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Archive for Thu, 05 Nov 2015

Wawrinka advances as Federer exits Paris Open

Wawrinka advances as Federer exits Paris Open

Switzerland's Stan Wawrinka defeated Serb Viktor Troicki in two sets to reach the quarterfinals of the Paris Masters on Thursday while fellow Swiss Roger Federer was knocked out of the tennis tournament by big-serving American John Isner.

Chinese disaster slashes Zurich Insurance profits

Chinese disaster slashes Zurich Insurance profits

Zurich Insurance on Thursday said third-quarter profits fell 79 percent, after the company was hit with $275 million (€254 million) in losses following the industrial disaster in Tianjin, China.

SBB to slash 900 jobs in major cost-cutting plan

SBB to slash 900 jobs in major cost-cutting plan

Swiss Federal Railways is to cut 900 jobs in the next five years as part of a plan to save 550 million francs a year up to 2020 and 1.75 billion in the ten years from 2020 to 2030.

Driverless buses to launch in Switzerland

Driverless buses to launch in Switzerland

Driverless post buses will soon be operating in the canton of Valais, thanks to a new collaboration between PostBus and a Swiss startup founded by recent graduates from the Swiss Federal Institute of Technology (EPFL) in Lausanne.

Zug wants language laws waived for rich expats

Zug wants language laws waived for rich expats

Multi-millionaires wanting to become permanent residents in the canton of Zug could be exempted from having to learn the local language under a proposal put forward by cantonal authorities.

Federer thrashes Seppi in under an hour

Federer thrashes Seppi in under an hour

Roger Federer produced a near-perfect display of tennis to open his Paris Masters campaign with a 6-1, 6-1 second round win over Italian Andreas Seppi on Wednesday.