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EU prepares to fire next salvo in tax war

This content was published on Feb 25, 2007 The aim of a meeting of EU experts on Tuesday is to reach consensus on a European Commission mandate to put pressure on Switzerland to end the practice. According to a document seen by the Swiss news agency, the Commission is seeking to negotiate an “accord” with Switzerland forbidding any subsidies that are incompatible with…

Winter in Switzerland is warmest on record

This content was published on Feb 24, 2007 The national weather service, MeteoSwiss, said the densely populated lowlands were the most affected, with average temperatures of 5°C in Basel and 3.7°C in Zurich. After two relatively cold winters, the report said, this year’s high temperatures have been more in line with the trend of the past few decades towards warmer weather at this…

Armchair investors flock to booming market

This content was published on Feb 24, 2007 Last year the online trading system, Swissquote, saw client numbers soar 31 per cent to 64,067. Asset volume grew 50 per cent to SFr4.5 billion ($3.63 billion), including SFr1 billion of new money. There are currently about 130,000 Swiss, or two per cent of the population, trading independently online according to Swissquote. And chief executive…

Swiss price regulator has busy year

This content was published on Feb 23, 2007 In all, he handled 1,364 public grievances, just 31 short of the record year in 2005. In his annual report, published on Friday, Strahm noted that the majority of complaints were from people upset by the decision by the main cable television provider Cablecom to cut channels from its analogue offer. The issue not only…

Work takes back seat to leisure

This content was published on Feb 22, 2007 Nearly nine out of ten people polled said family and friends remained the most significant aspect in their lives, and did not want to work longer hours even if it meant more money. “We have less unemployment so that’s one reason for being happy with the whole work situation,” said Hansruedi Müller, head of the…

Brabeck explains how Nestlé delivers the goods

This content was published on Feb 22, 2007 Net profit at the company, which is based in Vevey on Lake Geneva, rose by 13.8 per cent compared with 2005 to a record SFr9.2 billion ($7.4 billion). Sales are hovering just below the SFr100 billion mark. Nestlé said the result had been boosted by its food and beverages businesses and added that it expected…

Experts call for coherent land use policy

This content was published on Feb 22, 2007 Their comments come at a time of increasing debate on urban sprawl in Switzerland, with opponents hoping to bring the matter to a nationwide vote. The report – the first of its kind – commissioned by the Swiss Spatial Development Office gathered the views of five experts from neighbouring Germany, Austria and France, as well…

Swiss Re signs climate change pact

This content was published on Feb 22, 2007 The world’s largest reinsurer says the pact reflects how companies have become more aware of climate change and its impact, and shows that they are committed to mitigating its effects. The agreement was presented on Tuesday by the Global Roundtable on Climate Change, an initiative by the Earth Institute at New York’s Columbia University. “Such…

Nestlé announces another record year

This content was published on Feb 22, 2007 Nestlé, based in Vevey, said the result had been boosted by its food and beverages businesses. It expects its winning streak to continue into 2007. Analysts had expected the world’s largest food group to report a 12 per cent rise in net income to SFr9 billion, according to a poll by Reuters. The 2005 profit…

Government sticks with nuclear power

This content was published on Feb 21, 2007 Political parties on the left and ecological organisations have criticised the move, but business leaders and the right are generally satisfied. “The replacement or building of new nuclear power stations is necessary,” said Energy Minister Moritz Leuenberger in Bern on Wednesday as he presented the cabinet’s new energy policy. The government predicts that, due to…

Internal: Archive

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Internal: Archive

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EU prepares to fire next salvo in tax war

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Winter in Switzerland is warmest on record

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Armchair investors flock to booming market

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Swiss price regulator has busy year

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Work takes back seat to leisure

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Brabeck explains how Nestlé delivers the goods

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Experts call for coherent land use policy

More

Swiss Re signs climate change pact

More

Nestlé announces another record year

More

Government sticks with nuclear power

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