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New planet spotted by European scientists

This content was published on Dec 1, 2005 The unnamed planet was spotted by scientists at the La Silla observatory in Chile, said the European Southern Observatory on Wednesday. The planet is located in the Libra constellation and has about 17 times the mass of the Earth. It takes only five days to complete its orbit around a star that has about a…

Driving towards success in Switzerland

This content was published on Dec 1, 2005 But having battled her way through strange reversing manoeuvres and lots of new theory, Isobel Leybold-Johnson thinks the Swiss way may not be so bad after all. After failing my test in Britain as a student, I arrived in Switzerland thinking it was high time to start driving again. The first step was to get…

Firms become more “ethical”

This content was published on Nov 30, 2005 In its 2005 Corporate Governance Rating, Ethos said that Swiss firms had become more transparent but that there was still room for improvement. Ethos, a foundation representing 77 Swiss pension funds, made headlines earlier this year when it challenged Nestlé’s boardroom decision to grant the double mandate of chairman and CEO to Peter Brabeck. In…

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Cash boost for luring foreign investors

This content was published on Nov 30, 2005 The House of Representatives followed the Senate in approving the budget of Location Switzerland, an organisation run by the economics ministry. The Senate had already approved the credit unanimously during parliament’s autumn session. But it was rejected by the House of Representatives. The House has now voted in favour of the funding after centre-left Social…

Senate backs easing of “last mile” monopoly

This content was published on Nov 30, 2005 The debate was overshadowed by last week’s controversial announcement by the government that it wants to sell off its majority stake in the telecoms company. On Wednesday the Senate narrowly approved (18-15) the opening up to competition of the right to connect households to exchanges using copper-cable infrastructure. However, it went against a parliamentary commission…

Young drivers face tough new rules

This content was published on Nov 30, 2005 The government wants young people to undergo a mandatory two days of extra training during this time as a way of cutting the high number of road accidents caused by new drivers. The new rules affect all those who apply for their first provisional licence for cars and motorcycles after December 1. Officials say the…

Swisscom confirms talks with government

This content was published on Nov 30, 2005 But European telecoms analyst Elie Cohen believes the company faces disaster unless an emphatic decision on full privatisation is taken soon. Swisscom’s announcement comes after Swiss Communications Minister Moritz Leuenberger revealed that the decision to privatise Swisscom was only taken after hefty debate in cabinet. On Wednesday Swisscom ended days of speculation about the state…

OECD forecasts healthy growth for Swiss economy

This content was published on Nov 29, 2005 In its autumn report for the world economy, the OECD said on Tuesday that exports and investment would boost Swiss output without fuelling inflation. The organisation, which represents the world’s 30 leading industrialised nations, said on Tuesday that the improved economic situation would also improve the Swiss job market and encourage consumption. “Whereas higher oil…

Richest Swiss get richer still

This content was published on Nov 29, 2005 Bilanz’s annual survey of the country’s richest citizens found that the majority had benefited from a stock-market upturn and strong performance in the luxury-goods sector. Magazine editor Stefan Lüscher told swissinfo that the top 300 Swiss – including foreign residents who have made their home in Switzerland – were collectively worth SFr400 billion ($306 billion).…

Swiss turn up the heat at climate conference

This content was published on Nov 29, 2005 The United Nations Climate Change Conference opened in Montreal on Monday and runs until December 9. Kolly, the top Swiss negotiator in Montreal, is optimistic that Switzerland will reach its targets to reduce carbon dioxide emissions but says a lot of work remains to be done. The introduction of a CO2 emissions tax in Switzerland…

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New planet spotted by European scientists

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Driving towards success in Switzerland

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Firms become more “ethical”

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Cash boost for luring foreign investors

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Senate backs easing of “last mile” monopoly

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Young drivers face tough new rules

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Swisscom confirms talks with government

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OECD forecasts healthy growth for Swiss economy

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Richest Swiss get richer still

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Swiss turn up the heat at climate conference

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