24 Heures. Swiss authorities have recorded a growing number of cases of girls under the age of 16 being forced into marriage. The Zurich newspaper NZZ am Sonntag recently revealed numbers from a centre in Zurich, that aids victims of forced mariage, showing an increase of nearly 70% in the number of victims in 2016 […]
Researchers in Geneva make cancer breakthrough
A team of scientists at the University of Geneva and the University Hospital of Geneva (HUG) have managed to slow down the progress of a cancer known as lymphoma. Lymphoma, which affects white blood cells known as lymphocytes, typically spreads through the body into the lymph nodes and other parts of the body. The Geneva-based […]
UBS says Switzerland still at risk of real-estate bubble
Brought to you by Investec Switzerland. Risks to the Swiss property market remained elevated in the second quarter of 2016, with rock-bottom interest rates propping up demand for residential assets to be rented out for investment purposes. Still, UBS Group AG’s index experienced a “slight” decrease in the period, according to economists Matthias Holzhey and […]
Credit Suisse dropped from index as european markets feel pressure after bank stress tests
5 August 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis. Pessimism hit European shares at the beginning of the week as sliding oil prices and bank stress […]
Swiss rents drop in July
Rents across Switzerland dropped in July according to real estate website Homegate.ch. Since the index started in January 2009, average rents across the country had risen by 13.9% over the 7 and a half years up to the end of June 2016. By the end of July the total increase was 13.7%, a drop of […]
Swimmer breaks 83 km Lake Geneva swim record by 3 minutes
Le Matin. Spanish swimmer Jaime Caballero made the swim from Villeneuve, at one end of the lake, to Geneva at the other end, to raise awareness for diabetes. Swimming through the night, he left Villeneuve near Montreux, at 3:00pm and arrived in Geneva early the following morning. The 83 km swim took 22 hours and […]
Swiss National Bank’s U.S. equity holdings hit record $61.8 billion last quarter
Brought to you by Investec Switzerland. The value of the Swiss National Bank’s U.S. stock portfolio jumped to a record in June, helped by equity market gains. The holdings climbed to $61.8 billion from $54.5 billion at the end of March, according to calculations by Bloomberg based on the central bank’s regulatory filing to the […]
Author of false alert at Geneva airport must pay
Tribune de Genève. According to Pierre Maudet, Geneva’s state councilor in charge of security, the cost of last week’s false alarm should not be borne by taxpayers. Last Wednesday, a French resident falsely warned that someone was carrying a bomb in the French sector at Geneva airport. Her motive was to prevent her husband and […]
Mastering English is not enough to build a career in Switzerland
24 Heures. According to report put together by Zurich head hunting firm Schilling Partners, building a career in Switzerland, requires more than mastering English. The firm, which works with SMEs and large corporates, says linguistic ability is central to choosing managers for companies that span all of Switzerland. The ability to communicate in German and […]
Switzerland has world’s priciest Big Macs. So eat Swiss chocolate instead.
The Economist invented the Big Mac index in 1986 as a tongue-in-cheek guide to currency valuations. Because the well-known burger is the same throughout much of the world, the magazine thought it could be used as a measure of how over or undervalued a currency was. An overpriced burger suggests an overvalued currency and a […]
