Word: zurich
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...Zurich-based manufacturer, one of the world's leading producers of industrial chocolate and cocoa, which it distributes to global giants such as Nestlé and Cadbury, claims its new product, called Vulcano, is the world's first - and so far only - melt-resistant, low-calorie chocolate. "No more stains or sticky fingers," company spokeswoman Gaby Tschofen tells TIME. "The only place where Vulcano will melt is in the mouth, because of the enzymes present in the saliva." (See pictures of what the world eats...
...damage to UBS may be difficult to gauge, experts say its reputation as a reliable institution has taken a beating. "Clients worldwide have lost trust in UBS's ability to protect their privacy," says Teodoro Cocca, former professor of asset and wealth management at the Swiss Banking Institute in Zurich. "This will affect UBS's attraction for wealthy clients - the main franchise of the bank...
...others are confident that the damage will be limited to UBS. "We don't foresee any negative impact on the Swiss banking industry as a whole," says Martin Naville, CEO of the Zurich-based Swiss-American Chamber of Commerce, an organization that helps Swiss companies in the U.S. and U.S. companies in Switzerland expand their businesses. "It's the cleanest system in the world, with strict laws on money laundering, terrorist finances, corruption and other illicit activities." (Read "The Scandal of Secret Swiss Bank Accounts...
...project didn't disappoint. Atlas Obscura has quickly become a travel guide for voyagers in search of destinations that would normally never crack tourist itineraries. In Liverpool, there's an art installation consisting of 100 identical statues of the naked artist. In Zurich, there's the Moulagenmuseum, dedicated solely to displaying wax representations of painful facial diseases. And in Brooklyn, there's a secret tunnel under Atlantic Avenue, where the body of a murdered British man is still likely hidden somewhere in the walls. More helpful still, Atlas Obscura includes a map for each oddity's location and frequently includes...
...That view is also shared by the Zurich-based Barry Callebaut, one of the world's leading manufacturers of industrial cocoa and chocolate. The company maintained stable sales volumes and increased profits by 4.7% in the fiscal period ending in February of this year, which spokeswoman Josiane Kremer attributes to the firm's expansion into high-growth emerging markets such as Eastern Europe, Russia and China, as well as market share gains in North America. (See pictures of trade between China and Africa...