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Retail turnover rises

This content was published on Feb 8, 2010 Compared with December 2008, retail sales for December 2009 were up 4.7 per cent. “It seems that the recession in Switzerland was not as strong as everyone said it would be as consumption is still quite strong,” said David Marmet from Zurich Cantonal Bank. “The recession was a problem for the export sector but not…

Monthly jobless rate increases further

This content was published on Feb 8, 2010 The number of jobless increased by 3,025 on the month to a total of 175,765. Compared with January 2009, the number of unemployed in Switzerland rose by 36.9 per cent, according to the State Secretariat for Economic Affairs (Seco) on Monday. The number of 15- to 24-year-old jobless grew by one percentage point in January…

Healthcare recruitment “harms poorest nations”

This content was published on Feb 8, 2010 The Federal Health Office has offered qualified support to a World Health Organization (WHO) proposal to improve the recruitment of staff from abroad. Without foreign workers Switzerland’s public health system would grind to a halt. In many hospitals more than half the health professionals come from abroad. Every year 13,000-16,000 non-graduate healthcare jobs need to…

Swiss face hard choices over bank secrecy

This content was published on Feb 7, 2010 The finance ministers of both countries have given separate interviews to Sunday’s German-language Swiss newspaper NZZ am Sonntag in which each sees difficult times ahead for Switzerland. In his interview, the German finance minister, Wolfgang Schäuble, could not have been clearer. “We have abolished bank secrecy in Germany. And I can tell you that we…

Cancer cases could double in 20 years

This content was published on Feb 7, 2010 Thomas Cerny says cases of the disease, already a leading cause of mortality – especially in the 45-64 age group – could double as the population ages. But lifestyle changes made now could prevent around 40 per cent of cancers. The professor of medical oncology at Bern University and head of oncology at St Gallen…

Government under fire from all sides

This content was published on Feb 6, 2010 Gerold Bührer, the head of the Swiss Business Federation (economiesuisse), told German-language Swiss radio that remarks made by Finance Minister Hans-Rudolf Merz were “unfortunate and unhelpful”. Merz had said that it was worth considering an automatic exchange of information with tax authorities abroad. Bührer said Switzerland had already taken a major step by removing its…

Swiss banks urge clients to declare assets

This content was published on Feb 5, 2010 Credit Suisse spokesman Marc Dosch said on Friday that people using the bank to hide assets should legalise their property at once. “If a new or former client says he has undeclared money, he will be told to contact a tax advisor independently,” Dosch said, adding that the bank’s business model is not based on…

The science behind the America’s Cup

This content was published on Feb 5, 2010 The university is official scientific advisor for Alinghi, holder of sailing’s most prestigious prize. Its chair of modelling and scientific computing, mathematics professor Alfio Quarteroni, oversees the team’s fluid dynamics research. A specialist in computer simulations, Quarteroni’s job is to ensure that the Swiss yacht is designed to move through the water with as little…

KOF sees signs of economic recovery

This content was published on Feb 5, 2010 There has been growth in wholesale trade, banking and communications while the construction and insurance industries have stagnated, said the report issued on Friday by KOF, which is part of the Federal Institute of Technology in Zurich. For manufacturers a one-year slowdown in production has ended, and expectations are now at their highest point in…

Syngenta profit flat, optimistic for 2010

This content was published on Feb 5, 2010 The results, which represent a one per cent increase in sales but a one per cent decline in profit, were announced by the Basel-based multinational on Friday, along with plans to return some $750 million to shareholders through share buyback programme and an unchanged dividend. Earnings per share were $15.76 per cent, a three per…

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Retail turnover rises

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Monthly jobless rate increases further

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Healthcare recruitment “harms poorest nations”

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Swiss face hard choices over bank secrecy

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Cancer cases could double in 20 years

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Government under fire from all sides

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Swiss banks urge clients to declare assets

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The science behind the America’s Cup

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KOF sees signs of economic recovery

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Syngenta profit flat, optimistic for 2010

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