Tag Archives: 3.) Swiss Business and Economy

This kind of vehicle will be used to transport goods under Central Switzerland (computer-generated illustration). Keystone Building a 500-km tunnel network to transport goods under Central Switzerland is the ambitious aim of the “Cargo Sous Terrain” project. The vision has moved closer to reality since the Swiss government brought forward enabling legislation last month. In the not-too-distant future, part of the goods now transported by road or rail between Geneva...

A sculpture made from electronic components by the artist Muharrem Batman for the 2018 “Artificial Intelligence and Robotics” exhibition at the Heinz Nixdorf MuseumsForum, a computer museum in Paderborn, Germany. Keystone / Guido Kirchner Artificial intelligence (AI) is gaining ground in our societies, posing a threat to jobs and increasingly invading our private lives. A new centre for AI research at the federal technology institute ETH Zurich wants to put people at...

Switzerland is home to the headquarters of several world leaders in raw materials, such as Glencore, based in the canton of Zug. Keystone / Alessandro Della Bella Home to big players in the raw materials, food and chemicals industries, Switzerland boasts one of the world’s highest concentrations of multinational headquarters. Multinationals play an important role in the Swiss economy, providing both jobs and tax revenues. In 2018, the Federal Statistical Office found...

The Swiss Bankers Association said it regretted Raiffeisen’s decision Keystone Raiffeisen, Switzerland’s third-largest banking group, says it will leave the Swiss Bankers Association (SBA) at the end of March 2021. It intends to represent its interests independently. “The banking sector and the interests of the various players in the Swiss financial centre have changed considerably in recent years,” Raiffeisen said in a statement on Tuesday. “As part of its group...