Internal: Archive

Government seeks concession on money laundering

This content was published on Jun 27, 2012 The Swiss reporting office is a member of the Egmont Group, an international association of “Financial Intelligence Units”, which since July last year has been threatening to suspend Switzerland. The MROS, part of the Federal Police Office, is the only member of the 127-strong group that has refused to transmit financial information to fellow authorities.…

Charting the ups and downs of exports

This content was published on Jun 27, 2012 Analysts say the negative impact of the strong franc was not as damaging as it could have been thanks to exchange rate insurance that many Swiss firms bought. However, these policies have now expired. Swiss exports have dipped significantly this year, down 5.5 per cent in the first five months of 2012. The export sector…

Swiss set sights on emerging markets

This content was published on Jun 27, 2012 Switzerland remains highly attractive for these fast-growing economies due to its high standard of living – gross domestic product (GDP) per capita of $67,457 in 2010, according to the World Bank – surpassed only by Norway and Luxembourg. And Swiss firms are keen to tap into the potential of the top ten trading partners in…

“Mexico’s growth is superior to that of Europe”

This content was published on Jun 27, 2012 swissinfo.ch talked to Rudolf Knoblauch, the Swiss ambassador to Mexico, about trade opportunities between the two countries, especially for small-and-medium-sized businesses. swissinfo.ch: How would you describe Switzerland’s business relationship with Latin America? Rudolf Knoblauch: Our relationship with Latin America began long before the Second World War. It’s good, but it could be better. Trade relations…

World’s oldest billionaire dies

This content was published on Jun 27, 2012 According to Forbes’s 2012 list of billionaires, he was the joint 248th richest person in the world and the oldest person worth more than $1 billion. That honour now goes to David Rockefeller Sr., the 97-year-old grandson of oil baron John D. Rockefeller. Haefner, who died last week but whose death was only announced on…

Job cuts reports pile pressure on Credit Suisse

This content was published on Jun 26, 2012 Citing unnamed sources familiar with the planned layoffs, Reuters and The New York Times reported layoffs would begin in the summer and continue over the next 12 months. Reuters said the cuts would primarily affect advisory and financing jobs in London. Credit Suisse declined to comment on the reports. If confirmed, the layoffs will cap…

Swiss employees generally happy at work

This content was published on Jun 25, 2012 The report, drawn up jointly with the University of Applied Sciences and Arts Northwestern Switzerland, compares working conditions in Switzerland with those in countries of the European Union, and how these have changed between 2005 and 2010. “In no country of the European Union is working time as flexible as in Switzerland,” the study said.…

Gotthard line changes from asset to weak spot

This content was published on Jun 24, 2012 Whoever wants to cross the Swiss Alps by train or road has two alternatives: the Gotthard (rail or road tunnel) in central Switzerland or the Lötschberg-Simplon axis (rail or Simplon pass) in cantons Bern and Valais. The Gotthard is the faster and more direct connection. However, it’s been closed since June 5 due to the…

Through and over the Gotthard

This content was published on Jun 24, 2012 Since the Gotthard tunnel opened in 1882, roads and railways have competed against each other at the Gotthard. In 1980, the Gotthard road tunnel was opened, giving people direct access to the “other side”. While a new rail tunnel is currently being built, a fierce debate has erupted over the construction of a second road…

Banks shrug off Moody’s downgrades

This content was published on Jun 22, 2012 Overnight on Thursday, Moody’s downgraded 15 banks and securities firms operating in global capital markets as part of a major review initiated in February. Other banks to be downgraded in the widely anticipated action by the ratings agency included Citigroup, Goldman Sachs, Barclays, HSBC and JP Morgan Chase. Moody’s said in a statement that the…

Internal: Archive

Popular Stories

Most Discussed

Internal: Archive

More

Government seeks concession on money laundering

More

Charting the ups and downs of exports

More

Swiss set sights on emerging markets

More

“Mexico’s growth is superior to that of Europe”

More

World’s oldest billionaire dies

More

Job cuts reports pile pressure on Credit Suisse

More

Swiss employees generally happy at work

More

Gotthard line changes from asset to weak spot

More

Through and over the Gotthard

More

Banks shrug off Moody’s downgrades

Popular Stories

Most Discussed