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Swiss foreign exports see growth

This content was published on Jul 20, 2010 The watch industry showed the most impressive turnaround compared with the same period one year ago, according to a statement on Tuesday. But most industrial sectors also recorded improvements in the flow of exports. Foreign exports rose nominally by 8.2 per cent (a “real” rise of six per cent after stripping out price fluctuations) to…

Swiss score low for parental leave

This content was published on Jul 20, 2010 The study, by the United States-based Center for Economic and Policy Research, found that Swiss neighbour Germany and the Nordic countries topped the list. The research looked into 21 high-income nations and showed that Sweden ranked highest for gender equality of parental leave – meaning fathers were included too – while Germany and Sweden were…

Federal court backs UBS data handover

This content was published on Jul 19, 2010 The Federal Administrative Court ruling rejected an appeal by a UBS client opposing the transfer of data. The court found that an accord between the two countries that had been approved by parliament on June 17 should be enforced by Switzerland. The treaty signed by the countries last year sets out the handover of 4,450…

Climate scientists still trying to restore trust

This content was published on Jul 19, 2010 Earlier this month, separate British and Dutch inquiries backed the findings of the United Nations Intergovernmental Panel on Climate Change (IPCC). However, Urs Neu, climate specialist with the Swiss Academy of Natural Sciences, says it is not clear whether the reputation of the panel of experts will completely be rehabilitated. Remember back to November 2009…

Retail chain wins top spot

This content was published on Jul 19, 2010 The Swatch Group came second, while the chocolate maker Lindt & Sprüngli was third in an annual review by the GfK Switzerland market research company. UBS bank came bottom of the list – as it did last year – and Credit Suisse finished 44th, up five positions. The Federal Railways and Swiss Post, two state-run…

Organisation targets cyber crime

This content was published on Jul 19, 2010 The company says it is blocking internet addresses in Switzerland which are misused for phishing – attempting to acquire personal details online by pretending to be a trustworthy source – or which disseminate so-called malware. It is also removing them from the network. A special unit is cooperating with financial service providers, government agencies and…

Holiday misery as traffic backlogs

This content was published on Jul 17, 2010 In the morning there were ten kilometres of traffic jams between Basel and Lucerne, 16km at the Gotthard tunnel – infamous for its summer blockages – and 14km at the Swiss-Italian border Chiasso-Brodega. Those at the Gotthard were left facing up to four hours in their cars, according to the Touring Club of Switzerland (TCS)…

Roche cancer drug could lose FDA approval

This content was published on Jul 16, 2010 This could lead to the drug Avastin being taken off of the American market, as US government health scientists announced on Friday. The Food and Drug Administration (FDA) approved Avastin in 2008, basing its decision on early-stage trials. However, follow-up studies done by Swiss pharmaceutical giant Roche indicate that the drug does not significantly extend…

ABB lands mega wind power deal

This content was published on Jul 16, 2010 It will build three wind parks in the North Sea for transpower, the German transmission grid operator. The three wind parks will supply a total output of 800 megawatts to mainland Germany, ABB announced on Friday. ABB will use the eco-friendly high-voltage direct current (HVDC) technology to connect the wind parks’ power to the network.…

Credit Suisse raids continue in Frankfurt

This content was published on Jul 16, 2010 Düsseldorf state prosecutor Johannes Mocken described the operation as “very successful”, saying “far more than 100 boxes” of files had been confiscated from 13 branches. On Wednesday Credit Suisse offices were searched in Düsseldorf, Berlin, Munich and other German cities after the authorities paid for confidential banking data that had been stolen from Switzerland. German…

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Internal: Archive

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Swiss foreign exports see growth

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Swiss score low for parental leave

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Federal court backs UBS data handover

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Climate scientists still trying to restore trust

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Retail chain wins top spot

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Organisation targets cyber crime

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Holiday misery as traffic backlogs

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Roche cancer drug could lose FDA approval

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ABB lands mega wind power deal

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Credit Suisse raids continue in Frankfurt

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