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Swiss Re profits from fewer claims

This content was published on Aug 4, 2006 The Zurich-based company, which recently bought the reinsurance operations from General Electric, announced on Friday that profit had risen to SFr1.57 billion ($1.3 billion) from SFr1.35 billion a year earlier. Total premiums earned rose 4.9 per cent to SFr13.8 billion compared with SFr13.2 billion a year earlier, the world’s largest reinsurer said in a statement.…

EasyJet expands operations in Geneva

This content was published on Aug 3, 2006 But plans to reopen an old terminal for use by low-budget airlines remain on hold following a challenge by Air France. EasyJet, which is the number two airline in Switzerland, announced on Thursday that it is to introduce daily flights from Geneva to Hamburg from December 1 and to Prague from October 29. The company…

Union echoes call for general wage increase

This content was published on Aug 3, 2006 Travail.Suisse has called for a general salary increase of up to three per cent for 2007. It also wants to try to reverse the sizeable wage differences between top managers and employees. The call, at a news conference in Bern on Thursday, follows a similar demand from the Swiss Trade Union Federation in June. “The…

Fair trade firm accused of foul play

This content was published on Aug 3, 2006 Criticism is also aimed at the global organisation’s branch in Switzerland, where consumers are big buyers of Max Havelaar products. The charges against Max Havelaar are detailed in a 500-page book, “Les coulisses du commerce equitable” (Behind the scenes of fair trade), by Christian Jacquiau. Paola Ghillani, a former director of Max Havelaar Switzerland, disagrees…

Swiss family Blatter extends sporting influence

This content was published on Aug 2, 2006 Infront was awarded the media and global sales rights for the 2002 and 2006 World Cups by Fifa, but the organisation denied that it played a part in the appointment of Philippe Blatter. The Blatter family name already carries a heavy resonance in world sport. Joseph, known as Sepp, has been in charge at Zurich-based…

Profit leaps to a record at Credit Suisse

This content was published on Aug 2, 2006 The second-quarter results, released on Wednesday, showed a net profit of SFr2.16 billion, driven by a boom in investment banking and wealth management. This compared with net profit of SFr919 million for the same period last year. Switzerland’s second-largest bank also reported a net inflow of SFr16.5 billion in its wealth management business, far above…

Trousers required for flag throwers

This content was published on Aug 1, 2006 A woman from the mountain resort of Saas Fee is now raising the red and white banner for women to bring the sport into the 21st century. Erika Andenmatten has already taken part as a flag thrower in the traditional parade of the prestigious national yodelling festival. But she did so wearing men’s trousers, bending…

August 1 for Swiss expatriates

This content was published on Aug 1, 2006 Citizens across the world, Friends of Switzerland, You are celebrating Swiss National Day far from the land where you or your ancestors were born. But by participating in votes and elections, you play an active role in deciding how Switzerland is governed. And how far away are you, really? Nowadays every continent can be reached…

Bern’s man in Berlin starts with a bash

This content was published on Jul 30, 2006 Christian Blickenstorfer started in his new post in May, in good time to host the largest Swiss National Day celebrations outside Switzerland. Economists forecast that Germany’s gross domestic product (GDP) will pick up to two per cent in 2006, from a sluggish 0.8 per cent last year. “We hope that Germany’s ongoing economic recovery is…

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This content was published on Jul 29, 2006

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Swiss Re profits from fewer claims

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EasyJet expands operations in Geneva

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Union echoes call for general wage increase

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Fair trade firm accused of foul play

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Swiss family Blatter extends sporting influence

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Profit leaps to a record at Credit Suisse

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Trousers required for flag throwers

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August 1 for Swiss expatriates

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Bern’s man in Berlin starts with a bash

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