Archive – Banking & Fintech

Authorities give GM crop trials the green light

This content was published on Sep 4, 2007 It said on Tuesday that two teams could carry out three GM field experiments near Zurich and Lausanne, including observations of potential crossbreeding between wheat and wild grass, but only under “very strict conditions”. Official appeals against the experiments can still be lodged with the Federal Court within the next 30 days – but only…

Nestlé swallows Swiss water firm Henniez

This content was published on Sep 4, 2007 Nestlé said in a statement on Tuesday that it was buying a 62 per cent stake in the popular Swiss brand from the Rouge family at SFr3,000 per share. Nestle will then launch a public tender offer for the remaining listed shares of the family-run firm at SFr5,303 francs per share, below the company’s closing…

Swisscom follows EU lead to cut roaming fee

This content was published on Sep 3, 2007 The company could lose at least SFr50 million ($30.4 million) in revenues next year in response to new European Union rules. One of Switzerland’s other big mobile providers, Sunrise, has already followed suit. Swisscom is not bound by EU law because Switzerland is not an EU member but reacted as European competitors began to cut…

In search of the trend flavours of the future

This content was published on Sep 3, 2007 Givaudan, the Geneva-based world leader in flavours and fragrances featured them all at a presentation on trend identification in flavours at one of its research centres near Zurich. While some people might scoff at the idea of making your own noodles from a liquid that comes out of what looks like a small plastic bottle…

Swiss struggle to close “productivity gap”

This content was published on Sep 3, 2007 A report published by the Geneva-based International Labour Organization shows average per capita output of $41,310 (SFr49,815) – a figure dwarfed by the French with their 35-hour week. Workers in France ($54,609), Austria ($48,162), Italy ($46,154) and Germany ($42,345) easily outstrip their Swiss counterparts. They are also far more productive for each hour worked: the…

Spending cuts clip air force wings

This content was published on Sep 2, 2007 It comes as the air force is undergoing a re-organisation and amid continuing public protests over noise pollution from military airports. The air force currently has 40 professional pilots for its F/A 18 fighter jets and looks set to lose another four staff who have handed in their notice, says air force spokesman Jürg Nussbaum.…

Experts sound alarm bells over animal species

This content was published on Sep 1, 2007 The United Nations Food and Agriculture Organization (FAO) and non-governmental groups are at loggerheads over intellectual property rights of animal breeds and their genes. The NGO Swissaid says the preservation of biodiversity is key for the survival of 830 million farmers, breeders and nomads worldwide. “The industrialisation of the agricultural sector over the decades is…

Sun shines on one-of-a-kind apartment block

This content was published on Sep 1, 2007 The heat for the eight apartments in the building in the town of Burgdorf will be provided by 276 square metres of solar roof panels connected to a giant water storage tank. “It’s not well known that solar power can cover most of a building’s energy requirements, or even provide all of its heating without…

Swiss unions demand bigger salaries for all

This content was published on Aug 31, 2007 At a news conference in Bern on Friday, they also demanded an extra one per cent on top of that for women. Their call came as the Federal Statistics Office said the economy grew at 3.2 per cent last year, an upwards revision from 2.7 per cent before. “The economic situation, whether regarding exports or…

Arms deal with Romania triggers controversy

This content was published on Aug 31, 2007 But according to the State Secretariat for Economic Affairs (Seco), there is nothing wrong with the destination or the material to be exported. Seco and the Swiss foreign ministry approved last week the sale of 31 Piranha armoured vehicles to Romania produced by Swiss firm Mowag, as confirmed by the head of the company on…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Authorities give GM crop trials the green light

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Nestlé swallows Swiss water firm Henniez

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Swisscom follows EU lead to cut roaming fee

More

In search of the trend flavours of the future

More

Swiss struggle to close “productivity gap”

More

Spending cuts clip air force wings

More

Experts sound alarm bells over animal species

More

Sun shines on one-of-a-kind apartment block

More

Swiss unions demand bigger salaries for all

More

Arms deal with Romania triggers controversy

Popular Stories

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