Archive – Banking & Fintech

Switzerland’s richest are getting richer

This content was published on Nov 22, 2004 The richest man is still a Swede – Ingvar Kamprad, founder of the Ikea furniture chain, according to “Bilanz” business magazine. An annual survey by the magazine shows Kamprad, who has lived on Lake Geneva for nearly 30 years, holding on to the top spot for the third consecutive year with a personal fortune of…

Swiss write off most of Iraq’s debts

This content was published on Nov 22, 2004 Iraq has run up total debts of $120 billion (SFr139 billion) over the past few decades. The State Secretariat for Economic Affairs (Seco) said Switzerland had agreed to write off SFr264 million ($227 million) in debts dating back to the 1970s and 1980s. After the first Gulf War in 1990 and the imposition of a…

Rhine traffic resumes after oil spillage

This content was published on Nov 22, 2004 The authorities said clean-up operations would be completed by Tuesday. The accident occurred on Saturday near the port of Birsfelden outside Basel, when more than 100kg of heavy heating oil spilled into the river, apparently while it was being pumped into a German freighter. Emergency services set up dams to prevent any further spillage and…

Japanese swaps Swiss Alps for ocean waves

This content was published on Nov 22, 2004 Seiko Nakajima, who has lived in the mountain resort of Grindelwald for the best part of four decades, hopes to wash up in Yokohama next June. Nakajima’s ultimate destination is the Swiss pavilion at the 2005 World Expo, which is due to be staged in Aichi, Japan, from March to September next year. His “Cross…

Switzerland trapped in economic “slow lane”

This content was published on Nov 19, 2004 Professor Silvio Borner, head of Basel University’s department of applied economics, says too many voters are isolated from market realities. Borner hit the headlines this year when he calculated that the Swiss spend as much annually on subsidising three cows as they do on primary schooling for one child. But he says high agricultural subsidies…

Farming bears fruit for tourism in Grindelwald

This content was published on Nov 18, 2004 The Bernese Oberland village has for decades benefited from a fragile symbiosis between agriculture and tourism. “Tourism needs agriculture and agriculture needs tourism,” says Grindelwald farmer Sämi Brawand. On his six-hectare farm above the village, Brawand and his wife attend to eight head of dairy cattle and, when they are done with the farm chores,…

Jodlerchörli Lehn Escholzmatt: Jodlerstimmig

This content was published on Nov 18, 2004

Watch industry records best month in history

This content was published on Nov 18, 2004 The record month pushes total export revenue for the year to SFr8.87 billion, an increase of nearly nine per cent on the same period last year. The figures, from the Federation of the Swiss Watch Industry, were released as luxury group Richemont announced a sharp rise in operating profits for its first half. Richemont earns…

Swiss touch base with new Bush administration

This content was published on Nov 17, 2004 But after meeting government officials in Washington, Jean-Daniel Gerber told swissinfo that he didn’t expect much change in US economic policy over the next four years. Gerber held talks with State Department officials as well as academics and representatives of various think tanks. swissinfo: What economic policies can be expected from the Bush administration over…

Star wars threaten hotel industry

This content was published on Nov 16, 2004 The organisation believes that the existence of more than one star system would only serve to confuse hotel guests. Hotelleriesuisse says it will not give up what it believes is an exclusive right to rate hotels. For a quarter of a century, it has been handing out stars to the country’s hoteliers. The higher the…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Switzerland’s richest are getting richer

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Swiss write off most of Iraq’s debts

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Rhine traffic resumes after oil spillage

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Japanese swaps Swiss Alps for ocean waves

More

Switzerland trapped in economic “slow lane”

More

Farming bears fruit for tourism in Grindelwald

More

Jodlerchörli Lehn Escholzmatt: Jodlerstimmig

More

Watch industry records best month in history

More

Swiss touch base with new Bush administration

More

Star wars threaten hotel industry

Popular Stories

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