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Swiss support trade ban on bluefin tuna

This content was published on Mar 12, 2010 Swiss delegation co-leader Mathias Lörtscher told swissinfo.ch that Switzerland supported a ban on the international commercial trade in the fish, whose numbers have dropped drasticallly. In 1997 there were an estimated more than 200,000 tonnes of the massive tuna in the east Atlantic Ocean and Mediterranean. By 2007 this had fallen to under 80,000 tonnes.…

UBS warns parliament about US tax treaty

This content was published on Mar 12, 2010 In a letter to parliamentarians, the embattled bank said the other Swiss banks might be next to face pressure from US regulators. It said the US Internal Revenue Service had collected information on the cross-border activities of about 20 Swiss banks and may soon put pressure on them to reveal details of American tax evaders.…

Climate scientists get hot under the collar

This content was published on Mar 12, 2010 The InterAcademy Council (IAC), a Netherlands-based group of 15 national academies of science, will examine the work of the UN Intergovernmental Panel on Climate Change (IPCC), UN Secretary-General Ban Ki-moon announced earlier this week. The IPCC acknowledged in January that several of its key warnings in a 3,000-page report published in 2007 were exaggerated. The…

HSBC says bank data on 24,000 accounts stolen

This content was published on Mar 11, 2010 Previously the private bank had said information on no more than ten accounts had been stolen by a former IT employee, who passed the data onto the French authorities, setting off a row between Paris and Bern. “It is now clear that the theft, which was carried out by an employee of the [bank’s] IT…

Stolen data contains thousands of client accounts

This content was published on Mar 11, 2010 Previously, HSBC said it affected no more than ten. A former HSBC computer specialist admitted stealing client data from the bank which he passed to French tax authorities. “It is now clear that the theft, which was perpetrated by a former IT employee about three years ago, involves approximately 15,000 existing clients who had accounts…

Swiss flies profitably despite harsh headwinds

This content was published on Mar 11, 2010 The airline, owned by German state carrier, Lufthansa, said in a statement that total income from operating activities last year declined by 17 per cent to SFr4.36 billion compared with 2008. Swiss CEO Harry Hohmeister said he was satisfied with the airline’s performance. “We achieved a black-ink result in all four quarters; and we were…

Swatch watches industry crisis from a pedestal

This content was published on Mar 11, 2010 Revenues fell nearly nine per cent last year at Biel-based Swatch Group, a 20-brand empire employing 22,000 people, but the company began 2010 with much fanfare in an atmosphere of near panic among most of its peers. The firm’s brashness surprised observers but Kalust Zorik, co-founder of the new watchmaking institute at the ARC technical…

Helsana cuts jobs to move to healthier figures

This content was published on Mar 10, 2010 The layoffs amount to nearly one-sixth of the company’s staff and will take place over the next 18 months, Helsana said. The company said a portion of the job cuts would come from natural wastage, or attrition. In 2009 the Helsana Group, which provides health insurance to nearly two million people in Switzerland, suffered a…

Voice of nature

This content was published on Mar 10, 2010 Swiss books are often among the most beautiful around. The Buchkunst Foundation in Leipzig, Germany, recently awarded prizes to various Swiss publishers, among them editor Marco Müller for the Pro Natura book, the Voice of Nature (Die Stimme der Natur). It has been published by Kontrast in German and Editions Slatkine in French.Pictures by Markus…

Big bill lands at Swiss Re after Chile quake

This content was published on Mar 10, 2010 The world’s second largest reinsurance company, which sells insurance to insurance companies, said the amount of damage it would cover in Chile has climbed to around $500 million. That comes on top of $100 million in claims following a storm that recently swept across Europe, Xynthia. Chile has certain building codes in place but the…

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Swiss support trade ban on bluefin tuna

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UBS warns parliament about US tax treaty

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Climate scientists get hot under the collar

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HSBC says bank data on 24,000 accounts stolen

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Stolen data contains thousands of client accounts

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Swiss flies profitably despite harsh headwinds

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Swatch watches industry crisis from a pedestal

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Helsana cuts jobs to move to healthier figures

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Voice of nature

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Big bill lands at Swiss Re after Chile quake

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