Archive – Banking & Fintech

No extra money for export promotion

This content was published on Feb 23, 2005 The cabinet, at its weekly meeting on Wednesday, recommended giving a total of SFr34 million ($29.3 million) to the Osec Business Network Switzerland for the two-year period 2006-2007. Economics Minister Joseph Deiss said the cabinet had also endorsed recommendations by the finance ministry to improve both the structure and management of Osec. The ministry wants…

Swisscom to enter joint venture with Belgacom

This content was published on Feb 23, 2005 Swisscom Fixnet will hold 28 per cent of the shares – but around 100 jobs are expected to be lost in Switzerland as a result of the move. Belgacom will hold the remaining 72 per cent in the firm, which is to be headquartered in Belgium. There will be a satellite office in Switzerland. The…

Novartis aims to corner generics market

This content was published on Feb 21, 2005 The Basel-based company announced on Monday that it would shell out nearly SFr10 billion (almost $8.5 billion) – in cash – to secure its position as the world’s leading producer of generic drugs. The decision to buy privately-owned German company Hexal and its United States strategic partner, Eon Labs – two-thirds now and one third…

Customs search for products with banned dye

This content was published on Feb 21, 2005 The Federal Health Office said on Monday that only one of the 359 products included in the biggest recall in British history had made its way to Switzerland. Last week London forwarded the Swiss a list of items that could contain Sudan 1, a dye which has been linked to an increased risk of cancer…

New biopharmaceutical firms still attractive

This content was published on Feb 21, 2005 The investment trend that sees the largest proportion of venture money flowing to life science, at the expense of other high-tech segments, looks set to continue. Last year, the biopharmaceutical segment attracted a total of €120 million (SFr 184.5 million) or 66 percent of the annual totals. In 2004, venture investment in Switzerland was SFr281…

Book traces Ticino and British culinary ties

This content was published on Feb 21, 2005 The book not only shows how Ticino became a popular holiday destination for the British, but also how the Ticinesi left an indelible gastronomic impression on London. Ticino Foody – British and Ticinese Historic-Culinary Encounters is the brainchild of food journalist and bon viveur Alberto Dell’Acqua. He came up with the idea to mark the…

Novartis becomes biggest generics producer

This content was published on Feb 21, 2005 The company will spend €5.65 billion (SFr8.75 billion) in cash for outright ownership of Hexal and a two-thirds stake in United States company Eon Labs, which will both be integrated into its Sandoz generics unit. Novartis said on Monday that it would launch an offer to buy the rest of Eon Labs for $31.00 per…

Digital code wins signing power

This content was published on Feb 20, 2005 Experts say the latest advance on the digital front could also boost the purchase of goods over the internet and increase the use of online government services. Since computers, fax machines, mobile phones and electronic diaries invaded our lives, signatures are one of the few things that people still write by hand. But now even…

New claim filed against Skyguide in Spain

This content was published on Feb 20, 2005 The claim also demands that Bashkirian Airlines, which operated one of the two jets involved in the crash that killed 71 people, pay out damages to the families. Skyguide, the Swiss air traffic control agency, was informed about the suit on January 27. The claim is being made in the name of 27 families represented…

Union demands action over tunnel safety

This content was published on Feb 18, 2005 Contractors and experts maintain that safety standards on transalpine tunnel sites are high, but admit that all risks cannot be eliminated. The move comes after another fatal accident – the third in the last two weeks – on a transalpine tunnel construction site. “I would like to emphasise that Unia is not interested in finding…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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No extra money for export promotion

More

Swisscom to enter joint venture with Belgacom

More

Novartis aims to corner generics market

More

Customs search for products with banned dye

More

New biopharmaceutical firms still attractive

More

Book traces Ticino and British culinary ties

More

Novartis becomes biggest generics producer

More

Digital code wins signing power

More

New claim filed against Skyguide in Spain

More

Union demands action over tunnel safety

Popular Stories

Most Discussed