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Swiss raises bar with fleet and jobs expansion

This content was published on Sep 28, 2010 The additions to the fleet from 2012 will create 2,000 new jobs in Switzerland, around a third of them directly at Swiss. The airline that was forced to shrink shortly after its creation in 2002 is now growing again. The new aircraft will eventually boost the fleet to 90. The airline industry as a whole…

Excessive rules cause “reproduction tourism”

This content was published on Sep 28, 2010 Bruno Imthurn, head of the Fertility Centre of the Zurich University Hospital, told a media conference on Tuesday that an increasing number of women are finding it hard to conceive, often because they postpone childbearing until they are in their 30s. He is one of a group of 17 specialists in reproductive medicine who are…

New cars boost UBS consumption indicator

This content was published on Sep 28, 2010 As in the previous month the rise had a broad base, but the number of new car registrations was particularly strong: 11.9 per cent more cars were registered in August compared with the previous year. In a statement on Tuesday, UBS said low interest rates and an improvement in the labour market, as well as…

Nestlé to expand medical nutrition business

This content was published on Sep 27, 2010 Nestlé says it will invest around $500 million (SFr491 million) over the next decade in the sector. However, analysts say the multinational will have a tough time overcoming regulatory hurdles and having its products meet expectations. The firm said on Monday that it hopes to “pioneer a new industry between food and pharma” through the…

Solar boat sets global course

This content was published on Sep 27, 2010 The MS TÛRANOR PlanetSolar left the port of Monaco on Monday. The project founder and crew member, Switzerland’s Raphaël Domjan, hopes the voyage will “motivate engineers and scientists to develop innovative technologies”. PlanetSolar is a multihull vessel topped by a large array of photovoltaic solar panels, constructed in Kiel, Germany. It took 14 months to…

Wolseley aims to save tax with Swiss move

This content was published on Sep 27, 2010 It is the latest in a growing number of firms to leave their British base in search of tax savings. The firm said on Monday it would create a new group holding company, New Wolseley, that will be listed in Britain, incorporated in Jersey and with Swiss tax residency. “Our underlying tax rate has now…

British tax evasion probe targets HSBC clients

This content was published on Sep 27, 2010 It follows HM Revenue and Customs’ acquisition of a list of wealthy British clients of HSBC that was stolen by a former bank employee, the BBC reported. Hundreds of letters have been sent by the British authorities advising recipients that they are suspected of illegal tax evasion. The bank is reportedly not accused of any…

Do-it-yourself chocolate hits cyberspace

This content was published on Sep 27, 2010 Myswisscholate.ch has tapped into the growing demand for bespoke products, the power of online networking and the allure of money saving incentives to combine a number of tried and tested business concepts. While the company is not the first to offer custom made chocolate bars, it added a new twist this month with the creation…

Nestlé creates new bond between food and pharma

This content was published on Sep 27, 2010 The company, which is based at Vevey on Lake Geneva, said on Monday it was creating two separate organisations to develop personalised health science nutrition. It would invest “hundreds of millions of francs” over the next decade to build a world-class Nestlé Institute of Health Sciences to research nutritional strategies to improve health and longevity.…

Former Nespresso guru takes on his “baby”

This content was published on Sep 24, 2010 Brushing aside Nestlé’s legal threats, Gaillard said his Ethical Coffee Company (ECC) will increase production with a new factory in Switzerland after recently receiving a €50 million (SFr66 million) investment boost. Canton Valais-born Gaillard was credited with turning around Nestlé’s coffee capsule business when he served as chief executive of Nespresso from 1988 until 1998.…

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Swiss raises bar with fleet and jobs expansion

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Excessive rules cause “reproduction tourism”

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New cars boost UBS consumption indicator

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Nestlé to expand medical nutrition business

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Solar boat sets global course

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Wolseley aims to save tax with Swiss move

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British tax evasion probe targets HSBC clients

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Do-it-yourself chocolate hits cyberspace

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Nestlé creates new bond between food and pharma

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Former Nespresso guru takes on his “baby”

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