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Archive for Tue, 22 Apr 2014

Zurich Insurance study warns of cyber risks

Zurich Insurance study warns of cyber risks

Organizations must dramatically improve their response to cyber risks to avoid a new global shock on the scale of the financial crisis that rocked the world in 2008, a study from a Swiss-based insurer concludes.

Zurich inaugurates city's giant quartzite plaza

Zurich inaugurates city's giant quartzite plaza

The city of Zurich inaugurated the largest plaza in Switzerland on Tuesday night after a 17.2-million-franc ($19.5-million) facelift.

Geneva minister revives cable car project

Geneva minister revives cable car project

Cable cars — just like those used to carry skiers up mountain slopes — have re-emerged as a public transportation option in Geneva, where authorities are struggling to deal with road congestion.

Police chief casts doubt on Swiss cup final future

Police chief casts doubt on Swiss cup final future

The final of the Swiss football cup may no longer be held in Bern after a police chief expressed his exasperation at clashes in the streets surrounding Monday's final at the Stade de Suisse.

Swiss drink more homegrown wine

Swiss drink more homegrown wine

After several years of decline, the Swiss are finally drinking more of their own wine. Consumption of Swiss wines within Switzerland rose by ten percent in 2013 to 107 million litres, according to figures released by the Federal Office of Agriculture (OFAG) on Tuesday.

Crime proves a cash cow for Swiss authorities

Crime proves a cash cow for Swiss authorities

Seized cash from the proceeds of crime in Switzerland benefited the federal and cantonal authorities to the tune of 31.5 million francs ($35.6m) in 2013.

Pharma giants strike $16bn health-care deal

Pharma giants strike $16bn health-care deal

Swiss pharmaceutical giant Novartis and British firm GlaxoSmithKline have announced a major restructuring of their health-care divisions in a multi-billion-dollar deal.