Category Archive: 3.) Swissinfo Business and Economy

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What Covid-19 tells us about the pharma industry

2023-12-18

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Switzerland is the home of some of the world’s biggest pharmaceutical companies. But when it comes to coronavirus vaccines, the Swiss pharma giants are not part of the discussion. How did they miss out? Or did they? And what does it mean for the next pandemic? Please sign up for our Free newsletter on Swiss Democracy.   SWI swissinfo.ch is a public service media company based in Bern Switzerland. It publishes independent news and information in...

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How to catch a child sex offender

2023-12-18

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The case of a Swiss couple abusing Indian children –  and getting away with it –  shows the limits of the international police network. Please sign up for our Free newsletter on Swiss Democracy.   SWI swissinfo.ch is a public service media company based in Bern Switzerland. It publishes independent news and information in 10 languages about Switzerland for a global audience.

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Crypto – a spy thriller made in Switzerland

2023-12-18

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Multiple spy agencies, secret documents, international intrigue, and a Swiss company's encryption machines are at the heart of this episode. But does anybody really know the whole story? Please sign up for our Free newsletter on Swiss Democracy.   SWI swissinfo.ch is a public service media company based in Bern Switzerland. It publishes independent news and information in 10 languages about Switzerland for a global audience.

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Why women’s suffrage took so long

2023-12-18

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Switzerland is celebrating a rather awkward anniversary this year. It was only 50 years ago that women got the right to vote at the federal level. What was the hold-up? And what’s still holding women back today? Please sign up for our Free newsletter on Swiss Democracy.   SWI swissinfo.ch is a public service media company based in Bern Switzerland. It publishes independent news and information in 10 languages about Switzerland for a global...

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Swiss elections: low voter turnout explained | #switzerland #elections #vote

2023-11-19

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Switzerland, a model democracy, is tired of politics. 🗳️⁠ ⁠ This is how some have analysed the turnout at the most recent Swiss elections. ⁠ ⁠ At 46.6%, voter turnout is admittedly slightly higher than in 2019 (45%). But as has always been the case in recent decades, more than half the electorate failed to turn out at the polls. ⁠ ⁠ Here are two possible reasons for this. What do you think about it? ⁠ ⁠ Click here to see how the Swiss Abroad voted...

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Swiss government data affected by cyber-attack on Basel firm

2023-11-14

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2023-11-14

The software company Concevis has been the victim of a cyber attack. Once again, federal government data is involved. The cybercriminals are threatening to publish the data on the darknet.

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Glencore buys Teck’s coal assets in billion dollar deal

2023-11-14

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2023-11-14

Commodities giant Glencore is taking control of Canadian Teck's steelmaking coal business.

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Zurich Airport hits pre-pandemic traffic level in October

2023-11-14

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2023-11-14

For the first time, the same number of passengers flew through Zurich Airport in October as before the coronavirus pandemic. The number of passengers rose significantly compared to the same month last year.

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Swiss Post readies for holiday rush amid slight parcel dip

2023-11-14

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2023-11-14

Black Friday, Cyber Monday and then Christmas shopping: many people in Switzerland will go on a shopping spree at the end of the year. However, Swiss Post is expecting a slightly lower flood of parcels this year than in 2022.

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Swiss rental prices for apartments continue to rise

2023-11-13

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2023-11-13

In Switzerland, rents for apartments on the market continued to rise in October. However, there were clear differences in the individual cantons. Across Switzerland, rents for new and re-rentable apartments - the so-called asking rents - rose by 0.4% in October compared to the previous month, according to the Homegate rent index published on Monday. The index advanced by 0.5 points to 123.8 points. 

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Swiss banks spend more on online advertising but lag in AI

2023-11-09

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2023-11-09

Retail banks have increased investment in digital marketing by 16% in a bid to attract younger clients. 

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Swiss government wants to lower licence fee to CHF300

2023-11-08

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2023-11-08

The government wants to reduce the annual radio and television licence fee from the current CHF335 ($372) to CHF300 by 2029. The turnover threshold for companies to qualify for exemption has been raised from CHF500,000 to CHF1.2 million.

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Switzerland scraps electric car tax exemption

2023-11-08

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2023-11-08

Anyone who owns an electric car in Switzerland will have to pay automobile tax from January 1. The Federal Council decided on Wednesday to repeal this tax exemption for electric cars, which has been in effect since 1997.

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No real wage growth expected in 2024: UBS survey

2023-11-08

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2023-11-08

Purchasing power in Switzerland is likely to remain under pressure next year. Companies surveyed by UBS want to pay their employees more wages for 2024, but higher salaries cannot compensate for the inflation.

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Swiss potato harvest expected to drop by a third

2023-11-04

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2023-11-04

This year's potato harvest has been disappointing with growers expecting a drop of around a third compared with recent years. Yields are still difficult to estimate at the moment. The final figures will not be known until early December, Ruedi Fischer, President of the Swiss Potato Growers' Association (USPPT), told press agency Keystone-SDA.

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Will a project to reintroduce European bison into Swiss forests work?

2023-11-04

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2023-11-04

The European bison, a species that differs slightly from its north American cousin, died out in Europe. Now it is to be reintroduced in Switzerland. Can a densely populated country tolerate such a large wild animal?

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Credit Suisse wins London lawsuit over RMBS-linked notes

2023-11-03

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2023-11-03

Credit Suisse on Friday won a lawsuit at London’s High Court over the sale of $100 million (CHF90.47 million) of notes linked to residential mortgage-backed securities.

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Swiss authorities reportedly mull new rules to prevent bank runs

2023-11-03

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2023-11-03

Swiss authorities and lenders, including UBS, are discussing new measures to prevent bank runs after Credit Suisse’s last-ditch rescue earlier this year, four sources familiar with the matter told Reuters.

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What CERN’s next-generation particle collider could look like

2023-10-31

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Scientists at the European Organization for Nuclear Research (CERN) near Geneva are taking the next steps towards creating a huge particle collider. With the Future Circular Collider (FCC), they want to search for new physics and answer fundamental questions about our universe. We visited the CERN sites to learn more about particle physics and their plans. Particle colliders have been used since the 1950s to help physicists explore the laws of the...

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Stablecoins explained

2023-10-24

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The rapid proliferation of cryptocurrencies has been matched by massive swings in their value relative to traditional currencies. This means that cryptocurrency holders can never be certain of their purchasing power. Enter stablecoins, a form of cryptocurrency that is backed by traditional currencies (such as the Swiss franc or US dollar), or other assets such as gold or oil. Cryptocurrencies are run on Distributed Ledger Technology systems like...

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