Category Archive: 3) Swiss Markets and News

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Switzerland a top place for skilled foreign workers and students

Switzerland is one of the most attractive locations for highly qualified foreign workers, according to a new study by the Organisation for Economic Cooperation and Development (OECD). In a ranking of 35 countries presented on Wednesday, Switzerland comes third behind Australia and Sweden as an attractive destination for skilled workers with a Masters degree or doctorate.

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Switzerland ranked world’s fourth most competitive economy

Switzerland is Europe’s most competitive nation, coming fourth in the annual global ranking of the Lausanne-based IMD business school. The small Alpine nation climbed from fifth to fourth place in the 63-country competitiveness ranking. It was helped by economic growth, the stability of the Swiss franc and high-quality infrastructure, IMD said on Tuesday.

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Ranking finds Switzerland lagging on wind power

In a comparison of European solar and wind power generation, Switzerland ranks near the bottom. Per year and inhabitant, Switzerland produces 250 kilowatt hours of solar (236kWh) and wind (14kWh) power – the amount needed to power a dishwasher, roughly. This puts Switzerland in 25th place when compared with the 28 European Union nations, according to a study published by the Swiss Energy Foundation (SES) on Wednesday.

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Swiss Trains Test Free Mobile Internet Access

The Swiss Federal Railways has started testing free mobile internet based on 3G/4G coverage on the main train routes. However, it does not cover all Swiss operators. The state-owned company has started testing the service on 44 Intercity trains between Zurich and Geneva, St Gallen and Lausanne, and from Basel to Biel, the federal railways announced on Tuesday in a statementexternal link.

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Chinese firms stole sensitive data from Swiss-based competitor

Swiss investigators have broken up a Chinese industrial spying scheme that stole hundreds of sensitive documents from a technology company in Switzerland, reports the SonntagsZeitung newspaper. Prosecutors confirmed that a technician was fined for his part in the affair.

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Swiss authorities intervene to halt exports of nuclear weapons material

Federal authorities are stepping up efforts to prevent the sale of Swiss machinery that could be used to develop nuclear weapons. The latest interventions concern direct sales to the US and France. According to reports by the German-language newspaper NZZ am Sonntag, the federal export group halted the export of suspicious machinery to the US two times last year.

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Swiss pay more for magazines and clothes than other countries

Swiss consumers pay a “high price island” premium of up to 245% for magazines and clothing compared to prices being charged for the same goods in neighbouring countries. A consumer group study found the price differential to be higher in Italy and France than in Germany. For many people living in Switzerland the findings of the Swiss Alliance of Consumer Associations, together with watchdogs in the French and Italian-speaking regions of the...

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Image of Swiss banks improves among public

The image of Swiss banks has returned for the first time to pre-financial crisis levels, according to a survey by the Swiss Bankers Association (SBA). Cybercrime remains a concern, however. “The banks’ positive image is the result of a combination of their commercial success and social responsibility, and the respondents’ positive experiences with them in everyday life,” the SBA said in a statement on Wednesday.

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OECD lowers Swiss growth forecasts for 2019-2020 

The Organisation for Economic Cooperation and Development (OECD) has revised its growth forecasts for Switzerland downwards for the next two years due to a global economic slowdown. After a strong 2018 (+2.5%), gross domestic product (GDP) growth should slow in 2019 (+1%), the OECD said on Tuesday. This compares to its earlier forecast last November of +1.6%.

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Hunting down invasive plant species

Hunting down invasive plant species — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe:...

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UBS to implement zero interest rate on savings accounts

As of June 1, Switzerland's largest bank will stop paying interest on adult savings accounts. Funds deposited in UBS savings accounts currently earn a rate of 0.01%, just like at Credit Suisse, the other major Swiss bank. Almost all other Swiss banks pay a small interest on saving accounts with the average amounting to 0.07%.

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Behind the scenes at Kingsclere with Clare Balding

Clare Balding gives an exclusive behind the scenes tour of Kingsclere, where she grew up and her brother Andrew now trains 180 thoroughbreds.

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Frank Rehfeld, CEO LEM

Der Boom mit umweltfreundlichen Fahrzeugen lässt in China etwas nach. Trotzdem sieht Frank Rehfeld, CEO von LEM, die Entwicklung noch lange nicht am Ende.

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Frank Rehfeld, CEO LEM

Der Boom mit umweltfreundlichen Fahrzeugen lässt in China etwas nach. Trotzdem sieht Frank Rehfeld, CEO von LEM, die Entwicklung noch lange nicht am Ende.

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Women represented on all top Swiss company boards

For the first time, all of Switzerland’s top 20 companies have at least one woman in the boardroom. The finding by consultancy firm Russell Reynolds shows the slow but steady progress towards gender equality in the management of Swiss firms.

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Michael Pieper, Artemis Group

Michael Pieper muss seine Franke-Gruppe auf mehr Profitabilität trimmen. Bezüglich weiterer Zukäufe für sein Beteiligungssimperium ist der Financier vorsichtig - privat hat er aber eine sehr beachtete Aktie erworben.

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Michael Pieper, Artemis Group

Michael Pieper muss seine Franke-Gruppe auf mehr Profitabilität trimmen. Bezüglich weiterer Zukäufe für sein Beteiligungssimperium ist der Financier vorsichtig – privat hat er aber eine sehr beachtete Aktie erworben.

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Swiss give clear ‘yes’ to corporate tax reform

Swiss voters largely accepted on Sunday a reform of the corporate tax system that will scrap preferential treatment for multinational firms. The result also means a financial boost for the country's ailing pension system. Two years after voters rejected a similar idea to overhaul corporate tax rules, the issue – this time linked controversially to pensions – received a clear thumbs-up.

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