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Switzerland News Feed

Thursday 18th March, 2010

  • Swiss Market Index Rises At Midday

    MENAFN

    The Swiss Market Index (SMI) was trading higher by midday by 2.11 points or 0.03% at 6894.12 at 08:06 EST; the index opened the session today at 6876.91 and recorded its highest at 6897.62 and the low...

  • Israeli Customers' Details Stolen From Hsbc Switzerland

    Globes

    HSBC Private Bank (Suisse) SA, the Swiss arm of HSBC Holdings plc () reported last week that one of its former information technology division employees had stolen information and details about 24,000...

  • Report: Libyan Fm Says Swiss Gov Is Not Serious

    Boston Herald

    G ENEVA — Libya’s Foreign Minister Moussa Koussa says the Swiss government fails to take seriously the diplomatic crisis with Tripoli over the son of Libyan leader Moammar Gadhafi. Koussa...

  • Swiss Offer Firms Haven From British Tax Hikes

    Swiss Info

    Over the past few months prime British companies and high earners have reportedly threatened to pick up sticks and relocate to Switzerland to avoid rising taxes.

  • Nestle To Invest 75 Million Liras In Turkey

    Turkish Daily News

    MARKET SHARE: Nestle breakfast cereal has a 60 percent share of the Turkish market, according to Dr Hans Ulrich Mayer, board chairman of Nestle Turkey. AFP photo

  • Continued Fall In Production And Sales Number In Swiss Industry

    MENAFN

    (MENAFN - Kuwait News Agency (KUNA)) The Swiss federal office of statistics announced on Thursday that the course of business of Swiss industry in the 4th quarter of 2009 was once again negative, alth...

  • Swiss Exports See Increased Demand In Asia, North America

    MENAFN

    (MENAFN - Saudi Press Agency) Swiss exports were up a nominal 3.3 per cent inFebruary while imports showed a retreat of 0.9 per cent, governmentdata released Thursday showed, according to dpa.In real ...

  • Bermuda Concludes Cooperation Agreement With Swiss Regulators

    Insurance Journal

    Article Reprints The Bermuda Monetary Authority (BMA) has exchanged Letters of Cooperation with the Swiss Financial Market Supervisory Authority (FINMA). The Letters "formally establish the basis for ...

  • Hunger-striking Asylum Seeker Dies In Zurich

    Earth Times

    Geneva - A Nigerian asylum seeker who had gone on a hunger strike to protest against his expulsion from Switzerland died during his deportation, officials said Thursday. The 29-year-old man died Wedne...

  • <font Color="#996633" Face="times New Roman,times,times Newroman">swiss Banking Lobby Criticizes Us Anti-tax Evasion Bill</font>

    Morning Star

    (Dow Jones--Switzerland's banking lobby Thursday criticized the U.S. Senate's passage of legislation which requires foreign banks to cooperate with U.S. tax authorities on fighting tax evasion.

  • <font Color="#996633" Face="times New Roman,times,times Newroman">nestle Drops Indonesia's Sinar Mas As Palm Oil Supplier</font>

    Morning Star

    (SMAR.JK) as a supplier of palm oil, after environmental group Greenpeace led protests accusing the latter of destroying Indonesian rainforests.

  • Swiss Economic Expectations Rise In March

    Quote.com

    (RTTNews) - Thursday, the latest financial market test carried out monthly by the Centre for European Economic Research, or ZEW, in cooperation with Credit Suisse showed that economic sentiment for S...

  • Nestle Drops Palm Oil From Indonesian Supplier On Greenpeace Report+

    Breitbart

    JAKARTA, March 18 (AP) - (Kyodo)—The world's largest food and beverage company Nestle has cut direct contracts to buy palm oil from Indonesia's largest producer Sinar Mas following a report by ...

  • Libya Welcomes Gaddafi Photo Compensation Offer

    Swiss Info

    Image Caption: Geneva's cantonal president, Fran&ccedil;ois Longchamp, says the Tribune de Gen&egrave;ve was ultimately responsible for publishing the photo of Hannibal (Keystone)

  • Swiss Exports See Increased Demand In Asia, North America - Summary

    Earth Times

    Geneva - Swiss exports were up a nominal 3.3 per cent in February while imports showed a retreat of 0.9 per cent, government data released Thursday showed. In real terms, corrected for inflation, the ...

  • Swiss Watch Exports Up 14 Per Cent In February

    Earth Times

    Geneva - Swiss watch exports increased 14.2 per cent in February, compared to the same month last year, according to data released Thursday by the Federation of the Swiss Watch Industry. Wristwatches ...

  • Double Package Presented To Cap Manager Pay

    Swiss Info

    Initiative The initiative to put an end to excessive executive pay and boost shareholder rights was handed in with more than 118,000 signatures in 2008. A nationwide ballot on the issue is expected ne...

