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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settling the US tax case, the bank reported a third successive quarter of profits and a marked decline in assets being withdrawn by wealthy clients.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,…

Traveller stats take off at biggest airports

This content was published on Jul 27, 2010 Despite severely disrupted service following the Iceland volcano explosion in April, Geneva airport recorded more than 5.65 million passengers for the first six months of the year — 4.43 per cent more than the first half of 2009. “We are surpassing our 2010 goals for growth,” airport spokesman Bertrand Stämpfli told the Geneva-based Le Temps…

Study urges new incentives for organ donors

This content was published on Jul 27, 2010 About 1,000 people are currently on a waiting list for a transplant hoping to find donors willing to give up their organs upon death. Switzerland is near the bottom of the list of registered organ donors in comparison with European Union countries. Mélanie Mader, who wrote her doctoral thesis at Neuchâtel University, points out that…

Value of weapons exports falls in first half

This content was published on Jul 27, 2010 Germany was the main customer, buying weapons and weapon components valued at SFr67.2 million. Figures released by the Federal Customs Administration on Tuesday showed that Saudi Arabia was in second place (SFr31.8 million) and Britain third (SFr29.3 million). Behind the top three came Pakistan, which spent more than SFr13 million on ammunition for its anti-aircraft…

UBS profit shines in second quarter

This content was published on Jul 27, 2010 The second-quarter profit exceeded analysts’ forecasts and client money withdrawals fell to their lowest level since early 2008. The news was met with enthusiasm at the Zurich stock exchange, with the UBS share price rising by seven per cent cent in early morning trading to SFr16.80. By the end of the day shares had leapt…

Japanese train tourists remain in hospital

This content was published on Jul 26, 2010 The Valais hospital authorities said seven of the victims – all Japanese citizens – were severely injured, including two who are on artificial respiratory machines. One Japanese tourist was killed and 40 other passengers suffered injuries when the train derailed in the Upper Valais region on its journey from Zermatt to St Moritz. The cause…

Sister collider planned for “Big Bang” machine

This content was published on Jul 26, 2010 Plans for the €10 billion (SFr10.5 billion), 50-kilometre tunnel called the International Linear Collider were presented to the International Conference on High Energy Physics in Paris on Monday. It could be built in Japan, Russia, the United States or at Cern (the European Organization for Nuclear Research), the home of the current collider. Barry Barish,…

Cosmetic botox booms at expense of mice

This content was published on Jul 26, 2010 Crow’s feet? Creased forehead? Botox is regularly touted as a solution, but few mention the animal cruelty involved.

Swiss funds to put Polish trains back on track

This content was published on Jul 25, 2010 The old rolling stock of the Warsawska Kolej Dojazdowa (WKD), a suburban railway that connects the city centre with the southwest, is to be modernised with funds from Switzerland’s enlargement contribution. In the centre of Warsaw, right next to the city’s famous landmark, the Palace of Culture, there are modern shopping malls, a multilevel city…

First alpine flights remembered

This content was published on Jul 24, 2010 The pioneering gas balloon pilot and photographer was not only the first to see and photograph the Alps from above, but also took the first aerial shots of the Arabian Desert. He went on a European tour with his slideshow winning rave reviews. Images: Eduard Spelterini © Transport Museum, Lucerne

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Has UBS bank finally turned the corner?

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Traveller stats take off at biggest airports

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Study urges new incentives for organ donors

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Value of weapons exports falls in first half

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UBS profit shines in second quarter

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Japanese train tourists remain in hospital

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Sister collider planned for “Big Bang” machine

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Cosmetic botox booms at expense of mice

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Swiss funds to put Polish trains back on track

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First alpine flights remembered

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