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Swiss Re estimates Japan costs at $1.2 billion

This content was published on Mar 21, 2011 But the company, the world’s number two reinsurer, warned the estimate was subject to change due to the high degree of uncertainty about events unfolding in Japan. The estimate comes just weeks after the company predicted costs from the February earthquake in New Zealand would reach $800 million. Swiss Re said it did not expect…

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Asian firms ponder “location Switzerland”

This content was published on Mar 18, 2011 Firms in China, India and other Asian nations are extending their global reach as their economies boom. Switzerland already attracts European and United States operations, but is viewed by many Asians as a tourist destination. A study conducted in 2009 estimated that between 1,400 and 3,200 Chinese, Taiwanese, Indian and South Korean companies could consider…

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Are the Swiss rethinking nuclear power?

This content was published on Mar 18, 2011 Rob Brookes and Gillian Zbinden tell Jessica Dacey about the mood in Mühleberg immediately after the 2011 Japanese nuclear disaster.

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Law acts against “charlatan” therapists

This content was published on Mar 18, 2011 The law – which sees only those who have studied psychology being able to call themselves psychologists and psychotherapy training being harmonised – comes at a time when demand for mental health services is high. The House of Representatives followed the Senate in approving the law on psychological professions on March 9. This legislation should…

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Swiss hunters take their booty to Valais fur market

This content was published on Mar 17, 2011

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Central bank maintains interest rate

This content was published on Mar 17, 2011 The SNB said it would maintain its target range for the three-month Libor rate (London Interbank Offered Rate) at 0.0 per cent to 0.75 per cent, which it intends to keep in the lower range of 0.25 per cent. The SNB said rising oil prices, more dynamic domestic growth and a positive outlook for the…

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Volcanic ash fails to cloud Swiss airline results

This content was published on Mar 17, 2011 The result compares to a SFr146 million operating profit for the previous year. In a statement, the Lufthansa-owned company said it achieved the 2010 results despite earnings being depressed by about SFr30 million due to the volcanic ash cloud crisis last spring, and despite a strong Swiss franc and rising fuel prices. Total income from…

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Swiss economy to continue growth in 2011

This content was published on Mar 17, 2011 The State Secretariat for Economic Affairs (Seco) is predicting that Gross Domestic Product (GDP) will grow by 2.1 per cent in 2011, decreasing slightly to 1.9 per cent in 2012. “In comparison with other European countries, the rhythm of Swiss growth was above the average [in the fourth quarter of 2010],” Seco said in its…

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Novartis announces job cuts in Britain

This content was published on Mar 16, 2011 The jobs will be lost at the Horsham site in southern England. Novartis said on Wednesday that it would end manufacturing there entirely, and relocate some of the research and development currently conducted at the site. Novartis has 950 staff in Horsham, out of a total of more than 3,500 in Britain as a whole.…

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Internal: Archive

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Swiss Re estimates Japan costs at $1.2 billion

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Asian firms ponder “location Switzerland”

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Are the Swiss rethinking nuclear power?

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Law acts against “charlatan” therapists

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Swiss hunters take their booty to Valais fur market

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Central bank maintains interest rate

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Volcanic ash fails to cloud Swiss airline results

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Swiss economy to continue growth in 2011

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Novartis announces job cuts in Britain

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