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Probe of financial watchdog ordered

This content was published on Nov 10, 2009 Two independent experts will investigate what the finance ministry called the deficiencies of the Financial Market Supervisory Authority (Finma). They will also study a September 14 report released by Finma on its own performance, the ministry said in a statement on Tuesday. Finma said the Swiss Federal Banking Commission, a supervisory body that is now…

Sonova profit soars in first six months

This content was published on Nov 10, 2009 The company, which is based in Stäfa on Lake Zürich and is the world’s leader in sales of hearing implants, said net profit rose by 21.6 per cent to SFr164 million. Sonova, formerly known as Phonak, reported its figures a day after announcing it was buying California-based cochlear implant-maker Advanced Bionics for $489 million in…

Unions move toward minimum wage initiative

This content was published on Nov 9, 2009 Switzerland does not have a minimum wage rate, but limits are included in some collective agreements and standardised work contracts. The initiative, the federation said at a news conference on Monday, should achieve the introduction of a minimum wage to protect workers not included in collective agreements, and ensure that collective contracts include minimum wage…

Swine flu jab programme “not chaotic”

This content was published on Nov 9, 2009 The head of the Federal Health Office, Thomas Zeltner, said that there was no chaos and that the programme was on schedule. He was responding to criticism in the media and among some doctors that the national plan was uncoordinated. There have also been concerns that it had taken too long for the authorities to…

Lessons learned

This content was published on Nov 9, 2009 On Friday, October 24, 2001, a collision between two trucks created a fire in the Gotthard tunnel, killing eleven and injuring many more, the smoke and gases produced by the fires being the main cause of death. New safety measures were implemented with the re-opening. The number of lorries travelling through the tunnel on a…

Crumbs! Bird and baguette trip up atom smasher

This content was published on Nov 9, 2009 “There was no shutdown for the machine,” a spokeswoman from the European Organization for Nuclear Research (Cern) told swissinfo.ch on Monday. “The bread caused a very small short-circuit and that was it.” A passing bird last week dropped a baguette morsel into a portion of the machine’s power system that sits above ground. That caused…

Sonova to buy US company for $489 million

This content was published on Nov 9, 2009 The Swiss company expects the transaction, which is subject to regulatory approval, to be completed within three months. “Sonova will offer the most comprehensive and innovative product and service portfolio covering any customer need for most types of hearing problems,” said Sonova’s chief executive, Valentin Chapero, in a statement on Monday. He added that the…

The ins and outs of organic farming

This content was published on Nov 9, 2009 The Research Institute of Organic Agriculture (FiBL) in Frick in canton Aargau, founded in 1973, is the oldest and biggest research centre for organic agriculture in the world. It employs about 120 people of different nationalities, and has two partner institutes in Germany and Austria. (swissinfo.ch).

Consumers take on sunnier outlook

This content was published on Nov 7, 2009 Swiss shoppers have a healthier appetite for spending than in the summer, according to a government pulse check of consumer intentions. Retailers are more optimistic than any other sector in a separate survey. All of this flies in the face of official jobless figures, released on Friday, that showed the rate of unemployment had climbed…

Liquid chocolate flows from a tap into a plastic cup

Science students in Zurich produce low-calorie chocolate

This content was published on Nov 6, 2009

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Probe of financial watchdog ordered

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Sonova profit soars in first six months

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Unions move toward minimum wage initiative

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Swine flu jab programme “not chaotic”

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Lessons learned

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Crumbs! Bird and baguette trip up atom smasher

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Sonova to buy US company for $489 million

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The ins and outs of organic farming

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Consumers take on sunnier outlook

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Science students in Zurich produce low-calorie chocolate

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