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Perfume makers face fines for sniffing profits

This content was published on May 28, 2010 An 18-month-long investigation by the Federal Competition Commission said fines would range up to SFr25.5 million ($22 million) and would hit the majority of members of Ascopa, a Geneva-based association of manufacturers, importers and suppliers of perfumes and make-up. Those likely to suffer fines include Chanel Genève, Clarins, L’Oréal Produits de luxe Suisse, Christian Dior…

TV-internet hybrid takes step forward

This content was published on May 28, 2010 The dream of linking the internet and television was given another boost last week when internet giant Google announced its newest brainchild, Google TV, a plan – although not the first – to combine the two technologies. The company said it was joining up with big-name tech players including Switzerland’s Logitech, which manufactures peripherals such…

Hundreds more are making it to a hundred

This content was published on May 27, 2010 The Statistics Office says that from the generation of 1900, less than one per cent managed to celebrate their 100th birthday but that situation has now changed. Of men born in 1950, 4.4 per cent can theoretically reach the age of 100; when it comes to women, the percentage rises to 9.2 per cent –…

Foreign workers prove themselves in tough times

This content was published on May 27, 2010 The State Secretariat for Economic Affairs (Seco) and its partners gave good marks to Switzerland for its eight-year participation in agreements that have allowed freedom of movement between Switzerland and the EU and European Free Trade Association. During that time, well trained workers from the EU and Efta countries helped fill vacancies left open by…

Last shuttle flights bring Swiss new challenges

This content was published on May 27, 2010 The space shuttle Atlantis touched down for the final time on Wednesday, 18 years after astronaut Claude Nicollier joined its crew to become the first Swiss in space. The head of the Swiss Space Office, Daniel Neuenschwander, says the American plan to focus more on deep-space travel and unmanned, robotic missions will provide new opportunities…

Foreign bank profits drop

This content was published on May 26, 2010 The group, which represents around 45 per cent of banks in Switzerland’s financial centre, put the loss down to write-offs and declining interest rates and commission. The number of employees also dropped, by eight per cent to 20,000, the Association of Foreign Banks in Switzerland reported in Zurich on Wednesday. Although the amount of private…

OECD optimistic about economic growth

This content was published on May 26, 2010 The OECD revised its predictions for industrialised countries for 2010 and 2011. In Switzerland’s case, it expects growth of 1.8 and 2.2 per cent, up from its previous forecast of 0.9 and 1.9 per cent. The Paris-based institution said Gross Domestic Product (GDP) in industrialised countries is projected to rise by 2.7 per cent this…

Swiss join international quake project

This content was published on May 26, 2010 The research project will also evaluate the number of victims and the financial losses, making a cost-benefit analysis for prevention measures, especially in the construction sector. GEM should be ready in five years’ time and will be an Open Source software, a government statement said. The new system will integrate already existing models, such as…

Swiss cities rated top for life quality

This content was published on May 26, 2010 Overall, European cities dominated, with Vienna taking the number one spot for the second year in a row. Zurich and Geneva were placed two and three. Bern took ninth place. The survey looked at 221 cities in all. Also making it into first five were Vancouver in Canada and Auckland in New Zealand. Baghdad in…

Seed march takes biodiversity on tour

This content was published on May 25, 2010 The NGO Swissaid has organised a “seed march” that will make stops in a number of Swiss towns over the next two weeks. At the centre of the campaign are farmers and other experts from Guinea-Bissau, India, Nicaragua and Niger. In a series of events held jointly with Swiss specialists they will share with the…

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Perfume makers face fines for sniffing profits

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TV-internet hybrid takes step forward

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Hundreds more are making it to a hundred

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Foreign workers prove themselves in tough times

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Last shuttle flights bring Swiss new challenges

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Foreign bank profits drop

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OECD optimistic about economic growth

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Swiss join international quake project

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Swiss cities rated top for life quality

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Seed march takes biodiversity on tour

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