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Credit Suisse boss commits to One Bank vision

This content was published on Aug 2, 2007 As the bank announced strong second-quarter results on Thursday, Dougan said he is also committed to improving operational efficiency during a time of turbulence in the sector. Credit Suisse dramatically cut its exposure to the US subprime mortgage market – lending to borrowers with bad credit ratings – after being among a number of financial…

Profits surge at Credit Suisse

This content was published on Aug 2, 2007 The results, above analysts’ expectations, were boosted by record income from securities’ trading and higher fees from managing wealthy clients’ assets. Switzerland’s second-largest bank said on Thursday pre-tax income from its investment banking unit rose 94 per cent to SFr2.5 billion in the second quarter compared with SFr1.29 billion for the same period a year…

Speed limits fail to reduce ozone levels

This content was published on Aug 2, 2007 According to the latest research, there is no correlation between speed and the presence of ozone in the air. Ticino and Graubünden were the first cantons to introduce speed limits on certain stretches of motorway in August 2003 as Europe suffered from an unprecedented heatwave, which in Switzerland caused almost 1,000 additional deaths. At that…

Politicians stake claims to Swiss birthplace

This content was published on Aug 1, 2007 But Antoine Chollet, author of a 2006 essay “Switzerland: a divided nation”, believes it also demonstrates the inability of the Swiss political class to distance itself from national mythology. In May the Rütli commission called off the official celebrations saying too many obstacles stood in the way of organising the event on the meadow, on…

Calmy-Rey calls on Swiss abroad to vote

This content was published on Jul 31, 2007 In a speech to them marking Switzerland’s National Day – August 1 – Calmy-Rey said it was no exaggeration to say the country had largely achieved the dream of a life of freedom, peace and justice. “But rights and values are not guaranteed for eternity. The ‘spirit of the Rütli’ must be defended and developed,”…

Firms failing to plan boardroom handovers

This content was published on Jul 31, 2007 The study’s authors conclude that many managers have difficulty plotting the end of their own careers. The findings come against the backdrop of a number of recent high profile executive handovers in large Swiss companies. The study conducted by the Zurich University of Applied Sciences and recruitment consultancy Roy C Hitchman looked at the succession…

Swiss look for life on Mars

This content was published on Jul 30, 2007 They will all be crossing their fingers on Saturday as the journey begins to the Red Planet’s north pole, where the Lander will take soil samples and Swiss technology will help ascertain whether the surface ever contained water. The Swiss contribution to the latest mission is an atomic force microscope (AFM), designed specifically for the…

Dioxin found in Swiss food thickener

This content was published on Jul 30, 2007 The recalls follow quality controls by a Czech laboratory and a German company that revealed high levels of dioxin well above European Union standards in an additive made from guar gum produced and exported by the Swiss firm. According to the Tages-Anzeiger newspaper of Zurich, between 12 and 156 picograms of dioxin per gram of…

Canepa to quit as Nobel Biocare boss

This content was published on Jul 30, 2007 Canepa, who has been credited with building the company into the world’s leading maker of dental implants, will be replaced by former Syngenta executive Domenica Scala on September 1. Nobel Biocare said the succession had been planned a year ago so that the handover could be “executed in time and in a position of strength”.…

Alinghi scientists get on board “flying boat”

This content was published on Jul 30, 2007 Experts at the institute, who helped Switzerland’s Alinghi team retain the America’s Cup at the beginning of July, have been working on the Hydroptère, the world’s fastest sailing boat, for two years. “Hydroptère is the fruit of 15 years of work with specialists of this kind of boat,” Pascal Vuilliomenet, project coordinator at the institute,…

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Credit Suisse boss commits to One Bank vision

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Profits surge at Credit Suisse

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Speed limits fail to reduce ozone levels

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Politicians stake claims to Swiss birthplace

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Calmy-Rey calls on Swiss abroad to vote

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Firms failing to plan boardroom handovers

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Swiss look for life on Mars

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Dioxin found in Swiss food thickener

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Canepa to quit as Nobel Biocare boss

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Alinghi scientists get on board “flying boat”

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