Ellen's Swiss News World
| GE |  | Fair | 23°C |
| ZH |  | Partly Cloudy | 22°C |
ZURICH, SWITZERLAND – ABB has named one of its top managers, Ulrich Spiesshofer, as chief executive officer to succeed Joe Hogan. Spiesshofer, who is German, is currently head of the company’s discrete automation and motion (DM) division. Hogan announced in a surprise move last month that he is leaving the company, for personal reasons. He will [...]
BASEL, SWITZERLAND – ArtBasel had its best performance ever, in terms of public visitors, with some 70,000 registered during the three-day art fair, “with galleries reporting exceptionally strong sales across all levels.” More than 70 museums attended, with the fair serving as the world’s main contemporary and modern art show, where acquisitions are made by [...]
GENEVA, SWITZERLAND – The Swiss government said late Friday that it is ready to consider a move towards the automatic exchange of information (AEI) for tax reporting purposes, but it put off until September a debate by the Federal Council on the experts’ report that recommends this. The remarks were made in the context of [...]
GENEVA, SWITZERLAND – From Swiss media, some of the top stories at the moment: Tribune de Genève – One of two Swiss bankers called to gives testimony by French tax and fiscal system rapporteur Yann Galut, to the National Assembly in Paris, said that former French tax boss Jérôme Cahuzac is just one of 15 [...]
GENEVA, SWITZERLAND / EDITOR’S NOTEPAD – The pricing system for e-books is mostly a puzzle to the public, who have been convinced for years that books are priced based on tangible costs such as printing and shipping. Not so, but publishers never felt very pressed to explain this part of their work until e-books appeared [...]
BERN, SWITZERLAND – Swiss women continue to earn 18 percent less than men, the latest figures published by Bern indicate. Objectives factors such as personal qualifications or the nature of the job accounts for 62.4 percent, but, says the federal equality office, that still leave CHF 667 a month less for women, that is due [...]
ZURICH, SWITZERLAND – Nespresso machines are losing their battle to take Nestlé-only coffee pods, reports industry newspaper Food Business News, with yet another entry into the market later this year. “Mondelēz International is broadening its presence in the single-serve coffee market with the launch of coffee pods under its Jacobs and Carte Noire brands that [...]
BERN, SWITZERLAND – Good news for Swisscom mobile customers: the company is lowering its roaming fees for data, in Switzerland but also abroad. The group’s 600,000 Infinity programme clients could save up to 70 percent on roaming charges in 2013, the company announced Wednesday. The 50 MB weekly package in Europe will cost CHF9 (-63 [...]
BERN, SWITZERLAND – Switzerland’s post office at the end of June takes the first major step in a five-year programme that will see it denationalized, although the state will remain the majority shareholder – and as part of the shift, its financial arm, PostFinance, will become a bank. The change could have an impact on [...]
BERN, SWITZERLAND – Late Monday night the economic committee of Switzerland’s upper house of parliament voted 7-6 against an urgent law that would allow Swiss banks under investigation by the US Department of Justiceto share more information with the DOJ. The vote is the second “no” since the Federal Council presented the law 29 May, [...]
World News
