ZURICH (Reuters) – Syngenta and Bayer, top producers of the pesticides blamed for a sharp fall in bee populations around the world, have proposed a plan to support bee health to try to forestall a European Union ban on the products.
EU governments failed this month to agree a ban on three widely used pesticides linked to the decline of honeybees, although the European Commission could force one through unless member states agree a compromise.
ZURICH/ORBE, Switzerland, March 26 (Reuters) – Nescafe
instant coffee might seem like an also-ran as Nestle
celebrates the 75th anniversary of the flagship brand, but it is
getting a pick-me-up from China and new Dolce Gusto machines
that are tapping booming demand for coffee pods.
“Nescafe is a big brand with different faces,” Nestle Chief
Executive Paul Bulcke told journalists at the opening of a
factory in western Switzerland that will produce beverage
systems like Dolce Gusto and the firm’s premium Nespresso
ZURICH, March 14 (Reuters) – The Swiss National Bank warned
on Thursday that the euro zone crisis could resurface,
potentially driving investors back into the safe-haven franc,
underlining its determination to keep a lid on the currency at
1.20 per euro.
The SNB imposed a cap on the franc at 1.20 per euro in
September 2011 to prevent deflation and a recession, after
investors seeking sanctuary from the euro zone crisis pushed the
currency’s value up by a quarter in just a few months.
ZURICH (Reuters) – The Swiss National Bank is expected to reassert its determination on Thursday to defend the lid it set on the franc as the euro zone’s uncertainties underpin demand for the currency as a safe haven.
The SNB imposed a cap on the franc at 1.20 per euro in September 2011 to prevent deflation and a recession, after investors seeking sanctuary from the euro zone crisis had pushed the currency’s value up by a quarter in just a few months.