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Renewable energy focus of Abu Dhabi visit

This content was published on Jan 19, 2009 Leuenberger said the International Energy Agency had shown that investing in renewable energy sources only costs about half a per cent of the gross global product. He added that it was up to all states to contribute towards a reduction in carbon dioxide emissions – the main cause of global warming, and industrialised nations must…

UBS picks up AIG business

This content was published on Jan 19, 2009 Switzerland’s largest bank said it would pay $15 million for AIG’s product platform of commodity index swaps and funded notes. Swaps are investment instruments that in financial institutions use to hedge risk. UBS will make payments of up to $135 million over the following 18 months depending on future earnings. It said the deal was…

Climate Farming

This content was published on Jan 18, 2009 Climate farming uses agricultural means to keep carbon dioxide and other greenhouse gasses from escaping into the atmosphere. Like organic farming, climate farming seeks to maintain balanced biodiversity on productive, argicultural land. But climate farmers like Schmidt go a step further and covert leftover organic mass into charcoal, or biochar, a solid carbon compound that…

Swiss risk losing status as innovation centre

This content was published on Jan 17, 2009 Many Asian and Middle Eastern countries are stealing a march in attracting global research and development (R&D) investment by reacting better to the changing demands of multinational companies. The report, issued by the Swiss branch of the Boston Consultancy Group (BCG), warns of dire penalties to the Swiss economy if such heavyweight firms relocate to…

Current affairs

This content was published on Jan 16, 2009

Swiss franc liquidity operations to continue

This content was published on Jan 16, 2009 The swap measure with the European Central Bank (ECB) providing Swiss francs for euros, which has been in force since last October, is to last until at least the end of April. In a statement, they said the swap aimed to “support further improvements in the short-term Swiss franc money markets”. The foreign exchange swap…

Holcim axes 3,300 jobs worldwide

This content was published on Jan 16, 2009 The firm, which has its company headquarters in Zurich, said it needed to make economies as a result of the global financial crisis. Two-thirds of the cuts – 2,000 posts – will be in the United States where Holcim is closing 67 factories. In Spain, Holcim is shutting 24 sites and cutting 450 jobs. Another…

Private bankers face up to regulatory pressure

This content was published on Jan 16, 2009 Banks are facing pressure on two fronts. On the one hand, from Swiss regulators who are hoping to avoid another financial collapse. On the other, some European countries and the United States want to tighten rules to prevent tax evasion. The Swiss Private Bankers Association (SPBA) said the damage from the financial crisis had been…

Blue glas panel on the facade of the Swiss Federal Institute of Aquatic Science and Technology

The body as a power plant

This content was published on Jan 15, 2009

Solar energy to be developed in Lausanne

This content was published on Jan 15, 2009 The Institute and the power company Romande Energie announced on Thursday they had joined forces to build a photovoltaic centre covering an area of around 20,000 square metres on the campus. The new facility will be commissioned in stages from this year and will ultimately produce over two million kWh of electricity annually. The project,…

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Internal: Archive

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Renewable energy focus of Abu Dhabi visit

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UBS picks up AIG business

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Climate Farming

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Swiss risk losing status as innovation centre

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Current affairs

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Swiss franc liquidity operations to continue

More

Holcim axes 3,300 jobs worldwide

More

Private bankers face up to regulatory pressure

More

The body as a power plant

More

Solar energy to be developed in Lausanne

Popular Stories

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