Switzerland

Winterthur bars introduce secret code system to help women in the night

Winterthur is introducing a new code to help tackle sexual harassment, reported The Local. Anyone who feels unsafe or uncomfortable on a night out due to unwanted attention can simply approach a member of staff and ask, "Is Luisa there?". Staff can then take measures to help her, including involving security staff, taking her to a safe place or calling her a taxi. There are 10 participating establishments at present, with more expected to follow.

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Richemont’s profits jumps in the first-half 2017

Luxury goods maker Richemont expects first-half net profit to rise by more than two-thirds, partly benefiting from the nonrecurrence of exceptional items.

Swiss watchmakers are recovering from a severe downturn in demand, mainly due to a collapse of the Hong Kong market that had prompted the world’s second-biggest luxury group to buy back excess inventory of unsold watches and cut jobs and replace almost all its brand chiefs.

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Switzerland announced referendum over ban burqa issue

Voters in Switzerland will decide whether to ban Muslim face veils including the burqa after a campaign by far-right groups to outlaw the garment which they say undermine the "dignity of women". The public will get a chance to have its say in a referendum expected to be rolled out next year in the country where less than 5 per cent are Islamic in the largely Christian nation.

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Goldman Sachs: Switzerland I’m coming

Goldman Sachs wants to expand its investment bank in Switzerland and is in the process of upgrading its trading operations in Zurich to a branch from a representative office, a source familiar with the matter said on Thursday, aas Bloomberg News reported.

The change would allow Goldman Sachs to do a wider range of broker/dealer-type activities, and does not involve the New York-based bank expanding in the wealth management or advisory businesses, the person said.

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Bitcoin: Swiss startup Eidoo doesn’t take care of criticism

The Eidoo ICO, which is currently unfolding, has already raised EUR 20 million (ETH 80,453) reportedly in hours across more than 10 million of the company’s EDO tokens. Those tokens can be used inside the Eidoo ecosystem, which in addition to the digital wallet extends to a decentralized blockchain-based marketplace and tools that support the use of cyrptocurencies.

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The Raj Pink, the World’s largest Pink Diamond, will be the Top Player on Geneve

Sotheby’s will be presenting ‘The Raj Pink’, the world’s largest known Fancy Intense Pink diamond, weighing 37.30 carats. It will headline the auction house’s Magnificent Jewels and Noble Jewels sale in Geneva on November 15.

“The discovery of any pink diamond is exceptional, but the Raj Pink’s remarkable size and intensity of colour places it in the rarefied company of the most important pink diamonds known,” says David Bennett, Worldwide Chairman of Sotheby’s International Jewellery Division.

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