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Swiss are European leaders in recycling

This content was published on Apr 13, 2010 That’s according to a recent Reader’s Digest study, which polled more than 32,000 people in 16 European countries. Of the 1,336 questioned in Switzerland, 94 per cent said they recycled, compared with 82 per cent of Europeans. While 70 per cent of Europeans said they made a point of avoiding ecologically harmful products, 87 per…

Ineos eyes Vaud for lower taxes

This content was published on Apr 13, 2010 “It’s likely that it will be Vaud,” spokesman Richard Longden told Swiss public radio on Tuesday. Day-to-day operations in Britain and around the world would not be affected, the company added. The number-three global producer announced in early March it was considering the move and received approval to do so on March 24. The move…

UBS expects SFr2.5 billion pre-tax profit

This content was published on Apr 12, 2010 The announcement comes two days before what is expected to be a stormy annual shareholders’ meeting. Some activist investors, including large pension funds, are preparing to reject a UBS bonus system and plans to clear management of responsibilities for the financial crisis the bank has faced. In a surprise interim statement, UBS estimated net outflows…

UBS Ospel “gamble” may backfire

This content was published on Apr 12, 2010 Former chairman Marcel Ospel is among a host of directors and executives blamed by many for leading the bank into trouble. Their leadership has led to questions about possible civil or criminal liability. UBS was the worst-hit European bank from the subprime mortgage-induced financial crisis. It was also forced to hand over confidential client data…

Army’s environmental damage to be costly

This content was published on Apr 11, 2010 Other damaging equipment includes materials made from heavy metals and landfills. Geologists have identified dozens of contaminated sites in some communities, the SonntagsZeitung reported on Sunday. A spokesman for Switzerland’s armed forces confirmed the newspaper report. Most affected are the cantons of Bern, Freiburg, Geneva, St Gallen, Zurich and Ticino. Authorities have records of some…

Ex-Sex Pistols manager dies in Swiss clinic

This content was published on Apr 9, 2010 According to relatives, McLaren was being treated there for an aggressive form of cancer. They declined to say in which hospital. “He was the original punk rocker and revolutionised the world,” said his son, Joe Corre. In a brief statement on the band’s webpage, Johnny Rotten wrote, “For me Malc was always entertaining, and I…

Novartis sex discrimination trial begins

This content was published on Apr 8, 2010 A lawyer for the plaintiffs on Thursday acknowledged to a jury at a federal court in Manhattan the Swiss company has extensive written materials warning against discrimination but accused it of “saying one thing on paper but another thing in real life”. Attorney Katherine Kimpel said women hired since 2002 at Novartis’s United States arm…

Fossil find could be “missing link” to humans

This content was published on Apr 8, 2010 A team of researchers from Zurich University helped to uncover the skeletons in South Africa, that are said to be between 1.78 and 1.95 million years old. The find could re-write the history of human development. At least five skeletons – two of them nearly perfectly formed – have so far been excavated from caves,…

Credit Suisse stung by British finance regulator

This content was published on Apr 8, 2010 The Swiss bank was ordered to pay £1.75 million (SFr2.86 million) as the British authorities step up efforts to clamp down on market abuse. A privately-held market trader, Getco and an agency broker, Nomura, were also found to have committed multiple breaches, according to the FSA. It added that all three firms had ignored repeated…

T-shirt turns tough after transformation

This content was published on Apr 8, 2010 But researchers from Switzerland, the United States and China have discovered that cotton can be transformed into a material that is extremely tough as well as flexible. What scientists in South Carolina have done is to combine the carbon in the shirt’s cotton with boron – the third-hardest material on earth. The result is a…

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Swiss are European leaders in recycling

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Ineos eyes Vaud for lower taxes

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UBS expects SFr2.5 billion pre-tax profit

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UBS Ospel “gamble” may backfire

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Army’s environmental damage to be costly

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Ex-Sex Pistols manager dies in Swiss clinic

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Novartis sex discrimination trial begins

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Fossil find could be “missing link” to humans

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Credit Suisse stung by British finance regulator

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T-shirt turns tough after transformation

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