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Health concerns raised over nanoparticles

This content was published on Jan 20, 2011 A Swiss-French team of scientists warns of future health hazards caused by nanoparticles. But some doubts have been cast on the findings. The Swiss authorities are set to publish a strategy report on nanomaterials later this year. Around two million tonnes of TiO2 nanoparticles are produced every year worldwide. They are used as a white…

Whistle-blower re-arrested over WikiLeaks CDs

This content was published on Jan 19, 2011 The arrest by Zurich police on Wednesday followed Elmer’s appearance in a Zurich court, in which he was hit with a SFr7,200 ($7,500) suspended fine. He was found guilty of threatening his former employer and breaking Swiss secrecy laws. In a widely reported event on Monday he handed over two CDs to WikiLeaks founder Julian Assange…

Cabinet moots extending stimulus package

This content was published on Jan 19, 2011 Additional measures include pushing ahead free trade agreements with other countries to boost the export-oriented industry as well as additional funds for the Swiss tourism industry. Economics Minister Johann Schneider-Ammann told a news conference on Wednesday that the cabinet considered the situation of the strong franc against the euro was serious. However, he denied that…

Firms must adapt to emerging world order

This content was published on Jan 19, 2011 Companies that fail to restructure and diversify their operations to tap into billions of new consumers, and to hold powerful emerging competitors at bay, risk financial ruin, according to experts. “People have a tendency to think about China as an export power but most of the focus will be on supplying domestic demand – and…

Medvedev headlines star cast at WEF Davos

This content was published on Jan 19, 2011 Medvedev will deliver the opening speech at the five-day meeting, that runs this year under the banner: “Shared Norms for the New Reality”. Movers and shakers from politics, business, arts, religion and social movements will make up the 2,500 people attending the event. British Prime Minister David Cameron, French President Nicolas Sarkozy, German Chancellor Angela…

Bank whistle-blower stands trial

This content was published on Jan 19, 2011 It comes just two days after he handed WikiLeaks more client data. Shortly after the trial began, Elmer admitted that he had sent anonymous threatening letters to his ex-employer, Julius Bär bank, following intimidation. But he said bomb threats against the bank had not come from him. “I was in an extreme situation,” he said.…

Property prices expected to rise in 2011

This content was published on Jan 19, 2011 Since 1998, prices for condominiums have increased by 56 per cent, and by 37 per cent for single-family houses, the research division of the Swiss bank said on Wednesday. Property in the Lake Geneva area has increased more than six-fold over the past 24 years, and double in the Bern region. The same heady growth…

Chinese “Eldorado” helps boost watch industry

This content was published on Jan 19, 2011 There were lots of smiling faces in Geneva this week at the 21st Salon International de la Haute Horlogerie (SIHH) and the Geneva Time Exhibition, which features small independent brands. “I feel much more confident and serene this year,” Fabienne Lupo, SIHH director, told swissinfo.ch. 2010 was a “spectacular” year for the Swiss watch industry…

Swatch reports good year

This content was published on Jan 19, 2011 In a statement, Swatch said the increase was +21.8 per cent over 2009 and +12.7 per cent over the previous record year of 2008. On Wednesday, Swatch said it was upbeat on its prospects for 2011 despite the strong Swiss franc. There was big demand for Swatch Group products, including plastic Swatch watches and many…

Bank whistle-blower defiant ahead of court case

This content was published on Jan 18, 2011 Elmer’s public show of defiance drew the battle lines against the Zurich cantonal prosecutor, who will also attempt to prove in court that the former Swiss banker tried to defraud his ex-employer, Julius Bär bank. On Monday, Elmer handed over two CDs to WikiLeaks founder Julian Assange in front of the world’s media. Elmer claims…

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Cabinet moots extending stimulus package

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Firms must adapt to emerging world order

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Medvedev headlines star cast at WEF Davos

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Swatch reports good year

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