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Swiss sip less and less wine

This content was published on Apr 5, 2007 The Swiss drank just over 270 million litres of wine – 2.5 per cent less than in 2006. The total amount consumed was down for both Swiss wine (-4 per cent) and foreign wine (-1.6 per cent). Figures in the report Wine Year 2006 show that consumers drank just over 50.9 million litres of Swiss…

Ski pistes go for a song

This content was published on Apr 5, 2007 But there’s a catch – the new owner is expected to keep on 12 staff and pay for renovations. The main reason the commune – or rather its ski lift company – can no longer afford to run the operation is because it needs to invest SFr1.5 million ($1.23 million) to renew its equipment. Health…

Roche to buy BioVeris for $600 million

This content was published on Apr 4, 2007 Roche said on Wednesday the acquisition would allow it to expand its immunochemistry business from the human diagnostics segment into new areas, such as life science research. The price equals about $21.50 per share, said Roche and BioVeris in a joint statement. The deal will give Roche access to so-called electrochemiluminescence (ECL) technology that causes…

Railways drives finances back into the black

This content was published on Apr 4, 2007 The improvement came after most operational sectors recorded better results and the liquidation of reserves worth SFr131 million. But despite the good news, not everyone is smiling on the railways. In mid-December, industrial action by railway workers was diverted at the 11th hour when management and public sector unions reached agreement over restructuring plans. Had…

Swiss get a taste of “Naked Chef’s” pukka grub

This content was published on Apr 4, 2007 The 32-year-old Essex lad, who has become one of the most famous chefs in the world, has teamed up with a leading supermarket chain to sell “kitchen kit and cupboard stuff” to the Swiss. Jamie Oliver seems to be the current golden boy of culinary television. His TV cooking programmes have become cult viewing in…

Swiss deminers clear path for 70,000 in Laos

This content was published on Apr 4, 2007 The Swiss Foundation for Mine Action (FSD) aims to return the land to 70,000 inhabitants in central and southern parts of the country that were recently hit by major food shortages. The two-year project, revealed on the eve of Wednesday’s International Day for Mine Awareness and Assistance in Mine Action, is being funded by the…

More rich foreigners lured by tax breaks

This content was published on Apr 3, 2007 The number of tax exiles reached 4,175 last year up from 2,394 in 2003, according to a survey by consultancy group KPMG. The policy has attracted critics both within and outside the country. Earlier this year a spokesman for French Socialist presidential candidate Ségolène Royal accused Switzerland of “banditry” after Johnny Hallyday, a French rock…

Swiss place trust in life-saving services

This content was published on Apr 3, 2007 What’s more, Swiss have twice as much faith in their politicians as the European average – although coming bottom of the list and trusted by only one Swiss in seven, Swiss politicians shouldn’t congratulate themselves just yet. As part of the Reader’s Digest European Trusted Brands 2007 survey, 1,100 representative Swiss were asked: “How high…

Financial experts welcome “rosy situation”

This content was published on Apr 3, 2007 The economic institute added on Tuesday that risks from inflation would remain small. Gross domestic product (GDP) was seen increasing by 2.4 per cent in 2007 by KOF’s specialists, up from an earlier forecast of 2.1 per cent. For 2008 the institute pencilled in growth at 2.5 per cent, up from 1.5 per cent. “We…

Poll finds Swiss happy at work

This content was published on Apr 3, 2007 Swiss employees said they were more satisfied with their jobs and their work-life balance than most people taking part in the poll elsewhere. However, the Working Conditions Survey conducted by the European Union found that Switzerland did not fare as well when it came to the number of women in management positions or safety in…

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