The number of employed women in the first quarter of 2024 increased more strongly than the number of employed men, compared to the same quarter last year. Keystone / Gaetan Bally The number of people with jobs in the country rose by 1.4% year-on-year to reach 5.3 million in the first quarter of 2024. This...
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Government plans to invest over CHF16bn in Swiss rail network
View of railway construction site in Lausanne, May 2, 2024. © Keystone / Martial Trezzini The federal government intends to invest CHF16.4 billion ($18.1 billion) in railway infrastructure between 2025 and 2028, CHF2 billion more than for the current period. This content was published on May 15, 2024 – 15:45 The larger financial envelope will...
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University students in Switzerland join Gaza protest wave
The hall of EPFL’s architecture building in Lausanne is currently occupied by around 50 Pro-Palestinian protesters. KEYSTONE/© KEYSTONE / JEAN-CHRISTOPHE BOTT Pro-Palestinian activists occupied university buildings in Lausanne, Geneva and Zurich on Tuesday, widening the protest movement in the Alpine nation. This content was published on May 7, 2024 – 15:44 The hall of the...
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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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Survey: air travel most popular way to go on holidays for Swiss
In Switzerland, 46% of adults want to fly on holiday in 2024, while at least a third will travel by car and only just under 15% by train. Keystone / Christian Beutler Despite the climate crisis, flying is the most popular mode of transport to head on holidays – particularly for young, urban and high-income...
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Swiss spend CHF2.17 billion on sporting goods – SWI swissinfo.ch
The running (up 0.3%) and leisure sports (up 1%) segments recorded the highest year-on-year growth in 2023, according to the press release. KEYSTONE People in Switzerland spent CHF2.17 billion ($2.38 billion) on sporting goods last year. This was 1.5% less than in the previous year, according to Swisspo, the specialist agency for sporting goods in...
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Switzerland violates right to protest: Amnesty International – SWI swissinfo.ch
Police monitor a protest in Geneva KEYSTONE/© KEYSTONE / SALVATORE DI NOLFI The civil rights watchdog Amnesty International has criticised Switzerland for not fully respecting the right of citizens to peacefully protest. This content was published on April 24, 2024 – 09:48 The NGO released its annual report as the world reaps the consequences of...
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Zurich football fans gather in city centre after part of stadium is closed off
Police were out in force as over 1,000 FC Zurich fans assembled in front of the city’s main train station. Ennio Leanza / Keystone Over 1,000 fans of the Zurich Football Club gathered in the centre of the Swiss city on Sunday afternoon, causing delays in public transport. They planned to march to the Letzigrund...
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Anti-Semitism ‘played no role’ in Raiffeisen Switzerland bank business
A suggestion was made to rename Raiffeisenplatz, where the bank’s headquarters are located. Keystone/Gaetan Bally The Raiffeisen banking group has no history of prejudicial business behaviour against Jews in Switzerland despite the anti-Semitic views of its German founder, according to a report that was commissioned by the company. This content was published on April 19,...
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Pharma: Novartis announces job cuts in the development division – SWI swissinfo.ch
Novartis currently employs 10,400 people in Switzerland, 3,000 of whom work in the development department. KEYSTONE/© KEYSTONE / GEORGIOS KEFALAS The pharmaceutical company Novartis is facing job cuts. The development division will be affected, as the company announced on Tuesday. This content was published on April 10, 2024 – 09:35 In Switzerland, 400 to 440...
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UBS finalises transfer of Credit Suisse securitisation business to Apollo – SWI swissinfo.ch
Under the new deal, announced on Wednesday, Apollo Global Management will purchase from UBS $8 billion of “senior secured financing facilities” as part of the Swiss bank’s efforts to wind down its non-core legacy portfolio KEYSTONE/© KEYSTONE / ENNIO LEANZA UBS Group and Apollo Global Management have reached an agreement regarding the carveout of Credit Suisse’s...
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UNRWA head calls on Switzerland to resume financial support
UNRWA head Lazzarini met with Swiss politicians. KEYSTONE/© KEYSTONE / SALVATORE DI NOLFI The director of the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), Philippe Lazzarini, has called on Switzerland and the European Union to resume their support for the organisation. This content was published on March 26, 2024...