Last weekend over 32,000 people turned up to visit the sites of the ongoing construction of what has been dubbed Geneva’s “project of the century”. When complete the project will connect the train networks of France and Geneva to create a seamless link between Cornavin, Geneva’s central train station, and Annemasse in France. In addition, […]
Switzerland ranked best place to grow old. Why?
Switzerland did not have the longest life expectancy or the highest score on relative mental well-being. It did not have lowest old age poverty rate and it wasn’t perceived as the safest place for an older person to walk alone. So why did it rank as the best place to live in old age in […]
Switzerland bans Volkswagen sales
On Friday the Swiss Federal Roads Office (OFROU) issued a ban on the sale of certain models of Volkswagen cars in Switzerland. The ban covers all unsold cars that might have devices that can fool emissions tests. According to OFROU calculations, as many 180,000 vehicles might be affected. The ban includes Volkswagen, Audi, Skoda and […]
Even the poorest countries pay for vaccines. Gavi’s Seth Berkley explains why.
A walk in the park. This is the first of a series of interviews of Geneva-based leaders done by Renu Chahil-Graf while walking through Geneva’s green spaces. This week Renu interviewed Seth Berkley, the CEO of the international vaccination organisation Gavi. Seth has been on the cover of the magazine Newsweek, recognised by Wired Magazine […]
Rare super moon lunar eclipse coming to the sky near you
This coming Monday a rare super moon lunar eclipse will be visible from Switzerland. It is known as a super moon eclipse because the moon is at its closest to the earth, appearing 14% larger. Only five have occurred since 1900. The last was in 1982 and the next will be in 2033. In addition […]
Swiss market down, watch sector dented, expat rating slumps, Zurich, Actelion, Nestlé
25 September 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial markets news The Swiss Market Index extended losses this week as concerns that… Read more. Swiss economic news Swiss watch exports fall as Apple watch dents demand. Switzerland’s expat rating slumps… Read more. Swiss company news Zurich […]
Swiss company news: Actelion, Zurich, Nestlé
25 September 2015 Brought to you by Investec Switzerland. Zurich Insurance Group abandons RSA bid Zurich Insurance Group AG abandoned an offer for RSA Insurance Group Plc because it expects a loss in its own general insurance business in the third quarter and will conduct a review of the unit. Zurich expects a loss of […]
Swiss economic roundup
25 September 2015 Brought to you by Investec Switzerland. Swiss watch exports fall as Apple watch dents low-end demand Swiss watch exports fell in August, heading for the first annual decline in six years amid signs that competition from Apple Inc.’s smartwatch may be denting demand for low-end timepieces. By Thomas Mulier (Bloomberg). Read more. […]
Swiss equity market lower, Fed confirms on track for 2015 rate hike
25 September 2015 Brought to you by Investec Switzerland. Swiss markets hit by global fears The Swiss Market Index extended losses this week as concerns that global growth is faltering spurred investors to sell equity assets. In Europe, stocks came under further pressure after automobile giant Volkswagen admitted cheating on US emissions tests. Fed talks […]
Swiss health premium increases spark shock and anger
On 24 September 2015 the Federal Public Health Office (OFSP) announced basic Swiss health insurance premium increases for 2016. Many are in a state of shock. The average increase across all cantons and insurance companies is 4%, however this number masks huge rises for some. Increases vary significantly by canton, insurance company, level of deductible […]
