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Cabinet to examine tax deductible bank fines

This content was published on Jun 18, 2014 The same issue was dismissed by parliament a year ago, but has come back on the agenda following an admission by Credit Suisse that it might claim a tax rebate on $800 million of the $2.8 billion (CHF2.5 billion) financial penalty it received from the United States in May. At present, each canton is free…

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Swiss hold prominent slot in small arms exports

This content was published on Jun 17, 2014 Small Arms Survey ranked Switzerland sixth in overall arms exports behind the United States, Italy, Germany, Brazil and Austria, and ahead of Israel, Russia and South Korea. Swiss small arms and ammunition exports amounted to $191 million (CHF172 million) in 2011, compared with $917 million in the US. The report was presented at the United…

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When Swiss pragmatism meets Indian Jugaad

This content was published on Jun 17, 2014 Despite a recent slowdown, the huge Indian economy has proved extremely fertile for Swiss companies with exports and direct investment galloping ahead since the turn of the Millennium. But any foreign market offers pitfalls as well as opportunities. “India has proved one of the most exciting yet complex and challenging countries we have operated in,”…

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Public transport aims to be more punctual

This content was published on Jun 15, 2014 Customers react quickly to delays, breakdowns and a lack of information according to the office. “The quality of services is a very important aspect of travel for passengers,” its deputy director, Pierre-André Meyrat, told the NZZ am Sonntag newspaper. The transport office wants to measure the punctuality of regional train and bus lines, along with…

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Politicians smooth way for Gulf free trade accord

This content was published on Jun 15, 2014 In May the seven-member delegation met with a number of major Qatari businessmen, including the head of the family-owned, diversified Alfardan Group, Hussein Alfardan, at the home of Martin Aeschbacher, the Swiss ambassador to Doha. The delegation was not large and the visit was not official, but the number of Rolls Royces and the level…

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‘Pilgrim strippers’ prepare for final dance

This content was published on Jun 13, 2014 It’s early evening in the Swiss capital, Bern. Outside a strip club a young man peers at photos on a poster. Inside five women from eastern Europe and the Dominican Republic dressed in short skirts wait for their first customers of the day. “We sell dreams,” says lapdance club owner Max Hufschmid, who has been…

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Banks no longer seek ‘Swiss solution’

This content was published on Jun 12, 2014 “We’ve been fighting for banking secrecy for many years, but now we have changed our religion,” said Michel Dérobert, director of the Association of Swiss Private Banks. Dérobert was one of the speakers at a two-day seminar with journalists earlier this month. The bankers used the occasion to put on brave faces – explaining how…

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A national exhibition that won hearts and minds

This content was published on Jun 11, 2014 Swiss National Exhibitions have been held six times since 1883, showcasing advancements in the industry and craftsmanship. They are considered a snapshot of the country’s spiritual and intellectual state at a specific time.The 1939 national exhibition, commonly known as the Landi, inspired the nation to defend itself and to reflect on its identity, torn between…

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Campaigners criticise lack of living textile wages

This content was published on Jun 11, 2014 About half of the 18 firms surveyed only gave standard answers to wage questions and failed to show what they are doing to secure living wages in their own production chains, the group criticises. “Some of them provided even less information than for the Clean Clothes Campaign report in 2010,” a statement said. None of them…

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Swiss show off skills (and roots) in Brazil

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Cabinet to examine tax deductible bank fines

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Swiss hold prominent slot in small arms exports

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When Swiss pragmatism meets Indian Jugaad

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Public transport aims to be more punctual

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Politicians smooth way for Gulf free trade accord

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‘Pilgrim strippers’ prepare for final dance

More

Banks no longer seek ‘Swiss solution’

More

A national exhibition that won hearts and minds

More

Campaigners criticise lack of living textile wages

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