According to Vaud Police, around 5pm on Saturday a man died in an accident at Lausanne train station in Switzerland. After kicking a departing train, he lost his balance and fell between the moving train and the platform dying immediately. The Police were advised around 5pm. Initial reports said that a man had kicked a train […]
Novartis says investigating Turkey bribery allegations: Reuters
Brought to you by Investec Switzerland. Reuters reports that an investigation is taking place after an anonymous whistle-blower accused Novartis of paying bribes through a consulting firm to secure business advantages in Turkey worth around $85 million, citing an email seen by a reporter. The benefits are reported to include getting medicines added to lists […]
Swiss police get tough on noisy motor cyclists, but will it work?
We have all heard them. Those big thundering noisy bikes that stop conversations and leave your ears ringing. Swiss police in Vaud started to crackdown on noise last year and continue to target noise polluters, especially motorcyclists. Why are these motorbikes allowed on Swiss roads? Some are and some are not. Switzerland has adopted EU […]
French airliner dumps fuel in Swiss and Italian airspace
According to the Swiss news service ATS, a Corsair Boeing B747 flying from Paris to Mauritius on Sunday, dropped 70 tonnes of fuel in Swiss and Italian airspace. The aircraft, bound for Mauritius, had technical problems and had to return to Paris to land. Certain aircraft, such as the Boeing B747, have a maximum landing weight […]
Investor sentiment deteriorates after Belgium attacks
25 March 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The SMI finished this Easter week 1.10% lower, tracking losses on global equity markets (-0.71%) following the terrorist attacks in Brussels on Wednesday. Stock markets lost momentum after the attacks as investors failed to find fresh catalysts to keep the five-week […]
Most Afghan girls don’t go to school. How grit and dad got this one to the top.
This week Renu Chahil-Graf goes for a walk in the park with Afghanistan’s UN Ambassador in Geneva Dr. Suraya Dalil, and learns about her journey to the top, and of the men who helped her succeed in a place where only 5% of girls finish school. It started out as a normal school day in Kabul in 1978, […]
Credit Suisse drops trading bombshell and a plan to cut 2,000 jobs
Brought to you by Investec Switzerland. Credit Suisse Group AG Chief Executive Officer Tidjane Thiam dropped a bombshell on investors: Caught off guard by a buildup of illiquid trading positions, the CEO said the bank will probably post a second straight quarterly loss as it unwinds the trades and deepens cuts at that business. Thiam, […]
Richemont group plans watch brand staff cuts
Tribune de Genève. According to the Swiss paper, Tribune de Genève, Richemont, the group which owns the Cartier and Piaget brands could eliminate 170 positions at Cartier and around 120 at Piaget and Vacheron Constantin. 50 posts at Vacheron Constantin in the vallée de Joux in Vaud and 35 at Plan-les-Ouates in Geneva are set […]
Swiss eat ever more cheese and favour homegrown extra-hard ones
According to the Swiss farmers union, 2015 was a bumper year for cheese consumption in Switzerland. The Swiss ate 21.49 kgs each, 260 grams more than in 2014. In total, 180,746 tonnes of cheese were eaten in 2015, 4,314 tonnes more than in 2014. Consumption of fromage frais, soft white cheeses like mozzarella and quark, a cheese […]
How many planets would be needed if everyone lived like the Swiss?
Humans are eating up the earth faster than it can regenerate. And some of us are consuming much more than others. Luxembourgers, the biggest consumers, gobble up natural resources at nearly 40 times the speed of those in Eritrea, the lowest consumers, according to the Global Footprint Network. Adding up global human consumption shows we suck up more from the earth […]
