Tiny living can vary between 6 to 45 square meters, depending on where you are in the world. In Switzerland, it’s about 30 square meters. City Pop is the latest Swiss company to roll out micro-apartments with a planned investment of CHF 2.3 billion across Europe.WATCH MORE
Lightspeed is powering its European business out of Switzerland
Dax Dasilva, chief executive of Canadian software management company Lightspeed, says its recent acquisition of Swiss-based iKentoo will act as a launchpad into 14 new markets. He claims that his company, which provides retailers and restaurateurs with iPad point-of-sale solutions, is also equipping midsized companies to take on the likes of Google.
How Swiss pension rules discourage employers from hiring older workers
Older workers who lose their jobs have a tougher time finding new positions in Switzerland than those just starting out in their careers. Pension rules are partly to blame because they make it more expensive for companies to employ older people. “What we have now is a system that effectively discriminates against older workers,” says Cédric Tille, economics professor at the Graduate Institute Geneva. With skilled labor in short supply, he says it’s time to reform the system.
Swiss company to bring 15,000 micro-apartments across Europe
Tiny living can vary between 6 to 45 square meters, depending on where you are in the world. In Switzerland, it’s about 30 square meters. City Pop is the latest Swiss company to roll out micro-apartments with a planned investment of CHF 2.3 billion across Europe.
Pictet expecting another two rate cuts by the Fed this year
Despite positive signals coming from the U.S., Patrick Zweifel of Pictet Asset Management expects the Fed to cut interest rates twice this year. The economist has a moderate outlook for global growth with emerging markets poised for a rebound.
SoftwareONE makes successful Swiss stock market debut
SoftwareONE rose 3.32 percent on its first day of trading, valuing the Swiss tech company at more than CHF 2.9 billion. It is the fifth firm to list on the SIX stock exchange this year, cashing in on a market that came within reach of its all-time high on Friday. ‘’For us, Switzerland is a strategic location,’’ says CEO Dieter Schlosser.
The currency risks of building up a Swiss pension pot
Expats building up their pension pot in Swiss francs could face some currency risks should exchange rates significantly change and they withdraw their plans when moving abroad, says Alastair McCaig, Fern Wealth’s director of investment management.
Mario Draghi’s legacy—and what it means for Switzerland
Mario Draghi led the European Central Bank for eight years, including during the eurozone crisis, but will now make way for former IMF head Christine Lagarde. Stéphane Monier, CIO of Lombard Odier Private Bank, looks at Draghi’s legacy in the current negative interest rate environment from a Swiss perspective.