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Alcohol consumption down as new problems arise

This content was published on Jul 29, 2010 The Swiss Alcohol Board released yearly figures on Thursday showing that overall consumption of alcoholic beverages sank by the equivalent of 0.1 litres of pure alcohol per person in 2009 compared with the previous year. That decrease is about the same as a person drinking 5.6 shots of spirits, a bottle of wine or two…

Airline Swiss back in black despite volcano chaos

This content was published on Jul 29, 2010 Improved air-freight business in the last six months boosted profits to SFr61 million ($58 million), compared to SFr65 million in the same period last year. But April’s flight chaos, caused by volcanic ash, cost the airline SFr30 million. The Icelandic volcano was also blamed for a 4.6 per cent fall in passenger numbers, to 3.4…

Facebook phenomenon keeps on growing

This content was published on Jul 29, 2010 In Switzerland it has around 2.2 million users, which is 29 per cent of the population. But not everyone wants to join and some companies have blocked access to it. The number of global Facebook members has risen to the equivalent of the combined populations of the United States, Germany and Japan. Facebook founder Mark…

Swiss sound alarm over fake drug imports

This content was published on Jul 28, 2010 Products such as bogus Viagra remain the most popular, but there has also been a peak in the orders of slimming products, some of which are dangerous. The Swiss Agency for Therapeutic Products (Swissmedic) said on Wednesday that in the first six months of the year it received reports of 992 suspicious, potentially illegal imports…

Swiss firms fast to publish figures

This content was published on Jul 28, 2010 The typical Swiss firm needs just 52 days – making it much faster than its European counterparts, who take 73 days on average. That’s according to a study released on Wednesday by software provider ifb and consulting network BPM. Worldwide, the economic crisis drove businesses to offer a prompt look into their ledgers. In 2009,…

Adobe widens web presence with Basel firm

This content was published on Jul 28, 2010 The two companies have arranged for Adobe to launch a public tender offer to acquire publicly held shares in a transaction worth around SFr255 million ($240 million). Day’s board of directors has recommended shareholders accept the SFr139 per share offer. Adobe said buying a leading web content management provider like Day would strengthen its global…

5th Convoy to Remember

This content was published on Jul 28, 2010 The biggest international military oldtimer meeting in Switzerland presents more than 600 vehicles from all over Europe. An airshow featuring Word War II Warbirds is this year’s highlight.

Israeli arrest in diamond theft case

This content was published on Jul 28, 2010 The arrest at the 61-year-old man’s home near Tel Aviv follows an extradition request issued by the Swiss authorities. The suspect and another person, who both resided in Belgium for several years, are said to have hoodwinked the managers of the diamond commerce firm Alldiam SA into believing they wanted to buy the gems they…

Scientific hot-air balloon overflies Kilimanjaro

This content was published on Jul 28, 2010 The two-week project launched by the hot-air balloon company Balloon Team in Lugano, canton Ticino, consists in using an aerostat to fly over the Tanzanian volcano, where the scientists will study aerosols, small particles, and their effect on climate and health. It is the first time that this type of research is being carried out…

Has UBS bank finally turned the corner?

This content was published on Jul 27, 2010 On Tuesday, six weeks after settling the US tax case, the bank reported a third successive quarter of profits and a marked decline in assets being withdrawn by wealthy clients. Has UBS left all of its problems behind? Chief executive Oswald Grübel, charged with restoring the bank’s fortunes since his appointment in February last year,…

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Alcohol consumption down as new problems arise

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Airline Swiss back in black despite volcano chaos

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Facebook phenomenon keeps on growing

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Swiss sound alarm over fake drug imports

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Swiss firms fast to publish figures

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Adobe widens web presence with Basel firm

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5th Convoy to Remember

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Israeli arrest in diamond theft case

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Scientific hot-air balloon overflies Kilimanjaro

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Has UBS bank finally turned the corner?

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