Archive – Banking & Fintech

A drop in the ocean

This content was published on Apr 4, 2013 The fact is that Swiss entities represent just 0.05% of the global agents soon to be revealed as members of an international web of tax abuse. The Washington-based International Consortium of Investigative Journalists (ICIJ) has a 260 gigabyte haul of data implicating 122,000 trusts and other shady structures set up by 12,000 financial intermediaries in…

Navigating the global offshore money maze

This content was published on Apr 4, 2013

Wine industry savours Robert Parker acclaim

This content was published on Apr 4, 2013 This is not the first time that Swiss wine has received the plaudits of internationally renowned critics. But as prominent expert Hugh Johnson pointed out 30 years ago, the evidence of its quality rarely gets beyond Swiss frontiers since most of it is consumed at origin. In a 2008 seminal review, Financial Times wine critic…

Ex-minister lets Swiss pass bank data to France

This content was published on Apr 3, 2013 Normally such procedures take several weeks or even months, but in this case can be speeded up since Cahuzac has given his permission for the transfer of information. The statement said Geneva prosecutor Yves Bertossa had acted on a French request to obtain documents from UBS and Reyl & Cie, the two banks involved. It…

Cheap surfing remains hard away from home

This content was published on Apr 3, 2013 An early morning walk down Fribourg’s main commercial drag. On the way, you can meet in the space of a few minutes a Texas Ranger with a date at the Coliseum, an action hero looking to infinity and beyond, oh, and a French porn star. Don’t think about getting any autographs though. These are just…

Should Wi-Fi be free in public places?

This content was published on Apr 3, 2013 Some Swiss cities as Geneva or Lucerne have set up Wi-Fi access points enabling users to connect with the rest of the world free of charge. For everywhere else, locals and travellers often have to rely on the expensive connections provided by telecommunications’ operators.

Press consider Novartis ruling short-sighted

This content was published on Apr 2, 2013 The ruling cements the role of Indian companies as big suppliers of inexpensive generics to India’s rapidly growing $13 billion (CHF12.3 billion) drug market and also across the developing world. India introduced drug patenting in 2005 with a provision to exclude the protection for medicines which it considers a modification of an existing compound. The…

Novartis loses landmark patent case in India

This content was published on Apr 1, 2013 India’s top court has refused marketing exclusivity for a new form of Glivec on the grounds that it is not a novel medicine but an amended version of an existing compound. The decision means that generic drug makers are officially allowed to sell more affordable copies of the cancer treatment in India. The Supreme Court’s…

Switzerland tops European innovation list

This content was published on Mar 30, 2013 The Innovation Union Scoreboard 2013, published this week, gives a comparative assessment of the innovation performance of the EU’s 27 member states and the relative strengths and weaknesses of their research and innovation systems. It also covers Croatia, Iceland, Macedonia, Norway, Serbia, Switzerland and Turkey. Switzerland, which isn’t a member of the EU, confirmed its…

Court decision leaves bad taste in Lindt’s mouth

This content was published on Mar 28, 2013 Lindt, which traces its origins to a Zurich confectionery shop set up in the 1840s, has been fighting Germany’s Confiserie Riegelein since 2000 to try to stop it producing similar chocolate bunnies. But on Thursday, Germany’s Federal Court of Justice rejected a final appeal by Lindt. “We’re very glad that this case has found a…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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A drop in the ocean

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Navigating the global offshore money maze

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Wine industry savours Robert Parker acclaim

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Ex-minister lets Swiss pass bank data to France

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Cheap surfing remains hard away from home

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Should Wi-Fi be free in public places?

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Press consider Novartis ruling short-sighted

More

Novartis loses landmark patent case in India

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Switzerland tops European innovation list

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Court decision leaves bad taste in Lindt’s mouth

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