Latest Switzerland News
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Indo-China bilateral meet on healthcare sector held at Geneva
Union Health Minister Ghulam Nabi Azad and Dr Li Bin, Minister of Health and Population, People's Republic of China met here yesterday on the sidelines of World Health Assembly to discuss the strengthening of bilateral cooperation between the two countries in healthcare sector. Congratulating Dr Li Bin for taking over as Health Minister of China, Azad stated that in view of her keen interest ...
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Amnesty International flags asylum law
Cabinet has presented a draft bill setting the rules for the freezing and restoring assets obtained illegally by foreign dictators and deposited in Switzerland. If approved by parliament, it will be the first law of its kind in the ...
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Switzerland ETFs in Focus on China FTA Deal
Switzerland, unlike many other European economies, has maintained a budget surplus and a credit rating of 'AAA'. The unemployment rate of the nation is also much lower than the neighboring economies, suggesting that Switzerland has been able to do better than most (5 ETFs for Countries with Highest Employment Rates). Yet, that doesn't mean that Switzerland is resting on its ...
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Art Basel Hong Kong Opens on Thursday
HONG KONG ...
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Swiss take a step to unlocking mystery of ageing
View Photo AFP/AFP/File - Swiss researchers said Wednesday that they had taken a step closer to unlocking the mystery of ageing after discovering the impact of a longevity gene in mice and then managing to extend ...
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Swiss Issue for AMAGTakedas Rienso
Takeda Pharmaceutical ( ), that the latter is recalling a specific batch of Rienso from the Swiss market. Takeda's reason to recall the specific batch of Rienso was primarily due to some post-marketing adverse event reports concerning hypersensitivity reactions of varying severity after the administration of Rienso from that batch. We note that Takeda is the exclusive distributor of Rienso ...
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Europe targets Switzerland in fight against bank secrecy
Reuters © (L-R) Greece's Prime Minister Antonis Samaras listens to Austria's Chancellor Werner Faymann and Latvia's Prime Minister Valdis Dombrovskis as they pose for a family photo during a European Union leaders summit in Brussels May 22, 2013. REUTERS/Laurent ...
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Swiss closer to solving mystery of ageing
Swiss researchers say they have taken a step closer to unlocking the mystery of ageing, after discovering the impact of a longevity gene in mice and then managing to extend the life-span of worms by 60 per cent thanks to a basic antibiotic treatment."They were not only living longer, but were also more fit," said Johan Auwerx in a video released by the Ecole Polytechnique Federale de ...
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Swiss leader looks to Beijing
/enpproperty--> A prosperous, stable and peaceful China is important to Switzerland and the world, according to President of the Swiss Confederation Ueli Maurer. His comments come ahead of official visits by ...
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Amag slumps on Ferahame recall in Switzerland
NEW YORK (AP) -- Shares of Amag Pharmaceuticals Inc. sank Wednesday after the company said it is taking a batch of its anemia drug Feraheme off the market following the death of a patient. THE SPARK: Amag said its partner Takeda Pharmaceutical is taking a batch of the drug off the market in Switzerland. Amag said four patients experienced severe allergic reactions to the drug, and one of ...
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What Picasso Knew Branding Tips For Artists From An Art Basel Insider
Art Basel Hong Kong kicks off three big weeks of international acclaim for the industry, and reminds me of an anecdote about Picasso which, in a way, sums up a significant conundrum for those who make their living in the art world. Seems someone visited his studio, stood in front of a painting for several minutes, and asked Picasso, "What does it represent?" Picasso replied without ...
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Switzerland eyes law on frozen dictator funds
Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law aimed at simplifying the process of freezing and unblocking such funds, the government said Wednesday. The law under construction would regulate "the administrative confiscation and restitution of dictator assets," the government said in a statement. Bern ...
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Research and Markets ICT Market Report 201213 Switzerland
"ICT Market Report 2012/13 Switzerland" report to their offering. This report provides the reader with an intimate understanding of the development and trends of the Swiss ICT market. The bi-annual European Information Technology Observatory (EITO) market reports have built a strong reputation as indispensible source of information for marketing, consulting, policy ...
