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Court decision leaves bad taste in Lindt’s mouth

This content was published on Mar 28, 2013 Lindt, which traces its origins to a Zurich confectionery shop set up in the 1840s, has been fighting Germany’s Confiserie Riegelein since 2000 to try to stop it producing similar chocolate bunnies. But on Thursday, Germany’s Federal Court of Justice rejected a final appeal by Lindt. “We’re very glad that this case has found a…

First-ever drop in Swiss rail passengers

This content was published on Mar 26, 2013 Whereas leisure and tourist travel were down, business and commuter travel continued to grow, Federal Railways spokesman Daniele Pallecchi confirmed on Tuesday. In spite of the decline in leisure travel, the number of kilometres travelled by passengers on international routes increased by roughly six per cent, in particular on the route between Zurich and Paris…

UBS unimpressed with Facebook IPO repayment

This content was published on Mar 26, 2013 The United States Securities and Exchange Commission (SEC) approved the Nasdaq stock exchange’s repayment package on Monday, stating that while it does not cover all the institution’s losses, it is “significantly more compensation for eligible claims, outside of litigation, than would otherwise be available.” But UBS spokesperson Serge Steiner said the bank intends to seek…

Nanotechnology helps packaging smarten up

This content was published on Mar 25, 2013 The Swiss packaging industry, which represents about 250 firms and 19,000 workers, accounts for about 1.1 per cent of national annual gross domestic product (GDP), or CHF586 billion – a much higher figure than in other countries. Of this, CHF3.6 billion comes from plastics, while CHF1 billion is from cardboard sales. Swiss firms include the…

Free trade talks require watching and waiting

This content was published on Mar 24, 2013 In an interview with the NZZ am Sonntag newspaper, Economics Minister Johann Schneider-Ammann assumed a realistic tone when asked about the progress of free trade talks with China, stating that progress was made in the latest round of talks but that there remain “a few hard nuts to crack”. “When we ask the Chinese to…

How children draw the world

This content was published on Mar 24, 2013 The archive is home to around 50,000 drawings collected from schools and competitions worldwide. They document everyday life, political and social events, as well as how art classes changed over time. Childrens’ drawings and paintings have up until now only been of interest to developmental psychologists. They have, however, been little studied by art historians.…

Developing nations are no second-hand market

This content was published on Mar 22, 2013 Stoll knows Africa well. During the 1990s, he moved to Cameroon from Vevey for three years as part of a twin-city partnership, working under local conditions for the same salary as his colleagues there. After returning to Switzerland, he earned a masters’ degree in public health management and now works between Geneva and Basel, headquarters…

Researchers tackle obstacles to medical aid

This content was published on Mar 22, 2013 Medical devices sent to developing countries are often unsuitable or just don’t work. To help overcome this, the EssentialTech programme, an initiative of Lausanne’s Federal Institute of Technology (EPFL), is promoting technologies that contribute to reducing poverty. “It’s not about patching together cheap versions of devices that already exist. We have to reinvent everything, starting with…

Crowdfunding revives oldest Swiss watch factory

This content was published on Mar 21, 2013 When Steinemann bought the dormant DuBois et Fils watch factory in 2010, he was convinced that banks and investors would follow him in recapitalising the company. Founded in 1785, it is the oldest Swiss watch factory and one of the oldest Swiss watch brands. Despite the emotional appeal of the brand and Steinemann’s 30 years…

Swiss banks face US Libor lawsuit

This content was published on Mar 20, 2013 UBS was fined $1.5 billion (CHF1.4 billion) by various regulators last year after admitting its role in the global interest rate rigging scam. Credit Suisse is one of many banks also under investigation. Freddie Mac is suing the banks, plus the British Bankers’ Association that was responsible for overseeing Libor, after it was found that…

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Court decision leaves bad taste in Lindt’s mouth

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First-ever drop in Swiss rail passengers

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UBS unimpressed with Facebook IPO repayment

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Nanotechnology helps packaging smarten up

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Free trade talks require watching and waiting

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How children draw the world

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Developing nations are no second-hand market

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Researchers tackle obstacles to medical aid

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Crowdfunding revives oldest Swiss watch factory

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Swiss banks face US Libor lawsuit

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