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Gender gap in science remains substantial

This content was published on Apr 11, 2013 The She Figures 2012Gender in Research and Innovation report covers the evolution of women’s careers in the 27 European Union countries plus Croatia, Iceland, Israel, Norway, Switzerland and Turkey. One of the features of the European labour market in the past decade has been increasing female representation in third level education. This trend is also…

Swiss banks are not for turning – much

This content was published on Apr 11, 2013 Thatcher famously turned down demands for greater integration with the EU with the response: “No, no, no”. The Swiss Bankers Association has given more or less the same response to an EU demand for the automatic exchange for tax information. “Automatic exchange of information with the EU is not an option for the banks in Switzerland…

Baer shareholders strike first fat cat blow

This content was published on Apr 11, 2013 Nearly 64 per cent of shareholders rejected the pay plan in a non-binding ballot does that not compel Julius Baer make changes. But it follows last month’s decision by the Swiss voters to accept a proposal that will make such shareholder ballots binding in the coming years. Julius Baer plans to shell out CHF15.2 million…

Five Swiss companies among global top 250

This content was published on Apr 10, 2013 Four other Swiss companies – Richemont (74), Swatch (104), Rolex (153) and Emmi (246) – appeared in the sixth annual “Global Powers of Consumer Products”, which identifies the 250 largest consumer products companies. For the first time, the top three spots were filled by companies from the electronic products sector. For the fifth consecutive year,…

Scraping by in a Caracas high-rise

This content was published on Apr 10, 2013 The death of promoter David Brillembourg in 1993 and the financial crisis of recent years put an end to the project. Torre David remained empty until 2007, when the authorities decided to open the first floor to a few hundred needy people. Today the tower houses about 750 families who pay just 170 Bolivar (CHF25)…

YouTube goes Swiss

This content was published on Apr 9, 2013 As the 54th country to get a dedicated YouTube channel, Switzerland doesn’t represent the most lucrative advertising market for Google, but questions about Google’s share of the ad revenue came up nevertheless at an event launching the new service in Zurich on Tuesday. Patrick Warnking, Country Manager for Google in Switzerland, declined to name the…

Another brick in the wall

This content was published on Apr 9, 2013 The secretive, highly layered and multi-jurisdictional trust fund industry has attracted bad headlines ever since the International Consortium of Investigative Journalists uncovered a documentary trail of trusts that led from Singapore to the British Virgin Islands. The inference behind those headlines is that trusts are being used to launder criminal funds and dodge taxes –…

Swiss schadenfreude

This content was published on Apr 8, 2013 “I’m glad that for once other financial centres are also being discussed,” she told Swiss public radio on Monday. “We expect all tax havens around the world to be treated equally.” Thanks to a heap of offshore secrets being unearthed by the International Consortium of Investigative Journalists (ICIJ), a whole range of jurisdictions – from the Cook…

Boot on the other foot

This content was published on Apr 7, 2013 Now, with details of global offshore secrets emerging in the media, it might be Switzerland’s turn to fire a few volleys back at the international community, starting with the Organisation for Economic Cooperation and Development (OECD). There has been a chorus of comment to this effect from politicians and finance officials. “We should put pressure…

Skating on thin ice

This content was published on Apr 7, 2013 Only a few hundred legal experts out of around 9,000 lawyers in Switzerland are actively engaged in the operation, according to the SonntagsZeitung and Le Matin Dimanche Sunday newspapers. But, unlike banks, their activities in the financial world are largely untouched by regulators, allowing them to work under the radar, the newspapers add. This niche group of…

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Gender gap in science remains substantial

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Swiss banks are not for turning – much

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Baer shareholders strike first fat cat blow

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Five Swiss companies among global top 250

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Scraping by in a Caracas high-rise

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YouTube goes Swiss

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Another brick in the wall

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Swiss schadenfreude

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Boot on the other foot

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Skating on thin ice

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