Archive – Banking & Fintech

Tapping computer power to fight malaria

This content was published on Jul 17, 2006 The extra computing power is being used by the Swiss Tropical Institute (STI) in Basel to produce simulation models of the spread and effects of a disease that kills more than a million people a year. The project is the result of a partnership – Africa@home – involving the STI, Geneva University, the European Organization…

Swiss urge EU to do more to cut pollution

This content was published on Jul 16, 2006 The Swiss government, which announced a second package of anti-pollution measures last month, wants the European Union to move quickly in introducing tougher standards. The meeting of European environment ministers and experts in Turku over the weekend marked the first time that Switzerland – which is not a member of the EU – had been…

Microsoft takes Swiss approach in Russia

This content was published on Jul 16, 2006 The 36-year-old Russophile from the Italian-speaking part of Switzerland describes the opportunities and difficulties of working in the fast-moving Russian market, where industry leaders can “hope to see annual growth of 80 to 100 per cent”. After studying computer science at the Federal Institute of Technology in Zurich, Santinelli taught for a year at Moscow…

Deiss pushes for trade agreement with Malaysia

This content was published on Jul 15, 2006 Deiss, who was on his last foreign trip before leaving the cabinet, said in the capital, Kuala Lumpur, on Saturday that the Malaysian government was receptive to the idea. “Concrete negotiations could begin next year,” announced Deiss, who had earlier held talks with Malaysia’s trade and industry minister, Rafidah Aziz. Negotiations on a free-trade agreement…

Major China deal looms for UBS

This content was published on Jul 12, 2006 UBS will pay SFr270 million ($220 million) for a 20 per cent stake of brokerage firm Beijing Securities if its proposal is accepted. When the deal gets rubber stamped, as expected, the brokerage will be renamed UBS Securities, UBS said on Wednesday. The Swiss bank would be the first foreign company to be allowed to…

Whisky galore

This content was published on Jul 12, 2006

Liechtenstein marks 200th birthday

This content was published on Jul 12, 2006 The tiny state has adopted much that is Swiss, including the currency, the postal service and similar tax and banking rules. But it draws the line at importing Swiss democracy. Liechtenstein’s “Day of Sovereignty” on July 12 is the culmination of its bicentennial festivities, which include an official ceremony, a parade by its 11 municipalities,…

Consumers lose appetite for organic food

This content was published on Jul 12, 2006 Turnover was down 0.5 per cent last year to SFr1.183 billion ($950 million), accounting for three per cent of the food market. And there were 2.6 per cent fewer organic farms. The Swiss are still the world’s biggest buyers of organic products, spending SFr160 per person annually. But Otto Schmid of the Swiss Research Institute…

hospitality helps save ukraine’s forests

This content was published on Jul 11, 2006 In the rural villages of Transcarpathia, over-dependence on forest products is threatening the stability of the ecosystem. The local people are trying an alternative: eco-tourism. The region around Chernobyl is not the only part of Ukraine closed to the general public. In the mountains of Transcarpathia, close to the border with Hungary and Romania, another…

challenges lie ahead for pension system

This content was published on Jul 11, 2006 The so-called three-pillar system remains vulnerable though, with structural issues still to be resolved. The Swiss love their insurance. When it comes to life coverage, they are ranked just behind the Japanese and the British. This high degree of cover is included in a complex social insurance scheme that takes into account retirement, disability and…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Tapping computer power to fight malaria

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Swiss urge EU to do more to cut pollution

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Microsoft takes Swiss approach in Russia

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Deiss pushes for trade agreement with Malaysia

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Major China deal looms for UBS

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Whisky galore

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Liechtenstein marks 200th birthday

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Consumers lose appetite for organic food

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hospitality helps save ukraine’s forests

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challenges lie ahead for pension system

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