Category Archive: 3.) Swissinfo Business and Economy

UBS questioned by US Senator over $350 million tax evasion case

UBS Group AG was asked by a powerful US lawmaker about whether the bank it acquired, Credit Suisse Group AG, failed to report an American accused of evading taxes on $350 million (CHF307 million) in income.

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When a quirky Swiss restaurant in Appenzell became a victim of its own success | #swiss #tourism

Influencers help to tempt tourists to “must see” Swiss sites, sparking fears about over-tourism. A Swiss tourism boss reveals how the industry reacted when influencers' tips attracted hoards of visitors to the quirky Aescher mountain restaurant in Appenzell. #tourism #swiss #suisse #nature --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss...

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Swiss drummer Jojo Mayer fuses drumming with cutting-edge technology | #switzerland #drums

Watch the video on our YouTube channel to check out the full interview. --- 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.

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US and Switzerland to exchange data to track tax dodgers

The two countries plan to exchange financial data from 2027 to help both sides track down tax evaders. A corresponding new agreement was signed in Bern on Thursday, Switzerland’s finance ministry announced, although Swiss law will have to be amended before the change can be implemented.

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The future of music: how Swiss drummer Jojo Mayer uses technology on stage | #drums #switzerland

The full interview with Swiss drummer Jojo Mayer is finally out! Watch it now on our YouTube channel! ??⁠ --- 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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Jojo Mayer: Redefining Drumming with Generative Technology

He is one of the most influential drummers of recent decades, known both as a skilled technician and a visionary. Jojo Mayer talks to us about technology, tradition – and the future of music. Chapters: 0:00 – Intro 0:43 – Research and development in Zurich 2:18 – How does his generative machine work? 10:42 – Talk in Ascona about New York and Switzerland 17:49 – How can AI shape the future of music? 22:06 – Outro. “Why are we still doing this?”...

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Swiss drummer Jojo Mayer discusses his artistic growth in the US | #drums #music #ai

Can a computer read a drummer's mind and play with him on stage? ??⁠ ⁠ Jojo Mayer is one of the most influential drummers of recent decades and is now experimenting with a generative machine that can play with him on stage.⁠ ⁠ But how did it all start? Hit the "Notify me" button to watch the full interview when it goes live. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report...

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Lufthansa Group to levy new environmental fee from 2025

Flying will become even more expensive next year when the Lufthansa Group starts charging a new type of environmental fee for flights. The fee will also be introduced at SWISS and Edelweiss.

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High immigration from Europe reflects strong Swiss employment growth

Around 68,000 people moved to Switzerland from other European countries in 2023, attracted by the job opportunities, the Swiss authorities said on Monday. This is the second-highest figure since the agreement on the free movement of persons between the European Union and Switzerland came into force over 20 years ago.

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‘Balancing growth and sustainability is the challenge of the century for the tourism sector’

In 2024, the tourism and travel industry is expected to reach, or even exceed, pre-pandemic levels. Francisco Betti is the co-author of a report on world tourism for the World Economic Forum (WEF). He believes firmly in the key role of technological progress in making the sector sustainable in the next 20 years.

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Migros moves ahead with downsizing plans

Migros is slimming down further. A buyer has been found for Melectronics, the Group announced on Tuesday. The retailer also intends to divest further subsidiaries. This will result in additional redundancies.

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‘Financial equalisation’ between Swiss cantons to increase in 2025

Redistribution payments between regions will rise by 4.8% to CHF6.2 billion ($6.91 billion) in 2025, the Federal Finance Administration (FFA) said on Tuesday.

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Ticino approves lower taxes for the wealthy

High incomes in the Swiss canton of Ticino will in future benefit from tax relief. A corresponding amendment to the law was approved by voters on Sunday. Compensatory measures for planned pension cuts for cantonal employees were also approved.

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Switzerland’s healthcare votes explained | #switzerland #healthcare #vote

Health insurance premiums are a growing burden for Swiss households. On June 9, the Swiss will vote on two initiatives aimed at capping health costs. While the Social Democrats want to limit health insurance premiums to 10% of a household’s income, the Centre party wants to introduce a mechanism to force the state to curb the rising costs. Do these two initiatives convince you? --- swissinfo.ch is the international branch of the Swiss...

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Are we losing the race to control ‘killer robots’? | Listen to our Inside Geneva #podcast

New lethal autonomous weapons are now becoming established in modern warfare. In the latest episode of our Inside Geneva podcast, we discuss their use and their regulation. Tap on the video on our main channel to listen to the full episode. --- 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...

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Jehisson Santacruz playing the Colombian kuisi

Jehisson Santacruz is a Colombian artist who's been living in exile in Switzerland since 2019. He fled his home country more than once because of death threats. As part of the Colombian diaspora, he was able to take part in the search for testimonies launched by the Truth Commission, that's working to rebuild the national identity, giving a voice to the civil war's victims. He's very passionate about the arts and traditions of Colombia and played...

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Drug pricing explained | how are drug prices determined? #switzerland #drugs #price #pharma

This week we've talked about the world's most expensive drug. Zolgensma, a one-off treatment for infants born with a rare and often fatal genetic disease, came to the market at an eye-watering $2.1 million. But how are drug prices determined? And why do they change from country to country and over time? Watch the full video on our YouTube channel and find out. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation...

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SNB returns to quarterly profit thanks to Swiss franc weakness

The Swiss National Bank (SNB) returned to a quarterly profit because of the weakness of the Swiss franc, potentially helping officials to rebuild the central bank’s depleted capital base. The Zurich-based institution notched up a gain of CHF58.8 billion ($64 billion) in the first quarter, according to a statement on Thursday. That’s the strongest start to the year on record.

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CERN, hypersonic planes and archaeology are the focus of our #science #podcast, The Swiss Connection

Check out new episodes of the 'Swiss Connection' science podcast. Search for ‘The Swiss Connection’ on Apple Podcasts, Overcast, Spotify, or wherever you get your podcasts. https://www.youtube.com/playlist?list=PLfpcqY4d92c6mVUR9ZGjZgTAu_XkMmRxE --- 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...

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The Rwandan genocide: 30 years on | Listen to our Inside Geneva #podcast #Rwanda #genocide

In today's episode of our Inside Geneva podcast we look at the Rwandan genocide, 30 years after the slaughter of an estimated 800,000 Tutsis by Hutu militias. Why couldn't we stop it? And have we learned anything from it? Listen to our podcast to find out: ?Apple podcasts: https://podcasts.apple.com/ch/podcast/the-rwandan-genocide-30-years-on-witnessing/id1506227169?i=1000652583204 ?Spotify:...

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