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Swiss “janitor satellite” to clean up space

This content was published on Feb 15, 2012 Researchers at the Federal Institute of Technology, Lausanne, (EPFL), hope the SFr10-million ($11-million) CleanSpace One prototype satellite will be in the skies by 2016 in a bid to help resolve the worsening space junk problem. “It’s time to do something to reduce the amount of debris floating around in space,” Swiss astronaut and EPFL professor…

Swiss-made train derailed in Norway

This content was published on Feb 15, 2012 The train being tested was a FLIRT (Fast Light Innovative Regional Train) made by Swiss-based Stadler Rail AG. It derailed and crashed into a mountainside some 100km southwest of Oslo. The reason is unclear. Three Norwegians, a Swiss and a Finn were on board. The railways spokesman said that testing would be postponed until the…

A Swiss satellite to tackle space junk

This content was published on Feb 15, 2012

Swiss biologist wins “women in science” award

This content was published on Feb 15, 2012 Since December 2004, Gasser has been director of the Friedrich Miescher Institute for Biomedical Research in Basel and professor of molecular biology at Basel University. The FEBS/EMBO Women in Science Award rewards the exceptional achievements of a female researcher in molecular biology over the previous five years. Winners of the award are role models who…

Swisscom posts massive fall in net income

This content was published on Feb 15, 2012 Switzerland’s largest telecoms company, which is majority state owned, invested €4.6 billion to buy Fastweb in 2007. The fall in profit of SFr1.094 billion is slightly under the SFr1.2 billion predicted by Swisscom back in December. The group also posted a fall in net revenue in 2011 of SFr521 million or 4.3 per cent on…

Turnover and profit up at Clariant

This content was published on Feb 15, 2012 Clariant, based at Muttenz near Basel, saw an increase in turnover of four per cent to SFr7.37 billion; the increase was 16 per cent in local currencies. The group, which snapped up its German rival Süd-Chemie last year, reported that the two new Süd-Chemie business units had performed above target in the first eight months…

Ambassador believes worst may be over in tax row

This content was published on Feb 14, 2012 After the criminal indictment of Switzerland’s oldest bank, Wegelin, and its decision to sell off most of its business, the only way is up, ambassador Donald Beyer tells swissinfo.ch. Beyer says the tax dispute has easily been his biggest challenge in his two and a half years on the job in Switzerland – and would…

Andermatt resort development on track

This content was published on Feb 14, 2012 In a media release published on Tuesday, the developers announced that 2011 had been a good year, with SFr103 million ($112 million) in sales and reservation contracts. Property sales amounted to SFr72 million, while reservations accounted for another SFr31 million. Reservation contracts for 2012 have totalled another SFr 22 million so far. “In the face…

Actelion announces big loss

This content was published on Feb 14, 2012 The group had warned earlier this year that its results would be hit by the strong franc and legal costs linked to a licensing dispute with Japanese group Asahi Kasei. Experts polled by Reuters had expected an average loss of SFr114 million. Actelion achieved product sales of more than SFr1.7 billion. “Following ten years of…

European Fatca deal “threat to Swiss secrecy”

This content was published on Feb 13, 2012 The five biggest European economies are negotiating a system to implement the US Foreign Account Tax Compliance Act (Fatca). Tax Justice Network (TJN) believes it could embolden the European Union into demanding a similar deal with Switzerland. Britain, France, Germany, Italy and Spain appear set on ordering their banks to hand over details of accounts…

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Swiss “janitor satellite” to clean up space

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Swiss-made train derailed in Norway

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A Swiss satellite to tackle space junk

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Swiss biologist wins “women in science” award

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Swisscom posts massive fall in net income

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Turnover and profit up at Clariant

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Ambassador believes worst may be over in tax row

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Andermatt resort development on track

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Actelion announces big loss

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European Fatca deal “threat to Swiss secrecy”

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