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Ski region counts the cost of climate change

This content was published on Mar 5, 2007 According to a report released on Monday, the impact on the region, which includes resorts such as Interlaken and Gstaad, will be destructive but not devastating. By the year 2030, winter revenues will drop by around 30 per cent, and more than one-third of the region’s ski areas will cease to exist. The good news…

IMF calls on Swiss to adopt EU product policy

This content was published on Mar 5, 2007 In its annual assessment, the IMF comments that as economic expansion enters its fourth year “growth is balanced, inflation is low and employment is strong”. It argues for “deeper structural reform” in the internal market, such as adopting the “Cassis de Dijon” principle although it is not a member of European Union. Under this principle,…

Research hit by row over animal “dignity”

This content was published on Mar 5, 2007 At least two experiments involving macaque monkeys have been put on hold amid confusion over how the law should be interpreted – even the Federal Veterinary Office says the issue is a grey area. Under Swiss law, scientists must submit a protocol involving all animal experimentation to a local evaluation committee. While the committee is…

Swiss to pass on more Berlusconi documents

This content was published on Mar 4, 2007 The Federal Court ruled that the Swiss authorities could pass on information concerning bank accounts allegedly used for fictitious and elevated payments of film and television rights by Mediaset, a firm controlled by the former Italian prime minister’s company. The holders of a number of incriminated Swiss accounts had appealed against the transfer of banking…

Biomaterials research gets a boost in Basel

This content was published on Mar 3, 2007 Specialists say this domain is very dynamic, concentrating Swiss know-how in areas such as precision mechanics and building materials, and with higher-than-average investments for this sector. Basel’s Biomaterials Science Center (BSC), part of the city’s university hospital, was officially inaugurated on Saturday. With generous financial backing from dental implant millionaire Thomas Straumann, it hopes to…

Adecco “on track” after profit boost

This content was published on Mar 2, 2007 The figures for the world’s largest recruitment firm, released on Friday, were well ahead of expectations and were boosted in part by a year-end tax break. Revenues at Adecco, which has its headquarters near Zurich, were up 12 per cent to €20.4 billion, slightly below expectations, lifted by last year’s acquisition of DIS, a German…

Swiss firms want takeover rules changed

This content was published on Mar 1, 2007 Parliament is set to debate whether to make investors reveal their identity once they buy three per cent of a target’s shares. This comes amid intense takeover speculation in the industrial sector. Current market regulations allow investors to remain incognito if they buy less than five per cent of a company’s shares that come with…

Swiss top global travel and tourism table

This content was published on Mar 1, 2007 The alpine nation, which this week announced its best tourism figures since 2000, outstripped 123 other countries on the back of its safety record and high-quality staff. “Switzerland is an extremely safe country, with excellent health and hygiene indicators, as well as environmental regulation that is among the most stringent and effective in the world,”…

Swiss Re profit doubles

This content was published on Mar 1, 2007 The world’s largest reinsurer revealed the results on Thursday as it launched a SFr6-billion ($4.92-billion) share buyback. Net profit was up from SFr2.3 billion in 2005 and the company, which insures other insurers, also increased its dividend to SFr3.40 per share, up 36 per cent. It said synergies from the SFr7.4 billion acquisition from General…

Opponents of health initiative extend lead

This content was published on Feb 28, 2007 The latest opinion poll – commissioned by the Swiss Broadcasting Corporation – found the gap between opponents and supporters had widened since an earlier survey. Fifty-two per cent of respondents said they would vote against the people’s initiative, which is backed by the centre-left Social Democrats and the Greens. Support for the proposal slipped slightly…

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Ski region counts the cost of climate change

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IMF calls on Swiss to adopt EU product policy

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Research hit by row over animal “dignity”

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Swiss to pass on more Berlusconi documents

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Biomaterials research gets a boost in Basel

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Adecco “on track” after profit boost

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Swiss firms want takeover rules changed

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Swiss top global travel and tourism table

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Swiss Re profit doubles

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Opponents of health initiative extend lead

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