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Chinese corporate spending spree benefits Switzerland

This content was published on Feb 7, 2017 To put that mega-deal into perspective, Chinese foreign direct investment (FDI) in the whole of Europe totalled $46 billion in 2016 (up 90% on 2015) and $48 billion (+189%) in North America, says Baker McKenzie. Last year, China’s HNA Aviation Group snapped up Swiss air transport support companies Gategroup and ST Technics. The Chinese company…

Winter Olympics bid seeks voters’ approval

This content was published on Feb 6, 2017 At stake is an initial CHF25 million ($25.2 million) financial contribution for the canton to prepare its plan for the 2026 Winter Games in the eastern Swiss Alps. Despite a defeat in a previous vote four years ago, local government and the business community backing the proposal say a major event would boost tourism, the…

What future for winter tourism under global warming?

This content was published on Feb 6, 2017 Skiing is no longer a money-making business and alpine resorts need to rethink their business model before it is too late, argues an expert.

Generosity: save a ski resort, donate an organ, give a tax break

This content was published on Feb 5, 2017 Here are some of the stories we will be bringing you the week starting February 6, 2017.

When initiatives undermine democratic tenets

This content was published on Feb 5, 2017 In a wide-ranging interview with Der Bund newspaper, Bern University senior law professor Pierre Tschannen says promoters, notably from the political right, have successfully used the tool of people’s initiatives to push their own agenda and wilfully trying to bypass parliament. “This is undemocratic. Nothing much can be done about it strictly on a legal…

More than 80 genetic factors in human growth

This content was published on Feb 4, 2017 Researchers in Lausanne say a massive new study has identified 83 genetic variations that play a role in determining human size.

Bellinzona: a democratic window to the future

This content was published on Feb 3, 2017 The population of the Swiss city of Bellinzona will more than double in April from just over 18,000 to more than 42,000.

Popular participation and will – above everything

This content was published on Feb 3, 2017

Cabinet adds countries to tax data exchange

This content was published on Feb 2, 2017 The Swiss government says it intends to begin automatic exchanges of tax data with 20 additional countries in 2019.

Financial watchdog sanctions Coutts for 1MDB breaches

This content was published on Feb 2, 2017 “Coutts has seriously breached money-laundering regulations by failing to carry out adequate background checks into business relationships and transactions associated with Malaysian sovereign wealth fund 1MDB,” FINMA said in a statement on Thursday. FINMA said it ordered the bank to disgorge unlawfully generated profits of CHF6.5 million ($6.56 million) and will also consider opening enforcement…

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