Swiss Corporate Merger Activity Dampened by Covid
2021-01-23
The coronavirus pandemic left its mark on mergers and acquisitions (M&A) in Switzerland last year. The volume of transactions halved, and the number of deals was also down. Overall, the number of transactions with Swiss participation fell from 402 to 363. At $63.1 billion (CHF56 billion), the transaction volume was only half what it was in 2019 – mainly owing to the absence of mega-deals, consultants KPMG said on Thursday.
Economic outlook for Switzerland in 2021
2020-12-30
Have the Swiss and European Union economies already been through the worst, or will the pandemic cause more damage in 2021? Keystone / Martin Ruetschi
Lockdown, home office, travel bans. The pandemic has shaken up the economy, but its disruptive power is having a selective effect. While the pharmaceutical industry is sailing through the crisis unscathed, the watch industry is being hit harder than any time since the last world war. What is the future of Switzerland as a location for business, work and research?
This content was published on December 30, 2020 – 11:00
December 30, 2020 – 11:00
Relocation of the global villageTraditionally, the Swiss economic year would start with a bang in January, with the World Economic Forum (WEF) annual meeting in Davos. Last year, the WEF was
Life as an expat in Swiss cities: the good news and the less good news
2020-11-28
From tip-top transport in Basel to housing headaches in Geneva, foreign residents share what they love and loathe about the four Swiss cities featured in the Expat City Ranking 2020.
This content was published on November 26, 2020 – 09:00
November 26, 2020 – 09:00
Thomas Stephens
Born in London, Thomas was a journalist at The Independent before moving to Bern in 2005. He speaks all three official Swiss languages and enjoys travelling the country and practising them, above all in pubs, restaurants and gelaterias.
More about the author
| English Department
Of the 66 cities in the latest list, published by InterNations on Thursday, Basel rates highest (24th), ahead of Lausanne (28th), Zurich (37th) and Geneva (48th).The Expat City Ranking 2020The Expat City Ranking is based on the
Nuclear plant worker’s cancer judged not to be a work-related illness
2020-11-20
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.
Techonology firm Ruag International to cut more jobs
2020-10-14
The Swiss aerospace and armament company, Ruag, says it will shed up to 150 jobs by the end of next year due to the coronavirus crisis.
Zurich invention may be used in Fukushima nuclear clean-up
2020-10-01
Researchers in Zurich have developed a filter membrane made of whey proteins and activated carbon that can clean contaminated radioactive water. They hope to deploy their invention at the site of the Fukushima nuclear disaster in Japan.
Swiss regulator censures Bank Syz over money laundering
2020-09-26
The Swiss financial market regulator FINMA has reprimanded Bank Syz for breaching money laundering rules involving a business relationship with an Angolan client.