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Construction firm Implenia to cut around 750 jobs

This content was published on Oct 27, 2020 Switzerland’s biggest construction firm is planning a reorganisation that will involve layoffs, write-downs and the sale of parts of the company.

Jordan (left) and Finance Minister Maurer

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SNB chief commends Swiss banks for handling of Covid crisis

This content was published on Oct 26, 2020 Swiss banks have so far weathered the impact of the Covid-19 pandemic well, according to Swiss National Bank chairman Thomas Jordan.

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Covid-19 boosts news media consumption but hits revenue

This content was published on Oct 26, 2020 “The marketing budgets have been reduced drastically and the willingness to pay for the use of online media remains low,” the authors of the latest edition of the Media Quality Yearbook say. In a bid to improve the situation the experts are calling for new pay-wall models and political moves to finance media products. The…

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Prospects grim for Swiss watch industry

This content was published on Oct 26, 2020 A survey of the Swiss watch industryExternal link by consultants Deloitte has found wide-ranging and deep pessimism. The sector has been beset by the same pandemic woes as other industries. Watch exports, which had risen from CHF9 billion ($10 billion) to CHF21 billion over the last 20 years, have been drastically reduced in 2020. Only…

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Pandemic makes billionaires – and their advisers – richer

This content was published on Oct 26, 2020 For the Swiss bankers shepherding the fortunes of the world’s super-rich, it is boom time.

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How a special telescope learns about new planets

This content was published on Oct 26, 2020 The Swiss-led CHEOPS space telescope observes bright stars known to host planets.

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Chile’s constitutional vote offers window to democratic future

This content was published on Oct 25, 2020 Chile wants to finally lay to rest the ghost of former dictator Pinochet. Citizens with Swiss ancestry are also taking part in the democratic process.

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Research: building blocks of language have existed for 40 million years

This content was published on Oct 24, 2020 Capacity for language may date back 30-40 million years, to the last common ancestor of monkeys, apes and humans, a Zurich University-led study shows.

Opinion

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Is the time ripe for national referendums in the US?

This content was published on Oct 24, 2020 With the US presidential elections less than two weeks away, journalist Joe Mathews argues for a Swiss-style direct democracy system in the US.

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