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Swiss firms explore latest IT promised land

This content was published on Dec 18, 2010 Cloud computing takes information technology outsourcing to another level by promising clients more control over their data. But the financial sector in particular is grappling with how to use it without compromising confidentiality and security. The latest innovation allows companies to tap into IT infrastructure, software or services – such as email – over the…

Chocolate reindeer freed from Swiss packaging

This content was published on Dec 17, 2010 The Swiss company, along with Germany’s August Storck, wanted to register the chocolate figures – also including a mouse and a bell with a red ribbon – to make sure only their versions could appear in Europe’s chocolate shops and supermarkets. But the General Court of the European Union ruled Friday that the sweets “are…

Central bank wants greater supervisory clout

This content was published on Dec 17, 2010 The central bank wants to become more heavily involved in setting new financial regulations and to have the final say on how much capital banks must set aside to cover risks. The SNB also demanded a mandate to force banks to reveal levels of risk and mortgage lending criteria. The Swiss Financial Markets Supervisory Authority…

Heavy snowfalls affect air traffic

This content was published on Dec 17, 2010 The airport tarmac reopened at 9.30am, but delays are to be expected all day. Geneva airport staff had to clear around 20 centimetres of snow which fell during the night, a spokesman said. Zurich airport remains open, but is also badly affected with around 30 flight cancellations and delays of about half an hour. Less…

Roche cancer drug gets grim prognosis

This content was published on Dec 16, 2010 As the world’s best-selling cancer medicine, Avastin has been approved for treating a variety of cancers. However, it failed to extend lives in four trials involving breast cancer patients. “Given the number of serious and life-threatening side effects, the FDA does not believe there is a favourable risk-to-benefit ratio,” Dr Richard Pazdur, the US Food…

United States sues firms for oil spill damages

This content was published on Dec 16, 2010 It is seen as a first step by the US authorities to gain billions of dollars in compensation for the disaster, in which 11 people died. “The department’s focus on investigating this disaster and preventing future [spills] is not over,” Attorney General Eric Holder said during a news conference in Washington. “Both our civil and…

Credit Suisse workers under suspicion in Germany

This content was published on Dec 16, 2010 Along with a former bank employee, the four workers are suspected of aiding clients with tax evasion, the Düsseldorf public prosecutor told the Reuters news agency on Thursday. As part of the investigation, raids were carried out in the Lake Constance region this week. Anonymous documents sent in July helped tip off the prosecutor. It…

Central bank keeps interest rate on hold

This content was published on Dec 16, 2010 It is leaving the target range for the three-month Libor (London Interbank Offered Rate) at 0.00 – 0.75 per cent, and intends to keep this within the lower part of the target range at 0.25 per cent. The central bank commented on Thursday that while the growth dynamic in emerging markets was vigorous, the recovery…

Swiss seeks to recreate Noah’s Ark

This content was published on Dec 15, 2010 Schneiter, from northwestern Switzerland, has not only won a European prize for different types of taxidermy but has also explored creating fantasy animals and anthropomorphic creatures – animal heads mounted on shop dummies. At the 2010 European competition of taxidermy, held in Italy, Schneiter became the first Swiss to win the Schwarz Taxidermy Award, which…

Noah’s depot

This content was published on Dec 15, 2010 Exotic, literary and fantasy themes all have a part in his weird and wonderful creation..(Pictures: Rolf Amiet/swissinfo.ch)

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Internal: Archive

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Swiss firms explore latest IT promised land

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Chocolate reindeer freed from Swiss packaging

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Central bank wants greater supervisory clout

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Heavy snowfalls affect air traffic

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Roche cancer drug gets grim prognosis

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United States sues firms for oil spill damages

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Credit Suisse workers under suspicion in Germany

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Central bank keeps interest rate on hold

More

Swiss seeks to recreate Noah’s Ark

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Noah’s depot

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