Category Archive: 3) Swiss Markets and News

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Some Swiss Rail ticket machines set to disappear

2018-09-16

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2018-09-16

Ticket machines once replaced many of the people selling ticket from counters. Now the internet and mobile phones threatens ticket machines. As more and more people use dash past ticket machines with an electronic train ticket in their pocket, Swiss Rail is looking at phasing out some machines according to various newspapers including 20 Minutes.

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Basel-EuroAirport rail link should open in 2028

2018-09-16

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2018-09-16

The EuroAirport Basel-Mulhouse-Fribourg Airport should be accessible by rail by 2028. Project leaders are convinced that trains will replace the buses currently connecting the city of Basel to the airport within ten years. The French national railway company SNCF said on Thursday that is it is normal that financing for a project of this magnitude is not yet fully secured in France.

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Swiss agricultural policy costs households 2,500 francs a year, according to study

2018-09-15

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2018-09-15

Broadly, Switzerland’s agricultural sector costs the country CHF 19.9 billion while contributing only CHF 3.4 billion, concludes a study published by the think tank Avenir Suisse. The CHF 19.9 billion cost the report’s authors calculate is made up of tax breaks and direct federal and cantonal payments to the sector (4.9b), the cost of artificially inflated consumer prices due to import restrictions (4.6b), environmental damage (7.3b), and the...

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New long-haul budget airline from Basel launches fundraising

2018-09-14

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2018-09-14

The idea is simple. Keep costs low by flying point-to-point, thus avoiding costly hubs, use one model of aircraft to contain pilot and aircraft maintenance costs, and charge passengers for everything from coffee to checked-in luggage. Southwest Airlines was first to launch the model and copycats like EasyJet followed.

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Is the tide turning for social media platforms in Switzerland?

2018-09-13

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2018-09-13

The Swiss appear to be switching off from social media, according to a survey, which suggests that the image of Facebook and Twitter have taken a hit. Some 55% of the Swiss population used social media in 2017, down 4% compared with a year earlier, a media brand study for the consultancy firm Publicom revealed. The report, published on Wednesday, says that social media lost more users last year than print media.

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Takeovers and trade at heart of minister’s China visit

2018-09-11

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2018-09-11

It is unfair that whilst Chinese investors can buy Swiss companies the reverse is not possible, says economics minister Johann Schneider-Ammann, who is currently on a visit to China. In an interview with the “Schweiz am Wochenende” newspaper, he reiterated his view that this must be rectified. For infrastructure like electricity supply and telecommunications, the government should be able to intervene “if a company is threatened by a foreign...

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Helping Swiss adults who are illiterate

2018-09-10

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Events are being held around Switzerland on Saturday to mark the 30th anniversary of the ‘Read and Write’external link association, whose courses have helped 25,000 adults. September 8 is also International Literacy Dayexternal link. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to …

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What is federalism?

2018-09-10

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In Switzerland, state power is spread over three levels: the federal government, the 26 cantons and the 2,222 municipalities. This system of federalism guarantees Swiss diversity. Political scientist Sean Müller researches this lifeline of democracy in a small but heterogeneous country. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role …

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Older people marginalized on Swiss labour market, says report

2018-09-10

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2018-09-10

Despite recent government optimism about the Swiss economy, older people who lose their jobs are struggling, reports Sunday newspaper “Le Matin Dimanche”. The paper cites figures from the Bern University of Applied Sciences that found only 13.9 per cent of unemployed people over 50 in Switzerland find a stable job again. Many end up on social assistance after their unemployment benefits run out.

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Vaud to cap health insurance premiums at 12 percent of income

2018-09-09

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2018-09-09

Starting in September 2018, health insurance premiums in excess of 12% of income in the canton of Vaud will be covered by the government. From the beginning of 2019, this percentage will be reduced to 10%, increasing the number of people who qualify and the size of the subsidies, according to the newspaper Le Matin.

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Melting glaciers have little impact on Swiss hydropower

2018-09-08

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2018-09-08

Although rapidly melting glaciers provide a temporary boost to Swiss hydropower production, their disappearance does not pose a threat, finds a study from the University of Lausanne. Forecasts predict that glacier melt will slow down between 2070 and 2090. But “fears of a threat to power generation are unfounded”, according to a press release published on Thursday by the Swiss National Science Foundation (SNSF), which funded the study.

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India’s Aurobindo buys Sandoz US assets from Novartis

2018-09-07

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2018-09-07

Swiss pharmaceutical company Novartis announced the divestment of its dermatology and generic tablet portfolios of Sandoz US to India’s Aurobindo Pharma for a $900 million (CHF870 million) cash payment. A possible performance-related payment of $100 million could be added to the purchase price, the Swiss AWP financial news agency reported.

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cash-Talk vom 7. September 2018

2018-09-07

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Trotz steigenden Misstrauens gegenüber den Sozialwerken bleiben viele Schweizer desinteressiert, wenn es um ihre eigene Vorsorge geht. Das wird sich später oft rächen, sagt Vorsorgeexperte Daniel Greber im cash-Talk.

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Zigerhörali (macaroni and cheese from Glarus)

2018-09-05

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Zigerhörali (macaroni and cheese from Glarus) — 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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Novartis chief hints at job cuts in Switzerland

2018-09-04

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2018-09-04

The president of pharmaceutical giant Novartis has announced job cuts in an interview with Swiss newspaper NZZ am Sonntag. Jörg Reinhardt said the Basel-based company wants to streamline its production sites and administration worldwide.

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Testing the new high-speed train ‘Giruno’

2018-09-03

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The “Giruno” is the Swiss Federal Railways’ new high-speed train and the first to be built in Switzerland. The train can reach speeds of 250 km/h, although the maximum speed in Switzerland is 200 km/h, meaning it had to be tested in Germany. Swiss public television, SRF went along on a test run. (SRF/swissinfo.ch) — …

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Recovery operation

2018-09-03

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On September 2, 1998, 229 people died when Swissair flight 111 crashed into the Atlantic off Nova Scotia. Twenty years on, swissinfo.ch looks back at the worst accident in Swiss civil aviation history and the consequences both for airline safety and for Swissair. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). …

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The Swissair flight 111 crash: causes and consequences

2018-09-03

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On September 2, 1998, 229 people died when Swissair flight 111 crashed into the Atlantic off Nova Scotia. Twenty years on, swissinfo.ch looks back at the worst accident in Swiss civil aviation history and the consequences both for airline safety and for Swissair. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). …

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UBS previdenza

2018-09-03

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Si inizia a invecchiare prima di quanto si pensi: voi in quale occasione ve ne siete resi conto? Pianificate la previdenza: https://www.ubs.com/ch/it/private/pension/pension-planning.html

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UBS prévoyance

2018-09-03

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C’était quand votre moment vieillesse? Le temps nous rattrape plus vite qu’on ne le croit. Planifier sa prévoyance: https://www.ubs.com/ch/fr/private/pension/pension-planning.html

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