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Socialist Government takes over Swiss owned antimony smelter

Glencore.jpgOn Sunday, Bolivia’s socialist government says it is taking over an antimony smelter owned by Swiss Commodities Company Glen core. This government decree was announcing the mining minister...

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Swiss Franc Weakened Against the Euro

Swiss-Franc-Weakened.jpgIn consequence of the conjecture that the Swiss National Bank may have sold the currency to avoid further gains after it reached a record high against the single currency...

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Swiss Franc Touches All Time High Against Euro

swiss-franc-coins.jpgThe Swiss National Bank has shown no intentions of intervening in the matter, as the Swiss franc had gained an all time high against Euro. The euro slipped to CHF1.3744 from...

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A Resilient Banking System in the Future, Say Experts

adair-turner.jpgThe regulators in a meeting in Basel, Switzerland have agreed to offer the world banks as much as eight years to comply in full, hence would give them a doubled capital requirement....

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Bank Stocks Increase over Longer Transition Period to Adhere to Basel...

Bank-Stocks-Increase.jpgOn Monday, the financial stocks climbed up, on account of the change in the implementation period of regulations sanctioned by a Switzerland-based regulatory group.read more

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Swiss Economy Outperforms Neighbor Economies

Swiss-currency.jpgIt’s the right time for bulls to buy the Swiss currency, as the economy of Switzerland has been performing well in the market as compared to the economies of its neighbors.Moreover,...

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Three 100 mpg-plus cars win Progressive Insurance’s Automotive X Prize

battery-electric-E-Tracer.jpgThe winners of Progressive Insurance’s Automotive X Prize – for 100 mpg-plus cars – were announced at an awards ceremony at the Washington Historical Society on Thursday....

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Temporary Staff to Act as an Indicator

Temporary-Staff.JPGNot bothering about the frail global economic recovery, Adecco SA is said to have put forth that the Companies are not really affected by the recovery and are busy hiring.For...

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Nestle SA to Expand Medical Nutrition Business

Nestle.jpgOn Monday, Swiss food and drinks giant Nestle SA expressed its desire to expand its medical nutrition business in near future.For this, the Company will invest hundreds of millions of dollars...

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Logitech unveils first “Google TV” device – the US$300-priced Logitech Revue

Googletv.jpgOn Wednesday, Logitech - the Swiss firm specializing in keyboards, webcams and other peripherals for computers – unveiled the first of the “Google TV” boxes that will merge online content...

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Cardiovascular Risk Increases with Painkillers

Painkillers-1.jpgIn a recent study by the researchers from the University of Bern in Switzerland it has been found that any long-term use of Non-Steroidal Anti-Inflammatory Drugs (NSAID), popularly...

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Rising prices can cause dilemma in the west

World-Economic-Forum.jpgThe build up of inflation in the countries like India, Brazil and china have created quite a concern for the central banks of other countries that includes the federal bank....

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$100 M Donation by Bill Gates

Bill-Gates.jpgThe Microsoft co-founder, Bill Gates has funded $100 million to fight against polio. At the last week’s World Economic Forum meeting in Davos, Switzerland, he has given an addition $100...

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Physical inactivity on rise

who9.jpgAccording to the World Health Organization officials in Switzerland, colon, breast cancer and a decrease in heart disease takes place if a perosn exercises for about 2 1/2 hours every a week....

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Glencore worth $6 Billion

Glencore.jpgThe total worth of the equity of Glencore might amount to a huge $60 billion roughly. But the hitch is that a little more than a third part of the profit is derived from its trading...

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Nestle Registers a 6.4% Rise in Sales in First Quarter

Nestle.jpgDespite of the increasing commodity costs, Nestle, the world's largest food group, has been able to register a strong market and sales growth in its first quarter and it believes that...

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Female Smokers at High Risk to Suffer From Peripheral Artery Disease

Female-Smokers.jpgA new study shows females who even smoke for a short time are more likely to suffer from peripheral artery disease (PAD) if compared to those who do not smoke at all. This study has...

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Nissan to Launch Concept Car In 2013

Nissan-Motor.jpgAs per recent reports, it has been revealed that Nissan has planned to build a new car, which will be showcased at the Geneva Motor Show. The compact car will be manufactured at its...

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Avalanche Researchers Expect to Develop Long-Lasting Tasty Ice Cream

Avalanche.jpgIt seems that sooner or later Nestle would be able to understand a lot about how ice crystals merge and grow. For the research, scientists at the Institute for Snow and Avalanche Research...

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Rising Need to Increase Awareness Regarding Global Warming

Global-Warming.jpgAccording to a new report proposed by the Intergovernmental Panel on Climate Change, communities or areas that have already suffered major loss due to extreme weather conditions will...

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