Tag Archives: Business

Earlier this year, Skyguide announced that Switzerland would host the first national deployment of U-space, a digital infrastructure aimed at preventing accidents involving drones. ​​​​​​​ Switzerland’s existing mobile telephony infrastructure is enough to guarantee the safety of drone flights in the country’s airspace, according to a study published Wednesday. Commissioned by Swiss air navigation service provider...

Safe savings: Switzerland is the world’s largest cross-border wealth manager. As the Swiss financial centre adjusts to the loss of banking secrecy and possible fallout from Brexit, a report highlights increased investment management as the sector’s cornerstone. The report, released on Thursdayexternal link by the Swiss Bankers Association (SBA) and the Boston Consulting Group (BCG), outlines the emergence of investment...

A Swiss Post drone being tested in Bern in June 2018 (© KEYSTONE / PETER SCHNEIDER) The Swiss Post is expanding its drone delivery system, transporting laboratory samples between two hospitals in Zurich. Similar pilots have been conducted in Bern and Lugano. On Tuesday, the Swiss Post announced it is launching a one-year pilot project to use drones to send laboratory samples between the University Hospital of Zurich and...

A general view of the World Trade Organization (WTO) headquaters, in Geneva A Swiss complaint to the World Trade Organization (WTO) against United States import tariffs on aluminium and steel will be decided by a WTO panel. On Tuesday, the WTO’s Dispute Settlement Body (DSB) accepted to create separate panels to hear the complaints by Switzerland and India, after the two countries filed a second request for their cases...

A view inside a giant storehouse of the Amazon Logistic Center in Rheinberg, Germany Shoppers in Switzerland will no longer be able to buy items from the US Amazon website due to recent changes to Swiss value-added tax law. Exceptions will be made for e-books and apps. “From 26 December 2018 customers shopping on Amazon.comexternal link and other non-EU Amazon websites will not be able to ship non-digital orders to any...

The investigation by SRF found that hackers could easily gain access to names, phone numbers, and e-mail addresses of customers at a Starbucks shop in Bern. (Keystone) An investigation by Swiss Public Television, SRF, has found that data isn’t sufficiently protected when customers use WiFi at cafes in Switzerland of the global coffee chain. Free WiFi access at Starbucks – one of the great perks offered by the company –...

EU Commission Vice-President Valdis Dombrovskis. (Keystone) An EU Commission document has revealed that, for now, not enough progress on the Swiss-EU framework agreement has been made to renew the ‘financial equivalency’ status of the Swiss stock exchange in Europe. According to a note sent on Tuesday by Commission Vice-President Valdis Dombrovskis, it seems that patchy progress in ongoing talks between Bern and...

The brewer Christophe Haeni tastes a beer at the microbrewery “Garage”, which is part of the restaurant and bar “Barbiere” in Bern The Swiss beer market recovered last year thanks to the hot weather, as well as the continued boom in microbreweries and thirst for local craft beers. The Swiss beer market grew by 1.8% to 469 million litres (124 million gallons) between October 1, 2017 and September 30, 2018. This follows a...

Two cups of coffee per day are not enough to keep the Swiss going. (Keystone) The Swiss love their coffee and knock back more than three cups per day. They came in third, behind Germans and Norwegians, in an international ranking of coffee consumers. The Swiss drank no less than 1100 cups of coffee per person per day, according to a ranking published on Monday by CafetierSuisseexternal link, a catering industry...

Cirillo has been identified as the right person to take the Post Office forward. The Swiss Post Office has appointed a new chief executive to lead the state-owned company out of a troubled few months following a subsidies scandal that came to light earlier this year. Roberto Cirillo will take over at the helm next April, replacing interim boss Ulrich Hurni, the Swiss Post announced on Thursday. Hurni has been minding...