Archive – Banking & Fintech

Financial centre gets dose of creative flair

This content was published on May 19, 2006 The number of people employed in fields such as art, fashion, design, entertainment and media recently rose by 10.2 per cent, outstripping the 0.5 per cent total growth in Switzerland. The number of cultural enterprises in the city in the same five-year period from 1997 to 2001 mushroomed by 6.8 per cent to 4,300, employing…

Swiss pessimistic about economic future

This content was published on May 18, 2006 A report published by the research group GfS Zurich on Thursday said Swiss business should favour world markets rather than the European Union, which is not a guarantee of stability. “The Swiss no longer believe in the ‘ideal’ of the EU,” Peter Spichiger-Carlsson, the author of the study, told swissinfo. “They are scared and stuck…

Blocher calls for safeguards on salaries

This content was published on May 18, 2006 This would offer better protection for the stakeholders in a company, he said at the opening on Thursday of the annual St Gallen symposium in eastern Switzerland. The issue of high salaries has been particularly highlighted in Switzerland this year. The controversy came after it was revealed that Marcel Ospel, the chairman of Switzerland’s largest…

Bern pursues closer energy links with EU

This content was published on May 17, 2006 The Federal Energy Office said on Wednesday the talks would set regulations for the cross-border trade in energy, which is important for the Swiss economy. It added that such a treaty would also consolidate Switzerland’s position in a broadly liberalised European energy market. In this way, it is hoped to prevent a repeat of the…

Runaway train kills three people

This content was published on May 17, 2006 The three men were on board a runaway maintenance train that crashed into another after travelling more than 30 kilometres following a brake failure. The runaway train was at a site near Blausee early on Wednesday morning when it began moving and heading towards Spiez, according to Mathias Tromp, head of the BLS Railways. The…

fuel for thought

This content was published on May 17, 2006 At the Paul Scherrer Institute not far from Zurich, researchers are testing both promising and lesser-known technology to answer the coming energy crunch. A small car developed at the institute in Villigen recently made headlines far and wide. Built in collaboration with tyre maker Michelin, it was neither fast nor stylish. But what it lacked…

scents and tastes to delight the senses

This content was published on May 17, 2006 At the firm’s research facility just outside Zurich, scientists aren’t just busy mixing chemicals, but grappling with some of nature’s most alluring qualities. For Roman Kaiser, Givaudan’s own fragrance hunter, discoveries take place a long way away from his laboratory in Dübendorf. For years, he’s picked up his kitbag and headed off to exotic locations,…

containers send home news of long journey

This content was published on May 17, 2006 Known as Trec, or Tamper Resistant Embedded Controller, it could become the cornerstone of the company’s global surveillance programme. IBM’s Secure Trade Lane responds to the need for data on shipments in the transport industry amid heightened security fears. According to the company, the logistics industry is fragmented and cannot track shipments along the entire…

syngenta looks to biotechnology

This content was published on May 17, 2006 But claims that its products will help combat hunger around the world or improve people’s health are hotly contested even in its own backyard. Syngenta has become a force to be reckoned with in the five years since it was created by the merger of Novartis’ and AstraZeneca’s crop businesses. It is the world leader…

Young and unskilled workers face welfare trap

This content was published on May 15, 2006 Unemployment is often the main factor triggering the need for financial support by the authorities. Unskilled labour is most likely to depend on welfare. About 220,000 people – mainly foreigners, single parents and youths – depend on welfare, said a report based on data from 2004. Residents in the southern Ticino and the northwestern Jura…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Financial centre gets dose of creative flair

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Swiss pessimistic about economic future

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Blocher calls for safeguards on salaries

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Bern pursues closer energy links with EU

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Runaway train kills three people

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fuel for thought

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scents and tastes to delight the senses

More

containers send home news of long journey

More

syngenta looks to biotechnology

More

Young and unskilled workers face welfare trap

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