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The benefit jungle

This content was published on Nov 3, 2006 These different child benefit systems are often considered an example of why federalism doesn’t always work. The Swiss constitution allows the government to set child benefits, but the authorities have only done so in the agricultural sector. For other professional categories, cantonal legislation sets the guidelines. Some companies also have their own system, in this…

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New air hand luggage rules come into force

This content was published on Nov 3, 2006 The new regulations come after British police announced last August they had foiled a plot to bomb flights to the United States using liquid explosives. Swiss officials announced in October that they had adopted the rules, following a decision by the EU to step up airline security. “The Federal Aviation Office took this decision to…

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Pay slump

This content was published on Nov 2, 2006

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Barry Callebaut produces rich results

This content was published on Nov 2, 2006 The Zurich-based company’s positive results for 2005-2006, announced on Thursday, come after last year’s bitter-sweet fall in profit, despite higher sales. Barry Callebaut, a maker of chocolate for food manufacturers, artisans and chefs, said it welcomed the figures. The results were largely in line with analysts’ expectations. “We are pleased that we have again achieved…

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Credit Suisse results shine over rival UBS

This content was published on Nov 2, 2006 This contrasts with net profit from its rival UBS, which earlier this week announced a net profit drop of 21 per cent from a year ago to SFr2.2 billion, significantly less than expected. Credit Suisse said on Thursday its profit had fallen by only one per cent compared with the same period last year and…

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Switzerland losing corporate tax advantage in Europe

This content was published on Nov 1, 2006 Stiff competition from Ireland and eastern European countries coupled with a European Union attack on the Swiss tax system could undermine Switzerland’s reputation. The report by tax specialists KPMG shows that Switzerland as a whole occupies a mid-table position in the corporate tax league. But several Swiss cantons, which can set their own rates, are…

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Schweizerhalle still casts shadow 20 years on

This content was published on Nov 1, 2006 And although residents have placed their trust in the industry again, doubts remain. The environmental nightmare began after a fire broke out at a Sandoz company chemical warehouse at the Schweizerhalle industrial area outside of the city in the early hours of November 1, 1986. As the warehouse went up in flames, the surrounding area…

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Schweizerhalle still casts shadow 20 years on

This content was published on Nov 1, 2006 And although residents have placed their trust in the industry again, doubts remain. The environmental nightmare began after a fire broke out at a Sandoz company chemical warehouse at the Schweizerhalle industrial area outside of the city in the early hours of November 1, 1986. As the warehouse went up in flames, the surrounding area…

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Federal budget sees surplus this year

This content was published on Nov 1, 2006 It said a robust economy and budget cuts led to the positive result. The forecast for this year had foreseen a deficit of SFr697 million. In total the surplus will amount to SFr2.2 billion. Not taken into account is the SFr2.1 billion income generated by the sale of shares in the country’s main telecoms operator,…

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Archive – Banking & Fintech

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Mounting tunnel costs cause controversy

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The benefit jungle

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New air hand luggage rules come into force

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Pay slump

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Barry Callebaut produces rich results

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Credit Suisse results shine over rival UBS

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Switzerland losing corporate tax advantage in Europe

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Schweizerhalle still casts shadow 20 years on

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Schweizerhalle still casts shadow 20 years on

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Federal budget sees surplus this year

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