Archive – Banking & Fintech

EU’s new heavyweight talks trade with Bern

This content was published on Sep 14, 2004 The leader of the European Union’s biggest new member state is keen to assure his hosts that bilateral ties won’t be affected by Warsaw’s new allegiances to Brussels. Kwasniewski told the “NZZ am Sonntag” newspaper that Poland had benefited more than any other central European country from Swiss largesse – to the tune of SFr120…

Tiny motor startup ready for its close-up

This content was published on Sep 13, 2004 But a joint venture between a Swiss startup, Miniwys, and an unnamed East Asian lens manufacturer could see new mini-motors driving zoom lenses. Biel-based Miniswys has just spun out of Creaholic, the engineering firm founded by one of the inventors of the Swatch watch, with the help of several undisclosed private investors who are backing…

Converium boss says new strategic plan “on way”

This content was published on Sep 13, 2004 Dirk Lohmann said on Tuesday that the company was working actively on a range of options and did not want to “come out with anything half-baked”. Shares in Converium fell by nearly 20 per cent on Monday after its credit rating was downgraded. They recovered to reach nearly SFr20 on Tuesday, but analysts say the…

Emmental cheese to get special protection

This content was published on Sep 13, 2004 Makers of the famous cheese, renowned for its large holes, are hoping that the label will help boost flagging sales. On Monday the Federal Agriculture Office announced plans to introduce the label for Emmental cheese. It rejected 64 appeals against the proposal. “Certification will help protect the origin, quality and tradition of Switzerland’s Emmental cheese,”…

Coffee industry agrees code of conduct

This content was published on Sep 10, 2004 The agreement aims to create better working conditions and protect the environment in coffee-producing countries. The Common Code for the Coffee Community (CCCC) was presented by representatives of the industry and the German government in the city of Hamburg on Friday. However, it is not clear when the voluntary pact will be signed. Alongside Nestlé,…

Zurich suffers final blow to Euro 2008 hopes

This content was published on Sep 10, 2004 It comes as leading Swiss business and tourism officials warn that the planning fiasco could have substantial negative consequences for both Zurich and Switzerland. Zurich originally planned to host several games at a new stadium in Hardturm, but officials confirmed earlier this week that it could not be completed in time due to legal wrangles.…

Swiss showcase transport heritage

This content was published on Sep 10, 2004 It was the tenth anniversary of the event devised by the Council of Europe to promote conservation of monuments and sites, and to highlight cultural diversity. “We want to present a diverse programme in order to attract a broad public during this anniversary year,” said Gurli Jensen, head of the Swiss national office for monument…

Swiss e-commerce start-up takes on Philip Morris

This content was published on Sep 9, 2004 Chiasso-based Yesmoke has hit on a simple and lucrative business model: worldwide retailing of tobacco brand names for prices up to one-fifth of what shops charge. The virtual firm, which was set up four years ago by Italian brothers Gianpaolo and Carl Messina, already has annual revenues totalling an enviable $100 million (SFr126 million). The…

Expensive baby treatment causes outcry

This content was published on Sep 8, 2004 The case has been taken up by the Swiss price watchdog, Rudolf Strahm, who is looking into ways to block the price rise. Nitric oxide is used mainly in children’s hospitals to help babies and young children with breathing difficulties and heart problems. Paediatricians have hailed the gas as safe, effective and cheap. But doctors…

Adecco appoints business ethics supremo

This content was published on Sep 7, 2004 The move coincides with the conclusion of an independent investigation into the accounting crisis that hit the company earlier this year. Tundé Johnson, Adecco’s former senior vice-president for international corporate affairs, will assume responsibility for further development of internal compliance procedures, systems and general business culture. He will report directly to the board of directors.…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

EU’s new heavyweight talks trade with Bern

More

Tiny motor startup ready for its close-up

More

Converium boss says new strategic plan “on way”

More

Emmental cheese to get special protection

More

Coffee industry agrees code of conduct

More

Zurich suffers final blow to Euro 2008 hopes

More

Swiss showcase transport heritage

More

Swiss e-commerce start-up takes on Philip Morris

More

Expensive baby treatment causes outcry

More

Adecco appoints business ethics supremo

Popular Stories

Most Discussed