Friday , March 29 2024
Home / Tag Archives: 3) Swiss Markets and News (page 150)

Tag Archives: 3) Swiss Markets and News

Swiss wage gap between genders remains bafflingly wide

Dining out is less likely on a lower wage. (© KEYSTONE / GAETAN BALLY) The pay gap between men and women in Switzerland has increased slightly, amounting to hundreds of francs per month on average. Men earned 19.6% more pay than female colleagues in 2016, compared to a 19.5% difference in 2012. While some of this gap can be explained by length of service, additional qualifications and the like, in more than four out of...

Read More »

Half of Swiss Population Commutes Half an Hour to Work

Not quite 10% walk to work in Switzerland; more than half drive. Nine out of ten employees in Switzerland – or four million people total – commuted to work last year, most of them to another municipality, and most by car. In 2017, the average one-way Swiss commute was 15 kilometres (9.3 miles) and took 30.6 minutes, reported the Federal Statistical Officeexternal link on Tuesday. Some 71% of commuters traveled to...

Read More »

Nearly Half of Swiss Admit to Stealing

© Industryviews Dreamstime.com - Click to enlarge Either at work, at a restaurant, on public transport or in a shop, nearly half of Swiss admit to stealing, according to a survey by moneyland.ch 49% of the 1,500 questioned in the survey admitted to pocketing something without paying. Young people admitted to being the most light fingered. Around a fifth of those aged 18-25 had taken something from the supermarket...

Read More »

Novartis Stockpiles Drugs in UK to Ensure Supply

Novartis imports some 120 million packs of medicines into the UK each year. - Click to enlarge Swiss pharmaceuticals giant Novartis says a no-deal Brexit could hurt patients and that it is stockpiling medicines in the UK to help ensure continuity of supply. In a press releaseexternal link on Friday, it said that after the British parliament’s rejection of Prime Minister Theresa May’s Brexit deal, “the risk of UK...

Read More »

Chinese Courts Frustrate Anti-Fake Watch Measures

Luxury watches are an important status symbol in China, as in many other parts of the world. - Click to enlarge The Sino-Swiss free trade agreement (FTA) is having only a limited effect on the fight against fake watches, according to a Swiss official. Steps taken by Beijing to counter fraud are often not being enforced by courts. Speaking to Swiss public broadcaster SRF, deputy director of the Swiss Federal Institute...

Read More »

Switzerland signs more post-Brexit deals with UK

Switzerland with its Gotthard tunnel is a major transit country for goods vehicles travelling between northern and southern Europe. Swiss President and Finance Minister Ueli Maurer has signed two agreements with the UK as part of the government’s strategy to maintain smooth ties after Brexit. The agreements on road transport and non-life insurance were signed with UK Chancellor Philip Hammond at the World Economic Forum...

Read More »

Swiss small businesses sound optimistic note for exports

A worker assembles a coffee grinder at Schaetti, the holding company of Olympia Express, in Schwanden, Switzerland Small and medium-sized enterprises (SMEs) in Switzerland are optimistic about export business at the start of 2019, a new survey has found, with over half expecting foreign sales to grow during the year. “The export climate will remain favourable for Swiss SMEs in 2019,” wrote the authors of a Switzerland...

Read More »

Half of Swiss happy with their finances

© Pavalache Stelian | Dreamstime.com A recent survey suggests that half of Swiss residents are satisfied with their financial situation. 6% said they have trouble making ends meet. In addition, 28% expect their finances to improve in 2019. Fewer women (25%) are optimistic than men (33%). 18% expect their finances to worsen and 54% expect no change. Views varied significantly by age group. 40% of those under 36 expected...

Read More »

Swiss organic farm output doubles

Between 1999 and 2017 the amount of organic food produced on Swiss farms more than doubled. © Stefano Ember -Dreamstime.com_ - Click to enlarge In 1999, 5.3% of Switzerland’s farm output was organic. By 2017 this figure had risen to 11.7%. In 1999, Swiss farms produced CHF 562 million worth of organic food. In 2017, they produced CHF 1.2 billion. Consumers are spending more and more on organic produce. From 1998 to...

Read More »

Blockchain start-up growth bucks Swiss trend

Crypto Valley has attracted business delegations from many countries, such as South Korea, who watch a presentation on blockchain companies. The number of blockchain companies in Switzerland grew 20% to reach 750 in the last three months of 2018. But the market capitalisation of such firms, measured by the dollar exchange rate of tokens in circulation, more than halved as crypto-assets nose-dived in value. The uptick in...

Read More »