Internal: Archive

Thriving housing market threatens debt trap

This content was published on Mar 26, 2012 Swiss households took on SFr28 billion in additional loans in 2010 to bring the total pot to SFr632 billion ($690 billion). Concerns centre on lax lending standards and a tax quirk that discourages people from paying off debt. In addition to approving a previous recommendation to crack down on mortgage lenders, the taskforce urged the…

Modern farming and its risks for human health

This content was published on Mar 25, 2012

Nuclear reactor shut down to fix pump fault

This content was published on Mar 24, 2012 The shutdown at the plant in northern Switzerland happened on Friday night and is expected to last for several days. A problem arose with the shaft seal unit of the coolant pump at Beznau II, the operator Axpo said in a statement. It was shut down as a “preventative measure”. Axpo said the reactor posed no danger to…

Economic outlook improves

This content was published on Mar 23, 2012 The institute said in statement on Friday that the economy would improve, especially towards the end of the year, despite exports suffering from the effects of the strong franc and stagnation in Europe. KOF pointed out that the Swiss economy had escaped recent turbulence relatively unscathed, boosted by private consumption, a robust labor market and…

Credit Suisse boss sees pay shrink

This content was published on Mar 23, 2012 CEO Brady Dougan earned SFr5.8 million ($6.3 million) last year, far less than his SFr12.8 million payday in 2010. The head of asset management, Robert Shafir, was the bank’s biggest earner with SFr8.5 million. Dougan’s pay is still likely to spark investor ire, particularly in Switzerland, where calls for Credit Suisse to trim its costly…

Dark days ahead for Meyer Burger employees

This content was published on Mar 22, 2012 The maker of production equipment for solar cells said full-year profit fell to SFr35.8 million ($39.16 million) from SFr97.9 million in 2010. It also took a SFr107 million write-down linked to its acquisition of German peer Roth & Rau. Already announced in February, 200 of the 1,350 jobs at the German company will go in…

Solar-powered village comes top in the energy stakes

This content was published on Mar 22, 2012

Labour deal guarantees jobs at Basel airport

This content was published on Mar 22, 2012 The deal should ensure that companies which had threatened to move their operations elsewhere and cut jobs at Switzerland’s third-biggest airport because of higher costs will remain. Following a 2010 French court decision, Swiss firms operating at the airport in neighbouring France were facing the prospect of having to apply local labour legislation, which is…

War materiel exports return to the spotlight

This content was published on Mar 22, 2012 A study conducted by researchers at the universities of Bern and Zurich found that while Switzerland’s laws in this area are robust, more needs to be done to ensure they are enforced correctly. The criticism follows the lifting of a six-month ban on weapons exports to Qatar last December, after it was found that munitions…

Turnover and profit take off at Zurich airport

This content was published on Mar 21, 2012 This was down to more passengers and strict cost management, the airport’s owners said on Wednesday. A total of 24.3 million passengers used the airport last year, up 6.4 per cent on 2010. Turnover rose to SFr905.4 million, of which SFr579.6 million came from air travel business (up 8.4 per cent) and the rest from…

Internal: Archive

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Thriving housing market threatens debt trap

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Modern farming and its risks for human health

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Nuclear reactor shut down to fix pump fault

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Economic outlook improves

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Credit Suisse boss sees pay shrink

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Dark days ahead for Meyer Burger employees

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Solar-powered village comes top in the energy stakes

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Labour deal guarantees jobs at Basel airport

More

War materiel exports return to the spotlight

More

Turnover and profit take off at Zurich airport

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