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Scottish island group sold to Swiss businessman

This content was published on Mar 27, 2010 The deal, which was worth about £2.5 million (SFr4 million), includes the island of Sanda, which has its own pub but only one resident, as well as neighbouring Sheep Island and Glunimore Island. The sale was confirmed by the previous owner of the islands, according to local media and the British Broadcasting Corporation. The buyer…

Sun, mountains and Bircher muesli

This content was published on Mar 27, 2010 Its mountain sanatoriums were legendary. But pioneers also offered special Swiss therapies including a strict regime with raw fruit and vegetables or sitting in the sun clad only in a white hat and underpants. The story of Switzerland’s golden age as a health paradise during the early years of the last century is documented in…

CS takes legal action over data theft

This content was published on Mar 27, 2010 “We still don’t know whether there is a CD containing data of CS clients. But we handed in the complaint against parties unknown,” CS chairman Hans-Ulrich Doerig told the Neue Zürcher Zeitung newspaper. He added that the bank had no official knowledge of data theft, but it assumed from reports that its clients were among…

Why Switzerland will be plunged into darkness

This content was published on Mar 27, 2010 People, cities and companies across Switzerland are turning the electricity off at 8.30pm to mark WWF’s Earth Hour, a huge global action to raise climate awareness. They will join the Eiffel Tower in Paris, the Pyramids in Giza and the Golden Gate Bridge in San Francisco in the energy-saving event, which is scheduled to take…

Swiss economy expected to keep up recovery

This content was published on Mar 26, 2010 The KOF Swiss Economic Institute has predicted sustained gross domestic product (GDP) growth, falling unemployment and a pick-up in exports as a result of a weakening of the franc. However, there are still potential hurdles to a recovery. Switzerland held out relatively well against the global recession, but still suffered a 2.5 per cent GDP…

Bern and Berlin hammer out new tax accord

This content was published on Mar 26, 2010 Swiss finance minister Hans-Rudolf Merz and his German counterpart, Wolfgang Schäuble, on Friday initialled an accord that is set to help Germany in its campaign against tax cheaters. “We are determined to solve the problem,” Schäuble told a news briefing after talks on bilateral tax issues with Merz. A bilateral working group is now set…

Fast track maths course for gifted pupils

This content was published on Mar 26, 2010

UBS called to court in Madoff-related case

This content was published on Mar 26, 2010 The investors, who lost all their money, accuse the bank of irresponsibility in presenting its Luxalpha fund as relatively safe and failing to mention the Madoff connection. A lawyer representing them said they had good reason to demand compensation after being “deceived” by UBS. They are asking for €100,000 (SFr142.900) each. A first hearing has…

Trade concerns prevail at wildlife talks

This content was published on Mar 26, 2010 Proposals to help bluefin tuna and sharks such as the hammerhead were rejected, largely owing to lobbying by Japan where bluefin tuna is a sushi speciality. Around 175 countries attended the Convention on International Trade in Endangered Species of Wild Fauna and Flora, which closed in Qatar’s capital on Thursday. The aim was to discuss…

Optimism returns in watch sector

This content was published on Mar 25, 2010 The fair organisers said 100,700 people from about 100 countries attended the show in the Swiss city. The eight-day fair, which brought together 1,915 exhibitors, was held amid signs that the industry is recovering from the economic crisis. Exports in the Swiss watch sector were down by more than 22 per cent last year, but…

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Scottish island group sold to Swiss businessman

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Sun, mountains and Bircher muesli

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CS takes legal action over data theft

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Why Switzerland will be plunged into darkness

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Swiss economy expected to keep up recovery

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Bern and Berlin hammer out new tax accord

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Fast track maths course for gifted pupils

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UBS called to court in Madoff-related case

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Trade concerns prevail at wildlife talks

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Optimism returns in watch sector

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