Archive – Banking & Fintech

Ascom turns the corner, but plans sell-offs

This content was published on Sep 7, 2004 Figures released on Tuesday show that net group profit for the first half of 2004 was SFr22 million ($17.3 million), in stark contrast to a loss of SFr57 million for the same period last year. But the Bern-based company has clearly indicated more divestments may be on the way, and says it will focus in…

Jobless rise hits young people

This content was published on Sep 7, 2004 Young people are the worst affected, with the jobless rate among 15- to 24-year-olds rising to 5.3 per cent. Figures from the State Secretariat for Economic Affairs (Seco) on Tuesday showed that the number of unemployed rose by 2,798 to 145,923 at the end of August. This is the first time that the rate has…

Swiss Life posts sixfold increase in net profit

This content was published on Sep 7, 2004 The results indicate that Switzerland’s largest life insurer is now back on the growth path, following several years of cost-cutting and asset sales. “We have systematically moved forward along the path we charted out nearly two years ago and can report further operational progress in all areas in the first half of 2004,” said CEO…

Study criticises content of annual company reports

This content was published on Sep 6, 2004 Consulting group Kirchhoff found that the reports by many Swiss firms failed to give a clear picture of their overall strategy and goals. The study, carried out by the Swiss branch of the German consulting firm, examined the annual reports of 25 companies listed on the Swiss Market Index (SMI), which is made up of…

Consumers told to recycle or pay the consequences

This content was published on Sep 3, 2004 If they don’t recycle more, they risk having to pay a compulsory deposit. PET Recycling Switzerland has now started a nationwide campaign to encourage people to return more empties. If this fails, a deposit on all PET bottles will be levied by the federal authorities, which are demanding higher rates of recycling. Swiss law demands…

Sneeze-free hay brings relief to horses

This content was published on Sep 3, 2004 Hans Fankhauser says his invention could cure animals of their hay fever, while meeting all their dietary requirements. So-called “eco hay”, favoured by many owners, is now being blamed for a surge in allergies among horses The hay, which has mature plants of different types mixed into it, can also cause digestive disorders such as…

Swiss search startup surges ahead

This content was published on Sep 3, 2004 A ten-month-old Swiss startup company called G10 Software AG, reports it is already starting to earn revenues with its RedDog software that enables Intranet users to find files stored on their servers or desktop PCs more quickly. Not quite a year ago, four German entrepreneurs packed their bags and their laptops, heading to Switzerland after…

Axe falls on military personnel and bases

This content was published on Sep 3, 2004 The army is to lose 564 professional posts, with a further 1,100 to go by the end of 2005. Twenty-five logistics bases will close or be scaled down. Defence Minister Samuel Schmid and army chief Christoph Keckeis on Friday unveiled the “first phase” of a rationalisation programme of Switzerland’s regular armed forces. The minister said…

Air 04 takes off in Payerne

This content was published on Sep 2, 2004 Up to 275,000 spectators attended Air 04, which took place over the weekend at the Payerne airbase in western Switzerland. Orgnanisers say the air show got off to a good start with 120,000 spectators on Saturday alone. The event was an opportunity for foreign manufacturers to show off their fighter aircraft, in the hope that…

Alexandre Huber Trio: Organic Sound

This content was published on Sep 1, 2004

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Ascom turns the corner, but plans sell-offs

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Jobless rise hits young people

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Swiss Life posts sixfold increase in net profit

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Study criticises content of annual company reports

More

Consumers told to recycle or pay the consequences

More

Sneeze-free hay brings relief to horses

More

Swiss search startup surges ahead

More

Axe falls on military personnel and bases

More

Air 04 takes off in Payerne

More

Alexandre Huber Trio: Organic Sound

Popular Stories

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