Category Archive: 3) Swiss Markets and News
UberPop service cancelled in Zurich
Car-and-driver provider Uber has decided to drop its UberPop service in Zurich following controversy over its legality. The change does not apply to Basel or Geneva. The change takes effect on Thursday at midday. Zurich UberPop drivers will have three months to get permits that will allow them to chauffeur passengers for pay under the more expensive UberX and UberBlack services.
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Meet the little orange men of Switzerland
Crossing the roads can be a peculiarity in itself! Join Diccon Bewes on the streets of Bern and marvel at the oddities of the Swiss traffic light system. (Diccon Bewes for swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a …
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Would you take a pilotless plane?
Pilotless cargo and passenger planes could be in use within eight years and save airlines billions, according to a report by Swiss bank UBS. But customers remain wary of the new technology despite potential fare reductions. “In the not-too-distant future, we would expect to see a situation where flights are pilotless or the number of pilots shrinks to one, with a remote pilot based on the ground and highly-secure ground-to-air communications,” the...
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Value or growth?
Two of the world’s top fund managers at the #InvestecWealth Forum share the sectors and countries that they’re investing in. Get all forum insights here: invest.ec/2wWpkwK Growth vs value investing is one of the enduring debates within the investment field. Investec Wealth & Investment was privileged to host two of the leading exponents of the …
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When Swiss kids are forced to go hiking
Tama Vakeesan was born in Switzerland – to Tamil parents from Sri Lanka. This week she teams up with singer, Marco Kunz, from Lucerne. They discuss what makes Swiss kids different from foreign kids growing up in Switzerland, everything from the type of sandwiches they take on school trips to TV viewing rights. (SRF Kulturplatz/swissinfo.ch) — …
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Increased demand from Asia helps fill Swiss hotel rooms
The number of overnight stays in Swiss hotels rose by 4.4% in the first half of 2017 compared to the same period the year before. Tourists from India and China were largely responsible for the increase in demand. According to figures released by Federal Statistical Office on Monday, tourists – both domestic and international – spent a total of 17.6 million nights in Swiss hotels during the first semester.
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Addax Petroleum to close operations in Geneva
Chinese-owned oil and gas extractor firm Addax Petroleum is shutting its offices in the Swiss city of Geneva as well as in Aberdeen, Scotland and Houston in the United States. The company on Monday confirmed a report by the Tribune de Genève newspaper, saying its parent firm Sinopec International Petroleum Exploration and Production Corporation (SIPC) would integrate the three offices into a new technical centre in Beijing by the end of this year.
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Stuart Broad introduces the first Day/Night Investec Test Match
Investec ambassador Stuart Broad talks us through the first ever Day/Night Investec Test Match, taking place from Thursday 17 to Monday 21 August at Edgbaston. England will face a determined West Indies side in the first Test of the Investec Series.
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Finding smuggled goods on cross-border coaches
The holiday period is a busy time for customs officers. People travelling by coach may have to face delays as the Swiss border guards don’t always wave the vehicles through, but conduct meticulous searches instead. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland …
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Switzerland: Number of ‘near miss’ plane incidents double
Switzerland’s transport safety authority reports an increase in serious violations of air safety regulations that could have potentially led to collisions. According the 2016 annual report of the Swiss Transportation Safety Investigation Board released end of July, the number of aviation incidents are on the decrease (1,219 in 2016 vs 1,260 in 2015).
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Aldi Switzerland stops selling eggs as insecticide scandal widens
The discount supermarket chain Aldi Switzerland is withdrawing all imported eggs from sale at its 190 stores as a precaution, it said on Friday, as a scare over possible insecticide contamination spreads. Swiss eggs are not affected, officials say.
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Dying men generate higher health costs
Both gender and location influence the cost of end-of-life healthcare in Switzerland, finds a study funded by the Swiss National Science Foundation. In their analysis of 113,277 people who died between 2008 and 2010, researchers studied regional variations in cost of care during the last 12 months of life in Switzerland. Per person, the mean cost of care during that final year was CHF32,500 ($33,540).
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