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Stock exchange barometer marks 20th birthday

This content was published on Jun 30, 2008 The SMI was launched on June 30, 1988, by the Zurich stock exchange, listing 24 of the most liquid firms – featuring heavyweights from the banking, insurance, pharmaceutical, watchmaking, manufacturing and other industries. These companies represent around 84 per cent of the entire market capitalisation of all Swiss and Liechtenstein equities listed on the Swiss…

New rail record set

This content was published on Jun 29, 2008 Meyer told the Aarau-based newspaper Sonntag that the figure had risen by about five per cent in comparison with the same period in 2007, with some 900,000 passengers per day. He said that although the railways carried an extra 1.5 or two million extra passengers during the Euro 2008 period, these additional numbers had not…

“EU citizens help finance our social security”

This content was published on Jun 28, 2008 Should the labour agreement with the European Union on the free movement of people be extended to include Bulgaria and Romania? In a guest contribution, Foreign Minister Micheline Calmy-Rey explains why the answer to that important question should be a decided “yes”. On two occasions in the past the Swiss people have had an opportunity…

Switzerland hoists sail at World Expo

This content was published on Jun 27, 2008 Friday is Swiss day at the exhibition. President Pascal Couchepin is visiting, with a delegation made up of representatives of politics, diplomacy and business. In his opening speech, Couchepin underlined the importance of water as a vital resource. Water and sustainability are the themes of the Expo. Visitors enter the site across a pedestrian bridge…

Donating a new life

This content was published on Jun 27, 2008 Not everyone is as lucky as 24-year-old Sara Calzavara. Three years ago she received a new lung, and with it a new life. Fifty people on the waiting list died last year, despite a law to improve the situation that came into force on July 1, 2007. With only 10.8 donors per million, Switzerland falls…

UBS faces fraud charges in US

This content was published on Jun 27, 2008 The complaint filed on Thursday by the Massachusetts Securities Division alleges that the bank knowingly let brokers present its so-called auction-rate securities as virtually risk-free so it could reduce its own stake in the failing scheme. The investments have their interest rates set at periodic auctions, depending on the submitted bids. Auction rate securities were…

Industry must tackle rising energy costs

This content was published on Jun 26, 2008 Oil prices this year have shot to well over $100 (SFr102.5) a barrel – and could reach $200 by the end of the year, according to some experts – placing a great strain on industrial output and contributing to rising inflation. The challenge of spiralling energy costs was the theme of this year’s Industry Day…

Alarm sounded over chemicals in sunscreens

This content was published on Jun 26, 2008 The scientists said ultra-violet filters found in sunscreens and commonly used fireproofing materials were to blame for the presence of these dangerous chemicals. Even at low dosages these chemicals have an effect, according to the national research programme into endocrine disruptors. They bind with hormone receptors in the body, upsetting normal functions. They are also…

Shops profit from upbeat consumers

This content was published on Jun 26, 2008 Purchases of non-food items drove the increase and some market sectors recorded double-digit growth, said marketing research firm IHA-GfK on Thursday. It said the non-food sector had increased its share of total retail turnover to 48 per cent from 40 per cent since 1990. The positive results were reflected in the decision by different branches…

Zurich secures $90 million nanotech laboratory

This content was published on Jun 25, 2008 The pioneering deal will enhance Zurich’s status as one of the world’s leading centres in the cutting-edge science and allows for further collaborations with companies and institutions. The $90 million (SFr93.5 million) research facility will be built in Rüschlikon, along Lake Zurich, by the spring of 2011. It will house 900 square metres of “cleanroom”…

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Stock exchange barometer marks 20th birthday

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New rail record set

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“EU citizens help finance our social security”

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Switzerland hoists sail at World Expo

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Donating a new life

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UBS faces fraud charges in US

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Industry must tackle rising energy costs

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Alarm sounded over chemicals in sunscreens

More

Shops profit from upbeat consumers

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Zurich secures $90 million nanotech laboratory

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