Latest Switzerland News
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Swiss Life premiums rise 14 pct in first quarter 2013
ZURICH | Thu May 23, 2013 1:12am EDT ZURICH May 22 (Reuters) - Premium income for Switzerland's biggest dedicated life insurer Swiss Life rose 14 percent in the first quarter, with the segment for managing rich people's money jumping by nearly two thirds. The insurer said premiums amounted to 6.970 billion Swiss francs ($7.12 billion) in the first three months of the year, ...
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Art Basel in Hong Kong to kick off
A visitor walks past an exhibit during the exhibition Art Basel in Hong Kong, in south China's Hong Kong, May 22, 2013. Art Basel in Hong Kong, the latest leg of the international circuit, will kick off here on Thursday. [Xinhua/Lui Siu ...
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Complaint filed against Nestle in Colombian trade unionists death
Nestle was accused of failing to protect Luciano Romero, one of their employees and a Colombian trade union leader. The Trade Union Workers of the Colombia Agrifood System, said that the multinational did not protect the union member who was brutally murdered. The prosecutor of the canton of Vaud, Switzerland has filed a complaint against ...
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Zurich selected as Host City for Manifesta 11 in 2016
Manifesta announced their selection of the City of Zurich, Switzerland as Host City of Manifesta 11 in 2016.Since Manifesta's inception in the early 1990s it's mission has been to examine the cultural topography of Europe. Every two years it finds a new city or region in which to temporarily embed itself. In the past Manifesta has typically selected peripheral or contested regions as ...
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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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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 ...
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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