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Federal Court upholds Nestlé Nespresso appeal

This content was published on Jun 28, 2011 The Federal Court’s civil division in Lausanne ruled the case could legally be found in favour of the food giant Nestlé. Three of the judges said they accepted the appeal, and two said it was inadmissible. Nestlé opposed a decision by the St Gallen commercial court, which provisionally approved the sale of generic capsules by…

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Lawyer fined millions for tax evasion

This content was published on Jun 28, 2011 Appearing in a federal court on Monday, the lawyer admitted hiding around $26.4 million in the account. The account was opened in December 2005 under the name of an offshore company and the money deposited a month later. He also admitted having transferred the money to the private St Gallen bank Wegelin & Co in…

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“Green economy” boasts dynamic growth

This content was published on Jun 26, 2011 And the growth will continue. The environmental organisation forecasts that 53,000 new jobs linked to the “green economy” will be created between now and 2020. Helene Sironi, head of further education at WWF Switzerland, tells swissinfo.ch that new professions will come into being and many members of the current Swiss workforce will need retraining to…

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South American mines entice Xstrata and friends

This content was published on Jun 25, 2011 The Anglo-Swiss mining giant Xstrata is currently pushing ahead with $5 billion (SFr4.1 billion) in projects for Peru. The firm has been trying to build community goodwill but there is local resistance to plans. Xstrata, which is headquartered in Zug, recently reaffirmed it will go ahead with its $4.2 billion Las Bambas copper project in…

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Student brain power appeals to investors

This content was published on Jun 24, 2011 People who finance the studies of the next generation of workers stand to make a five per cent return on their capital, and make a positive contribution to society, according to the Studienaktie investment scheme. The system also promises to help cash-strapped students fund their courses without having to work part-time or extend their studies.…

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Swiss keep close eye on Greek tragedy

This content was published on Jun 22, 2011 Greek Prime Minister George Papandreou received a vote of confidence for his government in the early hours of Wednesday, but faces a more crucial test next week when parliament decides whether to accept €28 billion (SFr34 billion) in austerity measures. If this package of government spending cuts, tax increases and privatisation of state assets is…

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Survey counts the millionaires

This content was published on Jun 22, 2011 The United States financial management company said there were 243,000 dollar millionaires in Switzerland in 2010, a ten per cent rise on the previous year. Merril Lynch said in its global report published on Wednesday that the significant increase in millionaires in Switzerland was due to two main factors: the rise in the strength of…

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Bern anti-nuclear protest camp cleared

This content was published on Jun 21, 2011 The city government issued a statement saying the decision to clear camp outside the headquarters of BKW Energy, which operates Mühleberg, had been taken after the activists had refused to dismantle the tents despite lengthy discussions. It said it would have been prepared to allow a permanent vigil, but had made it clear from the…

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Young inventor stopped in his tracks

This content was published on Jun 20, 2011 The unnamed 17-year-old welded together the front of a moped and the back of a Renault Clio, and stuck the back of the moped on the end. To make sure it would stop, he combined the car’s handbrake and the moped’s front brake, as Monday’s edition of the online 20 Minuten newspaper reported. And he…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Matt Allen on the strong franc

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Federal Court upholds Nestlé Nespresso appeal

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Lawyer fined millions for tax evasion

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“Green economy” boasts dynamic growth

More

South American mines entice Xstrata and friends

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Student brain power appeals to investors

More

Swiss keep close eye on Greek tragedy

More

Survey counts the millionaires

More

Bern anti-nuclear protest camp cleared

More

Young inventor stopped in his tracks

Popular Stories

Most Discussed