20 Minutes. According to World Health Organisation (WHO) data released this week, Swiss boys born in 2015 will live longer than any other men on the planet. A boy born in Switzerland in 2015 can expect to live on average for 81.3 years, 12.2 years more than the global average of 69.1 years. The lowest […]
Swiss customs sees a huge rise in meat smuggling
Le Matin. Swiss customs couldn’t believe their eyes when they visited the garages of a Vaud resident who they had questioned at a border stop in Geneva. The two garages contained a total of 5,000 kgs of food. Among the stash they found 520 litres of spirits, 1,400 litres of wine, 2,800 kgs of meat […]
Too many Swiss mothers are fired after returning to work
Le Matin. According to statistics from the Conférence suisse des offices de conciliation, 11 cases of dismissal due to maternity were reported in 2013. In addition, there were 6 reported cases of women losing their jobs because they fell pregnant during their job’s trial period. In Switzerland, dismissal is deemed void if it is done during pregnancy or […]
Glencore’s best start to year eases blow from post-IPO slump
Brought to you by Investec Switzerland. Glencore Plc shareholders showing up for the miner’s annual meeting on Thursday can take comfort in the stock’s best ever start to a year. Less so the loss of about half the company’s value since they met 12 months ago and more than 70 percent since a $10 billion […]
Julius Baer says new money short of target in first four months
Brought to you by Investec Switzerland. Julius Baer Group Ltd. said net new money from clients amounted to less than 3 percent of managed assets in the first four months of the year, missing its target. Clients in eastern Europe and Latin American showed “slow momentum,” while customers in Asia reduced borrowings and wealthy French […]
Swiss vote on designer baby controversy
The Swiss Evangelical People’s Party (EVP/PEV) has launched an initiative to counter the law on reproductive medicine, which allows all embryos fertilised outside the uterus (in-vitro) to be genetically tested. Under the law, the use of preimplantation genetic diagnosis (PGD) on foetuses in-vitro is possible for carriers of genetically inherited disorders and for patients undergoing regular fertility treatment […]
Swiss stocks higher on positive earnings releases and brighter inflation signals
13 May 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss stocks are set to close higher this week, outperforming global equities on positive earnings releases and brighter inflation signals. Stock markets around experienced a mixed week as investors weighed Federal Reserve rate hike expectations against gloomy economic data out of the […]
Free legal advice for asylum seekers. Naive or sensible?
With amendments to asylum law, the Swiss government aims to speed up the asylum process, cut costs and ensure a fairer process for asylum seekers. Current asylum claims can last up to 400 days. The revision sets to cap this at a maximum of 100 days and 140 days in exceptional cases. During this period, asylum […]
Zurich Insurance shares up sharply after beating estimates
Brought to you by Investec Switzerland. Shares of Zurich Insurance Group AG headed for the biggest gain in more than four years after Switzerland’s biggest insurer posted a first-quarter profit that beat analyst expectations. The stock rose as much as 5.6 percent, and was trading 5.4 percent higher at 228 francs as of 11:24 a.m. […]
Swiss architect takes client to court to stop home alteration
24 Heures. In 2011, the owners of a home designed by EPFL trained Swiss architect Vincent Mangeat, decided to make some alterations. The modernist masterpiece has a large open terrace at the front, and the owners decided to close the opening to keep out the weather and reduce noise from the nearby road. The proposed change drawn up by another […]
