A freerider was very lucky last Sunday. Snowboarding near Arosa, Kevin Bantli, set off an avalanche. The drama was captured on video by Martin Schläpfer, at Weisshorn, Arosa, Switzerland. Fortunately he was able to outrun the falling snow. The youtube message ends with “To all riders in the Great Mountains – Stay Safe!” Guides no […]
Terrorism and falling stock markets hit Swiss watch exports
Brought to you by Investec Switzerland. Swiss watch exports dropped 3.8 percent in December, led by a plunge in shipments to Hong Kong and ending 2015 with the first annual drop in six years. For the year, shipments slipped 3.3 percent to 21.5 billion Swiss francs ($21.2 billion), the Swiss customs office said in a statement Tuesday. […]
Bern wants to ease Swiss refugee work rules
Le Matin. The Swiss minister of Justice Simonetta Sommaruga wants refugees better integrated into the Swiss job market. Under proposed changes the special 10% tax currently applied to those on certain refugee visas will go. In addition, procedures for employing refugees will be simplified. The Swiss Federal Council (Cabinet) will submit these proposals, designed to remove […]
360 degree video of the Swiss Air Force flying in formation over Alps
In this video, Swiss Air Force Northrop F-5F Tiger jets take to the sky and fly in formation over the Eiger, Mönch and Jungfrau mountains in the Bernese Oberland region of Switzerland. Watching using Google’s Chrome browser allows you to spin the video around during the flight as you would turn your head if you […]
Top 10 places where Swiss emigrate
There is no shortage of news on the number of foreigners living in Switzerland in local Swiss media. However, many Swiss also live abroad. In addition, some countries on the list receive significantly more Swiss than Switzerland receives of their citizens, as statistics released on 25 January 2016 show. In 2015 there were over 760,000 Swiss living beyond […]
Swiss market has a better week
Brought to you by Investec Switzerland. Swiss stocks are set to outperform global markets this week after another volatile session of trading that saw some stock indices suffering losses not seen since the depths of the global financial crisis. Investor sentiment was hit early this week after China recorded its weakest annual pace of growth […]
Solothurn film festival – now on!
For the 51st time the Solothurn Film festival presents 187 long and short films over eight days from 21 to 28 January 2016. The festival will show 29 premières from Swiss film makers under the banner of “Panorama Swiss”. The festival judges will award nine prizes. The public will have a chance to vote and […]
Coop catches up with Migros in global retail ranking
The top 250 global retailers generated aggregated revenues of US$ 4.5 trillion in 2014, up 4.3% on 2013, according to Deloitte. US retailer Wal-mart with sales of US$ 486 billion was the global leader by a wide margin. Tesco PLC from the UK and France’s Carrefour each generated a bit under US$ 100 billion ranking 5th […]
Zurich insurance hit hard by storms
Brought to you by Investec Switzerland. Zurich Insurance Group AG expects its biggest unit to record a second straight quarterly loss after estimating it will pay out $275 million to cover damage claims from storms in the U.K and Ireland. The general insurance unit is expected to post an operating loss of about $100 million […]
Switzerland right to scrap franc cap, economists say
Brought to you by Investec Switzerland. The Swiss National Bank’s surprise decision a year ago to remove its ceiling on the franc was justified, according to the vast majority of economists in Bloomberg’s monthly survey. The SNB abandoned the cap on Jan. 15 of last year, saying interventions to sustain it would have been out […]
