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Fabergé hatches illustrious rebirth in Geneva

This content was published on Dec 23, 2009 The Fabergé brand name has been relaunched by private investors and family members, and Fabergé’s only boutique opened on the shores of Lake Geneva. It is the first shop to open since 1917 when the Russian Revolution brought an end to the House of Fabergé, the celebrated jewellers who created fantastical Imperial Easter Eggs for…

Food giant Nestlé halts operations in Zimbabwe

This content was published on Dec 23, 2009 The Swiss food multinational said it had received an unannounced visit from government officials and police on December 19 and was forced to accept a milk delivery from non-contracted suppliers. Two of its managers were questioned by police and were released without charge the same day. In a statement the Vevey-based company said that “under…

Who is cashing in on cashmere?

This content was published on Dec 23, 2009 Retailers Manor, Coop and Migros have been cashing in on the boom but are aware that their customers are demanding and that they want strict controls. Cashmere used to be a luxury product but it is now affordable for many people. However, its popularity is causing damage to the regions in Asia where it is…

Business Social Compliance Initiative

This content was published on Dec 23, 2009 With headquarters in Brussels, the Business Social Compliance Initiative (BSCI) is a non-profit group that offers companies a common social management system to improve working conditions for suppliers and workers worldwide. Members use a combination of external monitoring and other activities to ensure sustainable improvements. The BSCI forbids discrimination and child labour and promotes environmental…

Pressure on banking secrecy galvanises support

This content was published on Dec 23, 2009 In an online survey a group of university psychologists and other researchers asked 1,179 people in German-speaking Switzerland whether they felt banking secrecy was worth preserving. Almost 72 per cent of respondents were in favour, with about 65 percent saying they would vote to keep banking secrecy for both domestic and foreign clients if the…

Watch exports pick up in November

This content was published on Dec 22, 2009 The Federation of the Watch Industry said the value represented a drop of 10.6 per cent compared with November 2008, possibly marking the end of the decline. In October exports fell 22.7 per cent. Over the past 11 months, the sector exported the equivalent of SFr12 billion – a decrease of nearly 24 per cent.…

Nuclear power plant wins unlimited licence

This content was published on Dec 22, 2009 The operators of the plant outside the capital Bern said they welcomed the move because it finally puts all five nuclear power stations in Switzerland on par with each other. The Mühleberg facility became operational in 1972 and had a licence that was due to run out by the end of 2012. An application has…

Christmas is bittersweet for chocolatier in US

This content was published on Dec 22, 2009 Teuscher, best known for its champagne truffles, says US sales have melted away in the past few years due in large part to cutbacks by corporate clients, who are less willing to send expensive gifts to their customers as a result of the economic downturn. “Most companies were ordering big boxes of chocolates at $176…

Crossing borders

This content was published on Dec 21, 2009

Earth-shaking energy project cleared in court

This content was published on Dec 21, 2009 The criminal court of Basel City said on Monday that Markus Häring, director of Geothermal Explorers which was in charge of the project, had acted in accordance with the state of scientific knowledge at the time, and had not downplayed the possible risks. The prosecutor had called for an 18 months suspended prison sentence while…

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Fabergé hatches illustrious rebirth in Geneva

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Food giant Nestlé halts operations in Zimbabwe

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Who is cashing in on cashmere?

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Business Social Compliance Initiative

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Pressure on banking secrecy galvanises support

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Watch exports pick up in November

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Nuclear power plant wins unlimited licence

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Christmas is bittersweet for chocolatier in US

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Crossing borders

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Earth-shaking energy project cleared in court

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