  • Watch Industry Hopes To Strike It Lucky In 2010

    Swiss Info

    After a crisis-hit 2009, the Swiss watch industry is feeling more optimistic about this year as it gathers at Baselworld, the largest global watch and jewellery fair.

  • Swiss Upper House Approves 5 Bank Data Deals

    RTE

    The Swiss parliament's upper house has approved deals with the US and four other countries to share data on potential tax dodgers, bringing the Alpine state closer in line with international standards...

  • Swiss Chocolate-maker Lindt Posts Profit Plunge In Economic Crisis

    The China Post

    GENEVA -- Swiss chocolate-maker Lindt and Spruengli on Thursday said its full-year profits plunged by over a third as the economic crisis quashed demand for premium chocolates. Currency fluctuations a...

  • Nestle Drops Palm Oil Supplier

    New Zealand Herald

    Nestle says it has dumped an Indonesian palm oil supplier due to concerns about the company's environmental record. The announcement comes a day after Greenpeace released a report which looked into h...

  • Nestle Nz Makes Palm Oil Pledge

    Newstalk ZB

    Last night Greenpeace released a report revealing the food company is using Indonesian palm oil in products like Kit Kats. Nestle spokesman Maurice Gunnell says the company has today committed to use...

  • Nestle 'pulled Greenpeace Youtube Ad'

    The Courier Mail

    GREENPEACE has accused the world's leading food and drinks company, Nestl&eacute;, of having an ad featuring an office worker eating orang-utan fingers removed from YouTube.

  • Nestle 'pulled Greenpeace Youtube Ad'

    The Daily Telegraph

    GREENPEACE has accused the world's leading food and drinks company, Nestl&eacute;, of having an ad featuring an office worker eating orang-utan fingers removed from YouTube.

  • Nestle 'pulled Greenpeace Youtube Ad'

    The Daily Telegraph

    GREENPEACE has accused the world's leading food and drinks company, Nestl&eacute;, of having an ad featuring an office worker eating orang-utan fingers removed from YouTube.

  • Nestle 'pulled Greenpeace Youtube Ad'

    News.com.au

    GREENPEACE has accused the world's leading food and drinks company, Nestl&eacute;, of having an ad featuring an office worker eating orang-utan fingers removed from YouTube.

  • Switzerland Set To Increase Presence In Australia

    Travel Blackboard

    Australians are set to learn a lot more about Switzerland this year as the European country&rsquo;s tourism body sets up a permanent office in Sydney. Speaking to

  • Torture Expert Blasts Human Rights Council

    Swiss Info

    Torture and secret prisons are &ldquo;global phenomena&rdquo; that are not being taken seriously by the Geneva-based United Nations Human Rights Council, warns a UN expert.

  • Libya Welcomes Gaddafi Compensation Offer By Swiss

    World Bulletin

    A top Libyan official on Wednesday welcomed as a "step forward" a call by Swiss officials for damages to be paid to a son of Libyan leader Muammar Gaddafi who was arrested in Geneva in 2008....

  • Politicians Present Two Options For Manager Pay

    Swiss Info

    The House of Representatives on Wednesday came out in favour of an initiative to end large bonus payments and give a greater say to shareholders, but also agreed to present a slightly less restrictive...

  • Special Report: Watches: Gears Mesh Again For Swiss Exports

    International Herald Tribune

    BASEL, SWITZERLAND &mdash; In the fat years, large-faced, chunky sports watches were all the rage. So what is the message behind the return this year to lean and slender? At the Baselworld luxury wat...

  • Special Report: Watches: Swiss Makers Reward The Chinese Market

    International Herald Tribune

    SINGAPORE &mdash; After the darkest days of the recession, as the U.S. market continued to stagnate, resilient Chinese buyers helped to keep the Swiss watch industry alive. Now, as the industry greets...

  • Swiss Priest Resigns After Confessing Sex Abuse

    Swiss Info

    It said the priest also acknowledged abuses in parts of neighbouring Austria and Germany that belong to the same diocese, and has reported himself to local police.

  • Geneva Says Newspaper Should Pay For Gaddafi Photo

    Swiss Info

    Image Caption: Geneva's cantonal president says the Tribune de Gen&egrave;ve was ultimately responsible for publishing the photo of Hannibal (Keystone)

  • Nestle Says Drops Palm Oil Supplier After Report

    Reuters

    AMSTERDAM (Reuters) - Nestle, the world's biggest food group, said it had stopped buying palm oil from Indonesia's Sinar Mas due to concerns about rainforest destruction, following a similar move by c...

  • Swiss Priest Resigns After Confessing Sexual Abuse

    New Jersey Online

    (AP) — CHUR, Switzerland - An eastern Swiss diocese says a priest has resigned after admitting to sexually abusing children in the 1970s. The Chur diocese says it approached the priest after b...

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