The average wealth of an adult in Switzerland amounted to $709,612. Keystone-SDA Last year, the global population became wealthier overall. As a result, global wealth rebounded from the decline seen in 2022. Switzerland retained its top position in the UBS Global Wealth Report. This content was published on July 10, 2024 – 15:56 Switzerland once...
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Swiss job market growth slows as vacancies shrink
The labour market growth in Switzerland continues its downward trend Keystone-SDA The job market growth in Switzerland continues to slow down. The number of vacancies shrank significantly in the second quarter of 2024, said the Swiss job placement company Adecco. This content was published on July 10, 2024 – 11:52 This is shown by the...
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Switzerland expands its list of sanctions against Russia
Switzerland expands its list of sanctions against Russia Keystone-SDA Switzerland has extended the list of sanctions against Russia. It is thus adopting the changes decided by the European Union (EU) due to Russia’s ongoing military aggression against Ukraine. This content was published on July 9, 2024 – 15:26 The Swiss Federal Department of Economic Affairs,...
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Worries about job losses due to AI are lowest in Switzerland
Worries about job losses due to AI are lowest in Switzerland Keystone-SDA Artificial intelligence (AI) is influencing everyday working life. In Switzerland, many people already have experience with AI, including in their jobs. However, very few people in Switzerland are worried about losing their jobs as a result of the new technology. This content was...
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Mass tourism in Switzerland: beneficial or detrimental?
Mass tourism in Switzerland: beneficial or detrimental? Keystone/Anthony Anex The tourism industry in Switzerland is set to have a good season. Shopkeepers, restaurant owners and hoteliers can expect a welcome boost. However, in tourist hotspots Lucerne, Lauterbrunnen and the Verzasca Valley there are concerns about too many people visiting the region. What are your thoughts...
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Survey: Only a few Swiss locations affected by overtourism
Only a few Swiss locations affected by overtourism Keystone-SDA There is no “overtourism” in Switzerland, according to a survey by Switzerland Tourism conducted in April and May. Only 5% of respondents were concerned about tourism. This content was published on July 4, 2024 – 17:02 When respondents perceived problems with tourism, inflation, pollution and littering...
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Can the Swiss watch industry create complex timepieces for women?
A scene from Jean-Luc Godard’s 1966 film “Masculin-Féminin”. In the watch industry, the traditional focus on masculine needs could be changing. 1966/Columbia Pictures Fashion is increasingly distancing itself from gender stereotypes and obscuring the line between male and female. Swiss watchmakers too are having to choose whether or not to maintain the traditional division between...
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Historic Schubiger store closes after 141 years in business
The department stores’ was one of the oldest shops in Glarus. SRF The smallest department store in Switzerland is closing. After five generations and over 140 years of existence, the Schubiger family is giving up for economic reasons. This content was published on July 2, 2024 – 11:00 According to figures from the market research...
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Flooding of Rhone River causes severe road and rail traffic disruptions
Following heavy rainfall on Saturday and during the night, the Rhone River and its tributaries have flooded. Keystone / Jean-Christophe Bott Due to flooding in canton Valais, southern Switzerland, the A9 motorway between Sierre and Sion is closed. The entire canton is on alert, cantonal authorities said on Sunday. This content was published on June...
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Swiss beat Italians 2-0 to reach Euro football quarter-finals
“The story isn’t over yet,” said coach Murat Yakim after Switzerland’s victory over Italy on Saturday night. The Associated Press Of course, Italy were disappointing at times. But at the end of the day, there is one indisputable fact: on Saturday in Berlin, Switzerland put in one of the most accomplished performances in their history....
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Swiss National Costume Festival opens with colourful fanfare in Zurich
Keystone/Ennio Leanza The Swiss National Costume Festival 2024 kicked off on Friday at noon at Zurich’s main train station. In total, 100,000 visitors from all over Switzerland are expected to attend by Sunday. This content was published on June 28, 2024 – 15:41 Over the festival’s three days, traditional costumed people and city dwellers as...
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Tourism spending in Switzerland hit record levels in 2023
Switzerland brought in an unprecedented amount of tourism revenue last year. Keystone/Urs Flueeler Revenue from foreign guests in Switzerland rose again last year. The Swiss also spent more money travelling abroad. In both cases, previous records from the pre-Covid period were surpassed. This content was published on June 28, 2024 – 13:45 Do you want...