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Syngenta questions insecticide link to cancer

This content was published on May 12, 2005 Swiss weekly L’Hebdo reported on Thursday that cases of bladder cancer around Monthey in canton Valais could be related to exposure to Galecron. The insecticide, used mainly on cotton plants, was produced by Ciba-Geigy from 1966 to 1976, and from 1978 to 1988. It was taken off the market because of potential risks to users.…

Bankruptcies continue to increase

This content was published on May 12, 2005 The 7.4 per cent increase in new bankruptcies in 2004 confirmed an ongoing trend that specialists blame on a sluggish economy. Last year was the first time bankruptcies passed the 10,000 mark since 1996, which was a record year. Bankruptcies have been on the rise for the past four years, but the latest increase was…

Apple and Sony prepare for download battle

This content was published on May 12, 2005 Charging SFr1.50 ($1.25) for one track, and from SFr14.50 for an entire album they have made the downloading of music legal. Up to now, downloads have been possible from illegal free platforms, which the music industry has been trying to stamp out. Launched in 2003, downloading music and paying for it has become a huge…

Progress made in fight against internet crime

This content was published on May 12, 2005 The Swiss Coordination Unit for Cybercrime Control (Cyco) said on Thursday that its priority remained to clamp down on child pornography. Cyco said it dealt with 6,097 reports from the public last year, compared with 6,457 in 2003 – the first year of its operation. This amounted to roughly 500 complaints a month. “As in…

AC Immune raises SFr21 million to combat Alzheimer’s

This content was published on May 12, 2005 It announced this week a SFr21 million ($17 million) Series B financing round from unnamed private and strategic investors. A strong management team and a significantly sized “market opportunity” gave investors confidence to sign up for the financing round. In the past, biotechnology companies in Europe tended to be formed researchers and scientists, but in…

Swiss better with numbers than words

This content was published on May 11, 2005 The study also showed that there has been a significant skill loss in adult populations in economically advanced countries. The Adult Literacy and Life Skills (ALL) Survey compares literacy in six countries: Switzerland, Canada, United States, Norway, Italy and Bermuda, as well as the Mexican state of Nuevo Leon. It measured skills in prose and…

Swiss climb back up ladder of competitiveness

This content was published on May 11, 2005 The IMD’s World Competitiveness Yearbook 2005 says the “remarkable performance” is due to the increasing dynamism of the international sector of the economy, adding that the domestic sector remains “disappointing”. Topping the annual survey from the Lausanne school is once again the United States, followed by Hong Kong, Singapore, Iceland and Canada. “When we look…

Corporate profits – what are they really worth?

This content was published on May 11, 2005 The figures are enormous, but so are the incentives for managers to make them look good. So how can an investor, or an interested bystander, know whether they correspond to reality? The question has been highlighted by the shift from Swiss accounting standards to two internationally recognised systems – IFRS and US GAAP – which…

Competition for mobile-phone users heats up

This content was published on May 10, 2005 The move comes after its main competitors announced price reductions in a bid to attract new customers. Sunrise said it was introducing a flat rate for mobile-phone customers who use so–called prepaid cards. The company will charge 49 centimes for a call and 20 centimes for a text message. Until now the company has offered…

Glacier keeps its cool under high-tech blanket

This content was published on May 10, 2005 The reflective high-tech material is designed to stop the Gurschen glacier from melting away beneath the resort’s upper cable-car station. The glacier has dropped 20 metres over the past 15 years, forcing the lift company to construct a snow ramp on top of it to give skiers access to the runs. Resembling giant strips of…

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Syngenta questions insecticide link to cancer

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Bankruptcies continue to increase

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Apple and Sony prepare for download battle

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Progress made in fight against internet crime

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AC Immune raises SFr21 million to combat Alzheimer’s

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Swiss better with numbers than words

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Swiss climb back up ladder of competitiveness

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Corporate profits – what are they really worth?

More

Competition for mobile-phone users heats up

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Glacier keeps its cool under high-tech blanket

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