Category Archive: 3) Swiss Markets and News

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Zermatt and the dynamic ski pass pricing system

2019-02-25

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Ski season is underway and many ski resorts are now offering a flexible ski pass pricing system. This is the case in Zermatt, where ski passes can … Ski season is underway and many ski resorts are now offering a flexible ski pass pricing system. This is the case in Zermatt, where ski passes can … Continue reading...

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‘Dragon tamer’ animator shows Swiss kids how it’s done

2019-02-25

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The chief animator of the hit film trilogy “How to train your Dragon” is Swiss. Simon Otto, who has lived in the United States for 21 years, comes from St Gallen in eastern Switzerland. He returned home recently and showed school children how he works his magic. — swissinfo.ch is the international branch of the …

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When political education begins with the army

2019-02-25

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It may come as a surprise to learn that political education is a challenge even in Switzerland with its highly developed system of direct democracy. Nevertheless, the subject has a long history starting in 1875 with the young recruits of the early Swiss army. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation …

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More Job seekers abroad drain Swiss Unemployment Benefits

2019-02-25

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2019-02-25

The number of people drawing on Swiss unemployment benefits while searching for a job in the European Union has risen sharply in the last five years. Foreigners returning home make up the largest share, according to government data analysed by SonntagsBlick.

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Decathlon to expand in Switzerland

2019-02-24

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2019-02-24

The low-cost French sports goods chain has plans to expand in Switzerland. 14 new stores, employing between 500 and 600 staff, are planned for 2019, according to the newspaper 20 Minutes. Many of the new stores will be refurbished Athleticum stores. Décathlon teamed up with Athleticum in 2018.

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Drug makers paid Swiss doctors 12.5 million francs in 2017

2019-02-24

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2019-02-24

Since 2016, drug makers have voluntarily published the amounts they pay to Swiss doctors, who prescribe drugs to patients. In 2017 the sum was CHF 12.5 million, according to the association Science Industries. In 2016, the same figure was CHF 14 million. While drug makers publish the amounts paid, the information published does not always reveal the names of doctors receiving the money.

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Average Swiss rent barely rises over 7 years

2019-02-23

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2019-02-23

Recently published data show that close to 60% of households in Switzerland rented their home at an average cost of CHF 1,329 per month in 2017. Average monthly rents ranged from CHF 752 for a studio up to CHF 2,323 for 6 rooms or more.

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Börsen-Talk vom 22. Februar 2019

2019-02-22

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In der Schweiz werden werden wir noch lange rekordtiefe Zinsen haben, sagt Chefökonom Tom Gitzel im Börsen-Talk. Zudem erwartet er 2019 weitere US-Zinserhöhungen und bezeichnet die Konjunktursorgen als überzogen.

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Declining trend of cross-border workers continues

2019-02-22

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2019-02-22

The number of cross-border workers in Switzerland – except those from France – has dropped for the second consecutive quarter. This marks the second year-on-year decline by quarter in 20 years. According to numbers released by the Federal Statistical Office on Thursday, the fourth quarter of 2018 saw 2,000 fewer people commuting to Switzerland to work compared to the same period the year before.

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Budget 2019 | Tito’s tough talk and tightrope walk

2019-02-21

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Tito Mboweni’s maiden Budget may be enough to stave off a credit negative response from Moody’s but the risk remains that the agency may still downgrade SA’s outlook from stable to negative later this year, albeit not the rating.

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Switzerland’s first female fighter pilot takes to the skies

2019-02-21

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Fanny Chollet is the first woman to qualify as a fighter pilot in Switzerland, having started her training in 2012. --- 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:...

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Switzerland’s first female fighter pilot takes to the skies

2019-02-21

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Fanny Chollet is the first woman to qualify as a fighter pilot in Switzerland, having started her training in 2012. — 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 …

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UBS to appeal record €3.7 billion French tax fraud fine

2019-02-21

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2019-02-21

A French court on Wednesday found Swiss bank UBS guilty of illicit solicitation and laundering of the proceeds of tax fraud, imposing a hefty fine of €3.7 billion (CHF4.2 billion). The bank was convicted of illegally helping wealthy French clients evade tax authorities in France. UBS, its French subsidiary and three of its former executives have also been ordered to pay civil damages of €800,000.

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UBS Shares Tumble As French Judge Slaps Bank With $5.1 Billion Tax Evasion Fine

2019-02-20

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2019-02-20

In a landmark ruling that sent a clear message to other banks battling misconduct investigations in French courts, a Paris court on Wednesday found UBS guilty of having actively helped some of its wealthy French clients hide money from French tax authorities in undeclared Swiss bank accounts, and ordered the bank to pay a $5.1 billion fine.

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La Dépossession façon BNS. Entretien ORBIS TERRAE

2019-02-19

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2019-02-19

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L’ouvrage de Vincent Held aborde une série de sujets brûlants : la politique d’affaiblissement du francs suisse menée par la Banque nationale suisse (BNS), l’imbrication de cette politique avec celles des banques privées suisses, la politique d’acquisition d’obligations d’Etat en dollars et en euros au détriment de la constitution d’un véritable fonds souverain… Le livre de M. Held touche au cœur nucléaire de la prospérité helvétique. Et ce qu’il...

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Ministers make the case for tax and pension reform package

2019-02-19

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2019-02-19

The Swiss government has launched its campaign in favour of the upcoming national vote on a reform of the corporate tax and pension systems. Ministers for health and finance, Alain Berset and Ueli Maurer, presented their case at a press conference on Monday, urging citizens to vote ‘yes’ on May 19.

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Martin Buyle, CEO Orell Füssli

2019-02-18

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Martin Buyle spricht über die wichtigsten Meilensteine der langen Firmengeschichte, über das Orell Füssli der Zukunft und er definiert, was sein Nachfolger mitbringen sollte.

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The Reformed Church welcomes career changers

2019-02-18

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The Reformed Church is low on new recruits. It has now launched a special training course to attract the next generation. The Reformed Church is low on new recruits. It has now launched a special training course to attract the next generation, offering them the chance to become a vicar in just three years, rather … Continue...

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Older jobless struggle to find work

2019-02-18

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The long-term unemployed have a tough time finding a new job, especially if they’re over 50. An estimated 100,000 people in Switzerland are jobless and no longer qualify for unemployment benefit, so they’re on welfare. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and …

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Wabco car systems manufacturer moves HQ to Switzerland

2019-02-18

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2019-02-18

Car systems manufacturer Wabco Automotive has opted to move its global headquarters from Brussels to the Swiss capital, Bern. The company has plans to set up a competence centre in autonomous driving in collaboration with Swiss universities. “Switzerland is world-renowned for providing a highly favorable environment for breakthrough innovations and offers many distinct advantages for corporate headquarters,” said chairman and CEO Jacques Esculier...

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