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Transocean under fire over US oil spill

This content was published on May 3, 2010 It is still unclear what caused the explosion on the rig operated by BP and owned by Transocean, but many are beginning to point their finger at the Zug-based company’s blowout preventer (BOP) for failing to work properly. “BP is responsible for this leak — BP will be paying the bill,” President Barack Obama told…

Seeing Switzerland through other eyes

This content was published on May 3, 2010 The library has put on a small exhibition giving a tantalising overview of some of the thousands of guidebooks to the country that have been published over the past couple of centuries. Curator Beat Gugger has selected about 300 out of the 30,000 or so in the library’s stocks. As he told swissinfo.ch, the aim…

New chip card aimed at boosting e-business

This content was published on May 3, 2010 “It has a huge potential and helps us to improve the competitive edge of Switzerland,” said Jean-Daniel Gerber, head of the State Secretariat for Economic Affairs (Seco), at a news conference on Monday. He said the introduction of the SuisseID card, which is also available as a USB stick, makes the use of multiple passwords…

Shanghai World Expo

This content was published on May 3, 2010 The World Expo in Shanghai is officially underway, with the Swiss exhibition attracting large crowds wanting to ride a ski lift to “mountains” and “meadows” installed on the roof. Blaise Godet, Switzerland’s ambassador to China, says the Swiss have a real advantage in that Switzerland is beautiful. But the pavilion hopes to go beyond the…

Greece faces “Herculean task”

This content was published on May 3, 2010 “Belt tightening”, “crash diet” and “bitter pill” were frequent phrases in editorials on Monday, a day after the European Union and the International Monetary Fund agreed on a €110 billion (SFr158 billion) aid rescue. Eurozone ministers, meeting in an emergency session, approved the three-year package of emergency loans after Greece committed itself to the painful…

Advisors step aside for e-private banking

This content was published on May 3, 2010 Switzerland’s oldest private bank, Wegelin, is now leading the Swiss pack in the use of new technology with the launch of Nettobank. Online trader Swissquote plans to offer a similar service in the next few months. Nettobank clients will initially be offered a limited range of funds after completing an online risk assessment profile and…

Figures confirm Swiss efforts to contain franc

This content was published on May 2, 2010 Official figures show that Switzerland’s foreign exchange reserves went up by SFr30.2 billion in the first quarter, with the central bank buying heavily into euros and selling Swiss francs. “The bank was very active in the first quarter”, the head of foreign exchange research at Credit Suisse, Marcus Hettinger told the NZZ am Sonntag newspaper,…

Swiss doping expert outlines new concerns

This content was published on May 2, 2010 The Lausanne lab works closely with Anti-doping Swiss, the independent national anti-doping agency, which is getting into its stride after a slow start in July 2008. The agency last week held its second annual news conference at the Olympic Museum in Lausanne. At the end of last year the government granted an additional SFr1 million…

Smoke Signals

This content was published on May 1, 2010 Swiss tobacco production is on the decline; only about 400 farmers still grow this labour-intensive crop. Most of them are in the Broye Valley stretching across cantons Vaud and Fribourg. Their production covers only a small share of the tobacco consumed in Switzerland. (Text and images, Thomas Kern/swissinfo.ch)

BP to face severe consequences, says Swiss expert

This content was published on Apr 30, 2010 A Swiss-Dutch geologist tells swissinfo.ch the disaster could severely affect multinationals like BP. On Friday, the oil industry got a taste of the way things could go when Washington put a hold on any new offshore oil projects. Stefan M. Luthi is professor of production geology and head of the department of Geotechnology at the…

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Transocean under fire over US oil spill

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Seeing Switzerland through other eyes

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New chip card aimed at boosting e-business

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Shanghai World Expo

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Greece faces “Herculean task”

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Advisors step aside for e-private banking

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Figures confirm Swiss efforts to contain franc

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Swiss doping expert outlines new concerns

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Smoke Signals

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BP to face severe consequences, says Swiss expert

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