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Cabinet drafts unique law on dictators’ assets
Cabinet has presented a draft bill setting the rules for the freezing and restoring assets obtained illegally by foreign dictators and deposited in Switzerland. If approved by parliament, it will be the first law of its kind in the ...
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IOC President calls for more targeted drug testing following key meeting in Lausanne
May 22 - International Olympic Committee (IOC) President Jacques Rogge says more targeted, out-of-competition testing in high-profile sports is needed to catch the drug cheats following a key meeting of sports leaders in Lausanne. The meeting chaired by Rogge included the four IOC vice-presidents in Singapore's Ser Miang Ng, Germany's Thomas Bach, Morocco's Nawal El Moutawakel ...
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Swiss seek to facilitate restitution of dictator loot
ZURICH (Reuters) - Switzerland proposed on Wednesday a new law to make it easier to freeze assets stolen and salted away by foreign leaders and return them to their countries of origin. The draft law would allow Switzerland to freeze the assets of so-called politically exposed persons, or PEPs, as a preventative measure and would set up a framework to confiscate and return assets to the ...
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Fitch Affirms Three Swiss Money Market Funds Managed by Lombard Odier at AAAmmf
Fitch: Recession Concern Dampens European Investor Sentiment An increasing number of investors expect fundamental credit conditions will deteriorate across sectors, according to a Fitch Ratings investor survey. The more circumspect sentiment was most notable for the sovereign segment, where the proportion of survey respondents anticipating worsening conditions more than doubled to 55%, from 24% ...
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Court ruling on holiday homes sparks controversy
Switzerland's highest court has decided that the limits on new holiday homes adopted by Swiss voters last year would apply to building permits issued as of March 2012. Builders will be forced to immediately halt construction on affected ...
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Swiss Billionaires Buy Merck Geneva Building for Biotech Campus
Merck KGaA (MRK) 's Geneva headquarters to turn it into a biotechnology campus. Bertarelli, who founded Geneva-based drugmaker Serono and sold it to Merck for $13.3 billion in 2007, formed a consortium with Wyss to buy the 725,000 square-foot (67,355 square-meter) building, the group said in a statement today. The group didn't disclose the price for a building that cost $1.25 ...
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Swiss banks fear heavy fines in U.S. tax deal - sources
By Katharina Bart and Albert Schmieder ZURICH (Reuters) - Swiss banks fear heavy fines they expect to pay to settle a long-running dispute with U.S. authorities over helping wealthy Americans evade tax could hit smaller lenders particularly ...
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Swiss billionaires buy Merck Serono HQ for biotech campus
The new logo of bio pharmaceutical company Merck Serono SA is pictured outside the new headquarters in Geneva January 8, 2007. REUTERS/Denis ...
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Swiss banks facing huge fine over US assets Rpt
The vote followed the committee's decision to embrace a Republican move to ease restrictions on high-tech US companies that want to hire more skilled workers from countries like India and ...
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Nestle expands Singapore RD amid Asia market growth
Photo from http://www.nestle.com.sg/ GENEVA -- Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth. Nestle said that it invested almost 4.0 million Swiss francs (3.2 million euros, $4.1 million) to extend its research facility, and would this year add 20 jobs to the current team of 100. ...
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HKs first Art Basel fair to lift arts status
The first Art Basel fair to be hosted by Hong Kong boasts a prestigious array of international art, highlighting the city's new role as a global arts hub amid an explosion of personal wealth in mainland China. The four-day annual show is the world's premier art fair and has until now only been held in Switzerland and the United States. On Wednesday wealthy VIPs flocked to the ...
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Refugees struggle to survive in new Lebanese homes
Traumatised by the horrors of war, waves of Syrians continue to pour into Lebanon despite difficult living conditions in the tiny Mediterranean country - a quarter of the size of Switzerland with a population of four million. "I had to flee with our two girls and leave my husband behind and I'm going to deliver in less than one monthI don't know how I'm going to cope on ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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