6 May 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss stocks fell significantly this week, underperforming global equities, amid renewed global growth worries and a poor performance from financial heavyweights. Stock markets across the world tumbled after weaker-than-expected manufacturing data out of China revived fears around global growth prospects. In the […]
Geneva gives away 1000 free hotel nights
Rather than taking the strong franc lying down, Geneva Tourism has decided to offer 1,000 free hotel nights to draw travelers to the city. Geneva has done well scooping up travel awards. In 2014 and 2015 the city was crowned Europe’s best weekend city break destination ahead of cities such as Paris, London, Rome, Istanbul, Madrid, Lisbon, […]
Price watchdog says intercity Swiss rail prices too high
24 Heures. According to Stefan Meierhans of Switzerland’s price watchdog Surveillant des prix, train journeys between Geneva and Lausanne, and between Bern and Zurich are too expensive when compared to prices abroad. The price watchdog Surveillant des prix operates under a law passed in 1985, updated in 2013, and designed to keep an eye on the prices of a […]
Crossing lake Geneva – a short film
The Tribune de Genève recently posted a 360 degree film of the journey across the city end of Lake Geneva. The camera is fixed to the top of the regular boat that crosses the lake between Eaux-Vives and Pâquis, a journey of around 4 minutes. This particular trip takes you past Geneva’s iconic jet d’eau […]
Secretly filmed teacher files legal complaint against Swiss pupils
24 Heures. Live video streaming has been invading classrooms across the canton of Vaud. Mobile phone apps such as Periscope, launched in early 2015 with the tag line: “Explore the world through the eyes of others”, has turned the world of some Vaud teachers and school children upside down. After being secretly filmed by students […]
Swiss cabinet member walks out over immigration clash
24 Heures. Last week Swiss federal councillor Simonetta Sommaruga walked out of parliament after being harshly criticised by members of the Swiss people’s party (UDC/SVP) during a debate about extending the free movement of people to Croatia. Under the terms of the European Union agreement on the free movement of people, Switzerland is required to […]
Europe’s bitterest takeover battle continues in Switzerland
Brought to you by Investec Switzerland. The main players in Europe’s most hostile bid situation are digging in. Saint-Gobain said last week that its bitterly contested plan to take control of building materials rival Sika was still a strategic priority — even though the Swiss target’s board and minority shareholders are prepared for a multi-year […]
Why people power and peace movements still matter
Renu Chahil-Graf takes a Walk in the Park with Colin Archer, Secretary-General of the International Peace Bureau to discuss the importance of people power and peace movements. The sounds of war drown out calls for peace Listening to Colin Archer, one understands why he chose Geneva’s Botanical Gardens for his walk. Not only does he consider this […]
Swiss stocks underperform as central banks put policy changes on ice
29 April 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss equities are expected to finish lower this week, underperforming global stocks after the Federal Reserve and the bank of Japan held off on policy changes, mirroring last weeks “wait and see” stance of the European Central Bank. U.S. central bankers skipped […]
Confusion surrounds start date of tighter Swiss naturalisation rules
GHI. Expected to come into force on 1 January 2017 across the country, confusion now surrounds the date the new rules will take effect, reports the Geneva weekly newspaper GHI. Bernard Gut, director of Geneva’s population and migration office (OCPM), told RTS in early March the new rules would be applied from 1 January 2017. Now […]
