In the Swiss cantons of Schwyz and Zug one in eight residents are millionaires. The Swiss newspaper published the findings Sunday, based on an analysis of government statistics including tax and wealth data. Located in central Switzerland, Schwyz and Zug have lower personal tax rates compared to larger, more densely populated
For the first time, archaeologists have discovered evidence of a Bronze Age lakeside settlement under the surface of Lake Lucerne. The discovery reveals that the Lucerne area was already settled 3,000 years ago. Researchers announced on Thursday that this is 2,000 years earlier than previously
There and elsewhere, traffic fines are higher if you’re rich. And that’s fair. A traffic fine that’s meaningless to a multi-millionaire can be crippling to someone living on the edge. Along with processing fees and penalties for late payment, a single fine can drive families into bankruptcy. The National Center
The English brothers are realizing a dream 20 years in the making. Although Switzerland reigns supreme in watchmaking, that hasn’t always been the case. “In the 17th and 18th centuries, pretty much every concept that you find in a modern Swiss watch was developed primarily in England,” says
Switzerland is concentrating on equal pay, women's economic independence, sexual and reproductive health rights, and the fight against sexism and abuse at this year's UN Commission on the Status of Women (CSW) session. The 65th CSW, which began on Monday in New York, is focused on
According to scientists, the division of labor in ant colonies has nothing to do with age and is apparently dictated by random factors. Female ants either remain in the nest to look after the queen and larvae or go out in search of food. Researchers at
Metalor, one of the world's largest gold refiners, has established a method for easily confirming where gold was extracted, potentially preventing the entry of illicit gold into supply chains. The Swiss company revealed that it developed the system in collaboration with the University of Lausanne over
Primary shares of a Swiss confectioner can be had for around $88,000. That may seem prohibitive, but there’s a compelling logic to it. If you were thinking of companies that might want to increase the value of their shares by buying back stock, Lindt & Sprungli AG would likely come near
Herbert Diess’s electric-vehicle strategy might just work for Volkswagen. Volkswagen AG’s boss Herbert Diess is realistic about the threat posed by software-savvy and richly valued rivals such as Tesla Inc., but he’s adamant that VW can prevail. On current form, he may be right. The German car giant
A simple, daily gesture like charging an iPhone turned into a life-threatening task for Andrea Stroppa, a cybersecurity researcher. The charger that exploded after he borrowed it from a friend, Stroppa discovered, was a counterfeit Apple Inc. product bought through an unofficial channel on Instagram. Stroppa and his colleagues at
