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Switzerland expects bumper summer for tourism

Switzerland expects bumper summer for tourism

The Äscher-Wildkirchli guest house in Alpstein is a favourite tourist spot. Keystone / Gian Ehrenzeller Swiss hotels and holiday hotspots are looking forward to another record summer with Chinese guests in particular predicted to boost overnight stays by 0.4%, according to the KOF Swiss Economic Institute. This content was published on May 28, 2024 –...

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‘Holidaymaker fees must benefit everyone’: Switzerland Tourism

‘Holidaymaker fees must benefit everyone’: Switzerland Tourism

Tourists flock to the picturesque Swiss village of Lauterbrunnen every year. KEYSTONE/© KEYSTONE / ANTHONY ANEX Charging entrance fees at popular Swiss holiday hotspots only makes sense if overseas guests also gain from the levy, says the Swiss tourism industry. This content was published on May 21, 2024 – 13:38 Do you want to read...

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Swiss retailer Migros starts restructuring with 150 job losses

Swiss retailer Migros starts restructuring with 150 job losses

Swiss supermarket chain Migros is embarking on a major restructuring programme KEYSTONE/© KEYSTONE / GAETAN BALLY The Swiss Migros supermarket chain has started its downsizing programme with the loss of 150 jobs. This is around 10% the total number of expected lay-offs. This content was published on May 21, 2024 – 11:57 Do you want...

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China’s BGG establishing new HQ in Switzerland to pursue double business growth in five years

China’s BGG establishing new HQ in Switzerland to pursue double business growth in five years

The facility in Basel will operate as BGG World and be managed by newly appointed CEO Jürgen Nelis, supported by Global Commercial Director Thomas Adler, to spearhead the company’s international corporate strategy. The opening of this new headquarters represents a “significant leap forward” for the firm’s expansion efforts, as it seeks to build on more...

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Switzerland navigates own course through inflation maze

Switzerland navigates own course through inflation maze

Various central banks must pick a different path through the maze of inflation. KEYSTONE Central banks around the world are keeping savers and homeowners guessing about interest rates. Switzerland broke ranks with a drop in rates in March, from 1.75% to 1.5%. But predicting the future direction of interest rates is made more difficult by...

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Swiss Army Knife set to release a new pocket tool — without a knife — citing ‘violence in the world’

Swiss Army Knife set to release a new pocket tool — without a knife — citing ‘violence in the world’

The manufacturer of the iconic Swiss Army Knife said that’s releasing a new multi-tool that comes without a knife. The pocket tool-maker Victorinox’s CEO Carl Elsener said in an interview with Swiss media outlet Blick that the company is “concerned about the increasing regulation of knives due to violence in the world.” “We’re actually working...

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New Swiss Army Knife model to eliminate the knife – UPI.com

New Swiss Army Knife model to eliminate the knife – UPI.com

The maker of Swiss Army Knives is in the “early stages of developing pocket tools without blades” due to weapons regulations around the world. File Photo by Gabriel Monnet/EPA-EFE May 8 (UPI) — The maker of the Swiss Army Knife is taking the knife out of the century-old pocket tool’s latest model due to weapons...

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Sharp rise in foreign investments in Switzerland in 2023

Sharp rise in foreign investments in Switzerland in 2023

While the number of foreign investment projects in Europe fell by 4%, in Switzerland it shot up by over 50%. Keystone / Christian Beutler While investments by foreign companies in Europe declined last year, significantly more was invested in Switzerland than in 2022. This content was published on May 2, 2024 – 11:39 The number...

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Verdict saying Switzerland violated rights by failing on climate action could ripple across Europe

Verdict saying Switzerland violated rights by failing on climate action could ripple across Europe

STRASBOURG, France (AP) — Europe’s highest human rights court ruled Tuesday that countries must better protect their people from the consequences of climate change, siding with a group of older Swiss women against their government in a landmark ruling that could have implications across the continent. The European Court of Human Rights rejected two other,...

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Esprit Switzerland stores to close after bankruptcy – SWI swissinfo.ch

Esprit Switzerland stores to close after bankruptcy – SWI swissinfo.ch

Esprit complained that the cost of renting high street units was too high. KEYSTONE/© KEYSTONE / CHRISTIAN BEUTLER The Swiss branch of the popular high-street fashion retailer Esprit has gone bust, it was announced on Tuesday. This content was published on March 26, 2024 – 15:52 Do you want to read our weekly top stories?...

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A top Jewish group in Switzerland slams an antisemitic sign purportedly by a local ski rental stand

A top Jewish group in Switzerland slams an antisemitic sign purportedly by a local ski rental stand

GENEVA (AP) — Switzerland’s main Jewish organization on Monday denounced an antisemitic sign put up at a local ski shop near Davos, barring Jews from renting equipment from the store. Regional police opened an investigation. The sign on Pischa Mountain above Davos, a town known for hosting the annual World Economic Forum meeting of global...

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Swiss retail chain Migros to shed jobs and sell-off subsidiaries – SWI swissinfo.ch

Swiss retail chain Migros to shed jobs and sell-off subsidiaries – SWI swissinfo.ch

Migros subsidiaries, such as Hotelplan, are now deemed surplus to requirements. Keystone / Steffen Schmidt Swiss retail giant Migros is looking for new owners for its subsidiaries Hotelplan, cosmetics and hygiene brand Mibelle, Melectronics and SportX. The new strategy involves major job cuts but also investments in core business areas.  This content was published on February 2,...

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