Archive – Banking & Fintech

Greens slam plans for new nuclear plants

This content was published on Nov 9, 2004 They say renewable energy could produce as much power as is currently generated by three nuclear reactors. The groups, including WWF Switzerland, the Swiss Energy Foundation, the Greens and the Social Democratic Party, said up to 27.5 billion-kilowatt hours of electricity could be saved by 2020. They dismissed allegations by the energy industry that Switzerland…

Zurich’s ISE acquired for up to $115 million

This content was published on Nov 9, 2004 ISE is a Zurich-based firm that develops software used to simulate and test semiconductor-manufacturing processes at the atomic level. California-based Synopsys said it would acquire its competitor for $95 million in cash when the deal closes, with an additional $20 million in cash under a three-year agreement, if ISE’s performance meets business objectives and it…

Deiss leads first-of-kind delegation to Mexico

This content was published on Nov 9, 2004 The trip comes at a time when Mexico is seeking to open its economy to foreign trade and investment. Donald Johnston, the secretary-general of the Organisation for Economic Cooperation and Development (OECD), said last week that Mexico’s economic opening represented a “beacon of hope” for developing countries. Deiss, who is also economics minister, is to…

Swiss backtracks on CEO’s financial forecast

This content was published on Nov 8, 2004 The carrier issued a clarifying statement on Monday – just two days after it confirmed comments by the chief executive, Christoph Franz. In an interview with the “Rundschau” magazine of Swiss pilots’ union Aeropers, Franz said the airline should improve this year’s operating result by some SFr300 to SFr400 million. On Saturday, a Swiss spokeswoman…

Swisscom severs connection to Infonet

This content was published on Nov 8, 2004 Swisscom will net $170 million (SFr200 million) for ISC, which provides voice and data services to multinationals. The Swiss operator said it had no employees engaged in ISC’s global activities and it would keep a 90 per cent share in a local ISC subsidiary, which provides services to customers in and around Switzerland. “We realised,…

Swiss set for smaller loss

This content was published on Nov 6, 2004 Its chief executive, Christoph Franz, said record-high oil prices have eroded some of the firm’s cost savings. “In comparison with the previous year alone, we will be able to improve the operative result by about SFr300 to SFr400 million”, said Franz in an interview with the Rundschau magazine of Aeropers, the Swiss pilot’s union. Franz…

Swiss catch online auction and shopping bug

This content was published on Nov 6, 2004 Analysts say that the Swiss are slowly buying into online shopping, following the trend in neighbouring countries. ebay said on Thursday that it had recorded a total of 390,000 visitors to its Swiss site. eBay.ch was launched in Switzerland last summer. The Swiss branch recently set a company record in Europe with the sale of…

Banks say technology is key to the future

This content was published on Nov 5, 2004 Swiss bankers at this week’s Finance Forum in Zurich said they could make significant savings if they get their IT systems right. “Technology is probably the key strategic driver for banks today,” the Forum’s managing director, René Meier, told swissinfo after the two-day conference ended on Wednesday. “It is a major cost factor for all…

MBT shoes are made for walking

This content was published on Nov 5, 2004 The revolution has now reached an impressive landmark, with the one-millionth pair of shoes stepping off the production line this weekend. Müller’s MBT footwear is fast becoming known for helping people to fight the flab, cure posture problems and ease aches and pains. The shoes, although considered by some to be unfashionable, have also become…

Rainbow warrior matures into political animal

This content was published on Nov 5, 2004 In an interview with swissinfo, Kaspar Schuler, head of Greenpeace Switzerland, talks about past successes and the challenges ahead. The Swiss chapter of the environmental organisation was established on November 5, 1984, more than a decade after Greenpeace International was founded. Over the years it has staged a series of spectacular protests against the reprocessing…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Greens slam plans for new nuclear plants

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Zurich’s ISE acquired for up to $115 million

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Deiss leads first-of-kind delegation to Mexico

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Swiss backtracks on CEO’s financial forecast

More

Swisscom severs connection to Infonet

More

Swiss set for smaller loss

More

Swiss catch online auction and shopping bug

More

Banks say technology is key to the future

More

MBT shoes are made for walking

More

Rainbow warrior matures into political animal

Popular Stories

Most Discussed