Brought to you by Investec Switzerland. The SMI is set to end the week modestly lower along with global stocks after earnings reports from pharmaceuticals heavyweights Roche and Novartis fell short of analyst’s estimates. Global markets experienced another volatile week amid ongoing speculation over whether central banks will come to the rescue of turbulent financial […]
The diet and beliefs that disqualified one man from Swiss military service
20 Minutes. For some, exclusion from compulsory military service would be great news. For one 19-year-old from Valais in Switzerland it came as a huge disappointment. He sees Military service as something that brings valuable experience. Unfortunately for him he was declared unfit for service. Why? Because he is a vegan and won’t eat meat […]
Days of unfettered drug price increases over, Novartis head says.
Brought to you by Investec Switzerland. The soaring cost of some medicines has sparked a controversy that’s hampered drugmakers’ ability to raise prices in their biggest and most profitable market. Novartis AG Chief Executive Officer Joe Jimenez figures the golden days of unfettered price increases are over in the U.S. “Those days are over,” Jimenez […]
Should migrants be forced to learn the host country’s language?
Le Matin. According to The Times, migrants in Britain who failed to improve their English would lose the chance to remain there as part of a drive to bring Muslim women into mainstream society. Speaking to the British newspaper Prime Minister David Cameron announced a £20 million fund for teaching female muslims to speak English. He wants to bring […]
Watch free rider’s narrow escape from an avalanche in Switzerland on Sunday
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 […]
