Archive – Banking & Fintech

Education seen as key to economic revival

This content was published on Nov 23, 2009 The Swiss Business Federation, economiesuisse, predicts gross domestic product (GDP) to shrink by 2.1 per cent by the end of the year but recover slightly in 2010 to grow by 0.7 per cent if conditions do not deteriorate. In common with many forecasters, economiesuisse expects the domestic market – which has propped up the economy…

Swiss fight internet supply of illegal medicines

This content was published on Nov 22, 2009 The campaign, involving more than 20 countries, resulted in a series of arrests and the seizure of thousands of potentially harmful medical products, according to Interpol. “The problem of supply of counterfeit and illegal medicines is a global problem and everywhere around the world this is a growing trend,” Ruth Mosimann, head of the Control…

Hire at home not abroad, says labour head

This content was published on Nov 21, 2009 Serge Gaillard, head of Seco’s labour division, told Swiss television that despite rising unemployment, the number of foreigners granted work permits was still increasing. Companies in the industrial sector had laid off a lot of their workforce, Gaillard said, while other branches less affected by the economic crisis were still looking abroad to hire staff.…

Swiss make more but shorter trips abroad

This content was published on Nov 20, 2009 Figures issued by the Federal Statistics Office on Friday show that the number of day trips had gone down since the most recent survey in 2003, but the number of trips with overnight stays had gone up. Nearly half of the trips with overnight stays were to destinations inside Switzerland. In the past ten years…

Merz upbeat about presidential year

This content was published on Nov 20, 2009 In an interview in Friday’s edition of the free newspaper 20 Minuten, he says his attempt to obtain the release of two businessmen held in Libya for more than a year was foiled by the publication of police photos of Hannibal in detention in the Tribune de Genève newspaper. Hannibal’s father, Libyan leader Moammar Gaddafi,…

Spotlight falls on shadier tax evasion scams

This content was published on Nov 19, 2009 UBS clients who used sham shell companies, disposable mobile telephones and credit cards to funnel cash into Switzerland will also come under the scrutiny of the Internal Revenue Service (IRS). The Swiss government agreed a deal with the US authorities in August to hand over the names of 4,450 UBS clients following a confession from…

Gold expected to retain its shine

This content was published on Nov 19, 2009 The yellow metal remains the “best wealth preserving asset”, analysts told a conference in Zürich this week. The Reserve Bank of India purchased about 200 tonnes of gold from the International Monetary Fund last week, and the Swiss National Bank said it posted a profit of almost SFr7 billion in the nine months to September,…

“Financial crisis spurs economic crime”

This content was published on Nov 19, 2009 The report from consultants PricewaterhouseCoopers says that “rather surprisingly” only 17 per cent of the Swiss companies surveyed reported being the target of economic fraud in the past 12 months. “We believe that the figures reported by our respondents are just the tip of the iceberg,” the survey authors said. It added: “There is a…

Clariant sheds 570 more jobs and closes plants

This content was published on Nov 19, 2009 The company, which makes pigments for a wide range of products from textiles to cars, has already announced more than 2,000 job cuts this year in a restructuring programme. Clariant, which is based near Basel, on Thursday said the aims of the cuts and closures was to “further optimise its global network in order to…

Freight tax battle to be taken further

This content was published on Nov 18, 2009 The Federal Administrative Court earlier this month upheld a complaint by the Swiss Road Hauliers’ Association against a ten per cent increase in the tax imposed in 2008, which took it to a maximum of SFr325 ($319) per year. The court based its decision on the fact that by law the tax can only cover…

Page 660 of 1641

First … 658 659 660 661 662 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Education seen as key to economic revival

More

Swiss fight internet supply of illegal medicines

More

Hire at home not abroad, says labour head

More

Swiss make more but shorter trips abroad

More

Merz upbeat about presidential year

More

Spotlight falls on shadier tax evasion scams

More

Gold expected to retain its shine

More

“Financial crisis spurs economic crime”

More

Clariant sheds 570 more jobs and closes plants

More

Freight tax battle to be taken further

Popular Stories

Most Discussed