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Cement maker Holcim cautious about 2010

This content was published on Mar 3, 2010 The company said on Wednesday that net profit in the quarter rose to SFr271 million ($250.5 million) compared with the same period in 2008, but profit for the year as a whole was down 17.5 per cent at SFr1.47 billion. “Uncertainty is at a high level, especially with regard to developments in Europe and North…

“Houses of Switzerland” hailed a success

This content was published on Mar 2, 2010 Switzerland had two houses this time, one in Vancouver and another in the resort of Whistler. Both were located in restaurants where large-screen televisions focused on Swiss athletes. Medal winners often came to the houses to celebrate with the public. The venues were publicly funded with a SFr1.5 million ($1.39 million) subsidy and were under…

Poll shows growing trust in police and Church

This content was published on Mar 2, 2010 The Reader’s Digest European Trusted Brands 2010 report published on Tuesday revealed that 74 per cent of respondents had faith in the police, up two percentage points on a decade ago. Confidence in the judicial system increased four points to 61 per cent over the same period. Around 43 per cent said they trusted the…

Economic downturn hits Georg Fischer hard

This content was published on Mar 2, 2010 Sales fell by 35 per cent to SFr2.91billion ($2.69 billion), resulting in a net loss of SFr238 million compared with a net profit of SFr69 million in 2008. The AgieCharmilles division, which provides machines and services to the tool and mould making industry, was the hardest hit, while the automotive business unit was also “seriously…

Swiss fourth-quarter GDP beats expectations

This content was published on Mar 2, 2010 The State Secretariat for Economic Affairs said on Tuesday that the year-on-year increase was 0.6 per cent for the same period. Overall, the Swiss economy shrank by 1.5 per cent in 2009. Seco said that the trade balance gave a positive boost to growth and that consumption and capital expenditures also increased. On the production…

GDP growth slows in first quarter

This content was published on Mar 2, 2010 This was thanks to private consumers and an increase in exports of “precious objects” – precious metals, gems and art objects – the State Secretariat for Economic Affairs (Seco) reported on Tuesday. From quarter to quarter, however, the Swiss economy grew more slowly than in previous months, with real GDP expanding 0.4 per cent over…

Men and women get different travel bugs

This content was published on Mar 2, 2010 The study, by Zurich University, is the first one ever to give a broad profile of travel-based infectious diseases from a gender point of view. “What we see very clearly is that men are much more likely to have vector-borne diseases, such as malaria, leishmaniasis or rickettsia which are transmitted by mosquitoes or ticks or…

“Big bang” machine is rebooted

This content was published on Mar 1, 2010 The European Organisation for Nuclear Research (Cern) said the “big bang” machine had been put on standby in December to prepare for higher energy collisions and the start of their main research programme. Collisions at the highest possible energy level, emulating conditions in the moments after the creation of the universe 13.7 billion years ago,…

Chile steps up quake rescue effort

This content was published on Mar 1, 2010 Swiss humanitarian experts have arrived in Chile to support the rescue effort. For the moment there are no reports of Swiss nationals injured or killed in the disaster. “We face a catastrophe of such unthinkable magnitude that it will require a giant effort [for Chile to recover],” Chilean President Michelle Bachelet told reporters on Sunday…

Kühne & Nagel sees profits fall in downturn

This content was published on Mar 1, 2010 With sales down by 19.4 per cent to SFr17.4 billion ($16.03 billion), net profit for the year was SFr467 million, according to results posted by the canton Schwyz-based group on Monday. The group said the logistics industry had suffered “unprecedented” declines in turnover and volume in the first half of 2009, both in international and…

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Cement maker Holcim cautious about 2010

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“Houses of Switzerland” hailed a success

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Poll shows growing trust in police and Church

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Economic downturn hits Georg Fischer hard

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Swiss fourth-quarter GDP beats expectations

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GDP growth slows in first quarter

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Men and women get different travel bugs

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“Big bang” machine is rebooted

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Chile steps up quake rescue effort

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Kühne & Nagel sees profits fall in downturn

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