Latest Switzerland News
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Alcohol abuse linked to domestic violence
Alcohol plays a role in many cases of domestic violence in Switzerland. Almost every second woman who is subject to abuse says that alcohol consumption is a problem in her relationship, according to a ...
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Swiss c.bank should use any franc weakness to unwind intervention -IMF
Tue May 21, 2013 10:00am EDT * SNB could unwind forex positions amid franc weakness * IMF report compiled earlier in May, before franc slide ZURICH May 21 (Reuters) - The Swiss National Bank should use any weakness in the franc to unwind the large foreign currency reserves it has built up to keep a lid on its currency, the International Monetary Fund said in a report released on Tuesday. The SNB ...
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STXNEWS LATAM-GP Investments buys stake in Swiss fund Apen for $33 mln -filing
Tue May 21, 2013 7:03am EDT GP Investments Ltd, the largest Latin American private equity firm, agreed on Tuesday to buy a 26.7 percent stake in Swiss investment Fund company Apen Ltd for $33 million as it seeks to expand the type of assets it manages. The acquisition of the Apen stake will allow GP Investments, which is based in Hamilton, Bermuda, to venture into management of equity ...
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Zurich Insurance Sasar Premium Rm10 Juta Menerusi Produk Baharu
KUALA LUMPUR, 21 Mei (Bernama) -- Zurich Insurance Malaysia Bhd, yang melancarkan dua skim insurans baharu hari ini, yakin produk berkenaan akan menyumbang pendapatan premium RM10 juta untuk syarikat itu dalam tempoh lima tahun, kata Presiden bagi Insurans Am, Sia Chon Ming. Beliau berkata syarikat itu menetapkan sasaran premium sebanyak RM2 juta bagi produk insurans ...
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Swiss First-Quarter Industry Sales Orders Slip on Weak EU Demand
By Neil MacLucas ZURICH--Sales of Swiss machinery and electrical products slid in the first quarter, resuming an 18-month downward slide interrupted only briefly at the end of 2012, as the recession in the euro zone crimps demand for Swiss industrial goods, an industry lobby group said Tuesday. "The change in the business trend hoped for at the start of the year hasn't kicked in ...
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Labour agreement faces social test
As support for the free movement of workers accord with the European Union is waning, Swiss employers and unions agree to combat labour market abuses and to tighten controls, but they remain at loggerheads over the issue of minimum ...
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Should we be concerned about wage dumping
Are measures needed against wage dumping? Do foreign workers really drive down domestic salaries? Up until now, the phenomenon has aroused the most heated discussions concerning less qualified workers in Switzerland. Will it soon also affect engineers, doctors and IT specialists? What's the situation in your country? Share your view and join the ...
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Clock ticks on Swiss banking secrecy
Switzerland is facing mounting pressure finally to abandon its long tradition of banking secrecy. The United States has already told the Swiss government it expects Swiss banks to provide the US authorities with automatic information about US clients. Now the European Union is demanding the automatic exchange of information too, a policy non-EU-member Switzerland will have difficulty avoiding ...
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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