News Flashes

Federer downs Beck at US Open

by Swisster Staff
September 3, 2010 | 04:07

Switzerland's Roger Federer qualified for the third round of the US Open in New York on Thursday after beating Germany's Andreas Beck in three sets 6-3 6-4 6-3 to maintain his challenge for an unprecedented sixth title.

"It's the perfect start, sure," said the world number two after a match in which he fired down 15 aces.

"I played Monday, had two days off. I had another easy one physically today and here I am in the third round feeling like I'm completely in the tournament."

"Obviously they weren't the most difficult matches. I didn't have to save multiple break points or whatever. Even though I got broken today, I feel really good. Tougher matches will only be coming up now, I guess. I underestimate nobody."

The 29-year-old Swiss next faces Geneva resident Paul-Henri Mathieu of France, ranked 109 in the world.

Switzerland falls behind in forex
Switzerland falls behind in forex

Switzerland fell behind Tokyo and Singapore in its share of the global foreign exchange trading business, which buys and sells four trillion dollars’ worth of currencies every day, a report released...

Full storySeptember 2, 2010 | 15:38by Swisster Staff
Fires prompt recall of Swiss Ferraris
Fires prompt recall of Swiss Ferraris

The Italian manufacturer of super-expensive Ferrari sports cars is recalling models that have caught fire in Switzerland and three other countries.

The company, majority owned by Fiat, said...

Full storySeptember 2, 2010 | 15:06by Swisster Staff
Swiss goalie may miss England game
Swiss goalie may miss England game

Switzerland’s football team faces losing its star goalkeeper in next Tuesday’s Euro 2012 qualifying match against England in Basel.

Diego Benaglio has informed the team he wants to be...

Full storySeptember 2, 2010 | 14:15by Swisster Staff
United Coffee buys French firm
United Coffee buys French firm

Geneva-based United Coffee announced on Friday that it is acquiring French group Cafés Pivard.

No price was disclosed for the acquisition, the first by the company since the appointment...

Full storySeptember 2, 2010 | 12:05by Swisster Staff
Swatch sues UBS and Credit Suisse
Swatch sues UBS and Credit Suisse

Swatch, Switzerland’s biggest watch company, has launched legal action against the country’s two largest banks for alleged multi-million-franc losses, according to a press report on Thursday.Full storySeptember 2, 2010 | 11:38by Swisster Staff

Switzerland stamps 50 years of EFTA
Switzerland stamps 50 years of EFTA

The Swiss post office unveiled a commemorative stamp on Thursday to mark 50 years of the European Free Trade Association, a group which includes Switzerland, Liechtenstein, Norway and Iceland.

"This...

Full storySeptember 2, 2010 | 10:45by Swisster Staff
Bern condemns killing of Israeli settlers
Bern condemns killing of Israeli settlers

The Swiss Federal Department of Foreign Affairs (FDFA) has condemned the killing of four settlers on the West Bank, an incident which occurred just before peace talks between the Israelis and Palestinians...

Full storySeptember 2, 2010 | 10:41by Swisster Staff
Helevtia earnings stable
Helevtia earnings stable

Swiss insurance company Helvetia reported on Thursday net income of 157 million francs for the first half of 2010, slightly below result from the same period a year earlier (160 million francs).Full storySeptember 2, 2010 | 08:10by Swisster Staff

Federal cabinet sticks to budget cuts
Federal cabinet sticks to budget cuts

The cabinet on Wednesday left largely unchanged plans unveiled in June to cut the Swiss federal government budget by 1.7 billion francs in 2012 and by 1.6 billion francs in 2013.

The plans...

Full storySeptember 1, 2010 | 16:43by Swisster Staff
Vaud railway crash remains mystery
Vaud railway crash remains mystery

An investigation is continuing into a collision of two cogwheel trains on the railway between Aigle and Les Diablerets in the Vaud Alps last Friday that injured eight people.

For reasons...

Full storySeptember 1, 2010 | 15:21by Swisster Staff
SBB profits steam higher
SBB profits steam higher

Swiss Federal Railways (SBB) reported on Wednesday a 25 percent boost in net profit for the first half of 2010 to 166 million francs compared to the same period a year earlier.

Despite the...

Full storySeptember 1, 2010 | 14:52by Swisster Staff
Bobst cuts first-half losses
Bobst cuts first-half losses

Bobst, the Lausanne-based packaging equipment and services company, reduced its losses in the first half of 2010 on sharply higher sales.

The company on Wednesday said its net loss for the...

Full storySeptember 1, 2010 | 14:31by Swisster Staff
Housing reference rate stays put
Housing reference rate stays put

A national reference rate for housing in Switzerland remains unchanged at three percent, meaning that rents should remain unchanged for the period.

The rate, set by the federal department...

Full storySeptember 1, 2010 | 13:57by Swisster Staff
Bern seeks more aid for Eastern Europe
Bern seeks more aid for Eastern Europe

The Swiss government has proposed to increase financial assistance to Eastern European countries by adding 290 million francs to the current package of 730 million.

If accepted by parliament,...

Full storySeptember 1, 2010 | 11:50by Swisster Staff
India welcomes tax pact with CH
India welcomes tax pact with CH

India says a tax pact signed with Switzerland should help track illicit Indian funds deposited in Swiss bank accounts. The deal was rubberstamped on Monday during an official visit by Swiss Foreign...

Full storySeptember 1, 2010 | 11:20by Swisster Staff
Three plane crash victims identified
Three plane crash victims identified

Officials have identified the three victims of a small plane that crashed last Thursday at Saanen, canton Bern, killing all occupants.

The pilot was a 48-year-old Swiss man from Thurgau,...

Full storySeptember 1, 2010 | 08:18by Swisster Staff


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