OnTheSpot
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    Swisscom, business and jobs down

    TELECOMMS

    In the first half of 2020, the operator saw revenues and profitability decline - 752 jobs were cut in Switzerland in one year

ULTIME notizie
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    Oil in the Amazon: Swiss banks accused

    ENVIRONMENT

    Several environmental institutions point the finger, among others, against UBS and Credit Suisse for the extraction of ‘black gold’ in Ecuador that have ‘harmful effects on the climate and human rights’

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    Union Bank goes out of business

    LIECHTENSTEIN

    As it was no longer able to comply with the equity capital requirements, the institution was unable to find a shareholder who was welcome to the FMA financial market supervisory authority

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    School, back to class?

    EDUCATION

    The Council of State announces how the resumption of lessons will take place - Merlani: Half of the new infections are recorded after a trip abroad’ - LIVE

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    Enzo Biagi, an unforgettable witness of time

    ANNIVERSARY

    One hundred years ago the famous Italian journalist was born - he was one of the most important figures of the entire twentieth century - grace, calmness but always with an extraordinary acumen - Doti also worked for a decade with us at Corriere del Ticino.

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    A new tram-train design released & bound for Lugano

    TRAVEL

    The train will be replaced with a tram-train design - a virtual example has been released - It will be able to travel at 80 kilometers per hour (the current reaching 60) and carry three hundred people - director of the FLP says ‘It will also be quieter and will benefit those who live along the route’

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    The University of Friborg along with USI are the universities most applied for by Ticinesi freshmen

    EDUCATION

    After last year’s counter-overtaking, the University of Friborg once again surpasses the University of Italian Switzerland (USI). No, we are not talking about a rivalry such as the one between Oxford and Cambridge complete with a regatta on the Thames, but rather the annual statistics on the satisfaction of freshmen from Ticino. Basically, abandoning sports metaphors, in the academic year 2019/2020 Fribourg has returned to be the most popular among new students in our canton, with 140 new registrations against 96 USI, in turn overtaken by Lausanne (120 registrations) and Zurich (111). This is what emerges from the annual overviewof the academic choices of university students from Ticino made by the Statistical Office (USTAT).

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    If currency devalues - ​​the stock exchange and gold soar

    ECONOMY

    The rally of the American price lists continues to historic highs and of gold which has exceeded the $ 2,000 an ounce momentum - For the analysts the race is explained by the excess liquidity on the market: it makes the dollar lose strength and reduces the alternatives of investment

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    Heavy losses for Swiss

    BUSINESS

    First half marks a drop of 266.4 million francs after an operating profit of 245.3 million in the same period a year.

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    Immigration into Switzerland falls

    IMMIGRATION

    In the first half of the year it decreased by 5.7% compared to the same period of 2019 - SEM: The pandemic has had a considerable effect on migratory movements.

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    Work, the outlook remains negative

    SWITZERLAND

    The report is released by the employment indicator calculated by the Economic Research Center of the Polytechnic University of Zurich (KOF) - There has been no improvement in industry as well as in the hotel and restaurant sector and a further cut in jobs are to be expected

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    Its nice to sail in calm waters, but our task is to face and find solutions

    THE INTERVIEW

    Federal Councilor Alain Berset spoke to Corriere del Ticino about the management of the pandemic: ‘For me, the normality is that of last December, this is another normality’ His role in the Federal Council positioned him at the forefront for months, dictating measures to resist coronavirus. Today he admits that the virus itself has always dictated the rhythms. Saturday he was in Ticino to celebrate the National Day. We approached him for this all-round interview.

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    For Swiss savers it is not new to have ‘real returns’ close to zero.

    SAVINGS

    For a number of years Swiss savers have been confronted with low, if not negative, interest rates on large amounts. We are led to believe that it is a particular period, where savings are penalised. In reality this is not true if we take into account real interest rates, ie inflation. This is what emerges from a study published yesterday by Moneyland, a company active in Internet comparison services, which shows that in the past the situation has often been even worse.

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    Schools & Universities in Ticino share their protection methods for students returning in September

    EDUCATION & CORONAVIRUS MEASURES

    Three leading education institutions in Ticino are preparing for the arrival of students from various countries that are on the ‘at risk’ register - Here are how Franklin University Switzerland - TASIS (The American School in Switzerland) and USI Università della Svizzera italiana are managing the safety of their students. Special quarantine sites are planned along with swabs for all young people starting in September.

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    The Recovery Fund helps growth across Europe

    The 750 billion euros are a new chapter of common debt, however, they represent only 6% of the debt of the EU area - Italy will have significant sums and at the same time will remain under observation together with the other countries where balance sheets are not in order

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    EFG Bank results prove positive for the first half

    ECONOMY & BANKING

    In the first half of 2020, the Zurich-based bank posted a net profit (IFRS) of 34.8 million francs, 11% more than 2019. Assets under management stood at 147.8 billion francs, against 153.8 billion at the end of 2019 and 147.5 billion in mid 2019. We interviewed the CEO Giorgio Pradelli on results and prospects.

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    Globus sells all 31 branches

    BUSINESS

    The transfer of ownership, for an undisclosed price, will be effective from the beginning of February 2021

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    LifestyleTech, for a more innovative Ticino

    LUGANO

    With the collaboration of the academic world, the Competence Center association was established to promote and support cutting-edge companies in the technological field in sectors such as fashion, food and wellness

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    Ticino - Direct sales for local produce increased

    TICINO/SWISS AGRICULTURE

    With the lockdown many consumers have rediscovered local agricultural products: the Swiss Farmers ‘Union want to take advantage of the trend by supporting various projects - Sem Genini (Ticino Farmers’ Union): ‘There is no lack of initiatives in Ticino’

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