,216 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 182,303. The number of tests over the last 24 hours was lower than last week. On Friday 30 October 2020, 38,211 tests were conducted with a positivity rate of 24%. Over the last 24 hours, 22,177 tests were conducted with a positivity rate of 28%. Lower test numbers and higher...

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Coronavirus: 21,926 cases in Switzerland over 72 hours

[caption id="attachment_590936" align="alignleft" width="400"] © 8213profoto | Dreamstime.com[/caption] On 2 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 21,926 new cases of SARS-CoV-2 infection over 72 hours, bringing the total to 176,177. This weekend’s reported Covid-19 case figure in Switzerland was 26% higher than the weekend before. In addition to a rise in the number of reported...

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Covid: Swiss government announces new measures

On 28 October 2020, after a record number of 8,616 daily new cases of infection were reported, Switzerland’s federal government announced new measures to fight against the spread of Covid-19. These rules come into effect from Thursday 29 October 2020.Nightclubs to close Discos and nightclubs will be closed. New rules for restaurants and bars No more than four people will be allowed to sit at a table in restaurants and bars, with the exception of families with...

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Coronavirus: a record 9,386 new daily cases in Switzerland

© Niccolo Pontigia | Dreamstime.com On 29 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 9,386 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 145,044. New daily cases continue to rise in Switzerland. The number of reported laboratory-confirmed cases today was 9% higher than yesterday. Over the last 14 days, Switzerland has recorded 837 new cases per 100,000, with nearly half of Switzerland’s laboratory-confirmed...

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