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Swiss finance sector eyes British election

This content was published on May 6, 2010 Other countries are taking an interest in the contest, not least Switzerland that could stand to gain or lose depending on the outcome. The taxation and financial policies of each party will come under particular scrutiny. Britain has emerged as one of the leading opponents of tax havens while new tax policies targeting the wealthy…

Poor report card for nuclear power plants

This content was published on May 5, 2010 The Federal Nuclear Safety Inspectorate (ENSI) has rated them as “satisfactory” but not “good”. At a press conference in Bern on Wednesday, ENSI cited a safety incident in Beznau as the reason why it did not receive better marks. Last August, two workers were exposed to unsafe radiation levels while doing maintenance work. ENSI criticised…

Arms dealer gets tough sentence

This content was published on May 5, 2010 The Swiss government provided Germany with legal assistance in the case, allowing Germany to use bank documents it secured from Switzerland in 1999. The lead judge said the trial closed the Schreiber case, which “brought the party-funding scandal of the Christian Democratic Union (CDU) to light”. The 76-year-old Schreiber, who holds dual Canadian and German…

Photographer reveals the secret life of pollen

This content was published on May 5, 2010 Delving into the miniscule world of pollen, the “micronaut” shows that the grains are in fact very varied and very beautiful – and that they go to great lengths to have sex. His work recently featured in National Geographic, which devoted a whole article to the topic of pollen, along with an Oeggerli gallery. He…

Swiss posts first loss in five years

This content was published on May 5, 2010 Switzerland’s main airline, which was taken over by Germany’s Lufthansa in 2005, recorded an operative loss of SFr10 million ($9.06 million) in the first quarter of this year. The strong Swiss currency and rising fuel prices are to blame for the loss, according to a company statement on Wednesday. Twelve months ago Swiss posted a…

Swiss-Swedish ABB makes US acquisition

This content was published on May 5, 2010 Based in Atlanta in the US, Ventyx designs software used for managing power networks. Last year, Ventyx reported revenues of $250 million (SFr276 million). It employs 900 people and is active in more than 40 countries. As ABB announced on Wednesday, it will pay cash for Ventyx. The American company currently belongs to Vista Equity…

Euro business jets start tricky climb

This content was published on May 5, 2010 Some 12,000 visitors are expected to attend the tenth European Business Aviation Conference and Exhibition (Ebace) in Geneva, which opened on Tuesday. Brian Humphries, president and chief executive officer of the European Business Aviation Association (EBAA), has a smile on his face. “We’re beginning to see the signs of recovery and good figures,” he told…

Informal climate meeting proposed for Geneva

This content was published on May 4, 2010 Swiss Environment Minister Moritz Leuenberger, who was attending a climate dialogue in Bonn, informed his Mexican counterpart, Juan Rafael Elvira Quesada, of Switzerland’s willingness on Tuesday. Leuenberger said the meeting in Geneva would focus on the financial aspects of climate protection and speedy financial help for developing countries. These are central questions if confidence is…

Door opens to a digital future

This content was published on May 4, 2010 SuisseID is a password-protected card, also available as a USB stick, which makes the use of multiple passwords unnecessary and saves time and money with a safe system for electronic transactions. “Today is a groundbreaking day for the security of e-commerce,” Jean-Daniel Gerber, head of the State Secretariat for Economic Affairs (Seco), said at Monday’s…

Kosovars demand pension pay at home

This content was published on May 4, 2010 As of April 1, Kosovars have been unable to have their retirement and disability insurance payments sent to Kosovo. Instead, the workers must remain in Switzerland to receive those funds. The Swiss government cancelled the payments over concerns of fraud and abuse, which prompted an inquiry in 2008. It failed after investigators received death threats.…

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Internal: Archive

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Swiss finance sector eyes British election

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Poor report card for nuclear power plants

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Arms dealer gets tough sentence

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Photographer reveals the secret life of pollen

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Swiss posts first loss in five years

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Swiss-Swedish ABB makes US acquisition

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Euro business jets start tricky climb

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Informal climate meeting proposed for Geneva

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Door opens to a digital future

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Kosovars demand pension pay at home

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