Archive – Banking & Fintech

Swiss aim to boost productivity and foreign trade

This content was published on Jan 9, 2008 Leuthard also said regulations in the agricultural as well as electricity, telecom and postal sectors must be reduced to increase the competitive edge on domestic markets. “We have to continue the pace of reforms and increase productivity. Cutting costs will enable us to achieve higher salaries,” she told a news conference on Wednesday. She added…

Lack of time and self-control “bad for diet”

This content was published on Jan 9, 2008 The main reasons for poor nutrition were lack of self-discipline and time, St Gallen University researchers revealed on Wednesday. More than 70 per cent of respondents said nutrition was important or very important to them and 55 per cent said they were currently on a diet. While consumers consider more carefully what they eat, their…

Revolutionising car design

This content was published on Jan 9, 2008 The engineer spent years working for traditional car manufacturers before Germany’s strong automobile industry drove him to Lucerne, where he set up his headquarters in 2004. “In terms of climate change, current automobile technology is a disaster,” says Maskus, who has created a futuristic vehicle that could revolutionise the way we drive. The Acabion GTBO…

Foreigners drive up luxury home prices

This content was published on Jan 9, 2008 One survey shows the cost of high-end housing in Geneva has more than doubled since 2000 and risen 64 per cent on parts of Lake Zurich. But experts say these are isolated cases and the general market remains stable. The recent opening of Swiss borders to European Union workers has paved the way for more…

Swiss come high up in globalisation rankings

This content was published on Jan 8, 2008 Economic Institute KOF’s Index of Globalisation, published on Tuesday, compared 122 countries, with small, western European nations generally topping the list. According to the Zurich-based KOF, globalisation in Switzerland has increased continuously since the 1970s and particularly since the 1990s. Since 1991 Switzerland has been among the world’s ten most globalised countries. Despite falling in…

Online supermarkets attract more shoppers

This content was published on Jan 8, 2008 More and more people are going online to fill their shopping basket with groceries, bringing success to LeShop and its competitors, but this market segment still accounts for less than one per cent of Swiss retail sales. LeShop.ch, which is a subsidiary of retail giant Migros, on Tuesday reported a record SFr92.3 ($82.7) million turnover…

Swiss Re set to expand in Vietnam

This content was published on Jan 8, 2008 Under the terms of the deal, worth SFr88.3 million ($79 million), Swiss Re will be VinaRe’s sole foreign strategic partner. The Zurich-based company said it was part of its policy of continuing to expand its business in Asia. In a statement, Swiss Re said it would provide technical assistance to the Hanoi-based VinaRe across all…

Online retailer spins solid growth on the web

This content was published on Jan 8, 2008 The online retailer, which belongs to the Migros group and is celebrating its tenth anniversary in April, has almost tripled its turnover since 2004. Last year about 47,500 people clicked on the online supermarket to order food and other merchandise – a 41 per cent increase compared with 2006. Its best-ever period of sales was…

Tortilla Flat: From Vine To Wine

This content was published on Jan 8, 2008

Peter Schibli becomes new Editor-in-Chief of swissinfo.ch

This content was published on Jan 8, 2008 Bern, 7 January 2008 As a journalist and multimedia specialist, Peter Schibli joined Basler Zeitung in 1986, variously serving as its Germany and USA correspondents. From 2000 onwards, he built up the newspaper’s baz-online website, leading the online editorial team and being appointed to the Editorial Board in 2004. He joined swissinfo.ch as a project…

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