Internal: Archive

Syngenta posts record profit, but sales drop

This content was published on Feb 8, 2007 The Basel-based company said the result was due to good sales of crop protection products where it is the world leader. Sales dipped slightly to $8.05 billion last year, the company said on Thursday. “Syngenta demonstrated resilience in markets that were challenging, notably in the first half of the year,” chief executive Michael Pragnell said…

Roche holds edge in battle of giants

This content was published on Feb 7, 2007 Both Basel firms turned in strong results last year, with Roche profits soaring 34 per cent to SFr9.2 billion ($7.3 billion) and Novartis announcing a 17 per cent rise to SFr9 billion. As the two companies go from strength to strength and outperform the international market it is hard to judge which holds the stronger…

Survey frowns on competition to attract rich

This content was published on Feb 7, 2007 And more than half of those polled in the “Swiss Perspective” questionnaire favour imposing more limits on smokers and oppose moves to legalise cannabis. Two out of three people who took part in the poll would like to abolish the tax competition among the cantons for people who earn more than SFr300,000 ($241,838). The survey,…

Exports sweeten chocolate industry results

This content was published on Feb 7, 2007 But demand at home stagnated and imported products now amount to 30 per cent of all chocolate consumed in Switzerland, according to the Union of Swiss Chocolate Manufacturers. Sales increased by just over four per cent while sales by volume grew nearly five per cent, according to a statement by Chocosuisse on Wednesday. Exports rose…

Roche beats Novartis to post record results

This content was published on Feb 7, 2007 It is the best result in the history of the Basel-based company and beats that of its local rival, Novartis, the world’s fourth-largest pharmaceutical company. Roche net sales increased 17 per cent to SFr42 billion and were in line with analysts’ expectations. “In both the pharmaceutical divisions and the diagnostics division, Roche anticipates continued above-market…

Youngsters sink into debt trap

This content was published on Feb 6, 2007 The authors of the Swiss Debtor Index, credit management group Intrum Justitia, have called for money management classes in schools as unpaid bills in Switzerland soar to SFr9 billion ($7.23 billion). The index reveals that the 25-34 age group is three times more likely to get into debt than the average person. In comparison, 65-74…

Leuthard aims for improved trade with Brazil

This content was published on Feb 6, 2007 Leuthard, who is accompanied on her four-day trip by a delegation of Swiss business leaders, is expected to sign a memorandum of understanding on the creation of a joint economic commission. The economics ministry describes this as a first “solid step” towards the implementation of the Swiss government’s strategy for Brazil adopted in December. Part…

Pollution index to limit Zurich airport flights

This content was published on Feb 5, 2007 At the weekend the city’s mayor also wrote a controversial letter to the authorities in neighbouring Germany in an effort to seek a compromise in the dispute. A majority in parliament voted on Monday against a people’s initiative calling for a maximum of 250,000 flights a year but adopted measures that are likely to limit…

Swiss Re sells the “Gherkin”

This content was published on Feb 5, 2007 Swiss Re, which is the world’s largest reinsurer, said the buyer was an affiliate of German real estate company IVG Immobilien, based in Bonn. In a statement from its Zurich headquarters, Swiss Re said it would remain the main tenant of the 41-storey building, which was designed by star architect Norman Foster. The sale, which…

Read more: Swiss Re sells the “Gherkin”

Swiss boat claims first solar Atlantic crossing

This content was published on Feb 4, 2007 The boat’s owners said at the weekend that Sun21 had docked in Martinique, 63 days after leaving the Spanish port of Chipiona near Cadiz. It is claimed to be the first-ever motorized vessel to complete the journey without using any fuel. The 14-metre boat largely followed the historic route sailed by explorer Christopher Columbus on…

Internal: Archive

Popular Stories

Most Discussed

Internal: Archive

More

Syngenta posts record profit, but sales drop

More

Roche holds edge in battle of giants

More

Survey frowns on competition to attract rich

More

Exports sweeten chocolate industry results

More

Roche beats Novartis to post record results

More

Youngsters sink into debt trap

More

Leuthard aims for improved trade with Brazil

More

Pollution index to limit Zurich airport flights

More

Swiss Re sells the “Gherkin”

More

Swiss boat claims first solar Atlantic crossing

Popular Stories

Most Discussed