Archive – Banking & Fintech

Syngenta pesticide, good or bad for bees?

This content was published on Jun 22, 2014 The death of bees threatens the agricultural world. A possible cause is a neonicotinoid type of pesticide. It generate billions in worldwide sales for the chemical industry. It is also found in Thiamethoxam produced by the Basel-based agrochemical giant Syngenta. Its use is temporarily banned in Switzerland and in the EU. A year ago, Syngenta…

Switzerland is Europe’s priciest country

This content was published on Jun 20, 2014 Food and non-alcoholic beverages are on average 50% more expensive in Switzerland than in the rest of Europe, while restaurants and hotels are also 52% pricier. Consumer electronics are the only category that come out slightly cheaper than the European average – 6% less. Across Europe, prices varied less for clothing and electronic items than…

EU agrees to end corporate tax row with Swiss

This content was published on Jun 20, 2014 According to the declaration, Bern has agreed to end certain company tax measures regarded as ‘harmful’ as part of its reform of corporate tax rules. The cabinet will ask parliament and interested parties in Switzerland to consult the proposals after summer. “In return, the EU member states confirm their intention to lift corresponding countermeasures as…

Will a research hub revolutionise the watch sector?

This content was published on Jun 20, 2014 In the heartland of the Swiss watch industry, Neuchâtel’s new research centre, Microcity, has grand ambitions to become a global hub for microengineering that would “transform” watch technology. But weaknesses in the local economy could hold it back.

SNB sticks to franc’s exchange rate with euro

This content was published on Jun 19, 2014 The SNB said on Thursday it would maintain its minimum exchange rate at CHF1.20 ($1.34) per euro. It is also leaving unchanged its target range for the benchmark interest rate, the three-month Libor, at 0.00% to 0.25%. The Swiss central bank, which fixed the floor for the franc-euro exchange rate in September 2011, indicated in…

Cabinet to examine tax deductible bank fines

This content was published on Jun 18, 2014 The same issue was dismissed by parliament a year ago, but has come back on the agenda following an admission by Credit Suisse that it might claim a tax rebate on $800 million of the $2.8 billion (CHF2.5 billion) financial penalty it received from the United States in May. At present, each canton is free…

Swiss hold prominent slot in small arms exports

This content was published on Jun 17, 2014 Small Arms Survey ranked Switzerland sixth in overall arms exports behind the United States, Italy, Germany, Brazil and Austria, and ahead of Israel, Russia and South Korea. Swiss small arms and ammunition exports amounted to $191 million (CHF172 million) in 2011, compared with $917 million in the US. The report was presented at the United…

When Swiss pragmatism meets Indian Jugaad

This content was published on Jun 17, 2014 Despite a recent slowdown, the huge Indian economy has proved extremely fertile for Swiss companies with exports and direct investment galloping ahead since the turn of the Millennium. But any foreign market offers pitfalls as well as opportunities. “India has proved one of the most exciting yet complex and challenging countries we have operated in,”…

Public transport aims to be more punctual

This content was published on Jun 15, 2014 Customers react quickly to delays, breakdowns and a lack of information according to the office. “The quality of services is a very important aspect of travel for passengers,” its deputy director, Pierre-André Meyrat, told the NZZ am Sonntag newspaper. The transport office wants to measure the punctuality of regional train and bus lines, along with…

Politicians smooth way for Gulf free trade accord

This content was published on Jun 15, 2014 In May the seven-member delegation met with a number of major Qatari businessmen, including the head of the family-owned, diversified Alfardan Group, Hussein Alfardan, at the home of Martin Aeschbacher, the Swiss ambassador to Doha. The delegation was not large and the visit was not official, but the number of Rolls Royces and the level…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Syngenta pesticide, good or bad for bees?

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Switzerland is Europe’s priciest country

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EU agrees to end corporate tax row with Swiss

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Will a research hub revolutionise the watch sector?

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SNB sticks to franc’s exchange rate with euro

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Cabinet to examine tax deductible bank fines

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Swiss hold prominent slot in small arms exports

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When Swiss pragmatism meets Indian Jugaad

More

Public transport aims to be more punctual

More

Politicians smooth way for Gulf free trade accord

Popular Stories

Most Discussed