Archive – Banking & Fintech

Hoteliers see slight winter dip

This content was published on Jun 6, 2011 The number of stays dipped to 15.8 million, according to the Federal Statistics Office on Monday. Of these, 7.1 million were Swiss. While the number of Swiss visitors was up 1.2 per cent, foreign guests were down 2.2 per cent. Swiss Tourism blamed this on the strong franc and poor snow conditions. It added that…

ART: Art 42 Basel

This content was published on Jun 6, 2011 The world’s top international art show for modern and contemporary works with 300 leading galleries from all over the world and 2’500 artists, ranging from the great masters of Modern art to the latest generation of emerging stars. The exhibition includes paintings, sculptures, drawings, installations, photographs and videos.

Baby milk “Nespresso” machine draws fire

This content was published on Jun 6, 2011 Its BabyNes product, built along the lines of its successful Nespresso coffee machine, has reignited a long standing debate about the morality and possible health implications of commercialising breast milk alternatives. The machine, that is being trialed in Switzerland, mixes capsules of baby milk formula with filtered water to quickly produce bottles for infants. The…

Swissmedic warns against illegal slimming aids

This content was published on Jun 6, 2011 Swissmedic, the Swiss Agency for Therapeutic Products, issued a strong warning against such items after analysing 122 samples of illegally imported medicinal items seized by the customs authorities in 2010. Nearly 90 per cent of the items tested contained substances known to be dangerous. They included Sibutramine, which can lead to heart and circulatory complications.…

Swiss record third E.coli case

This content was published on Jun 3, 2011 It said on Friday that like the two previous cases, the bacterium had been contracted during a stay in Germany, the country with the most cases so far. All three patients are reported to be stable. Scientists have blamed Europe’s worst recorded food-poisoning outbreak – which has caused at least 18 deaths, 17 of them…

Farmers destroy cucumbers over E.coli fears

This content was published on Jun 3, 2011 This is despite the fact that cucumbers have been cleared as the source of the bacteria, which has killed at least 17 people in neighbouring Germany. According to a Swiss television report, the Seeländer BioGroup alone will have to destroy 30,000-40,000 of its cucumbers. Another Zurich farmer is due to throw away around 10,000 cucumbers…

The Cisalpino nears the end of the line

This content was published on Jun 2, 2011 The train has had its fair share of breakdowns and many passengers complained that it made them feel sick in the twisty parts of the line in the Bernese Oberland and to and from the Gotthard tunnel. The ETR 470, as it’s known to railway buffs, has been criticised over the years, not least because…

Switzerland passes OECD grey list hurdle

This content was published on Jun 1, 2011 A largely positive peer review on Swiss tax cooperation was carried out by the Global Forum on Transparency and Exchange of Information for Tax Purposes and presented in Bermuda on Wednesday. The review found that while Switzerland had made progress in meeting global tax cooperation requirements over the past two years, several areas needed improvement. In…

China to use Swiss expertise to monitor dams

This content was published on Jun 1, 2011 The Sino-Swiss meeting took place on the sidelines of the annual conference of the International Commission on Large Dams in Lucerne on Wednesday. Switzerland, with the highest density of dams in the world as well as the world’s highest concrete dam, the Grande-Dixence, sources 55 per cent of its electricity needs from hydroelectric power. Swiss…

Investment Bank puts freeze on Glencore

This content was published on Jun 1, 2011 The EIB, the European Union’s lending institution, provided a $50 million (SFr42 million) loan in 2005 to Mopani Copper Mines, a Zambian subsidiary of Zug-based Glencore, to help pay for modernisation work. But Mopani has since been accused by some non-governmental organisations – most recently campaign groups in an open letter signed by a group…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Hoteliers see slight winter dip

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ART: Art 42 Basel

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Baby milk “Nespresso” machine draws fire

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Swissmedic warns against illegal slimming aids

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Swiss record third E.coli case

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Farmers destroy cucumbers over E.coli fears

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The Cisalpino nears the end of the line

More

Switzerland passes OECD grey list hurdle

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China to use Swiss expertise to monitor dams

More

Investment Bank puts freeze on Glencore

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