Autumn has always been a wonderful time to be in Happy Valley. The leaves are changing, and chasse is on the menu at the local auberge. So imagine my anger when I learned that the crisp, pure autumn air I’ve been breathing is perhaps not as crisp and pure as I had thought. I’m speaking […]
Markets end worst quarter in four years. Glencore woes, VW sales ban, Nestlé in Russia, gloom for Swiss watch makers.
2 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss market news Markets end worst quarter in four years Despite equity markets biggest surge in three weeks, global equity markets headed for their worst quarter since 2011 with investors rattled by China’s economic slowdown, uncertainty over Federal Reserve […]
Markets end worst quarter in four years
2 October 2015 Brought to you by Investec Switzerland. Global markets Despite equity markets biggest surge in three weeks, global equity markets headed for their worst quarter since 2011 with investors rattled by China’s economic slowdown, uncertainty over Federal Reserve policy and growing pessimism about corporate earnings. European and US markets continued their retreat early […]
Swiss-based Glencore’s shares plummet after analyst note
On Monday three analysts from the bank and asset manager Investec issued a note that sent shock waves through the mining industry. According to the Financial Times, the worst affected company was the Zug-headquartered Glencore, which saw its shares plummet 29% on the London Stock Exchange. Some in the industry had never seen anything like […]
Lausanne plunged into darkness
20 Minutes. Just before 8pm last night, the centre of Lausanne was plunged into darkness when it was cut off from the electrical grid. A significant part of the Montchoisi area below Lausanne’s main train station was without electricity for nearly three hours. 200 buildings were affected. The outage, which was caused by an exploding […]
Young multicultural Swiss prefer English
A study recently released by ch-x shows that only 28.2% of young people in the academic stream (Gymnase) at high school in French-speaking Switzerland speak German. On the German-speaking side of the rösti graben 40.6% of the same group speak French, still far from a majority. The number speaking a national language, other than their […]
Swiss open criminal proceedings against FIFA president Blatter
The Office of the Attorney General of Switzerland (OAG) opened criminal proceedings against the President of FIFA on suspicion of criminal mismanagement and suspicion of misappropriation. The OAG suspects that on 12 September 2005 Mr. Blatter signed a contract with the Caribbean Football Union, when Jack Warner was its President, that was unfavorable for FIFA. […]
Swiss break alphorn concert record in Milan. An amazing spectacle.
Over the weekend 420 Swiss alphorn players performed a concert in Milan’s Piazza del Duomo. The concert was the largest of it’s kind performed outside Switzerland and will be submitted to the Guinness book of records, according to a post by the Swiss Pavilion of the 2015 Expo in Milan. According to Swissinfo.ch the group […]
Large numbers flock to see Geneva’s “project of the century”
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 […]
