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ABB buy into US solar power market

This content was published on Dec 14, 2011 ABB said it was investing $20 million (SFr19 million) for a “substantial” minority stake in the group. Through the investment ABB gains access to GreenVolts’ technology. ABB said the American company delivers energy yields that can be 30 to 40 per cent higher than traditional panel-based systems. The pairing up of the two companies would…

Reshuffles continue at Basler Zeitung

This content was published on Dec 14, 2011 Ticino financier Titto Tettamanti announced on Wednesday he had bought 100 per cent of Basler Zeitung Media’s shares from Rahel Blocher, the daughter of the rightwing Swiss People’s Party strongman and billionaire Christoph Blocher. The company has now changed hands for the fourth time in a short period of time. Rahel Blocher had acted as…

Credit Suisse to shave 2011 bonuses

This content was published on Dec 14, 2011 “The bonus pool will be sharply lower again this year,” the bank’s chairman Urs Rohner said in an article appearing in Thursday’s edition of the Handelszeitung. Last year, Credit Suisse’s bonus pool shrank to SFr5.05 billion ($5.4 billion) from SFr6.87 billion. Credit Suisse decided to address the bonus issue after Chief Executive Brady Dougan was…

Swisscom loses big money in Italy

This content was published on Dec 14, 2011 Swisscom, which invested €4.6 billion to buy Fastweb in 2007, posted a net profit of SFr1.8 billion in 2010. “The difficult economic situation and increasing interest rates have led to reduced prospects for growth and a higher cost of capital in Italy,” Swisscom announced in a statement on Wednesday. Swisscom said Fastweb’s book value had…

Cern scientists home in on Higgs boson

This content was published on Dec 13, 2011 One of two research teams searching for the elusive sub-atomic particle, the missing link in the Standard Model of physics, announced on Tuesday that new data show it is more likely to be found in the lower energy ranges of the massive atom smasher being used to track it down. The discovery – confirmed later…

Seco lowers economic forecast for 2012

This content was published on Dec 13, 2011 In September it had predicted a growth of 0.9 per cent. The governmental experts put the change down to a cooling off in the European economy during autumn. In a statement on Tuesday, they pointed to the weak economic conditions in the European Union and the strong franc as factors weighing down the Swiss economy.…

Swiss Federal Railways targets fare dodgers

This content was published on Dec 12, 2011 This policy translates into hefty fines for passengers who fail to buy their tickets prior to boarding – either because they forgot or because they were in too much of a hurry. “Of course you need a ticket when you take the train – it shouldn’t be that fare dodgers are encouraged,” Sara Stalder, head…

Nestlé voted best employer

This content was published on Dec 12, 2011 The Ideal Employer Rankings compiled by Swedish consultants Universum Communications sets out which companies are on most business professionals’ wish lists when it comes to employer attractiveness and career expectations. The balance between work and private life remained the main deciding factor when choosing an employer, ahead of intellectual challenges. Those polled were less concerned…

“Serious social effects” plague Greece

This content was published on Dec 12, 2011 Lorenzo Amberg said the will for the necessary change was slowly gaining a foothold, but admitted many ordinary Greeks were struggling to afford food and medicine. On November 11, a new coalition cabinet led by Lucas Papademos was sworn in, easing the political tension. On December 6, Athens witnessed riots following a ceremony to mark…

Promoting sustainable cocoa trade in Ghana

This content was published on Dec 12, 2011 That’s why a joint Swiss-Ghanaian project is attempting to rejuvenate the cocoa industry which is facing the problems of a shortage of young farmers and plantations full of old trees. “Fair trade begins with the scales,” Yayra Glover says. swissinfo.ch meets the entrepreneur in Ateibu, a remote village in the Eastern Region of Ghana, an…

Internal: Archive

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Internal: Archive

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ABB buy into US solar power market

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Reshuffles continue at Basler Zeitung

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Credit Suisse to shave 2011 bonuses

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Swisscom loses big money in Italy

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Cern scientists home in on Higgs boson

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Seco lowers economic forecast for 2012

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Swiss Federal Railways targets fare dodgers

More

Nestlé voted best employer

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“Serious social effects” plague Greece

More

Promoting sustainable cocoa trade in Ghana

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