Category Archive: 3) Swiss Markets and News

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Covid, November 24: Switzerland’s infection rate continued to slow over the weekend

Over the weekend, Switzerland averaged 3,250 new daily recorded cases (9,751 over 72 hours). This represents a significant drop from the daily peak of 10,128 cases reported on 5 November 2020.

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Revelation Of The Method

There is one question very few are asking. Even on the most obscure blogs or conspiracy forums, we don’t find serious discussion of it.

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Covid: only the vaccinated get to travel abroad, suggests Swiss infectious disease expert

Resistance to vaccinations is significant in Switzerland. A survey done in November 2020 suggests only 16% of the population would get vaccinated immediately if there was an approved Covid-19 vaccine, reported 20 Minutes.

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Swiss government promises one billion francs for Covid hit businesses

This week, Switzerland’s federal government decided to increase aid money to Covid hit businesses to CHF 1 billion.

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Coronavirus biggest concern among Swiss, according to survey

The coronavirus pandemic and its consequences rank at the top of the list of Swiss concerns in 2020, according to a recent survey.

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Nuclear plant worker’s cancer judged not to be a work-related illness

The Federal Court has dismissed the appeal of a former employee of two Swiss nuclear power plants who was diagnosed with bladder and prostate cancer. The man took legal action after the national accident insurance fund refused benefits for an occupational illness.

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What is a Swiss multinational company and what’s their role in the economy?

Switzerland is home to big players in the raw materials, food and chemicals industries. The alpine country boasts one of the world’s highest concentrations of multinational headquarters. You might wonder: where does its attractiveness come from? Switzerland offers many advantages to large businesses: economic stability, a strong financial sector, qualified workers, a geographic location at the heart of transport networks – and an advantageous tax...

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Covid, November 19: Swiss ICU numbers reach new peak as infection rate moderates

Over the last 48 hours, Switzerland’s Federal Office of Public Health (FOPH) reported a further 227 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,654 since summer and 3,385 since the beginning of the year.

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Why big companies fear the Responsible Business Initiative

Big multinationals in Switzerland have been nearly unanimous in their rejection of an initiative to make companies more accountable for their actions abroad. What are they afraid of?

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Swiss start-up generates electricity from wind power

Switzerland produces less wind power than other European countries but has ambitious future targets. A Lugano start-up is developing drones to generate electricity from high-altitude winds. Winds, especially at high altitude, offer huge potential as an alternative renewable energy source to help solve the climate crisis.  In Switzerland, the main source of energy is hydropower. Building large wind turbines, especially in Swiss valleys, is...

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Covid, November 16: 198 deaths in Switzerland over weekend as infection rate slows

Over the last 72 hours, Switzerland’s Federal Office of Public Health (FOPH) reported 198 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,427 since summer and 3,158 since the beginning of the year.

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Ex-Credit Suisse boss recruited by Rwandan government

Tidjane Thiam, who resigned as CEO of Swiss bank Credit Suisse in February, has been tasked with using his connections to build up the Rwandan capital Kigali as an international business location, according to Swiss business newspaper Handelszeitung.

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Will vaccination campaign convince hesitant Swiss?

Faced with considerable public scepticism towards a Covid-19 vaccine, the Federal Office of Public Health is preparing an information campaign about vaccinations. However, the country’s top hospital hygienist thinks offering incentives is a better way to make people get a jab.

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Vote November 29: Spotlight on ethical business practices

A proposal to make Swiss-based multinationals accountable for their business practices abroad is tabled for a nationwide vote on November 29. An initiative aimed at restricting investments in the arms industry is the second issue on the ballot sheet. 

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Swiss advance plans to take goods transport underground

Building a 500-km tunnel network to transport goods under Central Switzerland is the ambitious aim of the “Cargo Sous Terrain” project. The vision has moved closer to reality since the Swiss government brought forward enabling legislation last month.

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‘Artificial intelligence won’t replace humans’

Artificial intelligence (AI) is gaining ground in our societies, posing a threat to jobs and increasingly invading our private lives. A new centre for AI research at the federal technology institute ETH Zurich wants to put people at the centre of its work.

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Covid: Switzerland to spend 100 million francs more on vaccines

Switzerland’s federal government has increased the amount of money earmarked for SARS-CoV-2 vaccines by CHF 100 million, bringing the total to CHF 400 million.

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Covid, November 13: 553 deaths in Switzerland this week as infection rate slows

Over the 7 days to 13 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 553 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,229 since summer and 2,960 since the beginning of the year. © Sudok1 | Dreamstime.comThe 553 reported deaths this week represent 19% of the total so far, making the last 7 days the deadliest 7-day period since the virus arrived in Switzerland. There are...

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Public worker absenteeism costs Geneva 285 million francs a year

Public worker absenteeism in Geneva costs at least CHF 285 million, according to Heidi.news, which calculated the sum based on information contained in an internal document.

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Swiss multinationals: global heavyweights in high-risk sectors

Home to big players in the raw materials, food and chemicals industries, Switzerland boasts one of the world’s highest concentrations of multinational headquarters.

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