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Swine flu outbreak confirmed among army recruits

This content was published on Nov 3, 2009 The defence ministry said it should be assumed that most of the recruits involved are suffering from the pandemic flu. In all, 324 soldiers are currently stationed at the Chur base in eastern Switzerland but a quarantine of all the residents has been ruled out for the moment. The army and the cantonal doctor will…

Novartis to invest $1 billion in China

This content was published on Nov 3, 2009 The investment will include a significant expansion of the Novartis Institute of BioMedical Research in Shanghai. Demand for healthcare in China is growing rapidly, Novartis said in a statement. “In addition, the burden of disease now includes more chronic diseases associated with lifestyle choices,” it added. “We are confident that our expanded investment in R&D…

Swiss Re posts rosy third quarter results

This content was published on Nov 3, 2009 The profit indicates a good recovery following a loss of SFr304 million in the same period in 2008. The company also said it strengthened its capital in the third quarter, boosting its chances of repaying a costly SFr3 billion convertible loan from Warren Buffett’s Berkshire Hathaway. Swiss Re said payouts dropped markedly during the quarter…

Banking information handed to Argentina

This content was published on Nov 2, 2009 The documents were sent to Argentina last week, justice ministry spokesman Folco Galli said on Monday. The transfer was made possible after the Swiss Criminal Court rejected a series of appeals by unidentified companies and account holders who allegedly were part of a wide corruption scheme to divert money through Swiss bank accounts, offshore companies…

Solving the “forensic puzzle” of Srebrenica

This content was published on Nov 2, 2009 The Swiss-backed International Commission on Missing Persons (ICMP) is using DNA to help survivors track down their murdered relatives to be able to give them a dignified burial. Three thousand plastic bags line metre-high shelves in an ICMP mortuary in the north Bosnian town of Tuzla. Every sack contains bones or bone fragments – all…

Swissmetro signals the end of the line

This content was published on Nov 2, 2009 Swissmetro said around SFr11 million ($10.77 million) had been invested in the project, with federal authorities paying around half. It added that the scheme could not be realised in the foreseeable future. The company said the rights would now go to the Federal Institute of Technology Lausanne (EPFL), which was also involved in the high-speed…

Poll finds Swiss reluctant over swine flu jab

This content was published on Nov 1, 2009 The poll in the SonntagsBlick newspaper published on Sunday showed that 86.4 per cent of those asked were against having a preventative jab. On October 30 the health authorities announced that vaccinations against the H1N1 flu virus in Switzerland would be carried out in two phases beginning in mid-November. The Federal Health Office recommends inoculating…

US state tops Swiss in financial secrecy poll

This content was published on Nov 1, 2009 The survey of 60 places and countries rated the tiny state of Delaware first, followed by Luxembourg and then Switzerland, said the Tax Justice Network. The Cayman Islands and Britain rounded off the top five. The Financial Secrecy Index was drawn up by academics and finance experts and the first results released on Saturday. It…

Leuthard keeps to agriculture course

This content was published on Nov 1, 2009 The minister told several Sunday newspapers that she would continue her negotiations on a free trade accord with the European Union. Swiss farmers currently enjoy a certain amount of protection. On October 23 members of the farming union Uniterre threw wellington boots at Leuthard during the 6th Mountain Cheese Olympics in canton Jura to protest…

Merz suspends tax deal talks with Italy

This content was published on Nov 1, 2009 On October 27 Italian police stormed branches of Swiss banks as part of an Italian tax amnesty, which caused an outcry in Switzerland. Italy has said that it was an internal affair and not meant to be an unfriendly move towards the Swiss. “The accord was ready for ratification from our side. But now the…

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Swine flu outbreak confirmed among army recruits

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Novartis to invest $1 billion in China

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Swiss Re posts rosy third quarter results

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Banking information handed to Argentina

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Solving the “forensic puzzle” of Srebrenica

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Swissmetro signals the end of the line

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Poll finds Swiss reluctant over swine flu jab

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US state tops Swiss in financial secrecy poll

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Leuthard keeps to agriculture course

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Merz suspends tax deal talks with Italy

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