The latest vote on corporate tax could have big implications for your business, even if you’re not eligible to vote. Plus, pictures of the build-up to Formula E Bern and Swiss parental leave explained.
When it comes to maternity leave, Switzerland ranks somewhere in the middle of the pack, but when it comes to dads, it’s at the bottom. Now companies like Volvo, Ikea Switzerland, and Novartis are stepping in. Find out how.
China prepares to retaliate against a new 25% tariff from the U.S. on $200 billion of goods. Frédéric Lelièvre explains why this could be an opportunity for Swiss banks if China punishes the U.S. by blocking access to its lucrative financial sector.
Stronger ties between Switzerland and China could prove to be a stroke of luck for Swiss business and investors, but some are cautious about the forthcoming memorandum of understanding between the two countries. Deputy Editor Frédéric Lelièvre weighs the pluses and minuses of walking down the “Silk Road” with China.
Catwalks are embracing eco-friendly and animal-free couture, but with prices as high as CHF 1,000 for some brands, can the trend last? Pauline Treis of Fashion Revolution Switzerland and Sanaz Wasser of the label SANIKAI debate whether this is a long-lasting and lucrative market.
Powercoders is a Swiss coding academy that has successfully trained refugees for free and helped them integrate into the IT job market. Companies like Swiss Post, Swiss Life, and Swisscom support the initiative, and the nonprofit organization is now expanding abroad. Founder Christian Hirsig and project manager Hussam Allaham tell us more.
It was a week of firsts on the Swiss stock exchange. All eyes were on two much-anticipated new additions, and they did not disappoint—for now. Only time will tell just how kind the markets will be to Novartis-spinoff Alcon and Swiss train maker Stadler Rail.
The Swiss were once considered pioneers in sustainable finance, but Thomas Vellacott, CEO of WWF Switzerland, says they have fallen far behind. The European Union’s ambitious new action plan is now forcing Switzerland’s hand. But Swiss Sustainable Finance CEO Sabine Döbeli argues that “incredible moves” have been taken by Swiss financial players.
The Swiss markets will look very different next week as Julius Baer moves from the SMI to the SPI to make room for newcomer Alcon. We look at the mechanics of the markets and the impact on your money. Plus, what could be ahead for Switzerland’s Crypto Valley Association?
“The Crypto Valley Association has stuttered in its job of being an effective organization,” says current president Daniel Haudenschild. He explains how he’s rebuilding its reputation after criticisms of infighting with plans to ramp up Crypto Valley’s international brand.
Austrian watch journalist Alexander Linz blames complacency, overconfidence, and sky-high costs for Baselworld’s recent troubles. Attendance this year, for instance, is off 22 percent, and the number of exhibitors is down 20 percent—one of those being Swatch Group. For Linz, Baselworld losing Swatch is like an auto show losing Volkswagen, although he says that he understands the Swiss manufacturer’s decision.
Vontobel analyst René Weber, who’s covered Baselworld for more than 20 years, says the industry would be too “complicated” without the renowned watch fair. And what does he make of Swatch Group’s absence this year? “I do not understand” the move, he says.
Luxury watch brands are slowly building up their e-commerce presence with just over 40 percent now selling online. But can watch companies afford to miss out on a potentially crucial market? “I don’t think that e-commerce is the secret recipe to the success of brands,” says David Sadigh, founder and CEO of Digital Luxury Group.